{"id":349,"date":"2023-05-31T15:30:47","date_gmt":"2023-05-31T15:30:47","guid":{"rendered":"\/?page_id=349"},"modified":"2024-11-20T14:02:20","modified_gmt":"2024-11-20T06:02:20","slug":"forex-news","status":"publish","type":"page","link":"https:\/\/www.sec.rakuten.com.hk\/en\/insight\/forex-news","title":{"rendered":"Forex News"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"349\" class=\"elementor elementor-349\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-79d86a79 e-flex e-con-boxed e-con\" data-id=\"79d86a79\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-33846201 page-banner__breadcrumbs elementor-widget elementor-widget-jet-breadcrumbs\" data-id=\"33846201\" data-element_type=\"widget\" data-widget_type=\"jet-breadcrumbs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-jet-breadcrumbs jet-blocks\">\n\t\t<div class=\"jet-breadcrumbs\">\n\t\t<div class=\"jet-breadcrumbs__content\">\n\t\t<div class=\"jet-breadcrumbs__wrap\"><div class=\"jet-breadcrumbs__item\"><a href=\"https:\/\/www.sec.rakuten.com.hk\/en\" class=\"jet-breadcrumbs__item-link is-home\" rel=\"home\" title=\"HOME\">HOME<\/a><\/div>\n\t\t<\/div>\n\t\t<\/div>\n\t\t<\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-76ca3d1e page-banner__title elementor-widget elementor-widget-heading\" data-id=\"76ca3d1e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 26-06-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-default\">Forex News<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-36ddf7ac e-flex e-con-boxed e-con\" data-id=\"36ddf7ac\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-aca915 elementor-widget elementor-widget-heading\" data-id=\"aca915\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-heading-title elementor-size-default\">News source: FXStreet<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-71bc2f67 elementor-widget elementor-widget-shortcode\" data-id=\"71bc2f67\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-shortcode\">\n\n\n<style>\n  .latest-news__item {\n    position: relative;\n    padding-bottom: 32px;\n    margin-bottom: 40px;\n    border-bottom: 1px solid #D6D6D6;\n  }\n\n  .latest-news__summary {\n    display: flex;\n    gap: 40px;\n  }\n\n  .latest-news__thumb {\n    width: 270px;\n  }\n\n  .latest-news__thumb img,\n  .latest-news__date-icon 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.latest-news__title {\n      display: -webkit-box;\n      -webkit-box-orient: vertical;\n      -webkit-line-clamp: 2;\n      overflow: hidden;\n    }\n\n    .latest-news__accordion-btn {\n      position: absolute;\n      top: calc(100% + 20px);\n\t  left: 50%;\n\t  transform: translateX(-50%);\n      font-size: 16px;\n      letter-spacing: 0.8px;\n\t  margin-top: 0;\n    }\n\n    .latest-news__accordion-btn.is-active {\n      margin-top: 0;\n    }\n\n    .latest-news__accordion-btn::after {\n      width: 16px;\n      height: 16px;\n    }\n\n    .latest-news__item {\n      padding-bottom: 52px;\n      margin-bottom: 24px;\n    }\n\n    .latest-news__content {\n      font-size: 18px;\n\t  max-height: 400px;\n\t  margin-top: 56px;\n    }\n\n    .latest-news__content ul li {\n      padding-left: 22px;\n    }\n\n    .latest-news__content ul li::before {\n      width: 10px;\n      height: 10px;\n    }\n\n    .latest-news__content .fxs-content-module-header {\n      font-size: 18px;\n      padding-right: 72px;\n    }\n\n    .latest-news__content .fxs-content-module-content {\n      padding-right: 0\n    }\n  }\n<\/style>\n\n<section class=\"latest-news\">\n  <div class=\"latest-news__list\">\n            <div class=\"latest-news__item js-news-item\">\n          <div class=\"latest-news__summary\">\n            <figure class=\"latest-news__thumb\">\n              <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/editorial.fxsstatic.com\/images\/i\/mexico-bank-02_Large.jpg\" alt=\"\" width=\"270\" height=\"180\">\n            <\/figure>\n            <div class=\"latest-news__title-wrapper\">\n\t\t\t\t<div>\n              <div class=\"latest-news__date\">\n                <figure class=\"latest-news__date-icon\">\n                  <img decoding=\"async\" src=\"\/wp-content\/uploads\/ico_clock.svg\" alt=\"\">\n                <\/figure>\n                <span>Sep 25, 05:08 HKT<\/span>\n              <\/div>\n              <div class=\"latest-news__title\">Banxico: Flexible stance with upside risks \u2013 Rabobank<\/div>\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t  <button class=\"latest-news__accordion-btn js-accordion\">\n\t\t\t\t<span>Read article<\/span>\n\t\t\t\t<span>Close<\/span>\n\t\t\t  <\/button>\n            <\/div>\n          <\/div>\n          <div class=\"latest-news__content is-en js-news-content\">\n            <p>Rabobank\u2019s Molly Schwartz and Christian Lawrence note Banxico kept its overnight rate at 6.50% but significantly softened forward guidance, decoupling Mexican policy from expected Federal Reserve moves. Inflation forecasts are broadly unchanged, with core CPI nudged higher and risks still skewed upward. Rabobank expects Banxico to hold at 6.50%, but sees the balance of risks favouring a future hike.<\/p><h2 class=\"fxs_headline_from_medium_to_large\">Policy on hold but guidance softens<\/h2><p>\"Banxico announced its decision to hold the overnight policy rate at 6.50%, as was largely expected. However, we did see some notable changes to the Banxico monetary policy statement. In particular, the Bank made the following adjustment:\"<\/p><p>\"Looking ahead, the Governing Board will make its decisions considering the ongoing disinflation process and the expected behavior of its determinants, including the exchange rate pass-through to consumer prices, the slack conditions, and inflation expectations. Since macroeconomic conditions in Mexico are different from those in the United States, monetary policy would not have to react mechanically to the anticipated adjustments to the federal funds rate. The central bank reaffirms its commitment to its primary mandate and the need to continue its efforts to consolidate an environment of low and stable inflation.\"<\/p><p>\"Looking ahead, the Governing Board estimates that it will be appropriate to maintain the reference rate at its current level. It judges that the monetary policy stance is well-suited to face the challenges posed by the macroeconomic environment, including those associated with the international context. The central bank reaffirms its commitment to its primary mandate and the need to continue its efforts to consolidate an environment of low and stable inflation.\"<\/p><p>\"While Banxico has indicated that maintaining the current reference rate may not be appropriate going forward, the Bank also did not signal strong directionality in its statement. Given our outlook that the Fed will hold the overnight policy rate at its current level and that there continue to be pressures on both sides of the balance, we believe Banxico will maintain the overnight policy rate at 6.50% going forward, though the risk is skewed in favour of a hike.\"<\/p><p>\"Inflation expectations from the Bank remain largely unchanged, with small upward adjustments in core CPI projections for Q3 and Q4 of this year. As oil prices climb, however, the upside risk to the Bank\u2019s inflation outlook climbs as well. The Bank also notes the deflationary effect of persistent slack in the Mexican economy, but states that the \u201cbalance of risks for the trajectory of inflation within the forecast horizon remains biased to the upside\u201d.\"<\/p><p><em>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. <\/em><em>Know more.<\/em><em>)<\/em><\/p>          <\/div>\n        <\/div>\n            <div class=\"latest-news__item js-news-item\">\n          <div class=\"latest-news__summary\">\n            <figure class=\"latest-news__thumb\">\n              <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/editorial.fxsstatic.com\/images\/i\/Norway_Large.png\" alt=\"\" width=\"270\" height=\"180\">\n            <\/figure>\n            <div class=\"latest-news__title-wrapper\">\n\t\t\t\t<div>\n              <div class=\"latest-news__date\">\n                <figure class=\"latest-news__date-icon\">\n                  <img decoding=\"async\" src=\"\/wp-content\/uploads\/ico_clock.svg\" alt=\"\">\n                <\/figure>\n                <span>Sep 25, 04:16 HKT<\/span>\n              <\/div>\n              <div class=\"latest-news__title\">Norwegian Krone: Norges Bank hike supports currency \u2013 BBH<\/div>\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t  <button class=\"latest-news__accordion-btn js-accordion\">\n\t\t\t\t<span>Read article<\/span>\n\t\t\t\t<span>Close<\/span>\n\t\t\t  <\/button>\n            <\/div>\n          <\/div>\n          <div class=\"latest-news__content is-en js-news-content\">\n            <p>Brown Brothers Harriman\u2019s (BBH) Elias Haddad highlights that the Norwegian Krone (NOK) outperformed after Norges Bank delivered a hawkish 25 basis point hike to 4.50%. Haddad signaled willingness to raise rates further if inflation warrants, with its forecast implying a 40% chance of another move to 4.75%. BBH adds Norway\u2019s energy exposure remains a key tailwind limiting USD\/NOK upside.