Asian Markets Brace for Powell Testimony: Currency and Rate Anxiety Increase
Key Takeaways 💱 Most Asian currencies were stable while the dollar recovered as markets awaited U.S. monetary policy cues 🇨🇳 China’s economy showed weak signals, with GDP targets remaining the same for 2023 and 2024 💴 Chinese yuan slightly declined near breaking the 7.2 level 🇯🇵 Japanese yen strengthened under 150 level due to safe … Read more