A confident Chair Powell declared a hold for rates, and sounded a glass-half-full narrative for the US economy; we sniff some ...

President Trump and Treasury Secretary Bessent have both opined on the US dollar, actually in opposite directions.

SEOUL (Reuters) -The United States and South Korea agreed that foreign exchange interventions should be reserved for combating excessive volatility, without targeting exchange rates for competitive ...

Oct 21 (Reuters) - Bank of America (BAC.N), opens new tab on Monday extended its guaranteed exchange rates by up to one year, the longest tenor in the industry, in an effort to reduce the risks to ...

Following growth in cross-border payments, Bank of America on Sunday introduced Guaranteed FX Rates of up to one year, the longest tenor available in the industry. The rise in e-commerce businesses, ...

Bloomberg Index Services Limited today announced the launch of Bloomberg FX Fixings (BFIX) value tomorrow outright rates (T+1), the only benchmark on value T+1 basis available to the market.

It has been a good year for carry trades. Low FX market volatility – MUFG’s G10 FX implied volatility index is at its lowest level since January 2022 – is one positive factor. Others are stubbornly ...