The Nikkei 225 Index continued its strong rally this week, reaching its highest level on record as the “Takaichi trade” accelerated. Its surge coincided with the ongoing Japanese yen crash. It jumped to a record high of ¥54,435, up by 76% from its lowest point in April last year. Japan stocks jump as the “Takaichi
The USD/CAD exchange rate has bounced back in the past few weeks, moving from a low of 1.3640 to the current 1.3915, it highest level since December 5. This article explores what is moving the pair this week and what to expect this week. Canada to publish inflation report The USD/CAD exchange rate will be
The Indian rupee continued its strong slump against the US dollar this week, reaching a fresh all-time low. The USD/INR exchange rate rose for five consecutive days, reaching a high of 91.30. It has jumped by 9% from its lowest level in April last year and 26% from its lowest point in 2022. Indian rupee
Asian financial markets remained under pressure on Wednesday as geopolitical tensions linked to US President Donald Trump’s comments on Greenland unsettled investors, while volatility in global bond markets and currencies added to risk aversion. Safe-haven assets surged, regional equities fell, and emerging-market currencies weakened as markets digested a confluence of political and macroeconomic shocks. Asian
The Reserve Bank of India (RBI) has conducted more than $2 billion in dollar/rupee FX swaps over the last two days to offset the liquidity drain caused by spot dollar sales, according to a Reuters report. The transactions suggest the central bank is aiming to contain currency pressures while avoiding a sharper squeeze in banking
The USD/CAD exchange rate crashed to the lowest level since January 5 as the US dollar index retreated after the Greenland crisis eased. It plunged for five consecutive days in its longest losing streak since May 2025. Donald Trump threatens Canada tariff One key catalyst for the USD/CAD exchange rate will be a threat by
The Australian dollar surged to the highest level in years, making it one of the best-performing currencies this year. The AUD/USD exchange rate rose for five consecutive days, reaching a high of 0.6895, much higher than the year-to-date low of 0.6662. Australian dollar has surged amid potential RBA and Fed divergence The main reason why
Global currency markets are sending signals that are easy to dismiss and dangerous to ignore. Exchange rates are moving sharply, yet not always in response to economic data. Sudden rallies and reversals are being triggered by comments, phone calls, and coordination hints rather than inflation prints or employment reports. What looks like volatility is in
The US Dollar Index (DXY) continued its strong downward trend, reaching its lowest level in over four years as the greenback crashed against most currencies, such as the Australian dollar and the euro. The DXY Index tumbled to a low of 95.55 ahead of the upcoming Federal Reserve interest rate decision, which will come out
The ASX 200 Index retreated in the last two consecutive days, while the AUD/USD exchange rate rose to the highest level in years after the latest Australian consumer inflation report. The index retreated to A$8,925 from the year-to-date high of A$8,990. On the other hand, the AUD/USD exchange rate jumped to a high of 0.7010,