Foreign exchange markets and global currency movements.
Coverage of currency markets including major pairs, central bank actions, interest-rate differentials, and geopolitical influences. This section highlights trends in FX markets that impact global trade, inflation, and cross-asset correlations.
135 total articles
South Korea's promised $350 billion investment in strategic U.S. industries, part of a bilateral trade agreement, is not expected to commence within the first half of 2026. Finance Minister Koo Yun-cheol indicated slower initial outflows due to required procedural steps and expressed concerns over the weakening won's impact on currency stability. T…
South Korea’s commitment to invest $350 billion in strategic U.S. industries under a bilateral trade agreement is expected to begin later than the first half of 2026, according to Finance Minister Koo Yun-cheol. Escalating depreciation pressures on the South Korean won and pending U.S. tariff rulings contribute to cautious outlooks for immediate ou…
Asian currencies showed limited movement on Friday as the U.S. dollar remained steady near a six-week high, bolstered by robust U.S. economic data that diminished expectations for imminent Federal Reserve rate reductions. The yen recovered modestly following government warnings against sharp depreciation, while other regional currencies exhibited m…
Asian currencies exhibited limited movement on Friday, with the US dollar maintaining strength close to a six-week high following robust US economic indicators. Data reflecting a strong labor market has encouraged markets to delay anticipation of Federal Reserve rate reductions. Meanwhile, the Japanese yen stabilized after policy makers issued warn…
Most Asian currencies remained range-bound Friday as the U.S. dollar sustained its position close to a six-week peak. Robust U.S. labor data diminished hopes for imminent Federal Reserve interest rate reductions. The Japanese yen rebounded modestly following government warnings against rapid depreciation, while other Asian currencies showed margina…
Asian currencies mostly traded within narrow bands as strong U.S. labor market data strengthen expectations that the Federal Reserve will maintain current interest rates for the near term. The U.S. dollar remains close to a six-week high, while the Japanese yen steadies slightly after government intervention to prevent further decline. Other major …
Asian currencies mostly traded within limited ranges, supported by steady U.S. dollar levels as recent U.S. labor market data and Federal Reserve officials' comments suggest a pause in interest rate reductions. The Japanese yen marginally rebounded following government intervention, while other Asian currencies showed mixed but generally stable per…
Bank of America projects a rebound for the Korean won against the U.S. dollar by the end of 2026, with a forecasted rate of 1,395 USD/KRW, despite present depreciation pressures. The forecast underscores ongoing outflows driven by retail investors holding significant U.S. tech stocks, prompting Korean government interventions such as capital gains …
Bank of America anticipates a strengthening of the Korean won against the U.S. dollar by the end of 2026, projecting a USD/KRW rate of 1,395. Current depreciation pressures remain, fueled mainly by significant outflows from retail investors. The Korean government's recent capital gains tax reduction on foreign equities aims to alleviate these outfl…
Bank of America projects the Korean won will regain strength against the U.S. dollar by the end of 2026, anticipating a USD/KRW exchange rate of 1,395 despite ongoing depreciation pressures. The bank identifies retail investor outflows as the primary cause of weakness and highlights recent government tax reforms aimed at mitigating capital flight. …
Bank of America anticipates an appreciation of the Korean won against the U.S. dollar by the end of 2026, forecasting a USD/KRW exchange rate of 1,395. Despite current depreciation pressures driven largely by significant retail investor outflows, recent government policy adjustments, including a capital gains tax reduction on foreign equity sales, …
Bank of America projects the Korean won will gain strength against the U.S. dollar by the end of 2026, forecasting a USD/KRW exchange rate of 1,395. This outlook emerges despite ongoing downward momentum for the currency and recent government interventions aimed at curbing portfolio outflows. The bank highlights sustained large-scale sell-offs by r…
The U.S. dollar rebounded modestly after a challenging start to the week, buoyed by encouraging economic signals and federal policymakers' comments indicating a reduced likelihood of immediate rate cuts. Simultaneously, the British pound inched higher, supported by November economic growth surpassing expectations. Conversely, the euro slipped amid …
The US dollar strengthened modestly Thursday, rebounding from earlier weekly losses as prospects for Federal Reserve interest rate cuts diminished. Economic indicators from the US showed elevated producer prices and retail sales, reinforcing dollar demand. Meanwhile, the euro slipped following diplomatic disagreements involving the US and Greenland…
The U.S. dollar demonstrated modest gains, reversing earlier losses as market expectations for Federal Reserve rate reductions diminished. Economic data revealing stronger producer prices and retail sales supported the currency's advance. Conversely, the euro faced pressure after diplomatic tensions surfaced concerning Greenland. Meanwhile, the Bri…
The U.S. dollar has steadily regained strength after a volatile start earlier in the week, with expectations of Federal Reserve rate cuts diminishing due to resilient economic data. Retail sales and producer price increases in the United States bolstered the currency, while European and Asian currencies exhibited varied movements driven by geopolit…
The U.S. dollar demonstrated a modest increase on Thursday, recovering from earlier losses influenced by political tension and monetary policy concerns. Strong U.S. economic data and signals from the Federal Reserve suggesting a reduced likelihood of rate cuts supported the dollar’s rebound. In Europe, the euro saw minor declines linked to diplomat…
The British pound is predicted to decline further against the euro, even as recent UK economic indicators show improvement. Enhanced GDP figures and a more optimistic housing market have been reported, but currency analysts see potential for continued sterling weakness amid market positioning and upcoming inflation data.
Despite encouraging data from the UK showing growth in GDP, industrial production, and housing market confidence, the British pound is expected to experience additional downward adjustment against the euro. Analysts highlight ongoing market underweight positions in sterling and upcoming inflation data as factors that could drive further currency mo…
Despite encouraging economic data from the UK, the British pound is expected to experience further downward adjustment against the euro. Positive indicators in GDP growth, industrial production, and housing market optimism contrast with market positioning that favors additional sterling weakness. ING analysts highlight the likelihood of continued p…
Recent UK economic data reveals unexpected strength in GDP and industrial production, accompanied by improving sentiment in the housing market. However, sustained underweight positioning by asset managers suggests ongoing vulnerability for the British pound against the euro. ING forecasts a continuation of the sterling correction with further depre…
The UK economy showed encouraging signs with November GDP and industrial output surpassing expectations, alongside a more upbeat housing market. Despite these positives, the British pound remains under pressure against the euro, with analysts forecasting further depreciation and earlier-than-expected monetary policy easing by the Bank of England.
Asian currency markets exhibited relative stability on Thursday, with the Japanese yen hovering near its lowest level in 18 months due to concerns over a possible snap election. Meanwhile, the South Korean won retreated after a temporary gain triggered by supportive remarks from U.S. Treasury Secretary Scott Bessent. The U.S. dollar index remained …
Asian currency markets showed limited movement with the Japanese yen nearing its lowest level in 18 months due to speculation of a snap election and debates over fiscal policies. The South Korean won experienced a reversal of earlier gains after comments from U.S. Treasury Secretary Scott Bessent, while other regional currencies remained relatively…
Asian currency markets exhibited limited movement Thursday, with the Japanese yen hovering near its lowest in a year and a half amid speculation over a potential snap election. Meanwhile, the South Korean won gave back some of its recent gains following U.S. Treasury remarks supporting the currency. The U.S. dollar remained steady near recent highs…
