Stories tagged “Us Dollar.”
30 stories
Will Bessent’s intervention mark a turning point for the yen?
US Treasury Secretary Scott Bessent backs the late-July joint US-Japan intervention to succeed, citing the yen's undervaluation against the dollar. Analysts at ING believe the yen is around 20% undervalued, with a fair-value model showing this gap has persisted through 2026.
Canadian dollar hits near three-month high on oil, trade hopes
The Canadian dollar reached its strongest level in nearly three months against the U.S. dollar on Thursday as oil prices climbed and investors monitored trade negotiations between Canada and the United States.
Asia FX rises as Treasury yields ease; S. Korean won hits 1-yr high
Asian currencies edged higher on Wednesday while the U.S. dollar hovered near multi-month lows, as easing Treasury yields offered some relief to regional currencies and investors awaited minutes of the Federal Reserve's latest policy meeting.
Canadian dollar hits two-month high on factory data
The Canadian dollar rose to its strongest level in two months on Friday, supported by domestic manufacturing data and a narrowing gap between U.S. and Canadian bond yields.
UBS sets new target for USD/CAD on rate differential outlook
UBS recommends a long position on the USD/CAD currency pair, setting a target of 1.425 and a stop loss at 1.38. This outlook is driven by anticipated rate differentials, despite a neutral view on the Canadian dollar.
Asia FX ticks up, dollar dips after soft U.S. PPI curbs Fed hike bets
Asian currencies ticked higher on Friday and the dollar weakened slightly after subdued U.S. inflation data further reduced expectations of a Federal Reserve interest-rate hike in the near term. Most units were little changed, restrained by lingering Middle East tensions …
Gold prices have risen sharply in August, driven by macroeconomic factors such as the falling likelihood of Federal Reserve interest rate hikes and a weaker US dollar. This trend is expected to continue, with some analysts predicting gold will reach $5,000 again in the fi…
The U.S. dollar-Chinese yuan has become the most-traded currency pair in Hong Kong, surpassing the Hong Kong dollar-U.S. dollar for the first time in April, the financial hub's Treasury Markets Association said.
How coordinated currency buying interventions work
Coordinated currency interventions involve multiple governments buying an under-pressure currency to boost demand and signal commitment, as seen in the recent Japan-U.S. effort to strengthen the yen against the dollar.
Strategist explains why U.S. yen support is built to fail
U.S. efforts to support the Japanese yen are unlikely to produce a lasting recovery as Japan's economic policies, interest-rate gap, and preference for a weaker currency continue to work against the intervention, according to Yardeni Research.
Asia FX subdued, dollar near 7-wk low with Iran talks, U.S. jobs data in focus
Asian currencies were little changed on Thursday, while the U.S. dollar hovered near a seven-week low as investors cautiously monitored developments in Middle East peace negotiations and awaited key U.S. labor market data for clues on the Federal Reserve's interest-rate p…
Sterling Today: Pound Holds Above $1.34 as Dollar Stays Firm on Fed Hike Risk
The British pound held steady above $1.34 against the US dollar on Wednesday, while the euro edged higher. The dollar's resilience, attributed to lingering Federal Reserve rate hike expectations, capped gains for both currencies despite improved market risk appetite.
Canadian dollar weakens as oil prices fall on trade data
The Canadian dollar declined against the U.S. dollar on Tuesday as oil prices dropped, even as data showed Canada recorded its fourth consecutive month of trade surpluses.
Gold prices are showing signs of stabilising after a prolonged phase of correction, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. The recovery indicates that buying interest is gradually returning, although the broader trend …
Japan and the US have jointly intervened to halt a slide in the yen to a fresh 40-year low. The joint intervention is the first since 2011, when both countries took coordinated action to weaken the yen after the devastating earthquake and tsunami that hit eastern Japan.
Dollar suddenly falls against yen, traders on alert for further intervention
The US dollar suddenly dropped against the yen on Monday, reversing gains made earlier in the session, keeping traders on alert for further intervention by authorities to shore up the Japanese currency.
Exclusive-Bessent’s ’to do’ list: buy $5-10 billion worth of Japanese yen, Reuters photo shows
U.S. Treasury Secretary Scott Bessent's 'to-do' list during a cabinet meeting at Camp David shows he is contemplating U.S. purchases of $5 billion to $10 billion worth of Japanese yen.
Canadian dollar rises slightly as markets await Fed decision
The Canadian dollar gained ground against the U.S. dollar on Tuesday, though the advance remained modest as oil prices declined and market participants looked ahead to a Federal Reserve interest rate decision later this week.
UBS raises USD/SGD price target on Fed hawkishness, MAS tightening
UBS revised its USD/SGD price targets higher following the Monetary Authority of Singapore’s July monetary policy tightening and the Federal Reserve’s continued hawkish stance.
BofA sees Hong Kong dollar rates spike risk on Fed hikes
Bank of America warns that Hong Kong's interbank market faces conditions for a sharp repricing as the Federal Reserve potentially raises rates further this year. The bank's analysis shows HKD rates have partially recovered from 2025 shocks but remain around 100 basis poin…
Asian FX subdued as Middle East tensions offset softer dollar; yen under pressure
Asian currencies traded in narrow ranges on Friday as escalating tensions in the Middle East curbed appetite for riskier assets, offsetting support from a softer U.S. dollar, while the Japanese yen remained pinned near a four-decade low despite renewed intervention warnin…
South African rand rises as US inflation data weakens dollar
The South African rand strengthened against the US dollar on Tuesday after US consumer inflation data came in below expectations for June, reducing the likelihood of a Federal Reserve interest rate increase this year.
BofA says yen bearishness hits four-year extreme as policy fears mount
Investor sentiment toward the Japanese yen has deteriorated to its most bearish level in four years, as concerns over Japan's monetary and fiscal outlook continue to outweigh the risk of official currency intervention, according to Bank of America Global Research's latest…
Euro to fall to $1.10 by year-end, Capital Economics says
Capital Economics forecasts the euro will decline to $1.10 against the US dollar by the end of 2026, driven by diverging interest rate policies between the Federal Reserve and the European Central Bank.
Yen falls to weakest level versus dollar since December 1986
The Japanese yen has fallen to its lowest level against the US dollar since December 1986. The yen declined as much as 0.1% to reach 161.96 per dollar.
UBS turns more bullish on U.S. dollar, sees euro and yen weakening further
UBS has raised its forecasts for the US dollar against several major currencies. The bank expects the euro to weaken further and the Japanese yen to slide.
Bitcoin's price drops toward new 2026 lows due to spot BTC ETF outflows and slowing accumulation from Strategy, weighing on market sentiment. The US dollar's strength and cooling oil prices add pressure on non-yield bearing assets.
Barclays sees Thai baht trading in narrow range on tourism weakness
Barclays expects the Thai baht to trade in a narrow range against the US dollar. The bank cites weaker tourism and an elevated energy import bill as factors.
The case for emerging markets has become increasingly compelling due to a weakening U.S. dollar, strengthening fundamentals, and attractive valuations. Emerging markets' 2025 rally was built on strong earnings, not hope or cheap money.
Asia FX weakens as dollar holds 13-mth peak on Fed outlook; yen near 40-yr low
The US dollar held near a 13-month high, pressuring Asian currencies, as investors monitored developments surrounding a US-Iran peace agreement and assessed a hawkish shift in the Federal Reserve's policy outlook. The Japanese yen remained under pressure, near 40-year lows.