Morgan Stanley analysts favor Booking Holdings over Expedia in the online travel agency (OTA) sector, arguing Booking is better positioned as AI reshapes travel discovery…
Posts published in “FOREX”
OpenAI CEO Sam Altman told Fortune that an OpenAI IPO will not happen this year, saying the current moment would be “ill-advised” given everything happening…
Bessent’s Bold Statement Signals Shift in U.S. FX Policy Treasury Secretary Scott Bessent, in a Tuesday night address at Southern Methodist University’s business school on…
Tokyo’s $80 Billion August Intervention Tab Japan’s official foreign reserves plunged by a record $80 billion in August, falling to $1.207 trillion from $1.287 trillion…
Japan’s Record Yen Intervention Spurs Treasury Sales Japan likely sold a portion of its foreign securities holdings, including U.S. Treasuries, to finance its record currency…
China-Egypt Currency Swap Deepens as Xi Visits Cairo China and Egypt are tightening financial ties, with President Xi Jinping and President Abdel-Fattah el-Sisi backing greater…
Johnson & Johnson reported Q3 2026 revenue of $22.9 billion, up 4.1% year-over-year, driven by new product launches that added $2.4 billion in sales. The…
Yen Weakness Pressures Japanese Bond Yields The Japanese yen weakened to 160 per dollar on Tuesday, September 1, 2026, marking its lowest level in over…
Treasury Buybacks Weigh on Dollar, Boost EM Carry As of Tuesday, September 1, 2026, analysts see a potential surge in emerging market capital inflows driven…
Bidvest Group reported Q4 2026 results with revenue growth of 8.4% year-over-year, driven by strong performance in its Services and Freight divisions. Adjusted operating profit…
Dollar Holds Near Two-Week High on Warsh Rate-Hike Bets The U.S. dollar index hovered near a two-week high on Monday, Aug. 31, 2026, as markets…
What Bessent Said About Yen Swings On Friday, August 28, 2026, U.S. Treasury Secretary Scott Bessent warned that recent volatility in the Japanese yen could…
Treasury Chief Rejects Senator’s Yen Intervention Queries Treasury Secretary Scott Bessent on Friday pushed back against Senator Elizabeth Warren’s demands for details on the Biden…
HSBC Pours $3B Into India Bonds on Deposit Boost HSBC Holdings Plc has purchased at least $3 billion of Indian government bonds since July, according…
Walmart reported Q2 FY2027 U.S. comparable sales growth of 2.6%, the slowest pace in over six years, missing analyst expectations of roughly 3.1%. The company…
Dollar Slumps to Three-Month Low on Surprise Treasury Buyback The U.S. dollar index fell to its weakest level in three months on Wednesday, August 19,…
KeyBanc Maintains Overweight Rating on Synopsys Ahead of Q2 Report KeyBanc Capital Markets reiterated its Overweight rating and $650 price target on Synopsys (SNPS) ahead…
Absa Group CEO Kenny Fihla stated the bank’s pan-African expansion strategy is on track, with active consideration of converting its Nigerian representative office into a…
Rupee Holds Narrow Range as Oil Importers Step In The Indian rupee closed nearly unchanged against the U.S. dollar on Friday, as oil companies actively…
Dollar Drops as July Jobs Report Misses Big The US dollar slid against major peers on Friday after the July employment report showed unexpected job…
Unlikely Alliance: US and Japan’s Currency Intervention In a historic collaboration, the United States and Japan have announced their intention to perform joint interventions aimed…
Yen Strengthens Amid Intervention Speculation The Japanese yen experienced a significant rally as market participants closely monitor potential intervention strategies by the U.S. government. The…
US and Japan Collaborate to Strengthen Yen In an intriguing turn of events, the US and Japan have joined forces to orchestrate one of the…
Joint Currency Interventions by Japan and South Korea In a rare move, both Japan and South Korea sold US dollars in the open market last…
Central Bank’s Major Move to Stabilize Rupee Last Friday, India’s central bank made a significant intervention in the foreign exchange market, selling approximately $7 billion…
What to Expect from the BOJ The Bank of Japan (BOJ) is facing increasing pressure to adjust its monetary policy as concerns mount over the…
The Yen’s Historic Decline The Japanese yen plunged to its lowest value against the U.S. dollar since 1986, marking a significant moment in the currency’s…
What Happened In a significant development for global markets, the Japanese Yen has collapsed to its weakest level against the US Dollar since 1986. This…
What Happened The Japanese yen experienced significant depreciation against the U.S. dollar on Tuesday, reaching its weakest level since 1986. This downward trend has heightened…
White House Clarifies Position on UAE Currency Support The Biden administration explicitly stated on Tuesday that the United Arab Emirates has not requested a currency…