The depreciation of Asian currencies against the U.S. dollar, and the steps monetary authorities may take to prevent further weakness, dominate the market...
A passerby is reflected on an electric monitor displaying the graph of recent moments of the Japanese yen exchange rate against the U.S. dollar in TokyoThe depreciation of Asian currencies against the U.S. dollar, and the steps monetary authorities may take to prevent further weakness, dominate the market landscape across Asia on Thursday as the Bank of Japan gets its two-day policy meeting underway.
Unease around currencies is deepening after the dollar on Wednesday smashed through 155.00 yen with no sign of Japanese authorities to slow or reverse the yen's fall. Will Tokyo act? Will MOF instruct the BOJ to wade into the FX market and buy yen just as the central bank starts its two-day policy meeting?
India's central bank has intervened regularly recently to support the rupee and Bank of Thailand officials said on Wednesday the BOT intervened to ease excessive moves in the baht. Are you looking for a super dividend stock to buy now and generate a whopping passive-income stream? Here's an option that's too good to ignore. The post Buy 3,000 Shares of This Super Dividend Stock For $3,300/Year in Passive Income appeared first on The Motley Fool Canada.These three Canadian stocks are highly reliable and have tremendous long-term growth potential, making them some of the best to buy now.
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