India’s most dramatic step in more than a decade to curb speculation in the foreign-exchange market delivered only fleeting ...

In a decisive move to stabilise the falling rupee, the Reserve Bank of India has imposed fresh curbs on speculative trading by banks, marking one of its strongest interventions in over a decade. Under ...

Currency markets showed signs of fatigue on Wednesday, with traders cautious over U.S. President Donald Trump's efforts to ...

The U.S. dollar drifted on Tuesday, while the Australian dollar eased slightly ahead of an expected rate hike from the ...

The yen has been the funding currency for carry trades, where investors borrow cheaply in Japan and invest in higher-yielding ...

Using data on four USD-pegged stablecoins and 27 fiat currencies, this paper documents spillovers from stablecoin-based foreign exchange (FX) to traditional FX markets. We document a gap between the ...

Japan is open to intervening in the currency market “to mitigate the side effects of a weak yen,” a government panel member said, reflecting Prime Minister Sanae Takaichi’s concerns about inflation.

The foreign exchange market, commonly known as the forex market, is the largest financial market in the world. With daily trading volumes exceeding seve ...

Global currencies swung widely on Tuesday as foreign exchange traders priced in the effects of an increasingly broad supply-side inflationary shock resulting from the Iran war. The US dollar index (DX ...