Currency Market News

The Japanese yen has significantly strengthened ahead of an anticipated Bank of Japan interest rate hike next week, disrupting the long-standing yen carry trade

The Japanese Yen has jumped due to expectations of a Bank of Japan interest rate hike, while the US dollar has slipped following comments from Waller.

A recent sharp rise in the yen has put traders on alert for potential intervention by authorities to support the Japanese currency.

The dollar has strengthened due to expectations of a rate hike, while the yen has fallen past the 160 mark.

The Indian rupee reached a near four-week high against the US dollar, supported by fresh equity-related investments and central bank actions, closing the month

Iran's rial currency has fallen to a new record low against the U.S. dollar, trading at 2.02 million rials to the dollar on currency markets. This depreciation

The U.S. dollar is trading near multi-month lows due to market uncertainty surrounding sanctions and upcoming policy speeches. While the Canadian dollar dipped

The dollar remained mostly flat as softer US economic data fueled expectations for more dovish interest rate policies.

The Rupee depreciated by 12 paise, closing at 95.45 against the U.S. dollar. Forex traders attribute this to fragile investor sentiment, delays in the U.S.-Iran

The dollar is trading steadily as expectations for a Federal Reserve interest rate hike are reduced following benign US inflation data.

Yen traders are increasing their activity in the options market to gain flexibility ahead of crucial US inflation data, as there is no clear consensus on the cu

The Japanese Yen has lost approximately half of its gains following a joint US-Japan intervention, as investors cite a lack of a "unified voice" among central b

The dollar is drifting higher as traders anticipate developments from Iran talks and upcoming US jobs data.

The US dollar is set for its strongest performance in two weeks, driven by rising oil prices. This surge in oil prices is attributed to diminishing optimism reg

The Indian rupee opened flat at 95.13 against the US dollar, supported by a weaker US dollar and stable Brent crude prices. Despite a brief dip, the rupee has r

The Rupee reached its strongest closing level since July 7, despite the RBI's pause, benefiting from sliding oil prices.

The Indian Rupee gained 13 paise against the U.S. dollar, closing at 95.15 following the RBI's policy decision. The currency traded between 94.89 and 95.25 duri

The Indian rupee strengthened by 25 paise to 95.14 against the US dollar, supported by declining crude oil prices and interventions from the Reserve Bank of Ind

The Indian Rupee strengthened by 31 paise to 95.12 against the U.S. dollar in early trade, marking its fifth consecutive day in positive territory.

Despite $49 billion in foreign inflows, largely from FCNR(B) deposits, the Indian rupee has not strengthened.

Japan has confirmed a joint yen intervention with the U.S., signaling its readiness for further action, marking the first such coordinated effort since 2011.

Strategists warn that coordinated currency intervention by the US and Japan increases risks for those betting against the yen, following President Donald Trump'

Anindya Banerjee of Kotak Securities predicts FCNR(B) inflows could reach $60-70 billion, significantly boosting the Indian Rupee. Inflows have already hit $32

The rupee opened 6 paise lower at 96.63 against the US dollar, driven by surging crude oil prices and geopolitical tensions, which are raising inflation concern