Asian Currency Index Falls to Two-Decade Low on Fed, Tariff Bets [Yahoo! Finance]
Royal Bank Of Canada (RY)
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Source: Yahoo! Finance
Most Read from Bloomberg Is This Weird Dome the Future of Watching Sports? NYC Congestion Pricing to Take Effect After Years of Delays NYC Congestion Pricing Takes Effect After Years of Delays NYPD Seeking Gunmen After 10 People Wounded Outside Queens Venue NYC Congestion Pricing Cleared by Judge for Sunday Launch The Bloomberg Asia Dollar Index slipped to as low as 89.0409 on Monday, hitting its lowest in data going back to 2006. Asian currencies have been swept aside by the dollar's broad gains due to Federal Reserve officials' cautious tone on its interest rate path and investors' bets that Trump's tariffs could lead to inflationary pressures. There will continue to be “dollar-Asia upside across the board, but some more than others,” said Alvin T. Tan, head of FX strategy at the Royal Bank of Canada in Singapore. US trade protectionism, if it materializes, will be a “huge game-changer.” Asian central banks will likely respond to such protectionism by allowing their
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- Asian Currency Index Falls to Two-Decade Low on Fed, Tariff Bets [Yahoo! Finance Canada]Yahoo! Finance Canada
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RY
Earnings
- 12/4/24 - Beat
RY
Sec Filings
- 1/7/25 - Form FWP
- 1/7/25 - Form FWP
- 1/7/25 - Form 424B2
- RY's page on the SEC website