The Aussie dollar has plunged against the Japanese yen during trading on Thursday as the Bank of Japan has clearly intervened. With this being the case, it’s worth noting that we didn’t break new ground to the downside; we just tested support. It’s also worth noting that the Japanese have intervened a few times in…
Wall Street just lived through one of its wildest 48 hours of the year. On Wednesday, the Fed held rates steady at 3.50%-3.75%, but three FOMC members broke ranks to demand a hike—an unusually hawkish dissent that sent the Dow plunging over 1,100 points, its worst session since April 2025. Treasury yields spiked, with the…
Newsfrom Japan Economy Jul 31, 2026 16:23 (JST) Tokyo, July 31 (Jiji Press)–The Japanese government and the Bank of Japan carried out a yen-buying, dollar-selling market intervention for the first time in about three months on Thursday night, during New York trading hours, informed sources said Friday. Japanese authorities likely conducted a surprise intervention as…
Newsfrom Japan Economy Jul 31, 2026 14:11 (JST) Tokyo, July 31 (Jiji Press)–Japanese Finance Minister Satsuki Katayama on Friday declined to comment on whether Japanese authorities have intervened into foreign exchange markets to prop up the yen. “I can say nothing about it at this point,” Katayama told reporters at the Finance Ministry after the…
Exchange rates are displayed at a currency exchange in Seoul on the 31st. Yonhap News The average daily trading volume in Korea’s foreign exchange market reached a record high, driven by expanded foreign securities investment. According to the “Foreign Exchange Trading Trends of Foreign Exchange Banks in the Second Quarter of 2026” released by the…
Yesterday we had the US Federal Reserve holding interest rates with 3 FOMC votes out of 12 looking for a rate increase. Then, we had the press conference and the markets got very little information from Kevin Warsh. This sent USD weaker, bond yields higher and volatility in the stock markets. In today’s GCI Market…
In recent trading the USD/INR has sustained a near-term lower realm, however this morning has seen a slight climb higher in the wake of military action escalating between Iran and the U.S, while financial institutions also take into consideration their mid-term outlooks. What day traders are left with for these last two trading days of…
SINGAPORE, July 30, 2026 (GLOBE NEWSWIRE) — StoneX Group Inc. (“StoneX”; NASDAQ: SNEX) today announced that its Payments Division (“StoneX Payments”) has entered a strategic partnership with Shinhan Bank, one of South Korea’s oldest and most systemically significant financial institutions. Under the agreement, Shinhan Bank will integrate with StoneX Payments’ streamlined solution to offer its…
The Japanese yen experienced a rapid rally against major currencies, with USDJPY plummeting 3.3% in the most critical moment (currently: -2.3%) from the upper 162.00 range down to a low of around 158.00. The sharp surge follows months of the yen trading near 40-year lows, suppressed by Japan’s low interest rates and elevated energy import…
Forex trading is available 24 hours a day, enabling traders to access opportunities in key financial hubs around the globe. With the world markets moving ahead, one of the most crucial choices a forex trader needs to make is which forex broker to choose. While currency pairs are just one of the many types of…