Oct. 26, 2023 10:17 pm ET
0210 GMT—Most Asian currencies strengthen against the dollar in the morning session as risk appetite picks up, driven by gains in U.S. stock-index futures. Solid earnings from Amazon and Intel are providing a boost to equity-index futures, says Alvin T. Tan, head of Asia FX Strategy at RBC Capital Markets, in an email. While Middle East tensions are still simmering, the lack of significant escalation of the Israel-Hamas conflict has led to a reduced impact on markets lately, Tan adds. USD/KRW falls 0.3% to 1,350.02; USD/JPY edges 0.1% lower to 150.30; AUD/USD rises 0.3% to 0.6342. ([email protected])
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