Asia Currencies Consolidate as Traders Assess Mideast Developments -- Market Talk
Dow Jones03-20 08:39
0039 GMT - Asian currencies consolidate against the dollar in early trade. Developments about the Middle East conflict "remain front and centre with no grounds for optimism regarding an early cessation of attacks on oil and gas infrastructure or a re-opening of the Strait of Hormuz," NAB's Ray Attrill says in commentary. Also, "central banks, most notably the Bank of England, are striking a more hawkish [tone] with regards to dealing with the inflation consequences of energy prices," the head of FX Strategy says. The dollar edges 0.1% higher to 157.90 yen and is little changed at 1,489.07 won, FactSet data show. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 19, 2026 20:39 ET (00:39 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
