Forex News
Currency market coverage, central bank policy, and global macro analysis.
GBP/JPY Rebounds to 215.10 as Yen Fails to Capitalize on BoJ Hawkish Rate Hike
GBP/JPY rebounded to around 215.10 after a brief dip as traders digested the Bank of Japan hawkish rate hike; sterling recovered while yen underperformed
Jun 17, 2026
๐ GlobalEmerging-Market Stocks Extend Three-Day Rally Toward Record as Tech Surges and Oil Falls
Emerging-market equities advanced for a third consecutive session on June 16, holding near a record high driven by tech gains and crude oil declines.
Jun 16, 2026
๐ GlobalBank of Japan Rate Hike Strengthens Yen; USD/JPY Pulls Back to 160.10
USD/JPY depreciated to around 160.10 during Asian hours after BoJ delivered a rate hike decision
Jun 16, 2026
๐ GlobalJapan Economy Minister Attends BoJ Meeting as Rate Hike Expectations Build
Japan's Economy Minister Kiuchi attended the BoJ policy meeting and urged sustainable communication on the 2% inflation target, declining to comment on rate hike expectations.
Jun 16, 2026
๐จ๐ณ ChinaChina Steel Index Rises to 64.4 in May as FX Inflows Surge and Nuclear Construction Advances
China's Steel SOPI rose to 64.4 in May (up 1.9 MoM), foreign investors remained net buyers of Chinese securities per SAFE data, and CGN completed the Fujian Ningde nuclear dome installation milestone.
Jun 16, 2026
๐ GlobalEUR/USD Holds Near 1.1598, Touches 1.1662 Intraday as Iran Deal Softens Dollar
EUR/USD traded around 1.1598 Monday, hitting an intraday high of 1.1662 as the US-Iran peace deal reduced safe-haven dollar demand.
Jun 16, 2026
๐ GlobalNZD/USD Climbs to 0.5840 on USD Weakness as US-Iran Deal Fuels Risk Appetite
NZD/USD traded around 0.5840 on Monday, up 0.17%, as broad USD weakness followed the US-Iran framework agreement.
Jun 16, 2026
๐ง๐ท BrazilTrump Sets Sunday Iran Deal Deadline and Immediate Hormuz Reopening as Tehran Pushes Back
Trump declared the US-Iran deal should be signed Sunday with immediate Strait of Hormuz reopening, but Iran denied the timeline โ creating uncertainty over the deal that triggered Monday 5% oil price decline.
Jun 15, 2026
๐ฌ๐ง United KingdomSwiss Voters Reject 10 Million Population Cap, Preserving Open Immigration and Labor Market
Swiss voters rejected a proposal backed by the SVP to cap population at 10 million โ 54% voted against โ preserving Switzerland immigration-based economic model and bilateral EU labor agreements.
Jun 15, 2026
๐ GlobalSilver Surges 3.94% to 70.70 as Weaker Dollar and US-Iran Framework Lift Metals
Silver (XAG/USD) climbed 3.94% to 70.70 as the US Dollar weakened on the US-Iran peace framework, with the Federal Reserve rate decision looming as the next key catalyst for metals.
Jun 15, 2026
๐ GlobalECB Kazimir Pushes for Front-Loaded Rate Hikes Despite US-Iran Peace Deal Easing
ECB Governing Council member Peter Kazimir stressed the need for frontloading interest rate hikes despite the US-Iran peace framework reducing oil supply risk and inflation pressure.
Jun 15, 2026
๐ฎ๐ณ IndiaRupee Hits Five-Week High After Oil Plunges; Traders Eye Further Rally on Iran Peace Deal
Indian rupee rose to a five-week high as crude oil prices plunged following the US-Iran preliminary peace deal
Jun 15, 2026
๐บ๐ธ United StatesOil Plunges 5%+ to 3-Month Low as Trump-Iran Deal Lifts Indian Equities, Rupee, European Markets
Crude oil fell more than 5% to three-month lows after Trump and Iranian leaders confirmed a deal ending 100+ days of war
Jun 15, 2026
๐ฎ๐ณ IndiaCNBC-TV18 Monday Briefing: US-Iran Deal, Rupee Rally, Vedanta Demerger, and Parametric Insurance
CNBC-TV18 covers the US-Iran peace deal, a surging rupee, Vedanta demerger, and emerging parametric insurance trend in Monday's briefing
Jun 15, 2026
๐จ๐ฆ CanadaDiverging Global Rate Paths Force Emerging-Market Investors to Reshuffle Country Bets
A growing divergence in global interest-rate outlooks is forcing emerging-market investors to reshuffle their bets
Jun 15, 2026
๐ GlobalIndian Rupee Surges to 84.60 as Oil Nosedives on US-Iran Peace Deal
The Indian Rupee surged strongly against the US Dollar as oil prices nosedived on the US-Iran peace deal
Jun 15, 2026
๐บ๐ธ United StatesYen Short Positions Build as BoJ Caution Extends Carry Trade Runway
Speculative accounts have pushed yen short positions to elevated levels, betting the Bank of Japan remains too cautious to hike aggressively enough to close the rate gap with the Federal Reserve.
