Euro slides to 17-month low as French debt rout and Spain’s political uncertainty weigh on the single currency
The euro fell to a 17-month low against the dollar on Monday as a French bond sell-off and political uncertainty…
Forex News
Latest forex market news — EUR/USD, GBP/USD, USD/JPY and all major currency pairs. Central bank decisions, interest rates and global FX analysis updated continuously.
Australia’s services PMI slows to 51.9 as job cuts return and price pressures build
Australia's services PMI eased to 51.9 in September from 53.2, a three-month low, as firms cut staff for the first…
Iran’s Rial Hits Fresh Low as $2 Billion Intervention Fails to Stem Slide
Iran's rial weakened further on Saturday even after the central bank moved to sell up to $2 billion to defend…
Hedge Funds’ $1.2 Trillion Treasury Basis Trade Depends on Overnight Repo Loans
Hedge funds have built a $1.2 trillion position exploiting tiny pricing gaps between Treasury bonds and futures, funded mostly with…
Bessent says rising Treasury yields reflect global trend, not a U.S.-specific risk
Treasury Secretary Scott Bessent said rising Treasury yields reflect a broader global increase in borrowing costs rather than a problem…
