News
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Canadian Dollar slows losses, but weakness continues
The Canadian Dollar (CAD) slowed its pace of losses against the US Dollar (USD) on Friday, but still remains firmly on the low side, testing 18-week intraday lows before battling back against the tide of Greenback pressure to cap off a week of sustained losses.
Fxstreet
Fri, Sep 26
CANADA FX DEBT-Canadian dollar posts largest weekly decline since February against resurgent US counterpart
Loonie hits a four-month low at 1.3858For the week, the currency was down 1.1%Canadian GDP rises 0.2% in July10-year yield touches a two-week highBy Fergal Smith TORONTO, Sept 26 (Reuters) - The Canadian dollar steadied against its U.S. counterpart on Friday as domestic data showed the economy gr...Reuters
Fri, Sep 26
AUD/USD lifts from three-week lows amid US Dollar softness, RBA in focus
The Australian Dollar (AUD) gains ground on Friday as the US Dollar (USD) loses momentum after Personal Consumption Expenditures (PCE) inflation figures came broadly in line with forecasts, while weaker consumer sentiment and renewed tariff worries dampened demand for the Greenback.
Fxstreet
Fri, Sep 26
BREAKINGVIEWS-Stablecoins face a choice: fraud, or friends
By Stephen GandelNEW YORK, Sept 26 (Reuters Breakingviews) - Cryptocurrency peddlers have long had friends in low places. Taking digital currency mainstream might mean ditching them. Take Circle Internet Group CRCL.N, the issuer of USDC, a dollar-pegged token known as a stablecoin. It’s mulling a pl...Reuters
Fri, Sep 26
FOREX-Dollar set for second straight week of gains after data shows US economic resilience
US consumer spending rises in AugustPCE index rises in line with expectations Euro on track to snap three straight week of gainsDollar-yen on course for fifth consecutive week of gainsBy Chibuike Oguh NEW YORK, Sept 26 (Reuters) - The dollar edged lower but was still on track for its second strai...Reuters
Fri, Sep 26
ANALYSIS -With US backing, Argentina gains time - but October vote will be crucial
Milei party's provincial vote underperformance roiled marketsCentral bank burnt through more than $1 bln to shore up pesoU.S. intervention spurred massive rally in stocks, bonds, peso All eyes on October 26 election, FX measures afterwards By Libby George LONDON, Sept 26 (Reuters) - Argentina...Reuters
Fri, Sep 26
USD/JPY: Any advance is likely part of a higher range of 149.20/150.15 – UOB Group
Further US Dollar (USD) strength is not ruled out, but any advance is likely part of a higher range of 149.20/150.15. In the longer run, USD could rise further to 150.15, with lesser odds of reaching 150.90, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Sep 26
FOREX-Dollar set for second straight week of gains after data shows US economic resilience
US consumer spending rises in AugustPCE index rises in line with expectations Euro on track to snap three straight week of gainsDollar-yen on course for fifth consecutive week of gainsBy Chibuike Oguh NEW YORK, Sept 26 (Reuters) - The dollar edged lower but was still on track for the second strai...Reuters
Fri, Sep 26
NZD/USD: Small chance of breaking below the next support at 0.5730 – UOB Group
New Zealand Dollar (NZD) could decline further, but it remains to be seen if it can break below the next support at 0.5730. In the longer run, the outlook for NZD remains negative; the next level to watch is 0.5730, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Sep 26
GBP/USD edges higher as US Dollar eases after PCE and UoM sentiment data
The British Pound (GBP) gains traction against the US Dollar (USD) on Friday, with GBP/USD snapping a two-day losing streak. At the time of writing, the pair is hovering near 1.3393, staging a modest recovery after dropping to its weakest level in about seven weeks on Thursday.
Fxstreet
Fri, Sep 26
Canada's GDP rebounds in July after three months of contraction
July GDP grows by 0.2% led by goods-producing industriesAugust GDP likely to be flat but avoid a contractionGDP figures signals Canada might avoid a recessionBiggest drivers of July growth were mining, manufacturingBy Promit Mukherjee OTTAWA, Sept 26 (Reuters) - Canada's monthly gross domesti...Reuters
Fri, Sep 26
EUR/USD edges higher as traders digest in-line US PCE inflation data
The Euro (EUR) edges modestly higher against the US Dollar (USD) on Friday, extending its intraday advance as investors weigh the latest US Personal Consumption Expenditures (PCE) inflation report, which came mostly in line with forecasts and offered little fresh impetus.
Fxstreet
Fri, Sep 26
Brazil posts narrower current account deficit in August
SAO PAULO, Sept 26 (Reuters) - Brazil posted a smaller-than-expected current account deficit in August, but foreign direct investment remained insufficient to fully offset the 12-month shortfall as a share of gross domestic product, central bank data showed on Friday.Latin America's largest econ...Reuters
Fri, Sep 26
Brazil posts smaller-than-expected current account deficit in August
SAO PAULO, Sept 26 (Reuters) - Brazil posted a current account deficit of $4.669 billion in August, central bank figures showed on Friday, while economists in a Reuters poll expected a shortfall of $5.5 billion.Foreign direct investment (FDI) in the month hit $7.989 billion, exceeding the $6.15 bill...Reuters
Fri, Sep 26
