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.
197 total articles
UBS has projected that the EUR/USD exchange rate will approach 1.20 during the first half of 2024, highlighting ongoing volatility in the U.S. dollar. Key influences identified include an active Department of Justice probe involving Federal Reserve Chair Jerome Powell, decelerating disinflation, and a weakening U.S. labor market. These elements con…
Bank of America has advised a bearish stance on the NZD/USD currency pair, attributable to near-term strength in the U.S. dollar bolstered by stable economic data and fiscal stimulus expectations, alongside an anticipated rate cut by the Reserve Bank of New Zealand (RBNZ) that may weigh on the New Zealand dollar despite signs of economic stabilizat…
Bank of America has issued a sell recommendation on the NZD/USD currency pair, highlighting short-term support for the U.S. dollar despite a generally bearish stance on the greenback for 2024. The bank emphasizes stable U.S. economic indicators and upcoming fiscal stimulus as factors reinforcing USD resilience. Concurrently, forecasts of subdued in…
Bank of America projects downward pressure on the NZD/USD currency pair due to expected near-term US dollar gains driven by stable economic data and anticipated monetary policy shifts. While maintaining a generally bearish stance on the US dollar for 2024, the bank highlights the dollar's recent strength ahead of a Federal Reserve leadership transi…
Bank of America has recommended selling the New Zealand dollar against the US dollar based on expectations of short-term US dollar strength and an impending rate cut from the Reserve Bank of New Zealand (RBNZ). While the bank maintains a bearish outlook on the US dollar for 2024, near-term data and fiscal stimulus measures are supporting the dollar…
The U.S. dollar experienced a slight dip on Friday but is on track to secure a third consecutive weekly gain, driven by stronger-than-anticipated economic data. Key metrics, notably a decrease in initial jobless claims, have shifted market expectations away from imminent Federal Reserve interest rate reductions. Meanwhile, the euro and yen showed m…
The U.S. dollar experienced a slight decline on Friday yet is positioned to complete a third consecutive week of gains. This momentum follows robust economic figures, including a notable drop in jobless claims, which have tempered expectations for early Federal Reserve interest rate reductions. Meanwhile, European currencies and the Japanese yen sh…
The U.S. dollar eased slightly on Friday but was on track to record a third week of gains following stronger-than-forecast economic reports that dampened expectations for imminent interest rate reductions by the Federal Reserve. Key data points, including a notable drop in jobless claims and steady retail sales, reinforced confidence in the stabili…
The U.S. dollar experienced a slight dip on Friday but was on track to post its third consecutive weekly gain, buoyed by stronger-than-anticipated economic data that diminished market expectations of imminent Federal Reserve interest rate reductions. Key metrics, particularly employment figures, signaled ongoing economic resilience, influencing cur…
South Korea's commitment to invest $350 billion into strategic U.S. sectors as part of a recent trade agreement is not expected to commence in the first half of 2026. Finance Minister Koo Yun-cheol highlighted the initial phases of implementation will be limited, which may moderate short-term dollar outflows amid a weakening won. With the South Kor…
South Korea's commitment to invest $350 billion in key U.S. sectors, agreed under a recent trade deal, is expected to see little movement during the first half of 2026 due to procedural timelines and currency market conditions. The Finance Minister reassured that the won's depreciation would not lead to substantial capital outflows in the near term…
South Korea's extensive $350 billion investment initiative in strategic U.S. industries, agreed upon within a recent trade arrangement, is anticipated to commence after the first half of 2026. Finance Minister Koo Yun-cheol highlighted process complexities and currency depreciation pressures as key factors delaying the rollout. The government aims …
South Korea's promised $350 billion investment in strategic U.S. industries, part of a bilateral trade agreement, is not expected to commence within the first half of 2026. Finance Minister Koo Yun-cheol indicated slower initial outflows due to required procedural steps and expressed concerns over the weakening won's impact on currency stability. T…
South Korea’s commitment to invest $350 billion in strategic U.S. industries under a bilateral trade agreement is expected to begin later than the first half of 2026, according to Finance Minister Koo Yun-cheol. Escalating depreciation pressures on the South Korean won and pending U.S. tariff rulings contribute to cautious outlooks for immediate ou…
Asian currencies showed limited movement on Friday as the U.S. dollar remained steady near a six-week high, bolstered by robust U.S. economic data that diminished expectations for imminent Federal Reserve rate reductions. The yen recovered modestly following government warnings against sharp depreciation, while other regional currencies exhibited m…
Asian currencies exhibited limited movement on Friday, with the US dollar maintaining strength close to a six-week high following robust US economic indicators. Data reflecting a strong labor market has encouraged markets to delay anticipation of Federal Reserve rate reductions. Meanwhile, the Japanese yen stabilized after policy makers issued warn…
Most Asian currencies remained range-bound Friday as the U.S. dollar sustained its position close to a six-week peak. Robust U.S. labor data diminished hopes for imminent Federal Reserve interest rate reductions. The Japanese yen rebounded modestly following government warnings against rapid depreciation, while other Asian currencies showed margina…
Asian currencies mostly traded within narrow bands as strong U.S. labor market data strengthen expectations that the Federal Reserve will maintain current interest rates for the near term. The U.S. dollar remains close to a six-week high, while the Japanese yen steadies slightly after government intervention to prevent further decline. Other major …
Asian currencies mostly traded within limited ranges, supported by steady U.S. dollar levels as recent U.S. labor market data and Federal Reserve officials' comments suggest a pause in interest rate reductions. The Japanese yen marginally rebounded following government intervention, while other Asian currencies showed mixed but generally stable per…
Bank of America projects a rebound for the Korean won against the U.S. dollar by the end of 2026, with a forecasted rate of 1,395 USD/KRW, despite present depreciation pressures. The forecast underscores ongoing outflows driven by retail investors holding significant U.S. tech stocks, prompting Korean government interventions such as capital gains …
Bank of America anticipates a strengthening of the Korean won against the U.S. dollar by the end of 2026, projecting a USD/KRW rate of 1,395. Current depreciation pressures remain, fueled mainly by significant outflows from retail investors. The Korean government's recent capital gains tax reduction on foreign equities aims to alleviate these outfl…
Bank of America projects the Korean won will regain strength against the U.S. dollar by the end of 2026, anticipating a USD/KRW exchange rate of 1,395 despite ongoing depreciation pressures. The bank identifies retail investor outflows as the primary cause of weakness and highlights recent government tax reforms aimed at mitigating capital flight. …
Bank of America anticipates an appreciation of the Korean won against the U.S. dollar by the end of 2026, forecasting a USD/KRW exchange rate of 1,395. Despite current depreciation pressures driven largely by significant retail investor outflows, recent government policy adjustments, including a capital gains tax reduction on foreign equity sales, …
Bank of America projects the Korean won will gain strength against the U.S. dollar by the end of 2026, forecasting a USD/KRW exchange rate of 1,395. This outlook emerges despite ongoing downward momentum for the currency and recent government interventions aimed at curbing portfolio outflows. The bank highlights sustained large-scale sell-offs by r…
The U.S. dollar rebounded modestly after a challenging start to the week, buoyed by encouraging economic signals and federal policymakers' comments indicating a reduced likelihood of immediate rate cuts. Simultaneously, the British pound inched higher, supported by November economic growth surpassing expectations. Conversely, the euro slipped amid …
