Foreign Exchange
-
Taiwan dollar, South Korea won strong among Asia currencies as AI booms
The currencies of South Korea and Taiwan are outperforming other Asian currencies, driven by the artificial intelligence and semiconductor boom. Meanwhile, the Indian rupee and Philippine peso have se
-
Goldman Sachs lowers its diesel spread forecast, turning bullish on European gasoline, as refiners squeeze gasoline output to compensate for tight diesel supply.
Goldman Sachs noted in its latest report on September 16 that the global fuel market tightness is spreading from diesel to gasoline. Refiners, in an effort to address tight diesel supply, have increas
-
Wall Street banks, including Goldman Sachs and Morgan Stanley, are rethinking the 'one-and-done' Fed hike after the hawkish September meeting, with many now expecting another 25bp hike
Following the Federal Reserve's hawkish September meeting, several banks, such as NatWest, Rabobank, Swedbank, and Commerzbank, are now forecasting an additional rate hike or fewer rate cuts. The medi
-
Croatian Central Bank Governor Žigman warns inflation can jeopardize growth, urges ECB to control it
Croatian National Bank Governor Ante Žigman told BTV's Oliver Crook on Thursday that the European Central Bank (ECB) must get inflation under control, otherwise it "can jeopardize the growth." This wa
-
Iran's Parliament Speaker Ghalibaf Mocks US Interest Rate Hike, Fed Raises Rates by 25bps Citing Iran Conflict
Iranian Parliament Speaker Mohammad Bagher Ghalibaf posted on X, citing the Taylor equation to mock US interest rates and claiming Iran sets the Strait of Hormuz risk premium. Hours later, the US Fede
-
BOE's Bailey Says Feed-Through of Energy Shock Has Been 'Subdued' So Far, But It Is Early Days
Bank of England Governor Andrew Bailey said the feed-through of the energy shock into wider inflation has been "quite subdued" so far, but cautioned that "it is early days." He made the comments after
-
Standard Chartered expects the US Fed to deliver a 25 bp rate hike in December 2026, revising its prior forecast of no policy change this year
Standard Chartered expects the US Fed to deliver a 25 bp rate hike in December 2026, revising its prior forecast of no policy change this year
-
USD/JPY falls below 156. The probability of the Bank of Japan (BOJ) raising interest rates by 25 basis points at its September meeting reaches 98.2%.
Expectations for an widening of the U.S.-Japan interest rate differential have resurfaced after the Federal Reserve raised interest rates by 25 basis points and delivered hawkish signals, causing USD/
-
ECB’s Rehn Sees No Second-Round Inflation Effects From War Shock
European Central Bank Governing Council member Olli Rehn stated that the energy-price shock from the conflict in the Middle East has not yet fed through to other parts of the economy, thus far prevent
-
The Bank of England is expected to keep its benchmark interest rate unchanged at 3.75% on Thursday, but may signal a hawkish stance to leave room for a November rate hike. August inflation at 3.1% exceeded forecasts, and the scale of quantitative tightening for the new fiscal year may be reduced to £50 billion.
The market widely expects the Bank of England's Monetary Policy Committee (MPC) to keep the benchmark interest rate at 3.75% on Thursday, but it may signal a hawkish stance, leaving room for a Novembe
-
Uganda's Central Bank Hikes Reserve Ratio to Defend Shilling
The Bank of Uganda raised the cash reserve requirement for commercial banks as the shilling continues to slide.
-
Citi Research: The Federal Reserve's hawkish rate hike in September exceeded expectations, with the DXY technically confirming a double bottom pointing to 101.15.
