The Australian dollar is poised to reverse its advance to a one-month high against the yen, trading patterns suggest, after the currency pair tracked a recovery in investor appetite for riskier assets.
Following is the text of the U.S. foreign exchange operations report.
The top foreign-exchange forecaster says the Japanese government’s current approach to reining in the yen by intervening in currency markets will fail.
China started direct trading between the yuan and New Zealand’s dollar today as the world’s second-largest economy promotes usage of its currency in global trade and finance.
Chandler Discusses Currenencies