Why Japan’s intervention and a rate hike didn’t prop up the yen more
The yen rose on Monday, helped by comments from Bank of Japan Governor Kazuo Ueda who left the…
Wall Street banks and foreign borrowers are rushing to tap China’s cheap money
SHENZHEN, CHINA – APRIL 12: A Chinese national flag is seen in the foreground with container ships, cranes,…
Indonesia raises rates in surprise move as rupiah lingers near record lows
A bundle of Indonesian rupiah and US dollar banknotes arranged at a currency exchange office in Jakarta, Indonesia,…
Dollar firms after strong U.S. jobs data, pushes yen through 160 level
The yen tested the 160 barrier on Friday, prompting pushback from Japanese officials, while the U.S. dollar is…
Central banks offload U.S. Treasurys; China holdings at 18-year low
The U.S. Treasury Department building in Washington. Saul Loeb | Afp | Getty Images Foreign governments cut U.S.…
Japan’s battle against the weak yen is colliding with economic reality
While authorities have typically refrained from immediately confirming currency interventions, they usually issue warnings beforehand — an intentional,…
Central banks were buying gold at record levels. Why are they selling now?
Gold’s pullback is exposing a rare shift in the market: after years of relentless accumulation, some central banks…
Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself
A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across…
Dollar drops on Iran war de-escalation hopes
The dollar fell Tuesday on hopes of an end to the U.S.-Israel war with Iran, though it remained…
War sets dollar for monthly rise, yen recovers on intervention threat
The dollar headed for its biggest monthly gain since July on Tuesday as war in the Mideast has…
Dollar heads for weekly drop as central banks turn hawkish
The dollar slid Friday as soaring energy prices rattled global rate expectations, with the Fed the lone major…
Dollar set for steepest weekly gain in a year as Iran crisis boosts haven demand
The U.S. dollar held broadly steady in Asian trade on Friday and was poised for its steepest weekly…