Section

Forex

Currencies, central banks, and FX flows.

Explore a bustling market street in Kyoto, showcasing local vendors and fresh produce.

Forex8 August 20264 min read

Yen Jumps as US and Japan Confirm Joint FX Intervention; Dollar Flat

The yen surged on confirmed joint currency intervention by Tokyo and Washington, the first such coordinated operation to buy yen since 1998. The dollar was flat against major peers as markets assessed the implications of the unprecedented move.

Diego Navarro

A view of a modern building in Tokyo with reflective glass and urban architecture.

Forex8 August 20265 min read

Tokyo and Washington Confirm Joint Yen Intervention as Currency Strengthens

Japanese authorities conducted a record single-day yen-buying intervention in April, and the U.S. joined in July for the first coordinated yen-support operation since 1998, pushing the yen higher and reshaping currency market dynamics.

Diego Navarro

Couple walking in lively Osaka night market with illuminated signs and lanterns.

Forex8 August 20263 min read

Yen Jumps on Weak US Jobs Data, Intervention Risk Lingers

The yen surged against the dollar Friday after a surprisingly weak U.S. employment report, with the dollar falling as much as 1.1% as traders remained alert to possible official intervention just one week after a rare coordinated U.S.-Japan action.

Elena Voss

Close-up of US dollar bills on a wooden table, representing finance and commerce.

Forex8 August 20263 min read

India's Forex Reserves Jump $10.5 Billion to $692.87 Billion, Highest in Two Months

India’s foreign exchange reserves surged $10.51 billion to a more than two-month high of $692.87 billion in the week ended July 31, driven by strong capital inflows and revaluation gains as the central bank resumed dollar purchases, RBI data released Friday showed.

Diego Navarro

Close-up of U.S. dollars and Bitcoin coins placed on a weekly budget planner, symbolizing modern finance.

Forex23 July 20264 min read

Dollar heads for weekly drop as inflation data cools rate-hike bets, Middle East tensions cap losses

The dollar was on track for a weekly decline Friday after a softer U.S. inflation report prompted traders to scale back expectations for near-term Federal Reserve rate hikes, while escalating conflict between Iran and the United States provided safe-haven support that limited the greenback’s fall.

Diego Navarro

A detailed close-up of Indian currency notes and coins, highlighting financial themes.

Forex23 July 20264 min read

RBI Sold $6.1 Billion in May to Defend Rupee as Iran War Sent Oil Soaring

The Reserve Bank of India sold a net $6.1 billion in the foreign exchange market in May, data showed Wednesday, as a sharp rise in oil prices linked to the Iran war drove the rupee to a record low of 96.96 per dollar. The central bank also ramped up forward dollar sales to a record $106.6 billion.

Thomas Whitaker

Forex22 July 20263 min read

Dollar Set for Weekly Drop as Traders Slash Rate Hike Bets After Soft Inflation Data

The dollar held steady on Friday but was poised for a weekly decline after a tame U.S. inflation report led traders to cut bets on imminent Federal Reserve rate hikes, even as intensifying Middle East clashes drove safe-haven demand for the greenback.

Diego Navarro

Forex22 July 20264 min read

Dollar Poised for Weekly Drop as Inflation Data Eases Rate Hike Bets

The dollar held steady on Friday but was set for a weekly decline after a tame U.S. inflation report led traders to cut bets on imminent Federal Reserve rate hikes, while escalating Middle East tensions offered safe-haven support.

Diego Navarro

Forex21 July 20264 min read

RBI Intervenes as Rupee Nears Record Low on Oil Surge, Geopolitical Tensions

The Indian rupee fell to a two-month low on Monday, prompting the Reserve Bank of India to sell dollars through state-run banks, as Brent crude breached $90 a barrel amid escalating US-Iran hostilities and risks to shipping through the Strait of Hormuz.

Diego Navarro

Bitcoin coins and a dollar bill symbolize digital and traditional currency trade.

Forex21 July 20264 min read

RBI Sells Dollars to Support Rupee as Currency Nears Record Low on Oil Surge

India’s central bank intervened in foreign exchange markets Monday after the rupee weakened to its lowest in two months, pushing it back from the brink of a record low as crude prices surged above $90 a barrel.

Diego Navarro

Forex21 July 20265 min read

RBI's $20B Swap Scheme Draws Strong Capital Inflows, Banks Eye Further Mobilisation

India's central bank has attracted $20.72 billion in foreign exchange under a special swap window since June 8, with FCNR(B) deposits accounting for the bulk of inflows, as the government sets ambitious mobilisation targets for state-run lenders.

Diego Navarro

Forex21 July 20265 min read

RBI Reports $20.72 Billion Mobilised Under Special Currency Swap Facility

India's central bank said Monday it has attracted $20.72 billion in foreign exchange inflows through a concessional swap window launched last month, with Foreign Currency Non-Resident (Bank) deposits accounting for the bulk of the funds.

Diego Navarro

High angle view of US 10 and 20 dollar bills on a black background, emphasizing finance and currency themes.

Forex20 July 20264 min read

Dollar Jumps on Renewed Middle East Attacks, Hormuz Closure Fears

The dollar surged against most major currencies Monday after U.S. and Iranian forces exchanged heavy missile and drone assaults over the weekend, with Tehran saying it had again closed the Strait of Hormuz. The escalation drove oil prices higher and fanned inflation fears, pushing forward bets on Federal Reserve rate hikes before the greenback later pared gains.

Diego Navarro

Forex19 July 20264 min read

Dollar Jump on Renewed Middle East Attacks, Hormuz Closure Fuels Inflation Fears

The dollar rose against most major peers on Monday as a weekend escalation of U.S.-Iran hostilities, including the renewed closure of the Strait of Hormuz, drove crude oil prices higher and reignited inflation concerns, boosting bets on Federal Reserve interest rate hikes. The yen slid after Japan indicated it had no imminent plans to alter state pension fund asset allocations.

Diego Navarro

Forex19 July 20264 min read

Dollar jumps as renewed Hormuz attacks fuel inflation fears and rate-hike bets

The dollar surged against most major currencies after weekend missile and drone strikes between U.S. and Iranian forces reactivated the Strait of Hormuz closure, sending oil prices sharply higher and boosting market expectations for two or more Federal Reserve rate hikes by December.

Diego Navarro

Forex19 July 20264 min read

Dollar Poised for Weekly Decline as Soft Inflation Data Overrides Safe-Haven Bids

The dollar held steady Friday but headed for a weekly loss after a tame U.S. inflation report slashed rate hike bets, even as escalating Middle East conflict drove safe-haven demand for the greenback.

Diego Navarro

Motocross rider leaps over the finish line during an exhilarating race in Teno, Chile.

Forex19 July 20265 min read

Karooooo Stock Jumps 13% on Q1 Revenue Beat, Record Subscriber Additions

Karooooo reported 34% year-over-year revenue growth and an 11% rise in earnings per share, topping Wall Street estimates and sending shares up nearly 13%. The company also posted record net subscriber additions of 142,472, driven by a 92% leap in South Africa.

Diego Navarro