Ethiopia’s Dollar Sales Top $2 Billion as Birr Parallel Rate Surges
Ethiopia's $2 billion dollar sales highlight a surging parallel market rate for the birr, as forex shortages and dollar demand pressure the…
Ethiopia's $2 billion dollar sales highlight a surging parallel market rate for the birr, as forex shortages and dollar demand pressure the…
ECB’s Lane flags stubborn inflation despite Iran deal, keeping euro bid and oil selloff in check.
Japan’s central bank raised rates to combat inflation, strengthening the yen and weighing on the Nikkei 225 as markets price in additional…
The yen initially rallied but quickly pared gains versus the dollar after the BOJ hiked its key rate to 1%, with markets…
New Zealand economists trimmed inflation forecasts to 2.1% but maintained RBNZ rate-hike expectations, driving a modest rally in NZD/USD and a selloff…
Yen shorts at a nine-year high threaten to trigger a carry trade unwind after the BOJ rate decision, putting Bitcoin and risk…
Bloomberg reports that traders are the most positive on the US dollar since February 2025, signaling a strong bullish consensus in currency…
The French central bank’s embrace of a digital euro puts the ECB on a faster track toward a CBDC, challenging bank margins…
Iceland revisits euro adoption debate as Icelandic krona volatility challenges economic stability, with potential implications for ISK/EUR exchange rate, Icelandic bonds, and…
Indonesia's central bank imposes stricter foreign exchange trading rules on Wall Street banks, aiming to curb speculation and boost the rupiah's value…
The dollar suffered its biggest drop in a month as Trump's assertion that 'the war is ending' fueled risk appetite and dented…
European Central Bank officials see the next interest rate hike possible as soon as July, lifting the euro and pressuring European equities…