<\/p><h2 class=\"fxs_headline_from_medium_to_large\">Hawkish hike and energy tailwinds<\/h2><p>\"The Norges Bank delivered a hawkish hike. NOK outperformed in part because the market was split going into today\u2019s policy decision. The Norges Bank increased the policy rate 25bps to 4.50%, after staying on hold the last two meetings, and signaled preparedness to \u201craise the policy rate further if warranted by the inflation outlook.\u201d\"<\/p><p>\"Indeed, the Norges Bank new policy rate forecast implies a 40% probability of another 25bps hike to a terminal rate of 4.75% by Q2 2027. That\u2019s largely in line with market pricing.\"<\/p><p>\"Bottom line, rising odds of additional Norges Bank hikes limits policy divergence with the Fed and USD\/NOK upside. More importantly, Norway\u2019s energy exposure remains a key tailwind for NOK.\"<\/p><p><em>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. <\/em><em>Know more.<\/em><em>)<\/em><\/p>          <\/div>\n        <\/div>\n            <div class=\"latest-news__item js-news-item\">\n          <div class=\"latest-news__summary\">\n            <figure class=\"latest-news__thumb\">\n              <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/editorial.fxsstatic.com\/images\/i\/mexican-peso-bear-01_Large.jpg\" alt=\"\" width=\"270\" height=\"180\">\n            <\/figure>\n            <div class=\"latest-news__title-wrapper\">\n\t\t\t\t<div>\n              <div class=\"latest-news__date\">\n                <figure class=\"latest-news__date-icon\">\n                  <img decoding=\"async\" src=\"\/wp-content\/uploads\/ico_clock.svg\" alt=\"\">\n                <\/figure>\n                <span>Sep 25, 04:12 HKT<\/span>\n              <\/div>\n              <div class=\"latest-news__title\">Mexican Peso slides to April lows as Banxico shrugs off Fed gap<\/div>\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t  <button class=\"latest-news__accordion-btn js-accordion\">\n\t\t\t\t<span>Read article<\/span>\n\t\t\t\t<span>Close<\/span>\n\t\t\t  <\/button>\n            <\/div>\n          <\/div>\n          <div class=\"latest-news__content is-en js-news-content\">\n            <style>.fxs-faq-module-wrapper{border:1px solid #dddedf;background:#fff;margin-bottom:32px;width:100%;float:left;font-family:Roboto,sans-serif}.fxs-faq-module-title{color:#1b1c23;font-size:16px;font-style:italic;font-weight:700;line-height:22.4px;text-transform:uppercase;background:#f3f3f8;padding:8px 16px;margin:0}.fxs-faq-module-container{padding:16px;width:100%;box-sizing:border-box;display:flex;flex-direction:column;gap:12px}.fxs-faq-module-section{padding-bottom:16px;border-bottom:1px solid #ececf1;margin-bottom:0}.fxs-faq-module-section:last-child{border:none;margin-bottom:0}.fxs-faq-module-container input[type=checkbox]{display:none}.fxs-faq-module-header{padding:4px 0;background-color:#fff;border:none;position:relative;cursor:pointer;margin:0}.fxs-faq-module-header label{display:block;cursor:pointer}.fxs-faq-module-header label span{display:block;width:calc(100% - 50px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{content:\"\";position:absolute;top:50%;right:16px;width:8px;height:2px;background-color:#49494f;transition:all .2s ease-in-out;transition-delay:0}.fxs-faq-module-header label:after{transform:rotate(45deg) translateX(-4px)}.fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(4px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{transition:transform .3s ease-in-out}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:after{transform:rotate(45deg) translateX(4px)}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(-4px)}.fxs-faq-module-content{max-height:0;overflow:hidden;transition:all .3s ease-in-out;color:#49494f;font-weight:300;padding:0;font-size:14.72px;line-height:20px;margin:0}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-content{max-height:1000px;margin-top:8px}@media (min-width:680px){.fxs-faq-module-title{font-size:19.2px;line-height:27.2px}.fxs-faq-module-header{font-size:19.2px;line-height:25.92px}.fxs-faq-module-content{font-size:16px;line-height:21.6px}}<\/style>\n<ul><li value=\"1\"><strong>USD\/MXN surges above 17.70 as Peso losses accelerate.<\/strong><\/li><li value=\"2\"><strong>Banxico says policy need not mechanically track Fed adjustments.<\/strong><\/li><li value=\"3\"><strong>Hawkish Fed rhetoric reinforces the US Dollar advantage after strong jobs data.<\/strong><\/li><\/ul><p>The Mexican Peso (MXN) extends its losses against the US Dollar (USD) on Thursday after the Bank of Mexico (Banxico) held the benchmark interest rate unchanged at 6.50%, disregarding the interest rate differential as a primary factor in setting monetary policy. The USD\/MXN pair rallies more than 1%, trading at 17.75, its highest level since late April.<\/p><h2 class=\"fxs_headline_from_medium_to_large\">USD\/MXN jumps as Banxico stresses independent policy path<\/h2><p>For the third time, Banxico held interest rates unchanged, unanimously. In its monetary policy statement, the central bank said that it \u201cwill make its decisions considering the ongoing disinflation process and the expected behavior of its determinants,\u201d which also includes the USD\/MXN exchange rate.<\/p><p>Mexico\u2019s central bank said that monetary policy \u201cwould not have to react mechanically to the anticipated adjustments to the Fed funds rate.\u201d Banxico\u2019s inflation projections indicate that headline and core inflation will converge toward its 3% goal by the fourth quarter of 2027.<\/p><p>Earlier, Mexican core inflation for the first half of September rose from 0.08% to 0.17% MoM, beneath forecasts of 0.2%. Headline inflation for the same period rose from 0.1% to 0.33%, exceeding forecasts of 0.26%.<\/p><p>Across the northern border, hawkish Fed speakers led by Cleveland Fed Beth Hammack, Philadelphia Fed Anna Paulson, and New York Fed John Williams increased the chances of a rate hike by the Fed at the October 28 meeting.<\/p><p>Data-wise, US jobless claims for the week ending September 19 came at 197K, below the previous week's reading of 198K and forecasts of 201K.<\/p><h2 class=\"fxs_headline_from_medium_to_large\">USD\/MXN Price Forecast: Technical outlook<\/h2><figure><img decoding=\"async\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/chart-analysis-1790280672068\" alt=\"Chart Analysis USD\/MXN\" loading=\"lazy\"><figcaption>USD\/MXN daily chart<\/figcaption><\/figure><p>In the daily chart, USD\/MXN trades at 17.7243. The pair holds well above the latest reading of the 50\/100\/200-day simple moving averages (SMA) cluster at 17.1647, keeping the near-term bias bullish as price extends further away from its underlying trend base. However, the Relative Strength Index (14) at 79.67 shows overbought conditions, hinting that while upside momentum is strong, the rally is becoming stretched against the backdrop of the overarching downward resistance trend lines that still cap the broader structure.<\/p><p>On the downside, initial support is seen at the SMA cluster around 17.16, ahead of stronger horizontal demand at 16.89, where previous lows created a structural floor. On the topside, the pair would face the next significant hurdles at the descending resistance trend lines drawn from the 18.17 and 21.08 cycle highs, which together outline the medium-term bearish channel and could limit further gains unless decisively broken.<\/p><p><em>(The technical analysis of this story was written with the help of an AI tool. <\/em><em>Know more.