Foreign exchange breaking news
Here are some recent breaking news stories related to foreign exchange:
USD/JPY Plunges to 15-Month Low
The US dollar has fallen to a 15-month low against the Japanese yen, with the USD/JPY pair dropping to 105.50. The move comes as investors seek safe-haven assets amid growing concerns over the global economy.
Sterling Tumbles to 2-Year Low Against Euro
The British pound has fallen to a 2-year low against the euro, with the GBP/EUR pair dropping to 0.83. The move comes as investors worry about the impact of Brexit on the UK economy.
Chinese Yuan Hits 7-Year Low Against US Dollar
The Chinese yuan has fallen to a 7-year low against the US dollar, with the USD/CNY pair rising to 7.15. The move comes as investors worry about the impact of the US-China trade war on the Chinese economy.
Eurozone Inflation Rate Falls to 1.2%
The eurozone inflation rate has fallen to 1.2%, down from 1.3% in the previous month. The move comes as investors worry about the impact of low inflation on the eurozone economy.
Australian Dollar Falls to 2-Year Low Against US Dollar
The Australian dollar has fallen to a 2-year low against the US dollar, with the AUD/USD pair dropping to 0.67. The move comes as investors worry about the impact of the US-China trade war on the Australian economy.
Swiss Franc Strengthens Against US Dollar
The Swiss franc has strengthened against the US dollar, with the USD/CHF pair falling to 0.98. The move comes as investors seek safe-haven assets amid growing concerns over the global economy.
Emerging Markets currencies under Pressure
Emerging markets currencies, including the Turkish lira, South African rand, and Mexican peso, are under pressure amid growing concerns over the global economy and the impact of the US-China trade war.
Central Banks Intervene in Currency Markets
Several central banks, including the Bank of Japan and the Swiss National Bank, have intervened in currency markets to stabilize their currencies and prevent excessive volatility.
These are just a few examples of recent breaking news stories related to foreign exchange. The foreign exchange market is constantly changing, so it's important to stay up-to-date with the latest news and developments.