Currencies
Foreign exchange, central-bank sensitivity, and macro-driven currency moves.
Dollar dips, yen edges toward danger zone
The dollar eased after reports of renewed hopes for a U.S.-Iran deal, while the yen remained near 160 per dollar, a level traders view as a possible trigger for Japanese intervention.
Japan finance minister confirms continued coordination with U.S. on forex
Japan’s finance minister says Tokyo and Washington are continuing to coordinate closely on foreign exchange after a meeting with U.S. Treasury Secretary Scott Bessent in Tokyo. Officials say they will keep monitoring currency moves and remain ready to respond to disorderly markets.
Asian currencies mostly weaken amid high Middle East tensions
Most Asian currencies weakened in early trading on May 12 as renewed Middle East tensions lifted the dollar and kept risk appetite subdued. The yen, won, peso, baht and rupiah were among the currencies in focus as traders watched for further geopolitical and policy signals.
Dollar Extends Decline Amid Robust U.S. Labor Indicators
The dollar extended losses after the April U.S. jobs report showed stronger-than-expected payroll gains and a 4.3% unemployment rate.
Stocks gain and oil slides after Iran peace deal report
Stocks rose and oil fell after reports of a possible U.S.-Iran memorandum, even though the deal has not been confirmed.
Could USD/JPY Break the 155 Handle?
USD/JPY is testing the 155 level as traders weigh intervention speculation, softer dollar sentiment and Middle East headlines.
Dollar steady, Asia FX flat as M.East uncertainty, rate jitters persist
The dollar held steady and Asian currencies traded in a tight range as markets weighed Middle East uncertainty and interest-rate expectations.
Stocks gain in Asia, oil flat amid new Gulf proposals
Asian shares edged higher while oil held near flat as traders tracked U.S. efforts to protect shipping in the Strait of Hormuz and fresh Iran proposals.
Yen steady as intervention fears linger with Japan shut for holidays
The yen held steady in Asian trading as markets stayed alert for further Japanese intervention during Golden Week holiday-thinned liquidity.
Yen surges after intervention warnings as USD/JPY falls back below 157
The yen jumped after stronger intervention warnings from Japanese officials, pulling USD/JPY back below 157 after earlier trading above 160.
Bank of England holds rates, sterling and gilts move on shift in hike bets
Sterling was mixed and UK gilt yields fell after the Bank of England held rates at 3.75%, with traders scaling back rate-rise bets.
Dollar firm after Fed holds rates as Iran tensions keep FX volatile
The dollar firmed after the Fed held rates steady, while Middle East tensions and higher oil kept foreign-exchange markets volatile.
Fed holds rates steady; Aussie slips after Q1 CPI and trimmed mean undershoot forecasts
The Fed left rates unchanged at 3.5% to 3.75%, while Australia’s March-quarter CPI kept the Australian dollar under pressure despite a small core miss.
JPY: BoJ holds but signals summer hike – Danske Bank
The Bank of Japan held rates steady but delivered a hawkish signal, reinforcing summer hike expectations and supporting the yen.
Sterling slips as Iran/Hormuz jitters lift oil and keep dollar bid ahead of FOMC
Sterling fell as Iran/Hormuz tensions lifted oil and supported the dollar, while traders also waited for the Fed’s April 28-29 FOMC meeting.
The WSJ Dollar Index Falls 0.07% to 95.39
The WSJ Dollar Index fell 0.07% to 95.39 on April 27 as traders weighed Middle East developments and looked ahead to upcoming central-bank meetings, including the Fed's April 28-29 gathering.
IMF urges BOJ to keep raising rates as Middle East war adds new risks
The IMF says the Bank of Japan should keep lifting rates gradually toward neutral, while warning that the Middle East war poses new risks to Japan’s economy.