Analysis: Currencies

BOJ to keep raising interest rates, governor Ueda says

Bank of Japan Governor Kazuo Ueda said on Monday the central bank will continue to raise interest rates if economic and price developments move in line with its forecast. Wages and...

Dollar firms as traders look past Venezuela to flurry of US data

The dollar started the first full trading week of the New Year on the front foot, rising to a 3-1/2-week peak versus the euro and a two-week high against the yen. Currency traders...

Dollar firmer as Venezuela raid hangs over sentiment

The dollar started the first full trading week of the new year on the front foot, rising to a 3-1/2-week high versus the euro and gaining against sterling. Currency moves have so far...

Fed's Paulson signals another rate cut could take a while 

Federal Reserve Bank of Philadelphia President Anna Paulson said on Saturday that further central bank rate cuts could be some way off while officials take stock of the economy's performance after an...

Germany's CSU says it will push ahead with European stock exchange plan

Germany's conservative Christian Social Union , sister party to Friedrich Merz's CDU, on Saturday said it will help push ahead with the Chancellor's call for a single European stock exchange to...

Dollar rises to start 2026 after biggest annual drop in eight years

The U.S. dollar began 2026 stronger on Friday, snapping last year's slump against most currencies as investors look ahead to a critical week of economic data that could steer Federal Reserve policy...

Venezuela events, jobs data set to jolt stocks as 2026 kicks off

The first full trading week of the new year could shake the U.S. stock market out of its winter holiday slumber as investors parse the rapid developments in Venezuela while monthly jobs data looms. ...

Dollar starts 2026 tentatively higher after biggest annual drop in eight years

The U.S. dollar made a slightly positive start to 2026 on Friday after struggling against most currencies last year, while the yen inched back towards a 10-month low as traders awaited U.S. economic...

Turkey plans first overseas deepwater drilling in Somalia next month

Turkey will send a drilling vessel to Somalia in February to carry out the country's first deepwater exploration project abroad, Energy Minister Alparslan Bayraktar said on Wednesday. He...

India central bank likely active near 90 to dollar via state-run banks, traders say

The India rupee found support near the 90-per-dollar mark on Friday, with traders citing dollar sales by state-run banks, likely on behalf of the central bank. The rupee was trading near...

Dollar makes a soft start to 2026 after sharpest drop in 8 years

The U.S. dollar made a feeble start to 2026 on Friday after struggling against most currencies last year, while the yen steadied near 10-month lows as traders awaited economic data this month to gauge...

Bulgaria celebrates entry into euro zone, lev currency banished into history

EU member Bulgaria marked its entry into the euro zone on Thursday with a display of euro coins on the facade of the central bank in Sofia and fireworks to celebrate a long-awaited milestone. ...

Fed buying, record repo facility use steady year-end US funding markets

U.S. short-term funding markets saw some of the usual year-end tension this week, but the Federal Reserve's renewed buying of short-term government debt and heavy use of its Standing Repo Facility...

Indian rupee enters 2026 on the back foot after worst annual drop in three years

The Indian rupee posted its largest annual fall in three years, weighed down by record equity outflows and the lack of a U.S. trade deal that left it out of the rally across Asia, with prospects for a...

Dollar climbs after claims data but still well down in 2025

The U.S. dollar advanced on Wednesday, erasing earlier declines after a stronger than expected labor market reading, but it was still set for its biggest annual drop since 2017 after a year of...

Fed policymakers judged 'ample' levels of reserves warranted bill-buying, minutes show

The Federal Reserve's decision earlier this month to start buying short-dated government bonds came after a recommendation from staff to do so and a judgment by policymakers that the level of reserves...

Fed officials showed deep divisions at December meeting, minutes show

The U.S. Federal Reserve agreed to cut interest rates at its December meeting only after a deeply nuanced debate about the risks facing the U.S. economy right now, according to minutes of the latest...

Trump administration must fund US consumer finance watchdog, judge says

A federal judge on Tuesday rejected a claim by President Donald Trump's administration that it is legally barred from securing funding for the U.S. Consumer Financial Protection Bureau, noting that a...

US removes former Sberbank executive Alexandra Buriko from sanctions list

The United States has removed Alexandra Buriko, the former chief financial officer of Russia's state-owned Sberbank, from its list of sanctioned individuals, according to a post on the Treasury...