Currency Alerts

The Japanese yen weakened against other major currencies in the Asian session on Friday after the Bank of Japan left its key interest rate unchanged and raised its inflation outlook. The policy board unanimously decided to hold the uncollateralized overnight call rate to remain around 0 to 0.1 percent. The...

The Japanese yen weakened against other major currencies in the Asian session on Friday. The yen fell to a 34-year low of 156.22 against the U.S. dollar, a 16-year low of 167.53 against the euro and a 9-year low of 195.33 against the pound, from yesterday's closing quotes of 156.65, 167.00 and 194.76,...

The U.S. dollar appreciated against its major counterparts in the New York session on Thursday, as GDP data showed a hot inflation reading for the first quarter and initial jobless claims fell to a two-month low last week, dashing hopes of a rate cut before September. Data from the Commerce Department...

Disappointing earning updates and guidance from the corporate sector especially from Meta Platforms dampened market sentiment. Weakness in the technology sector spilled over to the broader markets.

The Japanese yen weakened against other major currencies in the Asian session on Thursday, as market speculate the Japanese authorities is likely to intervene the foreign exchange market to prop up the yen ahead of the BOJ policy meeting. The Bank of Japan (BOJ) will start its two-day rate-setting...

The Japanese yen weakened against other major currencies in the Asian session on Thursday. The yen declined to a 34-year low of 155.75 against the U.S. dollar, a 16-year low of 166.80 against the euro and a 9-year low of 194.25 against the pound, from yesterday's closing quotes of 155.34, 166.17 and...

The Canadian dollar moved down against its major counterparts in the New York session on Wednesday, following the release of weak retail sales data for February. Data from Statistics Canada showed that retail sales fell 0.1 percent in February following a 0.3 percent drop in the previous month. Economists...

Positive earnings updates from the corporate sector helped markets extend gains. Bank of America upgrading the Tesla stock to Buy also boosted sentiment.

The Swiss franc weakened against other major currencies in the European session on Wednesday. The Swiss franc fell to nearly a 2-week low of 0.9777 against the euro and an 8-day low of 1.1376 against the pound, from early highs of 0.9758 and 1.1349, respectively. Against the U.S. dollar and the...

The Japanese yen weakened against their major currencies in the Asian session on Wednesday, as markets expect currency intervention by Japanese authorities to prop up the currency ahead of this week's Bank of Japan policy meeting. Traders await the BOJ's two-day policy meeting starts on Thursday for...

The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of Australia's higher-than-expected consumer prices on quarter in the first quarter of 2024. Data from the Australian Bureau of Statistics showed that the consumer prices in Australia...

The U.S. dollar weakened against the euro and the pound in the Asian session on Wednesday. The U.S. dollar fell to nearly a 1-week low of 1.0715 against the euro, from yesterday's closing value of 1.0699. Against the pound, the greenback slid to a 5-day low of 1.2465 from Tuesday's closing value...

The Japanese yen weakened against other major currencies in the Asian session on Wednesday. The yen declined to a 34-year low of 154.95 against the U.S. dollar and nearly a 17-year low of 113.38 against the Canadian dollar, from yesterday's closing quotes of 154.82 and 113.30, respectively. Against...

The New Zealand dollar strengthened against most major currencies in the Asian session on Wednesday. The NZ dollar rose to near 2-week highs of 0.5952 against the U.S. dollar and 92.14 against the yen, from yesterday's closing quotes of 0.5930 and 91.85, respectively. Against the euro, the kiwi...

The Australian dollar strengthened against other major currencies in the Asian session on Wednesday. The Australian dollar rose to nearly a 10-year high of 101.07 against the yen and a 10-month high of 1.0983 against the NZ dollar, from yesterday's closing quotes of 100.42 and 1.0932, respectively....