Forex Pairs

09 Sep 2025

The Japanese yen is at a crossroads. After years of playing dual roles – safe-haven asset and funding currency for carry trades – it faces a turning point. BoJ is hinting at ending its era of ultra-low rates, so will the yen regain its safe-haven shine or remain the world’s favourite funding currency?

08 Sep 2025

September began with investors weighing softer data, cautious central banks, and persistent geopolitical risks. In the US, the August jobs report set the tone. Payrolls rose by 165,000, below expectations, while unemployment edged up to 4.3%, the highest since 2023.

04 Sep 2025

Here’s a curious thing about the US dollar: it tends to rise when the world is falling apart… but also when the US economy is roaring. Odd combination, right? If things are bad, you’d expect the dollar to drop. And if everything’s great, maybe people would diversify into other currencies. Yet history keeps showing the opposite. Economists call this the Dollar Smile Theory. And once you walk through the idea, it actually feels pretty intuitive.

02 Sep 2025

For decades, Japan has been the land of cheap money. Interest rates sat near zero, sometimes even below, while other countries offered much higher returns. That gap created what traders call the “carry trade.” The logic is simple: borrow yen at almost no cost, swap it into dollars, and invest in US bonds paying 4-5%. The difference becomes your profit.

01 Sep 2025

Global markets rode a volatile week shaped by shifting monetary policy expectations and geopolitical surprises. In the US, Powell’s Jackson Hole remarks landed on the dovish side, signalling risks have tilted toward labour softness and nudging the door open for a September rate cut. At the same time, the Commerce Department revised Q2 GDP up to 3.3% annualised, a firmer base than first thought. Core PCE eased to 2.9% YoY, keeping the disinflation trend intact even as consumer confidence slipped and hiring cooled. Put together, traders leaned into nearly 90% odds of a cut next month.