Dollar gives up gains as eyes turn to Fed's Yellen

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Báo Đầu Tư English 3 week(s) ago

HONG KONG: The dollar swung in Asian trade on Tuesday (Jun 27) after a top Federal Reserve official indicated it would raise interest rates further this year, while traders await a speech from Fed boss Janet Yellen.

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Expert warns over possible increase in USD exchange rate

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Báo Đầu Tư English 3 week(s) ago

After the Federal Reserve (Fed) raised the USD interest rate, the domestic exchange rate did not significantly fluctuate. However, when talking with VIR’s Thuy Lien, economist Dr Can Van Luc said that there may be some pressure on the USD exchange rate at the end of 2017.

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SBV looks to up foreign reserves

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Báo Đầu Tư English 3 week(s) ago

The State Bank of Viet Nam’s transaction centre this week raised the reference buying rate for the US dollar by VND50 to VND22,725, revealing its intention to expand foreign reserves.

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Exchange rates stable despite Fed rate hikes

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Báo Đầu Tư English 1 month(s) ago

The VND/USD exchange rates saw little changes this morning although the US Federal Reserve (Fed) raised interest rates on Wednesday on the confidence in a growing economy and strengthening job market in the world’s biggest economy.

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SE Asia Stocks-Indonesia hits record closing high; Vietnam scales 9-yr peak

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Báo Tuổi Trẻ English 1 month(s) ago

Indonesian shares hit a record closing high on Wednesday, with most markets in the region rising ahead of a likely rate increase by the U.S. Federal Reserve, with investors awaiting more clarity on its future stance.

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SE Asia stocks largely up ahead of Fed meet; Vietnam at 9-year high

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Báo Tuổi Trẻ English 1 month(s) ago

Most Southeast Asian markets ended higher on Tuesday, as investors took a cautiously optimistic stance ahead of a U.S. Federal Reserve policy meeting that could provide cues on the pace of rate hikes in the months to come.

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European stocks tread water before Fed minutes

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Báo Đầu Tư English 2 month(s) ago

LONDON: European equities traded broadly flat on Wednesday (May 24), despite gains across most of Asia, as dealers waited on news from the Federal Reserve's most recent policy meeting.

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Deficit to pressure exchange rates

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Báo Đầu Tư English 2 month(s) ago

Exchange rates will face pressure to rise this year due to an anticipated trade deficit, according to the National Financial Supervisory Commission (NFSC).

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Torrential rain, floods hamper Australia cyclone relief

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SaiGon GP English 4 month(s) ago

Torrential rain hampered relief efforts on Thursday after a powerful cyclone wreaked havoc in northeast Australia, with floods sparking emergency rescues as fed-up tourists wait to be evacuated from resort islands.

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Exchange rate under the control despite Fed rate hike

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Báo Đầu Tư English 4 month(s) ago

After the Federal Reserve (Fed)’s move of increasing the key USD interest rate by 0.25 per cent up to a range of 0.75-1 per cent, the exchange rate on the domestic market is under control. However, Huynh Trung Minh, a financial and banking expert, told VIR’s Van Linh that enterprises should be proactive in exchange rate risk hedging.

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Gold market defies common rule after Fed’s interest rate hike

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SaiGon GP English 4 month(s) ago

The gold market resumed stability shortly after a quick increase on March 16 after the US Federal Reserve (Fed) raised its interest rates, while the US dollar lost in value compared to other major currencies, which experts described as going against common rule.

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VN-Index slips, awaits US Fed results

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Báo Đầu Tư English 4 month(s) ago

Shares dropped slightly yesterday on the HCM Stock Exchange as investors remained cautious ahead of the results of the US Federal Reserve (Fed) meeting.

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Fed raises benchmark interest rate by a quarter point

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Báo Đầu Tư English 4 month(s) ago

WASHINGTON: The US Federal Reserve on Wednesday (Mar 15) raised the benchmark interest rate by a quarter point, amid rising inflation, the second increase since President Donald Trump's election and only the third in a decade.

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Local markets gain marginally, await US Fed announcement

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Báo Đầu Tư English 4 month(s) ago

Shares went up marginally on Wednesday morning on rising caution ahead of the results of the US Federal Reserve meeting.

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Stock markets confident Fed Reserve will seal deal

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Báo Đầu Tư English 4 month(s) ago

LONDON: World stock markets mostly rose on Monday (Mar 13) as investors priced in the near-certainty of a US rate rise this week following a forecast-busting US jobs report.

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