News
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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
Marfrig Sees No Revenue, Profitability Impact From New US Tariff Policy
Aug 1 (Reuters) - Marfrig Global Foods SA MRFG3.SA:MARFRIG: SEES NO IMPACT ON THE COMPANY'S REVENUE AND PROFITABILITY RESULTING FROM THE EFFECTS OF THE NEW U.S. TARIFF POLICY - STATEMENTMARFRIG: OPERATIONS IN BRAZIL CONTINUE NORMALLY, WITHOUT DISRUPTIONS TO PRODUCTION LINES AND AT FULL CAPACITYM...Reuters
Fri, Aug 1
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.4% higher at C$1.3793 to the greenback, or 72.5 U.S. cents, after trading in a range of 1.3786 to 1.3879.Canadian government 10-year bond yields CA10YT=...Reuters
Fri, Aug 1
FOREX-Dollar drops as employers add fewer jobs than expected in July
By Karen Brettell NEW YORK, Aug 1 (Reuters) - The dollar fell broadly on Friday after data showed that employers added fewer jobs in July than economists had expected, while the unemployment rate moved higher in line with expectations.Employers added 73,000 jobs last month, below the 100,000 expe...Reuters
Fri, Aug 1
Brazil fine-tuning plan to help companies deal with US tariffs
SAO PAULO, Aug 1 (Reuters) - Brazil's government expects to announce next week the first measures of a contingency plan it has been preparing to help businesses to cope with the 50% tariff announced by U.S. President Donald Trump on several goods from that country.Finance Minister Fernando Hadda...Reuters
Fri, Aug 1
JPY outperforming as haven demand returns following hiatus – Scotiabank
The Japanese Yen (JPY) is up a modest 0.2% against the US Dollar (USD) but outperforming all of the G10 currencies in classic risk off trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Aug 1
EUR consolidating above 1.14 for second consecutive session – Scotiabank
The Euro (EUR) is quietly consolidating just above 1.14 against US Dollar (USD), trading in an exceptionally tight range for a second consecutive session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Fri, Aug 1
FOREX-Dollar forges higher as Trump releases new tariff barrage
Dollar hits new highs after levies raised for some countriesSwiss franc, Canadian dollar hit by country tariffs Yen sinks, Bank of Japan signals no hurry to resume rate hikesUS monthly jobs data due later By Amanda Cooper LONDON, Aug 1 (Reuters) - The dollar headed for its strongest weekly perfor...Reuters
Fri, Aug 1
CAD’s week-long slide extends – Scotiabank
The Canadian Dollar (CAD) continues the steady slide seen over the past week but has held up relatively well so far today in the face of President Trump’s latest tariff moves, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Aug 1
