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
The US dollar strengthened modestly Thursday, rebounding from earlier weekly losses as prospects for Federal Reserve interest rate cuts diminished. Economic indicators from the US showed elevated producer prices and retail sales, reinforcing dollar demand. Meanwhile, the euro slipped following diplomatic disagreements involving the US and Greenland…
The U.S. dollar demonstrated modest gains, reversing earlier losses as market expectations for Federal Reserve rate reductions diminished. Economic data revealing stronger producer prices and retail sales supported the currency's advance. Conversely, the euro faced pressure after diplomatic tensions surfaced concerning Greenland. Meanwhile, the Bri…
The U.S. dollar has steadily regained strength after a volatile start earlier in the week, with expectations of Federal Reserve rate cuts diminishing due to resilient economic data. Retail sales and producer price increases in the United States bolstered the currency, while European and Asian currencies exhibited varied movements driven by geopolit…
The U.S. dollar demonstrated a modest increase on Thursday, recovering from earlier losses influenced by political tension and monetary policy concerns. Strong U.S. economic data and signals from the Federal Reserve suggesting a reduced likelihood of rate cuts supported the dollar’s rebound. In Europe, the euro saw minor declines linked to diplomat…
The British pound is predicted to decline further against the euro, even as recent UK economic indicators show improvement. Enhanced GDP figures and a more optimistic housing market have been reported, but currency analysts see potential for continued sterling weakness amid market positioning and upcoming inflation data.
Despite encouraging data from the UK showing growth in GDP, industrial production, and housing market confidence, the British pound is expected to experience additional downward adjustment against the euro. Analysts highlight ongoing market underweight positions in sterling and upcoming inflation data as factors that could drive further currency mo…
Despite encouraging economic data from the UK, the British pound is expected to experience further downward adjustment against the euro. Positive indicators in GDP growth, industrial production, and housing market optimism contrast with market positioning that favors additional sterling weakness. ING analysts highlight the likelihood of continued p…
Recent UK economic data reveals unexpected strength in GDP and industrial production, accompanied by improving sentiment in the housing market. However, sustained underweight positioning by asset managers suggests ongoing vulnerability for the British pound against the euro. ING forecasts a continuation of the sterling correction with further depre…
The UK economy showed encouraging signs with November GDP and industrial output surpassing expectations, alongside a more upbeat housing market. Despite these positives, the British pound remains under pressure against the euro, with analysts forecasting further depreciation and earlier-than-expected monetary policy easing by the Bank of England.
Asian currency markets exhibited relative stability on Thursday, with the Japanese yen hovering near its lowest level in 18 months due to concerns over a possible snap election. Meanwhile, the South Korean won retreated after a temporary gain triggered by supportive remarks from U.S. Treasury Secretary Scott Bessent. The U.S. dollar index remained …
Asian currency markets showed limited movement with the Japanese yen nearing its lowest level in 18 months due to speculation of a snap election and debates over fiscal policies. The South Korean won experienced a reversal of earlier gains after comments from U.S. Treasury Secretary Scott Bessent, while other regional currencies remained relatively…
Asian currency markets exhibited limited movement Thursday, with the Japanese yen hovering near its lowest in a year and a half amid speculation over a potential snap election. Meanwhile, the South Korean won gave back some of its recent gains following U.S. Treasury remarks supporting the currency. The U.S. dollar remained steady near recent highs…
Asian currencies exhibited limited movement, with the Japanese yen approaching its lowest point in 18 months amid snap election speculation, and the South Korean won reversing recent gains after U.S. Treasury Secretary Scott Bessent highlighted a disconnect between the currency's depreciation and economic fundamentals. Meanwhile, the U.S. dollar in…
Asian currencies showed little overall movement on Thursday, with the Japanese yen holding close to 18-month lows amid speculation of a snap election and proposed fiscal expansion in Japan. The South Korean won reversed recent gains following supportive remarks by U.S. Treasury Secretary Scott Bessent, while other regional currencies remained relat…
The Japanese yen has experienced significant depreciation against the U.S. dollar in 2024, reaching an 18-month low. Societe Generale analysts challenge the assumption that this decline will continue unabated, pointing to shifts in market sentiment and fiscal policy developments that could indicate a potential reversal or trading opportunity.
The Japanese yen has weakened to an 18-month low against the U.S. dollar amid concerns over fiscal and monetary policy shifts in Japan. Societe Generale casts doubt on whether the yen’s depreciation has peaked, urging investors to consider cautious approaches amid political uncertainties and yield volatility.
The Japanese yen, having weakened to an 18-month low against the U.S. dollar, faces scrutiny from Societe Generale regarding whether its depreciation has reached its final phase. Discussions center around potential shifts in fiscal policy and parliamentary schedules influenced by political developments in Japan, suggesting that current currency mov…
The Japanese yen has recently weakened to an 18-month low against the US dollar, with USD/JPY retreating from a one-year peak amid concerns over Japan's fiscal policy and forthcoming elections. Societe Generale highlights that this decline could be near its end, urging caution for traders confident in further currency depreciation.
The Japanese yen has experienced significant depreciation against the US dollar in early 2024, reaching the lowest point in 18 months. Societe Generale analysts question whether this trend has peaked, highlighting political and fiscal uncertainties influencing the currency's trajectory. Despite recent highs in USD/JPY exchange rate, conditions may …
U.S. Treasury Secretary Scott Bessent addressed the downturn of the Korean won, asserting it deviates from South Korea's solid economic fundamentals. After discussions with South Korean Finance Minister Koo Yun-cheol concerning currency volatility and bilateral economic cooperation, the won reversed a series of losses, reflecting improved investor …
U.S. Treasury Secretary Scott Bessent emphasized that the recent depreciation of the South Korean won is inconsistent with the nation’s strong economic fundamentals. In discussions with South Korean Finance Minister Koo Yun-cheol, Bessent expressed concerns over excessive fluctuations in the foreign exchange market and reiterated the importance of …
US Treasury Secretary Scott Bessent recently voiced concerns regarding the depreciation of the South Korean won, stating it does not align with the country's robust economic fundamentals. Discussions with South Korean Finance Minister Koo Yun-cheol focused on exchange rate volatility, economic collaboration, and ongoing trade agreements aimed at st…
U.S. Treasury Secretary Scott Bessent addressed the recent decline in the Korean won, emphasizing that its depreciation does not align with South Korea's robust economic fundamentals. Following discussions with South Korean Finance Minister Koo Yun-cheol, Bessent reiterated the importance of stable foreign exchange markets and the strong bilateral …
U.S. Treasury Secretary Scott Bessent expressed concerns over the Korean won's recent depreciation, stating it does not align with South Korea's strong economic fundamentals. In discussions with South Korean Finance Minister Koo Yun-cheol, they addressed foreign exchange market volatility and emphasized strengthening bilateral economic ties, follow…
The Japanese yen declined following Prime Minister Sanae Takaichi’s announcement of a snap election planned for next month. Market participants interpret this political maneuver as likely to promote looser monetary and fiscal policies, thereby undermining the currency. While the yen initially dropped sharply, cautious trading and speculation of pot…
