Analysis: Currencies

Yen strengthens amid intervention threat, traders await US data

The yen strengthened amid broad U.S. dollar weakness on Tuesday after the severest warning yet from authorities signalling Tokyo's readiness to intervene while traders awaited U.S. GDP data. ...

Italy's government wins upper house confidence vote on 2026 budget

Italy's government comfortably won a vote of confidence in the upper house Senate on Tuesday over its 2026 budget, keeping it on track to secure parliament's final approval before the end of the...

Yen strengthens in thin trade amid intervention threat

The yen strengthened amid broad U.S. dollar weakness on Tuesday after the severest warning yet from authorities signalling Tokyo's readiness to intervene, as the Japanese currency hovered near recent...

Frail yen whipped around as intervention threat swirls

The yen perked up amid broad U.S. dollar weakness on Tuesday after the severest warning yet from authorities signalled Tokyo's readiness to intervene as the Japanese currency hovered near recent lows...

Currencies: That's Life

The two main events of last week were the jobs report, followed by US inflation data. While the former triggered some profit-taking, the latter was welcomed by investors. Let's take a quick look at...

Sterling keeps rising after the Bank of England raised the bar on rate cuts

The pound rose on Monday, building on gains made last week after the Bank of England delivered a widely expected rate cut, but suggested that the bar for further declines was high, given persistent...

Japan's yen gains on intervention signals, softer US dollar

The yen firmed against the U.S. dollar on Monday after Japanese officials warned against one-sided and sharp currency moves, signaling readiness to take appropriate action in what analysts viewed as a...

Yen wallows near record lows on cautious BOJ stance despite intervention warnings

The yen languished near record lows to the euro and Swiss franc on Monday as the lack of hawkish signals from the Bank of Japan emboldened traders, even as Japanese officials stepped up warnings...

Yen wallows near record low to euro as BOJ keeps cautious tone after rate hike

The yen languished near a record low to the euro on Monday, after Bank of Japan Governor Kazuo Ueda stuck to his usual cautious rhetoric following an interest rate hike on Friday. The...

EU Council backs digital euro with both online and offline functionality

The EU Council on Friday backed a negotiating position for a digital euro that includes both online and offline functionality, diverging from earlier European Parliament proposals that focused solely...

Markets quietly welcome EU shift to joint borrowing for Ukraine loan

The European Union's decision to fund lending to Ukraine through borrowing is welcome news to markets, analysts said on Friday, cementing the use ?of joint ?debt as a financing solution while avoiding...

How will the EU's 90 billion euro loan to Ukraine work?

A 90 billion euro EU loan for Ukraine, blocked by Hungary under outgoing Prime Minister Viktor Orban, could be revived following Orban's defeat in an election this month and a resumption of Russian...

ECB's growth, inflation risks are large but balanced, Sleijpen says

Risks to euro zone growth and inflation are fairly balanced ?but ?remain large, so the European Central Bank needs to keep an open mind about future policy moves, Dutch central bank chief Olaf...

Currencies: Political Dissent

At first glance, the US Federal Reserve did the job expected of it, but a closer reading still reveals real dissension within the institution that cannot be kept quiet.

Sterling hits 17-year high against yen as traders overlook rate divergence

The pound held steady against the euro and the dollar on Friday, after the ?Bank of ?England delivered an expected rate cut, while hitting its highest since 2008 against the yen, hit by profit-taking...

Ukraine welcomes 90 billion-euro EU loan, despite lack of deal on Russian assets

Ukraine thanked the European Union on Friday for deciding to provide it with 90 billion euros of ?support over the next two years - even if the bloc failed to agree on an ambitious plan to finance it...

Investors react to EU funding deal for Ukraine

European Union leaders decided on Friday to borrow cash to fund Ukraine's defence against Russia rather than use ?frozen ?Russian assets, sidestepping divisions to secure a 90 billion euro loan. ...

French central bank sees higher growth ahead - if political clouds clear

The French economy is expected to post modest but ?steady growth ?in the coming years, driven by a recovery in household spending and business investment if political uncertainty clears, the central...

ECB policymakers see steady rates next year but cut not off table, sources say

European Central Bank policymakers expect to keep interest rates steady next year but they are not yet ready to take a rate cut off the table because the outlook is too uncertain, three sources told...