Dip in the dollar takes a breather with Fed in focus
A downdraft in the dollar took a pause on Thursday as investors began hunkering down ahead of a…
IMF lifts 2026 global growth forecast but resilience is nearing limits
A motorcycle rides past a banner ahead of the annual meetings of the International Monetary Fund (IMF) and…
Singapore PM Wong rejects weakening currency for competitiveness
Singapore’s Prime Minister Lawrence Wong. Vincent Thian | Afp | Getty Images SINGAPORE — Singapore Prime Minister Lawrence…
Yen appreciation has carry-trade seekers looking at two currencies
Japanese 10000 yen, 5000 yen and 1000yen banknotes arranged in Tokyo, Japan, on Wednesday, Oct. 8, 2025. Toru…
Bessent attacks Warren over yen intervention, offers ‘FX for Dummies’
Treasury Secretary Scott Bessent, left, and Sen. Elizabeth Warren, D-Mass. Getty Images Treasury Secretary Scott Bessent unleashed a…
New Delhi draws in $73 billion in 11 weeks, powered by special deposits for non-resident Indians
The U.S. dollar was on the defensive early on Wednesday after comments from Federal Reserve Chair Jerome Powell bolstered wagers…
Japanese yen, U.S. dollar: why the U.S.-Japan intervention not working
The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies…
Kenya caps carbon credit exports in bid to protect its own climate targets
NAIROBI, Kenya (AP) — Kenya has introduced a cap on the amount of carbon emissions credits it will…
Japan yen intervention: why the U.S. stepped in
The coordinated intervention was the first U.S.-Japan joint operation to buy yen since 1998. Manuel Augusto Moreno |…
US dollar weakens sharply against the Japanese yen
TOKYO (AP) — The U.S. dollar weakened sharply Monday against the Japanese yen after U.S. President Donald Trump…
Need backup power? Automakers want you to use their vehicles in your driveway
DETROIT (AP) — Winter Storm Uri, the multiday freeze that slammed Texas in February 2021 and pummeled the…
Dollar near 2-week low as rate-hike bets fall, embattled yen in focus
The U.S. dollar steadied near a two-week low on Monday as investors scaled back bets on a Federal…