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INDIA RUPEE-Rupee steadies to cap rough week dominated by Trump's tariff jolt
By Ashwin Manikandan MUMBAI, Aug 1 (Reuters) - The Indian rupee nudged higher on Friday, supported by likely intervention from the Reserve Bank of India, but still logged its worst weekly drop since late 2022 due to worries over U.S. tariffs and sustained foreign portfolio outflows.The rupee INR=...Reuters
Fri, Aug 1
USD/JPY breaks triangle, eyes further gains – Société Générale
USD/JPY has confirmed a bullish breakout, reclaiming the 200-day moving average and signaling renewed upward momentum. With key support at 147.50 holding firm, the pair now sets its sights on the March high at 151.20 and further upside toward 153.10, Société Générale's FX analysts note.Fxstreet
Fri, Aug 1
Canada's Fortis Q2 net earnings rise
OverviewFortis Q2 net earnings rise to C$384 mln, driven by rate base growthCapital expenditures reach C$2.9 bln in H1, supporting C$5.2 bln annual planCo reports 34% reduction in GHG emissions compared to 2019 levelsOutlookFortis expects midyear rate base to grow from C$39 bln in 2024 to C$53 bln b...Reuters
Fri, Aug 1
Johnson Outdoors Q3 sales beat estimates
OverviewJohnson Outdoors fiscal Q3 sales rise 5% to $180.7 mln, beating estimatesOperating profit reaches $7.3 mln, reversing prior year loss of $0.5 mlnNet income jumps to $7.7 mln, or $0.75 per share, from $1.6 mlnOutlookJohnson Outdoors, fishing and camping equipment maker, addresses tariff uncer...Reuters
Fri, Aug 1
EMERGING MARKETS-FX, stocks head towards weekly drop over tariff jitters, eye US jobs data
Trump imposes steep tariffs on dozens of countriesUS nonfarm payrolls data awaitedMSCI EM FX, stocks set for weekly declines By Ankita Yadav Aug 1 (Reuters) - Most emerging market currencies and stocks were heading towards a weekly slump on Friday as markets assessed the possible impact of U.S. t...Reuters
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
USD/CAD rallies further, approaches 1.3900 on higher levies to Canada
The US Dollar keeps marching higher, as the Canadian Dollar struggles after Trump decided to increase tariffs to Canada to 35% from the previous 25%, escalating the trading tension with one of its main trading partners.The US President justified his decision on Canada’s alleged reluctance to cooperaFxstreet
Fri, Aug 1
Sterling steadies after worst monthly performance since 2022
By Amanda CooperLONDON, Aug 1 (Reuters) - The pound held steady on Friday, having posted its worst monthly performance against the dollar in three years, as the U.S. currency rallied after President Donald Trump imposed new tariff rates on dozens of trade partners. Sterling GBP=D3 lost nearly 4% i...Reuters
Fri, Aug 1
