Foreign Exchange
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Trump says he is frustrated with Iran's negotiating style
Trump says he is frustrated with Iran's negotiating style
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The Japanese yen weakened again this week, with the exchange rate against the US dollar breaking the 159 mark, testing the resolve of US and Japanese authorities to continue supporting the currency after their recent historic joint intervention.
The Japanese Yen fell past the 159 mark against the US Dollar from Monday to Tuesday, following nearly $100 billion in dollar selling by US and Japanese authorities to support the Yen. The market is s
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Yen Slides Toward 160 per Dollar, Raising Intervention Concerns
The Japanese yen was slightly weaker against the dollar, approaching the 160 level, which could prompt speculation that Japanese authorities may intervene again to support the currency.
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The Reserve Bank of Australia (RBA) maintained its benchmark interest rate at 4.35%, in line with market expectations.
The Reserve Bank of Australia (RBA) on Tuesday kept its benchmark interest rate unchanged at 4.35%, in line with market expectations, following signs that inflation has begun to cool. The decision was
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MUFG Bank warns dollar at risk of falling due to Fed's unclear rate path amid Middle East energy shock, despite DXY rising 0.1% to 99.895
MUFG Bank’s Derek Halpenny stated that the dollar is at risk of falling given the lack of confidence in how the Federal Reserve will respond to the energy-price shock driven by the Middle East conflic
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RBA Holds Key Rate Steady at 4.35%
The Reserve Bank of Australia (RBA) unanimously decided to keep its key interest rate unchanged at 4.35%, stating it will hike further if required.
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BOK Senior Deputy Governor says central bank should continue raising interest rates after July hike, citing strong growth and persistent inflation
Bank of Korea (BOK) Senior Deputy Governor Ryoo Sang-dai stated on Tuesday that the central bank should keep raising interest rates following its first hike in over three years. He noted that strong g
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Yen joint intervention effect fades, exchange rate returns to 159.28, market focus shifts to Bank of Japan (BOJ) rate hike timing
The Japanese Yen, after rebounding from a near 40-year low of 164 against the US dollar to 155, has weakened again and is currently trading at 159.28. The market generally believes that the impact of
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EUR/JPY rose 0.71% intraday, now at 183.7590.
EUR/JPY rose 0.71% intraday, now at 183.7590.
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USD/JPY rose 0.79% intraday, now at 159.1450.
USD/JPY rose 0.79% intraday, now at 159.1450.
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USD/KRW rose 0.82% intraday, now at 1,418.5800.
USD/KRW rose 0.82% intraday, now at 1,418.5800.
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Traders Increase Bullish Bets on Taiwan Dollar Options
Currency traders are stepping up bullish options bets on the Taiwan dollar, signaling a shift in sentiment after the currency suffered its worst July since 2015.
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Iran's Foreign Ministry warns U.S. sanctions are undermining diplomacy, stating further sanctions could reduce chances of a negotiated resolution
Iran's Foreign Ministry criticized Washington’s economic sanctions, arguing they reflect a failure to pursue diplomacy. Tehran stated that decades of pressure have failed to force Iran into submission
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Japanese listed companies' April-June quarterly profit jumps 70%, driven by weak yen and AI spending
Japanese listed companies' April-June quarterly profit jumps 70%, driven by weak yen and AI spending
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Cleveland Fed's Hammack: More than one interest rate hike will be needed to bring down inflation
Cleveland Federal Reserve President Beth Hammack stated on Monday that she anticipates multiple interest rate hikes will be required to rein in what she describes as broadening inflation. Hammack, who
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The Japanese Yen rose to 158.93 against the US Dollar, a new high for the month, after joint intervention by Japan and the United States failed to prevent the Yen from weakening.
The Japanese Yen (JPY) rose to 158.93 against the US Dollar (USD) on Monday, reaching a new high for the month, after Japan and the United States jointly conducted their first coordinated intervention
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EUR/JPY rose 0.7% intraday, now at 183.6570.
EUR/JPY rose 0.7% intraday, now at 183.6570.
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Kalshi traders price July CPI at 3.3% ahead of Wednesday's release; September Fed hike odds fall to 46% from 67% after weak payrolls
Kalshi traders price July CPI at 3.3% ahead of Wednesday's release; September Fed hike odds fall to 46% from 67% after weak payrolls
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Brazil's central bank is assessing cross-border links for its Pix instant payment system, aiming for international integration amidst intensifying U.S. trade scrutiny.
The central bank stated in a report on Monday that connecting Pix with similar foreign platforms could lower costs, accelerate transactions, broaden access, and improve transparency in cross-border pa
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Bank of Japan (BOJ) July meeting summary of opinions showed strong internal calls for accelerating interest rate hikes, with market expectations for a September hike exceeding 60%.
