Philippine Peso Tumbles to Record Low as Surging Oil Prices Strain Trade Deficit
The Philippine peso hit a historic low versus the US dollar as rising oil prices worsened the Philippines’ trade deficit, fueling bets…
The Philippine peso hit a historic low versus the US dollar as rising oil prices worsened the Philippines’ trade deficit, fueling bets…
Singapore's central bank left policy unchanged on mild inflation but flagged tightening, lifting the Singapore dollar and raising expectations of future rate…
The yen's steep decline to multi-decade lows against the dollar introduces fresh headwinds for Japan's stock market rally, with rising import costs…
Mark Carney's vow to retaliate against Trump's proposed 50% tariffs sent the Canadian dollar tumbling as markets braced for a trade war…
The US Treasury’s criticism of China’s currency opacity threatens to weaken the yuan and rattle Chinese stocks amid fears of escalating trade…
Former central banker Mark Carney warns Canada will respond with 'everything on the table' if the US imposes 50% tariffs, threatening retaliatory…
Yen's slide in trade-weighted terms stokes inflation fears, challenging the Bank of Japan's accommodative stance as broad-based weakness persists.
Escalating Middle East tensions triggered a flight to safety, propelling the dollar higher and weighing on equities as investors priced in heightened…
ECB officials signal readiness to hike rates in September as inflation remains above target, driving euro strength and pressure on European bond…
ECB President Lagarde's commitment to stay through year-end eases leadership uncertainty, potentially supporting the euro and European bonds as policy continuity is…
Dangote Group's decision to revert to naira-denominated gasoline sales after a brief dollar switch alleviates foreign exchange pressure, supports the Nigerian naira,…
The British pound surrendered its intraday gains versus the dollar after Finance Minister Burnham kept critical fiscal details ambiguous, stoking fears of…