Forex

Argentina Strikes $20 Billion IMF Deal as Milei Cements Peso Convertibility Ambition

Argentina and the International Monetary Fund reached a staff-level agreement on a fresh $20 billion Extended Fund Facility, with President Javier Milei's government committing to a roadmap that would lift remaining capital controls by Q4 2026 and re-establish full peso convertibility for the first time since 2019.

Robert Hayes•4/29/2026

forexeconomy

Yen Slides to 159.78 as Hawkish Fed Pairs With BoJ Caution to Pressure Tokyo

The Japanese yen weakened to 159.78 per dollar after Wednesday's Federal Reserve decision, extending its losses against major currencies as the U.S.-Japan rate differential widened and Tokyo CPI data Friday loomed as the next critical input for Bank of Japan tightening expectations.

David Kim•4/29/2026

forexeconomy

Yen Slides Past 159 as BoJ's Hawkish Hold Falls Short of Markets' Hike Expectations

The Japanese yen weakened past 159 per dollar after the Bank of Japan held its policy rate at 0.75% and upgraded inflation forecasts but stopped short of signaling an imminent hike, leaving traders to navigate widening rate differentials into Wednesday's FOMC.

Sarah Chen•4/28/2026

forexeconomy

Argentina Peso Soars 12% as Milei Confirms Capital Controls Removal Effective Monday

The Argentine peso surged 12% to 920 per dollar in Sunday trading on the official market after President Javier Milei confirmed the removal of remaining capital controls, effective Monday morning Buenos Aires time.

Sarah Chen•4/25/2026

forexfinance

Yen Strengthens Below 145 per Dollar as BOJ Tankan Survey Lifts June Rate Hike Probability to 71%

The Japanese yen strengthened 1.4% to 144.80 per dollar in Sunday trading as the Bank of Japan's preliminary Tankan business sentiment survey delivered the strongest reading in 18 months, lifting June rate hike odds to 71%.

Sarah Chen•4/25/2026

forexeconomy

Euro Falls to $1.1554 as Rate Differentials Swing Back Toward the Dollar

The euro declined 0.48% to $1.1554 Monday and sterling slipped 0.13% to $1.3492 as a repricing of U.S. policy expectations toward roughly 4.60% by September 2027 restored the dollar's yield advantage.

David Kim•9/14/2026

forexeconomy

Japanese Yen Crashes to 40-Year Low as Tokyo Weighs Intervention

The yen weakened past ¥162.5 per dollar Wednesday, its lowest in roughly 40 years, as Tokyo signals it is ready to intervene if the slide continues.

James Mitchell•7/1/2026

forexeconomy

Dollar Rally Rides Fed Rate-Hike Bets

The U.S. dollar is holding firm as traders price a more hawkish Fed path, pressuring gold, crypto and foreign currencies.

Sarah Chen•6/28/2026

Trending Now

Homebuilders Stay Flat Despite Bond Rally as Affordability Concerns Override Lower Long Yields

us-marketseconomy

Bitcoin Dominance Hits 58.6% as Total Crypto Market Cap Falls on a Rising Bitcoin

cryptotech

Airlines Slip as Jet Fuel Costs Climb With Crude Above $102

us-marketsfinance

Euro Falls to $1.1554 as Rate Differentials Swing Back Toward the Dollar

forexeconomy

Argentina Strikes $20 Billion IMF Deal as Milei Cements Peso Convertibility Ambition

Yen Slides to 159.78 as Hawkish Fed Pairs With BoJ Caution to Pressure Tokyo

Yen Slides Past 159 as BoJ's Hawkish Hold Falls Short of Markets' Hike Expectations

Argentina Peso Soars 12% as Milei Confirms Capital Controls Removal Effective Monday

Yen Strengthens Below 145 per Dollar as BOJ Tankan Survey Lifts June Rate Hike Probability to 71%

Euro Falls to $1.1554 as Rate Differentials Swing Back Toward the Dollar

Japanese Yen Crashes to 40-Year Low as Tokyo Weighs Intervention

Dollar Rally Rides Fed Rate-Hike Bets

Trending Now

Yen Near 162 Puts Intervention Back in Play

Dollar Rally Pins Yen Near 40-Year Low

Central Banks Hold, but Norway Turns Hawkish

Target and Costco Advance as Consumer Names Defy the Energy Cost Shock

Homebuilders Stay Flat Despite Bond Rally as Affordability Concerns Override Lower Long Yields

Bitcoin Dominance Hits 58.6% as Total Crypto Market Cap Falls on a Rising Bitcoin

Airlines Slip as Jet Fuel Costs Climb With Crude Above $102

Euro Falls to $1.1554 as Rate Differentials Swing Back Toward the Dollar

Market Movers