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Friday, March 3, 2023

Fundamental: Asian FX gains on weaker US dollar, China growth optimism

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Alert Alert Mar 3, 2023, 2:35pm
 
Fundamental: Asian FX gains on weaker US dollar, China growth optimism
Most Asian stocks and currencies rose on Friday against a softer US dollar, as strong economic data from China underpinned expectations that Beijing will set an ambitious 2023 growth target at its annual parliament meeting this weekend. Equities in Mumbai jumped 1.5% to lead gains in the region. Stocks in Manila climbed 0.8%, although they were bound for a ...
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