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Currencies

Currencies cover the exchange rates, trading, and economic factors that influence the value of different national and digital money systems.

100 events across this theme and its sub-themes

GBP CurrencyEmerging Market CurrenciesUSD & Currency MarketsSwiss FrancEUR CurrencyEUR/USD Exchange RateCanadian Dollar

What's Happening in Currencies

Japan's core inflation has climbed to 2.1% in September, its highest of 2024, narrowing the case for further Bank of Japan rate cuts and supporting the yen as the central bank holds accommodation longer than peers. Simultaneously, Japan's export growth decelerated in September, missing forecasts and signaling softer global demand that typically drives yen safe-haven demand. The UK jobless rate fell to 4.7% and US claims hit decades lows, sustaining wage and inflation pressure that constrains rate-cut room at both the Federal Reserve and Bank of England, supporting their currencies against those of central banks already cutting. France's 10-year bond yield has breached 5% for the first time in 22 years as political instability and fiscal uncertainty drive capital away from French sovereigns, widening spreads across the eurozone and raising refinancing costs for the bloc's second-largest economy. Emerging market currencies face divergent pressures: Indonesia's rupiah is under stress from MSCI downgrade threats forcing the central bank toward rate increases, while India's rupee draws support from massive capital inflows tied to Reliance's record IPO and Tata Group's boardroom uncertainty. Tariff uncertainty in North America and potential trade policy shifts toward Myanmar create conditional currency volatility, while Alberta's rejection of separatism removes tail risk to Canadian fiscal cohesion and the loonie.