News
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Australia, NZ dollars head for weekly losses; kiwi out of favour
Aussie down 0.9% for the week, kiwi off 1.6%Dollar makes broad-based gains, all eyes on US PCE dataAussie gains 0.8% on kiwi in week to hover around three-year top By Stella Qiu SYDNEY, Sept 26 (Reuters) - The Australian and New Zealand dollars were headed for a second week of losses as the green...Reuters
Fri, Sep 26
Silver Price Forecast: XAG/USD retreats from 14-year highs to below $45.00
Silver price (XAG/USD) attracts some sellers to near $44.80 after reaching its highest in over 14 years during the Asian trading hours on Friday. Traders await the release of the US August Personal Consumption Expenditures (PCE) Price Index data later on Friday for fresh impetus.
Fxstreet
Fri, Sep 26
FOREX-Dollar holds gains as attention turns to spending data for Fed clues
Market reduces bets for Fed rate cutsUS consumer spending data release awaited for Fed stimulus signalsTokyo's core inflation fuels expectations of BOJ rate hikeBy Rocky Swift TOKYO, Sept 26 (Reuters) - The dollar held on to steep gains on Friday after better-than-forecast U.S. data dampened ...Reuters
Fri, Sep 26
Australian Dollar moves little following previous losses of more than half a percent
The Australian Dollar (AUD) holds ground against the US Dollar (USD) on Friday after two days of losses. The AUD/USD pair depreciated as the Greenback received support from the stronger-than-expected economic data from the United States (US).
Fxstreet
Fri, Sep 26
NZD/USD extends the decline to near 0.5750 ahead of US PCE inflation release
The NZD/USD pair attracts some sellers to around 0.5760 during the early Asian session on Friday. The stronger-than-expected US economic data provide some support to the Greenback against the New Zealand Dollar (NZD).
Fxstreet
Fri, Sep 26
EUR/USD dives as strong US data fuels Dollar rally
EUR/USD tumbled sharply below 1.1700 on Thursday, extending its losses below two technical support levels, which opens the door for further downside. Strong jobs market data from the United States (US) pushed the Euro lower. At the time of writing, the pair trades at 1.1667 down 0.60%.
Fxstreet
Thu, Sep 25
RPT-ANALYSIS-Korea's wobbles over US trade talks awaken the won bears
Korean won breaks 1,400 to dollar amid trade talk uncertaintiesLee Jae Myung calls for FX swap line with Federal ReserveDeadlock over $350 billion investment fund structure with U.SBy Cynthia Kim, Yena Park and Jihoon Lee SEOUL, Sept 25 (Reuters) - South Korea's trade talks with the Trump adm...Reuters
Thu, Sep 25
REFILE-Big banks win dismissal of Libor-rigging litigation in New York
By Jonathan Stempel NEW YORK, Sept 25 (Reuters) - A federal judge on Thursday dismissed "all remaining claims" in a slew of antitrust litigation accusing large banks of conspiring to rig Libor, an interest rate benchmark that once underpinned hundreds of trillions of dollars of transactio...Reuters
Thu, Sep 25
Mexico's central bank cuts interest rate despite core inflation concerns
By Brendan O'Boyle and Emily GreenMEXICO CITY, Sept 25 (Reuters) - The Bank of Mexico cut its benchmark interest rate to its lowest level since May 2022 on Thursday and indicated it would consider further easing at future meetings, amid ongoing concerns about global trade tensions and sluggish e...Reuters
Thu, Sep 25
FOREX-Dollar rises against peers after US economic data
US GDP data stronger than expectedDollar index rises to two-week highEuro drops to two-week low against dollarSwiss franc falls after SNB leaves rates unchangedBy Chibuike Oguh NEW YORK, Sept 25 (Reuters) - The dollar strengthened against major peers including the euro and yen on Thursday followi...Reuters
Thu, Sep 25
Bank of Mexico lowers benchmark interest rate to 7.50%
MEXICO CITY, Sept 25 (Reuters) - The Bank of Mexico lowered its benchmark interest rate by 25 basis points on Thursday, bringing the rate to 7.50%.The decision by the central bank's five-member governing board was not unanimous, the bank said in a statement announcing the rate decision, with dep...Reuters
Thu, Sep 25
Banxico cuts rates 25 bps to 7.50% as expected, further easing eyed
The Bank of Mexico reduced its main reference rates by 25 basis points as expected, to 7.50% with not an unanimous decision, with a 4 to 1 vote split, with Deputy Governor Jonathan Heath, once against voting to hold rates unchanged. developing story, more to come ...
Fxstreet
Thu, Sep 25
CANADA FX DEBT-Canadian dollar hits a four-month low as US data lifts the greenback
Canadian dollar falls 0.3% against the greenbackTouches its weakest since May 20 at 1.3943U.S. dollar rises against a basket of major currenciesCanadian 10-year yield touches a two-week highBy Fergal Smith TORONTO, Sept 25 (Reuters) - The Canadian dollar weakened to a four-month low against its U...Reuters
Thu, Sep 25
Kucoin Appeals Fintrac Decision,Reaffirms Commitment To Compliance
Sept 25 (Reuters) - KUCOIN KUCOIN:APPEALS FINTRAC DECISION, REAFFIRMS COMMITMENT TO COMPLIANCEKUCOIN: MAINTAINS THAT IT SHOULD NOT BE CLASSIFIED AS FOREIGN MONEY SERVICES BUSINESS UNDER CANADIAN LAW, CONSIDERS FINE TO BE EXCESSIVE AND PUNITIVEReuters
Thu, Sep 25
Global debt hits record of nearly $338 trillion, says IIF
Global debt hit record high of $337.7 trillion at end of Q2China, France, US, Germany, UK and Japan record largest increases in debt levels in USD terms - IIFEM debt increases by $3.4 trillionBy Canan Sevgili LONDON, Sept 25 (Reuters) - Global debt hit a record high of $337.7 trillion at the end ...Reuters
Thu, Sep 25
REFILE-FOREX-Dollar gains against peers after US economic data
US GDP data stronger than expectedDollar index rises to two-week highEuro drops to two-week low against dollarSwiss franc falls after SNB leaves rates unchangedBy Chibuike Oguh NEW YORK, Sept 25 (Reuters) - The dollar gained against peers including the euro and yen on Thursday on news that the U....Reuters
Thu, Sep 25
