Indian Rupee sinks to new record lows and consolidates: US-Iran remains the main driver
FUNDAMENTAL
OVERVIEWUSD:The US dollar regained some ground this week as US and Iran rejected the
respective w ...
USD/JPY flirts with a key upside breakout as yen’s intervention-led gains continue to fade
FUNDAMENTAL OVERVIEWUSD:The US dollar regained some ground this week as US and Iran rejected the
respective war-e ...
South Korean Fin Min says KRW volatility is excessive compared with economic fundamentals
South Korean Finance Minister says KRW volatility is excessive compared with economic fundamentals.Add then that adds ...
USD/JPY nudges back up towards 158.00 mark as dollar holds firmer on the week
There’s not much else to say that we haven’t said already when it comes to the yen currency. The struggle ...
Goldman Sachs sees broad dollar strength as energy shock keeps yields elevated
Goldman Sachs says the energy price shock will keep US yields elevated and drive broad dollar strength across G10, wi ...
Goldman Sachs says yuan 20% undervalued, lifts forecasts to 6.50 in a year
Goldman Sachs says the yuan is more than 20% undervalued against the dollar and has upgraded its forecasts to 6.80 in ...
USD/JPY rebounds into a key resistance as interventions can’t stop yen’s slide
FUNDAMENTAL OVERVIEWUSD:The US dollar regained some ground at the start of the week as both Trump
and Iran reject ...
US, Japan both believe forex volatility is undesirable – Bessent
In very close contact with Japan’s ministry of financeWe both believe forex volatility is undesirableJapan econ ...
A quick drop in USD/JPY before bouncing back up
Looking at the price action, I’m not very inclined to chalk this up to another intervention round. That being s ...
US, Japan maintains robust coordination in dealing with FX market volatility – Bessent
Bessent comments on Twitter/X:”In my meeting with Minister @satsukikatayama , I was pleased to reaffirm the str ...
Japanese yen starting to slip away again, will Tokyo officials step in?
Japan is estimated to have spent over $60 billion in intervening in the market recently and they don’t have ver ...
EUR/USD remains rangebound amid the prolonged US-Iran stalemate and widely expected hikes
FUNDAMENTAL
OVERVIEWUSD:The US dollar regained some ground as both Trump and Iran rejected the respective war-end ...