Forex: the latest market news with AI summary, sentiment and the assets affected, updated around the clock.
Goldman Sachs cuts yen forecast to 165 per dollar, boosting carry trade appeal as hawkish Fed and dovish BOJ widen yield gaps.
The Korean won edged higher in its inaugural 24-hour trading day, signaling potential for increased global participation and smoother price discovery in…
Carry trade strategies pivot away from the US dollar toward emerging-market currencies, driving dollar weakness and EM currency strength amid elevated global…
South Korea's new 24-hour won trading regime faces immediate test as impeachment proceedings and trade tensions threaten to amplify currency swings.
Morgan Stanley challenges growing dollar optimism as DXY retreats, signaling potential headwinds for the greenback and tailwinds for EUR/USD and gold.
South Korea’s transition to 24-hour currency trading for the won is set to enhance market accessibility, attract global investors, and strengthen the…
South Korean banks are scaling up trading operations to support round-the-clock won trading, enhancing the currency's global accessibility.
The US dollar's rally has erased all 2026 gains for emerging market currencies, as safe-haven demand and hawkish Federal Reserve expectations fuel…
South Africa's rand firmed and bond yields rose after SARB Governor Kganyago signaled an interest rate hike in July, keeping pressure on…
ECB’s Kocher signals only hike or hold for next decisions, ruling out rate cuts and sending the euro higher against the dollar…
The RBI’s record short dollar position in May underscores heavy intervention to bolster the rupee, with subsequent policy measures now in focus…
South Korea's won slid toward its weakest level since 2009 as global funds offloaded equities, exacerbating capital outflows and testing the central…