Asia FX Traders Brace for Risk of Disappointment by Fed, China [Yahoo! Finance Canada]
Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG)
US:NYSE Investor Relations:
mizuho-fg.com/investors/index.html
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Source: Yahoo! Finance Canada
(Bloomberg) -- Asian currency traders have barely recovered from Wednesday's selloff but they're already hunkering down for the next macro risks on the horizon. Most Read from Bloomberg Trading desks across the region are bracing for the possibility of more losses when the Federal Reserve unveils its policy decision on Thursday and China's lawmakers wrap up a meeting Friday. If the US central bank signals it'll go slow on interest-rate cuts or Beijing's announcement underwhelms investors, Asian currencies are likely to come under pressure. Foreign-exchange stability in Asia has once again become a talking point after Donald Trump's presidential victory triggered a selloff which drove the yen toward the psychological level of 155 per dollar and the onshore yuan nearer a 16-year low. Some strategists are even warning that a new round of US tariffs on its trade partners may spark a race to devalue the region's currencies. “There's just no rest for Asian currency traders this wee
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MFG
Sec Filings
- 11/14/24 - Form 6-K
- 11/14/24 - Form 6-K
- 11/14/24 - Form 6-K
- MFG's page on the SEC website