INDIA TO TAKE ON OFFSHORE CURRENCY MARKETS AMID CORONAVIRUS

Highlights:

• Reserve Bank of India (RBI) has allowed local banks to participate in the offshore market from June 1, 2020.
• Two exchanges- India international exchange Ltd. (IFSC) and NSE IFSC Ltd. will begin trading of foreign exchange settled rupee der...

U.S. MARKETS CLOSE ON PRESIDENT’S DAY

Highlights:

• February 17th is celebrated as President's day in the US.
• US financial and bond markets will be closed on Monday.
• The next market holiday will be on April 10th on account of Good Friday.

17th February is ce...

Early on Tuesday, Santa arrived early in Asia's stock markets as a result of optimism of trade agreements

Asia-Pacific shares outside Japan MSCI's largest index. MIAPJ0000PUS rose 1% to its limit in June 2018. Japan's Nikkei N225 has been highest in more than one year, and shares rose by over one percentage point between Shanghai.CSI300 and Seoul. KS11 and Hong Kong. HSI.

But the eu...

Euro and Japanese yen largely held gains against the dollar this week

LONDON, Dec 3 (Reuters)— Tuesday's euro and Japanese yen largely held gains against the dollar this week after deceiving U.S. production data and signals of new fronts. The trade war of President Donald Trump frightened greenback investors.

Nevertheless, fluctuations in curren...

The volatility of the euro-dollar hits new low and deepens the misery of the currency market

As 2019 moves towards its final month, currency markets show no sign of waking from their slumber, with key gages of expected swings in this week's euro-dollar rate plumbing new records.

When central bank monetary policies since 2009 saturated financial markets with liquidity, impli...

ASEAN currency markets were pushed more by emotion than by realities?

Today in Asia it was an intensified situation with headlines driving sentiment. Possibility tanked on hopes that the US bill funding demonstrations in Hong Kong would be signed by President Trump. Safe-haven investments have been well sold every morning until Bloomberg posted on the cautious opti...

Currencies to tank the next week

As the global conditions are not stabilizing we are seeing a huge mess in the

As the global conditions are not stabilizing we are seeing a huge mess in the currency valuations as everyday there is some new change and the markets just goes hay way without any prior warnings or proper reg...