Citi Research noted that the Federal Reserve's September FOMC meeting sent a strong hawkish signal, leading the market to price in another rate hike of approximately 13 basis points in October. The DX
-
State Street Markets sees South Korean won retreating after sharp rally, citing weakened exporter dollar-selling flows and strong demand for overseas stocks
Choi Ji-uk, senior macrostrategist for the Asia-Pacific region at State Street Markets, stated at a media roundtable in Seoul on Thursday that the Korean won has already strengthened to its capable ex
-
Japan's central bank interest rate hike probability for Sept. 17-18 meeting surges to nearly 100% after U.S. Treasury's July 31 yen intervention
The likelihood of the Bank of Japan raising interest rates at its policy meeting on September 17-18 has shot up to almost 100%, from less than 30% before the unexpected intervention in Japan’s foreign
-
Analysis: If the Bank of Japan delivers a "dovish rate hike" on Friday, USD/JPY may break below 158 and retest 160.
The Federal Reserve's recent interest rate hike and hints of further tightening are expected to keep the US-Japan interest rate differential high for an extended period, limiting the Bank of Japan's a
-
India warns US that new tariffs of up to 100% on Russian oil purchases could impact bilateral ties
India's foreign ministry stated on Thursday that it is firmly committed to ensuring energy security for its 1.4 billion people and will take all necessary measures to protect its trade and economic in
-
Seoul Stocks Close Almost Flat Thursday, KOSPI Down 0.04% to 6,715.41, as Investors Weigh Fed's First Rate Hike in 3 Yrs
The benchmark Korea Composite Stock Price Index (KOSPI) closed down 2.56 points, or 0.04 percent, to 6,715.41. The Korean won fell against the US dollar, as investors digested the Federal Reserve's de
-
Bank of America economist Punhani: The Bank of England should keep the option of future rate hikes open, even if it maintains current interest rates, to preserve its anti-inflation credibility.
Bank of America economist Sonali Punhani stated that the Bank of England could demonstrate its commitment to fighting inflation by keeping the option of future rate hikes open, even if it maintains in
-
EU Spokesperson Responds to Trump's Threats, States Canada Agreement "Not Aimed at Anyone"
An EU spokesperson stated that the agreement with Canada "is not directed against anyone," but rather "for our common strength." This follows warnings from US President Donald Trump, who had previousl
-
Asian Bonds Decline, Dollar Jumps As Fed Hikes
Asian Bonds Decline, Dollar Jumps As Fed Hikes
-
UK FTSE 100 futures rose, and the British pound remained stable ahead of the Bank of England's decision.
UK FTSE 100 futures rose, and the British pound remained stable ahead of the Bank of England's decision.
-
USD/KRW is up 0.72% intraday, currently trading at 1,381.5800.
USD/KRW is up 0.72% intraday, currently trading at 1,381.5800.
-
Trump Threatens to End Trade with Mexico, Europe, and Canada After Federal Reserve Rate Hike
Previously, US President Donald Trump attempted to pressure the Federal Reserve to cut interest rates, but the Federal Reserve unanimously voted to raise them. In response, Donald Trump is now threate
-
Japanese business executives are warning about the weak yen, with Kawasaki Heavy Industries considering moving production back to Japan, and Inpex's president stating that 100 yen to the dollar would be more appropriate.
Yoshinori Kanehana, chairman of Kawasaki Heavy Industries, stated at the Gastech conference on Tuesday that yen fluctuations make it difficult to formulate strategy, and the company would consider mov
-
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
-
Hedge funds turn bullish on JPY for the first time since mid-2025.
Hedge funds have turned bullish on the Japanese Yen for the first time since July 2025, a shift in sentiment that comes weeks after US and Japanese authorities intervened in markets to support the cur
-
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
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.
-
5
DPEX Exchange Analysis: Decentralized Perpetual Contract Platform Overview
-
6
VICA Token: Ethereum-Based "Noflation" Concept Token and Its Market Status
-
7
Axelar (AXL) In-depth Analysis: The Cross-Chain Interoperability Protocol Connecting the Multi-Chain World
-
8
FWG Coin: Fantasy World Gold Project Status and Market Analysis
-
9
Cheelee (CHEEL) and Metal Blockchain Ecosystem: New Dynamics in the Cryptocurrency Space
-
10
Chainlink (LINK) Token Issuance and Circulation Analysis
Markets Today
Recommended Reading







