Currencies

Foreign exchange markets and global currency movements.

Coverage of currency markets including major pairs, central bank actions, interest-rate differentials, and geopolitical influences. This section highlights trends in FX markets that impact global trade, inflation, and cross-asset correlations.

Articles

135 total articles

Societe Generale Questions Dollar-Yen Decline as Yen Dips to 18-Month Low

Societe Generale Questions Dollar-Yen Decline as Yen Dips to 18-Month Low

The Japanese yen has experienced significant depreciation against the U.S. dollar in 2024, reaching an 18-month low. Societe Generale analysts challenge the assumption that this decline will continue unabated, pointing to shifts in market sentiment and fiscal policy developments that could indicate a potential reversal or trading opportunity.

Societe Generale Highlights Potential Reversal in USD/JPY Downtrend

Societe Generale Highlights Potential Reversal in USD/JPY Downtrend

The Japanese yen, having weakened to an 18-month low against the U.S. dollar, faces scrutiny from Societe Generale regarding whether its depreciation has reached its final phase. Discussions center around potential shifts in fiscal policy and parliamentary schedules influenced by political developments in Japan, suggesting that current currency mov…

US Treasury Official Highlights Misalignment in Korean Won's Recent Decline

US Treasury Official Highlights Misalignment in Korean Won's Recent Decline

U.S. Treasury Secretary Scott Bessent addressed the downturn of the Korean won, asserting it deviates from South Korea's solid economic fundamentals. After discussions with South Korean Finance Minister Koo Yun-cheol concerning currency volatility and bilateral economic cooperation, the won reversed a series of losses, reflecting improved investor …

U.S. Treasury Chief Highlights Discrepancies in Won’s Recent Decline Relative to South Korea’s Economic Status

U.S. Treasury Chief Highlights Discrepancies in Won’s Recent Decline Relative to South Korea’s Economic Status

U.S. Treasury Secretary Scott Bessent emphasized that the recent depreciation of the South Korean won is inconsistent with the nation’s strong economic fundamentals. In discussions with South Korean Finance Minister Koo Yun-cheol, Bessent expressed concerns over excessive fluctuations in the foreign exchange market and reiterated the importance of …

Treasury Secretary Highlights Discrepancy in Korean Won's Recent Depreciation Relative to Economic Fundamentals

Treasury Secretary Highlights Discrepancy in Korean Won's Recent Depreciation Relative to Economic Fundamentals

U.S. Treasury Secretary Scott Bessent addressed the recent decline in the Korean won, emphasizing that its depreciation does not align with South Korea's robust economic fundamentals. Following discussions with South Korean Finance Minister Koo Yun-cheol, Bessent reiterated the importance of stable foreign exchange markets and the strong bilateral …

Japan’s Yen Faces Pressure Amid Takaichi’s Snap Election Announcement

Japan’s Yen Faces Pressure Amid Takaichi’s Snap Election Announcement

The Japanese yen declined following Prime Minister Sanae Takaichi’s announcement of a snap election planned for next month. Market participants interpret this political maneuver as likely to promote looser monetary and fiscal policies, thereby undermining the currency. While the yen initially dropped sharply, cautious trading and speculation of pot…

Yen Faces Pressure Amid Japanese Snap Election Plans

Yen Faces Pressure Amid Japanese Snap Election Plans

The Japanese yen depreciated following Prime Minister Sanae Takaichi’s announcement of a snap election aimed at consolidating her political authority. Market reactions saw the yen weaken against the U.S. dollar, retreating from key resistance levels, as speculation over potential monetary and fiscal policy impacts intensified.

Snap Election Plans by Japanese PM Weigh on Yen

Snap Election Plans by Japanese PM Weigh on Yen

The Japanese yen experienced depreciation after Prime Minister Sanae Takaichi announced intentions to hold an early election next month to consolidate her political support. This announcement led to notable currency fluctuations, with the dollar retreating from recent highs near the psychologically significant 160 yen mark. Analysts attribute the y…

Dollar Holds Steady Ahead of Inflation Reports as Yen Hits 18-Month Low

Dollar Holds Steady Ahead of Inflation Reports as Yen Hits 18-Month Low

The U.S. dollar remained stable Wednesday prior to fresh inflation data release, while the Japanese yen weakened to its lowest point in a year and a half amid political uncertainty. Core U.S. consumer inflation slightly missed expectations, prompting careful market observation as additional economic indicators are awaited. The dollar's stability re…

Dollar Holds Steady as Yen Falls to 18-Month Low

Dollar Holds Steady as Yen Falls to 18-Month Low

The U.S. dollar maintained stability following recent declines, while the Japanese yen weakened significantly reaching its lowest in a year and a half. Key inflation figures and geopolitical developments influenced investor sentiment, with Federal Reserve policy expectations and potential political shifts in Japan playing pivotal roles.

Dollar Holds Steady Ahead of Inflation Data While Yen Drops to 18-Month Low

Dollar Holds Steady Ahead of Inflation Data While Yen Drops to 18-Month Low

The U.S. dollar maintained stability following recent declines as markets anticipate crucial inflation figures, while the Japanese yen fell to its weakest point in a year and a half influenced by upcoming political developments and fiscal strategies. Key inflation data from the U.S. will shape near-term currency trends. Market attention also center…