Currencies News and Headlines
Currencies News and Headlines
Currencies Pulse
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Daily
Every morning
Weekly
Tuesday recap
Denis Beau highlighted that France and the euro area have remained surprisingly resilient despite a cascade of shocks, including the Covid‑19 pandemic, the war in Ukraine, and heightened trade tensions. Inflation has dropped sharply, reaching 1.7 % in January and nearing the ECB’s 2 % target. The European Central Bank’s credible tightening achieved what Beau called an “immaculate disinflation” without sparking a recession. He concluded with a medium‑term outlook that stresses vigilance and policy agility amid lingering risks.
Michele Bullock, the Reserve Bank of Australia governor, outlined why the Board unanimously raised the cash rate in February. She highlighted that inflationary pressures have intensified since mid‑2022, driven by capacity constraints and a still‑tight labour market. Underlying price growth...
Sarah Hunter, speaking at a Norway conference, outlined the outcomes of the 2022‑23 Reserve Bank of Australia (RBA) review and the subsequent refinements to its dual mandate. The review praised three decades of strong economic performance under flexible inflation targeting...
Ryozo Himino delivered a speech in Wakayama outlining Japan’s macro‑economic landscape through a detailed AD‑AS diagram. He organized endogenous variables in a circular layout, positioning stable exogenous factors at the core and short‑lived variables on the periphery. The presentation linked...
The European System of Central Banks has launched Phase III of an EU‑financed technical cooperation programme to strengthen central bank capacities in the Western Balkans. Hosted by Banca d’Italia, the initiative builds on two successful phases that delivered training, internships and...
The Indian rupee rebounded from its all‑time low, trading at 92.14 per U.S. dollar after a 7‑paise gain in early trade. The rally was sparked by a sharp drop in global oil prices following President Donald Trump’s comments that the...
The U.S. dollar slipped after President Donald Trump declared the Iran conflict "very complete," prompting a sharp retreat in oil prices. Brent crude fell to $92.46 a barrel, down from Monday's $120 peak, easing pressure on risk‑sensitive currencies such as...
The Indian rupee fell to a record‑closing 92.35 per dollar, cushioning domestic bullion prices despite a global gold slump. Spot gold in the United States dropped 1.2 % to $5,098 an ounce, while Indian spot gold slipped only ₹77 to ₹158,674...
European Central Bank President Christine Lagarde warned that Europe’s “limited responsibility” fiscal framework must be abandoned to protect prosperity and sovereignty. She made the remarks at an informal European Council meeting and the Munich Security Conference, calling for deeper fiscal...
The United States‑Israeli war on Iran has driven the Indonesian rupiah to Rp 17,009 per dollar, flirting with its 1997‑1998 crisis low. Bloomberg data show the currency briefly breaching the Rp 17,000 psychological barrier before settling near Rp 16,950. The conflict has also...
The South African rand weakened to below R16.90 per US dollar, its lowest level since mid‑December, as oil prices surged more than 25% amid the expanding US‑Israeli conflict with Iran. Higher crude costs and heightened global risk aversion pressured the...
The U.S. dollar surged against the Taiwan dollar on March 9, closing at NT$31.920, a gain of NT$0.242. Trading volume hit US$2.728 billion, with the pair opening at NT$31.720 and peaking at NT$31.952. The sharp rise reflects heightened dollar strength in Asian...
Traders have sharply increased bets that the European Central Bank will deliver two full 25‑basis‑point rate hikes before year‑end, up from a single hike priced on Friday. The shift follows a recent spike in energy prices that has reignited fears...
Traders have lifted the probability of a Bank of England rate hike this year to roughly 50%, up from near‑zero earlier in the month. The shift follows persistent inflation readings and tighter labour market data that suggest price pressures remain...
A new ECB research bulletin exploits regional data from 168 NUTS‑2 areas across 11 euro‑area countries (1999‑2023) to re‑estimate the Phillips curve. Controlling for region and time fixed effects yields a slope of –0.19, far steeper than the –0.01 found...
DBS is urging Singapore‑based SMEs to hedge at least half of their foreign‑exchange exposure amid heightened volatility from the Middle‑East conflict. The bank’s SecureFX facility, which lets companies lock in rates up to US$1 million without credit lines, is already used...
