forex
51 articles tagged forex, newest first. Every price call in these articles was recorded when published and later checked against market data — see the track record.
North Korea Just Booked a $6.3 Billion Reserve Windfall and the Dollar Didn't Blink
The FBI pinned the largest crypto heist on record on Pyongyang. The dollar closed lower against six of seven majors, and the franc and yen refused to take a hav...
The Biggest Heist in History Didn't Buy the Dollar a Single Bid
Binance froze $2.54 billion and the haven flow went to Zurich and Tokyo. The franc led the session at 0.8214, and the dollar lost ground against six of seven ma...
Lagarde Said the ECB Discussed a Hike and the Euro Made a New 52-Week Low Anyway
The dollar was sold after the Fed's hold, but the euro barely collected. Sterling took the move, and EUR/GBP printed a fresh 52-week low at 0.8344.
India Sold $59.7 Billion of Dollars in Six Weeks. The Majors Moved by Hundredths of a Percent.
Mumbai has been Asia's largest single seller of dollars for six weeks running. The G10 answered with a shrug — and that answer is the information.
French Inflation Hit 3.1% and the Euro Still Lost Ground to Sterling
France's final September CPI accelerated to 3.1% and EUR/GBP still eased to 0.8453, sitting on its 90-day floor. The euro's gain on the dollar was borrowed, not...
Hot CPI Broke the Periphery First: Kiwi to a 52-Week Low, Franc at the Ceiling
The U.S. inflation print did not hit all currencies equally. It found the deficit financers — NZD, sterling, the euro — and left the franc at the top of its 52-...
Mumbai Spends $50 Billion to Stand Still While Ottawa Loses 68,300 Jobs
One G10 pair moved with conviction on Thursday. The costlier adjustment happened off-screen, in an emerging-market reserve account.
Tokyo Legislates, Moscow Licenses — and the FX Market Shrugged: AUD at 0.6946
Japan's digital-asset law and Russia's registration of Sberbank as a crypto custodian are settlement-plumbing decisions with long-dated currency consequences. T...
Five of Eight Majors Closed at a 90-Day Extreme — and the Yen Was the One That Didn't
Hawkish Fed minutes and a 5.70% long bond lifted the dollar against six of seven majors. EUR/USD closed at 1.1186, its 90-day floor. The yen barely flinched.
The Euro Hit a 17-Month Low Against a Dollar Nobody Was Hiding In
EUR/USD touched 1.1162 and closed at 1.1212, its 90-day floor. Risk appetite was healthy and U.S. services data missed — this was the euro's problem alone.
A 5.6% Long Bond Is Repricing the Funding Chain: EUR/USD Prints a 52-Week Low
The 30-year Treasury yield topped 5.6%, its highest since 2002, while the 2-year slipped. The dollar gained on six of seven majors and the commodity bloc sat on...
Yields at Multi-Decade Highs and the Commodity Bloc Breaks First: AUD Pinned to a 90-Day Low
The Aussie shed 0.52% to 0.6951 and sat on its three-month floor while sterling gained 0.27%. A rising global term premium reaches the funding chain before it r...
US Flash PMIs Blow Out and the Commodity Bloc Pays First: AUD Down 1.11%, Kiwi at a 90-Day Low
September flash services PMI printed 58.7 against 56.0 expected, Fed hike odds firmed, and the dollar closed higher against all seven majors. The Antipodeans to...
Central Banks Turned Hawkish Together, and the Dollar Beat All Seven Majors Anyway
A synchronized hawkish turn was supposed to give the dollar competition. Instead it firmed against every major, with sterling the weakest at 1.3325, down 0.34%.
Nothing Moved, Everything Drifted: The Dollar's Quiet Grind Shows Up in the Kiwi First
Not one pair moved more than 0.05% on the session, yet NZD/USD sits 0.2% above its 90-day low and USD/CAD is pressing 1.40. The drift lives in the 30-day column...
The BOJ Hiked, the Yen Fell to 158.02, and Then Tokyo Started Making Calls
A rate hike that arrived with two dissents and a CPI miss behind it did nothing for the yen. USD/JPY ran to 158.024 before a reported rate check pulled it back.
Yields Near 5%, a Fed Decision Pending, and Eight Majors That Barely Breathed
Not one major pair moved a tenth of a percent ahead of the Fed. The drift that did occur — USD/CAD's third green close, the kiwi at its floor — leaned hawkish.
India Bought $44.9 Billion of Dollars and the Dollar Never Noticed
The largest weekly reserve build on record was raised in the forward market, not in spot — which is why the majors barely twitched. The live divergence is yen v...
Rising Yields, a Falling Dollar: Japan's 4.7% Wage Print Is Doing More Than the Fed
USD/JPY printed 152.908 intraday before closing at 154.219 as Treasury three-year paper cleared at 4.474%. When higher US yields stop buying dollar strength, th...
The Yen Broke Its 90-Day Floor With Wall Street Closed — That's the Whole Story
USD/JPY fell 1.00% to 154.432 on a US holiday, taking out its 90-day low while the RBI defended the rupee at 94.42. Fed hike odds rose and the dollar still coul...