Jun 15, 2026
๐จ๐ณ ChinaChina Launches Cross-Border Digital Payment System Backed by Five Central Banks to Rival Dollar
Beijing is launching a cross-border digital payments platform backed by Hong Kong, Thailand, UAE, and Saudi Arabia central banks to compete with dollar-based SWIFT infrastructure.
Jun 15, 2026
๐ GlobalUSD/JPY Flatlines Near 160 as Iran Deal Softens Dollar While BoJ Hike Bets Pressure Yen
USD/JPY trades near 160.20 as the US dollar softens on the Iran peace deal while yen faces BoJ rate hike speculation, creating an unusual equilibrium.
Jun 15, 2026
๐ฐ๐ท South KoreaKorean Won Hits 2009-Crisis Level at 1,550 as AI Robots Enter Steel Plants
KRW/USD hit 1,550.2, highest since 2009 crisis, as foreign selling and strong dollar squeeze Korea; manufacturers deploy AI robots for 1,500ยฐC steel work.
Jun 14, 2026
๐ฎ๐ณ IndiaFPIs Pull โน2.6 Lakh Crore From Indian Markets YTD โ Can India Stay Preferred Emerging Market?
Foreign portfolio investors have withdrawn over โน2.6 lakh crore (~$31B) from Indian capital markets year-to-date through June 12.
Jun 14, 2026
๐ธ๐ฌ SingaporeTraders Accumulate $27.8B in USD Longs โ Most Bullish Dollar Bet Since February 2025
Hedge funds, asset managers, and speculators have accumulated $27.8 billion in US dollar long positions.
Jun 13, 2026
๐ธ๐ฌ SingaporeUS and Iran Edge Toward Interim Nuclear Deal as Geneva Emerges as Likely Venue
US and Iran are nearing an interim nuclear deal signing timed close to the G7 summit next week.
Jun 13, 2026
๐ GlobalCzech Central Bank Governor Says June Rate Hike Is a Real Possibility to Curb Inflation
CNB Governor Ales Michl told Bloomberg a June rate hike is 'a real possibility' as inflation risks persist.
Jun 13, 2026
๐ GlobalECB Delivers 25bp Hike, July Move Likely as Services Inflation Stays Sticky โ EUR/USD Divergence Trade Builds
Nordea's Nordea analyst Jan von Gerich says the ECB is likely to hike again in July as broadening services inflation remains sticky despite softer oil prices. ECB-Fed divergence fuels EUR/USD long trade.
Jun 13, 2026
๐ฎ๐ณ IndiaIndian Rupee Surges 65 Paise to 95.20 vs Dollar โ Equity Inflows and Dollar Weakness Drive Sharp Gain
The Indian rupee appreciated sharply by 65 paise to 95.20/USD on strong domestic equity buying and a weaker dollar. Cheaper oil imports and compressed IT export revenues are the key sector effects.
Jun 13, 2026
๐ GlobalEUR/JPY Rises to 185.45 as ECB Rate Hike Expectations Boost Euro Against Yen
The Euro traded 0.12% higher versus the Japanese Yen at 185.45 during the European session, driven by ECB rate hike expectations
Jun 13, 2026
๐ GlobalBank of Thailand Resists Emergency Rate Move as Baht Shows Modest Weakness on Iran Conflict
The Bank of Thailand sees no need for a special MPC emergency meeting despite Baht weakness tied to the US-Iran conflict
Jun 12, 2026
๐ฉ๐ช GermanyArgentine Peso Plunges Toward Historic Lows as Dangerous Debt Strategy Raises Crash Risk
The Argentine peso is approaching historic lows in June 2026 after a brief recovery phase, reigniting fears of another financial crisis.
Jun 12, 2026
๐ GlobalIndian Rupee Drops to 95.65 Against Dollar as Oil Surge on US-Iran Ceasefire Fears Hits INR
USD/INR rose to near 95.65 as sharp oil price recovery on US-Iran ceasefire collapse fears weakened the rupee
Jun 11, 2026