Pound gains as Bailey warns of upside inflation risk from Iran conflict
The pound rose to 1.3550 on Tuesday as Bank of England governor Andrew Bailey warned MPs that the war between…
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Yen Pares Seven-Month High as Oil-Driven Inflation Fears Lift Dollar
The yen rallied to its strongest level since February on Tuesday before paring the move as oil-driven inflation worries lifted…
Yen hits six-month high near 153 as BOJ hike bets build
The dollar briefly fell below 153 yen on Tuesday, a six-month high for the Japanese currency, extending a rally that…
Citi Sees BOJ Rate Hike to 1.25% as Board Votes and Fed Decision Shape Yen’s Path
Citi Research expects the Bank of Japan to raise its policy rate to 1.25% at its upcoming meeting, but says…
Yen surges to seven-month high, unwinding the carry trade before BOJ decision
The Japanese yen has jumped to its strongest level since February, forcing traders to unwind the long-established carry trade just…
