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Brazil, South Africa FX Soars as Trump Dials Back Trade War Tone
Yahoo Finance· 2025-10-13 16:15
Currencies from Brazil, South Africa and Mexico outperformed emerging-market peers on Monday as trade concerns eased on a day marked by thin trading volumes, with the US bond market closed for a holiday. Investor appetite for riskier assets grew during the Americas session, with the real and the rand climbing 1.3% each, supported by higher commodity prices and hints that Donald Trump’s administration is open to negotiate with China. Still, the currency gauge fell and the benchmark stock index, heavily we ...
Yen Slumps to Weakest Since February in LDP-Results Aftermath
Yahoo Finance· 2025-10-08 00:26
Sanae Takaichi at a news conference at the LDP party’s headquarters in Tokyo on Oct. 4. The yen slid further on Wednesday after touching the weakest level since February against the dollar, as Sanae Takaichi’s surprise win as the new leader of Japan’s ruling Liberal Democratic Party continued to weigh on the currency. Most Read from Bloomberg The Japanese currency weakened to as low as 152.34 against the greenback, while moving to a fresh record against the euro since the common currency’s inception in 1 ...