forex

US dollar steady around 1-week high after Trump says Iran MOU ‘over’

Against the British pound, the Japanese currency fell to its lowest point since 2007 at 217.20, before paring some losses.

Yen pinned near 40-year low with investors wary of intervention

Activity concentrated within regular trading hours in Seoul, but volume thinned out as usual during the London and New York hours.

Won’s 24-hour trading debut passes with below-average volume

The move aims to provide the level of accessibility and convenience in foreign exchange trading comparable to advanced markets.

South Korean won’s 24-hour trading era begins with cheers, applause

The benchmark Kospi has jumped about 90 per cent this year, the strongest run of any major global equity gauge.

Scarred by 1997 crash, South Korea nervously opens 24-hour won trading

Japanese authorities spent 11.7 trillion yen in April and May to support the currency, but the impact of this has already faded.

Strong US dollar pushes yen to 40-year low as traders test Japanese authorities

Against the Japanese yen, the dollar shed 0.02 per cent to 161.74.

Greenback declines for second straight day but set for weekly gain

Fed funds futures are pricing in more than an 85% chance of a quarter-point rate hike by the US Federal Reserve by September.

US dollar rises to one-year high on Fed hike bets; yen hovers near 40-year low

The threat of a prolonged conflict in the Middle East is triggering a broad reassessment of portfolios.

Five areas to watch as renewed US-Iran hostilities rattle global markets