News
Important Only
FOREX-Dollar up as US producer prices surge in July
US producer prices accelerate in July Dollar rises across the boardTraders stick to bets for September interest rate cut by FedYen sees brief lift from Bessent comment BOJ needs to raise rates again soonBitcoin eases after hitting fresh highBy Saqib Iqbal Ahmed NEW YORK, Aug 14 (Reuters) - Th...Reuters
Thu, Aug 14
Canadian Dollar backslides on newfound US Dollar strength
The Canadian Dollar (CAD) took a step lower on Thursday, driven down by a broad-market upswing in the US Dollar (USD). United States (US) Producer Price Index (PPI) inflation for July was the key driving headline, trimming bets of when the Federal Reserve’s (Fed) next rate-cutting cycle would begin.
Fxstreet
Thu, Aug 14
USD/JPY rebounds from three-week low as strong US PPI, labor data lift US Dollar
The Japanese Yen (JPY) loses ground against the US Dollar (USD) on Thursday, snapping a two-day winning streak after stronger-than-expected US Producer Price Index (PPI) and steady Weekly Jobless Claims data lifted the Greenback.
Fxstreet
Thu, Aug 14
White House's Navarro says pharma tariffs likely under Section 232 probe
WASHINGTON, Aug 14 (Reuters) - White House trade adviser Peter Navarro said on Thursday that the Trump administration is likely to levy tariffs on pharmaceutical imports under a "Section 232" trade investigation because it's "very clear that we have a national security crisis" du...Reuters
Thu, Aug 14
FOREX-Dollar higher as U.S. producer prices surge in July
US producer prices accelerate in July Dollar rises across the boardTraders stick to bets for September interest rate cut by FedYen sees brief lift from Bessent comment BOJ needs to raise rates again soonBitcoin eases after hitting fresh highBy Saqib Iqbal Ahmed NEW YORK, Aug 14 (Reuters) - The U....Reuters
Thu, Aug 14
Cinema operator Reading International's Q2 revenue up on strong box office performances
OverviewReading International Q2 revenue grows 29%, beating analyst expectationsEPS and net income missed estimates despite revenue growthCinema revenue up 32% driven by strong box office performancesOutlookCompany anticipates strong cinema performance with upcoming releases like TRON: AresReading I...Reuters
Thu, Aug 14
FOREX-Dollar steady near multi-week lows as Fed rate-cut bets build, yen rises
Traders tip small chance of super-sized 50 bps Fed cut next monthBessent urges rapid Fed cuts, early BOJ hike, buoying yen vs dollarBitcoin powered by improved risk sentiment, favourable regulatory changesAussie dollar rises to multi-week high on upbeat jobs dataBy Kevin Buckland and Lucy Raitano ...Reuters
Thu, Aug 14
EUR/GBP stabilises above 0.8600 after UK GDP beats forecasts, Eurozone data falters
The EUR/GBP cross hovers near 0.8605 on Thursday, stabilising after touching an intraday trough of 0.8596 — its weakest level since June 2 — as in-line Eurozone Gross Domestic Product (GDP) data lends the Euro (EUR) modest support above the 0.8600 psychological floor, trimming losses from an earlier
Fxstreet
Thu, Aug 14
USD/JPY: Any further decline is unlikely to reach 145.80 – UOB Group
US Dollar (USD) could drop below last week’s low of 146.60; any further decline is unlikely to reach 145.80. In the longer, USD view is negative, but it is uncertain for now whether it has enough momentum to reach 145.80, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Aug 14
NZD/USD: May not be able to break clearly above 0.6000 – UOB Group
New Zealand Dollar (NZD) could rise further, but it may not be able to break clearly above 0.6000. In the longer run, momentum continues to suggest a higher NZD; it must first close above 0.6000 before further advances are likely, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Aug 14
USD/JPY slumps to near 146.50 as US Bessent anticipates BoJ interest rate hikes
The USD/JPY pair falls sharply to near 146.50 on Thursday. The pair faces a sharp selling pressure as the Japanese Yen (JPY) outperforms its peers, following comments from United States (US) Treasury Secretary Scott Bessent that the Bank of Japan (BoJ) would raise interest rates.Fxstreet
Thu, Aug 14
CEE MARKETS-Zloty eases as investors position ahead of long weekend
WARSAW, Aug 14 (Reuters) - The Polish zloty eased on Thursday as investors positioned before the long weekend in Poland ahead of key U.S. data and Friday's meeting in Alaska between U.S. President Donald Trump and Russian President Vladimir Putin. Traders increased Fed rate cut bets on Thursday,...Reuters
Thu, Aug 14
AUD/USD: Might test the 0.6570 level before the risk of a pullback increases – UOB Group
Conditions are approaching overbought, but Australian Dollar (AUD) could test the 0.6570 level before the risk of a pullback increases. In the longer run, there has been a tentative buildup in momentum; AUD could rise to 0.6575, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Aug 14
Applied Industrial Q4 sales up 5.5%, beat estimates
OverviewApplied Industrial fiscal Q4 sales rise 5.5% yr/yr, beating analyst expectationsNet income for fiscal Q4 beats analyst estimates, per LSEG dataCo issues fiscal 2026 guidance, projecting sales growth of 4% to 7%OutlookApplied Industrial sees fiscal 2026 EPS of $10.00 to $10.75Company expects ...Reuters
Thu, Aug 14
