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USD/CAD drifts higher to near 1.3800 ahead of US ISM Services PMI
The USD/CAD pair extends the rally to around 1.3795 during the early Asian session on Thursday. The prospects of a Bank of Canada (BoC) interest rate cut this month weigh on the Canadian Dollar (CAD) against the US Dollar (USD).
Fxstreet
Wed, Sep 3
EUR/USD rebounds to 1.1660 as weak US data fuels Fed cut bets
The EUR/USD trims some of Tuesday’s losses though it remains shy of claiming the 1.1700 figure, despite broad US Dollar weakness across the board. Economic data in the US strengthened the chances that the Federal Reserve could resume its easing cycle at the September meeting.
Fxstreet
Wed, Sep 3
FOREX-Dollar falls versus yen and Swiss franc following US jobs data
US job openings fall more than expectedDollar extends losses against Swiss franc and yenEuro adds to gains, British pound risesGold hits all-time high amid bond selloffBy Chibuike Oguh NEW YORK, Sept 3 (Reuters) - The U.S. dollar fell against the yen and Swiss franc on Wednesday after economic da...Reuters
Wed, Sep 3
Forex Today: The US labour market will be in the spotlight
The US Dollar (USD) traded on the defensive, setting aside gains recorded in the previous day as investors assessed the recent sharp advance in global yields, while further cooling of the US labour market also weighed down on the Greenback.Fxstreet
Wed, Sep 3
CANADA FX DEBT-Canadian dollar sticks to narrow range as focus turns to key jobs data
Loonie weakens 0.1% against the U.S. dollarTrades in a range of 1.3779 to 1.3807Price of oil falls 2.5%Bond yields ease across the curveBy Fergal Smith TORONTO, Sept 3 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Wednesday, but the move was limited ahead of employme...Reuters
Wed, Sep 3
FOREX-Dollar drops against peers, euro gains after US jobs data
US job openings fall more than expectedDollar extends losses against Swiss franc and yenEuro adds to gains, British pound risesGold hits all-time high amid bond selloffBy Chibuike Oguh NEW YORK, Sept 3 (Reuters) - The U.S. dollar extended losses on Wednesday against major currencies, including th...Reuters
Wed, Sep 3
EUR/USD rebounds to 1.1680 as weak US data fuels Fed cut bets
The EUR/USD recovers ground following Tuesday’s losses that drove the pair below key support levels around the 50 and 20-day SMAs. A confirmation of weakness in the US labor market by JOLTS data, increased the chances of a rate cut by the Federal Reserve. The pair trades at 1.1679, up 0.37%.Fxstreet
Wed, Sep 3
GBP/USD rises to 1.3440 as strong UK data offsets US weakness
The GBP/USD advances during the North American session up by 0.39% following the release of economic data from the United States (US). Also, fears of the UK’s government being unable to meet its fiscal requirements eased on signs that the economy continued to fare well.
Fxstreet
Wed, Sep 3
BoE's Bailey says markets have grasped message on less certain rate cuts
BoE's Bailey says markets have understood his rate messageRate futures do not fully price in rate cut until April 2026BoE's Taylor say he would like to see 4-5 rate cuts a yearBoE's Lombardelli and Greene cautious about further cutsBailey says higher 30-year gilt yield has little impactB...Reuters
Wed, Sep 3
FOREX-Dollar drops against peers, euro gains after U.S. jobs data
By Chibuike Oguh NEW YORK, Sept 3 (Reuters) - The U.S. dollar extended losses against major currencies, including the yen, Swiss franc, and euro, on Wednesday after economic data showed weakening labor demand, strengthening market hopes for an upcoming Federal Reserve interest rate cut.U.S. Labor...Reuters
Wed, Sep 3
Alphaton Capital Corp Launches Ton Digital Asset Treasury Strategy For The Telegram Ecosystem
Sept 3 (Reuters) - ALPHATON CAPITAL CORP LAUNCHES TON DIGITAL ASSET TREASURY STRATEGY FOR THE TELEGRAM ECOSYSTEMALPHATON CAPITAL: ANNOUNCED FINANCING TO ACQUIRE ABOUT $100 MILLION TON TOKENSReuters
Wed, Sep 3
BoE's Bailey 'very concerned' about threats to US Fed independence
LONDON, Sept 3 (Reuters) - Bank of England Governor Andrew Bailey said on Wednesday he was "very concerned" about threats to the U.S. Federal Reserve's independence, describing it as a "very serious" issue. Bailey was appearing before parliament's Treasury Committee when h...Reuters
Wed, Sep 3
Bank of England's Bailey says US Fed situation 'very serious'
LONDON, Sept 3 (Reuters) - Any threats to the U.S. Federal Reserve's independence would be a "very serious" issue, Bank of England Governor Andrew Bailey said on Wednesday."This is a very serious situation, I am very concerned," he told a hearing of the House of Commons' Trea...Reuters
Wed, Sep 3
Sterling edges up off four-week low as traders assess impact of bond selloff
LONDON, Sept 3 (Reuters) - Sterling edged up off a four-week low on Wednesday as traders paused to assess the impact of a two-day bond market rout that has highlighted Britain's fiscal challenges as the government prepares its annual budget.Reuters
Wed, Sep 3
Fed rate cuts and doubts over independence to keep US dollar under pressure
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EUR= poll dataBy Sarupya Ganguly BENGALURU, Sept 3 (Reuters) - The U.S. dollar will weaken over coming months as market participants ponder the Federal Reserve's future independence and how many more rate cuts it may deliver,...Reuters
Wed, Sep 3
