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Australian dollar weathers soft inflation data, bond yields slump
SYDNEY, July 30 (Reuters) - The Australian dollar was steady on Wednesday, taking in stride a set of surprisingly soft inflation figures that only cemented wagers for an interest-rate cut next month, while bond yields slumped. Data showed the headline consumer price index rose 0.7% in the second qua...Reuters
Wed, Jul 30
AUD/JPY weakens to near 96.50 on softer Australian CPI inflation data
The AUD/JPY cross edges lower to near 96.50 during the Asian trading hours on Wednesday. The Australian Dollar (AUD) weakens against the Japanese Yen (JPY) after the softer-than-expected Australian inflation data.
Fxstreet
Wed, Jul 30
FOREX-Euro hovers near one-month lows after trade deal, focus switches to Fed
Euro set for first monthly decline this year US-China talks constructive but no major breakthroughs Spotlight on Fed and Powell later on Wednesday By Ankur Banerjee SINGAPORE, July 30 (Reuters) - The euro EUR=EBS steadied near its lowest in a month on Wednesday, nursing steep losses this week as ...Reuters
Wed, Jul 30
NZD/USD extends the decline to near 0.5950, all eyes on Fed rate decision
The NZD/USD pair extends its downside to around 0.5955 during the early Asian session on Wednesday. Uncertainty surrounding the United States (US) and China tariff truce continues to undermine the China-proxy Kiwi.
Fxstreet
Wed, Jul 30
EXPLAINER-How Singapore's unique monetary policy works
By Xinghui Kok SINGAPORE, July 30 (Reuters) - Singapore's central bank has a unique method of managing monetary policy, tweaking the exchange rate of its dollar instead of changing domestic interest rates like most other economies.The Monetary Authority of Singapore (MAS) sets the path of wha...Reuters
Tue, Jul 29
USD/CAD holds steady above 1.3750 ahead of BoC, Fed rate decisions
The USD/CAD pair trades on a flat note near 1.3770 during the early Asian session on Wednesday. Markets might turn cautious later in the day as traders brace for the imminent interest rate decision by the Bank of Canada (BoC) and the US Federal Reserve (Fed).
Fxstreet
Tue, Jul 29
US Commerce involved in Brazil meeting with big tech firms, Brazil VP says
BRASILIA, July 29 (Reuters) - A representative from the U.S. Department of Commerce was present in a meeting between the Brazilian government and executives from U.S. tech giants, Brazilian Vice President Geraldo Alckmin said on Tuesday.U.S. President Donald Trump is set to levy 50% tariffs on impor...Reuters
Tue, Jul 29
US securities regulator allows for in-kind crypto ETF redemptions
July 29 (Reuters) - The U.S. Securities and Exchange Commission will allow in-kind creations and redemptions for crypto exchange-traded products, a move that asset managers have sought since the regulator approved the first set of products tied to the spot price of bitcoin last year. The SEC had app...Reuters
Tue, Jul 29
Big tech regulation in Brazil is a matter of sovereignty, says minister
SAO PAULO, July 29 (Reuters) - Brazil Planning Minister Simone Tebet on Tuesday said that regulation for big tech companies in the country was non-negotiable when it came to their responsibility for condoning crime. Such regulation is a part of Brazil's sovereignty, Tebet said in a interview wit...Reuters
Tue, Jul 29
Forex Today: The Fed is largely expected to stand pat
The US Dollar (USD) extended further its march north on Tuesday, reaching new multi-week highs on the back of rising scepticism surrounding the trade scenario, while investors geared up for the imminent interest rate decision by the Federal Reserve and, later in the week, the publication of the crucFxstreet
Tue, Jul 29
Canadian Dollar continues to slide ahead of Fed rate call
The Canadian Dollar (CAD) extended into a fourth straight day of losses against the US Dollar (USD) on Tuesday, continuing a Greenback-positive theme in the run-up to the latest interest rate call from the Federal Reserve (Fed).Fxstreet
Tue, Jul 29
FOREX-Dollar reaches one-month high versus euro on trade deal optimism, Fed in view
Euro poised for first monthly loss against dollarUS-EU trade deal criticized by some euro zone leadersUS and China agree to extend tariff truceDollar index set for first month of gains this yearBy Chibuike Oguh NEW YORK, July 29 (Reuters) - The dollar hit a one-month high versus the euro on Tuesd...Reuters
Tue, Jul 29
