McKinsey lays off employees

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Wall Street Journal has reported that the consulting firm McKinsey is set to reform its business in China and fire nearly 500 employees.
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Mon, 21 Oct 2024 12:30:07 GMT

Investors short Asian currencies

Due to the persevering strength of the US Dollar, investors have continued to short Asian currencies, as reported by Reuters.

Mon, 21 Oct 2024 06:30:04 GMT

Australian labour market continues to surprise

For a sixth month in a row, the Australian employment market has continued to surpass analyst forecasts, as the employment rate remains steady. The most recent government data publication caused a rebound of the value of the Australian Dollar.

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