Analysis: Currencies

Japan's yen gains on intervention signals, softer US dollar

The yen firmed against the U.S. dollar on Monday after Japanese officials warned against one-sided and sharp currency moves, signaling readiness to take appropriate action in what analysts viewed as a...

BOJ to raise interest rates to 1.5% under Ueda, ex-central bank policymaker says

The Bank of Japan will likely raise interest rates three more times to 1.5% during Governor Kazuo Ueda's remaining term through early 2028, former central bank board member Makoto Sakurai told Reuters...

Japan eyes $7 trillion household savings pile for fresh bond demand

Japan is looking to the country's $7 trillion household savings hoard to support bond demand with plans to launch new products and incentives, building on hot recent retail sales and filling a void...

Yen wallows near record lows on cautious BOJ stance despite intervention warnings

The yen languished near record lows to the euro and Swiss franc on Monday as the lack of hawkish signals from the Bank of Japan emboldened traders, even as Japanese officials stepped up warnings...

Yen wallows near record low to euro as BOJ keeps cautious tone after rate hike

The yen languished near a record low to the euro on Monday, after Bank of Japan Governor Kazuo Ueda stuck to his usual cautious rhetoric following an interest rate hike on Friday. The...

White House's Hassett tells Fox Business Trump is right where others are wrong about inflation

White House economic advisor Kevin Hassett, who is on a shortlist to potentially become Federal Reserve leader, said on Fox Business Friday that President Donald Trump is right when he says inflation...

EU Council backs digital euro with both online and offline functionality

The EU Council on Friday backed a negotiating position for a digital euro that includes both online and offline functionality, diverging from earlier European Parliament proposals that focused solely...

Markets quietly welcome EU shift to joint borrowing for Ukraine loan

The European Union's decision to fund lending to Ukraine through borrowing is welcome news to markets, analysts said on Friday, cementing the use ?of joint ?debt as a financing solution while avoiding...

How will the EU's 90 billion euro loan to Ukraine work?

A 90 billion euro EU loan for Ukraine, blocked by Hungary under outgoing Prime Minister Viktor Orban, could be revived following Orban's defeat in an election this month and a resumption of Russian...

ECB's growth, inflation risks are large but balanced, Sleijpen says

Risks to euro zone growth and inflation are fairly balanced ?but ?remain large, so the European Central Bank needs to keep an open mind about future policy moves, Dutch central bank chief Olaf...

Currencies: Political Dissent

At first glance, the US Federal Reserve did the job expected of it, but a closer reading still reveals real dissension within the institution that cannot be kept quiet.

Sterling hits 17-year high against yen as traders overlook rate divergence

The pound held steady against the euro and the dollar on Friday, after the ?Bank of ?England delivered an expected rate cut, while hitting its highest since 2008 against the yen, hit by profit-taking...

Ukraine welcomes 90 billion-euro EU loan, despite lack of deal on Russian assets

Ukraine thanked the European Union on Friday for deciding to provide it with 90 billion euros of ?support over the next two years - even if the bloc failed to agree on an ambitious plan to finance it...

Indian rupee forward premiums hit 3-year high on year-end adjustments, hedging

U.S. dollar/Indian rupee forward premiums rose to three-year peaks on ?Friday, ?spurred by excess dollar liquidity, traders unwinding positions and hedging demand in the non-deliverable forward...

Investors react to EU funding deal for Ukraine

European Union leaders decided on Friday to borrow cash to fund Ukraine's defence against Russia rather than use ?frozen ?Russian assets, sidestepping divisions to secure a 90 billion euro loan. ...

French central bank sees higher growth ahead - if political clouds clear

The French economy is expected to post modest but ?steady growth ?in the coming years, driven by a recovery in household spending and business investment if political uncertainty clears, the central...

BOJ Governor Ueda's comments at news conference

The Bank of Japan has raised its interest rates on Friday to levels unseen in three decades and signalled readiness for further hikes, taking another landmark step in ?ending ?decades of huge monetary...

Japan's core inflation steady in November, stays above BOJ target

Japan's core consumer prices rose ?3.0% ?in November from a year earlier, data showed on Friday, staying above the central bank's 2% target for the 44th straight month. The outcome...

Bank of Japan raises rates to 30-year high, signals more hikes

STORY: The Bank of Japan raised interest rates on Friday to levels not seen in 30 years. The new rate of 0.75% is up from a previous 0.5%, and the first rise since January. ...