Currencies News and Headlines
Currencies News and Headlines
ECB reported that 444,000 counterfeit euro banknotes were withdrawn in 2025, a 20% drop from the previous year and one of the lowest rates since the euro’s launch. The counterfeit rate fell to 14 per million genuine notes, with €20 and €50 denominations accounting for roughly 80% of fakes. Most counterfeit notes lack proper security features, making them easy to spot using the “feel, look and tilt” method. The Eurosystem continues to support cash handlers and law‑enforcement in combating counterfeiting.
Forex platform OANDA Corporation has formally ended its long‑standing patent infringement lawsuit against GAIN Capital Holdings. The parties filed a stipulation in New Jersey District Court on February 26, 2026, dismissing all claims and counterclaims with prejudice and agreeing to...
At the Goldman Sachs EMEA Head of Trading conference, FCA chief executive Nikhil Rathi outlined a sweeping reform agenda aimed at cementing the UK’s position as a global wholesale‑finance hub. He highlighted recent regulatory wins – from tighter market‑abuse enforcement...
U.S. tariffs on Chinese imports have coincided with a near‑10% year‑on‑year rise in China’s exports to the EU during 2025, but the surge began before the tariff hike and has not accelerated since. A difference‑in‑differences analysis of over 3,000 product...
Former ICBC chairman Chen Siqing urged China to embed its Cross‑border Interbank Payment System (CIPS) into bilateral trade frameworks, especially with Belt‑Road and RCEP partners, as geopolitical tensions heighten reliance on non‑US payment networks. He highlighted CIPS’s rapid growth, processing...
Kevin Warsh’s nomination to replace Jerome Powell places a deeply divided Federal Reserve at a crossroads. Warsh argues the institution needs a revamped analytical framework and a “balance‑sheet theory” rather than a singular focus on rate cuts. He suggests structural...
Italy’s financial regulator CONSOB ordered the blocking of ten websites that were providing unauthorized investment services, including foreign‑exchange and cryptocurrency offerings. The sites targeted include Keyline FX, Solaxy Tech, Po Trade and related advertising domains, and CONSOB also asked Google to remove the...
Eurozone consumer confidence held steady at a final -12.2 in February, matching the preliminary reading. Economic confidence slipped to 98.3, missing forecasts, while industrial confidence fell to -7.1 and services confidence dropped to 5.0, both below expectations. Employment expectations declined...
ECB President Christine Lagarde told reporters her baseline assumption is that she will remain in office until the end of her six‑year term. Analysts note her wording leaves room for an earlier exit, a scenario that has been floated in...
Northern Trust announced the addition of Berenberg’s AI‑driven foreign‑exchange models to its dynamic currency‑hedging framework. The partnership lets institutional clients embed third‑party, model‑based strategies and adjust hedge ratios in real time across the US, UK, Europe, Australia and Canada. By...
Christine Lagarde told the European Parliament that euro‑area inflation has fallen sharply, reaching 1.7% in January and hovering near the ECB’s 2% target. Despite the data, surveys show households still perceive price growth about 1.2 percentage points higher than official...
Alex Mackinnon, CEO of Finalto Asia, argues that regulation has become a catalyst rather than a constraint, enabling the liquidity market to mature and gain trust. He highlights Finalto’s multi‑asset prime brokerage model, which spans equities, commodities, crypto, FX and...
The New Zealand dollar extended its rally for a third straight session, hovering around the 0.6000 level against the US dollar during Asian trading. The move reflects pressure on the US dollar as President Trump defended tariffs and the IMF warned...
The U.S. Dollar Index slipped to around 97.50 during Asian trading, marking a second straight session of decline amid White House policy doubts. President Donald Trump’s State of the Union remarks defended and expanded Section 122 tariffs to 10 %, adding trade‑related...
The BIS Triennial Survey shows global foreign‑exchange turnover jumped to US$9.5 trillion per day in April 2025, a 27 % rise driven by heightened volatility, hedging and speculative activity. Spot and outright forwards led the surge, while currency‑option turnover more than doubled and...
Meta is planning to introduce stablecoin‑based payments in the second half of 2026 by partnering with a third‑party provider, avoiding the need to issue its own token. The initiative leverages the 2025 GENIUS Act’s regulatory framework, positioning digital dollars as...
