Foreign Exchange
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Lombard: GPIF's Repatriation into JGBs to Drive USD/JPY Below 150, Potentially Triggering Global Carry Trade Unwinds
Lombard Global Macro Research points out that the structural capital flow of Japan's Government Pension Investment Fund (GPIF), the world's largest pension fund, accelerating its return to domestic Ja
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Nick Timiraos quotes Goldman Sachs: The firm is reluctant to change its call, seeing no strong economic case for a rate hike and a less clear-cut Fed decision than market pricing implies.
Goldman Sachs believes some FOMC participants may agree there is no strong economic case for raising the funds rate. However, most FOMC participants are likely concerned about the potential market rea
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Former New York Fed President Dudley: He would be shocked if the Federal Reserve did not raise interest rates by 25 basis points at its next meeting.
Former New York Fed President Dudley: He would be shocked if the Federal Reserve did not raise interest rates by 25 basis points at its next meeting.
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Following the higher-than-expected US August core CPI, investment banks including TD Securities, JPMorgan Chase, MUFG, and Citi have adjusted their Federal Reserve interest rate hike predictions, with most institutions now expecting a 25 basis point hike in September.
Following a 0.3% month-over-month increase in the US core CPI for August (above the 0.2% expectation), Wall Street investment banks swiftly revised their forecasts for the Federal Reserve's interest r
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MoneyHero Limited's Q3 revenue decreased by 13% year-over-year, but strategic transformation drove a 9 percentage point improvement in profit margins and conversion efficiency. AI transformation reduced technology costs by 50%. The net loss of $1.2 million was primarily impacted by foreign exchange fluctuations.
MoneyHero Limited announced its Q3 2026 financial results, with revenue down 13% year-over-year. Management attributed this to a strategic shift towards cash rewards, which are deducted from revenue u
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European Central Bank (ECB) Governing Council member Philip R. Lane stated that the latest September projections indicate a 7.0% increase in Eurozone competitor export prices by 2026, a significant upward revision of 5.4 percentage points from the December forecast.
In a speech on September 11, European Central Bank (ECB) Executive Board member Philip R. Lane unveiled the ECB's latest September projections. The data shows that euro area competitor export prices a
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Analysis: BOJ's hawkish remarks lead to rapid market repricing of rate hike expectations, JPY strengthens significantly
Financial markets have rapidly repriced the likelihood of a Bank of Japan (BOJ) rate hike next week, following hawkish comments from several BOJ policymakers over the past week, leading to a significa
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Iranian and Russian presidents criticized Western sanctions at the BRICS Business Forum, calling for deeper trade ties and expanded local currency settlements.
Iranian President Masoud Pezeshkian and Russian President Vladimir Putin on Friday criticized Western sanctions against their economies at the BRICS Business Forum and urged Global South nations to de
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Dollar Wavers as Inflation Aids Fed Hike Bets While Oil Falls
The dollar oscillated Friday after a key gauge of US consumer prices rose by more than expected pushing traders to add to bets that the Federal Reserve will raise interest rates next week.
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USD/KRW falls 0.7% intraday to 1,339.6800.
USD/KRW falls 0.7% intraday to 1,339.6800.
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Core services ex-housing rose 0.51% in August CPI, the highest reading since January, up 3% on the year.
Core services excluding housing rose 0.51% in the August CPI report, marking the highest monthly increase since January and a 3% year-over-year rise. Core goods were up 0.11% month-over-month and 0.7%
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BNP Paribas Chief Economist Mateos y Lago Says US Economy Likely Needs Three Fed Rate Hikes
Isabelle Mateos y Lago, chief economist at BNP Paribas, stated that her firm believes "monetary policy is not restrictive enough" and that the US economy "probably" needs three rate hikes, potentially
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LG AI Research teams up with South Korea's National Pension Service to develop AI tools for pension fund management, starting with currency movement analysis.
LG AI Research teams up with South Korea's National Pension Service to develop AI tools for pension fund management, starting with currency movement analysis. The two entities signed an agreement to c
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RBI Governor: Record FX Deposits to Bring Additional Revenue to Central Bank
Reserve Bank of India Governor Sanjay Malhotra said on Friday that the central bank's record foreign exchange deposits would bring additional income to the RBI, refuting estimates that these inflows w
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Bundesbank Chief Nagel: Further ECB Rate Hikes 'Very Much Dependent' on Energy Costs
German central bank chief Joachim Nagel told CNBC on Friday that any potential move by the European Central Bank (ECB) to hike interest rates into restrictive territory would be "very much dependent o
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USD/JPY is down 0.77% today, currently trading at 153.1159.
USD/JPY is down 0.77% today, currently trading at 153.1159.
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NZD/USD rose 0.83% intraday, now trading at 0.5845.
NZD/USD rose 0.83% intraday, now trading at 0.5845.
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USD/CHF is down 0.94% today, currently trading at 0.8051.
USD/CHF is down 0.94% today, currently trading at 0.8051.
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French Central Bank Governor Warns: Proposal to Cancel 18% of National Debt Would Constitute Default, Is "Illegal, Dangerous, and Useless"
Emmanuel Moulin, the head of the French central bank, warned that French politician Jean-Luc Mélenchon's proposal to cancel 18% of French national debt would constitute a default, calling it "illegal,
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Nikkei: The Bank of Japan (BOJ) plans to raise its policy interest rate to 1.25% at next week's policy meeting.
According to Nikkei, the Bank of Japan (BOJ) plans to raise its key interest rate from the current 1% to 1.25% at its Policy Board meeting on September 17-18. This move aims to curb inflationary press
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Bankers warn Bessent's intervention risks damaging BoJ's credibility
Bankers warn that the US Treasury secretary’s claims of insider knowledge could erode market perceptions of the Japanese central bank’s independence.
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Stronger Won Prompts South Korean Investors to Return to U.S. Stocks, Total Holdings Reach $191.84 Billion
The strengthening Korean Won is encouraging local investors to increase their purchases of U.S. stocks again, as the appreciation of the local currency makes dollar-denominated assets cheaper in Won t
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Fed Chair Warsh may defy the president’s desire for a rate cut at Wednesday’s meeting, according to the Financial Times.
Fed Chair Warsh may defy the president’s desire for a rate cut at Wednesday’s meeting, according to the Financial Times.
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EU Commission Resumes Work on Legally Tapping Russian Bank Funds for Ukraine
The European Commission is seeking legally sound ways to access Moscow's frozen bank funds as Kyiv's spending crunch deepens.
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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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Anthropic's potential $2 trillion IPO fuels nearly $80 million in crypto derivatives bets
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Nippon Life plans to invest $12.7 billion (2 trillion yen) in infrastructure financing, primarily for data center construction in the US
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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.
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Oracle's $18 billion AI loan is struggling to sell, with banks quoting prices down to 89-91 cents on the dollar, signaling emerging pressure in the AI financing chain.
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VICA Token: Ethereum-Based "Noflation" Concept Token and Its Market Status
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Axelar (AXL) In-depth Analysis: The Cross-Chain Interoperability Protocol Connecting the Multi-Chain World
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Cheelee (CHEEL) and Metal Blockchain Ecosystem: New Dynamics in the Cryptocurrency Space
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What is Shiba Inu (SHIB)? An Analysis of Shiba Inu's Current Status and Trading Channels
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The US, Denmark, and Greenland have reached a security agreement to expand the US military presence in Greenland, expected to be signed next week.
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The Senate failed to pass a cryptocurrency ethics rule because it did not cover the interests of officials' adult children.
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