<\/em><em>)<\/em><\/p><div class=\"post-module\"><div id=\"content-module-faq-Forex-mxn-536\" data-type=\"faq\" data-module=\"faq\" data-config-topic=\"mxn\" data-config-category=\"Forex\" data-version=\"v1\" data-content-module-translate=\"0\">\n    <div class=\"fxs-faq-module-wrapper\">\n        <h2 class=\"fxs-faq-module-title\">Mexican Peso FAQs<\/h2>\n        <div class=\"fxs-faq-module-container\">\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-mxn-536accordion0\" checked=\"checked\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-mxn-536accordion0\">\n                            <span>What key factors drive the Mexican Peso?<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">The Mexican Peso (MXN) is the most traded currency among its Latin American peers. Its value is broadly determined by the performance of the Mexican economy, the country\u2019s central bank\u2019s policy, the amount of foreign investment in the country and even the levels of remittances sent by Mexicans who live abroad, particularly in the United States. Geopolitical trends can also move MXN: for example, the process of nearshoring \u2013 or the decision by some firms to relocate manufacturing capacity and supply chains closer to their home countries \u2013 is also seen as a catalyst for the Mexican currency as the country is considered a key manufacturing hub in the American continent. Another catalyst for MXN is Oil prices as Mexico is a key exporter of the commodity.\n<\/p>\n                <\/section>\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-mxn-536accordion1\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-mxn-536accordion1\">\n                            <span>How do decisions of the Banxico impact the Mexican Peso?<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">The main objective of Mexico\u2019s central bank, also known as Banxico, is to maintain inflation at low and stable levels (at or close to its target of 3%, the midpoint in a tolerance band of between 2% and 4%). To this end, the bank sets an appropriate level of interest rates. When inflation is too high, Banxico will attempt to tame it by raising interest rates, making it more expensive for households and businesses to borrow money, thus cooling demand and the overall economy. Higher interest rates are generally positive for the Mexican Peso (MXN) as they lead to higher yields, making the country a more attractive place for investors. On the contrary, lower interest rates tend to weaken MXN. \n<\/p>\n                <\/section>\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-mxn-536accordion2\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-mxn-536accordion2\">\n                            <span>How does economic data influence the value of the Mexican Peso?\n<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">Macroeconomic data releases are key to assess the state of the economy and can have an impact on the Mexican Peso (MXN) valuation. A strong Mexican economy, based on high economic growth, low unemployment and high confidence is good for MXN. Not only does it attract more foreign investment but it may encourage the Bank of Mexico (Banxico) to increase interest rates, particularly if this strength comes together with elevated inflation. However, if economic data is weak, MXN is likely to depreciate.\n<\/p>\n                <\/section>\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-mxn-536accordion3\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-mxn-536accordion3\">\n                            <span>How does broader risk sentiment impact the Mexican Peso?\n<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">As an emerging-market currency, the Mexican Peso (MXN) tends to strive during risk-on periods, or when investors perceive that broader market risks are low and thus are eager to engage with investments that carry a higher risk. Conversely, MXN tends to weaken at times of market turbulence or economic uncertainty as investors tend to sell higher-risk assets and flee to the more-stable safe havens.  \n<\/p>\n                <\/section>\n        <\/div>\n    <\/div>\n<\/div><\/div>          <\/div>\n        <\/div>\n            <div class=\"latest-news__item js-news-item\">\n          <div class=\"latest-news__summary\">\n            <figure class=\"latest-news__thumb\">\n              <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/editorial.fxsstatic.com\/images\/i\/mexico-bank-02_Large.jpg\" alt=\"\" width=\"270\" height=\"180\">\n            <\/figure>\n            <div class=\"latest-news__title-wrapper\">\n\t\t\t\t<div>\n              <div class=\"latest-news__date\">\n                <figure class=\"latest-news__date-icon\">\n                  <img decoding=\"async\" src=\"\/wp-content\/uploads\/ico_clock.svg\" alt=\"\">\n                <\/figure>\n                <span>Sep 25, 03:01 HKT<\/span>\n              <\/div>\n              <div class=\"latest-news__title\">Banxico unanimously holds benchmark rate at 6.50%<\/div>\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t  <button class=\"latest-news__accordion-btn js-accordion\">\n\t\t\t\t<span>Read article<\/span>\n\t\t\t\t<span>Close<\/span>\n\t\t\t  <\/button>\n            <\/div>\n          <\/div>\n          <div class=\"latest-news__content is-en js-news-content\">\n            <style>.fxs-faq-module-wrapper{border:1px solid #dddedf;background:#fff;margin-bottom:32px;width:100%;float:left;font-family:Roboto,sans-serif}.fxs-faq-module-title{color:#1b1c23;font-size:16px;font-style:italic;font-weight:700;line-height:22.4px;text-transform:uppercase;background:#f3f3f8;padding:8px 16px;margin:0}.fxs-faq-module-container{padding:16px;width:100%;box-sizing:border-box;display:flex;flex-direction:column;gap:12px}.fxs-faq-module-section{padding-bottom:16px;border-bottom:1px solid #ececf1;margin-bottom:0}.fxs-faq-module-section:last-child{border:none;margin-bottom:0}.fxs-faq-module-container input[type=checkbox]{display:none}.fxs-faq-module-header{padding:4px 0;background-color:#fff;border:none;position:relative;cursor:pointer;margin:0}.fxs-faq-module-header label{display:block;cursor:pointer}.fxs-faq-module-header label span{display:block;width:calc(100% - 50px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{content:\"\";position:absolute;top:50%;right:16px;width:8px;height:2px;background-color:#49494f;transition:all .2s ease-in-out;transition-delay:0}.fxs-faq-module-header label:after{transform:rotate(45deg) translateX(-4px)}.fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(4px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{transition:transform .3s ease-in-out}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:after{transform:rotate(45deg) translateX(4px)}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(-4px)}.fxs-faq-module-content{max-height:0;overflow:hidden;transition:all .3s ease-in-out;color:#49494f;font-weight:300;padding:0;font-size:14.72px;line-height:20px;margin:0}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-content{max-height:1000px;margin-top:8px}@media (min-width:680px){.fxs-faq-module-title{font-size:19.2px;line-height:27.2px}.fxs-faq-module-header{font-size:19.2px;line-height:25.92px}.fxs-faq-module-content{font-size:16px;line-height:21.6px}}<\/style>\n<p>On Thursday, the Bank of Mexico (Banxico) held interest rates unchanged at 6.50% for the third time, as expected, in a unanimous decision.<\/p><p>The monetary policy statement noted that headline inflation forecasts were revised downward for Q3 2026 due to lower anticipated non-core inflation. However, core inflation projections were modestly revised upward, and Banxico expects inflation to converge toward its 3% target in Q4 2027.<\/p><p>Worth noting that the Mexican central bank said prolonged geopolitical conflicts add uncertainty to forecasts. Additionally, <strong>Banxico said that monetary policy \u201cwould not have to react mechanically to the anticipated adjustments to the <\/strong><strong>Fed<\/strong><strong> funds rate.