Key Takeaways: 
Dollar struggles for direction ahead of key data from U.S. Federal Reserve 
Yen rises after confirming inflation above Bank of Japan’s target 
Japan’s core consumer inflation exceeded forecasts, raising expectations of BOJ ending negative interest rates by April 
Bitcoin hits two-year high in Asian trade on large players buying … Read more
Key Takeaways: The U.S. dollar is decreasing in value, while the euro is gaining ahead of important inflation data 
Dollar Index is trading lower against a basket of currencies 
Federal Reserve is expected to maintain interest rates for longer as inflation is above target Core PCE price index data is anticipated … Read more
Key Takeaways: 
Standard Chartered has suspended new investments by its clients in China into offshore products via a quota-based channel A surge in demand for overseas investments due to weakness in the local market and currency has prompted this move 
The QDII programme is the largest outbound investment channel for Chinese investors, … Read more
Key Takeaways 
Most Asian currencies rose slightly as the dollar declined before a key inflation reading The Japanese yen performed well after higher than expected consumer price index inflation Expectations are growing for the Bank of Japan to raise interest rates sooner due to sticky inflation Broader Asian currencies were slightly … Read more
Key Takeaways: Standard Chartered has suspended new subscriptions by its clients in China into offshore products via a quota-based channel since last week The suspension is due to "commercial reasons" as explained by the London-headquartered bank 
The move comes amid Beijing’s efforts to stem capital outflows as weaker yuan and a slowing … Read more
Key Takeaways 
Dollar is experiencing its largest two-day decline since 2009 Rate outlook is shifting, impacting the value of the dollar 
Global economic factors are influencing the forex market Other currencies may be gaining strength relative to the dollar during this period The dollar was mostly lower on Monday … Read more
Key Takeaways Reserve Bank of India (RBI) has allowed banks to resume arbitrage trading upon their requests. Arbitrage trading enables investors to profit from price differences in securities across markets. RBI had informally prohibited dollar/rupee arbitrage trading in August 2023 to prevent the rupee from hitting record lows. Banks’ arbitrage positions … Read more
Key Takeaways: Gold is mainly traded in USD, making it less expensive for other nations when the dollar weakens Weekly US Dollar Index measures USD value compared to trading partners 
Strengthening USD due to expectations of Federal Reserve interest rate increase Weakening major currencies like Japanese yen and euro contribute to … Read more
Key Takeaways: Dollar is lower ahead of a week of important data releases on inflation and rate outlook 
Core PCE price index data is due on Thursday, with a forecasted 0.4% rise on a monthly basis 
Euro is stronger against the dollar with a focus on inflation in the euro zone … Read more
Key Takeaways: Chinese banks bought the most dollars via FX swaps from clients in January The foreign exchange purchases hit $50.9 billion, a record high 
Exporters are using FX swaps to convert overseas earnings into yuan 
The swap involves exporters giving dollars and receiving yuan Heightened interest in FX swaps … Read more