News
Important Only
FOREX-Subdued dollar firms after ECB leaves rates alone; tariffs and Fed in focus
Little reaction in euro after ECB holds rates steady, as expectedExpectations for higher rates support yen, but politics weighExpected trade deal with Europe in line with expectationsBy Alden Bentley and Stefano Rebaudo July 24 (Reuters) - The dollar traded sideways versus the euro on Thursday af...Reuters
Thu, Jul 24
FOREX-Subdued dollar firms after ECB leaves rates alone; tariffs and Fed in focus
Little reaction in euro after ECB holds rates steady, as expectedExpectations for higher rates support yen, but politics weighExpected trade deal with Europe in line with expectationsBy Alden Bentley and Stefano Rebaudo July 24 (Reuters) - The dollar traded sideways versus the euro on Thursday af...Reuters
Thu, Jul 24
RPT-FOREX-Dollar holds steady after ECB leaves rates alone, tariffs and Fed in focus
Little reaction in euro after ECB holds rates steady, as expectedExpectations for higher rates support yen, but politics weighExpected trade deal with Europe in line with expectationsBy Alden Bentley and Stefano Rebaudo July 24 (Reuters) - The dollar traded sideways against the euro on Thursday a...Reuters
Thu, Jul 24
New Zealand Dollar eases from two-week high as RBNZ flags growth risks, Trump-Fed meeting eyed
The New Zealand Dollar (NZD) eases slightly against the US Dollar (USD) on Thursday, pulling back from a two-week high reached earlier in the day. The move snaps a two-day winning streak for the Kiwi as the Greenback finds stability following a volatile start to the week.
Fxstreet
Thu, Jul 24
Valeo cuts 2025 sales outlook, sees 750 million euros impact from weak dollar
By Alessandro Parodi July 24 (Reuters) - French car parts supplier Valeo VLOF.PA cut its 2025 sales outlook on Thursday, citing an adverse currency impact of 750 million euros ($883 million). The company is the latest to flag forex risks in its quarterly reports, after United States President Don...Reuters
Thu, Jul 24
Australian Dollar trades near 2025 high as risk sentiment, resilient data boosts gains
The Australian Dollar (AUD) is pulling back after hitting an eight-month high against the US Dollar (USD) on Thursday. The pair reached a session high of 0.6625 before easing to trade near 0.6596 at the time of writing.
Fxstreet
Thu, Jul 24
CANADA FX DEBT-Canadian dollar slips as retail sales data shows domestic economy softening
Canadian dollar falls 0.3% against the greenbackTrades in a range of 1.3592 to 1.3646Retail sales decrease 1.1% in May10-year yield pulls back from an earlier one-week highBy Fergal Smith TORONTO, July 24 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Thursday as domesti...Reuters
Thu, Jul 24
Traders increasingly confident of ECB pause until year-end
ECB leaves rates steadyECB's Lagarde comments seen on hawkish side by marketsEuro zone bond yields broadly higher, euro risesBy Yoruk Bahceli, Danilo Masoni and Naomi Rovnick LONDON, July 24 (Reuters) - Traders grew more convinced on Thursday that the European Central Bank will hold rates aft...Reuters
Thu, Jul 24
Upbeat ECB keeps rates steady, raising doubts about further easing
Deposit rate left at 2%ECB awaits outcome of US-EU trade talks Reported 15% tariff worse than ECB's baselineAutumn rate cut seen as less likely By Francesco Canepa and Balazs Koranyi FRANKFURT, July 24 (Reuters) - The European Central Bank left interest rates unchanged on Thursday and offered...Reuters
Thu, Jul 24
Valeo cuts 2025 sales outlook, sees forex impact of 750 million euros
July 24 (Reuters) - French car parts supplier Valeo VLOF.PA cut its 2025 sales outlook on Thursday, citing an adverse currency impact of 750 million euros. The designer and producer of car components and integrated systems now expects sales of around 20.5 billion euros ($24.1 billion) this year, dow...Reuters
Thu, Jul 24
FOREX-Dollar holds steady after ECB leaves rates alone, tariffs and Fed in focus
Little reaction in euro after ECB holds rates steady, as expectedExpectations for higher rates support yen, but politics weighExpected trade deal with Europe in line with expectationsBy Alden Bentley and Stefano Rebaudo July 24 (Reuters) - The dollar traded sideways against the euro on Thursday a...Reuters
Thu, Jul 24
EUR/GBP rises as ECB holds rates steady, Eurozone PMIs stabilize, UK services falter
EUR/GBP is edging higher on Thursday as traders digest economic data from both regions and a measured tone from the European Central Bank (ECB).At the time of writing, the pair is trading around 0.8685, holding just below key resistance at 0.8738, as attention turns to diverging growth signals and c
Fxstreet
Thu, Jul 24
Russian rouble nears 80 to the dollar ahead of expected key rate cut
MOSCOW, July 24 (Reuters) - The Russian rouble weakened on Thursday, a day before the central bank is expected to cut interest rates, and approached the 80 to the dollar mark for the first time since June 12.The rouble was down 1.1% as of 1345 GMT at 78.25 per U.S. dollar, according to data compiled...Reuters
Thu, Jul 24
S&P Global lifts Pakistan's credit rating 'B-' from 'CCC+', outlook stable
LONDON, July 24 (Reuters) - S&P Global raised Pakistan's sovereign credit rating to 'B-' from 'CCC+' and placed it on a 'stable' outlook on Thursday, saying the country's finances and reserves had been stabilised by International Monetary Fund support."The sta...Reuters
Thu, Jul 24
Euro zone bond yields jump as traders trim ECB rate cut bets
LONDON, July 24 (Reuters) - Short-dated German bond yields were set for the largest daily rise in two months on Thursday, after the European Central Bank (ECB) held rates steady and central bank President Christine Lagarde offered a more upbeat view of the economic outlook.The interest-rate sensitiv...Reuters
Thu, Jul 24
Big central bank rate cuts slow with tariffs and politics in headlights
ECB keeps rates steady as it awaits clarity over tradeFed, Bank of Japan meet next weekAfter spate of rate cuts, easing is slowing down By Naomi Rovnick and Alun John LONDON, July 24 (Reuters) - The pace of central bank rate cuts is slowing as early movers near the end of their easing cycles whil...Reuters
Thu, Jul 24
