The USD/INR is near the 85.3500 ratio as of this writing with its rather typical wide spread being seen via bids and asks which leave…
European Central Bank (ECB) policymaker Robert Holzmann said on Thursday, “the Euro’s importance as a global currency is set to increase.” Further comments Frequent shifts…
Chairman of the Swiss National Bank (SNB) Martin Schlegel noted on Monday that uncertainty surrounding inflation has made it more difficult to actively manage foreign…
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Friday that “we are not currently in a currency war but rather a trade…
USD/KRW briefly backslid below 1,400.00 on Wednesday as the Korean Won catches a bid. Details remain thin, but US representatives were reported to have engaged…
United States (US) Deputy Treasury Secretary Michael Faulkender hit newswires on Tuesday, noting that despite ongoing market tensions and investor concerns about US economic stability,…
The US Dollar Index edges slightly lower, although the daily range gets tighter. Traders are assessing the spillover risk from the Taiwan Dollar surge on…
On the subject of trade talks, US Treasury Secretary Scott Bessent’s discussions with Japan and South Korea seem to be going well, ING’s FX analyst…
This morning, the PBoC raised its USD/CNY exchange rate fixing again, paving the way for a slightly weaker CNY, Commerzbank’s FX analyst Volkmar Baur notes.…
GBP/USD continues to benefit from broader dollar weakness and reserve diversification trends, with FX managers potentially trimming dollar holdings in favor of currencies like sterling.…