The "Summary of Opinions" from the Bank of Japan (BOJ)'s Monetary Policy Meeting on July 30-31, released on August 10, revealed intense early calls for interest rate hikes within the committee, includ
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Yen weakens 0.7% against dollar as intervention impact fades
The yen fell 0.7% against the dollar as the effect of Japan's recent currency intervention diminished. Goldman Sachs reported that Japanese investors continued to buy foreign bonds at a strong pace in
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KYODO: BOJ's September Rate Hike Signal Led US to Join Intervention
KYODO: BOJ's September Rate Hike Signal Led US to Join Intervention
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Macquarie Strategist Wizman Says Fed Rate Hike in December Is Possible
Thierry Wizman, global FX and rates strategist at Macquarie, discussed the outlook for the US economy and inflation, stating that "December doesn't look like the wrong time" for a Federal Reserve inte
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USD/JPY rose 0.71% intraday, now at 158.8650.
USD/JPY rose 0.71% intraday, now at 158.8650.
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Emerging market investors are favoring local currency sovereign bonds, as surging U.S. Treasury yields diminish the appeal of dollar-denominated debt.
Emerging market investors are favoring local currency sovereign bonds, as surging U.S. Treasury yields diminish the appeal of dollar-denominated debt.
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China names Li Chenggang its top international trade negotiator ahead of US talks
China elevated Li Chenggang's title on Sunday, hours before delegations from the two countries were set to hold negotiations in New York. This move comes as US Treasury Secretary Scott Bessent is sche
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Houthis attack Saudi capital and Aramco facilities, US warns of "rapid escalation" of conflict, Saudi Arabia urgently seeks aid from multiple countries.
On September 19, Yemen's Houthi rebels launched a new round of missile and drone attacks targeting "sensitive sites" in the Saudi capital Riyadh and Saudi Aramco facilities in Yanbu. U.S. embassies in
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Yen vulnerable to sharp moves and further declines as Japan holiday reduces liquidity, investors disappointed by BOJ guidance
The yen is vulnerable to sharp moves and further declines over the next week, with a three-day holiday in Japan set to reduce trading liquidity and investors disappointed that the central bank didn’t
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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
Financial Secretary Paul Chan stated on Sunday that Hong Kong would expand its renminbi-denominated bond market and develop renminbi-denominated gold and commodity markets. This initiative aims to str
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Financial Times: Saudi Arabia Exits China-Led Cross-Border Currency Platform
Saudi Arabia has withdrawn from a China-led cross-border currency platform. According to the Financial Times, the Saudi central bank exited the project last year, which was one of China's efforts to d
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Global oil shipping costs have surged to historic highs, with supertankers earning over $1.2 million per day. A South Korean shipping magnate is making a massive bet, investing $7 billion, and is set to profit handsomely.
The global supertanker market is experiencing unprecedented supply-demand tightness, with soaring freight rates rendering some long-haul crude oil trades economically unviable and profoundly altering
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U.S. Treasury Secretary Scott Bessent seeks to influence Japan's fiscal and monetary policy, Nikkei Asia reports, stating that Japan's response must be mutually beneficial.
U.S. Treasury Secretary Scott Bessent met with Japanese Finance Minister Satsuki Katayama for the first time after their coordinated intervention. Nikkei Asia noted that the U.S. Treasury's move aims
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Turkish Foreign Minister: Turkey supports Saudi Arabia's security and is prepared to provide military assistance amid escalating Houthi attacks.
Turkish Foreign Minister Hakan Fidan said on Friday that Saudi Arabia may have unmet military needs amid Houthi attacks in Yemen, and Turkey would consider how to support Saudi Arabia as part of a tri
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Iran's security chief says conditions for ending war with US, including lifting naval blockade and unfreezing funds, sent to Washington via Qatar; awaits Trump's response
Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, told Al Jazeera in an exclusive interview on Saturday that Tehran has conveyed a formal set of conditions to Washington through Qa
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US Treasury Secretary Scott Bessent will meet with Chinese Vice Premier He Lifeng in New York on Sunday to discuss AI safety, trade, and economic issues, paving the way for a summit between Donald Trump and Xi Jinping.
U.S. Treasury Secretary Scott Bessent will meet with Chinese Vice Premier He Lifeng in New York on Sunday to discuss artificial intelligence safety, trade, and broader economic issues. The meeting, he
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Nick Timiraos reposted VKMacro's tweet: Japanese officials say failure to raise interest rates as demanded by the U.S. could escalate into a diplomatic issue.
Nick Timiraos reposted VKMacro's tweet: Japanese officials say failure to raise interest rates as demanded by the U.S. could escalate into a diplomatic issue.
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Pakistan urges Iran to protect energy supplies and shipping, as high-ranking officials from both countries are set to meet.
Pakistan's Deputy Prime Minister and Foreign Minister, Ishaq Dar, spoke with Iranian Foreign Minister Abbas Araghchi on Saturday, emphasizing the importance of uninterrupted energy supplies and the sa
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Trump Administration Lifts Sanctions on Eritrea to Advance U.S. Regional Interests in Red Sea
The U.S. State Department announced that President Donald Trump chose not to renew sanctions against Eritrea from 2021, a move aimed at "advancing U.S. regional interests." Eritrea, located in the Hor
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Russia attacked two merchant ships in the Black Sea, and Poland raised its air defense alert level.
