Saturday, September 21, 2024
HomeTop StoriesMost Asian Currencies Strengthen Amid Improving Risk Appetite

Most Asian Currencies Strengthen Amid Improving Risk Appetite

Published on

spot_img


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])

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8



Source link

See also  3 Illinois hospitals keep A streak alive in Leapfrog hospital ratings

Latest articles

Iceland Is One of the Best Places to View the 2026 Total Solar Eclipse — How to Plan the Perfect Trip

In 2026, a rare celestial event will bathe Iceland in an ethereal...

T.I., Tiny’s $25 Million OMG Girlz Trial Ends with Closing Arguments

The fate of T.I. and Tiny’s $25 million intellectual property war with...

The EU’s 10 biggest antitrust actions on tech

The U.S. innovates and the EU regulates, or so certain transatlantic punters love...

After the murder of their son by a neo-Nazi, a California family’s extraordinary journey turning grief into hope

The silent stones tell both sides of an epic story, the life and...

More like this

Iceland Is One of the Best Places to View the 2026 Total Solar Eclipse — How to Plan the Perfect Trip

In 2026, a rare celestial event will bathe Iceland in an ethereal...

T.I., Tiny’s $25 Million OMG Girlz Trial Ends with Closing Arguments

The fate of T.I. and Tiny’s $25 million intellectual property war with...

The EU’s 10 biggest antitrust actions on tech

The U.S. innovates and the EU regulates, or so certain transatlantic punters love...