News
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Japanese Yen strengthens on hawkish BoJ Minutes, lacks follow-through
The Japanese Yen (JPY) strengthened during the Asian session on Thursday following the release of the Bank of Japan's (BoJ) July meeting Minutes, which revealed that the central bank expects to keep hiking if inflation and the economy move as estimated.
Fxstreet
Thu, Sep 25
USD/CAD holds losses below 1.3900 ahead of US Q2 GDP Annualized
USD/CAD halts its three-day winning streak, trading around 1.3890 during the Asian hours on Thursday. The pair loses ground as the US Dollar (USD) corrects downwards after registering more than 0.5% gains in the previous session.
Fxstreet
Thu, Sep 25
Australia, NZ dollars steady, market scales back RBA easing
By Wayne Cole SYDNEY, Sept 25 (Reuters) - The Australian and New Zealand dollars steadied on Thursday as a rally in their U.S. counterpart petered out and investors scaled back expectations for Aussie rate cuts in the wake of a high inflation reading.Markets had already seen scant prospect of the...Reuters
Thu, Sep 25
Australian Dollar pares recent losses due to technical correction
The Australian Dollar (AUD) advances against the US Dollar (USD) on Thursday, recovering recent losses from the previous session. The AUD/USD pair gains ground as the Greenback remains steady ahead of the US Gross Domestic Product (GDP) for the second quarter (Q2) due later in the day.
Fxstreet
Thu, Sep 25
NZD/USD extends downside to near 0.5800 as Fed’s Powell signals caution on rate cuts
The NZD/USD pair remains on the defensive around 0.5815 during the early Asian session on Thursday. Federal Reserve (Fed) Chair Jerome Powell struck a cautious tone on further easing on Tuesday, supporting the US Dollar (USD).
Fxstreet
Thu, Sep 25
FOREX-Dollar stays strong as Fed rate cut wagers wobble, data in focus
Investor focus on US GDP, inflation data Cautious Fedspeak pare some rate cut bets Yen wobbles on LDP election jitters, BOJ rate hike bets By Ankur Banerjee SINGAPORE, Sept 25 (Reuters) - The U.S. dollar was steady on Thursday, holding its overnight gains, as traders weighed the prospect of a mea...Reuters
Thu, Sep 25
AUD/USD weakens below 0.6600 on Fed Powell's cautious rate outlook
The AUD/USD pair loses ground to near 0.6585 during the early Asian session on Thursday. The cautious rate outlook of the US Federal Reserve (Fed) Chair Jerome Powell provides some support to the US Dollar (USD) against the Australian Dollar (AUD).Fxstreet
Wed, Sep 24
USD/JPY rises above 148.50 ahead of BoJ Meeting Minutes
The USD/JPY pair rises to near 148.80 during the early Asian session on Thursday. The US Dollar (USD) strengthens to near its highest in three weeks against the Japanese Yen (JPY) due to a fresh round of risk aversion across the financial markets and a cautious tone from the US central bank.Fxstreet
Wed, Sep 24
EUR/USD drops below 1.1750 as Powell’s cautious tone lifts Dollar
EUR/USD tumbles on Wednesday edges down 0.66% as the Greenback recovers following Tuesday’s Fed Chair Jerome Powell speech, in which he was cautious regarding rushing to reduce interest rates. The pair trades at 1.1738 after hitting a daily high of 1.1819.
Fxstreet
Wed, Sep 24
Argentina assets rally as Bessent details strong US support
US Treasury backs Argentina with $20 billion currency swap and bond purchases offerLocal stocks pare sharp gains to rise 1.5%; peso up 10% so far this weekAnalysts say US backing boosts Milei's political and economic positionBy Rodrigo Campos and Marc JonesNEW YORK/LONDON, Sept 24 (Reuters) - Ar...Reuters
Wed, Sep 24
FOREX-Dollar gains against peers after Powell's cautious rate outlook
Fed Chair Powell emphasizes balance between jobs and inflationEuro falls after rising for two straight sessionsNZ dollar drops after appointment of new central bank chiefYen lower as traders assess candidates for Japanese PMBy Chibuike Oguh and Canan Sevgili NEW YORK/LONDON, Sept 24 (Reuters) - ...Reuters
Wed, Sep 24
INSTANT VIEW-US support boosts Argentina stocks, bonds and peso
Sept 24 (Reuters) - Argentina's embattled bonds, stocks and peso currency gained for a third day on Wednesday after more details were shared on U.S. support for the reform push by the South American government under President Javier Milei.Below are comments from analysts on the latest developmen...Reuters
Wed, Sep 24
Russian finance ministry proposes raising VAT to help fund Ukraine war
Proposal would raise VAT to 22% from 20%Additional revenues estimated at $14.3 billionPutin signalled last week he was open to raising certain taxesTrump says Russia in 'big economic trouble' in Truth Social postBy Darya Korsunskaya and Gleb Bryanski MOSCOW, Sept 24 (Reuters) - Russia'...Reuters
Wed, Sep 24
CANADA FX DEBT-Canadian dollar hits one-month low as greenback stages broad-based recovery
Canadian dollar falls 0.4% against the greenbackTouches its weakest since August 22 at 1.3896Advance estimate shows factory sales down 1.5% in AugustBond yields rise across the curveBy Fergal Smith TORONTO, Sept 24 (Reuters) - The Canadian dollar weakened to a one-month low against its U.S. count...Reuters
Wed, Sep 24
AUD/USD slips to 0.6590 as Powell highlights dual mandate challenges
The Australian Dollar drops versus the US Dollar on Wednesday amid the lack of catalyst, following remarks by the Fed Chair Jerome Powell, who said that the Fed would continue to balance the dual mandate of the central bank. The AUD/USD trades at 0.6590, down 0.11%.Fxstreet
Wed, Sep 24
