News
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CANADA FX DEBT-Canadian dollar hits a two-week high against downtrodden U.S. counterpart
Canadian dollar gains 0.2% against the greenbackTouches its strongest since September 1 at 1.3735Annual rate of inflation increases to 1.9%Bond yields ease across the curveBy Fergal Smith TORONTO, Sept 16 (Reuters) - The Canadian dollar strengthened to a two-week high against its U.S. counterpart...Reuters
Tue, Sep 16
CORRECTED-FOREX-Dollar sinks to four-year low vs euro ahead of Fed rate decision
Dollar slips 0.8% vs euro, weakest since September 2021Focus on Fed rate decision on WednesdayBoE announces rate decision on Thursday, Bank of Japan on FridayBy Saqib Iqbal Ahmed NEW YORK, Sept 16 (Reuters) - The dollar fell across the board on Tuesday, sinking to four-year low against the euro, ...Reuters
Tue, Sep 16
GBP/USD jumps past 1.3640 as US Dollar hits 10-week low ahead of Fed
The Pound Sterling (GBP) advances over 0.30% as the Greenback drops to a ten-week low, according to the US Dollar Index (DXY). The two-day meeting by the Federal Open Market Committee (FOMC) begins on Tuesday, at which the Fed is expected to reduce interest rates.
Fxstreet
Tue, Sep 16
USD/JPY sinks to one-week low ahead of Fed interest rate decision, BoJ in focus
The Japanese Yen (JPY) is extending its advance against the US Dollar (USD) on Tuesday, with the USD/JPY pair falling for a second consecutive day. At the time of writing, USD/JPY is trading around 146.56, down nearly 0.55% on the day and marking its lowest level since September 9.
Fxstreet
Tue, Sep 16
VivoPower To Procure XRP At Up To 65% Discount By Exchanging Mined Tokens From Expanded Digital Asset Mining Fleet
Sept 16 (Reuters) - VivoPower International PLC VVPR.O:VIVOPOWER TO PROCURE XRP AT UP TO 65% DISCOUNT BY EXCHANGING MINED TOKENS FROM EXPANDED DIGITAL ASSET MINING FLEETReuters
Tue, Sep 16
U.S. Stocks Thrive on a Weak Dollar: Deutsche Bank Highlights Dollar-Hedged ETFs
TradingKey - After U.S. tariffs sparked a wave of “de-dollarization,” the dollar has remained weak while U.S. stocks continue to hit record highs — a divergence that has drawn attention. On Tuesday, amid expectations of Fed policy easing, the U.S. Dollar Index (DXY) fell below 97 for the first time
Cleancore Acquires Additional 100 Million DOGE, Expanding Digital Asset Treasury To Over 600 Million DOGE
Sept 16 (Reuters) - CleanCore Solutions Inc ZONE.A:CLEANCORE ACQUIRES ADDITIONAL 100 MILLION DOGE, EXPANDING DIGITAL ASSET TREASURY TO OVER 600 MILLION DOGECLEANCORE SOLUTIONS INC - TREASURY AIMS TO BUY 1 BILLION DOGE IN 30 DAYSCLEANCORE SOLUTIONS INC - CLEANCORP AIMS TO BUY 5% OF DOGECOIN'S CIR...Reuters
Tue, Sep 16
FOREX-Dollar falls to multi-month lows ahead of Fed rate decision
Dollar falls to 2-month low vs euro, sterling; 10-month low vs AussieFocus on Fed rate decision on WednesdayBoE announces rate decision on Thursday, Bank of Japan on FridayBy Joice Alves LONDON, Sept 16 (Reuters) - The dollar slid to a more than two-month low against sterling and the euro and a 1...Reuters
Tue, Sep 16
US Treasury Secretary Bessent praises Bullard in search for Fed chief
WASHINGTON, Sept 16 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Tuesday he had a good session with former Fed official James Bullard as part of his search for a new Fed chairman."Mr. Bullard and I had a very good approximately two-hour session. He has incredible experience from the...Reuters
Tue, Sep 16
Sterling rises against dollar on Fed-BoE policy divergence
By Canan Sevgili LONDON, Sept 16 (Reuters) - Sterling gained against the dollar on Tuesday, after weaker British jobs data did not shake investors' belief that the Bank of England would keep rates steady, while the U.S. currency was under more pressure from a likely Federal Reserve rate cut.S...Reuters
Tue, Sep 16
RPT-COLUMN-Euro credit convergence erasing core-periphery divide: Mike Dolan
By Mike Dolan LONDON, Sept 16 (Reuters) - While France's credit rating downgrade on Friday generated politically charged headlines, the bigger surprise was Spain's upgrade which got far less attention. An even bigger story is euro credit convergence and the disappearance of the long-stand...Reuters
Tue, Sep 16
USD/CAD languishes below 1.3780 ahead of Canadian and US data releases
The US Dollar extends losses on Tuesday after a nearly 0.5% decline on Monday. Bears are focusing on 10-day lows, at 1.3760, with upside attempts capped below 1.3780 as the market awaits Canadian CPI and US Retail sales to frame interest rate decisions later this week.
Fxstreet
Tue, Sep 16
USD/JPY: Likely to trade in a range between 147.00 and 147.60 – UOB Group
US Dollar (USD) is likely to trade in a range between 147.00 and 147.60. In the longer run, a narrower range of 146.20/148.50 is likely enough to contain the price movements for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Sep 16
INDIA RUPEE-Rupee firms as dollar remains on defensive ahead of expected Fed cut
By Jaspreet Kalra MUMBAI, Sept 16 (Reuters) - The Indian rupee closed stronger on Tuesday, hitting a one-week peak, as expectations of a U.S. Federal Reserve rate cut kept the dollar weak against most currencies.The rupee INR=IN closed at 88.0525 per dollar, up 0.18% on the day after touching 88....Reuters
Tue, Sep 16
NZD/USD might break above 0.5990 – UOB Group
Firmer underlying tone is likely to lead to New Zealand Dollar (NZD) trading in a higher range of 0.5955/0.5980. In the longer run, NZD could break above 0.5990; the scope for further advance may be limited, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Sep 16
