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Investing.com – The Australian and New Zealand dollars moved higher on Monday, as Friday’s downbeat U.S. economic reports continued to weigh on the greenback and as markets begn to focus on the Federal Reserve’s policy meeting scheduled later in the week. AUD/USD gained 0.30% to 0.8028. The greenback came under pressure after data on Friday showed […]
BEIJING (Reuters) – China will strengthen its supervision of overseas investment risks and capital flows from insurance funds, the insurance regulator said on Monday, adding that it will urge companies to improve their risk monitoring systems. China has cracked down this year on “irrational” overseas investment which it suspected was one way of disguising capital […]
Investing.com – The yen held weaker in Asia on Monday on reports Prime Minister Shinzo Abe may call a snap election for October to build on support for his handling of tensions with North Korea. USD/JPY changed hands at 111.20, up 0.34%, while AUD/USD traded at 0.8017, up 0.16%. Elsewhere, U.S. Ambassador to the United Nations Nikki Haley said […]