USD/JPY Plunges on Suspected BOJ Intervention; US-Iran Deal Hopes Weigh on Dollar
The Japanese yen surged sharply against the US dollar on Tuesday, with the USD/JPY pair falling below the 152.00 level for the first
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Forex News
Carry Trade Alert: BNY Warns of Growing Profit-Taking Risk in Second Half
Bank of New York Mellon (BNY) has issued a cautious outlook for carry trade strategies in the second half of 2025, warning that
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Colombian peso falls 2.5% as market anticipates government dollar buying intervention
The Colombian peso weakened sharply on Tuesday, losing 2.5% of its value against the US dollar, as traders reacted to growing speculation that
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Brazil’s Central Bank Intervenes in Dollar Futures Market for First Time in a Decade
In a significant shift in monetary policy strategy, Brazil’s central bank has entered the dollar futures market for the first time in ten
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Weak Eurozone PMI Data Heightens Stagflation Concerns, BNY Warns
New data showing a further contraction in Eurozone business activity has reinforced fears of a stagflationary environment, according to a note from BNY
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EUR/GBP Holds Steady as Markets Digest UK Political Uncertainty and US-Iran Talks
The EUR/GBP currency pair has stabilized in recent trading sessions, as market participants carefully assess a combination of domestic political risks in the
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Standard Chartered: Assessing the Prospects of a Managed US-China Trade Truce
Analysts at Standard Chartered have released a note examining the potential for a managed trade truce between the United States and China, offering
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Fed’s Goolsbee Warns Productivity Impact on Inflation and Rates Is Uncertain
Federal Reserve Bank of Chicago President Austan Goolsbee on Tuesday offered a nuanced view on the relationship between productivity gains and monetary policy,
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South Korea’s Gradual CPI Rise Keeps Bank of Korea Cautious, Says ING
South Korea’s consumer price index (CPI) is rising at a gradual but persistent pace, reinforcing a cautious stance from the Bank of Korea
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DXY Faces Asymmetric Downside Risk Ahead of US Payrolls: TD Securities
TD Securities has issued a tactical note to clients warning that the US Dollar Index (DXY) faces asymmetric downside risk heading into the