\u201d<\/strong><\/p><h2 class=\"fxs_headline_from_medium_to_large\">Key highlights:<\/h2><blockquote><p>Mexico central bank leaves benchmark interest rate unchanged at 6.50%<br><br>Says board was unanimous on rate decision<br><br>Headline inflation forecasts were revised downwards for the third quarter of 2026 due to lower levels of non-core inflation anticipated for that period<br><br>Says core inflation forecasts were adjusted slightly upwards between the third and fourth quarter of 2026<br><br>Headline inflation is still expected to converge to the target in the fourth quarter of 2027<br><br>Looking ahead, governing board will make its decisions considering the ongoing disinflation process and expected behavior of its determinants, including exchange rate pass-through to consumer prices, the Slack conditions, inflation expectations<br><br>Says economic slack is expected to continue throughout the forecast horizon and downward risks to economic activity persist<br><br>Says the balance of risks for the trajectory of inflation within the forecast horizon remains biased to the upside<br><br>Says the changes in economic policy by the US administration and a possible extension of geopolitical conflicts continue adding uncertainty to the forecasts<br><br>Banxico: their effects could imply pressures on inflation on both sides of the balance<br><br>Banxico forecasts Q4 2026 headline inflation at 3.5% versus previous forecast of 3.5%<br><br>Banxico forecasts Q4 2027 headline inflation at 3.0% versus previous forecast of 3.0%<br><br>Banxico forecasts Q4 2026 core inflation at 3.6% versus previous forecast of 3.5%<br><br>Banxico forecasts Q4 2027 core inflation at 3.0% versus previous forecast of 3.0%<br><br>Since macroeconomic conditions in Mexico are different from those in the United States, monetary policy would not have to react mechanically to the anticipated adjustments to the Federal funds rate<\/p><\/blockquote><div class=\"post-module\"><div id=\"content-module-faq-Forex-banxico-404\" data-type=\"faq\" data-module=\"faq\" data-config-topic=\"banxico\" data-config-category=\"Forex\" data-version=\"v1\" data-content-module-translate=\"0\">\n    <div class=\"fxs-faq-module-wrapper\">\n        <h2 class=\"fxs-faq-module-title\">Banxico FAQs<\/h2>\n        <div class=\"fxs-faq-module-container\">\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-banxico-404accordion0\" checked=\"checked\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-banxico-404accordion0\">\n                            <span>What is the Bank of Mexico?<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">The Bank of Mexico, also known as Banxico, is the country\u2019s central bank. Its mission is to preserve the value of Mexico\u2019s currency, the Mexican Peso (MXN), and to set the monetary policy. To this end, its main objective is to maintain low and stable inflation within target levels \u2013 at or close to its target of 3%, the midpoint in a tolerance band of between 2% and 4%.<\/p>\n                <\/section>\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-banxico-404accordion1\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-banxico-404accordion1\">\n                            <span>How does the Bank of Mexico\u2019s monetary policy influence the Mexican Peso?<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">The main tool of the Banxico to guide monetary policy is by setting interest rates. When inflation is above target, the bank will attempt to tame it by raising rates, making it more expensive for households and businesses to borrow money and thus cooling the economy. Higher interest rates are generally positive for the Mexican Peso (MXN) as they lead to higher yields, making the country a more attractive place for investors. On the contrary, lower interest rates tend to weaken MXN. The rate differential with the USD, or how the Banxico is expected to set interest rates compared with the US Federal Reserve (Fed), is a key factor.<\/p>\n                <\/section>\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-banxico-404accordion2\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-banxico-404accordion2\">\n                            <span>How often does the Bank of Mexico meet during the year?<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">Banxico meets eight times a year, and its monetary policy is greatly influenced by decisions of the US Federal Reserve (Fed). Therefore, the central bank\u2019s decision-making committee usually gathers a week after the Fed. In doing so, Banxico reacts and sometimes anticipates monetary policy measures set by the Federal Reserve. For example, after the Covid-19 pandemic, before the Fed raised rates, Banxico did it first in an attempt to diminish the chances of a substantial depreciation of the Mexican Peso (MXN) and to prevent capital outflows that could destabilize the country.<\/p>\n                <\/section>\n        <\/div>\n    <\/div>\n<\/div><\/div><p><em>(This story was corrected on September 24 at 19:28 GMT to say that Banxico held interest rates unchanged for the third time, instead of the fourth time.)<\/em><\/p>          <\/div>\n        <\/div>\n            <div class=\"latest-news__item js-news-item\">\n          <div class=\"latest-news__summary\">\n            <figure class=\"latest-news__thumb\">\n              <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/editorial.fxsstatic.com\/images\/i\/DollarIndex_Large.png\" alt=\"\" width=\"270\" height=\"180\">\n            <\/figure>\n            <div class=\"latest-news__title-wrapper\">\n\t\t\t\t<div>\n              <div class=\"latest-news__date\">\n                <figure class=\"latest-news__date-icon\">\n                  <img decoding=\"async\" src=\"\/wp-content\/uploads\/ico_clock.svg\" alt=\"\">\n                <\/figure>\n                <span>Sep 25, 03:04 HKT<\/span>\n              <\/div>\n              <div class=\"latest-news__title\">US Dollar Index extends its winning streak as Fed speakers line up behind hikes<\/div>\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t  <button class=\"latest-news__accordion-btn js-accordion\">\n\t\t\t\t<span>Read article<\/span>\n\t\t\t\t<span>Close<\/span>\n\t\t\t  <\/button>\n            <\/div>\n          <\/div>\n          <div class=\"latest-news__content is-en js-news-content\">\n            <style>.fxs-faq-module-wrapper{border:1px solid #dddedf;background:#fff;margin-bottom:32px;width:100%;float:left;font-family:Roboto,sans-serif}.fxs-faq-module-title{color:#1b1c23;font-size:16px;font-style:italic;font-weight:700;line-height:22.4px;text-transform:uppercase;background:#f3f3f8;padding:8px 16px;margin:0}.fxs-faq-module-container{padding:16px;width:100%;box-sizing:border-box;display:flex;flex-direction:column;gap:12px}.fxs-faq-module-section{padding-bottom:16px;border-bottom:1px solid #ececf1;margin-bottom:0}.fxs-faq-module-section:last-child{border:none;margin-bottom:0}.fxs-faq-module-container input[type=checkbox]{display:none}.fxs-faq-module-header{padding:4px 0;background-color:#fff;border:none;position:relative;cursor:pointer;margin:0}.fxs-faq-module-header label{display:block;cursor:pointer}.fxs-faq-module-header label span{display:block;width:calc(100% - 50px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{content:\"\";position:absolute;top:50%;right:16px;width:8px;height:2px;background-color:#49494f;transition:all .2s ease-in-out;transition-delay:0}.fxs-faq-module-header label:after{transform:rotate(45deg) translateX(-4px)}.fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(4px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{transition:transform .3s ease-in-out}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:after{transform:rotate(45deg) translateX(4px)}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(-4px)}.fxs-faq-module-content{max-height:0;overflow:hidden;transition:all .3s ease-in-out;color:#49494f;font-weight:300;padding:0;font-size:14.72px;line-height:20px;margin:0}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-content{max-height:1000px;margin-top:8px}@media (min-width:680px){.fxs-faq-module-title{font-size:19.2px;line-height:27.2px}.fxs-faq-module-header{font-size:19.2px;line-height:25.92px}.fxs-faq-module-content{font-size:16px;line-height:21.6px}}<\/style>\n<ul><li value=\"1\"><strong>DXY extends its run to near 101.40, its highest since late July, as Fed speakers back hikes.<\/strong><\/li><li value=\"2\"><strong>Initial jobless claims at 197K against a 201K forecast.<\/strong><\/li><li value=\"3\"><strong>Durable goods orders on Friday, forecast at -0.4% after 1.1%.<\/strong><\/li><\/ul><p>The Dollar Index has won back about 90% of what it lost between the late-July top and the August low. It reached 101.40 on Thursday, its highest since late July, and is heading for a fourth straight gain.<\/p><p>Three Fed officials spoke on Thursday and all three said more tightening may be needed. The futures market had been paying for that since the Fed raised rates to 3.75-4.00% on September 16. It's possible the Fed is further from its next move than the Dollar implies, though none of the three officials who spoke said so.