The European Central Bank’s Governing Council issued an opinion supporting the EU Council’s proposed candidate, Boris Vujčić, for the next Vice‑President. Vujčić, currently Governor of the Croatian National Bank, will assume the role on 1 June 2026 for a non‑renewable eight‑year term,...
Payoneer has filed an application with the Office of the Comptroller of the Currency for a U.S. national trust bank charter, to be branded as PAYO Digital Bank. The charter would let the firm issue, send and receive stablecoins, provide...
The Bank of Japan affirmed its commitment to a gradual policy normalisation path, emphasizing data‑driven decisions despite the appointment of two dovish board nominees. While the new members are expected to voice opposition to tightening, the overall board composition remains...
Ahead of Nvidia's earnings, analysts warn that a miss could trigger broader risk aversion, hitting the most exposed G10 currencies such as the Australian dollar, New Zealand dollar and Norwegian krone. The USD’s reaction will signal whether AI‑related concerns remain confined...
U.S. tariff rates surged to an average of 13% in 2025, yet headline inflation fell to 2.7% year‑over‑year before rebounding in December. Companies initially absorbed tariff costs, but recent PCE data shows they are now passing them onto consumers, pushing...
The February 25 10 a.m. New York FX option expiry lists strike levels and notional exposure across major currency pairs. EUR/USD shows the largest notional at the 1.1900 strike with €5.09 billion, while AUD/USD aggregates over AUD 8 billion across four strikes. Market makers must hedge these...
CME Group reported a record 36,328,151 open interest contracts in U.S. Treasury futures and options on February 19, surpassing its previous high from November 2025. The milestone spans the entire yield curve, with new peaks in 2‑year, 5‑year, 10‑year, and...
The European session delivered two key data points: Germany’s preliminary Q4 GDP rose 0.3% quarter‑on‑quarter, beating expectations, and Eurozone CPI showed a 1.7% year‑on‑year headline increase with core inflation at 2.2%. Both releases are final figures that historically have limited...
Japan’s government has nominated professor emeritus Toichiro Asada and law professor Ayano Sato to the Bank of Japan’s nine‑member monetary policy board, pending parliamentary approval. The appointments arrive as the BOJ exits its ultra‑easy stimulus regime and lifts rates to...
Ukraine will emerge from the war burdened with massive debt, but experts Yuriy Gorodnichenko and Maurice Obstfeld argue that restructuring—potentially including outright forgiveness—is essential to attract private capital. They estimate a $40 billion annual investment gap, split between rebuilding destroyed assets,...
A new firm‑level study of Swiss‑UK capital linkages finds that the Brexit referendum’s surge in policy uncertainty sharply reduced short‑term debt flows from Swiss‑resident firms to the United Kingdom, while equity investments remained stable. The contraction is driven almost entirely...
AUD/USD remains trapped in a tight 0.7040‑0.7070 range as traders weigh the Reserve Bank of Australia's 3.85% policy rate against looming Australian CPI data. The pair failed to break the 0.7100 resistance, keeping bullish momentum at bay despite a resilient...
The Bank of Thailand’s Monetary Policy Committee is expected to leave its policy rate unchanged at 1.25% during Wednesday’s meeting, buoyed by a stronger‑than‑expected 2.5% year‑on‑year GDP growth in Q4 2025 and a clearer political environment after the election. Economists...
Australia’s January consumer price index is expected to rise 3.7% year‑over‑year, a slight dip from December’s 3.8%. The forecast includes a Trimmed Mean CPI of 3.3% YoY, unchanged from the prior month, highlighting persistent core inflation. The Reserve Bank of...
The dollar index rose modestly as a two‑week low yen boosted USD/JPY and stronger US consumer confidence lifted the greenback. Dec S&P composite‑20 home‑price data also outperformed expectations, while a rally in the yuan limited gains. The euro slipped on...
Plug&Play Currency Sync for Zoho CRM now automates daily exchange‑rate updates, ensuring new deals, quotes and invoices use current rates while preserving historical values. The tool pulls rates overnight and allows up to two manual syncs per day, eliminating the...
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...
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...
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'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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 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...
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 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...
