News
Important Only
Japan remains vigilant against forex moves, finance ministry says
TOKYO, Oct 10 (Reuters) - Japanese Finance Minister Katsunobu Kato said on Friday that the government will remain vigilant against excessive volatility in the foreign exchange market as the yen remained under pressure over fiscal concerns."We have been recently seeing one-sided, rapid moves on t...Reuters
Fri, Oct 10
Japanese Yen hangs near eight month low against USD amid fiscal concerns and BoJ outlook
The Japanese Yen (JPY) recovers slightly after touching a fresh low since February 13 against a broadly firmer US Dollar (USD) during the Asian session on Friday, though the upside potential seems limited.
Fxstreet
Fri, Oct 10
Australian Dollar receives support from RBA Bullock’s cautious remarks
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, recovering its recent losses registered in the previous session. The AUD/USD pair gains ground following the cautious remarks from the Reserve Bank of Australia (RBA) Governor Michele Bullock.
Fxstreet
Fri, Oct 10
Australia, New Zealand dollars lose to greenback, but gain on yen
SYDNEY, Oct 10 (Reuters) - The Australian and New Zealand dollars looked to be heading for a weekly loss on Friday as their U.S. counterpart benefitted from a broad rally, though the Aussie could still celebrate its best week against the Japanese yen in more than a year.Even the battered kiwi made s...Reuters
Fri, Oct 10
EXPLAINER-How Singapore's unique monetary policy works
By Xinghui Kok SINGAPORE, October 10 (Reuters) - Singapore's central bank has a unique method of managing monetary policy, tweaking the exchange rate of its dollar instead of changing domestic interest rates like most other economies.The Monetary Authority of Singapore (MAS) sets the path of ...Reuters
Fri, Oct 10
FOREX-Yen heads for sharpest weekly fall in a year as rate hike wagers recede
Takaichi's fiscal policies and BOJ views in focus Markets reduce bets of another hike from BOJ, yen at 153/dollarFrench political quagmire leaves euro at two-month lowsU.S. dollar on pace for best week in a year By Ankur Banerjee SINGAPORE, Oct 10 (Reuters) - The yen was set for its steepest ...Reuters
Fri, Oct 10
NZD/USD recovers to near 0.5750 as US government shutdown continues
The NZD/USD pair recovers some lost ground near 0.5750, snapping the three-day losing streak during the early Asian trading hours on Friday. Ongoing US government shutdown undermines the US Dollar (USD) against the New Zealand Dollar (NZD).
Fxstreet
Fri, Oct 10
US Treasury's Bessent insists that Argentina financial aid is not a bailout
WASHINGTON, Oct 9 (Reuters) - U.S. Treasury Secretary on Thursday denied that the Trump administration's financial assistance for Argentina is a bailout, saying that no money was being transferred to Buenos Aires from the Treasury's Exchange Stabilization Fund."It's not a bailout at ...Reuters
Thu, Oct 9
USD/JPY gathers strength above 153.00 on stronger US Dollar
The USD/JPY pair extends the rally to around 153.05 during the early Asian session on Friday, bolstered by a firmer US dollar (USD). The Greenback edges higher to its highest since February against the Japanese Yen (JPY) amid the lack of progress around the US government shutdown.Fxstreet
Thu, Oct 9
EUR/USD crashes below 1.16 as political turmoil in France, boost USD
The EUR/USD tumbles below the 1.1600 figure, losing over 0.50% as the US Dollar extended its weekly rally, posting gains of more than 1.70% against a basket of six currencies, the DXY, sponsored by a risk-off mood.
Fxstreet
Thu, Oct 9
Brazil's central bank to auction up to $1 billion with repurchase deal on Oct. 13
SAO PAULO, Oct 9 (Reuters) - Brazil's central bank will offer up to $1 billion through two dollar auctions with repurchase agreements on October 13, the monetary authority said in a statement on Thursday.The simultaneous auctions aim to roll over contracts maturing on November 4, and will start ...Reuters
Thu, Oct 9
INSTANT VIEW-US purchased Argentine pesos after finance officials meet, Bessent says
Oct 9 (Reuters) - The United States purchased Argentine pesos and finalized a $20 billion currency swap framework with Argentina's central bank after a meeting between the two countries' top finance officials in Washington this week, U.S. Treasury Secretary Scott Bessent said on Thursday.The...Reuters
Thu, Oct 9
Citi is going long Argentina BONTE 30 after U.S. Treasury intervention
LONDON, Oct 9 (Reuters) - Citi said on Thursday it was going long into Argentina's BONTE 30 bonds following intervention by the U.S. Treasury to shore up the country's currency, adding it saw room for local assets to continue gains ahead of a key legislative vote. "Markets rally not only...Reuters
Thu, Oct 9
INSTANT VIEW-US purchased Argentine pesos after finance officials meet, Bessent says
Oct 9 (Reuters) - The United States purchased Argentine pesos and finalized a $20 billion currency swap framework with Argentina's central bank after a meeting between the two countries' top finance officials in Washington this week, U.S. Treasury Secretary Scott Bessent said on Thursday.The...Reuters
Thu, Oct 9
FOREX-Yen weakest since mid-February, euro drops
Takaichi says doesn't want to trigger excessive decline in yenEuro pressured by French political uncertainty and budget challengesFed's more hawkish tone helps to lift dollar By Karen Brettell NEW YORK, Oct 9 (Reuters) - The Japanese yen fell to its weakest level against the dollar since ...Reuters
Thu, Oct 9
US purchased Argentine pesos after top finance officials meeting, Bessent says
Oct 9 (Reuters) - The United States purchased Argentine pesos and finalized a $20 billion currency swap framework with Argentina's central bank after a meeting between the two countries' top finance officials in Washington this week, U.S. Treasury Secretary Scott Bessent said on Thursday....Reuters
Thu, Oct 9
