USD/JPY Price Forecast: Bullish Bias Builds Above 155.00 Support
USD/JPY rose to 155.70 on Tuesday, up 0.64% after hitting a daily high of 156.28. The move follows comments from Japan’s prime minister signaling caution on further BoJ rate hikes, which have kept yen pressure alive. Technically, the pair sits above the 100‑day SMA at 155.10, with the 50‑day SMA near 156.00 acting as immediate resistance. Momentum indicators such as the RSI have recovered to 53, suggesting a stabilizing bullish bias.
The European Central Bank’s Next President May Decide the Fate of the Digital Euro
European Central Bank President Christine Lagarde highlighted the digital euro as a core part of her legacy, noting its progress from research to a live policy effort. The project is now in a "preparation phase" with technical design and pilot...
National Bank of Hungary Review: The Rate Cut Has Arrived, but What’s Next?
After 16 months of steady rates, the National Bank of Hungary cut its key policy rate by 25 basis points to 6.25% in February, aligning with broad market expectations. The central bank’s forward guidance remains data‑driven and open‑ended, prompting ING...
Japan Mulls Revising Liquidity-Support JGB Auctions to Ease Market Pressure - Report
Japan's Ministry of Finance is weighing changes to its liquidity‑enhancement auction framework for government bonds, aiming to ease supply pressure on the super‑long end of the curve. From April, the mid‑term bucket could be narrowed from a 5‑15.5‑year range to...
Swiss Franc to Stay Favourable Amid Safe Haven Allure
The Swiss franc is consolidating its role as the premier safe‑haven currency, with EUR/CHF breaking below the 0.92 support level early this year. Analysts from RBC, Morgan Stanley and Credit Agricole argue that ongoing geopolitical tensions and weak economic data...
USD/CNY Drops to 2½-Year Low as Onshore Yuan Surges
The on‑shore yuan surged to a 2½‑year high as USD/CNY slipped below 6.90, reaching 6.8954. The People’s Bank of China posted a slightly firmer daily midpoint of 6.9414 and reduced the usual damping in the fixing process. This narrower gap...
PBOC Sets USD/ CNY Reference Rate for Today at 6.9414 (Vs. Estimate at 6.9249)
The People’s Bank of China set today’s USD/CNY reference rate at 6.9414, slightly above the 6.9249 market estimate. The central bank maintains a +/-2% trading band around this midpoint, allowing modest yuan fluctuations. In parallel, the PBOC injected 526 billion yuan...
People's Bank of China Sets 1 and 5 Year Loan Prime Rates (LPRs) Unchanged
China’s central bank, the People’s Bank of China, announced that both the 1‑year and 5‑year Loan Prime Rates (LPR) remain unchanged for the ninth consecutive month. The 1‑year LPR held at 3.45% while the 5‑year LPR stayed at 4.20%, reflecting...
Exclusive: Offshore CFDs Broker Zarvista Names Mohammed El Alaoui Essosse as CEO
Dubai‑based offshore CFD broker Zarvista Capital Markets has appointed Mohammed El Alaoui Essosse as its new chief executive officer, succeeding founder Jamsheer Thazhe Veettil. Essosse, who previously served as Head of Business Development and Director of Africa, has been with the firm for three years...
When Is the Spring Statement and What Might Be in It?
Chancellor Rachel Reeves will deliver the UK Spring Statement on 3 March 2026, presenting the latest Office for Budget Responsibility (OBR) economic forecasts. The OBR outlook on growth, inflation, unemployment and public finances will be published after the speech via the...
Dollar 2026 Decline: More Cyclical than Structural
The dollar’s recent slide is viewed as a cyclical correction rather than a structural collapse, with the real trade‑weighted index still well above its long‑term average. Hedging activity is rising, with buy‑side hedge ratios projected to reach roughly 74% by...
Crypto Exchange BTCC Adds TradFi CFDs
BTCC has launched BTCC TradFi, a cross‑market platform that lets users trade forex, commodities, indices and stocks using USDT as margin and settlement currency. The service builds on the exchange’s tokenized precious‑metal success, which generated $5.72 billion in 2025 trading volume...
