Japan Reiterates Readiness for Currency Intervention
Japanese authorities confirm their preparedness to intervene in the currency markets if necessary, as stated by a top finance official.
Latest forex news and market analysis
Japanese authorities confirm their preparedness to intervene in the currency markets if necessary, as stated by a top finance official.
China's central bank established the yuan's daily reference rate at 6.7909 against the dollar, alongside a significant liquidity injection.
Foreign investment in Japanese stocks surged to ¥745.6 billion in the week ending July 10, reversing a prior outflow.
The Singapore Dollar demonstrated resilience against a broadly weaker US Dollar, maintaining a tight trading range supported by robust econo
US forces conducted additional strikes targeting Houthi sites in Yemen, aiming to safeguard international shipping lanes.
A recent survey indicates that most Japanese companies now view the yen's depreciation as detrimental to their earnings, a notable shift fro
US stock markets closed higher as cooler-than-anticipated inflation figures bolstered expectations for Federal Reserve rate reductions.
Thursday's Asian economic calendar is light, with attention likely to center on remarks from a US Federal Reserve official.
The Singapore Dollar is expected to maintain a tight trading range against the US Dollar, according to UOB analysts, even after recent US in
China's second-quarter GDP growth of 4.3% fell short of official targets, signaling potential for further economic policy adjustments.
Iranian Parliamentary Speaker Mohammad Bagher Qalibaf stressed national readiness and diplomatic engagement to protect the country's interes
The Euro advanced against the US Dollar on Wednesday, trading near 1.1450, following weaker-than-anticipated US Producer Price Index figures
The EURUSD pair advanced towards a notable resistance level as recent US inflation data dampened expectations for further Federal Reserve ra
Federal Reserve Governor Lisa Cook emphasized a cautious approach to inflation, suggesting it's wise to await further data before policy adj
Major US stock benchmarks gave back initial advances, entering negative territory despite better-than-expected Producer Price Index figures.
The Dow Jones Industrial Average experienced significant intraday swings Wednesday, initially reacting to disinflation hopes before a late-d
The Japanese Yen registered slight gains against the US Dollar today, though it continues to trade near levels not seen in decades.
Shabana Mahmood is anticipated to become the next UK Chancellor, a development largely viewed positively by financial markets.
Federal Reserve Chair Kevin Warsh indicated that recent price changes may not fully reflect long-term inflation trends during Senate testimo
Japanese economic policy and recent data are drawing attention, with a senior official emphasizing the need for robust growth.
Fed Chair Warsh testified before the Senate Banking Committee, reiterating views on inflation, AI's economic impact, and wage growth.
The Canadian Dollar remained largely unchanged against the US Dollar following the Bank of Canada's recent monetary policy announcement.
The British Pound reversed earlier gains against the US Dollar on Wednesday, dropping below the 1.3400 level to trade negatively for the day
Mortgage application volume in the United States decreased for the week ending July 5, marking a continued downward trend.