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Investing.com – Most Asian currencies weakened on Thursday as the U.S. dollar reached a one-year high, bolstered by data showing persistent inflationary pressure in the U.S. Market sentiment in the region remained subdued, following disappointing Chinese stimulus measures and concerns over potential U.S. protectionism under a Donald Trump presidency. The Japanese yen and the Chinese

(Reuters) – Investors sharply ramped up their short bets on Asian currencies and turned bearish on the Singapore dollar for the first time since early July on rising concerns that the U.S. President-elect Donald Trump’s policies would erode the attractiveness of risk-sensitive emerging market assets. Short bets emerged on the Singapore dollar for the first

LONDON (Reuters) -The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump’s U.S. election win raises the prospect of a hike in tariffs that could deal a fresh blow to the euro zone economy. At around $1.05, the euro has slumped 6% from more than one-year highs

Investing.com – The U.S. dollar surged to a one-year high on Thursday, bolstered by consumer inflation data that cast doubt on the extent of Federal Reserve rate cuts. Simultaneously, Donald Trump began filling key positions in his new administration. At 04:35 ET (09:35 GMT), the Dollar Index—which measures the greenback against six other major currencies—climbed