Rupee Support Tool Turns Pressure Point; $7 Billion NDF Maturities Come Due
The Reserve Bank of India relies on non‑deliverable forwards (NDFs) to support the rupee without draining reserves, but $7 billion of contracts are set to mature this week, creating rollover pressure. RBI’s total forward book stands at $62.3 billion, a size that...
Japanese Yen Bounces on Takaichi Election Sweep, but Will It Last?
Prime Minister Sanae Takaichi’s Liberal Democratic Party secured a landslide victory in the February 8 snap election, propelling Japanese equities to record highs. The political certainty sparked a yen rally, moving the currency from around ¥157 per dollar to the ¥152...
The USD Has Continued Its Slide in Asia Trade. USD/JPY Is Down a Big Figure.
Asian currency markets saw the U.S. dollar dominate trade as a fresh tariff dispute intensified cross‑border transactions. The pressure translated into a sharp decline in USD/JPY, with the yen appreciating against the greenback. Trading was further constrained by a public...
The People's Bank of China Set Its Loan Prime Rates (LPRs) Today - No Change Is Expected.
The People’s Bank of China left its benchmark Loan Prime Rates unchanged at 3.00% for the one‑year and 3.50% for the five‑year tenor, marking the ninth straight month of stability. Market participants had widely priced in a hold, reflecting the...
FX Week in Review: IFOREX IPO, Plus500 Execs Sell, Prop Firm Launches Broker
iFOREX debuted on the London Stock Exchange with a prospectus showing $49 million in revenue and $4 million EBITDA, marking a significant milestone for the 20‑year‑old FX broker. Senior Plus500 executives sold more than $90 million of company stock, entering a 365‑day lock‑up...
Bitcoin Sells Off as the Yen Surged Fast Enough to Trigger Cuts Across Risk Books
Bitcoin experienced a sharp sell‑off after the yen surged, prompting margin and VAR cuts across multi‑asset risk books. Japanese FX officials’ urgent language on February 12 signaled heightened intervention risk, accelerating the unwind of yen‑funded carry trades. The unwind cascaded...
Iran’s Rial Collapse Mirrors Lebanon’s Crisis, Driving Citizens to Bitcoin
The Iranian rial has collapsed in 2026, spurring hyperinflation and prompting middle‑class savers to flee the banking system. Bitcoin and other cryptocurrencies have attracted billions of dollars, echoing Lebanon’s 2019‑2021 crisis where crypto became a financial lifeline. On‑chain data shows...
Japan's Real Wages Poised to Grow After a Year of Decline
Japan’s real wages are set to move into positive territory in January 2026 after a year of decline, driven by a slowdown in CPI inflation to 2% YoY and a suite of government price‑relief measures. Tax cuts on gasoline, tuition‑free...
Europe Values Digital Euro at €1.3B Amid ECB Leadership Change Narrative Increase
The European Central Bank has earmarked €1.3 billion for the digital euro’s development and expects annual operating costs of €320 million from 2029. A pilot phase will begin with a call for expressions of interest in March 2026, running six weeks, followed by...
InvestingLive Americas Market News Wrap: Supreme Court Strikes Down Trump Tariffs
The U.S. Supreme Court struck down President Trump’s proposed Section 122 global tariff, removing a major trade escalation risk. Meanwhile, the advance estimate for Q4 GDP posted a 1.4% annual gain, well below the 3.0% consensus, while PCE inflation edged higher...
Southwark Crown Court Sentences Seven Influencers for Promotions of Unauthorized FX Trading Scheme
Southwark Crown Court sentenced seven social media influencers for promoting an unauthorised foreign exchange trading scheme. Each pleaded guilty to issuing unauthorised financial promotions and received fines ranging from £600 to £3,750, plus court costs, with two receiving discharges. The...
Fed's Logan: There Is Now More Inflation Uncertainty Due to Tariff Decision
Federal Reserve Governor Michelle Logan warned that recent tariff decisions have heightened inflation uncertainty, casting doubt on a smooth path to the 2% target. While she remains confident that current policy tools are well‑positioned to address emerging risks, she expressed concern...
Tariff Slapdown: What the Markets Say
The U.S. Supreme Court struck down President Trump’s IEEPA tariffs, sending U.S. equities up about 0.7% and lifting the 10‑year Treasury yield back to roughly 4.10%. The decision removes a source of tariff‑derived revenue, reviving fiscal‑deficit concerns and creating upside...
