Indian Rupee erases recent gains as US and Iran fail to reach an agreement. What’s next?
FUNDAMENTAL
OVERVIEWUSD:The US dollar regained some ground as both Trump and Iran rejected the respective war-end ...
Market outlook for the week of 11th – 15th May
It’s a relatively light week ahead, as is typically the case following the NFP release, with the first relevant event ...
RBI said to be likely stepping into the market to try and limit the rupee’s fall
Reuters is noting that the Indian central bank is likely intervening in the FX market to limit the rupee’s drop ...
Japan’s energy subsidies and yen defence are on a collision course
Japan’s petrol subsidies are draining funds at 300bn yen a month while yen intervention nears IMF limits, putti ...
Futures aren’t open yet, but early FX is pointing to risk off gap
EUR down, AUD down, NZD down as examples. Yen hanging in there. Earlier:Iran state media says Iran wants sovereignty ...
Monday open indicative forex prices, 11 May 2026. USD bids.
Earlier:Iran said to table broad demands covering sanctions, war and securityThe prez says no:Trump says Iran’s ...
Dollar eases slightly on the day as risk mood holds steadier
There’s not too much happening on the session as markets are largely waiting on fresh leads from the US-Iran co ...
Japanese yen slowly erases intervention-driven gains as macro backdrop remains negative
FUNDAMENTAL OVERVIEWUSD:The US dollar regained some ground yesterday following renewed tensions in
the Strait of ...
Japan’s intervention efforts have not been all too impactful this time around
It was always going to be a tough one. Japan’s ministry of finance (MOF) know very well that they are going up ...
Japan intervened repeatedly in forex markets during May holidays, source says
Japan intervened in forex markets during early May holidays in addition to April 30 operations; BOJ data suggests tot ...
The Indian Rupee bounced strongly from record lows on renewed hopes for US-Iran war end
FUNDAMENTAL
OVERVIEWUSD:The US dollar weakened across the board again yesterday following several
positive ne ...
Japan has to be mindful of further interventions amid IMF warning – Credit Agricole
Let’s just paint some colour to the backdrop on this whole issue. Now, the IMF guidelines suggest that exceedin ...