Ukraine's Air Force stated that Russia used dozens of drones and two anti-ship missiles to attack Ukraine overnight. Russia's Ministry of Defense, meanwhile, claimed that its forces used "Geran-4 Seek
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Hedge funds are bullish on the JPY for the first time since July 2025, holding approximately $1.6 billion in positions, according to CFTC data.
Leveraged traders have unwound their previous short positions in the Japanese Yen and started building bullish positions, now holding approximately JPY 251 billion (about $1.6 billion) in long Yen pos
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The French government stated that its 2027 budget draft will comply with EU spending recommendations, even though its debt burden is projected to rise above 120% of economic output.
The French government stated that its 2027 budget draft will comply with EU spending recommendations, even though its debt burden is projected to rise above 120% of economic output.
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World faces supertanker shortage, threatening long-haul oil flows as costs soar
The rising cost of global oil transportation is rendering some long-distance crude trades uneconomical, potentially disrupting flows at a time when fuel markets are exceptionally tight.
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Brazil's central bank announced a ban on the use of stablecoins for certain cross-border payment settlements, effective October 1, to address regulatory ambiguities.
Brazil's central bank stated that the move aims to address ambiguities in the 2022 virtual assets law, which grants the central bank the authority to determine which crypto operations constitute forei
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The dollar had its strongest week since June after the Federal Reserve's rate hike, with the Bloomberg Dollar Spot Index rising 1.1% this week.
The Federal Reserve announced its first interest rate hike in over three years this week, explicitly signaling more to come, which has become a core driver of dollar strength. JPMorgan Chase, Standard
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Citibank Analysis: The Bank of Japan's dovish dissent and the Federal Reserve's rate hikes will accelerate its rate-hiking process, bringing forward the terminal rate achievement to July 2027.
Citibank Japan economist Sosuke Nakamura released a report stating that the Bank of Japan (BOJ) raised its policy rate from 1.00% to 1.25% at its September meeting as expected, but two dovish dissenti
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Trump Administration Refuses to Disclose Details of Venezuelan Oil Revenue, State Department Faces Public Pressure
The Trump administration is facing pressure from the U.S. State Department to disclose the total amount of funds it seized from Venezuelan oil and the amount that has been returned to Caracas, after r
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Analysis suggests Federal Reserve Chairman Warsh is steering decision-making logic towards monetarism, abandoning the neutral interest rate anchor.
Analysts point out that Warsh's characterization of the neutral rate as a purely academic discussion is akin to dismantling the Federal Reserve's policy positioning system, which has been in operation
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U.S. President signs H.R. 5334 bill, expanding sanctions on Russia and extending sanctions on Iran.
On Friday, September 18, the President of the United States signed H.R. 5334, the "Lindsey O. Graham Sanction Russia and Iran Act of 2026." This bill authorizes and expands statutory sanctions, tariff
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EQ9 Token Analysis: Project Positioning, Market Performance, and Future Development Prospects
The EQ9 (Equals9) token aims to revolutionize the traditional foreign exchange sector by providing low-cost, high-efficiency international currency management services through its Polygon-based technology platform. The project plans to transition to a proprietary chain in the future to further enhance performance. However, EQ9's current market performance faces challenges, with extremely low 24-hour trading volume, significant discrepancies in circulating market capitalization data, and severe price volatility. Investors need to be wary of its liquidity risks and closely monitor the project's subsequent technological developments and market dynamics.
Foreign Exchange
24H Trending
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1
The Senate failed to pass a cryptocurrency ethics rule because it did not cover the interests of officials' adult children.
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Musk reposted a tweet stating that OpenAI's AI agents are conducting "self-adventurous experiments" in a "safety sandbox," even pressuring each other for "permanent death" in exchange for collective benefit.
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Hong Kong to expand renminbi-denominated bond, gold and commodity markets, says Financial Secretary Paul Chan
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Goldman Sachs: Market "pricing in 4 rate hikes" is overly pessimistic, expects only two rate hikes in this cycle.
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Decentralized Applications (DApps) Explained: Reshaping the Foundation of the Web3 Ecosystem
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Big Tech uses guarantees to keep $300bn of AI exposure off balance sheets, with Wall Street facilitating cheaper funding
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Wu Blockchain: Interpol expands "Silver Notice" system, identifying at least €36 million in criminal assets
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Google executive says Asia's AI adoption is outpacing perception, with demand rising for cost-effectiveness
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Houthis attack Saudi capital and Aramco facilities, US warns of "rapid escalation" of conflict, Saudi Arabia urgently seeks aid from multiple countries.
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Musk reposted a SpaceX tweet, confirming the deployment of 27 Starlink satellites.
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