Historical Currency Market News Stories
Yen Hits ¥154.45—Tokyo Warns of Intervention Risk!
The yen plunged to ¥154.45 against the dollar, prompting Tokyo to warn about rapid one‑sided moves and raising the specter of FX intervention as the BOJ stays dovish while the Fed cools cut expectations.
Central Banks Accelerate Shift From the US Dollar!
Central banks are noticeably trimming dollar holdings while Argentina boosts yuan usage for imports, accelerating changes in reserve flows and trade settlement that are reshaping currency demand.
Dollar Rally Pressures Pairs; India Reserves Fall
A broad US dollar rally, driven by recent central-bank signals and yield differentials, is pressuring major FX pairs. Separately, India’s forex reserves slid roughly $6.9bn, raising near‑term pressure on the rupee and reducing policy buffers.
Fed and BoC Cut Rates; Loonie Up, Dollar Weakens!!
The Fed and Bank of Canada both trimmed policy rates by 25 bps, driving a weaker US dollar and firmer Canadian dollar. Hong Kong’s HKMA matched the Fed cut to preserve the HKD peg, prompting immediate bank prime-rate adjustments. The coordinated moves reshaped short-term carry and liquidity flows across major FX pairs.
Central Bank Alerts: Fed & BoC Spark FX Jolt Today
A packed central-bank schedule — with the Federal Reserve and Bank of Canada issuing policy updates today and the Bank of Japan and ECB set to follow — has lifted FX volatility. Traders should focus on rate guidance and cross‑currency reactions, while no single-country news dominated the last 24 hours.
Yen Strengthens, Eases Policy Fears - Dollar Falls
The yen strengthened after officials quelled intervention concerns, easing safe-haven flows and pressuring the dollar, which also softened on renewed U.S.–China trade optimism. Traders adjusted positions across major pairs as risk appetite improved and Japan signalled policy stability.
Dollar Slides on US-China Deal Hopes; GBP Poised!!
Risk-on sentiment from improved U.S.–China trade talks pushed the dollar lower across major pairs, while sterling faces near-term pressure after mixed UK CPI and retail data that support a short bias on GBP/USD.
US CPI Miss Spurs Dollar Drop; Yen Extends Slide!!
A softer-than-expected U.S. CPI reading rekindled Fed cut bets, trimming Treasury yields and weighing on the dollar; USD/JPY jumped as yield differentials widened, pushing the yen lower.
Dollar Rises Ahead of CPI; Yen Slides Again Today!
The U.S. dollar gained ground as markets awaited the delayed U.S. CPI print, a data point that could alter Fed policy expectations. Meanwhile, the yen weakened despite Japan reporting stronger core inflation, underscoring cross-currency and policy-driven dynamics.
U.S. Intervenes for Peso; Yen Slides on Leadership
A rare U.S. FX intervention aimed at stabilizing the Argentine peso has stirred cross-border FX attention, while Japan’s leadership change pushed the yen lower—reshaping short-term FX flows and risk pricing.
IMF Flags FX Liquidity Risk; Yen Faces Pressure Now
The IMF warned that FX liquidity is fragile despite $9.6tn in daily turnover, urging stronger bank buffers and expanded swap lines. Separately, Japanese officials signaled concern as the yen slid, hinting at closer monitoring and possible action if moves become disorderly.
ECB Warns of Dollar Funding Risk; Yen Jitters Rise
ECB chief economist flagged vulnerabilities from U.S. dollar funding strains that could widen FX funding spreads and lift the dollar. Separately, a reported Japanese leadership choice prompted a sharp yen reaction as traders priced potential policy shifts. Traders should monitor cross-currency swap spreads, the dollar index, USD/JPY levels and any official follow-up from central banks or Japan’s MOF/BoJ.
Fed Cut Odds Boost FX Risk-On; Rupee Anchored Now!
Fed‑cut expectations and stronger China data pushed risk appetite and pressured the USD, while RBI dollar sales capped INR weakness around the 88 level.
US Bank Jitters Weaken USD; RBI Steps In for Rupee
U.S. regional-bank stress pushed Treasury yields lower and dented the dollar, boosting safe havens. Separately, the Reserve Bank of India sold dollars pre-market to support the rupee, tightening USD/INR ranges and option skew.
Japan Urges FX Vigilance; RBI Buys Dollars for INR
Japan told G7 partners to watch and curb excessive FX swings after a sharp yen drop, signaling potential intervention risk that reverberates across currencies. Separately, the Reserve Bank of India sold large amounts of dollars via state banks, helping the rupee rally about 0.8% and reducing one‑sided short positions on INR.
Powell Dovish Shift Weakens USD; RBI Bolsters INR!
Fed Chair Jerome Powell signaled a dovish tilt—flagging downside risks to hiring and leaving the door open for further rate cuts and a pause in balance-sheet runoff—triggering dollar weakness and lower short-term U.S. yield expectations. Separately, the Reserve Bank of India executed aggressive pre-open dollar sales via state-run banks, pushing the rupee sharply stronger and squeezing dollar-long positions. The two events combined to lift risk-sensitive currencies and reshape near-term FX positioning: a softer USD from Fed comments and targeted FX defense from the RBI for the INR.
Fed Cut Pressure on Dollar; Japan Flags Yen Moves!
Markets are pricing an almost‑certain Fed rate cut, pressuring the U.S. dollar across G10 pairs, while Japan’s finance ministry warns it will monitor and act against excessive yen moves—raising short‑term JPY volatility and intervention risk.
Tariff Shock Boosts Dollar; RBI Calms Rupee Today!
U.S. tariff announcement drove a risk-off swing that pushed the dollar higher and pressured commodity-linked currencies, while reported RBI intervention subdued recent INR volatility around the 88.80 level.
US CPI Stays Scheduled; RBI Caps INR at 88.8 Oct24
U.S. consumer-price data (September CPI) will be released on Oct. 24 despite the federal shutdown, keeping a major USD volatility event on the calendar. Separately, the Reserve Bank of India has been actively selling dollars to cap USD/INR around 88.80, suppressing rupee volatility and shaping flows.
US CPI Stays Scheduled; RBI Caps INR at 88.8 Oct24
U.S. consumer-price data (September CPI) will be released on Oct. 24 despite the federal shutdown, keeping a major USD volatility event on the calendar. Separately, the Reserve Bank of India has been actively selling dollars to cap USD/INR around 88.80, suppressing rupee volatility and shaping flows.