News
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USD/CAD struggles near 1.3750 due to improved Oil prices
USD/CAD remains subdued for the second successive session, trading around 1.3770 during the Asian hours on Monday. The pair faces challenges as the commodity-linked Canadian Dollar (CAD) receives support from the slight increase in crude Oil prices.
Fxstreet
Mon, Aug 4
Australia, NZ dollars hold onto gains as greenback feels rate cut drag
Aussie, kiwi's gains on Friday break six-day losing streakDomestic bond yields slump, tracking their US counterpartsBy Stella Qiu SYDNEY, Aug 4 (Reuters) - The Australian and New Zealand dollars held onto gains on Monday after the greenback was badly bruised by a bleak U.S. jobs report that h...Reuters
Mon, Aug 4
Australian Dollar remains steady following TD-MI Inflation Gauge data
The Australian Dollar (AUD) advances against the US Dollar (USD) on Monday, extending its gains for the second successive trading day. The AUD/USD pair gained ground following the release of Australia's inflation gauge data.
Fxstreet
Mon, Aug 4
TREASURIES-Treasury yields hit 3-month low in aftermath of jobs report, Fed resignation
US 2-year yields drop as traders bet on Fed rate cutsJobs data shows crack in US labour marketInvestors weigh Trump firing Labor department officialFed Gov Kugler's resignation opens door for Trump to reshape Fed By Ankur Banerjee SINGAPORE, Aug 4 (Reuters) - U.S. Treasury yields slipped to t...Reuters
Mon, Aug 4
NZD/USD softens to near 0.5900 ahead of China’s trade deadline
The NZD/USD pair tumbles to near 0.5915 during the Asian trading hours on Monday. Tariff uncertainty between the United States (US) and China weighs on the China-proxy Kiwi. The downside might be limited due to a dismal US jobs report and rising September Federal Reserve (Fed) rate cut bets.
Fxstreet
Mon, Aug 4
EUR/USD falls to near 1.1550 despite a dovish tone surrounding Fed policy outlook
EUR/USD depreciates after registering around 1.5% gains in the previous session, trading around 1.1560 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) recovers its losses of the prior trading day.
Fxstreet
Mon, Aug 4
FOREX-Dollar steadies after tumble as investors eye imminent Fed cuts
Dollar rebounds slightly after Friday's drubbingWeak jobs data, uncertainty over Fed independence undermine US economyInvestors pricing in more than 90% chance of September Fed cutBy Rae Wee SINGAPORE, Aug 4 (Reuters) - A battered dollar edged marginally higher on Monday after a dismal U.S. j...Reuters
Mon, Aug 4
Brazil finance minister to speak with Bessent next week over U.S. sanctions on Brazil judge
BRASILIA, Aug 1 (Reuters) - The Brazilian finance minister said on Friday he will hold a virtual meeting next week with U.S. Treasury Secretary Scott Bessent to discuss U.S. sanctions imposed this week on Brazilian Supreme Court justice Alexandre de Moraes.Minister Fernando Haddad told journalists t...Reuters
Fri, Aug 1
EUR/USD skyrockets as US jobs data triggers Fed rate cut bets
The EUR/USD surges more than 1% on Friday as the Greenback gets battered on a worse-than-expected jobs report in the United States (US), which triggered investors' reaction to price in two interest rate cuts by the Federal Reserve (Fed).Fxstreet
Fri, Aug 1
FOREX-Dollar tumbles, traders bet on more US rate cuts after weak jobs report
Dollar falls broadly against peers after weak US jobs reportSwiss franc, Canadian dollar earlier hit by country tariffs Bank of Japan signals no hurry to resume rate hikes By Karen Brettell NEW YORK, Aug 1 (Reuters) - The dollar dropped on Friday and was on track for its biggest daily loss agains...Reuters
Fri, Aug 1
FOREX-Dollar tumbles, traders bet on more US rate cuts after weak jobs report
Dollar falls broadly against peers after weak US jobs reportSwiss franc, Canadian dollar earlier hit by country tariffs Bank of Japan signals no hurry to resume rate hikes By Karen Brettell NEW YORK, Aug 1 (Reuters) - The dollar dropped on Friday and was on track for its biggest daily loss agains...Reuters
Fri, Aug 1
AUD/USD slips despite soft NFP as RBA rate cut bets keep Aussie pressured
The Australian Dollar (AUD) remains under pressure against the US Dollar (USD) on Friday, giving back most of its earlier gains despite broad weakness in the Greenback following a disappointing Nonfarm Payrolls (NFP) data.Fxstreet
Fri, Aug 1
CANADA FX DEBT-Canadian dollar pares weekly decline as Fed rate cut bets surge
Canadian dollar gains 0.4% against the greenbackRebounds from its weakest since May 22 at 1.3879For the week, the loonie is down 0.7%10-year yield touches a three-week low at 3.372%By Fergal Smith TORONTO, Aug 1 (Reuters) - The Canadian dollar rebounded from a two-month low against its U.S. count...Reuters
Fri, Aug 1
UK Treasury says it respects motor finance ruling, will assess impact
LONDON, Aug 1 (Reuters) - Britain's finance ministry said on Friday it respected a Supreme Court ruling on car finance commissions which was likely to ease the fears of some banks about the extent of a redress scheme."We respect this judgment from the Supreme Court and we will now work with ...Reuters
Fri, Aug 1
