News
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Japan PM hopefuls prepare leadership bids, markets recoil
PM Ishiba resigned after bruising election lossesEx-foreign minister Motegi first to announce bidFinancial markets recoil on political uncertaintyFiscal dove Takaichi seen among frontrunnersLDP leadership vote likely on October 4, source saysBy Kaori Kaneko and Rocky Swift TOKYO, Sept 8 (Reuters)...Reuters
Mon, Sep 8
NZD/USD rallies beyond 0.5900 on Dollar weakness, strong China's trade
The New Zealand Dollar has opened the week on a strong note, fuelled by US Dollar weakness, as investors brace for a Federal Reserve rate cut next week, and strong trade balance figures from China, New Zealand’s main trading partner.The pair is trading higher for the second consecutive day, reaching
Fxstreet
Mon, Sep 8
USD/CAD extends the rally above 1.3800 as odds of BoC rate cut rise
The USD/CAD pair extends its upside to near 1.3830 during the early European trading hours on Monday. A weaker Canadian job report undermines the Canadian Dollar (CAD) against the US Dollar (USD). The US Producer Price Index (PPI) for August will be the highlight later on Wednesday.
Fxstreet
Mon, Sep 8
WRAPUP 3-China's August export growth slowest in 6 months as US tariff risks mount
Exports rise 4.4% y/y, slowest pace since Feb; miss f'castImports up 1.3%, also below forecastInvestors worry about absence of durable trade deal with U.S.Exports to other markets rise, reduces need to rush fiscal stimulus, analysts sayBy Joe Cash BEIJING, Sept 8 (Reuters) - China's expor...Reuters
Mon, Sep 8
CORRECTED-WRAPUP 2-China's August exports growth slowest in 6 months, missing forecasts
Exports rise 4.4% y/y, slowest pace since Feb; miss f'castImports up 1.3%, also below forecastData likely to keep alive calls for further stimulusBEIJING, Sept 8 (Reuters) - China's exports growth slowed to a six-month low in August, as a brief boost from a tariff truce with the U.S. faded, ...Reuters
Mon, Sep 8
RPT-Dubai looks to capitalise on weak dirham to lure British home buyers
Dollar-pegged dirham down about 8% to the pound since JanCurrency move discounts property for UK buyersTrump's tariffs have weighed on the dollar UK investment in Dubai homes jumped 62% in Q2 of 2025By Luke Tyson, Hadeel Al Sayegh and Iain Withers DUBAI/LONDON Sept 7 (Reuters) - Emirati real-...Reuters
Mon, Sep 8
EUR/GBP steadies near 0.8700 due to political uncertainty in France
EUR/GBP holds ground for the second successive session, trading around 0.8680 during the Asian hours on Monday. The currency cross maintains its position as the Euro (EUR) steadies, driven by market caution amid political uncertainty in France.
Fxstreet
Mon, Sep 8
FOREX-Yen slides after Japan PM Ishiba resigns, dollar wobbles
Yen slumps on heightened political uncertainty in JapanIshiba's resignation clouds BOJ outlookFrench politics also in focusInvestors pricing in slight chance of outsized September Fed cutBy Rae Wee SINGAPORE, Sept 8 (Reuters) - The yen fell sharply on Monday following the resignation of Japan...Reuters
Mon, Sep 8
EUR/USD Price Forecast: Consolidates around 1.1700 ahead of French confidence vote
The EUR/USD pair trades in a tight range around 1.1710 during the late Asian trading session on Monday. The major currency pair consolidates as investors await French confidence vote, which is scheduled during European trading hours.
Fxstreet
Mon, Sep 8
EUR/JPY gathers strength above 173.50 on heightened political uncertainty in Japan
The EUR/JPY cross rises to near 173.55 during the early European trading hours on Monday. The Japanese Yen (JPY) weakens against the Euro (EUR) following news that Japanese Prime Minister Shigeru Ishiba had resigned.
Fxstreet
Mon, Sep 8
NZD/USD remains stronger around 0.5900 as China’s Trade Surplus expands in August
NZD/USD holds ground around 0.5900 during the Asian hours on Monday, following China’s Trade Balance data, which rose to CNY 732.7 billion in August, up from CNY 705.18 billion previously. Exports rose 4.8% year-over-year in August, against 8% in July.Fxstreet
Mon, Sep 8
CFTC Positioning Report: Bullish bets on JPY continue to shrink
The Commodity Futures Trading Commission (CFTC) data for the week ending September 2 indicate that FX markets remained attentive to the Federal Reserve’s evolving outlook, particularly regarding its upcoming rate decisions and the question of who will succeed Chief Powell.
Fxstreet
Mon, Sep 8
Are we done already? Five questions for markets ahead of ECB
ECB set to hold rates steady for another monthDoor still open for another cut but bar is highFrench politics, central bank independence also in focusBy Yoruk Bahceli and Stefano Rebaudo LONDON/MILAN Sept 8 (Reuters) - The European Central Bank is set to hold interest rates steady for a second str...Reuters
Mon, Sep 8