Iran’s financial markets entered a pronounced lull after US and Israeli strikes heightened geopolitical risk, leaving many trading venues partially shut and liquidity thin. Online dollar pricing via USDT surged to IRR 1,550,000 per dollar, yet physical dollar dealers accept roughly...
Safra Group completed its majority‑stake acquisition of Saxo Bank and named Daniel Belfer CEO. Pepperstone owners were ordered to pay A$96 million to former shareholder CPE Capital after a protracted legal dispute. Former FX executives Nicolas Shamtanis and Stathis Xenos launched...
Gold prices have surged 47.6% since August 2025, reaching $5,092 per ounce, as central banks shift from Treasury securities to gold. The United States and Germany now report gold comprising over 80% of their reserve portfolios, with Italy and India also...
A new study uses large‑language‑model techniques to convert the IMF’s 70‑year AREAER narrative archive into a daily, country‑level dataset of cross‑border financial restrictions (iBoP‑C and iBoP‑S). The high‑frequency indices reveal a stop‑go pattern of financial liberalisation, with advanced economies easing...
The Federal Reserve entered 2026 optimistic about a soft landing, but the sudden Iran‑Israel conflict has driven crude above $95 per barrel, pushing gasoline prices to record highs and reviving cost‑push inflation concerns. A weak jobs report further erodes labor‑market...
Federal Reserve President Christopher Hammack warned that inflation remains too high and broadly based, signaling that the central bank will likely keep interest rates on hold for an extended period. He reaffirmed the Fed’s commitment to its inflation mandate while...
Federal Reserve Governor Christopher Collins signaled that the central bank’s policy rate will likely remain unchanged for the foreseeable future. He emphasized that any future rate cuts will require clear evidence that inflation is sustainably moving toward the 2% target....
ECB Executive Board member Isabel Schnabel said the central bank’s policy stance remains appropriate despite a temporary inflation overshoot, provided expectations stay anchored. She highlighted that inflation is projected to meet the 2% target over the medium term, reinforcing a...
In a March 2026 speech, ECB Executive Board member Isabel Schnabel argued that, despite calls for a dual mandate, single‑mandate and dual‑mandate central banks usually adopt similar policy actions because price stability constrains any employment‑focused easing. She highlighted that more...
Kevin Warsh, a former Fed governor and Donald Trump’s pick, has been nominated to chair the Federal Reserve. Warsh is known for advocating aggressive rate cuts and a loose monetary stance that many analysts deem risky in the current inflationary...
U.S. non‑farm payrolls unexpectedly dropped 92,000 in February, pushing the unemployment rate up to 4.4% and prompting analysts to anticipate further Federal Reserve rate cuts. The dollar index (DXY) slipped to 99.063 from 99.308 as markets digested the weaker labor...
The article pits India’s Digital Rupee against the EU’s Digital Euro, evaluating which central bank digital currency (CBDC) best serves commercial users. It notes the Digital Rupee’s near‑real‑time settlement, open‑source APIs, and early integration with Indian e‑commerce giants, while the...
Capital.com reported a 49% jump in active retail traders and a 73% rise in total trading volume on 2 March as the Middle East conflict intensified. Oil surged to become the platform’s second‑most‑traded instrument, with new oil traders up 1,255% and...
India’s central bank has continued its digital rupee (E₹) pilot, but a retail rollout on e‑commerce platforms such as Amazon and Flipkart remains unrealised. The Reserve Bank of India (RBI) has onboarded a handful of banks, fintechs and select merchants...
The European Central Bank entered the current preparation phase for a digital euro in November 2025, concentrating on technical readiness, market engagement, and legislative support. A controlled pilot with real‑world transactions is slated for mid‑2027, with a potential first issuance targeted...
Deutsche Bank has appointed Gerald Podobnik as Co‑Head of its Corporate Bank, effective immediately, replacing Ole Matthiessen. Podobnik will share global leadership with Michael Diederich and join the Group Management Committee, reporting to Fabrizio Campelli. He brings 23 years at the bank, most recently serving...
Japan is set to revise its 2025 Q4 GDP upward to 0.3% quarter‑on‑quarter, driven by strong winter bonuses and a rebound in capital spending. In China, February CPI is expected to rise to 1.0% year‑on‑year, buoyed by Lunar New Year...
