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The dollar traded close to session highs against a basket of global currencies, as sentiment on the greenback remained positive in the wake of upbeat comments from the Federal Reserve while a slump in the pound supported further upside momentum. A dent in sterling pushed the dollar to session highs, after Bank of England Governor […]
Yen gains after BoJYen gains after BoJ The yen gained in Asia on Wednesday as April minutes from the Bank of Japan suggested the pace of asset purchases for Japan Government Bonds could fluctuate on supply. USD/JPY changed hands at 111.38, down 0.07%, while AUD/USD traded at 0.7568, down 0.17%. GBP/USD fell 0.06% to 1.2622. […]
The 19th century belonged to the United Kingdom, the 20th century to the United States. Many market experts and analysts now speculate that the 21st century will be remembered as the “Asian Century,” dominated by rising superpowers such as Indonesia, India and China. It’s those last two countries, India and China—home to nearly 40 percent […]