Forex News

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. Treasuries held by foreigners rose in November for the first time in three months, data from the U.S. Treasury department showed on Wednesday, as the decline in yields enhanced the allure of government debt for investors.

By Stella Qiu SYDNEY (Reuters) – Asian shares were mixed on Wednesday while Japanese yields hugged a policy cap, with markets anxiously awaiting a pivotal Bank of Japan (BOJ) meeting that could see the world’s third largest economy shift away from decades of ultra-low interest rates.

MANILA (Reuters) – Philippine President Ferdinand Marcos Jr expects the domestic economy to grow around 7% this year, saying strong fundamentals, prudent fiscal management and reforms in key sectors will cushion against risks from a potential global recession.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.

By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar steadied on Wednesday, while the yen slipped as investors eagerly awaited the Bank of Japan’s policy decision, which could set the stage for Tokyo to end its ultra-easy monetary policy.

(Reuters) – FTX founder Sam Bankman-Fried in a blog post refuted some claims made by the company’s lawyers on Tuesday, saying that they were “extremely misleading” and that FTX U.S. was and is solvent.

MEXICO CITY (Reuters) – Mexican lawmakers voted Wednesday to confirm the government’s nominee as the newest Bank of Mexico board member, filling a vacancy left at the end of 2022 by the exit of dovish deputy governor Gerardo Esquivel.

(Reuters) – Cryptocurrency firm Genesis Global Capital is planning to file for bankruptcy as soon as this week, Bloomberg News reported on Wednesday, citing people with knowledge of the situation.

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – A seismic policy shift by Japan’s central bank is still a matter of when not if, say investors now hunkering down for fresh havoc in bond markets and wild swings in currencies.

(Reuters) – Semafor is planning to buy out FTX founder Sam Bankman-Fried’s roughly $10 million investment in the news startup, the New York Times reported on Wednesday, citing the company’s chief executive officer.

A look at the day ahead in U.S. and global markets from Mike Dolan.

MOSCOW (Reuters) – Russian Foreign Minister Sergei Lavrov on Wednesday hailed joint military drills between Moscow and Beijing as strengthening the two countries’ new strategic partnership.

By Francesco Canepa FRANKFURT (Reuters) – European Central Bank staff are losing confidence in the institution’s leadership following the ECB’s failure to control inflation and a pay award that lagged the leap in prices, according to a survey by trade union IPSO.

By Mike Dolan LONDON (Reuters) – The U.S. dollar’s accelerating decline from the heady highs of 2022 has a ways to go yet – but the speed of the drop may build a case for a soft landing of its own later this year.

By Rae Wee SINGAPORE (Reuters) – Japan’s yen, long favoured as a safe-haven and funding currency, has in recent weeks become so enmeshed in market speculation over central bank policy that Wednesday’s decision to retain the status quo set off the steepest yen fall in nearly

By Leika Kihara TOKYO (Reuters) – Japan’s decades of ultra-low interest rates may reach a turning point on Wednesday, as the central bank debates the fate of its yield control policy, which is creaking under pressure as markets repeatedly break a limit set less than a

SEOUL (Reuters) – The Bank of Korea will have to take into account the trade-off between managing still high inflation, economic growth and financial stability when determining policy in 2023, Governor Rhee Chang-yong told reporters on Wednesday.

By Kevin Buckland TOKYO (Reuters) – Japanese government bond yields punched above the central bank’s 0.5% policy ceiling for a fourth straight session on Wednesday, ahead of one of the most highly anticipated monetary policy decisions globally in years.

(Reuters) – The Bank of Japan on Wednesday maintained ultra-low interest rates, including a bond yield cap it was struggling to defend, defying market expectations it would phase out its massive stimulus programme in the wake of rising inflationary pressure.

(Reuters) – President Tayyip Erdogan is aiming to extend his 20-year rule in elections that will decide not just who leads Turkey but how it is governed, where its economy is headed and what role it may play to ease conflict in Ukraine and the Middle