News
Important Only
Bitcoin Standard Treasury Company To Go Public Through Business Combination With Cantor Equity Partners I, Inc.
July 17 (Reuters) - Cantor Equity Partners I Inc CEPO.O:BITCOIN STANDARD TREASURY COMPANY TO GO PUBLIC THROUGH BUSINESS COMBINATION WITH CANTOR EQUITY PARTNERS I, INC.CANTOR EQUITY PARTNERS I INC - $400 MILLION COMMON EQUITY COMMITTED AT $10 PER SHARECANTOR EQUITY PARTNERS I INC - UP TO $1.5 BILLION...Reuters
Thu, Jul 17
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.6% lower at C$1.3759 to the greenback, or 72.68 U.S. cents, after trading in a range of 1.3684 to 1.3774.Canadian government 10-year bond yields CA10YT=RR...Reuters
Thu, Jul 17
FOREX-Dollar climbs as traders mull Powell's future, yen dips ahead of Japan election
Dollar firms against major peersFed Chair Powell's future in focus Japan's political shift weighs on Yen, exports fallUS retail data, TICs data awaitedBy Rocky Swift and Lucy Raitano TOKYO/LONDON, July 17 (Reuters) - The dollar was broadly stronger against major peers on Thursday as inves...Reuters
Thu, Jul 17
JPY is underperforming into this weekend’s upper house elections – Scotiabank
The Japanese Yen (JPY) is weak, down 0.6% against the US Dollar (USD) and underperforming most of the G10 currencies amid broad-based USD strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.Fxstreet
Thu, Jul 17
GBP a relative outperformer on labor data surprise – Scotiabank
The Pound Sterling (GBP) is down only 0.2% against the US Dollar (USD) and outperforming all of its G10 peers into Thursday’s NA open. In the longer run, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
Thu, Jul 17
USD/JPY trades firmly around 148.70 ahead of Japan’s elections
The USD/JPY pair gains over 0.5% to near 148.70 on Thursday. The pair trades firmly as the US Dollar (USD) demonstrates strength, following United States (US) President Donald Trump refuted to reports stating the dismissal of Federal Reserve (Fed) Chair Jerome Powell soon.Fxstreet
Thu, Jul 17
CAD slides back to mid-1.37s amid broader dollar rebound – Scotiabank
The Canadian Dollar (CAD) is weaker, down nearly 0.5% on the session and retesting yesterday’s intraday low versus the USD in generally featureless trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
Thu, Jul 17
AUD/USD dives to three-week lows near 0.6560 after weak Australian employment data
The Australian Dollar is one of the weakest performers of the G8 currencies on Thursday, hammered by a disappointing Australian Employment report and the overall risk-averse market, which is boosting demand for safe-haven assets, such as the US Dollar.Fxstreet
Thu, Jul 17
RPT-COLUMN-Reversing US immigration set to grab market attention: Mike Dolan
By Mike Dolan LONDON, July 17 (Reuters) - While markets have been obsessed with U.S. tariffs since April, they may gradually shift focus to an arguably bigger economic issue: worker shortages from halted immigration and rising deportations.Financial markets continue to be swayed by the Trump admi...Reuters
Thu, Jul 17
INDIA RUPEE-Rupee dips past key support, exporter activity and inflows help limit losses
By Jaspreet Kalra MUMBAI, July 17(Reuters) - The Indian rupee weakened past a key support level on Thursday to hit a three-week low, pressured by a broadly stronger dollar, even as exporter dollar sales and portfolio inflows helped the local currency limit its losses.The rupee INR=IN closed at 86...Reuters
Thu, Jul 17
Truckmaker Volvo counts on improving Europe to offset North America slump
Shares flat after rising 3% in early tradingSigns of recovery in Europe offset North America slumpQ2 adjusted operating profit at SEK 13.5 bln, above consensusBy Jesus Calero July 17 (Reuters) - Swedish truckmaker Volvo VOLVb.ST reported higher than expected quarterly earnings on Thursday, as si...Reuters
Thu, Jul 17
EUR/GBP breakout signals Fresh upside – Société Générale
EUR/GBP has broken out of its recent consolidation range, confirming renewed bullish momentum. With technical indicators supportive, the pair now targets higher levels, provided key support at 0.8585 holds, Société Générale's FX analysts note.
Fxstreet
Thu, Jul 17
GBP/JPY nears YTD highs at 199.80 as tariffs, political uncertainty hurt the Yen
The Pound has shrugged off the impact of the grim UK employment figures seen earlier today to rally against a weaker Japanese Yen, weighed by the increasing political uncertainty and lack of progress in the trade talks with the US.
Fxstreet
Thu, Jul 17
Sterling strengthens against euro after job market data
LONDON, July 17 (Reuters) - The pound strengthened against the euro on Thursday, after data showed that a cooling in the British labour market, which had alarmed some policymakers, now appears less acute than the previous report had suggested. The euro was last down 0.22% on the pound at 86.52 pence...Reuters
Thu, Jul 17