<\/p><h2 class=\"fxs_headline_from_medium_to_large\">A 4K beat on jobless claims, and three speakers who didn't need it<\/h2><p>New York Fed President Williams said in London it is reasonable to expect one more increase this year. Cleveland Fed President Hammack said the risks to inflation lean higher and that the longer it stays above target, the harder and more costly the return to 2%. Philadelphia Fed President Paulson, like President Hammack a voter this year, said further modest increases may be needed.<\/p><p>The US data gave none of them a reason to back off. Initial jobless claims came in at 197K against a 201K forecast and 198K the week before, and new home sales rose 6.4% in August after a 4.3% fall. Futures put better-than-even odds on an October hike, and another hike widens the gap between what Dollar deposits earn and what the Euro and the Yen earn.<\/p><p>Friday brings the orders data. Durable goods orders are forecast at -0.4% after 1.1%, and orders excluding transportation at 0.6% after 0.4%, with the University of Michigan's household inflation expectations at 14:00 GMT forecast at 4.6% for the year ahead. President Williams and President Hammack are both scheduled to speak again on Friday, so the market gets a second hearing from two officials it has already priced.<\/p><h2 class=\"fxs_headline_from_medium_to_large\">A 31-year high in Japanese rates, and the Yen still falls<\/h2><p>The other half of the move is outside the US. The Euro traded at a two-month low against the Dollar in Asia on Thursday, and the Pound near a three-month low. USD\/JPY traded near 158.00 as Tokyo came back from three days of holidays. That's despite the Bank of Japan (BoJ) raising its rate to 1.25% on September 18, a hike traders read as too small to start a run of them.<\/p><p>Japan's finance ministry bought \u00a515.4 trillion of Yen between July 30 and August 26. The risk of a repeat keeps traders more cautious above 158.00 than the BoJ rate does. The Euro is 57.6% of the Dollar Index and the Yen 13.6%, so a two-month low in the Euro moves the index about four times as much as the same step in the Yen.<\/p><h2 class=\"fxs_headline_from_medium_to_large\">Levels for the Dollar Index<\/h2><p>Resistance: Thursday's high near 101.40 is the highest since late July and came in under the late-July top just above 101.50, set on July 28 before the index turned lower. Above that, the June peak near 101.80 is the top of the range on the daily chart.<\/p><p>Support: 101.00 is the level Wednesday's run went through, and Thursday's low held right on it. Below that, 100.50 is where Wednesday's rally started.<\/p><p>Bias: The setup sits with the bulls above 101.00. The late-July top just above 101.50 comes first and the June peak near 101.80 after it. Momentum on the daily Stochastic Relative Strength Index (Stoch RSI) is at about 84, its first reading above 80 since early July, so the run is stretched and could pause without turning. A daily close below 100.50 ends the long case.<\/p><hr class=\"fxs_divider_first\"><h2 class=\"fxs_headline_from_medium_to_large\">DXY daily chart<\/h2><img decoding=\"async\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/image-1790276641061.png\" alt=\"\" loading=\"lazy\"><div class=\"post-module\"><div id=\"content-module-faq-Forex-usd-644\" data-type=\"faq\" data-module=\"faq\" data-config-topic=\"usd\" data-config-category=\"Forex\" data-version=\"v1\" data-content-module-translate=\"0\">\n    <div class=\"fxs-faq-module-wrapper\">\n        <h2 class=\"fxs-faq-module-title\">US Dollar FAQs<\/h2>\n        <div class=\"fxs-faq-module-container\">\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-usd-644accordion0\" checked=\"checked\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-usd-644accordion0\">\n                            <span>What is the US Dollar?<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">The US Dollar (USD) is the official currency of the United States of America, and the \u2018de facto\u2019 currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded currency in the world, accounting for over 88% of all global foreign exchange turnover, or an average of $6.6 trillion in transactions per day, according to data from 2022.\nFollowing the second world war, the USD took over from the British Pound as the world\u2019s reserve currency. For most of its history, the US Dollar was backed by Gold, until the Bretton Woods Agreement in 1971 when the Gold Standard went away.<\/p>\n                <\/section>\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-usd-644accordion1\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-usd-644accordion1\">\n                            <span>How do the decisions of the Federal Reserve impact the US Dollar?<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">The most important single factor impacting on the value of the US Dollar is monetary policy, which is shaped by the Federal Reserve (Fed). The Fed has two mandates: to achieve price stability (control inflation) and foster full employment. Its primary tool to achieve these two goals is by adjusting interest rates.\nWhen prices are rising too quickly and inflation is above the Fed\u2019s 2% target, the Fed will raise rates, which helps the USD value. When inflation falls below 2% or the Unemployment Rate is too high, the Fed may lower interest rates, which weighs on the Greenback.<\/p>\n                <\/section>\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-usd-644accordion2\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-usd-644accordion2\">\n                            <span>What is Quantitative Easing and how does it influence the US Dollar?<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">In extreme situations, the Federal Reserve can also print more Dollars and enact quantitative easing (QE). QE is the process by which the Fed substantially increases the flow of credit in a stuck financial system.\nIt is a non-standard policy measure used when credit has dried up because banks will not lend to each other (out of the fear of counterparty default). It is a last resort when simply lowering interest rates is unlikely to achieve the necessary result. It was the Fed\u2019s weapon of choice to combat the credit crunch that occurred during the Great Financial Crisis in 2008. It involves the Fed printing more Dollars and using them to buy US government bonds predominantly from financial institutions. QE usually leads to a weaker US Dollar.<\/p>\n                <\/section>\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-usd-644accordion3\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-usd-644accordion3\">\n                            <span>What is Quantitative Tightening and how does it influence the US Dollar?<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">Quantitative tightening (QT) is the reverse process whereby the Federal Reserve stops buying bonds from financial institutions and does not reinvest the principal from the bonds it holds maturing in new purchases. It is usually positive for the US Dollar.<\/p>\n                <\/section>\n        <\/div>\n    <\/div>\n<\/div><\/div>          <\/div>\n        <\/div>\n            <div class=\"latest-news__item js-news-item\">\n          <div class=\"latest-news__summary\">\n            <figure class=\"latest-news__thumb\">\n              <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/editorial.fxsstatic.com\/images\/i\/Singapore2-18326_Large.png\" alt=\"\" width=\"270\" height=\"180\">\n            <\/figure>\n            <div class=\"latest-news__title-wrapper\">\n\t\t\t\t<div>\n              <div class=\"latest-news__date\">\n                <figure class=\"latest-news__date-icon\">\n                  <img decoding=\"async\" src=\"\/wp-content\/uploads\/ico_clock.svg\" alt=\"\">\n                <\/figure>\n                <span>Sep 25, 02:38 HKT<\/span>\n              <\/div>\n              <div class=\"latest-news__title\">Singapore Dollar: Inflation keeps MAS cautious \u2013 Commerzbank<\/div>\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t  <button class=\"latest-news__accordion-btn js-accordion\">\n\t\t\t\t<span>Read article<\/span>\n\t\t\t\t<span>Close<\/span>\n\t\t\t  <\/button>\n            <\/div>\n          <\/div>\n          <div class=\"latest-news__content is-en js-news-content\">\n            <p>Commerzbank\u2019s Dr. Henry Hao and Moses Lim note that Singapore\u2019s August headline and core inflation both climbed to the upper half of the Monetary Authority of Singapore\u2019s 2026 forecast range, with services, retail goods, food and utilities all contributing. They argue wage pressures should moderate, allowing MAS to stay on hold in October unless energy-driven imported inflation or broader price pressures intensify, while USD\/SGD has recently firmed.