Dollar steadies as Fed cements higher rates outlook

The US dollar held steady on Wednesday after Federal Reserve officials reinforced expectations that interest rates will remain elevated for longer than previously anticipated by markets. In a series of comments on Tuesday, top Fed … Read more

Dollar climbs as Fed rate cut bets recede- again

Once again, markets are abuzz over prospects of the Federal Reserve potentially holding off on interest rate cuts for longer than initially anticipated. The U.S. dollar has continued powering higher on Tuesday, hovering near a … Read more

DXY: Dollar strengthens as SNB surprises with rate cut

Central bank bombshells rocked currency markets this week, with the Swiss National Bank’s unexpected interest rate reduction sending the franc into a tailspin against major peers. The SNB’s dovish pivot triggered the franc’s sharpest daily … Read more

USD/JPY: Yen surges on BOJ pivot speculation

The Japanese yen (JPY) rallied to a one-month high against the US dollar (USD) on Thursday, fueled by growing speculation that the Bank of Japan (BOJ) could abandon its negative interest rate policy this month. … Read more

USD/JPY: BoJ’s Takata hints at eventual tightening

Bank of Japan board member Hajime Takata on Thursday signalled openness to gradually normalise policy in time, though he emphasised interest rate hikes remain premature. USD/JPY retreated under 150.00 as traders weighed the implications. Takata … Read more

USD/JPY: Carry trades cruise, Yen feels the heat

Major currency pairs have been stuck in a holding pattern lately, with volatility at recent lows and global equities scaling new heights. This calm environment has created a perfect storm for carry trades, particularly those … Read more