Forex News

The U.S. dollar strengthened as traders weighed a rally in oil prices, Middle East escalation and renewed inflation risks. Major currency pairs came under pressure, with EUR/USD, GBP/USD and commodity-linked currencies weakening while USD/JPY pushed higher despite intervention concerns.

The U.S. dollar advanced as traders weighed resilient American economic data, a softer Canadian manufacturing reading and steady euro area unemployment. Major currency pairs remained technically sensitive, with EUR/USD, GBP/USD, USD/CAD and USD/JPY all approaching important support or resistance zones.

Payward-owned Reap is preparing to add a Mexican peso stablecoin to its card, cross-border payment and treasury products through its global partnership with Visa. The plan points to rising interest in local-currency stablecoins that can support foreign exchange activity outside traditional banking hours.

Treasury Secretary Scott Bessent argued that the U.S. economy remains resilient, pointing to the dollar’s central role in foreign exchange and stablecoins. His comments come as the 10-year Treasury yield reaches 5% and debate intensifies over buybacks, debt management and global payment rails.

The US dollar has gained ground against the Swiss franc as the Federal Reserve’s latest rate increase widens the policy gap with Switzerland. While yield dynamics favor the dollar, geopolitical uncertainty and the franc’s safe-haven status could keep USD/CHF from moving in a straight line.

The Bank of Japan lifted its benchmark interest rate by 25 basis points, taking it to the highest level in 31 years as inflation risks remain in focus. Bitcoin climbed above $77,000 while the yen weakened against the dollar, underscoring the complex market reaction to Japan’s latest tightening step.

The yen’s rally has pushed USD/JPY toward 153.61, with traders weighing US inflation, Bank of Japan rate expectations and the risk of renewed official intervention. Rising Japanese yields and possible institutional repatriation are adding a deeper structural layer to yen demand.

The US dollar remained close to familiar levels after July inflation data matched consensus across headline and core measures. Softer jobs data and another decline in inflation have pushed more hawkish Federal Reserve expectations out of immediate focus.

The US dollar remained broadly steady after July inflation data landed in line with market expectations, limiting volatility across major markets. Softer jobs momentum and another cooling inflation reading have pushed more hawkish Federal Reserve expectations into the background for now.

LMAX Group is assessing strategic alternatives with major advisers as the institutional trading platform weighs paths that could include a sale, SPAC merger or public listing. A Nasdaq listing is viewed by some people familiar with the discussions as the preferred route, though the firm is not under immediate pressure to move while crypto markets remain soft.

AUD/USD held recent gains after weaker-than-expected U.S. inflation data sharply reduced the market-implied chance of a July Federal Reserve rate hike. Technical traders are watching nearby support around 0.6970 and resistance near 0.7020 as the pair digests its midweek rally.

The U.S. Dollar Index gained ground as traders reacted to geopolitical tension, a sharp rise in oil prices, and firmer Treasury yields. EUR/USD and GBP/USD weakened, USD/CAD hovered near support, and USD/JPY advanced toward the 162.50 area.

Bitcoin, XRP and other major cryptocurrencies are still gaining globally, but their yen-denominated pairs are underperforming as the Japanese currency strengthens. The move reflects renewed intervention fears, hotter wholesale inflation and expectations that the Bank of Japan may raise rates faster.

A former Bank of Japan official has warned that the central bank may raise rates rapidly this year, potentially pushing borrowing costs above 2% as the yen keeps weakening. For bitcoin, the implications are not straightforward, with tighter Japanese policy potentially pressuring risk assets even as BTC and the yen have recently moved together against the dollar.

USD/MXN retreated after an intraday attempt to climb above 17.50, leaving traders focused on whether the move was a liquidity grab or the start of a larger reversal. With rate expectations still in play, the pair remains vulnerable to short-term downside pressure if support gives way.

USD/CHF slipped after an extended rally as traders weighed carry trade demand, a firmer U.S. dollar, and the risk of short-term exhaustion. The 0.80 area is now emerging as a key technical level that could decide whether the pair resumes its climb or extends the pullback.

Chainlink has joined Project Pangea, a banking coalition focused on real-time stablecoin settlement for cross-border foreign exchange trades. The initiative aims to reduce settlement risk and preserve existing Swift and ISO 20022 workflows.

The Federal Reserve keeps interest rates unchanged at 3.50%-3.75% in Jerome Powell’s final meeting as chair. Markets focus on inflation risks, dissenting votes, and the future policy path.

The Federal Reserve is expected to keep rates at 3.50%–3.75% as markets await guidance on inflation, Iran conflict risks, and Jerome Powell’s potential final FOMC meeting.

US January nonfarm payrolls preview shows rising downside risks as soft labor data builds. Here’s what it means for the Fed, USD, and Treasury yields.

December US CPI expected at 2.7% YoY as markets prepare for the report; investors watch labor market, inflation trends, and Fed policy signals.

The Federal Reserve meets September 16–17, with markets expecting a rate cut. Powell’s guidance on inflation, jobs, and Trump’s political pressure could set the tone for markets.

President Trump orders the U.S. Treasury to halt penny production, citing high costs.

Gold prices consolidate near $2,640 as market uncertainty grows ahead of Trump’s inauguration. Explore key support, resistance levels, and technical analysis for XAU/USD.