<\/p><h2 class=\"fxs_headline_from_medium_to_large\">MAS seen staying on hold<\/h2><p>\"August headline inflation rose 2.3% yoy vs 2.2% in July, matching market expectations. It marked the highest reading since July 2024 and accelerated for a third consecutive month. Core CPI, which excludes accommodation and private transportation, climbed to 2.2% yoy (Bloomberg consensus: 2.2%) vs 2.0% in July.\"<\/p><p>\"Both headline and core inflation remained in the upper half of the Monetary Authority of Singapore's (MAS) 2026 forecast range of 1.5-2.5% for a second consecutive month.\"<\/p><p>\"On monetary policy, although August inflation was firmer, it remained within MAS' forecast range. Additionally, wage pressures are expected to moderate in the coming months, reducing the urgency for further tightening by MAS. Unless inflation pressures broaden materially or the recent rise in global energy prices leads to a more persistent increase in imported inflation, MAS should have room to remain on hold at its next review in October.\"<\/p><p>\"In FX, USD\/SGD rose 0.4% to 1.2800 yesterday, closing at its highest level since 13 August due to broad dollar strength.\"<\/p><p>\"Nonetheless, SGD remained the third best-performing Asian currency this year. Year-to-date, it is up 0.4% vs the USD compared to the average for Asian currencies ex-Japan of a 1.71% depreciation.\"<\/p><p><em>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. <\/em><em>Know more.<\/em><em>)<\/em><\/p>          <\/div>\n        <\/div>\n            <div class=\"latest-news__item js-news-item\">\n          <div class=\"latest-news__summary\">\n            <figure class=\"latest-news__thumb\">\n              <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/editorial.fxsstatic.com\/images\/i\/stock-chaos--03_Large.jpg\" alt=\"\" width=\"270\" height=\"180\">\n            <\/figure>\n            <div class=\"latest-news__title-wrapper\">\n\t\t\t\t<div>\n              <div class=\"latest-news__date\">\n                <figure class=\"latest-news__date-icon\">\n                  <img decoding=\"async\" src=\"\/wp-content\/uploads\/ico_clock.svg\" alt=\"\">\n                <\/figure>\n                <span>Sep 25, 02:32 HKT<\/span>\n              <\/div>\n              <div class=\"latest-news__title\">Forex Today: Fedspeak takes centre stage<\/div>\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t  <button class=\"latest-news__accordion-btn js-accordion\">\n\t\t\t\t<span>Read article<\/span>\n\t\t\t\t<span>Close<\/span>\n\t\t\t  <\/button>\n            <\/div>\n          <\/div>\n          <div class=\"latest-news__content is-en js-news-content\">\n            <p><em>The US Dollar (USD) has traded with gains for the fourth consecutive day on Thursday, managing to revisit levels last seen in late July. In the meantime, further tightening by the Fed remains at the centre of almost every debate, while the steady uncertainty on the geopolitical front has also contributed to the move higher in the buck.<\/em><\/p><h2 class=\"fxs_headline_from_medium_to_large\"><strong>Here is what you need to know on Friday, September 25:<\/strong><\/h2><p>The US Dollar Index (DXY) has climbed to the 101.30-101.40 band, approaching the area of three-month peaks. Durable Goods Orders are due, seconded by the final print of the U-Mich Consumer Sentiment. In addition, the Fed\u2019s Williams, Schmid and Hammack are expected to speak.<\/p><p>EUR\/USD has remained under pressure, slipping back to the 1.1360 zone, or multi-week lows. Germany\u2019s Consumer Confidence tracked by GfK is due alongside the ECB\u2019s M3 Money Supply and Loans to Households\/Companies figures. In addition, the ECB\u2019s Vujcic is due to speak.<\/p><p>GBP\/USD has receded to fresh three-month lows, with a potential challenge to the 1.3200 contention zone emerging in the near term. The GfK\u2019s Consumer Confidence will be the sole event across the Channel.<\/p><p>USD\/JPY has advanced further and come just pips away from the 159.00 hurdle, or fresh three-week tops. The next event on the domestic calendar will be the release of the BoJ Minutes on September 28.<\/p><p>AUD\/USD\u2019s decline has faltered just ahead of the key 0.7000 level, approaching the area of two-month troughs. The RBA\u2019s interest rate decision will be the next key event in Oz on September 29.<\/p><p>Front-month WTI futures have regained further traction, bouncing to the boundaries of the $96.00 mark per barrel amid the unabated effervescence in the Middle East.<\/p><p>Gold has retreated to seven-week lows and is now approaching the $4,200 mark per troy ounce. The yellow metal\u2019s extra weakness has followed another positive day in the US Dollar along with further advances in US Treasury yields across the curve.<\/p><p><br><\/p>          <\/div>\n        <\/div>\n            <div class=\"latest-news__item js-news-item\">\n          <div class=\"latest-news__summary\">\n            <figure class=\"latest-news__thumb\">\n              <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/editorial.fxsstatic.com\/images\/i\/discover-81_Large.png\" alt=\"\" width=\"270\" height=\"180\">\n            <\/figure>\n            <div class=\"latest-news__title-wrapper\">\n\t\t\t\t<div>\n              <div class=\"latest-news__date\">\n                <figure class=\"latest-news__date-icon\">\n                  <img decoding=\"async\" src=\"\/wp-content\/uploads\/ico_clock.svg\" alt=\"\">\n                <\/figure>\n                <span>Sep 25, 02:03 HKT<\/span>\n              <\/div>\n              <div class=\"latest-news__title\">Japanese Yen struggles as Fed rate hike bets drive US yields higher<\/div>\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t  <button class=\"latest-news__accordion-btn js-accordion\">\n\t\t\t\t<span>Read article<\/span>\n\t\t\t\t<span>Close<\/span>\n\t\t\t  <\/button>\n            <\/div>\n          <\/div>\n          <div class=\"latest-news__content is-en js-news-content\">\n            <style>.fxs-faq-module-wrapper{border:1px solid #dddedf;background:#fff;margin-bottom:32px;width:100%;float:left;font-family:Roboto,sans-serif}.fxs-faq-module-title{color:#1b1c23;font-size:16px;font-style:italic;font-weight:700;line-height:22.4px;text-transform:uppercase;background:#f3f3f8;padding:8px 16px;margin:0}.fxs-faq-module-container{padding:16px;width:100%;box-sizing:border-box;display:flex;flex-direction:column;gap:12px}.fxs-faq-module-section{padding-bottom:16px;border-bottom:1px solid #ececf1;margin-bottom:0}.fxs-faq-module-section:last-child{border:none;margin-bottom:0}.fxs-faq-module-container input[type=checkbox]{display:none}.fxs-faq-module-header{padding:4px 0;background-color:#fff;border:none;position:relative;cursor:pointer;margin:0}.fxs-faq-module-header label{display:block;cursor:pointer}.fxs-faq-module-header label span{display:block;width:calc(100% - 50px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{content:\"\";position:absolute;top:50%;right:16px;width:8px;height:2px;background-color:#49494f;transition:all .2s ease-in-out;transition-delay:0}.fxs-faq-module-header label:after{transform:rotate(45deg) translateX(-4px)}.fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(4px)}.fxs-faq-module-header label:after,.fxs-faq-module-header label:before{transition:transform .3s ease-in-out}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:after{transform:rotate(45deg) translateX(4px)}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-header label:before{transform:rotate(-45deg) translateX(-4px)}.fxs-faq-module-content{max-height:0;overflow:hidden;transition:all .3s ease-in-out;color:#49494f;font-weight:300;padding:0;font-size:14.72px;line-height:20px;margin:0}input[type=checkbox]:checked+.fxs-faq-module-section .fxs-faq-module-content{max-height:1000px;margin-top:8px}@media (min-width:680px){.fxs-faq-module-title{font-size:19.2px;line-height:27.2px}.fxs-faq-module-header{font-size:19.2px;line-height:25.92px}.fxs-faq-module-content{font-size:16px;line-height:21.6px}}<\/style>\n<ul><li value=\"1\"><strong>USD\/JPY advances for a fifth straight day as a hawkish Fed outlook supports the US Dollar.<\/strong><\/li><li value=\"2\"><strong>Rising Japanese bond yields offer limited help to the Yen as the US-Japan rate remains wide.