TOKYO : The Australian dollar jumped and the safe-haven yen eased slightly on Wednesday after struggling Chinese property giant Evergrande said it would make an upcoming bond coupon, allaying immediate fears about a messy corporate collapse.
Investors are still nervous about the fate of Evergrande, which missed interest payments due Monday to at least two of its largest bank creditors, Bloomberg reported. The Chinese yuan was fairly stable, firming slightly to 6.4748 per dollar in the offshore trade, edging back from one-month low of 6.4878 set on Monday.
The so-called"dot plot", which charts policymakers economic and rates projections, could offer clues on when the Fed will hike interest rates from the current near zero level.
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