News
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Bank of Japan aims for wage-driven inflation, aligns with government view
Underlying inflation accelerating toward 2%, BOJ's Ueda saysBOJ aims to achieve moderate inflation driven by wages, growthFinance minister says inflation yet to durably hit BOJ targetYen, bonds sold on expectation of big spending, slow rate hikeWeak yen exposes contradiction of Takaichi policy, ...Reuters
Thu, Nov 13
GBP/USD remains subdued below 1.3150 ahead of UK flash Q3 GDP data
GBP/USD remains subdued for the third successive session, trading around 1.3120 during the Asian hours on Thursday. Traders await the United Kingdom (UK) flash Gross Domestic Product (GDP) data for the third quarter due later in the day.
Fxstreet
Thu, Nov 13
Japanese Yen remains depressed amid BoJ policy doubts; seems vulnerable
The Japanese Yen (JPY) remains on the defensive during the Asian session on Thursday and reacts little to Bank of Japan (BoJ) Governor Kazuo Ueda's comments, saying that the underlying inflation is gradually accelerating toward the 2% goal.
Fxstreet
Thu, Nov 13
NZD/USD softens to near 0.5650 as US government looks to reopen
The NZD/USD pair declines to near 0.5655 during the Asian trading hours on Thursday. The US Dollar (USD) strengthens against the New Zealand Dollar (NZD) after the US House passes a bill to end the government shutdown.
Fxstreet
Thu, Nov 13
Australian Dollar rises on upbeat labor market data
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Thursday, extending its gains for the second consecutive day. The AUD/USD pair appreciates as the AUD receives support following the release of improved employment data from Australia.
Fxstreet
Thu, Nov 13
FOREX-Yen on back foot as Japan PM touts slow rate hikes, Aussie rises after jobs data
Yen near record low to euro despite more verbal interventionFall in Australian jobless rate reduces chances of rate cutsMarkets set for flood of U.S. data with shutdown nearing endBy Kevin Buckland TOKYO, Nov 13 (Reuters) - The yen wallowed near a record low versus the euro and a nine-month troug...Reuters
Thu, Nov 13
Most emerging nations can realign trade to weather US tariffs, report finds
By Libby George LONDON, Nov 13 (Reuters) - Most big emerging economies, including China, Brazil and India, can weather U.S. tariffs without excessive pain, a study by risk consultancy Verisk Maplecroft showed, raising doubt about the clout of President Donald Trump's trade tools.The firm anal...Reuters
Thu, Nov 13
FOREX-Yen on back foot as Japan PM touts slow rate hikes, Aussie steady before jobs data
By Kevin Buckland TOKYO, Nov 13 (Reuters) - The yen wallowed near a record low versus the euro and a nine-month trough to the dollar on Thursday after Japan's new premier said she wants the central bank to go slow on interest rate hikes.The Aussie dollar hovered near its strongest level since...Reuters
Wed, Nov 12
UK GDP expected to post modest growth in Q3
The UK’s Office for National Statistics (ONS) will release the advanced prints of the Q3 Gross Domestic Product (GDP) on Thursday. If the figures meet market consensus, the UK economy would have maintained its pace of expansion at 1.4% annualised, showing that momentum could have begun to stall.Fxstreet
Wed, Nov 12
US Treasurer strikes final pennies at Philadelphia Mint
Each penny costs 3.69 cents to make, Treasury saysUS Mint to announce auction of final penniesGold pennies also produced, source saysPennies remain legal tender and will stay in circulationHalting penny production to save US Mint $56 million a year, Treasury saysBy Andrea Shalal PHILADELPHIA, Nov...Reuters
Wed, Nov 12
EUR/USD steady beneath 1.16, traders await US shutdown vote, Fed clarity
The Euro consolidates for the second straight day unable to crack the 1.1600 figure as risk appetite improve due to the imminent re-opening of the US government as the House of Representatives votes on the stopgap funding bill.
Fxstreet
Wed, Nov 12
Australia unemployment rate expected to edge lower in October
Australia is scheduled to publish the October monthly employment report on Thursday at 0:30 GMT, with market participants anticipating a modest improvement in labor market conditions. Still, the expected outcome indicates persistent weakness in the sector.Fxstreet
Wed, Nov 12
FOREX-Dollar mixed as US government looks to reopen, yen at nine-month low
Yen drops amid concerns over Japanese rate policyUS government shutdown affects economic data releasesFed divided on rate cuts amid inflation concernsBy Karen Brettell NEW YORK, Nov 12 (Reuters) - The U.S. dollar dipped against the euro on Wednesday as traders evaluated what a flood of economic r...Reuters
Wed, Nov 12
CANADA FX DEBT-Canadian dollar rises to 12-day high as BoC minutes support move to the sidelines
Canadian dollar gains 0.1% against the greenbackTouches its strongest level since October 31 at 1.3991Price of oil settles 4.2% lower10-year yield eases 3.7 basis points to 3.137%By Fergal Smith TORONTO, Nov 12 (Reuters) - The Canadian dollar strengthened on Wednesday to its highest level against...Reuters
Wed, Nov 12
Chevron says Argentina costs still challenging despite reform progress
By Sheila Dang HOUSTON, Nov 12 (Reuters) - The cost of doing business in Argentina remains challenging despite promising geology and progress by the government of President Javier Milei to foster the oil economy, Chevron's Vice Chairman Mark Nelson said on Wednesday."Clearly the geology i...Reuters
Wed, Nov 12
