Topic: Asia Pacific
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USD index jumps from six-week lows as Powell steps up rhetoric
Fed chair reiterates that further rate hikes are likely.
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USD lower as market shrugs off Powell’s warning
FX markets cross Asia rebounded as the US dollar fell.
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Aussie hit by RBA minutes, PBOC cut no help
The US dollar was stronger overnight as global sharemarkets took another step lower.
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USD rebounds as European shares dive
USD index climbs from one-month lows as worries about higher European interest rates hit risk sentiment.
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Global markets ease after bumper week
The Fed’s decision to keep interest rates on hold last week has been one key driver of the recent gains.
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Aussie highest since February on Fed
PBOC cut; ECB lifts again.
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