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Foreign exchange

  • Friday, 5 July, 2024
    UK general election 2024
    UK stands out for its stability after election landslide, say investors

    Calm in Britain’s financial markets following Labour victory contrasts with turmoil elsewhere in Europe

    Pound notes
  • Monday, 1 July, 2024
    Markets InsightBarry Eichengreen
    The fate of dollar rests on the US election

    How a Biden or Trump second term as president could affect the currency

    Hundred-dollar bills
  • Wednesday, 26 June, 2024
    Yen
    Japanese yen falls to weakest level since 1986

    Traders on alert for further currency intervention as market impact of April’s $62bn effort proves shortlived

    A woman counts Japanese 10,000 yen notes in Tokyo
  • Wednesday, 26 June, 2024
    Euro
    Bulgaria and Romania fail economic tests to join euro

    Eastward expansion of 20-country currency bloc suffers setback

    Bulgarian lev notes and euro coins
  • Saturday, 22 June, 2024
    Emerging market investing
    Emerging market currencies suffer worst start to year since 2020

    Unexpectedly strong dollar and misfiring ‘carry trades’ fuel 4.4% loss

    US dollar and Mexican peso notes
  • Saturday, 22 June, 2024
    Investors wary on Mexico following peso rout

    Efforts by president-elect Claudia Sheinbaum to steady markets enjoy limited success

    A man walks past a board showing the exchange rates of the Mexican peso against the US dollar
  • Tuesday, 18 June, 2024
    Gold
    Rich countries plan to buy more gold despite record price

    Advanced economies’ central banks expect the metal’s share of global reserves to rise at the expense of the dollar

    Gold bars
  • Monday, 17 June, 2024
    LexDollar Tree Inc
    Dollar Tree needs to end its unhappy union with Family Dollar Premium content

    Buying the discount chain was meant to boost performance over rivals but instead it has become a profit drag

    A Dollar Tree and Family Dollar sign
  • Sunday, 16 June, 2024
    Markets InsightRichard Yetsenga
    Renminbi likely to draw fire as trade tensions mount

    China’s reliance on exports is set to fan the flames of protectionism elsewhere

    Close-up of Rmb100 notes
  • Thursday, 13 June, 2024
    Russian business & finance
    Russia halts foreign exchange trading as US sanctions sow confusion

    Washington’s latest curbs force transactions in dollars or euros off central exchange

    An electronic board with exchange rates at a currency exchange office in Moscow
  • Thursday, 13 June, 2024
    Katie Martin
    Dollar doomsters have got it all wrong

    Global demand for the US currency remains extremely robust while appetite for the renminbi has soured

    A magnifying glass is held over a 50 subject one dollar note sheet after being printed
  • Wednesday, 12 June, 2024
    ECB flags euro risks from Russia as global forex reserves dip

    Global central bank holdings of the single currency fell by €100bn last year, the European Central Bank said in a report

    Euro notes
  • Wednesday, 12 June, 2024
    Markets InsightPiero Cipollone
    Why Europe must safeguard its global currency status

    More reforms are needed if the euro is to maintain and strengthen its role amid geopolitical shifts

    Euro banknotes
  • Monday, 10 June, 2024
    US Dollar
    The big threat to dollar dominance is American dysfunction

    Don’t greenback in anger

  • Tuesday, 4 June, 2024
    Central banks
    Global central banks plan to increase dollar reserves, survey suggests

    Elevated interest rates spur demand, despite calls from some countries to move away from US currency

    US dollar notes
  • Sunday, 2 June, 2024
    European Central Bank
    Will the ECB cut rates?

    Market Questions is the FT’s guide to the week ahead

    ECB in Frankfurt
  • Friday, 31 May, 2024
    Yen
    Japan’s $62bn support for yen provides little reprieve

    Currency’s slide towards 34-year lows resumes as finance ministry reveals scale of market intervention

    A man walks past an electronic screen displaying yen-US dollar and other foreign currency exchange rates in Tokyo on Sunday
  • Thursday, 30 May, 2024
    Gillian Tett
    There is currency stress on the horizon

    But this may not be obvious to investors who cut their teeth in the past decade

    Efi Chalikopoulou illustration of a close-up of a panda’s face behind bamboo in the shape of the renminbi
  • Thursday, 30 May, 2024
    Renminbi
    Pressure mounts on Beijing to allow renminbi to weaken

    Markets push central bank for a weaker currency to reflect the gap in bond yields with the US

    A woman holds Chinese yuan banknotes in Shenzhen
  • Wednesday, 29 May, 2024
    Pound Sterling
    Sterling climbs to 21-month high against euro as rate cut bets fade

    Pound has been boosted by expectations BoE will lower borrowing costs later than ECB

    A cash tray holding British pound banknotes and coins in a shop in Barking, UK
  • Sunday, 19 May, 2024
    US Dollar
    Dollar rally falters as falling inflation raises hopes of rate cuts

    US currency on track for first negative month of the year after end to months of above-forecast CPI data

  • Friday, 17 May, 2024
    Capital markets
    ‘Reverse Yankee’ deals boom as Europe’s low borrowing costs lure US groups

    American companies issue €30bn in euro-denominated bonds as investor demand for European corporate debt grows

    Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York
  • Wednesday, 15 May, 2024
    The FT ViewThe editorial board
    The limits of yen intervention

    Unilateral efforts to prop up Japan’s currency are expensive and potentially futile

    Pedestrians cross an intersection in the Shibuya district of Tokyo
  • Sunday, 12 May, 2024
    Adam Tooze
    Dangers of dollar nationalism hang over the world economy

    Even more serious than Fed rate rises would be a politically driven devaluation of the US currency

    A clerk poses with US dollar banknotes
  • Wednesday, 8 May, 2024
    Pound Sterling
    Traders bet against sterling in belief BoE will cut rates by summer

    Investors raise short positions to 16-month high as conviction grows that UK borrowing costs will fall ahead of US

    The Bank of England in the City of London
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