Foreign Exchange
-
Europe's shrinking bank liquidity is fueling hedge fund rates bets, with investors piling into an arbitrage trade in euro money markets as the region’s financial conditions tighten.
Europe's shrinking bank liquidity is fueling hedge fund rates bets, with investors piling into an arbitrage trade in euro money markets as the region’s financial conditions tighten.
-
Barclays: If expectations for the Bank of Japan to accelerate interest rate hikes fall through, USD/JPY may rebound above 150.
Barclays said the Japanese Yen could rebound above 150 against the US Dollar if market expectations for accelerated Bank of Japan (BOJ) rate hikes and a shift by Japanese pension funds towards domesti
-
Bank of Japan board member says the central bank must raise rates further
The hawkish comments follow pressure from US Treasury Secretary Scott Bessent and recent volatility in currency and bond markets.
-
China-US 10-Year Yield Gap Widens to Largest on Record
The yield gap between Chinese and US 10-year sovereign bonds widened to its largest level on record following a surge in Treasury yields, raising the threat of accelerated capital outflows and a weake
-
The Japanese Yen strengthened after US Treasury Secretary Scott Bessent warned against shorting the currency, but his expansion of US Treasury buybacks to $6 billion failed to prevent the 10-year US Treasury yield from rising to 4.836%, a new high since October 2023.
The U.S. Treasury Department announced on Wednesday (September 9) that it would raise the single-transaction long-term Treasury buyback limit to $6 billion, tripling the original size planned for last
-
Former U.S. Treasury Secretary Yellen and nearly 50 economists have co-signed an amicus brief, stating that Donald Trump's invocation of the "balance of payments" clause to impose global tariffs exceeds his authority.
Former U.S. Treasury Secretary Janet Yellen and nearly 50 economists jointly submitted an amicus brief on September 9, arguing that the Trump administration's invocation of Section 122 of the 1974 Tra
-
MarketWatch Analysis: Treasury Secretary Scott Bessent's Market Intervention Could Lead to Stronger Yen, Higher US Treasury Yields, Threatening Stock Market Bull Run
MarketWatch analysis indicates that the U.S. government's market intervention this summer to cap long-term interest rates and the Japanese government's efforts to prevent the yen's depreciation have l
-
Donald Trump stated that the war in Iran would end immediately after the election.
Donald Trump stated that the war in Iran would end immediately after the election.
-
ECB President Lagarde urges Europeans to 'choose each other' and build Europe to enhance sovereignty and growth, citing savings and investment union and digital euro
ECB President Lagarde urges Europeans to 'choose each other' and build Europe to enhance sovereignty and growth, citing savings and investment union and digital euro
-
Bank of England Governor Andrew Bailey on Tuesday denied there was a "secret plan to raise interest rates," yet the pound on Wednesday still approached a two-week high of $1.3559.
Bank of England Governor Andrew Bailey explicitly denied on Tuesday at a parliamentary hearing that the central bank has a predetermined path for interest rate hikes, stating he wanted to dispel the m
-
UBS expects Bank of England to hold rates at 3.75% on Sept 17, but strike a more hawkish tone due to Middle East escalation and rising energy prices
UBS forecasts the Monetary Policy Committee will repeat July's 6-3 vote split, with Huw Pill, Megan Greene, and Catherine Mann again pushing for a quarter-point hike. The bank also expects the pace of
-
India's RBI to Introduce Five Currency Pairs on Retail Platform
India's central bank will add five currency pairs to its retail foreign-exchange platform, seeking to give individuals easier access to a wider range of currencies.
-
Bloomberg: Despite the Argentine peso's stabilization, Argentines' obsession with the U.S. dollar remains unabated, with savers buying five dollars for every one they sell.
Bloomberg reports that Javier Milei's government has successfully stabilized the Argentine peso but has failed to end the country's savers' obsession with the U.S. dollar. Data shows that for every do
-
Iran's Revolutionary Guard announced an expansion of its maritime exclusion zone, which will now extend to parts of the Gulf of Oman and the Arabian Sea.
Iran's Revolutionary Guard announced that a new maritime exclusion zone will extend from Chabahar to parts of the Gulf of Oman and the Arabian Sea, with specific coordinates to be announced later. Thi
-
Sterling Rises as Markets Raise BOE Rate Hike Expectations
Sterling Rises as Markets Raise BOE Rate Hike Expectations
-
Gold prices have returned above $4,400, with spot up 1.1% to $4,402.41/oz, due to a weaker dollar and the situation in the Middle East.
