George Lei
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Yen’s Slump Faces Make-Or-Break Moment After US Inflation Data
The battered yen has been hovering near a critical turning point and a 34-year low but Japanese authorities are likely wait until a US inflation reading later this week before stepping in to prop up the yen, according to Standard Chartered.
- Monday April 8, 2024
- Author: George Lei
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Yen’s Slump Faces Make-Or-Break Moment After US Inflation Data
The battered yen has been hovering near a critical turning point and a 34-year low but Japanese authorities are likely wait until a US inflation reading later this week before stepping in to prop up the yen, according to Standard Chartered.
- Monday April 8, 2024
- Author: George Lei
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Global Growth And Nvidia Spur Dollar’s First Weekly Loss In 2024
The dollar’s 2024 bull-run is on track for its first weekly setback after global growth and risk sentiment got a boost from blockbuster earnings by stock-market darling Nvidia Corp.
- Saturday February 24, 2024
- Author: George Lei, Carter Johnson
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Global Growth And Nvidia Spur Dollar’s First Weekly Loss In 2024
The dollar’s 2024 bull-run is on track for its first weekly setback after global growth and risk sentiment got a boost from blockbuster earnings by stock-market darling Nvidia Corp.
- Saturday February 24, 2024
- Author: George Lei, Carter Johnson
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Global Markets Brace For Yuan Big Bang When China Holidays End
Investors are scouring the market for cheap hedges against losses in China’s yuan, just as the world’s second-biggest economy prepares to return from a week-long holiday for the Lunar New Year. With implied volatility across all tenors falling to levels not seen since 2022, options have emerged as the most cost-effective vehicle for protection ...
- Saturday February 17, 2024
- Author: George Lei
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Yen’s Slide Past 150 To Dollar Prompts Stern Warnings From Japan
The currency move triggered a flurry of verbal warnings from Tokyo’s most senior currency officials.
- Wednesday February 14, 2024
- Author: Yumi Teso, George Lei
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Dollar Posts Longest Win In Five Months, As Treasury Yields Hit 2024 Peak
The Bloomberg dollar spot index rose 0.2% in week ending Feb. 9, taking its six-week and year-to-date rally to 2.4%.
- Saturday February 10, 2024
- Author: George Lei
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Dollar Posts Longest Win In Five Months, As Treasury Yields Hit 2024 Peak
The Bloomberg dollar spot index rose 0.2% in week ending Feb. 9, taking its six-week and year-to-date rally to 2.4%.
- Saturday February 10, 2024
- Author: George Lei
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U.S. Dollar Hits Near Pre-Pivot Level As Job Data Roils Rate-Cut Bets
The US dollar jumped the most in two weeks after the blowout jobs report, pushing the currency back near levels last seen before the Federal Reserve’s December pivot and wrong-footing traders betting on imminent interest-rate cuts.
- Friday February 2, 2024
- Author: Carter Johnson, George Lei, Robert Fullem
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U.S. Dollar Hits Near Pre-Pivot Level As Job Data Roils Rate-Cut Bets
The US dollar jumped the most in two weeks after the blowout jobs report, pushing the currency back near levels last seen before the Federal Reserve’s December pivot and wrong-footing traders betting on imminent interest-rate cuts.
- Friday February 2, 2024
- Author: Carter Johnson, George Lei, Robert Fullem
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US Dollar Is Near To Its Peak
The US dollar’s winning streak looks to be running out of steam.
- Tuesday October 31, 2023
- Author: George Lei, Robert Fullem
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US Dollar Is Near To Its Peak
The US dollar’s winning streak looks to be running out of steam.
- Tuesday October 31, 2023
- Author: George Lei, Robert Fullem
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Dollar Drops Most In Two Months As Yuan, Yen Rally on Pushback
The US dollar fell by the most in two months after China and Japan signaled a willingness to take steps that would bolster their currencies, triggering a sharp jump in the yuan and the yen.
- Tuesday September 12, 2023
- Author: George Lei
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Dollar Set for Longest Rally in Years With US Defying Global Gloom
The US dollar extended its gains, sending the currency toward its longest rally in years as the strength of the economy fuels speculation the Federal Reserve will keep interest rates elevated.
- Friday September 8, 2023
- Author: George Lei
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Wall Street Sees No End To Yuan Losses Despite Beijing Pushback
While Beijing moves to stabilize the yuan, Wall Street still sees plenty of room for the Chinese currency to fall.
- Tuesday August 22, 2023
- Author: George Lei, Carter Johnson