News
Important Only
EUR/USD Price Forecast: Eyes 1.1900 support near ascending channel’s lower boundary
EUR/USD inches lower after registering around 0.5% gains in the previous session, trading around 1.1910 during the Asian hours on Monday. On the daily chart, technical analysis indicates a strengthening of a bullish bias, as the pair continues to trade within an ascending channel pattern.
Fxstreet
Mon, Aug 18
EUR/JPY Price Forecast: Positive view prevails above 172.50 amid risk-on sentiment
The EUR/JPY cross attracts some buyers to around 172.60 during the Asian trading hours on Monday. The uncertainty over the likely timing of the next interest rate hike by the Bank of Japan (BoJ) and risk-on sentiment weigh on the Japanese Yen (JPY) and act as a tailwind for the cross.
Fxstreet
Mon, Aug 18
Japanese Yen drifts lower amid reduced safe-haven demand, BoJ rate hike uncertainty
The Japanese Yen (JPY) kicks off the new week on a weaker note amid a combination of factors, which, along with a modest US Dollar (USD) uptick, lifts the USD/JPY pair to mid-147.00s during the Asian session.
Fxstreet
Mon, Aug 18
Australian Dollar rises as upbeat jobs data support momentum, Fed dovish tone
The Australian Dollar (AUD) extends its gains for the second consecutive session on Monday. The AUD/USD pair holds gains as the US Dollar (USD) could face challenges amid the prevailing dovish tone surrounding the US Federal Reserve’s (Fed) policy outlook for September.
Fxstreet
Mon, Aug 18
Australia, NZ dollars edge ahead, ponder RBNZ policy risks
By Wayne Cole SYDNEY, Aug 18 (Reuters) - The Australian and New Zealand dollars inched higher in range-bound trade on Monday with markets already fully priced for a cut in kiwi interest rates this week, but less sure about the prospect of yet more easing afterward.Swaps imply a near 100% chance t...Reuters
Mon, Aug 18
GBP/USD weakens to near 1.3550 on modest US Dollar strength
The GBP/USD pair loses ground to near 1.3555 during the early Asian session on Monday, pressured by a firmer US Dollar (USD). Markets turn cautious ahead of a meeting between US President Donald Trump and Ukrainian President Volodymyr Zelenskiy later on Monday.
Fxstreet
Mon, Aug 18
FOREX-Dollar braces for busy week of geopolitics and Fed speak
Investors still eyeing September Fed cutZelenskiy flies to Washington on Monday to meet TrumpFocus on Fed's Jackson Hole symposium for rate cluesBy Rae Wee SINGAPORE, Aug 18 (Reuters) - The dollar dithered on Monday ahead of a key meeting between U.S. President Donald Trump and his Ukrainian ...Reuters
Mon, Aug 18
Japan says US is not pressuring BOJ for rate hikes, markets not so sure
TOKYO, Aug 15 (Reuters) - Japan's government on Friday brushed aside rare and explicit comments from U.S. Treasury Secretary Scott Bessent who said the Bank of Japan was "behind the curve" on policy, which appeared to be aimed at pressuring the country's central bank into raising interest rates.Reuters
Mon, Aug 18
AUD/USD gathers strength above 0.6500 as Fed rate cut bets remain intact
The AUD/USD pair gains ground around 0.6510 during the early Asian session on Monday. The US Dollar (USD) remains weak against the Australian Dollar (AUD) as US economic data keep the case for a September Federal Reserve (Fed) interest rate cut intact.Fxstreet
Sun, Aug 17
Grayscale Dogecoin Trust Files Registration Statement
Aug 15 (Reuters) - GRAYSCALE DOGECOIN TRUST (DOGE) - FILES REGISTRATION STATEMENT - SEC FILINGGRAYSCALE DOGECOIN TRUST (DOGE) - SHARES TO BE LISTED ON NYSE ARCA UNDER SYMBOL "GDOG" - SEC FILINGGRAYSCALE DOGECOIN TRUST (DOGE) - SPONSOR INTENDS TO RENAME THE TRUST AS GRAYSCALE DOGECOIN TRUST E...Reuters
Fri, Aug 15
Brazil is open for business, Lula says at Chinese factory opening
SAO PAULO, Aug 15 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Friday that foreign companies that want to do business in Brazil are welcome, speaking at the opening ceremony for a factory for Chinese automaker GWM 601633.SS in the state of Sao Paulo."Count on the Brazilian g...Reuters
Fri, Aug 15
AM Best stays negative on Brazil reinsurance amid volatile profitability and tax reforms
By Keira WingateAug 15 - (The Insurer) - AM Best's outlook on Brazil's reinsurance market remains negative due to new tax reform measures, political uncertainty, regulatory restrictions and weather-related events. "Brazil's reinsurance market continues to recover, but a favorable tre...Reuters
Fri, Aug 15
Foreign holdings of US Treasuries climb to record $9.13 trillion in June
Japan remains largest non-U.S. holder of TreasuriesUS equities experience huge foreign inflows in JuneUS net capital inflows see big 75% drop in JuneBy Gertrude Chavez-DreyfussNEW YORK, Aug 15 (Reuters) - Foreign holdings of U.S. Treasuries rose to record levels in June, topping $9 trillion for a fo...Reuters
Fri, Aug 15