Gold prices rose on Wednesday, with spot gold up 1.1% to $4,402.41 per ounce and futures up 0.2% to $4,445.85 per ounce, climbing back above $4,400 after three consecutive trading days of declines. A
-
US CENTCOM denies IRGC's claim of striking two U.S. Navy destroyers in the Middle East, stating all IRGC attempted attacks failed.
US CENTCOM denies IRGC's claim of striking two U.S. Navy destroyers in the Middle East, stating all IRGC attempted attacks failed.
-
The UK has announced a ban on imports from illegal Israeli settlements, which will take effect in 6-9 months. Canada and 10 European countries have also expressed interest in implementing similar restrictions.
UK Foreign Secretary Ed Miliband announced in Parliament on Tuesday that the UK will ban the import of all goods produced in illegal Israeli settlements, in response to escalating settler violence and
-
India's central bank (RBI) used currency swaps to drain cash from banks, reducing a $115 billion surplus as excess funds in the financial system climbed to a record.
India's central bank (RBI) used currency swaps to drain cash from banks, reducing a $115 billion surplus as excess funds in the financial system climbed to a record.
-
MOL Chairman: Violent Yen Fluctuations Could Lead to Global Market "Chaos," Outlook for Strait of Hormuz Shipping Recovery Pessimistic
Takeshi Hashimoto, Chairman of Mitsui O.S.K. Lines, stated in an interview with CNBC that while a weaker yen benefits Japanese companies operating outside Japan, sharp fluctuations in the yen could le
-
ING Chief Economist Blom Says One ECB Rate Hike 'Could Be Enough'
Marieke Blom, chief economist and global head of research at ING, told Bloomberg Television that they don't see much inflationary pressure in core inflation, services, and wages. The European Central
-
Dollar Nears Seven-Month Low as Yen Rallies; Traders Focus on US Buybacks and Inflation Data This Week
The dollar neared its lowest in nearly seven months as the yen rallied, with traders looking ahead to the US Treasury’s buyback announcement and inflation data later this week.
-
Analysts believe this round of JPY appreciation is driven by capital repatriation, and the Norwegian sovereign wealth fund may shift its allocation from US Treasuries to JGBs.
Anatole Kaletsky, an analyst at investment research firm Gavekal, noted that the current appreciation of the Japanese Yen, unlike previous central bank interventions, is primarily driven by genuine ca
-
The Japanese Yen has appreciated by approximately 4% against the US Dollar this month, breaking below 155. Hedge funds are bullish, targeting 140, while Japanese retail investors have contrarianly added $23.5 billion in short positions. US Treasury Secretary Scott Bessent on Tuesday voiced support for a stronger Yen, and the Bank of Japan (BOJ) is leaning towards a 25 basis point rate hike this month.
The Japanese Yen has appreciated by approximately 4% against the US Dollar this month, briefly touching the 153 level and breaking below the key support level of 155. Data from the Chicago Mercantile
-
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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.
-
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
-
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
-
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
-
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
-
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.
-
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
1
Anthropic's potential $2 trillion IPO fuels nearly $80 million in crypto derivatives bets
-
2
Nippon Life plans to invest $12.7 billion (2 trillion yen) in infrastructure financing, primarily for data center construction in the US
-
3
NVIDIA CEO Jensen Huang rejected calls to slow down AI development, stating that AI should advance "as fast as possible" but emphasized that safety should not be sacrificed.
-
4
VICA Token: Ethereum-Based "Noflation" Concept Token and Its Market Status
-
5
Axelar (AXL) In-depth Analysis: The Cross-Chain Interoperability Protocol Connecting the Multi-Chain World
-
6
Cheelee (CHEEL) and Metal Blockchain Ecosystem: New Dynamics in the Cryptocurrency Space
-
7
What is Shiba Inu (SHIB)? An Analysis of Shiba Inu's Current Status and Trading Channels
-
8
The US, Denmark, and Greenland have reached a security agreement to expand the US military presence in Greenland, expected to be signed next week.
-
9
The Senate failed to pass a cryptocurrency ethics rule because it did not cover the interests of officials' adult children.
-
10
ODMCoin (ODMC) Project Review: A Blockchain Attempt at Oil and Gas Waste Treatment
Markets Today
Recommended Reading






