Asia FX Edges Higher, Korean Won Surges Even As BOK Holds

Asia FX Edges Higher, Korean Won Surges Even As BOK Holds

Feb 23, 2023

Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with the won appreciating sharply even as the Bank of Korea held interest rates after 18 months of hikes. The South Korean won rose

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Oil Extends Rally as U.S. Supplies Tighten Ahead of Demand-Heavy Holidays

Oil Extends Rally as U.S. Supplies Tighten Ahead of Demand-Heavy Holidays

Dec 22, 2022

Oil prices extended gains into a fourth straight session on Thursday after inventory data showed that U.S. supplies remained tight ahead of a demand-heavy holiday season, although caution ahead of key economic readings kept gains limited. Data on Wednesday showed that U.S. crude

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