Your email has been successfully added to our mailing list.

×
0 0 0 0.00445344129554654 0.00323076923076918 0.00323076923076918 0.00323076923076918 0.00323076923076918
Stock impact report

A $6 Trillion FX Pile Is Asia's Shield From Resurgent Dollar [Yahoo! Finance Canada]

Barclays PLC (BCS) 
Most Read from Bloomberg Asian currencies have come under pressure in October, as rising odds of a Donald Trump presidency and uncertainties over the pace of the Federal Reserve's easing bolstered the greenback. A Bloomberg index of the region's currencies just had its worst month since February 2023, with the Indian rupee near its weakest ever and South Korea's won close to a three-month low. Strategists expect the losses to extend, especially if Trump returns to power and reignites a trade war. However, a years-long increase in FX reserves means central banks are in pole position to smooth volatility, according to Barclays Plc and MUFG Bank Ltd. That firepower is important since the Fed is no longer in a tightening cycle, making interest rate hikes to support currencies a difficult option for Asia's central banks. “Asian FX reserves have continued to grow and there's certainly plenty of ammunition,” said Mitul Kotecha, head of FX and EM macro strategy for Asia at Barclays. Wh Show less Read more
Impact Snapshot
Event Time:
BCS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BCS alerts
Opt-in for
BCS alerts

from News Quantified
Opt-in for
BCS alerts

from News Quantified