News
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GBP/USD holds steady above 1.3550 as investors await UK GDP, US PPI releases
The GBP/USD pair trades on a flat note around 1.3575 during the Asian trading hours on Thursday. Traders prefer to wait on the sidelines ahead of the key data from both the United Kingdom (UK) and the United States (US).
Fxstreet
Thu, Aug 14
EUR/USD steadies around 1.1700 ahead of Q2 Eurozone GDP, US PPI data
EUR/USD moves little after two days of losses as the US Dollar (USD) experiences a technical recovery, trading around 1.1700 during the Asian hours on Thursday. Traders await Eurozone Gross Domestic Product (GDP) data for the second quarter due later in the day.
Fxstreet
Thu, Aug 14
India Morning Newsletter, August 14
(India Morning Newsletter will not be published on Friday, August 15, on account of the Independence Day holiday)To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at:https://solutions.lseg.com/MNCIndia-Subscriptionpag...Reuters
Thu, Aug 14
Australian dollar gets lift from upbeat jobs data
By Wayne Cole SYDNEY, Aug 14 (Reuters) - The Australian dollar hopped higher on Thursday as upbeat jobs data calmed concerns about a downturn in the labour market and lessened the need for another rate cut in the very near term.The market probability of a September easing from the Reserve Bank of...Reuters
Thu, Aug 14
FOREX-Dollar struggles as Fed rate-cut bets build; bitcoin soars to record high
Traders now 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 TOKYO, Aug 1...Reuters
Thu, Aug 14
NZD/USD strengthens above 0.5950 ahead of US PPI release
The NZD/USD pair gains ground to near 0.5985 during the Asian trading hours on Thursday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) as traders ramp up bets for a Federal Reserve (Fed) rate cut in September.
Fxstreet
Thu, Aug 14
Australian Dollar advances following improved employment data
The Australian Dollar (AUD) extends its winning streak for the third successive day on Thursday, following the release of domestic labor market data. The AUD/USD pair also gained support as the US Dollar (USD) depreciates amid rising odds of further rate cuts by the US Federal Reserve (Fed).
Fxstreet
Thu, Aug 14
Bessent says BOJ is 'behind the curve' on inflation, likely to hike rates, in Bloomberg interview
Japan has 'inflation problem', Bessent saysBessent says have spoken to BOJ chief UedaUeda has brushed aside view BOJ was behind the curveFood inflation raises worries within BOJ of second-round effectBy Mariko Katsumura and Leika Kihara TOKYO, Aug 14 (Reuters) - The Bank of Japan will lik...Reuters
Thu, Aug 14
FOREX-Dollar in doldrums as Fed rate-cut bets build; bitcoin soars to record high
By Kevin Buckland TOKYO, Aug 14 (Reuters) - The dollar languished near multi-week lows against the euro and sterling on Thursday as traders ramped up bets for the Federal Reserve to resume cutting interest rates next month.Rising expectations for Fed easing combined with increasing institutional ...Reuters
Thu, Aug 14
Bitcoin hits fresh record as Fed easing bets add to tailwinds
TOKYO, Aug 14 (Reuters) - Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the Federal Reserve added to tailwinds from recently announced financial reforms.The world's largest crypto-asset by market capitalisation climbed as much as 0.9% to $124,00...Reuters
Thu, Aug 14
USD/CAD weakens to near 1.3750 as expectations mount of Fed rate cut
The USD/CAD pair extends the decline to around 1.3755 during the early Asian session on Thursday. The US Dollar (USD) softens against the Canadian Dollar (CAD) as investors continue to price in further rate cuts by the US Federal Reserve (Fed).
Fxstreet
Wed, Aug 13
Fintech dLocal hikes 2025 guidance after growth beats expectations
By Sarah Morland Aug 13 (Reuters) - Uruguayan fintech dLocal DLO.O on Wednesday raised its growth forecasts for 2025, after its second-quarter earnings topped analyst forecasts, helped by more diversified operations and solid results in Brazil and Mexico.The payments provider, which operates acro...Reuters
Wed, Aug 13
Specialty packaging firm CCL Industries Q2 sales beat estimates
OverviewCCL Industries Q2 sales rise 4.8% to C$1.93 bln, beating estimatesAdjusted EPS up 8% to C$1.22, basic EPS down 22.4%The Toronto-headquartered company returned C$155.8 mln to shareholders in dividends and buybacksOutlookCompany expects modest currency translation tailwind for Q3 2025 earnings...Reuters
Wed, Aug 13
Australia unemployment rate expected to edge lower in July, improving to 4.2%
Australia will release its July monthly employment report on Thursday at 1:30 GMT, following the Reserve Bank of Australia (RBA) decision to trim the Official Cash Rate (OCR) by 25 basis points (bps) to 3.6%.Fxstreet
Wed, Aug 13
Canadian Dollar churns the waters near key averages
The Canadian Dollar (CAD) spun in a tight circle for the second day in a row on Wednesday as Loonie traders look for signs to move in either direction. The US Dollar (USD) weakened slightly, but a lack of CAD momentum kept the USD/CAD pair trapped near 1.3770.Fxstreet
Wed, Aug 13
EUR/USD hits two-week high as Fed dovish bets surge on Bessent remarks
EUR/USD surges on Wednesday, hitting a two-week high at around 1.1730 as the US Dollar (USD) gets battered, sponsored by traders speculating that the Federal Reserve (Fed) might turn dovish following remarks by US Treasury Secretary Scott Bessent.Fxstreet
Wed, Aug 13
