Foreign exchange markets and global currency movements.
Coverage of currency markets including major pairs, central bank actions, interest-rate differentials, and geopolitical influences. This section highlights trends in FX markets that impact global trade, inflation, and cross-asset correlations.
698 total articles
Bank of America Securities says the U.S. dollar has reasserted its role as the preferred safe-haven currency during the recent Middle East tensions that have disrupted oil markets. The bank cites the United States' energy self-sufficiency and option-market signals showing a shift toward dollar demand, while noting the Canadian dollar also typically…
Analysts warn that the escalation of the conflict involving Iran and a consequent rise in oil prices could create strains across emerging markets that extend beyond inflationary effects to include wider current account deteriorations, currency weakness and heightened capital outflows. Brokerages project Brent could top $100 if the conflict persists…
The U.S. dollar strengthened further on Tuesday as widening conflict across the Middle East renewed safe-haven demand for the greenback. The Dollar Index rose to its highest level since January, while the euro, sterling and commodity-linked currencies weakened amid a jump in energy prices and signs that central banks and governments may intervene t…
Asian currencies largely weakened on Tuesday as an intensifying Middle East conflict and higher energy prices bolstered demand for the U.S. dollar. The U.S. Dollar Index held near a five-week peak after overnight gains, while the South Korean won and Indian rupee were among the biggest decliners amid concerns about widening regional instability and…
Bank of America expects a broad-based rally in the U.S. dollar following the latest escalation in the Middle East and identifies the New Zealand dollar (NZD) as its preferred short in that scenario. Strategists point to New Zealand's growing reliance on imported fuels and an outsized sensitivity of NZD to risk assets, arguing these structural and e…
The U.S. dollar strengthened to a five-week peak as military strikes by the United States and Israel on Iran and retaliatory blasts across the region heightened demand for safe assets. The Dollar Index rose 0.6% to 98.187 at 04:45 ET (09:45 GMT). Major currencies including the euro, sterling and the Australian dollar weakened, while the Swiss franc…
Asian foreign-exchange markets weakened sharply in the session following major U.S. and Israeli strikes on Iran, which produced a surge in oil prices and prompted investors to seek shelter in safe-haven assets. The South Korean won led regional losses amid concerns over the economy's exposure to imported energy, while other Asian currencies broadly…
Global markets moved toward safe-haven assets after the U.S. and Israeli strikes that killed Iran’s supreme leader, Ayatollah Ali Khamenei. The dollar rose, the euro weakened, and the Swiss franc strengthened, while oil surged as seaborne trade was disrupted. Regional retaliatory strikes and shifting shipping patterns added to uncertainty for energ…
Analysts say the U.S. dollar is poised to receive near-term support following a new and broader round of U.S. and Israeli strikes against Iran. Higher energy prices and elevated risk aversion are cited as immediate drivers, though experts caution that the persistence of dollar strength will hinge on wider macroeconomic conditions and evolving inves…
EUR/USD has been rangebound after touching the 1.20 level. UBS, in a note dated February 26, says risks for the pair are balanced around that mark and has moved both the euro and the dollar to a Neutral stance after a strong rally in 2026. The bank favors select high-yielding currencies and warns that both cyclical US strength and structural headwi…
JPMorgan's research team said it is closing a long position in the offshore Chinese yuan after the People’s Bank of China cut the required risk reserves on FX forwards to zero from 20%, effective March 2. The measure followed a recent surge in the offshore yuan and prompted immediate weakening in CNH versus the dollar. Despite the tactical exit, JP…
The British pound weakened in reaction to the Green Party's by-election victory in Gorton and Denton, a seat previously held by Labour. Markets are treating the result as a development that could complicate Prime Minister Keir Starmer's position, and analysts point to political and fiscal uncertainty - along with potential dovish Bank of England pr…
The U.S. dollar ticked slightly lower on Friday but remained positioned to record monthly gains, supported by rising geopolitical concerns in the Middle East and a firmer tone from Federal Reserve officials. Currency pairs from the euro to the yen moved in response to central bank expectations, domestic data and political developments across major …
Most Asian currencies weakened on the latest trading day as investors digested uneven interest-rate prospects for the region. The Australian dollar is on track for notable monthly gains supported by a hawkish Reserve Bank outlook, while the Japanese yen slipped after soft Tokyo inflation data and political stimulus concerns. The Chinese yuan eased …
Bank of America Securities continues to expect EUR/USD to move higher beginning in the second quarter, arguing that the most significant upside will materialise after the peak U.S. tax-refund period and when Germany's fiscal impulse becomes clearer in macro readings. Current market behaviour and flow indicators, however, do not yet show broad struc…
The U.S. dollar eased modestly on Wednesday as investors awaited Nvidia's quarterly results, while the euro and several other currencies inched higher on mixed regional data and comments from policymakers. Market focus is split between corporate earnings, U.S. trade policy developments, and central bank signals across Europe, Japan and Australia.
Most Asian currencies advanced modestly as traders evaluated the implications of newly implemented U.S. tariffs, with the Australian dollar jumping after domestic inflation data increased expectations for a Reserve Bank of Australia rate rise. The U.S. Dollar Index slipped in Asian trading while several regional pairs saw the dollar weaken.
Bank of America identifies four structural forces underpinning a bullish outlook for South Korea and the Korean won in 2026: a powerful memory-chip upcycle driving record trade surpluses and corporate FX deposits, a more hawkish Bank of Korea with limited scope for rate cuts, government measures to reduce net dollar demand and attract inflows, and …
The British pound slipped marginally on Tuesday as four Bank of England rate setters readied themselves for parliamentary testimony. Traders were watching for any signals that could affect the probability of a 25 basis point rate cut in March, with markets currently pricing an 80% chance. Comments from Governor Andrew Bailey were flagged as potenti…
The U.S. dollar ticked up modestly on Tuesday, reversing some of Monday’s decline as uncertainty around the administration’s revised tariff approach reverberated through markets. The Dollar Index rose slightly, while EUR/USD traded in a narrow range after comments from the European Central Bank president. Risk around global trade policy, mixed U.S.…
Most Asian currencies held within tight bands on Tuesday while the U.S. dollar showed renewed firmness as investors digested a U.S. announcement of a 15% global tariff and assessed its potential effects on trade and demand. The U.S. Dollar Index and its futures gained about 0.2% during Asian hours. Regional pairs showed modest moves, with the yen w…
ING says the US dollar has lost a portion of its safe-haven appeal since 2024, while overall demand for the currency has not broadly deteriorated. The dollar index fell almost 10% last year in its weakest annual showing since 2017. ING highlights cyclical drivers of recent weakness, continued holdings by private investors, and no current signs of a…
Morgan Stanley analysts say the Swiss franc is the most consistently reliable safe-haven across different types of market shocks and is likely to strengthen more than markets currently price. The bank highlights the franc's advantages on inflation, fiscal soundness and investor protections, and flags a more tolerant stance from the Swiss National B…
The British pound was trading with modest strength as the week began, with market attention focused on testimony to a parliamentary committee by Bank of England Governor Andrew Bailey and external member Megan Greene, and a by-election in Gorton and Denton. Traders are watching for any signals that could alter the priced likelihood of a March rate …
The U.S. dollar eased on Monday as renewed uncertainty over U.S. trade tariffs coincided with geopolitical tensions in the Middle East. The Dollar Index fell 0.3% to 97.487 after a recent weekly advance, while the euro and sterling ticked higher against the dollar. Market participants are parsing legal questions around new U.S. tariffs, their poten…
