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Canadian Dollar weakens after July CPI undershoots forecasts
The Canadian Dollar (CAD) weakens against the US Dollar (USD) on Tuesday, with USD/CAD climbing above the 1.3830 mark as softer-than-expected inflation data from Canada fuels speculation of a dovish stance from the Bank of Canada (BoC).
Fxstreet
Tue, Aug 19
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% lower at C$1.3832 to the greenback, or 72.3 U.S. cents, after trading in a range of 1.3797 to 1.3837.Canadian government 10-year bond yields CA10YT=RR f...Reuters
Tue, Aug 19
GBP quiet despite continued support from fundamentals – Scotiabank
The Pound Sterling (GBP) is entering Tuesday’s NA session with a modest 0.1% gain, lagging its European currency peers while slightly outperforming growth-sensitive commodity peers CAD and AUD, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Tue, Aug 19
FOREX-Dollar slips as markets digest Ukraine summit, await Fed comments
Traders gauge promising signals toward ending Russia-Ukraine warFed's Jackson Hole symposium in focus for policy hintsOdds of Fed rate cut in September at 83%By Jaspreet Kalra SINGAPORE, Aug 19 (Reuters) - The dollar dipped against major peers on Tuesday as markets assessed the outcome of a s...Reuters
Tue, Aug 19
CAD underperforms again – Scotiabank
The Canadian Dollar (CAD) is marginally softer versus the US Dollar (USD) on the day, with a mild net loss on the session contrasting—once again—with moderate gains for the major currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Tue, Aug 19
China's iQIYI hires banks for up to $300 million second listing in Hong Kong, sources say
Hong Kong listing could happen by mid-Feb 2026, source saysiQIYI share price jumped more than 20% at one point on MondayShares lifted by regulator's plan to boost TV content creationBy Kane Wu and Julie Zhu HONG KONG, Aug 19 (Reuters) - Chinese video streaming platform iQIYI IQ.O has hired Ba...Reuters
Tue, Aug 19
INDIA RUPEE-Rupee logs biggest rise in over a month as traders see risks of additional US tariff ebbing
By Ashwin ManikandanMUMBAI, Aug 19 (Reuters) - The Indian rupee saw its biggest rise in over a month on Tuesday over optimism that U.S. may ease its stance on the additional 25% tariffs imposed on domestic goods after Donald Trump met with the Russian and Ukrainian presidents. The rupee INR=IN stren...Reuters
Tue, Aug 19
USD/JPY has scope to extend to 148.30 – UOB Group
The sharp rise in US Dollar (USD) has scope to extend to 148.30; the major resistance at 148.80 is unlikely to be tested. In the longer run, USD has likely moved back into a range-trading phase between 146.50 and 148.80, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Aug 19
Tether Says It Appoints Former White House Crypto Council Executive Director Bo Hines As Strategic Advisor For Digital Assets & U.S. Strategy
Aug 19 (Reuters) - TETHER: APPOINTS FORMER WHITE HOUSE CRYPTO COUNCIL EXECUTIVE DIRECTOR BO HINES AS STRATEGIC ADVISOR FOR DIGITAL ASSETS AND U.S. STRATEGYSource text: https://tinyurl.com/4dd447bzFurther company coverage: [ ]Reuters
Tue, Aug 19
AUD/USD is still trading in a range – UOB Group
The bias for Australian Dollar (AUD) is tilted to the downside toward 0.6475; the major support at 0.6455 is unlikely to come into view. In the longer run, AUD is still trading in a range, probably between 0.6455 and 0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Aug 19
GBP/USD: Likely to trade in a range between 1.3415 and 1.3585 – UOB Group
Rapidly increasing downward momentum suggests Pound Sterling (GBP) could continue to decline, potentially dropping below 1.3485. In the longer run, GBP is now neutral; it is likely to trade in a range between 1.3415 and 1.3585, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Aug 19
EUR/USD: Likely to trade with a downward bias – UOB Group
Euro (EUR) is likely to trade with a downward bias; any decline is unlikely to threaten the major support at 1.1630. In the longer run, outlook is mixed; for the time being, EUR is likely to trade in a range of 1.1630/1.1755, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Aug 19
ANALYSIS-Trump's interest rate demands put 'fiscal dominance' in market spotlight
Soaring US debt could undermine inflation control, investors sayHigh long-term yields, weak dollar signal market worriesFed independence seen at risk amid political pressureBy Davide Barbuscia NEW YORK, Aug 19 (Reuters) - As U.S. debt swells and the White House leans on the Federal Reserve to cut...Reuters
Tue, Aug 19
Sterling nudges higher against dollar, inflation data in focus
By Jaspreet KalraAug 19 (Reuters) - Sterling tracked the euro higher against the dollar on Tuesday as markets gauged the probability of a peace deal between Russia and Ukraine following encouraging diplomatic signals from a White House meeting with European leaders.Sterling GBP=D3 was up 0.1% at $1....Reuters
Tue, Aug 19
