Historical Currency Market News Stories
Fed Easing Lowers Dollar Hedges; Yen Stays Guarded
Fed easing has reduced the cost of hedging dollar exposures, encouraging non‑U.S. investors to increase hedge ratios and potentially add dollar‑selling flows. Separately, a cautious BOJ tone and election timing have kept the yen sensitive, limiting further JPY gains.
Euro HICP 2.2% Lift; CAD Weakens on PMI Drop
Eurozone flash inflation rose to 2.2% y/y, reinforcing a firmer euro as ECB rate easing looks less likely. In Canada, manufacturing PMI slid to 47.7, increasing odds of a Bank of Canada rate cut and weighing on the loonie; USD/CAD spiked on the data and softer oil.
US Shutdown Pressures Dollar; RBI Holds Rupee Line
A U.S. government shutdown pushed the dollar lower amid uncertainty over data and Fed timing, while India's RBI repeatedly intervened to defend the rupee near 88.80 per USD — creating distinct trade opportunities across FX.
Dollar Slides on US Shutdown Risk; Rupee Near Lows
The U.S. dollar weakened after investors priced in the risk of a near-term federal government shutdown that could disrupt data flow, while the Reserve Bank of Australia’s pause lent some support to the AUD. Separately, the Indian rupee traded close to record lows amid capital outflows and active intervention by the RBI.
Dollar Slips Before U.S. Data; Rupee Nears Relief!
The U.S. dollar eased as markets brace for a packed U.S. data schedule and mounting risk of a government shutdown, while the Indian rupee showed early signs of stabilization after recent record lows ahead of the RBI decision.
US Shutdown Risk Boosts USD; Rand Loses Ground
A White House meeting to head off a U.S. government shutdown raised dollar demand by increasing data uncertainty, while stronger U.S. economic prints pushed the South African rand lower. Traders should watch headline risk around the funding deadline and U.S. data sensitivity for USD/ZAR.
US PCE Holds; South Korea Opens 24-Hour FX Trading
US August PCE matched expectations—headline +0.3% m/m, core steady at 2.9% y/y—prompting a modest dollar pullback. Separately, South Korea will expand onshore FX trading to 24 hours, a structural shift that can alter KRW liquidity and intraday volatility.
Dollar Strength Eyes PCE; Rupee Slides on Tariffs!
A firming U.S. dollar, driven by stronger data and trimmed expectations for Fed easing, has traders focused on the upcoming PCE inflation print. Separately, fresh U.S. tariff announcements have added near-term pressure on the Indian rupee, prompting talk of RBI intervention and rising NDF stress.
Dollar Strength Eyes PCE; Rupee Slides on Tariffs!
A firming U.S. dollar, driven by stronger data and trimmed expectations for Fed easing, has traders focused on the upcoming PCE inflation print. Separately, fresh U.S. tariff announcements have added near-term pressure on the Indian rupee, prompting talk of RBI intervention and rising NDF stress.
Fed Chair Uncertainty Boosts Dollar; INR Mixed Now
Treasury begins Fed chair interviews, lifting dollar risk premia and keeping markets cautious ahead of key U.S. data. Separately, the Indian rupee traded in a tight range as exporter selling and importer hedging offset each other; forward premia and equity outflows remain the key drivers for INR direction.
Powell's Two-Sided Stance Lifts USD; AUD Rebounds!
Fed Chair Powell's emphasis on a data-driven, two-sided outlook kept the dollar buoyant and curtailed directional FX bets, while a hotter-than-expected Australian CPI trimmed RBA easing odds and gave the AUD a lift against lower-yielding currencies.
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.