Bessent and the Fed Pause Spark 1.8% Yen Surge, Erasing 8-Month Decline
Scott Bessent's call for a Fed rate cut and the central bank's extended pause fuel a 1.8% yen surge, erasing months of…
Scott Bessent's call for a Fed rate cut and the central bank's extended pause fuel a 1.8% yen surge, erasing months of…
ECB mandates digital euro app to surpass EU accessibility standards, marking incremental progress for the central bank digital currency that could boost…
The USD/JPY pair briefly surged past 160 before the Bank of Japan reportedly conducted a major yen-buying intervention and kept interest rates…
BOJ data show Japan's yen-buying intervention totaled ¥8.45 trillion, intensifying focus on yen resilience and its ripple effects across equities and the…
The U.S. dollar slumped to a three-month low against major peers, with DXY shedding 1.2%, as markets priced in a 70% probability…
A hotter-than-expected 2.6% Eurozone CPI reading, fueled by an oil price spike from US-Iran military strikes, forces the ECB to stay hawkish…
Colombia's central bank delivers an interest rate hike at the final policy meeting of President Petro's term, boosting the Colombian peso and…
BOJ holds rates steady; all eyes turn to Ueda’s presser for signals on the yen’s trajectory and the timing of Japan’s next…
The yen surged after Japan's Ministry of Finance intervened in the forex market again ahead of the BOJ meeting, driving USD/JPY lower…
The Banco Central de Bolivia announced it will buy and sell US dollars to stabilize the boliviano’s foreign exchange rate, intervening directly…
China's warning to Treasury Secretary Bessent over restrictive US trade measures reignites US-China trade war fears, lifting safe-haven gold and pressuring Chinese…
Nigeria's central bank plans to adopt an inflation targeting regime by 2028, a move expected to strengthen the naira and Nigerian bonds…