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Forex News Today: Forex Market News & FX Forecast

Forex

Japan Slips Into Recession, But BOJ Still Seen Ending Stimulus

Government data released on Thursday showed that GDP fell by an annualised 0.4% in the October-December period after a 3.3%…

2 months ago

Nikkei Dips, But Hang Seng up After Sticky US Inflation Data

The Nikkei fell after stronger than expected inflation data in the US, but the Hang Seng and indexes in India…

2 months ago

Nikkei Nears Record Peak, Calm in Asia Before US Inflation Data

Japanese shares soared to a 34-year peak on Tuesday, rising 2.9% while stock markets in China were all closed again…

2 months ago

China Banks Move to Stabilize Yuan as Stock Markets Slide

China's state banks actively sold dollars in the foreign exchange market on Monday to stop the currency from suffering a…

3 months ago

China’s Yuan Topples Dollar as Most Traded Moscow Currency

Yuan trading accounted for more than 40% of all foreign currency changing hands on the Moscow Exchange in 2023, triple…

3 months ago

China Cracks Down on Issuing of 364-Day Offshore Bonds

Regulators have ordered local government funding vehicles to stop issuing 364-day offshore bonds, which were undertaken via a loophole last…

4 months ago

Nikkei, Hang Seng Surge Amid Global Rally on Rate Cut Optimism

"A more dovish Fed means the likelihood of recession in 2024 has fallen considerably," one market analyst said

4 months ago

China’s Yuan Leapfrogs Yen in Global Payments Rankings – FT

Analysts said the renminbi’s advance was likely to be welcomed by Beijing, which is keen to increase the currency’s international…

4 months ago

China Central Bank Set to Boost Liquidity, Poll Forecasts

The bulk of market analysts surveyed recently expect the People's Bank of China to boost liquidity and keep the one-year…

4 months ago

China’s Stock Index Near 5-Year Low After Moody’s Outlook Cut

Rating agency's downgrade of China outlook puts pressure on Beijing to impose more forceful measures to prop up stocks and…

5 months ago

Wealthy Families, Private Firms Moving Billions Out of China – NYT

Rich Chinese families and private companies have taken or sent an estimated $50 billion a month out of China this…

5 months ago

China State Banks’ Yuan-Buying Push ‘Hints at Rate Cuts’

The country’s big banks, suspected of often doing Beijing’s bidding, have continued buying yuan despite the currency rising

5 months ago