The dollar hovered near two-year highs against a basket of major currencies today after meeting minutes…
Category: TREASURY/FX
USD EDGES HIGHER AHEAD OF PAYROLLS, RESUMES CLIMB VS YEN
The dollar extended a rebound versus major peers today, also resuming its rally against the yen,…
WEAKENING YEN en ADDING PRESSURE TO CHANGE POLICY
As the Yen rapidly depreciates above USDJPY=120, the unintended consequences of the Bank of Japan (BoJ)’s…
FED WILL RAISE RATES MORE AGGRESSIVELY IF NEEDED, POWELL SAYS
The US central bank must move “expeditiously” to bring too-high inflation to heel, Federal Reserve Chair Jerome…
TRADERS WATCHING FOR 3 MAJOR EVENTS COVERING US$3.5 TRILLION
Wall Street traders are bracing for fresh equity-market fireworks Friday after another week of global turbulence.In…
EURO JUMS AS RUSSIA SEES GLIMMER OF HOPE FOR COMPROMISE WITH UKRAINE
The euro jumped today and was set for its third consecutive daily gains versus the dollar…
US FED RAISES RATES FOR THE FIRST TIME SINCE 2018
Fed raises rates by a quarter percentage point from near zero as central bank struggles with…
YUAN SPIKES AFTER SAUDIS REVIEW THE USE OF RMB FOR OIL
The outbreak of the Ukraine war and the swath of sanctions imposed on Russia as a…
YEN SLIPS TO 5-YR LOW AS RATES RISE
The dollar hit a five-year high against the yen today, as traders braced for the US…
MALAYSIA KEEPS RATE LOW AT RECORD-LOW, WARNS OF GLOBAL RISKS
Malaysia kept its benchmark interest rate at a record low to support its nascent recovery, though…