#forex
articles
Dollar Holds at 99.88 as Markets Await US CPI, Yen Slips to 159.41 Despite Intervention
Forex markets are frozen around a steady dollar index as traders wait for Wednesday's US CPI. The yen is the weak except...
Dollar Steadies Below 100 as Traders Await US Inflation Test
Foreign exchange markets are in a deceptive calm before Wednesday’s US CPI release, with the yen at a monthly low despit...
Goldman: Japan's $1 Trillion Dollar Reserve Buffer Can Fund More Yen Intervention
Goldman Sachs strategists say Japan's cash reserves and access to a Fed repo facility leave room for repeated yen-buying...
US and Japan Mount First Joint Yen Intervention Since 1998, Targeting EUR/JPY Cross
In a historic move, the US Treasury and Japan's Ministry of Finance jointly intervened in currency markets via the euro/...
Treasuries, Not Friendship: Ex-BOJ Official on the US-Japan Yen Intervention
The US joined Japan's yen rescue to shield its own bond market, not as a favor, former BOJ policy board member Sayuri Sh...
Marketscreener's Converter: Real-Time Rates and History for GBP/USD
Marketscreener's online converter covers more than 150 currencies, including legacy units such as the French Franc, with...
Colombian Peso Surges 38% in Second-Biggest Revaluation This Century
Since late 2022, the Colombian peso has strengthened 38% against the dollar, driven by a weak greenback, high oil prices...
Alfa-Forex Forecasts Ruble at 80–82 vs Dollar Through August as Oil Drag Persists
The Russian ruble is set to extend July’s slide toward 80–82 per US dollar in August, pressured by lower oil revenues, r...
Gold Gains 1% in Turkey as US-Iran Tensions Ease, Lira Holds Steady
Turkish lira traded in a narrow band against major currencies while gold prices climbed, with gram gold up 1.12% to 6,23...
Rupee Surges to Three-Week High on RBI Intervention and Dollar Weakness
The Indian rupee rallied to 95.39 against the dollar, its strongest level in three weeks, as aggressive RBI dollar sales...
Dollar Plunges 2.39% Against Yen to 159.50, Largest Two-Day Slide Since April 2025
The U.S. dollar tumbled 2.39% against the Japanese yen on Wednesday, retreating sharply from a 52-week high hit just two...
Euro Breaches $1.15 for First Time in Six Weeks as Dollar Sinks on Yen Intervention Bets
The euro rallied past 1.15 US dollars, lifted by renewed risk appetite, stronger-than-expected eurozone growth and specu...
Dollar Slides as US Inflation Cools and GDP Misses; Yen Surges on Intervention Bets
The dollar fell broadly after weaker-than-expected US economic data pushed back rate hike expectations. The yen jumped 2...
Japanese Yen Surges 3% in Possible Intervention to Halt Slide Against Dollar
The yen rallied after hitting a 40-year low, with traders suspecting Japan stepped in to support its currency amid risin...
Dollar Edges Lower Ahead of Fed Decision, Yen Near 40-Year Low
The US dollar dipped slightly but held near one-month highs on Wednesday as markets braced for a Federal Reserve rate de...
Rupee Rebounds to 95.76 on RBI Intervention and Crude Dip, Markets Eye Fed
The Indian rupee opened at a two-week high of 95.76 against the dollar as RBI selling and falling oil prices triggered s...
SBI ERD Ups FCNR(B) Inflow Forecast to $70 Billion, Warns Rupee No Longer a Shock Absorber
India's largest lender raises its estimate for foreign currency deposits under an RBI scheme to $65-70 billion, but its ...
New Zealand Dollar Poised for Gains Versus Euro as Rate Gap Widens
Strategists at Macquarie, Westpac, and CIBC see the kiwi climbing as much as 3.2% against the euro in three months, driv...
Egyptian Pound Breaches 51 Again as Foreign Outflows and Geopolitical Tensions Weigh
The Egyptian pound surpassed 51 per dollar for the first time since the 2024 float, driven by $1.45 billion in foreign o...
BofA Sees Long-Term Sterling Upside, But Near-Term Consolidation and Political Risks Loom
Bank of America strategists maintain a bullish long-term view on the British pound, targeting EUR/GBP at 0.84, but warn ...