foreign exchange
Coverage of foreign exchange in the Nexus archive.
- Cornerstone Insurance’s 2025’s profit drops more than half as FX gains dry up
Cornerstone Insurance's 2025 post-tax profit declined by 54.6% due to a reversal in foreign exchange gains, which shifted from N30.8 billion to -N6.1 billion. FX gains, a major profit driver in 2024, significantly contributed to the decline.
- US-Japan More Aligned on FX, Katayama Says After Bessent Talks
US and Japan are more aligned on foreign exchange (FX) matters, according to Katayama following discussions with Bessent.
- Sri Lankan Rupee Surges 2% on Central Bank Measure to Support FX
The Sri Lankan Rupee surged 2% following a Central Bank measure to support foreign exchange. The intervention aimed to stabilize the currency amid economic pressures.
- Low Dollar Volatility Forces FX Traders Into Carry, Value Bets
Low dollar volatility is forcing foreign exchange traders into carry and value bets. This shift in strategy is due to the current market conditions. Traders are looking for alternative ways to generate returns.
- Japan’s Katayama Warns ‘Nearing’ Time to Take Bold FX Steps
Japan's Satsuki Katayama warns that the time to take bold foreign exchange (FX) measures is nearing. The article highlights her caution amid potential economic pressures.
- JPX CEO: Stable FX To Attract Global Money
JPX CEO highlights stable foreign exchange rates as a key factor to attract global investment. The statement emphasizes confidence in maintaining favorable FX conditions to boost financial inflows.
- Deutsche CFO Says Credit, FX Continue to 'Outperform' Expectations
Deutsche Bank's CFO reports that credit and foreign exchange (FX) departments continue to outperform expectations. The company's financial performance in these areas remains stronger than anticipated.
- Sherwin-Williams Sales Jump Most Since 2023 on Forex Tailwinds
Sherwin-Williams reported its largest sales increase since 2023, driven by foreign exchange tailwinds. The company's performance highlights the impact of currency fluctuations on its financial results.
- Japan’s Katayama on Constant Close Contact With US on FX
Japan's Katayama emphasized maintaining constant close contact with the United States on foreign exchange (FX) matters, highlighting collaborative efforts to ensure market stability. The statement underscores ongoing diplomatic and economic coordination between the two nations.
- Japan's Katayama on Constant Close Contact With US on FX
Japan's Katayama emphasizes maintaining constant close contact with the US regarding foreign exchange matters. The statement highlights ongoing diplomatic and economic coordination between the two countries on currency-related issues.
- China Jostles With US for FX Influence: 3-Minutes MLIV
China and the United States are competing for influence in the foreign exchange market, signaling a strategic economic rivalry. The article highlights their efforts to shape global financial dynamics through FX policy and market interventions.