Asia FX remains quiet as the dollar stabilizes at its highest level in over two months due to robust data, according to Investing.com

Asia FX remains quiet as the dollar stabilizes at its highest level in over two months due to robust data, according to Investing.com

Most Asian currencies remained stable on Friday as the dollar held steady at more than two-month highs due to strong economic data, which reinforced expectations of smaller interest rate cuts. Regional markets were largely unaffected by Chinese gross domestic product data showing expected growth in the third quarter. The yuan slightly strengthened after the data … Read more