MetaQuotes to Release Build 5640 of MT5 Platform
MetaQuotes will roll out build 5640 of its MetaTrader 5 platform on February 20, 2026. The update refines the dark interface theme, adjusting background, tab and scrollbar colours for a more cohesive visual experience. It adds Markdown support in MetaEditor, allowing developers to document...
FX Daily: EUR/USD Can Fall to 1.16 on Further Iran Escalation
Rising US‑Iran tensions are boosting the dollar as oil prices climb, reviving its safe‑haven appeal. The market now assigns a 60% probability to a US strike on Iran, which could lift Brent to $75‑76 and push EUR/USD down toward 1.16....
Dollar Firm as Iran Tensions Lift Oil, Markets Turn Cautious
The U.S. dollar stayed firm in quiet Asian markets while heightened Iran‑U.S. tensions pushed WTI crude above $67, its highest level since last August. Gold and silver edged higher but lacked sustained buying, reflecting selective hedging. Meanwhile, the UK reported...
IFOREX IPO Prospectus Details: Revenues $49M, EBITDA $4M
iFOREX listed on the London Stock Exchange at a £43.3 million valuation, equating to roughly 1.1× 2025 revenue and 19.4× earnings. The broker reported $55.1 million revenue and $3.0 million profit for the twelve months to June 2025, down sharply from its 2022 peak....
Could Medical Care Help Cure China’s Services Trade Deficit?
China’s medical tourism is gaining traction as foreign patients praise rapid, affordable care in megacities like Shanghai and Beijing. While the absolute number of inbound patients remains modest, industry insiders see a growing pipeline driven by visa‑free entry, expanding international...
Rupee Declines 27 Paise to 90.95 Against US Dollar in Early Trade
The Indian rupee slipped to 90.95 per U.S. dollar in early Friday trade, down 27 paise from its previous close. The decline was driven by a firmer dollar, higher Brent crude at $71.77 a barrel, and escalating U.S.-Iran tensions. Domestic...
Global Market | Japan’s Tightening Cycle Could Redraw the Map of Global Market Liquidity
The Bank of Japan has ended its ultra‑easy stance, pushing policy rates to the highest level in decades and pricing in another hike. Higher domestic yields are likely to trigger repatriation of Japanese savings, cutting the flow of low‑cost funding...
Goldman: Gold to Grind Higher to $5,400/Oz by End-2026 on Strong Demand
Goldman Sachs projects gold prices to climb to $5,400 per ounce by the end of 2026, driven primarily by renewed central‑bank buying and modest private‑investor inflows linked to Federal Reserve rate cuts. The forecast assumes a conservative base case with...
NZD, AUD Fall as RBNZ Says Inflation Returning to Target, No Preset Path
The New Zealand and Australian dollars slipped in Asian trade after the Reserve Bank of New Zealand signaled that inflation is already back within its 2% target band and is expected to stay there for the next year. Governor Adrian Breman emphasized that...
USD Gains on Strong US Data Unlikely to Last; Policy Uncertainty, Political Risks to Cap
MUFG’s Derek Halpenny says the U.S. dollar’s recent rally, sparked by stronger‑than‑expected durable‑goods, housing and industrial production data and hawkish Fed minutes, is unlikely to be sustained. While the minutes hinted at a cautious stance on further rate cuts, Halpenny...
Shares of Local Oil Explorers Surge on Supply Disruption Fears
Shares of Indian upstream explorers jumped as Brent crude breached $71 per barrel amid renewed US‑Iran tensions and temporary Strait of Hormuz closures. Oil India rose 5.2% and ONGC gained 3.6%, while downstream marketers HPCL and BPCL slipped nearly 5%...
IMF Warns Venezuela’s Economy and Humanitarian Situation Is ‘Quite Fragile’
The IMF warned that Venezuela’s economy and humanitarian situation remain “quite fragile,” citing triple‑digit inflation, a sharply depreciating currency and public debt at roughly 180 percent of GDP. The country has seen massive emigration, with about 8 million people leaving since 2014,...
Japan Inflation Slows to 1.5% in January, Core Measures Ease. What Will the BoJ Think?
