Latest forex news and market analysis
A senior US Treasury official commended Japan's economic strategies during the G20 meetings, emphasizing global growth concerns.
Analysts at TD Securities maintain a bearish outlook on the US Dollar, citing Federal Reserve policy risks and potential election scenarios.
The US Dollar has navigated a challenging year, contending with Federal Reserve policy, persistent inflation, and geopolitical uncertainty.
US construction outlays decreased by 0.5% in July, missing forecasts, primarily due to a notable decline in private residential projects.
The ISM Manufacturing PMI for August registered 54.6, falling short of expectations and indicating a slowdown from July's figures.
The S&P Global US Manufacturing PMI for August registered 53.9, indicating continued sector expansion despite persistent supply chain challe
Federal Reserve Governor Michael Barr indicated that a rate hike could be necessary if inflation does not moderate in the near term.
India's robust Q1 FY2026-27 GDP growth of 7.8% is expected to drive Indian Rupee (INR) yields higher, according to MUFG analysis.
The Japanese Yen's recent depreciation is influenced by domestic policy preferences and international calls for Bank of Japan adjustments.
Government bond yields across major economies have continued an upward trend, driven by ongoing worries about inflation.
Preliminary data shows Euro area annual inflation reached 3.3% in August, primarily due to a significant increase in energy prices.
Spain's 12-month letras auction saw a notable increase in the average yield, reflecting evolving market dynamics.
Spain's 6-month Treasury bill auction saw its average yield increase to 2.623%, continuing a trend of rising borrowing costs.
The U.S. Dollar has not maintained its recent gains, with market participants closely monitoring long-dated Treasury yields and potential in
UK mortgage approvals declined in July, signaling a cooling housing market, while consumer credit borrowing sustained a modest increase.
The USD/JPY currency pair is approaching the 160.00 level once more, driven by a global surge in bond yields.
China's private manufacturing PMI for August improved to 51.5, surpassing expectations and indicating an expansion in factory activity.
A notable EUR/USD options expiry at 1.1600 could introduce specific dynamics for traders on Friday, potentially limiting price movements.
US Treasury officials suggest Japan's monetary and fiscal policies should align with efforts to stabilize the yen after recent market interv
The New Zealand Dollar saw limited uplift from robust Chinese manufacturing figures, extending recent depreciation against the US Dollar.
Japanese and US financial officials reiterated their commitment to stable currency markets, underscoring potential for coordinated action.
Japanese Finance Minister Satsuki Katayama and US Treasury Secretary Scott Bessent reportedly agreed on the necessity of ongoing, coordinate
The Australian Dollar maintained its upward momentum against the US Dollar after robust manufacturing data from China.
Japanese capital expenditure in the second quarter grew significantly more than anticipated, indicating robust business investment.