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Forex News Today: Forex Market News & FX Forecast


Investors Bet on End of Dollar Bull Run, Eye Asian Currencies

Emerging market currencies have outperformed their developed market counterparts this year and analysts say signs point to a broader turn…

2 days ago

China’s Yuan Below 7 Per Dollar as Zero-Covid Eased – WSJ

China's currency rose to its strongest level in two months – to below 7 per dollar – on Monday, on…

3 days ago

Yuan-Rouble Dealings Skyrocket as Russia Embraces the Redback

Yuan-rouble trading totalled 185 billion yuan in October, more than 80 times the level seen in February before Moscow invaded…

1 week ago

China Stocks Rebound on Hopes of Quicker Covid Loosening

Health officials were due to hold a news conference on Tuesday to discuss Covid curbs, spurring hope that restrictions may…

1 week ago

China’s Covid Unrest Sees Yuan Drop to Two-Week Low

The Chinese yuan fell to a more than two-week low on Monday as protests in China against Beijing's zero-Covid policies…

1 week ago

India’s RBI Opens Accounts for Trade With Russia – IndiaTimes

Central bank approves the opening of nine 'Vostro accounts' with local and Russian banks to facilitate trade in rupees, a…

3 weeks ago

Yuan Rallies as Dollar Drops on Covid, US Inflation News

The yuan jumped in Asian afternoon trade after China ordered health authorities to ease some of Covid rules and US…

4 weeks ago

Chinese Yuan Close to 15-Year Low After Fed Rate Hike

Latest rate hike by the US Fed forced the PBOC set a midpoint rate of 7.2472 per dollar, 275 pips…

1 month ago

China to Continue Support For Debt-Laden Pakistan, Says Xi

Chinese leader promises to help its troubled neighbour, but calls for progress on the bilateral economic corridor and Gwadar port

1 month ago

Japan Threw Record $42.8bn at Propping up Yen in October

Tokyo spent up to 6.4 trillion yen over two consecutive trading days of unannounced interventions, its finance ministry revealed on…

1 month ago

Japan Draws up $200bn Extra Budget to Ease Living Costs

The Japanese government said on Friday it will create an extra budget worth $200.8 billion to fund a package to…

1 month ago

India’s Imports From China Soar to Record Level – The Hindu

Imports totalled $89.66 billion in the first nine months of this year as India purchased more Chinese machinery and intermediate…

1 month ago