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South Korea’s exchange rate authority issued a warning statement, emphasizing its vigilance on exchange rate trends and foreign currency supply and demand dynamics. The warning came as the South Korean…

The Japanese yen experienced a significant downturn against the Chinese yuan, marking its lowest exchange rate in 31 years, propelled by direct intervention from Chinese monetary authorities aimed at bolstering…

The US dollar has extended its rally for the sixth consecutive day following remarks by Federal Reserve Chair Jerome Powell, indicating concerns over the pace of inflation moderation. Powell, characterizing…

The AUD/USD pair ended a three-game losing streak on Wednesday, recovering from its lowest level since mid-November. However, hawkish comments from Fed officials and safe-haven capital inflows may boost the…

In early Asian trading on Wednesday, the New Zealand dollar/US dollar rebounded to 0.5905, rebounding from the year’s low of 0.5860. Expectations that the Reserve Bank of New Zealand is…

In early trading in Asia on Wednesday, USD/JPY fell slightly and was around 154.65. A strong U.S. economy and solid inflation data have fueled expectations that the Federal Reserve (Fed)…

In early trading in Asia on Wednesday, the EUR/USD continued to fall to around 1.0620, rebounding from the annual low of 1.0600. However, hawkish comments from Federal Reserve (FED) officials…

GBP/USD remains on the defensive around 1.2430 in early Asian trade on Wednesday. Federal Reserve Chairman Powell’s speech released a hawkish bias and the US retail sales data improved further,…

On Tuesday, NZD/USD fell to 0.5879, down 0.46%. The NZD/USD trend is largely influenced by market correction expectations and the Federal Reserve’s delay in cutting interest rates at the end…

The U.S. dollar index (DXY) surged to a new 2024 high, hitting near 106.50. On April 17, weekly mortgage applications, the Fed’s Beige Book and long-term cross-border capital (TIC) net…