Forex

Key Points:  Japan likely conducts yen-buying intervention, as suggested by Bank of Japan data.  The BOJ projected a significant drop in commercial banks’ deposits, indicating potential currency intervention.  The Ministry of Finance has not confirmed the intervention, though data suggests …

Key points: New Zealand’s CPI rose 0.4% in Q2, below the forecast of 0.5%. Annual inflation slowed to 3.3%, down from 4.0% in the previous quarter. The New Zealand dollar strengthened on Wednesday as domestically-driven inflation remained high, though headline …

Key points: The dollar showed mixed performance after U.S. retail sales data, with traders eyeing potential Fed rate cuts in September. The New Zealand dollar gained 0.46% to $0.6078 due to higher-than-expected non-tradable inflation. The dollar experienced a mixed performance …

Key Points:  The British pound reached a one-year high.  UK growth expanded by 0.4% in May, and US inflation dropped to 3.0% in June.  The upcoming interest rate decision by the Bank of England on August 1 could influence the …

The dollar index (DXY) last traded at 104.210 against a basket of major currencies. Despite the holiday in Japan halting cash U.S. Treasuries trading, the 10-year Treasury futures trended lower.

US dollar retreats as cooling inflation fuels rate cut speculation. Euro and pound surge while volatility spikes for yen. More about the market implications and forecasts.

The Mexican peso rebounded against a weaker US dollar and the cautious stance on inflation by Banxico. Read more about the market implications and forecasts.

USDSGD edges higher as speculation about Donald Trump’s potential election victory boosts the US dollar. Learn how political developments are impacting the market.

Key points: The Australian dollar surged to a six-month peak while the New Zealand dollar dropped amid changing rate cut expectations. Market volatility driven by U.S. inflation data impacted the Australian and New Zealand dollars differently. The Australian dollar held …

The Australian dollar (AUDUSD) stood strong at NZ$1.1080, close to a 20-month high of $1.1017 reached on Wednesday. This strength followed the Reserve Bank of New Zealand’s (RBNZ) unexpected signal of potential rate cuts.