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.
450 total articles
BCA Research is advising clients to take a long position in the Hungarian forint versus the U.S. dollar after a recent general election. The firm believes a new government will repair ties with the European Union, potentially unlocking substantial grants and loans that could materially reduce Hungary's country risk premium and support growth.
Sterling made a slight advance on Friday while the euro recorded modest gains as the dollar steadied following a partial recovery. Crude oil's rebound and ongoing geopolitical uncertainty in the Middle East helped underpin energy prices, shaping currency moves alongside resilient equity markets and cautious positioning around central bank expectati…
A renewed focus on commodities driven by the Middle East war has elevated currencies of major commodity exporters. The Norwegian crown and the Australian dollar are among the top performers versus the U.S. dollar year-to-date, and some investors are reallocating away from the euro into so-called commodity currencies amid expectations of sustained h…
Asian foreign exchange markets traded with little direction on Friday as investors awaited fresh developments in U.S.-Iran peace negotiations. Reduced demand for safe-haven assets weighed on the dollar, while the Japanese yen slipped after the Bank of Japan gave few indications of an imminent rate hike. Most regional currencies posted small weekly …
A central bank director warned that Brazil’s core inflation measures are accelerating and that inflation expectations appear unanchored, complicating policy decisions. The bank has kept its policy calibration open and chosen not to issue guidance, citing volatile data, market expectations, and external uncertainties that have increased balance-of-r…
Citigroup has revised up its inflation outlook for South Africa, citing higher oil prices and resulting uncertainty from the conflict in Iran. The bank now expects consumer price inflation to peak at 4.9% in the first quarter of next year, with core inflation just under 4%, and forecasts two 25 basis-point rate increases by the South African Reserv…
The pound and the euro fell modestly on Thursday as the dollar found renewed support, even after UK GDP surprised on the upside in February. Markets treated the stronger-than-expected UK data with caution, while analysts pointed to risk sentiment and central bank positioning as the main drivers of currency moves.
Citi cautions that if the Bank of Japan maintains its existing monetary policy at the upcoming meeting, the yen may require direct government intervention. The bank warns USD/JPY could breach ¥160 per dollar, a move that would likely trigger yen-buying operations to return the pair toward roughly ¥155 per dollar. The outlook follows currency moves …
Bank of America says the recent adjustment in the Swiss franc is close to finishing and anticipates the recent softness in the currency will reverse. The bank points to EUR/CHF failing to clear its 200-day moving average, the link between gold and the franc, and the Swiss franc's defensive characteristics as evidence that the franc should reassert …
Most Asian currencies strengthened as the U.S. dollar slipped amid renewed hopes for talks between Washington and Tehran ahead of a looming ceasefire deadline. The Chinese yuan was an exception, holding steady after stronger-than-expected first-quarter GDP, while the Australian dollar gained as employment data kept pressure on the central bank to c…
Japan’s finance minister, Satsuki Katayama, said she and U.S. Treasury Secretary Scott Bessent agreed to keep closer contact on currency matters after a bilateral meeting in Washington during the IMF and World Bank spring gatherings. Katayama said Tokyo is prepared to take bold foreign exchange measures if necessary and that she will see Bessent ag…
Hedge funds have increased bearish positions on the U.S. dollar through April 10, according to Morgan Stanley's proprietary trading model, reversing a March surge driven by safe-haven demand. The Bloomberg dollar index rose 2.4% in March but has since fallen 1.8% in April amid talks between the U.S. and Iran to resolve a six-week conflict. Morgan S…
UBS projects the Hungarian forint will strengthen to about 355-360 per euro in coming months after the Tisza party won a constitutional majority. The bank cites a smoother transition, potential unlocking of EU transfers, and balance‑of‑payments effects as drivers of appreciation, while outlining scenarios that could send EUR/HUF as low as 340 by ye…
Sterling slipped on Wednesday as the dollar found support and investors grew more cautious about the likelihood of a smooth geopolitical de-escalation. GBP/USD was down 0.1% at 1.3563, while EUR/USD eased 0.05% to 1.1791. Market positioning and central bank commentary, together with upcoming signals such as the Fed's Beige Book, are keeping currenc…
Asian currencies traded in a narrow range as investors awaited additional signals from ongoing U.S.-Iran ceasefire discussions. The U.S. dollar ticked higher in Asian hours after a seven-day decline, following softer-than-expected producer price inflation data that eased some concerns about persistent inflation. Key regional moves were modest: the …
Bank of Japan officials are likely to raise their inflation projection for the current fiscal year to account for a roughly 50% jump in oil prices since the start of the US-Iran war, and may lower growth forecasts as the Middle East conflict continues to cloud the outlook. The yen strengthened slightly after the report, and the BOJ will release an …
Sterling climbed on Tuesday alongside gains in the euro after the dollar came under pressure as markets increasingly priced in a de-escalation in Middle East tensions. Oil's retreat from earlier supply-fear-driven gains removed a support for the greenback, while investors awaited remarks from European and Bank of England officials that could influe…
Most Asian currencies strengthened modestly while the U.S. dollar eased after Washington began blockading Iranian vessels and ports in an effort to pressure Tehran toward a ceasefire. Traders are closely watching U.S. producer price inflation data for further signals on interest rates. China reported a much larger-than-expected contraction in its t…
The British pound slipped on Monday as the dollar strengthened following news that U.S.-Iran peace talks in Islamabad did not produce a lasting ceasefire. GBP/USD traded near 1.3416, down roughly 0.3%, while EUR/USD also eased. Higher oil prices and a possible U.S. naval blockade on Iranian exports underpinned the dollar, with ING analysts warning …
Most Asian currencies fell on Monday while the U.S. dollar drew safe-haven demand after peace talks between Washington and Tehran failed and U.S. officials moved to impose a blockade on Iranian ports. The moves were compounded by last week’s U.S. consumer inflation data, which increased expectations that the Federal Reserve will hold interest rates…
The U.S. dollar strengthened to its strongest level in a week in Asian trading as talks between the United States and Iran broke down and the U.S. Navy moved to implement a blockade of Iranian ports. The U.S. dollar index rose as much as 0.5% to 99.187, while major risk-sensitive currencies weakened. U.S. authorities said the blockade would begin a…
The U.S. dollar climbed in early Asia-Pacific trade after marathon negotiations between Washington and Tehran concluded without a peace deal, extending market uncertainty into a seventh week. U.S. President Donald Trump said the U.S. Navy would begin blockading the Strait of Hormuz, a critical oil transit point, a move tied in reporting to higher o…
Citi's research indicates that when Brent crude trades above $80 per barrel and is above its 200-day moving average, the USD/JPY exchange rate rarely falls below its own 200-day moving average. The relationship shifts when crude is in the $60 to $80 range and depending on whether oil is above or below its 200-day average. Citi also notes current ex…
Sterling was steady near its best level of the week on Friday, trading around 1.3420 as markets prepared for a pivotal U.S. inflation print that could alter expectations for Federal Reserve policy and the dollar’s short-term trajectory. The pound has recovered strongly from earlier weakness this week, but analysts warn much of the positive news may…
Most Asian currencies edged lower on Friday but were positioned to post weekly gains as investors weighed an uncertain temporary truce between the U.S. and Iran and awaited U.S. March CPI data. The US Dollar Index ticked up slightly during Asian hours but was on track for a weekly decline. China saw factory-gate prices return to growth while consum…
