News
Important Only
Canadian Dollar gains ground on Thursday as Greenback weakens
The Canadian Dollar (CAD) found room on the high side on Thursday, rising into its highest bids in over a week against the US Dollar (USD) as global markets push away from the Greenback, giving counter-currencies a leg up across the board.
Fxstreet
Thu, Jun 26
FOREX-Dollar drops to lowest since 2021 against euro, sterling
Traders raise bets on more rate cuts this yearTrump may announce Powell replacement in coming monthsBy Karen Brettell NEW YORK, June 26 (Reuters) - The dollar hit a three-and-a-half-year low against the euro and sterling on Thursday in a broad selloff as traders priced in the likelihood that the ...Reuters
Thu, Jun 26
Bank of Mexico lowers key interest rate to 8.0%
June 26 (Reuters) - The Bank of Mexico lowered its benchmark rate by 50 basis points on Thursday, bringing the rate to 8.0% even as inflation remains above the bank's target range. The decision by the central bank's five-member governing board was not unanimous.Reuters
Thu, Jun 26
Banxico cuts rates by 50 basis points to 8% as expected
On Thursday, Banco de Mexico decided to reduce interest rates by 50 basis points, leaving the main interest rate near 8%. The decision was not unanimous, as the Deputy Governor, Jonathan Heath, voted to hold rates unchanged at 8.50%.
Fxstreet
Thu, Jun 26
CANADA FX DEBT-Canadian dollar notches biggest gain in one month as greenback slides
Canadian dollar gains 0.7% against the greenbackTouches its strongest since June 17 at 1.3619Price of oil settles 0.5% higherBond yields ease across the curveBy Fergal Smith TORONTO, June 26 (Reuters) - The Canadian dollar strengthened to a nine-day high against its U.S. counterpart on Thursday a...Reuters
Thu, Jun 26
GBP/JPY holds near YTD highs as Bailey flags sticky inflation, BoJ remains cautious
The British Pound (GBP) strengthens modestly against the Japanese Yen (JPY) on Thursday, with the GBP/JPY pair trading near year-to-date highs. While gains are limited, the cross remains underpinned by a broadly bullish technical setup, keeping the uptrend intact.
Fxstreet
Thu, Jun 26
USD/CAD slides as Trump’s criticism of Fed Chair Powell weighs on US Dollar
The Canadian Dollar (CAD) ticks higher against the US Dollar (USD) on Thursday, buoyed by broad-based Greenback weakness following fresh criticism of Federal Reserve (Fed) Chair Jerome Powell by the US President Donald Trump.Fxstreet
Thu, Jun 26
EUR/USD hits four-year high as Trump slams Powell, US data disappoints
The Euro (EUR) extends its winning streak against the US Dollar (USD) for a sixth consecutive day on Thursday, with EUR/USD soaring past the 1.1700 handle for the first time since September 2021, marking a nearly four-year high.
Fxstreet
Thu, Jun 26
GBP/USD hits near 4-year high as Trump eyes Powell successor, Dollar sinks
The Pound Sterling advances to near four-year highs against the US Dollar on Thursday, as breaking news revealed by the Wall Street Journal (WSJ) suggests that US President Donald Trump might name Jerome Powell's successor to the Federal Reserve Chair in October and September.
Fxstreet
Thu, Jun 26
Russian rouble weakens against US dollar amid slow trading
MOSCOW, June 26 (Reuters) - The Russian rouble weakened against the U.S. dollar and China's yuan on Thursday amid low trading volumes with analysts saying that sluggish imports, the key factor behind the rouble's strength, were still in place. By 1415 GMT, the rouble RUB= traded 0.5% we...Reuters
Thu, Jun 26
FOREX-Dollar drops to lowest since 2021 against euro, sterling
Dollar lowest since 2021 against euro, sterlingTraders raise bets on more rate cuts this yearTrump may announce Powell replacement in coming monthsBy Karen Brettell NEW YORK, June 26 (Reuters) - The dollar hit a three-and-a-half-year low against the euro and sterling on Thursday in a broad sellof...Reuters
Thu, Jun 26
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.4% higher at C$1.3669 to the greenback, or 73.16 U.S. cents, after trading in a range of 1.3672 to 1.3728.Canadian government 10-year bond yields CA10...Reuters
Thu, Jun 26
IDB approves $1 billion program for loans to cities and regions across Latam and Caribbean
June 26 (Reuters) - The Inter-American Development Bank said on Thursday it approved an initiative to extend up to $1 billion in loans over five years to governments of cities and regions in Latin America and the Caribbean."It will provide local governments with direct access to financing for in...Reuters
Thu, Jun 26
Brazil's central bank sees inflation near target by end-2027
By Marcela Ayres BRASILIA, June 26 (Reuters) - Brazil's central bank projected on Thursday that inflation will hover near the official goal by the end of 2027, as it trimmed its estimates for this year and next in its quarterly monetary policy report.After projecting earlier this month annual...Reuters
Thu, Jun 26
