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Australia, NZ dollars find support in US rate cut wagers
Australia wage data no bar to further RBA easing RBNZ likely to cut rates next week, easing cycle near endAussie prepares for jobs data challengeBy Wayne Cole SYDNEY, Aug 13 (Reuters) - The Australian and New Zealand dollars consolidated quietly on Wednesday as mounting expectations of a U.S. rat...Reuters
Wed, Aug 13
Australian Dollar dips as RBA rate cut signals easing inflation trends, cooling employment
The Australian Dollar (AUD) declines on Wednesday after registering gains in the previous session. The AUD/USD pair remains subdued following the release of Wage Price Index data for the second quarter.
Fxstreet
Wed, Aug 13
BNY appointed investment manager for OpenEden's tokenised US Treasury fund
SINGAPORE, Aug 13 (Reuters) - Singapore-based fintech firm OpenEden said on Wednesday it has appointed U.S. financial firm BNY BK.N as the investment manager and primary custodian for assets backing its tokenised U.S. Treasury fund.The fund, launched in 2023, provides investors with direct exposure ...Reuters
Wed, Aug 13
NZD/USD softens to near 0.5950 as China’s deflation concerns persist
The NZD/USD pair loses traction near 0.5950 during the early Asian session on Wednesday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) despite rising bets for a Federal Reserve (Fed) September rate cut. Traders will take more cues from Fedspeak later on Wednesday.
Fxstreet
Wed, Aug 13
FOREX-Dollar slips as investors eye September Fed cut
Dollar eases as markets ramp up Fed cut betsU.S. inflation data in line with expectationsTrump weighing lawsuit against Powell over renovationsBy Rae Wee SINGAPORE, Aug 13 (Reuters) - The dollar weakened on Wednesday after a tame reading on U.S. inflation bolstered expectations of a Federal Reser...Reuters
Wed, Aug 13
GBP/USD springboards higher heading into a midweek lull
GBP/USD gained ground on Tuesday, climbing around one-half of one percent after economic releases from both the United Kingdom (UK) and the United States (US) tilted the scales in favor of the Pound Sterling (GBP) over the US Dollar (USD).
Fxstreet
Tue, Aug 12
Brazil's Lula says proposal to regulate social media platforms is ready
BRASILIA, Aug 12 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Tuesday that a proposal to regulate social media platforms in the country is ready and will be sent to Congress.In an interview with news outlet BandNews, Lula said the proposal will be on his desk on Wednesday aftern...Reuters
Tue, Aug 12
AUD/USD posts modest losses to below 0.6550 as RBA delivers dovish cut
The AUD/USD pair trades with mild losses near 0.6530 during the early Asian session on Wednesday. The Australian Dollar (AUD) edges lower against the Greenback after the Reserve Bank of Australia (RBA) delivered a dovish rate cut at its August meeting.Fxstreet
Tue, Aug 12
Brazil to provide $5.6 billion to help exporters navigate US tariffs
BRASILIA, Aug 12 (Reuters) - Brazil's President Luiz Inacio Lula da Silva on Tuesday said his government would provide 30 billion reais ($5.55 billion) in credit as part of a plan to support companies that export goods and are affected by steeper tariffs imposed from Washington.In an interview w...Reuters
Tue, Aug 12
Do Kwon pleads guilty to US fraud charges in $40 billion crypto collapse
Kwon pleads guilty to conspiracy to defraud and wire fraudTerraform Labs founder accused of misleading crypto investors South Korean entrepreneur faces up to 25 years in prison By Luc Cohen NEW YORK, Aug 12 (Reuters) - Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital c...Reuters
Tue, Aug 12
EUR/USD rises towards 1.1700 on soft US CPI, Fed rate-cut bets increase
The EUR/USD rises during the North American session, following the release of mixed inflation figures in the United States (US) and US President Donald Trump’s threats to sue the Fed Chair Jerome Powell. At the time of writing, the pair edges up 0.50% at 1.1673.
Fxstreet
Tue, Aug 12
Brazil's Lula says proposal to regulate social media platforms is ready
BRASILIA, Aug 12 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Tuesday that a proposal to regulate social media platforms in the country is ready and will be sent to Congress.In an interview with news outlet BandNews, Lula said the proposal will be on his desk on Wednesday aftern...Reuters
Tue, Aug 12
Brazil to unveil US tariff mitigation plan on Wednesday, minister says
BRASILIA, Aug 12 (Reuters) - Brazil's government will announce a highly awaited contingency plan with measures to mitigate the effects of the tariffs imposed by the United States on its imports of Brazilian goods on Wednesday, the nation's finance minister said on Tuesday.Finance Minister Fe...Reuters
Tue, Aug 12
FOREX-Dollar slips as US inflation data backs September rate cut
US consumer prices increase moderately in JulyDollar erases early gains to trade lower against euro, yenFormer Fed bank president Bullard says he'd accept Fed chair job if offered Weaker USD helps Aussie rebound after hit from widely expected RBA rate cutSterling supported by British jobs data B...Reuters
Tue, Aug 12
Forex Today: Focus shifts to German inflation and Fedspeak
The US Dollar (USD) resumed its decline on turnaround Tuesday, leaving behind two daily advances in a row as investors assessed the latest CPI readings amid speculation of two interest rate cuts by the Fed in the latter half of the year.Fxstreet
Tue, Aug 12