Japan’s consumer price index slowed sharply in January, with headline inflation dropping to 1.5% year‑over‑year, the lowest level since March 2022 and below expectations. Core inflation excluding fresh food eased to 2.0% YoY, while the core‑core measure fell to 2.6%,...
Fast Calculation of Cheapest-to-Deliver Curves
Multi‑currency collateral agreements create optionality that requires discounting with a cheapest‑to‑deliver (CTD) curve. While Monte‑Carlo simulation can price this exactly, it is computationally heavy. Researchers propose an analytic approximation that combines the Clark algorithm and Gauss‑Hermite quadrature, delivering near‑Monte‑Carlo accuracy...
Philippine Central Bank Cuts Rates in Latest Bid to Support Growth
The Bangko Sentral ng Pilipinas (BSP) lowered its overnight repurchase rate by 25 basis points to 4.25%, marking the ninth cut since August 2024. Inflation remains modest at 2%, comfortably within the 2‑4% target band, while the peso rallied to...
CME Group to Launch 24/7 Crypto Futures and Options Trading
CME Group announced that its regulated cryptocurrency futures and options will trade continuously, 24 hours a day, seven days a week starting May 29, 2026. The move follows a record $3 trillion in notional volume for CME’s crypto products in 2025. Average daily...
World Briefs | Rwanda Hikes Lending Rate on Higher Inflation
Rwanda’s central bank raised its key lending rate by 50 basis points to 7.25% on Thursday, reacting to a jump in consumer price inflation to 8.9% year‑on‑year in January. The move aims to bring inflation back within the bank’s 2‑8%...
Dollar Extends Rally on Strong Jobs, EUR/USD Breaks February Low
The U.S. dollar rallied after initial jobless claims fell to 206,000, well below expectations, reinforcing a labor‑market narrative of resilience. Hawkish Fed minutes further raised the prospect of delayed rate cuts, pushing the greenback higher against major currencies. EUR/USD slipped...
The Link Between Interest Rates and Exchange Rates : The Uncovered Interest Parity
The post examines how the 10‑year US‑German bond yield spread correlates with the USD/EUR exchange rate, showing that higher US yields usually coincide with dollar appreciation. A notable exception occurred after April 2 2025, when a sharp US yield rise was followed...
CTrader Admin 9.9 Released with Email Tracking and New Workspace App
Spotware Systems released cTrader Admin 9.9, the latest broker‑focused upgrade to its cTrader operational suite. The version adds email tracking in session reports, a new Workspace Settings app that consolidates export, chat and notification preferences, and a collapsible main menu that...
Robinhood Adds Dr. Naomi Boyd as Chief Economic Advisor
Robinhood Markets announced that Dr. Naomi Boyd, dean of the University of Denver’s Daniels College of Business, will serve as its Chief Economic Advisor. Boyd will spearhead research on derivatives market structure, capital markets, and investment dynamics to inform product...
CySEC Withdraws License of OBR Investments
Cyprus Securities and Exchange Commission (CySEC) announced the withdrawal of the Cyprus Investment Firm (CIF) licence for OBR Investments Ltd. The decision was taken at a CySEC meeting on 9 February 2026 and is grounded in Section 8(1)(a) of the 2017...
Bank Indonesia Keeps Rates Steady, as Rupiah Weakness Threatens to Delay Easing
Bank Indonesia left its policy rate unchanged at 4.75% as the rupiah continued to weaken amid fiscal‑sustainability concerns and volatile investor sentiment. Moody’s downgraded Indonesia’s credit outlook to negative, reflecting uncertainty over policy direction and transparency. Real‑rate differentials with the...
RBNZ Governor Anna Breman: Monetary Policy Must Focus on the Future
RBNZ Governor Anna Breman stressed that New Zealand’s monetary policy must be anchored in forward‑looking inflation forecasts rather than current price data, given the lag between rate changes and economic impact. She reaffirmed confidence that inflation will return to the 2 percent...
Why the IMF’s Newest Report Finds that the Yuan Is Undervalued
The International Monetary Fund’s latest World Economic Outlook finds the Chinese yuan about 16 % below its equilibrium level. The IMF’s valuation combines a trade‑weighted basket of currencies with purchasing‑power‑parity calculations, reflecting China’s sizable trade surplus and capital‑control regime. It warns...