Japanese Yen Intervention Risk Stays Elevated, MUFG Warns
MUFG Bank has issued a fresh warning that the risk of Japanese authorities intervening in the foreign exchange market to support the yen
Forex News
Forex News
US CPI Inflation Rises to 3.8% in April, Topping Forecasts and Reshaping Rate Cut Expectations
The U.S. Bureau of Labor Statistics reported Wednesday that the Consumer Price Index (CPI) rose to an annual rate of 3.8% in April,
Forex News
Euro Stays Below 1.1750 as Markets Brace for US CPI Release
The euro remained under pressure on Tuesday, trading just below the 1.1750 mark against the U.S. dollar, as currency markets adopted a cautious
Forex News
Rising Oil Prices Test India’s Forex Defence: BNY Analysis
The Indian rupee is facing renewed pressure as global crude oil prices climb, prompting a strategic reassessment of the country’s foreign exchange defence
Forex News
Sterling Slides as Political Pressure on Starmer Intensifies Ahead of CPI Data
The British pound weakened against major currencies on Tuesday, extending its recent decline as political pressure mounted on UK Prime Minister Keir Starmer.
Forex News
U.S. Dollar Rallies as Middle East Tensions Drive Safe-Haven Rush
The U.S. dollar strengthened broadly on Tuesday, extending its recent gains as escalating military confrontations in the Middle East prompted investors to seek
Forex News
British Pound vs Euro: Political Risk Premium Builds Against Euro, Says ING
Analysts at ING have warned that a political risk premium is building against the euro relative to the British pound, as ongoing fiscal
Forex News
Canadian Dollar Slides as Risk Aversion Grips Markets Ahead of US CPI Report
The Canadian dollar weakened against its US counterpart on Tuesday, extending recent losses as risk-off sentiment dominated global financial markets. Traders moved toward
Forex News
USD/JPY Technical Outlook: Potential Advance Toward 20-Day EMA as Dollar Holds Firm
The USD/JPY pair is showing signs of extending its recent advance, with technical indicators pointing toward a potential test of the 20-day Exponential
Forex News
US Dollar Holds Range-Bound Gains as CPI Data Runs Hot: BBH
The US Dollar has managed to hold onto recent gains, but further upside remains capped as the latest Consumer Price Index (CPI) data