Axi, the Australian‑based retail FX and CFD broker, has appointed Andrea Rebusco as Regional Head for the UK, EU and LATAM, reinforcing its dual B2C and B2B growth strategy. Rebusco brings nine years at IG Group plus senior roles at...
South Korea's headline CPI held at 2.0% year‑on‑year in February, while core inflation rose to 2.3%. Fresh food and petroleum prices fell, but service costs increased, showing lingering price pressure. Higher global oil prices and a weakening won have sharpened...
The interview with Oleg Itskhoki examines how Russia employed financial repression in 2022 to weather the largest post‑war sanctions package. By banning cash withdrawals and obligating exporters to surrender foreign‑currency earnings, Moscow halted a ruble freefall and stabilized its fiscal...
The US dollar still dominates Africa’s trade, finance and debt, but China’s renminbi is gaining traction. African policymakers have launched the Pan‑African Payment and Settlement System (PAPSS) to enable local‑currency cross‑border payments, yet adoption remains modest. Since 2024, renminbi usage...
Fitch Solutions warns that a broader US‑Iran conflict could trigger a sharp currency shock across sub‑Saharan Africa. In a prolonged escalation, Brent crude is projected to trade between $110 and $130 per barrel, raising energy costs and disrupting shipping routes....
Leverate announced a partnership with Swiss‑backed prop‑trading firm JoinX Capital, designating Leverate’s end‑to‑end infrastructure as the technology backbone of JoinX’s global platform. The collaboration supports a community of over 47,500 traders in 184 countries, offering multi‑asset access to Forex, crypto...
The ECB Governing Council met on 4‑5 February 2026 and kept its three key rates unchanged, signalling a data‑dependent stance through 2027. Market reactions to recent geopolitical and tariff shocks were muted, with the euro gaining about 1 % against the dollar...
DoubleLine Capital sees a "virtuous feedback loop" in emerging markets as a weakening U.S. dollar and ongoing central‑bank rate cuts create attractive local‑currency fixed‑income opportunities. While recent U.S.-Israel strikes on Iran sparked a sharp sell‑off in EM currencies and equities,...
Commerzbank analyst Michael Pfister argues that higher oil prices and the United States' shift to a net oil exporter improve its terms of trade, bolstering the dollar against the euro. Because central banks focus on stabilising inflation, price adjustments occur...
Polytope Labs, fresh from a $5.5 million raise, is building an on‑chain stablecoin infrastructure to streamline foreign‑exchange settlement for Nigerian fintechs. The product sits atop its Intent Gateway, part of the Hyperbridge protocol, which has already processed roughly $500 million in cross‑chain...
Indian government bonds rallied on Thursday after a record ₹202 billion (≈$2.19 billion) of bonds were net‑bought by the RBI and institutional investors on Wednesday. The 10‑year benchmark yield steadied around 6.66%, reversing a brief rise, while the rupee strengthened to ₹91.61...
U.S. ISM surveys show the economy accelerating in early 2026, with the February services index climbing to 56.1 and overall business activity reaching 59.9, the strongest pace since May 2024. New orders and order backlogs also surged, supporting a projection...
Global corporates are intensifying foreign‑exchange risk management as trade volatility spikes. A new Treasury Today survey shows 88% now hedge FX, with 61% of previously unhedged firms contemplating hedging. Despite a 67% surge in hedging costs, activity has risen and...
The USD/CHF rally cooled after two days of war‑driven safe‑haven buying, snapping a breakout above the 50 % retracement (0.78206) and peaking near the 61.8 % level (0.78726). Momentum stalled at 0.7878, and the pair closed below the midpoint, prompting a pullback...
Nicolas Shamtanis and Stathis Xenos have launched Conexus IQ, a boutique advisory firm aimed at CFD brokers, prop firms, and broader fintech platforms. The duo leverages nearly two decades of experience in FX, CFDs, and social‑trading to help clients navigate a...
ARQ, formerly DolarApp, raised $70 million in a Series B led by Sequoia Capital and Founders Fund. The funding will fuel a rebrand, team expansion, and rollout of new financial products beyond its core stablecoin remittance service. With more than two million...
The Indian rupee fell to a new record low as the US‑Iran conflict sparked safe‑haven buying of the dollar and pushed oil prices higher. Higher oil costs and the realization that U.S. rate cuts may be delayed have lifted inflation...
