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Forex news.

Releases, central-bank decisions and the market moves that followed, newest first. For the week ahead, see the economic calendar; for what moved after each big release, the event desk.

Dollar index climbs near 102.40 as Fed decision looms

The US Dollar Index edged up toward 102.40 on Wednesday, close to a two-week high, as traders awaited the Federal Reserve's rate decision later in the day.

Pound falls to 1.3290 as traders await Healey budget and Fed decision

USD/CAD stalls near 1.40 as BoC rate verdict looms

USD/JPY nears 157.80 as traders brace for Fed and BoJ decisions

Japan’s Katayama warns of decisive FX action as yen weakness persists

Aussie dollar eases from 0.7040 peak as RBA hike bets firm before CPI

PBOC sets yuan reference rate stronger at 6.7162 per dollar

The People's Bank of China (PBOC) fixed the USD/CNY midpoint at 6.7162 on Monday, firmer than Friday's 6.7180, though weaker than the 6.6691 level estimated by Reuters.

RBI’s forward dollar book hits record $200 billion in August

India's central bank saw its net forward dollar sales climb to a record $200.06 billion by end-August, up from $136.77 billion a month earlier, as it absorbed heavy foreign currency inflows.

USD/CAD drops below 1.4000 as Canadian retail sales beat expectations

Canadian retail sales rose 1.2% to $74.6 billion in August, with volumes also up 1.2%, lifting the Canadian dollar and pushing USD/CAD under the 1.4000 level.

Yen jumps as AI stock worries spark flight to safety

USD/JPY dropped nearly 0.65% on Thursday to around 157, its lowest since September 30, as fears over AI-related investment hit global equities and lifted demand for the Japanese yen.

Pound stays above 1.3400 as UK inflation surprise lifts BoE hike bets

GBP/USD trades near 1.3405 after UK September CPI came in hotter than forecast, reinforcing expectations the Bank of England will raise rates next month.

France-Germany yield gap approaches 2011 extreme, euro at risk

The gap between French and German 10-year borrowing costs has widened to 175 basis points, nearing the roughly 190-bp peak reached during the 2011 crisis, and Brown Brothers Harriman cautions EUR/USD could drop toward 1.1000 should it keep growing.

Commerzbank: Banxico policy risk keeps pressure on Mexican peso

The Mexican peso has weakened more than 9% against the US dollar since early September, and Commerzbank analyst Michael Pfister says dovish Banxico policy and USMCA uncertainty are the main drivers.

Aussie dollar jumps to multi-week high as RBA hike bets surge

AUD/USD rose to its strongest point since late September after RBA Deputy Governor Andrew Hauser said price pressures looked "materially worse" than anticipated, according to Commerzbank's Norman Liebke, as traders sharply lifted hike expectations.

Dollar Index slides to three-week low near 101.45 as yields ease

The US Dollar Index fell to a fresh three-week low around 101.45 as 10-year Treasury yields dropped 0.7% to near 5.07%, pressured by weaker housing data.

Euro slips below 1.1250 as French unrest and fiscal risk weigh

EUR/USD fell to around 1.1225 in early Wednesday trading as protests and fiscal strain in France kept investors cautious on the euro ahead of speeches from several European Central Bank officials.

Dollar firms across the board as two-year yield adds 9 basis points

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Yen weakens past 157 as BoJ stays on hold

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