Forex

The yen, Colombian peso and Mexican peso are all gaining against the dollar, but rate hikes, oil prices and carry trades are driving very different moves.

The dollar has reached a two-week high, yet a Reuters poll shows most FX strategists still expect weakness and see the euro reaching $1.18.

Bessent says Treasury bought yen rather than lending to Japan, as Washington faces scrutiny over its rare intervention in currency markets.

De-dollarization gains momentum as sanctions, reserve freezes and trade tensions drive more countries toward alternative settlement systems.

U.S. and Japan jointly intervene to support the yen for the first time since 1998 after it fell near 40-year lows.

Japan likely spent $52.8B buying yen as USD/JPY swung below $158, then near $159 after the BOJ held rates at 1% and U.S. rate checks.

USD/JPY fell below 155 on hawkish BoJ signals and narrowing rate spreads. Carry trade risks rise ahead of election. Yen rally brewing?

The dollar sinks to a four-year low as policy uncertainty and inflation fears lift the euro above $1.20. What’s next for USD to EUR?

The US dollar hit a four-year low as policy risks rise and markets expect a Fed pause. Global currencies gained as confidence in the greenback slipped.