News
Important Only
NZD/USD gathers strength to above 0.5950 ahead of US PPI release
The NZD/USD pair attracts some buyers to near 0.5965, snapping the three-day losing streak during the early Asian session on Wednesday. The better-than-expected China Gross domestic product (GDP) report provides some support to the China-proxy Kiwi.
Fxstreet
Wed, Jul 16
FOREX-Dollar rides Treasury yields higher as Trump's tariffs begin to bite
US dollar rises, 10-year yield hits one-month highYen languishes near four-month lowUS inflation data showed price impact on some heavily imported goodsBy Rae Wee SINGAPORE, July 16 (Reuters) - The U.S. dollar rose alongside Treasury yields on Wednesday, which in turn kept pressure on the yen aft...Reuters
Wed, Jul 16
USD/CAD posts modest losses below 1.3750 amid muted chance of BoC rate cut
The USD/CAD pair trades with mild losses near 1.3720 during the early Asian session on Wednesday. Hotter Canadian inflation data reduced expectations for Bank of Canada (BoC) interest rate cuts, supporting the Canadian Dollar (CAD).
Fxstreet
Tue, Jul 15
EUR/USD sinks towards 1.1600 as US inflation rises and crushes Fed cut hopes
The EUR/USD fell some 0.55% on Tuesday after the latest US inflation report revealed that prices are edging higher, justifying the Federal Reserve's current policy stance. Hence, traders trimmed bets that the Fed would cut rates at the July meeting.
Fxstreet
Tue, Jul 15
UK's Reeves vows to ease more rules to lift 'boot on the neck' off business
UK finance minister gives annual Mansion House speechReeves widens her message to scrap regulationPlans include encouraging people to invest in stocksLatest bid by government to get elusive growth goingBy William Schomberg, Tommy Reggiori Wilkes and David Milliken LONDON, July 15 (Reuters) - Brit...Reuters
Tue, Jul 15
Brazil government calls US remarks 'unacceptable interference'
SAO PAULO, July 15 (Reuters) - Brazil's foreign ministry said on Tuesday it rejected fresh remarks from the U.S. government that said it would be "watching closely" after imposing "long-overdue consequences" regarding a court case against former President Jair Bolsonaro.U.S. Pres...Reuters
Tue, Jul 15
ANALYSIS-Investors seek protection from risk of Fed chief's ouster
Trump has called for Powell's resignation, lower interest ratesErosion of Fed independence could make financial assets more volatile Investors diversify portfolios amid Fed leadership uncertaintyBy Carolina Mandl, Matt Tracy and Gertrude Chavez-Dreyfuss NEW YORK, July 15 (Reuters) - President...Reuters
Tue, Jul 15
Brazil's government, Congress fail to reach agreement on IOF tax
SAO PAULO, July 15 (Reuters) - A Supreme Court hearing between representatives of the Brazilian government and Congress to address a dispute over the financial transactions tax IOF ended on Tuesday without an agreement, a court document showed.Reuters
Tue, Jul 15
Brazil looks to solve US tariff issue before deadline
BRASILIA, July 15 (Reuters) - Brazil will work to get the United States to reverse 50% tariffs on Brazilian goods before they are set to take effect on August 1, Vice President Geraldo Alckmin said on Tuesday.Speaking to reporters in Brasilia after meeting with business leaders to discuss the tariff...Reuters
Tue, Jul 15
GBP/JPY strengthens ahead of UK CPI as diverging monetary policies and Yen weakness supports gains
The British Pound (GBP) continues to appreciate against the Japanese Yen (JPY) on Tuesday, as diverging central bank policies and rising geopolitical tensions support bullish momentum.
Fxstreet
Tue, Jul 15
FOREX-Dollar hits 15-week high against yen as consumer prices gain
US consumer prices picked up in JuneDollar hits 15-week high against Japanese yenFed funds futures traders see 44 bps in cuts this yearBy Karen Brettell NEW YORK, July 15 (Reuters) - The dollar reached a 15-week high against the Japanese yen on Tuesday as U.S. consumer prices increased by the mos...Reuters
Tue, Jul 15
CANADA FX DEBT-Canadian dollar falls slightly, CPI data crimps rate-cut bets
Canadian dollar falls 0.1% against the greenbackDecline than for other G10 currenciesAnnual inflation rate increases to 1.9%10-year yield rises to one-year highBy Fergal Smith TORONTO, July 15 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Tuesday, but the loonie decl...Reuters
Tue, Jul 15
Canadian Dollar slumps after CPI inflation double-header prints higher in June
The Canadian Dollar (CAD) took a one-two punch on Tuesday after Consumer Price Index (CPI) inflation figures rose through the end of the second quarter on both sides of the 49th parallel. The Loonie fell back into recent lows post-CPI print, boosting the USD/CAD pair back above the 1.3700 handle.Fxstreet
Tue, Jul 15
AUD/USD extends decline amid stronger US CPI data, Trump renews rate cut call
The Australian Dollar (AUD) weakened further against the US Dollar (USD) on Tuesday, following stronger-than-expected US inflation data that dampened hopes for a near-term interest rate cut. The Greenback surged across the board, pushing AUD/USD to 0.6510 during the American trading session.
Fxstreet
Tue, Jul 15
USD/JPY surges closer to 149.00 as US inflation climbs, Fed rate cut bets trimmed
The USD/JPY rallies sharply over 0.86% during the North American session, trading at 148.95, approaching the 149.00 figure for the first time since April 2025. A slightly hot CPI report in the United States (US) sent US Treasury yields soaring, while traders priced out a short-term rate cut.
Fxstreet
Tue, Jul 15
