Asia FX Turns Cautious Ahead of U.S. Payrolls, Dollar Hits 3-Mth Low

Asia FX Turns Cautious Ahead of U.S. Payrolls, Dollar Hits 3-Mth Low

Dec 2, 2022

Most Asian currencies moved little on Friday as caution kicked in ahead of U.S. payrolls data that is likely to affect monetary policy, although dovish signals from the Federal Reserve pushed the dollar to a three-month low. Regional currencies were also set for

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Japan Foreign Reserves Fall For Third Month After Intervention

Japan Foreign Reserves Fall For Third Month After Intervention

Nov 8, 2022

Japan’s foreign reserves extended declines in October, following the previous month’s record drop, the Ministry of Finance said on Tuesday, reflecting the largest ever amount of yen-buying, dollar-selling interventionThe data comes alongside separate figures that confirmed Japan did not conduct stealth intervention in

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