Matthew Burgess

3 days ago | bloomberg.com | Catherine Bosley |Matthew Burgess |Maria Elena Vizcaino

South Korean 50,000 won banknotes prepared at the Bank of Korea headquarters. (Bloomberg) -- After years of coming second to popular Latin American carry trades, Asian currencies are finding their cheapness has become an asset as traders seek to capitalize on the dollar’s eroding premium status.

3 days ago | nz.finance.yahoo.com | Catherine Bosley |Matthew Burgess |Maria Elena Vizcaino

(Bloomberg) -- After years of coming second to popular Latin American carry trades, Asian currencies are finding their cheapness has become an asset as traders seek to capitalize on the dollar’s eroding premium status. Most Read from Bloomberg Currencies like South Korea’s won, the Indonesian rupiah, and the Indian rupee rank among the most undervalued in emerging markets relative to their historic average, according to data compiled by Bloomberg.

1 week ago | flipboard.com | Matthew Burgess

2 hours agoWhere Trump is likely getting his $1.98 gas price figurePresident Donald Trump has falsely claimed that gasoline prices have fallen below $2 per gallon, in his push to convince the Federal Reserve to lower …1 hour agoBuy stocks just when a recession is confirmed? Here’s why the risk can pay off. A rare contrarian stock-market buy signal with an impressive record may soon be triggered.

1 week ago | bloomberg.com | Matthew Burgess

An employee counts U.S. one-hundred dollar banknotes in Hong Kong. Photographer: Paul Yeung/Bloomberg(Bloomberg) -- Hong Kong authorities further intervened in the market, stepping up purchases of US dollars to defend the foreign exchange peg after the city’s currency again tested the upper end of its trading band. The Hong Kong Monetary Authority spent HK$9.5 billion ($1.23 billion) on the US currency, according to an alert sent on its Bloomberg page late Monday.

1 week ago | financialpost.com | Matthew Burgess

Advertisement 1Australia’s shares and currency may post a relief rally on expectations of policy continuity under Prime Minister Anthony Albanese after his re-election for a second term. Article content(Bloomberg) — Australia’s shares and currency may post a relief rally on expectations of policy continuity under Prime Minister Anthony Albanese after his re-election for a second term. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.