The British pound has largely shrugged off another change of government and geopolitical shocks to outperform many of its peers this year, but the currency’s recent weakness could be set to deepen. Sterling has gained around 1.6% against the euro year-to-date, adding 2.8% against the Swiss franc, 4.9% against the Swedish krona and 1% against…
A man walks past an electronic quotation board displaying 10-year Japanese government bonds (L), an index of long-term interest rates on the Tokyo bond market, and the foreign exchange rate of the Japanese yen against the US dollar (C) along a street in Tokyo on May 18, 2026. Kazuhiro Nogi | Afp | Getty Images…
Brazil’s President Luiz Inacio Lula da Silva speaks to the media at the BRICS Summit in Rio de Janeiro, Brazil July 7, 2025. REUTERS/Ricardo Moraes Ricardo Moraes | Reuters Emerging markets are likely to see a surge in investor money as they seek new opportunities after the U.S. Treasury’s bond buyback plans weakened the dollar,…
A photo illustration showing a gold necklace, silver coins and visual representations of bitcoin placed on top of different currencies. Yuriko Nakao | Getty Images The debasement trade is gaining new traction on Wall Street as concern over the size and cost of the budget deficit mounts. The conventional wisdom behind the trade is that…
The U.S. dollar was on the defensive early on Wednesday after comments from Federal Reserve Chair Jerome Powell bolstered wagers on an interest rate cut this month. Bloomberg | Bloomberg | Getty Images New Delhi’s bid to attract foreign funds through a special scheme has helped power $73 billion in inflows in the last 11 weeks, driven…
Roberto Machado Noa | Lightrocket | Getty Images The Canadian dollar fell on Monday morning after trade talks between Ottawa and Washington fell apart, leaving both sides facing higher prices on a wide array of imported goods. The U.S. on Saturday slapped 50% tariffs on around $20 billion worth of imports from Canada, its second-biggest…
Japanese 10,000-yen banknotes arranged in Kyoto, Japan, on Tuesday, Jan. 27, 2026. Kentaro Takahashi | Bloomberg | Getty Images Japan’s historic effort to prop up the yen may have had an unintended consequence: giving some investors a better opportunity to double down on carry trade. Japanese investors net bought more than 5 trillion yen of…
A Japanese 10,000 yen banknote arranged in Kyoto, Japan, on Tuesday, July 14, 2026. The Japanese government’s push for pension funds and individuals to invest more in domestic markets is seen as a potential boost for the nation’s bonds and currency in the long term. Photographer: Kentaro Takahashi/Bloomberg via Getty Images Kentaro Takahashi | Bloomberg…
The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies after Prime Minister Takaichi’s election win. Yevgen Romanenko | Moment | Getty Images The Japanese yen has erased about half the gains from a historic U.S.-Japan intervention less than two weeks ago, as the fundamental forces that…
The Japan flag juxtaposed against a Japanese yen bank note. Javier Ghersi | Moment | Getty Images The unprecedented U.S.-Japan intervention to support the yen may end up shaping market behavior. Japan has intervened in currency markets before, but this episode was bigger than usual. It was backed by Washington, reportedly executed using the euro-yen…