<\/strong><\/li><li value=\"3\">T<strong>raders monitor US-Iran talks, particularly the possibility of reopening the Strait of Hormuz.<\/strong><\/li><\/ul><p>USD\/JPY extends its advance for a fifth consecutive day on Thursday as broad US Dollar (USD) strength and persistent pressure on the Japanese Yen (JPY) keep the pair firmly supported. At the time of writing, USD\/JPY changes hands near 158.80, having clawed back most of the decline seen earlier this month from levels near 160.<\/p><p>The rebound comes as traders assess the monetary policy outlooks of the Federal Reserve (Fed) and the Bank of Japan (BoJ) following their September meetings. Markets see a growing chance that the Fed will raise borrowing costs again after delivering a 25-basis-point (bps) increase last week, which lifted the federal funds rate to 3.75%-4.00%.<\/p><p>Strong US data has supported the hawkish outlook. The S&amp;P Global Composite Purchasing Managers\u2019 Index (PMI) climbed to a five-year high of 58.4 in September, while Initial Jobless Claims fell to 197K, below expectations of 201K. The previous claims figure was revised higher to 198K from 196K.<\/p><p>US Dollar and Treasury yields extend their advance in response, with the US benchmark 10-year yield trading around 5.16%, its highest level since 2007. The US Dollar Index (DXY), which tracks the Greenback\u2019s value against a basket of six major currencies, trades around 101.25, near its highest level since July 29.<\/p><p>However, the bond sell-off is not driven by monetary policy alone and is not limited to the United States (US). Higher Oil prices are lifting inflation expectations across major economies, while heavy government borrowing and fiscal concerns add upward pressure on long-term yields.<\/p><p>Japanese bond yields are also climbing, with the 10-year Japanese Government Bond yield reaching around 3.08% on Thursday, its highest level since August 1996. However, the rise offers limited support to the Yen as the yield gap with the US remains wide.<\/p><p>The BoJ raised its policy rate by 25 bps to 1.25%, its highest level in 31 years, but two dissenting votes and limited guidance on future hikes prompted traders to view the decision as slightly dovish. Elevated Oil prices also increase Japan\u2019s import costs, creating another headwind for the Yen.<\/p><p>On the geopolitical front, Reuters reported that the US and Iran are discussing a phased plan to end the war. The first stage could involve Iran reopening the Strait of Hormuz in exchange for Washington lifting its economic blockade, with Tehran possibly receiving access to frozen assets.<\/p><p>A meaningful agreement could push Oil prices lower, ease inflation concerns and offer some relief to Japan\u2019s energy-importing economy. For now, the hawkish Fed outlook keeps USD\/JPY tilted higher, although the threat of intervention could return as the pair approaches 160.<\/p><div class=\"post-module\"><div id=\"content-module-faq-Forex-jpy-157\" data-type=\"faq\" data-module=\"faq\" data-config-topic=\"jpy\" data-config-category=\"Forex\" data-version=\"v1\" data-content-module-translate=\"0\">\n    <div class=\"fxs-faq-module-wrapper\">\n        <h2 class=\"fxs-faq-module-title\">Japanese Yen FAQs<\/h2>\n        <div class=\"fxs-faq-module-container\">\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-jpy-157accordion0\" checked=\"checked\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-jpy-157accordion0\">\n                            <span>What key factors drive the Japanese Yen?<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">The Japanese Yen (JPY) is one of the world\u2019s most traded currencies. Its value is broadly determined by the performance of the Japanese economy, but more specifically by the Bank of Japan\u2019s policy, the differential between Japanese and US bond yields, or risk sentiment among traders, among other factors.<\/p>\n                <\/section>\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-jpy-157accordion1\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-jpy-157accordion1\">\n                            <span>How do the decisions of the Bank of Japan impact the Japanese Yen?<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">One of the Bank of Japan\u2019s mandates is currency control, so its moves are key for the Yen. The BoJ has directly intervened in currency markets sometimes, generally to lower the value of the Yen, although it refrains from doing it often due to political concerns of its main trading partners. The BoJ ultra-loose monetary policy between 2013 and 2024 caused the Yen to depreciate against its main currency peers due to an increasing policy divergence between the Bank of Japan and other main central banks. More recently, the gradually unwinding of this ultra-loose policy has given some support to the Yen.\n<\/p>\n                <\/section>\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-jpy-157accordion2\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-jpy-157accordion2\">\n                            <span>How does the differential between Japanese and US bond yields impact the Japanese Yen?<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">Over the last decade, the BoJ\u2019s stance of sticking to ultra-loose monetary policy has led to a widening policy divergence with other central banks, particularly with the US Federal Reserve. This supported a widening of the differential between the 10-year US and Japanese bonds, which favored the US Dollar against the Japanese Yen. The BoJ decision in 2024 to gradually abandon the ultra-loose policy, coupled with interest-rate cuts in other major central banks, is narrowing this differential.<\/p>\n                <\/section>\n                <input type=\"checkbox\" id=\"content-module-faq-Forex-jpy-157accordion3\">\n                <section class=\"fxs-faq-module-section\">\n                    <h3 class=\"fxs-faq-module-header\">\n                        <label for=\"content-module-faq-Forex-jpy-157accordion3\">\n                            <span>How does broader risk sentiment impact the Japanese Yen?<\/span>\n                        <\/label>\n                    <\/h3>\n                    <p class=\"fxs-faq-module-content\">The Japanese Yen is often seen as a safe-haven investment. This means that in times of market stress, investors are more likely to put their money in the Japanese currency due to its supposed reliability and stability. Turbulent times are likely to strengthen the Yen\u2019s value against other currencies seen as more risky to invest in.<\/p>\n                <\/section>\n        <\/div>\n    <\/div>\n<\/div><\/div>          <\/div>\n        <\/div>\n            <div class=\"latest-news__item js-news-item\">\n          <div class=\"latest-news__summary\">\n            <figure class=\"latest-news__thumb\">\n              <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/editorial.fxsstatic.com\/images\/i\/Discover-f-6_Large.jpg\" alt=\"\" width=\"270\" height=\"180\">\n            <\/figure>\n            <div class=\"latest-news__title-wrapper\">\n\t\t\t\t<div>\n              <div class=\"latest-news__date\">\n                <figure class=\"latest-news__date-icon\">\n                  <img decoding=\"async\" src=\"\/wp-content\/uploads\/ico_clock.svg\" alt=\"\">\n                <\/figure>\n                <span>Sep 25, 01:58 HKT<\/span>\n              <\/div>\n              <div class=\"latest-news__title\">Swiss Franc: SNB on hold keeps upside in crosses \u2013 BBH<\/div>\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t  <button class=\"latest-news__accordion-btn js-accordion\">\n\t\t\t\t<span>Read article<\/span>\n\t\t\t\t<span>Close<\/span>\n\t\t\t  <\/button>\n            <\/div>\n          <\/div>\n          <div class=\"latest-news__content is-en js-news-content\">\n            <p>Brown Brothers Harriman notes the Swiss Franc underperformed as the Swiss National Bank (SNB) kept its policy rate at zero for a fifth straight meeting and resisted market expectations for future hikes. With inflation forecasts still below 1%, BBH argues the widening yield gap versus the US and Eurozone should maintain upside pressure on USD\/CHF and EUR\/CHF pairs.<\/p><h2 class=\"fxs_headline_from_medium_to_large\">Yield gaps pressure CHF crosses<\/h2><p>\"CHF underperformed with the SNB stuck at ground zero. As was widely expected, the SNB kept the policy rate at 0.00% for a fifth consecutive meeting. However, the SNB pushed back against market pricing 50 to 75bps of hikes in the next twelve months.