News
Important Only
FOREX-Dollar set for monthly drop on growing US rate cut wagers
Investors brace for US inflation data later on FridayLegal tussle between Trump and Fed's Cook to weigh on sentimentInvestors jittery about Fed's independence By Ankur Banerjee SINGAPORE, Aug 29 (Reuters) - The dollar wobbled on Friday, poised for a 2% drop in August against major currenc...Reuters
Fri, Aug 29
NZD/USD advances to near 0.5900 ahead of US PCE inflation data
The NZD/USD pair extends its upside to near 0.5900 during the Asian trading session on Friday. The Kiwi pair strengthens as the market sentiment is favorable for riskier assets on firm expectations that the Federal Reserve (Fed) will cut interest rates in the September policy meeting.
Fxstreet
Fri, Aug 29
Australian dollar set for monthly gain, kiwi subdued
AUD up 1.8% in August, NZD flatBoth central banks cut rates this month but NZ more dovishSharp rise in yuan helps, much riding on U.S. PCE data SYDNEY, Aug 29 (Reuters) - The Australian dollar was set for monthly gains, as mounting expectations of an imminent U.S. interest rate cut pressured the...Reuters
Fri, Aug 29
Australian Dollar edges higher amid dovish tone surrounding Fed policy
The Australian Dollar (AUD) moves little against the US Dollar (USD) on Friday, following three days of gains. However, the AUD/USD may further appreciate as the US Dollar (USD) could struggle amid renewed dovish sentiment surrounding the Federal Reserve (Fed) policy outlook.
Fxstreet
Fri, Aug 29
FOREX-Dollar headed for monthly drop on rate cut wagers
Investors brace for inflation data later on FridayLegal tussle between Trump and Fed's Cook to weigh on sentimentInvestors jittery about Fed's independence By Ankur Banerjee SINGAPORE, Aug 29 (Reuters) - The dollar wobbled on Friday, poised for a 2% drop in August against major currencies...Reuters
Fri, Aug 29
Brazil starts formal process to assess US tariff retaliation, say sources
BRASILIA, Aug 28 (Reuters) - Brazil's Foreign Ministry ordered government trade body Camex on Thursday evening to start analyzing whether a local reciprocity law could be used against the United States, two sources familiar with the matter said. The law, passed earlier this year by Brazil...Reuters
Thu, Aug 28
USD/CAD posts modest gains above 1.3750 ahead of Canadian GDP, US PCE releases
The USD/CAD pair trades with mild gains near 1.3755 during the early Asian session on Friday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) after the upbeat US Gross Domestic Product (GDP) and weekly Initial Jobless Claims data.
Fxstreet
Thu, Aug 28
USD/CHF consolidates near support, risks testing July swing lows
USD/CHF consolidates during the North American session yet ends Thursday’s session modestly with losses of over 0.09% even though the latest round of economic data in the United States (US) showed that the economy remains solid. At the time of writing, the pair trades at 0.8013.Fxstreet
Thu, Aug 28
Brazil's central bank to auction up to $1 billion with repurchase deal
SAO PAULO, Aug 28 (Reuters) - The Brazilian central bank will offer up to $1 billion in a dollar auction with repurchase agreement, the monetary authority said in a statement on Thursday.The auction aims to roll over contracts maturing on September 3, and will start on Friday at 10:30 a.m. local tim...Reuters
Thu, Aug 28
Brazil's central bank to auction up to $1 billion with repurchase deal
SAO PAULO, Aug 28 (Reuters) - The Brazilian central bank will offer up to $1 billion in a dollar auction with repurchase agreement, the monetary authority said in a statement on Thursday.The auction aims to roll over contracts maturing on September 3, and will start on Friday at 10:30 a.m. local tim...Reuters
Thu, Aug 28
Colombia's international dollar bonds rally after repurchase offer
Aug 28 (Reuters) - Colombia's international dollar bonds rose across the curve on Thursday, a day after a group of global banks announced an offer to repurchase Colombia's sovereign bonds maturing from 2027 through 2061.The 2027 issue CO007401060= gained 3 cents to bid at 102.76 cents on the...Reuters
Thu, Aug 28
EUR/USD edges higher as Fed turmoil and safe-haven flows pressure US Dollar
EUR/USD edges up late in the North American session on Thursday, as the US Dollar (USD) fails to gain traction on upbeat US data, amid the ongoing conflict between US President Donald Trump and Federal Reserve (Fed) Governor Lisa Cook. At the time of writing, the pair trades at 1.1688, up 0.43%.
Fxstreet
Thu, Aug 28
