Historical Currency Market News Stories
Fed Caution Holds Dollar; Rupee Faces India Risks!
The dollar steadied after Fed officials urged a cautious path on further cuts, keeping DXY near 97.3 and limiting big swings across G10 FX. Separately, India-specific headwinds — U.S. tariff measures and higher H‑1B fees — kept the rupee under pressure, pushing USD/INR toward recent highs despite a softer dollar.
Dollar Holds as Fed Speaks Loom; Rupee Slides Now!
In the past 24 hours the U.S. dollar broadly steadied as traders parsed an incoming roster of Federal Reserve speakers after the recent policy shift, while the Indian rupee softened following a surprise U.S. fee increase on new H‑1B visa applications that hit IT stocks and boosted dollar demand.
US Dollar Strength Squeezes Asia FX, Rupee Falls!!
A stronger U.S. dollar and firmer short‑term U.S. yields pushed most Asian currencies lower into the weekend, with India’s rupee among the notable laggards. Traders cite Fed guidance and await China’s loan prime rate decision as the next key catalyst.
Dollar Hits Asia; Pound Slides on UK Borrowing Rpt
A firmer U.S. dollar and rising Treasury yields pushed Asian currencies lower after mixed U.S. data and Fed signals, while a surprise UK borrowing overshoot knocked sterling and gilts — tightening the near‑term outlook for GBP.
Dollar Hits Asia; Pound Slides on UK Borrowing Rpt
A firmer U.S. dollar and rising Treasury yields pushed Asian currencies lower after mixed U.S. data and Fed signals, while a surprise UK borrowing overshoot knocked sterling and gilts — tightening the near‑term outlook for GBP.
BOJ Sells ETFs; Baht Intervention Tightens FX Now!
BOJ kept rates steady but signaled balance-sheet normalization by starting ETF/J‑REIT sales, lifting the yen and squeezing carry trades. Separately, the Bank of Thailand intervened to slow the baht’s rapid appreciation, flagging reserves and smoothing operations. Both moves reassess funding flows and raise near-term headline risk across carry-sensitive and Asia FX pairs.
BOJ Sells ETFs; Baht Intervention Tightens FX Now!
BOJ kept rates steady but signaled balance-sheet normalization by starting ETF/J‑REIT sales, lifting the yen and squeezing carry trades. Separately, the Bank of Thailand intervened to slow the baht’s rapid appreciation, flagging reserves and smoothing operations. Both moves reassess funding flows and raise near-term headline risk across carry-sensitive and Asia FX pairs.
Fed Cuts Rates, Signals More; BoC Lowers Loonie!!
The Fed trimmed interest rates by 25 bps and signaled further easing, yet the dollar firmed after a cautious tone from Chair Powell. Separately, the Bank of Canada cut 25 bps to 2.50%, pushing the Canadian dollar lower—key implications for USD majors and USD/CAD trading setups follow.
Dollar Slides; Euro Surges, Loonie Rallies on CPI!
USD weakness drove euro to multi‑year highs as markets price Fed easing. Canada’s softer‑than‑expected CPI briefly strengthened the loonie even as odds of a BoC cut rose. Key near‑term focus: FOMC outcome and USD direction.
Fed Board Confirmation Boosts USD; Lira Rallies FX
Stephen Miran’s narrow Senate confirmation to the Fed board lifted the dollar ahead of a key Fed meeting, while an Ankara court’s delay on a ruling eased political risk in Turkey and pushed the lira and Turkish stocks higher.
Fed Board Confirmation Boosts USD; Lira Rallies FX
Stephen Miran’s narrow Senate confirmation to the Fed board lifted the dollar ahead of a key Fed meeting, while an Ankara court’s delay on a ruling eased political risk in Turkey and pushed the lira and Turkish stocks higher.
Dollar Steady Pre-Fed; Rupee Stays Under Pressure!
The dollar held its footing as traders positioned for a busy week of central-bank decisions, while India’s rupee remained capped by tariff concerns, weak portfolio flows and expectations around U.S. rate guidance. Key Fed communications and RBI interventions are likely to drive short-term FX moves.
Dollar Slides; Rupiah Falls After Indonesia Move!!
US payroll weakness lifted Fed cut odds and sent the dollar lower, while Indonesia’s surprise finance‑minister replacement rattled investors and pressured the rupiah. The USD decline is broad, lifting commodity and EM currencies; IDR volatility is likely until policy credibility signals emerge.
Fed-Cut Odds Weigh on Dollar; Yen Plunges
US rate-cut expectations after softer jobs data pushed the dollar down across major pairs, while Japan's prime minister resignation drove a sharp yen selloff. Key near-term catalysts: US CPI and Japan leadership signals.
Dollar’s Fed Odds, Rupee Near 88: Key FX Triggers.
U.S. inflation expectations and bond yields set dollar direction this week, while USD/INR hovers near 88 as the RBI smooths volatility. Traders focus on upcoming U.S. CPI and labor data for rate‑cut timing and near‑term rupee moves.
US Jobs Miss: Dollar Falls, Canadian Loonie Slides
A much weaker-than-expected U.S. August payrolls report pushed Treasury yields and the dollar lower as traders ramped up Fed cut bets; separately, a sharp drop in Canadian jobs left the loonie lagging and boosted odds of a BoC easing. Short-term FX moves will hinge on rate-path repricing, yield action and oil.
Dollar Slips as Yields Fall; Yen Firms on Tariffs!
Treasury yields dropped to multi‑month lows and traders pushed odds of a September Fed cut higher, softening the dollar ahead of U.S. payrolls. Separately, a new U.S. order cutting auto tariffs on Japanese imports to 15% strengthened the yen and put downward pressure on USD/JPY.
Weak US Jobs Boost Fed-Cut Odds; AUD Rises on GDP!
Cooling US labor data pushed traders to price a near-certain September Fed rate cut, keeping the dollar under pressure. Separately, Australia’s stronger-than-expected Q2 GDP trimmed bets on RBA easing and gave the AUD a lift. Here’s what changed and the short-term implications for USD and AUD traders.
Yield Surge Lifts Dollar; BOJ Hints Yen Tighten Up
A selloff in long-dated government bonds pushed long yields higher and supported the US dollar broadly, while Bank of Japan Governor Ueda’s comments with Japan’s prime minister signaled possible policy tightening that keeps the yen in focus for FX traders.
Dollar Drops, Gold Tops Record, Rupee Firms Ahead!
US dollar weakness on rising Fed-cut odds pushed gold to a fresh record above $3,500, while the Indian rupee steadied near 88/USD after offshore position unwinds and a domestic equity rebound.