\"<\/p><p>\"The SNB stressed that \u201cmonetary policy is appropriate\u201d to keep inflation within its price stability mandate of less than 2% per annum. While the SNB\u2019s inflation projection was raised slightly due to higher prices for oil products, it remains below 1% over the entire forecast horizon.\"<\/p><p>\"Bottom line, widening US-Swiss and EU-Swiss yield gap will keep upside pressure on USD\/CHF and EUR\/CHF.\"<\/p><p><em>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. <\/em><em>Know more.<\/em><em>)<\/em><\/p>          <\/div>\n        <\/div>\n            <div class=\"latest-news__item js-news-item\">\n          <div class=\"latest-news__summary\">\n            <figure class=\"latest-news__thumb\">\n              <img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/editorial.fxsstatic.com\/images\/i\/eur-usd-fix-01_Large.jpg\" alt=\"\" width=\"270\" height=\"180\">\n            <\/figure>\n            <div class=\"latest-news__title-wrapper\">\n\t\t\t\t<div>\n              <div class=\"latest-news__date\">\n                <figure class=\"latest-news__date-icon\">\n                  <img decoding=\"async\" src=\"\/wp-content\/uploads\/ico_clock.svg\" alt=\"\">\n                <\/figure>\n                <span>Sep 25, 01:21 HKT<\/span>\n              <\/div>\n              <div class=\"latest-news__title\">Euro: Decline nears support zone against US Dollar \u2013 Scotiabank<\/div>\n\t\t\t\t\t\n\t\t\t\t<\/div>\n\t\t\t  <button class=\"latest-news__accordion-btn js-accordion\">\n\t\t\t\t<span>Read article<\/span>\n\t\t\t\t<span>Close<\/span>\n\t\t\t  <\/button>\n            <\/div>\n          <\/div>\n          <div class=\"latest-news__content is-en js-news-content\">\n            <p>Scotiabank strategists Shaun Osborne and Eric Theoret note the Euro (EUR) remains soft as front-end spreads widen and European Union (EU) concerns persist over a possible US diesel export ban, despite official denials. While sentiment data have diverged from German GDP since 2024, improving IFO readings better align with firmer growth. Technically, they see EUR\/USD in a bearish trend, with losses looking extended and support expected around 1.1325\/50.<\/p><h2 class=\"fxs_headline_from_medium_to_large\">Bearish trend approaches value area<\/h2><p>\"The EUR retains a soft undertone, reflecting the sustained widening in front-end spreads on the one hand and ongoing EU concerns about the impact of a potential US export ban of diesel on the other (despite US denials yesterday that it would not pursue a 90-day ban).\"<\/p><p>\"Germany\u2019s IFO Survey improved a little more than expected in September, with the Business Climate Index firming to 89.9 and Expectations rising to 90.4.\"<\/p><p>\"The IFO sentiment data has diverged (unusually) from German GDP since 2024. The lag remains apparent but improved sentiment aligns somewhat better with firming growth trends in the economy.\"<\/p><p>\"Bearish\u2014Sustained losses in September leave the EUR poised to weaken a little further at least although the decline is starting to look extended and spot levels are nearing the lows seen through mid-year which may entice some \u201cvalue\u201d buyers. Support should be firmer in the 1.1325\/50 range\"<\/p><p><em>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. <\/em><em>Know more.<\/em><em>)<\/em><\/p>          <\/div>\n        <\/div>\n      <\/div>\n  <div class=\"latest-news__pagination\">\n    <div><a class=\"latest-news__page active\" href=\"?nav=1\">1<\/a><\/div><div><a class=\"latest-news__page \" href=\"?nav=2\">2<\/a><\/div><div><a class=\"latest-news__page \" href=\"?nav=3\">3<\/a><\/div><div><a class=\"latest-news__page \" href=\"?nav=4\">4<\/a><\/div><div><a class=\"latest-news__page \" href=\"?nav=5\">5<\/a><\/div>  <\/div>\n<\/section>\n<script>\n  let acc = document.getElementsByClassName(\"js-accordion\");\n  let i;\n\n  for (i = 0; i < acc.length; i++) {\n    acc[i].addEventListener(\"click\", function() {\n      this.classList.toggle(\"is-active\");\n\t  const parent = this.closest('.js-news-item')\n      const panel = parent.querySelector('.js-news-content')\n      parent.classList.toggle(\"is-active\");\n      if (panel.style.display === \"block\") {\n        panel.style.display = \"none\";\n      } else {\n        panel.style.display = \"block\";\n      }\n    });\n  }\n\t\n  function handleAccordionInContents() {\n\t  const dataAccordions = jQuery(\".latest-news__content.is-cn .fxs-content-module-header\")\n\t  dataAccordions.each(function() {\n\t\t  const $this = jQuery(this)\n\t\t  let isExpanded = $this.parent().attr('expanded')\n\t\t  if(typeof isExpanded !== 'undefined' && isExpanded !== false) {\n\t\t\t  $this.addClass('show')\n\t\t\t  $this.parent().addClass('show')\n\t\t  }\n\t  })\n\t  dataAccordions.on(\"click\", function(e) {\n\t\t  const $this = jQuery(this)\n\t\t  const content = $this.next()\n\t\t  if($this.hasClass('show')) {\n\t\t\t  content.slideUp(300, function() {\n\t\t\t\t  $this.removeClass('show')\n\t\t\t  \t  $this.parent().removeClass('show')\n\t\t\t  })\n\t\t  } else {\n\t\t\t  content.css(\"opacity\", 0)\n\t\t\t  \t.slideDown(300)\n\t\t\t  \t.animate(\n\t\t\t\t\t{ opacity: 1 },\n\t\t\t\t\t{ queue: false, duration: 300 }\n\t\t\t\t  );\n\t\t\t  $this.addClass('show')\n\t\t\t  $this.parent().addClass('show')\n\t\t\t  \n\t\t  }\n\t  })\n  }\n\t\n\t\n\tjQuery(document).ready(function() {\n\t\thandleAccordionInContents()\n\t})\n<\/script>\n\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e823cf5 e-flex e-con-boxed e-con\" data-id=\"e823cf5\" data-element_type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[],&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-741da53 elementor-widget elementor-widget-heading\" data-id=\"741da53\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Forex Market News<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-874732b elementor-widget elementor-widget-text-editor\" data-id=\"874732b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 26-06-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Our dedicated focus on forex news and insights empowers you to capitalise on investment opportunities in the dynamic FX market. The forex landscape is ever-evolving, characterised by continuous exchange rate fluctuations shaped by vast influential factors. From economic data releases to geopolitical developments, these events can sway market sentiment and drive substantial movements in currency valuations.<\/p><p>At Rakuten Securities Hong Kong, we prioritise delivering timely and accurate forex news updates sourced from reputable platforms like FXStreet. This ensures you stay informed about crucial market developments, enabling informed decision-making and proactive strategy adjustments. Whether you&#8217;re monitoring forex forecasts, analysing trading perspectives, or seeking to capitalise on emerging trends, our comprehensive approach equips you with the insights needed to navigate the FX market effectively.<\/p><p>Stay ahead with our comprehensive forex news coverage, designed to keep you informed and prepared to seize profitable opportunities in the dynamic world of forex trading.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>HOME Forex News News source: FXStreet Forex Market News Our dedicated focus on forex news and insights empowers you to capitalise on investment opportunities in the dynamic FX market. The forex landscape is ever-evolving, characterised by continuous exchange rate fluctuations shaped by vast influential factors. From economic data releases to geopolitical developments, these events can [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":273,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_jet_sm_ready_style":"","_jet_sm_style":"","_jet_sm_controls_values":"","_jet_sm_fonts_collection":"","_jet_sm_fonts_links":"","_links_to":"","_links_to_target":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Forex News | FX Forecast - Rakuten Securities HK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sec.rakuten.com.hk\/en\/insight\/forex-news\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forex News | FX Forecast - Rakuten Securities HK\" \/>\n<meta property=\"og:description\" content=\"HOME Forex News News source: FXStreet Forex Market News Our dedicated focus on forex news and insights empowers you to capitalise on investment opportunities in the dynamic FX market. 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