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FOREX-Dollar steadies after tumble as investors eye imminent Fed cuts
Dollar rebounds slightly after Friday's drubbingWeak jobs data, uncertainty over Fed independence undermine US economyInvestors pricing in more than 90% chance of September Fed cutBy Rae Wee SINGAPORE, Aug 4 (Reuters) - A battered dollar edged marginally higher on Monday after a dismal U.S. j...Reuters
Mon, Aug 4
Brazil finance minister to speak with Bessent next week over U.S. sanctions on Brazil judge
BRASILIA, Aug 1 (Reuters) - The Brazilian finance minister said on Friday he will hold a virtual meeting next week with U.S. Treasury Secretary Scott Bessent to discuss U.S. sanctions imposed this week on Brazilian Supreme Court justice Alexandre de Moraes.Minister Fernando Haddad told journalists t...Reuters
Fri, Aug 1
EUR/USD skyrockets as US jobs data triggers Fed rate cut bets
The EUR/USD surges more than 1% on Friday as the Greenback gets battered on a worse-than-expected jobs report in the United States (US), which triggered investors' reaction to price in two interest rate cuts by the Federal Reserve (Fed).
Fxstreet
Fri, Aug 1
FOREX-Dollar tumbles, traders bet on more US rate cuts after weak jobs report
Dollar falls broadly against peers after weak US jobs reportSwiss franc, Canadian dollar earlier hit by country tariffs Bank of Japan signals no hurry to resume rate hikes By Karen Brettell NEW YORK, Aug 1 (Reuters) - The dollar dropped on Friday and was on track for its biggest daily loss agains...Reuters
Fri, Aug 1
FOREX-Dollar tumbles, traders bet on more US rate cuts after weak jobs report
Dollar falls broadly against peers after weak US jobs reportSwiss franc, Canadian dollar earlier hit by country tariffs Bank of Japan signals no hurry to resume rate hikes By Karen Brettell NEW YORK, Aug 1 (Reuters) - The dollar dropped on Friday and was on track for its biggest daily loss agains...Reuters
Fri, Aug 1
AUD/USD slips despite soft NFP as RBA rate cut bets keep Aussie pressured
The Australian Dollar (AUD) remains under pressure against the US Dollar (USD) on Friday, giving back most of its earlier gains despite broad weakness in the Greenback following a disappointing Nonfarm Payrolls (NFP) data.Fxstreet
Fri, Aug 1
CANADA FX DEBT-Canadian dollar pares weekly decline as Fed rate cut bets surge
Canadian dollar gains 0.4% against the greenbackRebounds from its weakest since May 22 at 1.3879For the week, the loonie is down 0.7%10-year yield touches a three-week low at 3.372%By Fergal Smith TORONTO, Aug 1 (Reuters) - The Canadian dollar rebounded from a two-month low against its U.S. count...Reuters
Fri, Aug 1
UK Treasury says it respects motor finance ruling, will assess impact
LONDON, Aug 1 (Reuters) - Britain's finance ministry said on Friday it respected a Supreme Court ruling on car finance commissions which was likely to ease the fears of some banks about the extent of a redress scheme."We respect this judgment from the Supreme Court and we will now work with ...Reuters
Fri, Aug 1
EUR/GBP soars to 0.8710 as US jobs disappoint, BoE rate cut in focus
The EUR/GBP rallied sharply on Friday as the Bank of England's (BoE's) next week’s monetary policy decision looms, and a worse-than-expected Nonfarm Payrolls report in the United States (US), sparked talks about a possible “stagflation” scenario in the US.
Fxstreet
Fri, Aug 1
Analysts tick up Mexico end-2025 growth forecast
MEXICO CITY, Aug 1 (Reuters) - Private sector analysts polled by Mexico's central bank last month saw Mexico's economy growing slightly more in 2025 than they had forecast a month prior, according to the survey published on Friday.Analysts also expect Mexico's peso currency to close the ...Reuters
Fri, Aug 1
China's central bank sets up new financial stability committee
BEIJING, Aug 1 (Reuters) - China's central bank has set up a macroprudential and financial stability committee to help defuse financial risks, it said on Friday, pledging to maintain accommodative policy. In its mid-year work summary, the People's Bank of China (PBOC) said it will focus on p...Reuters
Fri, Aug 1
FOREX-Dollar tumbles, traders price in more US rate cuts after weak jobs report
Dollar falls broadly against peers after weak US jobs reportSwiss franc, Canadian dollar earlier hit by country tariffs Bank of Japan signals no hurry to resume rate hikes By Karen Brettell NEW YORK, Aug 1 (Reuters) - The dollar fell broadly on Friday after data showed that U.S. employers added f...Reuters
Fri, Aug 1
Canadian Dollar rebounds as dismal NFP data weighs on USD
The Canadian Dollar (CAD) erased a portion of its weekly losses against the US Dollar (USD) on Friday following the disappointing July employment report from the US. At the time of press, the USD/CAD pair was trading at 1.3795, losing about 0.5% on a daily basis.Fxstreet
Fri, Aug 1
