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Market Analysis

Asian currencies mixed as dollar holds seven-week high, yen steadies

As of May 7, 2026, the Japanese yen (JPY) has surged to a 10-week high, rising as much as 1.8% in minutes during Asian trading on May 6 and briefly breaking below 155.04 per dollar. This sharp spike has triggered fresh …

4 min read

Dollar Soars as Fed Hikes Rates and Signals More to Come

The dollar index (DXY00) rallied to a 1.5-month high on Wednesday and finished up by +0.64%. The dollar found support Wednesday on signs of US economic growth after Aug retail sales rose more than expected. The dollar r…

6 min read