BofA sees further dollar downside as Treasury buyback expansion tests Fed credibility
The dollar faces further downside as investors question whether Treasury bond-buyback moves and the Federal Reserve's response will erode confidence...
Forex News
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Japanese investors push net foreign asset purchases past ¥5 trillion
Japanese investors net purchased ¥1.39 trillion in foreign equities and ¥1.14 trillion in long-term foreign bonds in the week ending...
Germany’s Merz to Press Cabinet for Faster Pro-Growth Reforms
German Chancellor Friedrich Merz will press his cabinet next week to speed up pro-growth reforms agreed before the summer recess,...
ING says yen could turn as Bessent backs U.S.-Japan intervention
ING says the yen remains roughly 20% undervalued against the dollar, and Treasury Secretary Scott Bessent is backing the late-July...
Canada announces retaliatory tariffs on U.S. goods after trade talks collapse
Canada will impose tariffs on U.S. goods matching them dollar for dollar after trade talks between the two countries collapsed,...
