News
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Brazil fine-tuning plan to help companies deal with US tariffs
SAO PAULO, Aug 1 (Reuters) - Brazil's government expects to announce next week the first measures of a contingency plan it has been preparing to help businesses to cope with the 50% tariff announced by U.S. President Donald Trump on several goods from that country.Finance Minister Fernando Hadda...Reuters
Fri, Aug 1
JPY outperforming as haven demand returns following hiatus – Scotiabank
The Japanese Yen (JPY) is up a modest 0.2% against the US Dollar (USD) but outperforming all of the G10 currencies in classic risk off trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Fri, Aug 1
EUR consolidating above 1.14 for second consecutive session – Scotiabank
The Euro (EUR) is quietly consolidating just above 1.14 against US Dollar (USD), trading in an exceptionally tight range for a second consecutive session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Fri, Aug 1
FOREX-Dollar forges higher as Trump releases new tariff barrage
Dollar hits new highs after levies raised for some countriesSwiss franc, Canadian dollar hit by country tariffs Yen sinks, Bank of Japan signals no hurry to resume rate hikesUS monthly jobs data due later By Amanda Cooper LONDON, Aug 1 (Reuters) - The dollar headed for its strongest weekly perfor...Reuters
Fri, Aug 1
CAD’s week-long slide extends – Scotiabank
The Canadian Dollar (CAD) continues the steady slide seen over the past week but has held up relatively well so far today in the face of President Trump’s latest tariff moves, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Fri, Aug 1
INDIA RUPEE-Rupee steadies to cap rough week dominated by Trump's tariff jolt
By Ashwin Manikandan MUMBAI, Aug 1 (Reuters) - The Indian rupee nudged higher on Friday, supported by likely intervention from the Reserve Bank of India, but still logged its worst weekly drop since late 2022 due to worries over U.S. tariffs and sustained foreign portfolio outflows.The rupee INR=...Reuters
Fri, Aug 1
USD/JPY breaks triangle, eyes further gains – Société Générale
USD/JPY has confirmed a bullish breakout, reclaiming the 200-day moving average and signaling renewed upward momentum. With key support at 147.50 holding firm, the pair now sets its sights on the March high at 151.20 and further upside toward 153.10, Société Générale's FX analysts note.Fxstreet
Fri, Aug 1
Canada's Fortis Q2 net earnings rise
OverviewFortis Q2 net earnings rise to C$384 mln, driven by rate base growthCapital expenditures reach C$2.9 bln in H1, supporting C$5.2 bln annual planCo reports 34% reduction in GHG emissions compared to 2019 levelsOutlookFortis expects midyear rate base to grow from C$39 bln in 2024 to C$53 bln b...Reuters
Fri, Aug 1
Johnson Outdoors Q3 sales beat estimates
OverviewJohnson Outdoors fiscal Q3 sales rise 5% to $180.7 mln, beating estimatesOperating profit reaches $7.3 mln, reversing prior year loss of $0.5 mlnNet income jumps to $7.7 mln, or $0.75 per share, from $1.6 mlnOutlookJohnson Outdoors, fishing and camping equipment maker, addresses tariff uncer...Reuters
Fri, Aug 1
