Forex

US and Japan Coordinate on Yen Support as Currency Weakness Raises Global Concerns

The US and Japan are moving toward rare coordinated action to prop up the weakening yen, with Washington leaning on the Federal Reserve to limit global spi

Circle Names BlackRock and Visa as Initial Arc Partners, Signaling Institutional Backing

Circle unveiled BlackRock, Visa and others as initial Arc blockchain partners as quarterly revenue rose and shares surged 6% on accelerating stablecoin cir

Amazon’s Zoox to Launch First Paid Robotaxi Service in Las Vegas on Aug. 10

Amazon-owned Zoox will begin charging for autonomous rides in Las Vegas on August 10, its first commercial market and a major step into the robotaxi race.

AMD Shares Slide After Earnings as Investors Demand a Bigger AI Payoff

AMD stock fell about 5% after its latest earnings as investors sought a bigger AI payoff, citing muted upside and margin concerns despite analyst optimism.

Eli Lilly Lifts Revenue Forecast as Obesity and Diabetes Drug Demand Surges

Eli Lilly lifted its full-year revenue forecast as surging Mounjaro and Zepbound sales widened its lead over Novo Nordisk in the weight-loss drug market.

US and Japan Coordinate on Yen Support as Currency Weakness Raises Global Concerns

The US and Japan are moving toward rare coordinated action to prop up the weakening yen, with Washington leaning on the Federal Reserve to limit global spi

US Joins Japan in Rare Currency Intervention to Prop Up the Faltering Yen

The US has joined Japan in a rare coordinated currency intervention to support the faltering yen, with analysts questioning the reported use of euros.

Yen Hits Three-Month High After Rare Joint US-Japan Currency Intervention

The yen strengthened to ¥155 against the dollar after Washington and Tokyo confirmed a rare joint currency intervention, though analysts question its stayi

Oil Prices Slide as US-Iran Talks Fuel Hopes of Lasting De-escalation

Crude prices fell as Trump touted 'friendly talks' with Iran and Netanyahu arrived in Washington, raising hopes of ending the five-month conflict.

China Bolsters Digital Yuan Reach: 12 New Banks Join E-CNY Network

China expands its digital yuan program by adding 12 new banks, increasing the total number of authorized operators to 22. The move aims to boost adoption and accessibility of the e-CNY.

Japan Weighs Bold Oil Market Move to Rescue the Yen

Japan is considering a novel move to support its weakening yen: intervening in crude oil futures markets. Experts have raised questions about the feasibility, risks, and potential efficacy of this bold economic strategy.

SNB Holds Rates Steady, Signals Increased FX Intervention Amid Geopolitical Tensions

The Swiss National Bank will maintain zero interest rates through 2026, increasing its readiness for foreign exchange interventions to manage the strengthening Swiss franc amid geopolitical tensions.

Yen Slides to Two-Week Low as Dovish BOJ Nominations Deepen Policy Uncertainty

The Japanese yen weakened to a two-week low amid uncertainty over the Bank of Japan's policy direction following dovish board nominations and ongoing global trade tensions.

Yen Volatility Returns as Leaders Walk Back Comments on Currency Benefits

Japan’s leadership moved to limit market fallout after comments praising a weaker yen triggered a selloff and sent the dollar back above 155. Officials emphasized the remarks were general and not a directional signal.

Bitcoin Slides Below $80,000 As Thin Liquidity And Fed-Policy Jitters Deepen The Crypto Selloff

Bitcoin fell below $80,000 as thin weekend liquidity and renewed concerns about Fed tightening and balance-sheet reduction triggered a broader crypto selloff that also pushed Ether sharply lower.

JP Morgan CEO Jamie Dimon Slams Trump’s Credit Card Cap as ‘Economic Disaster’

JPMorgan Chase CEO Jamie Dimon has issued a stark warning against former President Donald Trump's proposal to cap credit card interest rates at 10%....

Gold Prices Soar Past $4,800 Amidst Geopolitical Storms and Safe-Haven Rush

Gold prices surge above $4,800 per ounce driven by geopolitical tensions, safe-haven demand, and a weaker US dollar. Explore the factors influencing this record-breaking rally and what it means for investors.

Navigating Forex Volatility: US-China Trade Tensions and Fed Policy Shape Currency Markets

Global forex markets are experiencing significant fluctuations, driven by the ongoing US-China trade negotiations and the US Federal Reserve's monetary policy stance. Investors are...

China’s Central Bank Bolsters Yuan Stability and Eases Forex Transactions

China's central bank and foreign exchange regulator are implementing a series of measures aimed at stabilizing the yuan and streamlining foreign exchange transactions. These...

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