Historical Currency Market News Stories
Japan Warns on Yen; India Rupee Forwards Surge Now
Japan's finance minister signaled readiness to act after a sharp USD/JPY rise, raising intervention risk as the yen nears 160. Meanwhile, India’s one‑year rupee forward premium jumped to a three‑year high, driven by year‑end hedging and dollar demand—raising costs for importers and altering hedging strategies.
Japan Warns Yen Intervention; Korea Backs Won
Japan’s finance minister signaled readiness to intervene if the yen’s slide becomes ‘excessive’, stabilizing USD/JPY sentiment. South Korea’s central bank announced targeted liquidity and regulatory measures to support the won. Both moves recalibrate FX risk and flows across currencies.
South Korea Acts to Steady Won; Taiwan Loosens FX.
South Korea’s central bank and government announced a package of measures to boost dollar supply and stabilise the won after a sharp depreciation. Taiwan relaxed rules on exporters’ dollar sales to alleviate pressure on the Taiwan dollar. Both moves are operational, aimed at improving FX liquidity without broad policy shifts.
Indonesia FX Rule Forces Exporters to Hold Dollars
Indonesia will require resource exporters to keep foreign-currency revenues onshore for at least a year and will issue FX-denominated instruments, tightening dollar supply and supporting the rupiah. Separately, a Japan–Indonesia pact to expand yen–rupiah trade settlements nudges regional currency trading away from the dollar.
U.S. Jobs Slip Weakens Dollar; RBI Halts INR Fall.
A surprising rise in U.S. unemployment pushed the dollar lower, nudging traders toward riskier currencies and pressuring Treasury yields. Simultaneously, the Reserve Bank of India intervened aggressively to stop a sharp rupee slide, selling dollars in spot and NDF markets. This note explains the drivers, immediate FX reactions, and practical implications for major pairs and INR traders.
Forint Surge, Rupee Slide: FX Flows Rewrite Plays!
Rapid FX swings this week—led by a sharp forint rally and record rupee weakness—are being driven by flow dynamics, changing dollar positioning and shifting investor appetite. Traders should focus on carry opportunities, NDF maturities, and potential central-bank responses as volatility reshapes currency allocations.
Fed Pause Sends Dollar Lower; Gold & Copper Surge!
A Fed 'pause' and dovish outlook weakened the US dollar, fueling sharp gains in gold and industrial metals. Rising commodity prices and safe-haven demand are reshaping FX flows, while the Indian rupee hit a record low amid heavy foreign outflows and policy uncertainty.
CAD Rally Deepens; Yuan Reaches 13-Month Peak Now!
Canadian dollar gains on Bank of Canada–Fed policy divergence while the Chinese yuan hits a 13-month high as PBOC guidance, year-end flows and Fed cut bets lift the currency.
Dollar Slides as Fed Cuts; Rupee Hits Record Low
The US dollar weakened after the Federal Reserve cut rates and signalled a dovish path, pushing the USD toward a third consecutive weekly decline. India’s rupee tumbled to a record low even as forex reserves rose modestly, raising prospects of RBI intervention to stabilise the currency.
Dollar Slides After Dovish Fed; Rupee Hits Record.
The U.S. dollar weakened after Fed officials signaled a dovish stance, pushing the dollar index lower and boosting risk assets and gold. Meanwhile the Indian rupee plunged to a fresh record amid trade tensions and sustained foreign outflows, forcing limited RBI intervention.
Fed Dovish Turn Weakens Dollar; Won Faces Pressure
A Fed-driven pivot and surprise T-bill purchases pushed the dollar lower, lifting pairs like EURUSD. Separately, a weakening South Korean won and comments from a Bank of Korea official highlighted rising EM FX stress and possible domestic interventions.
ECB-Fed Split Boosts EUR; Won Intervention Alert!!
Monetary-policy divergence between the ECB and the Federal Reserve is shifting FX flows—supporting a stronger euro and pressuring the U.S. dollar—while the Bank of Korea warns of action as the won slides, with potential offshore bond issuance and coordinated measures on the table.
Euro Strength Forces ECB Rethink; AUD Edges Up Now
The euro's sharp real-effective appreciation has pushed it to multi-year highs and is prompting economists to warn the ECB may need to shift policy. Meanwhile, the RBA's decision to hold rates buoyed the Australian dollar and highlights how local policy and exogenous shocks are shaping specific currency moves.
Dollar Sags on Fed Cut Odds; Iran Rial Collapses
As Fed rate‑cut odds firm, the U.S. dollar eased ahead of the December Fed decision, creating cross‑pair moves; separately, Iran’s rial plunged to record lows amid sanctions and policy shifts, intensifying domestic inflationary pressure.
Fed Rate-Cut Odds Lift USD; Rupee Falls Below 90!!
Fed rate-cut expectations and shifting investor positioning pushed the U.S. dollar higher, while the Indian rupee slid past the 90-per-dollar mark amid capital outflows and trade pressures. This article breaks down the drivers, near-term implications for major pairs, and what traders should watch next.
OECD Signals End to Rate Cuts; Damages Easing Bets
The OECD’s new outlook signals that major central banks are near the end of their rate‑cut cycles, supporting a firmer dollar and reducing upside for dovish-linked currencies. Separately, India’s RBI cut rates and injected liquidity — including a $5bn dollar‑rupee swap — to counter rupee weakness, providing short‑term support but leaving structural pressures intact.
Dollar Slide Spurs Commodity FX Rally; Pound Up
A sharp drop in the U.S. dollar as Fed rate‑cut expectations rise has driven rallies in commodity-linked currencies and the euro. Separately, sterling gained after the UK budget calmed fiscal worries and improved activity data, though BoE rate-path risks could limit further upside.
Dollar Outlook Falters; Indian Rupee At Record Low
A Reuters poll shows growing disagreement among FX strategists over the U.S. dollar’s path as markets price a high probability of a December Fed rate cut. At the same time, the Indian rupee plunged to a fresh record low amid steep U.S. tariffs and capital flow pressures, sending forward premia and hedging costs sharply higher.
Dollar Slides; Indian Rupee Falls Past 90 Mark Now
The US dollar dropped for a ninth straight session as markets price in imminent Federal Reserve rate cuts, while the Indian rupee tumbled past 90 to the dollar amid heavy capital outflows and a widening trade deficit. The combined developments are reshaping cross-currency flows and prompting targeted central-bank responses.
Dollar Tumbles Fed Cut Odds Surge; KZT Goes Crypto
The US dollar fell sharply as markets increasingly price a Fed rate cut in December, marking its worst week since July. Separately, Kazakhstan plans to allocate $50–300m of FX reserves to crypto, a move that could influence the tenge and emerging-market sentiment.