Forex News
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69Yen Weakens as Weak GDP Data and Rising JGB Yields Cloud BOJ Policy Outlook – BNY
Weak Japanese gross domestic product (GDP) data and rising Japanese government bond (JGB) yields are eroding confidence in the Bank of Japan’s...
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64Yen Retreats Below 159.00 as Japan’s GDP Miss Clouds BOJ Rate Path
The Japanese Yen slipped back above the 159.00 mark against the US Dollar during Wednesday’s European trading session, erasing earlier marginal gains...
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65PBOC Sets Yuan Reference Rate at 6.7894, Signaling Cautious Stance
The People’s Bank of China (PBOC) set the USD/CNY central parity rate at 6.7894 on [Date], a marginal weakening from the previous...
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66Dollar Index Rebounds Above 100.00 After Hitting Lowest Level Since June 17
The US Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, has rebounded to trade back above...
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66Euro Set for Gains as Dollar Rally Loses Steam, ING Says
Strategists at ING believe the Euro is more likely to strengthen than weaken in the coming sessions, citing a significant repositioning in...
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72WTI Oil Holds Above $83 as Traders Brace for OPEC+ Output Decision
West Texas Intermediate (WTI) crude oil climbed back above $83 per barrel on Tuesday, recovering ground as traders positioned ahead of the...
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74Japan’s Mimura Warns Forex Markets: ‘Prepared to Take Suitable Measures’ on Yen Weakness
Japan’s top currency diplomat, Atsushi Mimura, issued a fresh warning to forex markets on Wednesday, stating that authorities are “always prepared to...
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72EUR/JPY Holds Above 185.00 as BoJ Maintains Ultra-Loose Policy
The euro strengthened against the Japanese yen on Friday, pushing the EUR/JPY cross to a fresh multi-year high above 185.00 after the...
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671.1560: Why the Euro’s Recovery Is Stalling at a Key Technical Wall
The euro’s rebound from its mid-June lows against the US dollar has run directly into a formidable technical barrier at the 1.1560...
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58Singapore’s Fiscal and FX Coordination: What DBS Analysis Reveals About MAS Strategy
DBS Group Research has published an analysis examining how Singapore coordinates its fiscal and foreign exchange (FX) policies, a strategy that sets...
