News
Important Only
TSMC: Expects Q3 Revenue Of $31.8-33 Bln
July 17 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd 2330.TW:TSMC: EXPECTS Q3 REVENUE OF $31.8-33 BILLION (VERSUS Q3 2024 REVENUE $23.5 BILLION)TSMC: EXPECTS Q3 GROSS MARGIN AT 55.5-57.5% (Q2 58.6%)TSMC: EXPECTS Q3 OPERATING MARGIN AT 45.5-47.5% (Q2 49.6%)TSMC: SEES 2025 CAPEX AT $38-42 BIL...Reuters
Thu, Jul 17
Silver Price Forecast: XAG/USD wobbles around $38, awaits clarity on US-EU trade talks
Silver price (XAG/USD) trades in a tight range around $38 during the Asian trading session on Wednesday. The white metal consolidates as investors await more cues regarding trade talks between the United States (US) and the European Union (EU).
Fxstreet
Thu, Jul 17
FOREX-Yen slides on tariff, election anxiety; Aussie hit by soft jobs
Investors focus on tariffs and Japan's political shiftJapan's exports fall amid tariff tensions with U.S.Concerns over Fed independence and dollar stability riseBy Rocky Swift TOKYO, July 17 (Reuters) - The yen slid on Thursday as concerns mounted over a pivotal election in Japan and a st...Reuters
Thu, Jul 17
USD/CAD retakes 1.3700, eyes multi-week top amid a broadly firmer USD
The USD/CAD pair attracts some dip-buying during the Asian session on Thursday and climbs further beyond the 1.3700 mark amid a broadly firmer US Dollar (USD). Spot prices have now reversed the previous day's retracement slide from a three-week high and seem poised to appreciate further.
Fxstreet
Thu, Jul 17
USD/INR falls while investors await US-India trade deal confirmation
The Indian Rupee (INR) opens higher against the US Dollar (USD) on Thursday. The USD/INR ticks down to near 85.95 but is broadly sideways, while investors await the confirmation of a trade deal between the United States and India.Fxstreet
Thu, Jul 17
China's yuan steadies as anxiety grows over Fed, Trump spat
SHANGHAI, July 17 (Reuters) - China's yuan steadied against the dollar on Thursday, as the central bank yet again set a much stronger guidance fix to keep the currency stable amid rising concerns over U.S. President Donald Trump's relentless criticism of the Federal Reserve chair.The outlook...Reuters
Thu, Jul 17
EUR/USD falls toward 1.1600 ahead of Eurozone HICP data
EUR/USD retraces its recent gains from the previous session, trading around 1.1620 during the Asian hours on Thursday. Traders will likely observe Eurozone Harmonized Index of Consumer Prices (HICP) data scheduled to be released later in the day.
Fxstreet
Thu, Jul 17
FOREX-Yen slides as tariff, election concerns weigh; Aussie hit by soft jobs
Investors focus on tariffs and Japan's political shiftJapan's exports fall amid tariff tensions with U.S.Concerns over Fed independence and dollar stability riseBy Rocky Swift TOKYO, July 17 (Reuters) - The yen slid on Thursday as concerns mounted over a pivotal election in Japan and a st...Reuters
Thu, Jul 17
INDIA RUPEE-Rupee contends with weak Asia, Fed leadership speculation
By Nimesh Vora MUMBAI, July 17 (Reuters) - The Indian rupee at open on Thursday will contend with a slide in Asian peers, U.S. Federal Reserve leadership upheaval, and soft U.S. inflation data that slightly strengthened expectations of a rate cut at the Fed's September meeting. The 1-mont...Reuters
Thu, Jul 17
Japanese Yen resumes downtrend; USD/JPY climbs to mid-148.00s amid fresh USD buying
The Japanese Yen (JPY) attracts fresh sellers after data released during the Asian session on Thursday showed that Japan clocked a smaller-than-expected trade surplus in June amid a continued decline in exports.
Fxstreet
Thu, Jul 17
NZD/USD softens to below 0.5950 amid cautious trades
The NZD/USD pair attracts some sellers to around 0.5925 during the Asian trading hours on Thursday. The cautious trades and the prospect of the US Federal Reserve (Fed) maintaining its current interest rates underpin the US Dollar (USD) against the New Zealand Dollar (NZD).
Fxstreet
Thu, Jul 17
Japan 'concerned' about forex market movement, government spokesperson says
TOKYO, July 17 (Reuters) - Japan is closely monitoring interest rate trends and their impact on people's lives as long-term rates affect the economy and public finances, a government spokesperson said on Thursday.Deputy Chief Cabinet Secretary Kazuhiko Aoki said the government was "concerned...Reuters
Thu, Jul 17
Australia dollar skids as jobless jump stokes rate cut pressure
By Wayne Cole SYDNEY, July 17 (Reuters) - The Australian dollar slid on Thursday after jobs data badly missed forecasts and unemployment hit highs not seen since late 2021, stoking market wagers for a cut in interest rates.Employment rose by just 2,000 in June, when analysts had looked for a gain...Reuters
Thu, Jul 17
FOREX-Dollar on shaky ground as markets fret about Fed independence
Trump denies planning to fire Fed Chair PowellConcerns over Fed independence and dollar stability riseInvestors focus on tariffs and Japan's political shiftBy Rocky Swift TOKYO, July 17 (Reuters) - The dollar was on a fragile footing on Thursday having lost ground overnight as concerns U.S. P...Reuters
Thu, Jul 17
Lula records speech to the nation about U.S. tariffs against Brazil, local media says
SAO PAULO, July 16 (Reuters) - Brazilian President Luiz Inacio Lula da Silva has recorded a TV and radio address to the nation about Donald Trump's administration threat to raise tariffs against Brazil, newspaper Valor Economico said on Wednesday, citing sources.The speech, which comes after Tru...Reuters
Wed, Jul 16
