Analysis: Currencies

Japan July wholesale prices rise 3.0 pct yr/yr

Japanese wholesale prices rose 3.0 percent in the year to July, Bank of Japan data showed on Tuesday.[JPCGPY=ECI] The rise in the corporate goods price index...

Analysis-Investors expect market selloff will slow, stretch and spread

This week's huge selloff in global markets, triggered by an unwinding of yen-funded trades, is far from over and could eventually spread to credit markets, impair some banks and possibly hurt the U.S....

Worst of market selloff might be over but hold on tight, Goldman says

After a turbulent week in global markets, the worst of the selloff might be over but investors need to keep the reins tight on big directional bets for now, Goldman Sachs global head of hedge fund...

Fed easing bets, carry trade unwind turn analysts bullish on Asian currencies

Analysts have turned bullish on most major Asian currencies for the first time in more than a year, bolstered by rising bets of interest rate cuts by the Federal Reserve and an unwinding of yen-funded...

What is the yen carry trade?

Global stock and bond markets, in particular Japan's, are being rocked by an unwinding of the hugely popular yen carry trade. That trade, which involves borrowing yen at a low cost...

Why the yen-funded carry trade is 'no longer as attractive'

STORY: Monday's sell-off was exacerbated by investors winding down yen-funded trades that had been used to finance the acquisition of stocks for years after a surprise Bank of Japan rate hike last...

Unwind of massive yen-funded carry has room to go, analysts say

NEW YORK, Aug 6 - An epic unwinding of the yen-funded carry trade that has reverberated through global markets may have further to go, analysts said on...

But what's going on?

It had been a promising summer, with falling inflation and the prospect of the US Federal Reserve lowering the cost of borrowing for the first time. But then, lo and behold, recessionary fears reared...

Unwind of $500 bln yen-funded carry trade only 50% done, UBS says

An epic unwinding of the yen-funded carry trade that has reverberated through global markets is only about 50% done, a UBS analyst estimated on Tuesday. Days of havoc in global markets...

Dollar poised for comeback, recent weakness just a hiccup

The U.S. dollar will claw back some of its recent losses over the coming three months on expectations financial markets have again gone too far in pricing in too many Federal Reserve interest rate...

Global market rout has more to do with end of cheap funding than US economy

A meltdown in world equity markets in recent days is more reflective of a wind-down of carry trades used by investors to juice their bets than a hard and fast shift in the U.S. economic outlook,...

Week Ahead for FX, Bonds : Fed Meeting to Take -2-

Barclays economists expect exports growth to have jumped sharply in July, and import growth to have picked up as well, resulting in a continued large trade surplus. They anticipate July's inflation...

S.Korean won, Thai baht slip; other Asian currencies lukewarm

The following table shows rates for Asian currencies against the dollar at 0201 GMT. CURRENCIES VS U.S. DOLLAR ...

S.Korean won, Japanese yen lead gains among steady Asian FX

The following table shows rates for Asian currencies against the dollar at 0201 GMT. CURRENCIES VS U.S. DOLLAR ...

Currencies: Sterling gets good momentum

What's going on in Her Majesty's land? The British currency has put in a fine weekly performance that can hardly be blamed on American inflation ....

US producer prices rise moderately in June

U.S. producer prices increased moderately in June, further confirmation that inflation had resumed its downward trend and strengthening the case for a September interest rate cut. The...

As Argentine inflation cools to single digits, residents are still skeptical

Argentines say they are yet to feel the benefits of cooling inflation and analysts predict the five-month streak could end when official figures for June are released on Friday. Since...

Global bond funds see hefty inflows on expectations of rate cut

Global debt funds attracted inflows for a 29th straight week in the seven days to July 10 on expectations of a Federal Reserve rate cut amid weakening labour market conditions and easing inflation...

Move by some NATO members to let Kyiv strike Russia with their arms is a dangerous escalation, Kremlin says

The Kremlin said on Friday that it had noted some Western countries' statements at this week's NATO summit permitting Kyiv to use arms they had supplied to strike Russian territory in a move it called...