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Lawyers for Brazil's Bolsonaro say he did not violate social media ban
BRASILIA, July 22 (Reuters) - Lawyers for former Brazilian President Jair Bolsonaro told the Supreme Court on Tuesday that he did not violate a court-ordered social media ban, after the top judge accused him of breaching the order and demanded an explanation from his lawyers.In a document sent to Su...Reuters
Tue, Jul 22
Bolsonaro's lawyers reject Brazil Supreme Court's accusation of order breach
BRASILIA, July 22 (Reuters) - Lawyers for the Brazil's former president Jair Bolsonaro told the Supreme Court on Tuesday he had not breached judicial restraining orders regarding the use of social media, after the court said he had and ordered the lawyers to explain.In the document sent to Supre...Reuters
Tue, Jul 22
Canadian Dollar climbs as Greenback losses pile on
The Canadian Dollar (CAD) caught another breather on Tuesday, gaining ground against the weakening US Dollar (USD) and extending into its third straight day of firm gains. The Loonie is up around 1.25% against the Greenback from last week’s lows, pushing the USD/CAD pair down to the 1.3600 handle.
Fxstreet
Tue, Jul 22
FOREX-US dollar slumps as Trump's tariff deadline looms
Currencies trade in tight rangeYen holds on to gains after Japan's upper house election result Investors await progress in more trade talksDollar hits two-week lowBy Gertrude Chavez-Dreyfuss NEW YORK, July 22 (Reuters) - The dollar slid on Tuesday, with the yen one of the major gainers versus...Reuters
Tue, Jul 22
AUD/USD extends gains as Fed uncertainty threatens the US Dollar ahead of Australian PMI data
The Australian Dollar (AUD) is extending its climb against the US Dollar (USD) on Tuesday as a softer Greenback and a slightly more balanced tone from the Reserve Bank of Australia (RBA) support the upside move.
Fxstreet
Tue, Jul 22
CANADA FX DEBT-Canadian dollar rises to two-week high, benefiting from US dollar woes
Canadian dollar gains 0.5% against the greenbackTouches its strongest since July 7 at 1.3606Price of oil declines 1.5%Bond yields ease across the curveBy Fergal Smith TORONTO, July 22 (Reuters) - The Canadian dollar strengthened to a two-week high against its U.S. counterpart on Tuesday as a down...Reuters
Tue, Jul 22
Nokia cuts 2025 profit guidance citing tariffs and weaker US dollar
HELSINKI, July 22 (Reuters) - Finland's Nokia NOKIA.HE lowered its guidance for 2025 comparable operating profit on Tuesday by up to 310 million euros ($364.10 million), citing the impact of a weaker U.S. dollar and tariffs."Considering currency and tariff headwinds, which are outside its (N...Reuters
Tue, Jul 22
GBP/USD edges higher despite soaring UK borrowing as Dollar slips further
The GBP/USD advances modestly during the North American session as the US dollar extends its losses for two straight days, despite data showing that UK government borrowing soared in June. At the time of writing, the pair trades at 1.3504 up 0.12%.
Fxstreet
Tue, Jul 22
FOREX-US dollar falls ahead of Trump's tariff deadline
Currencies trade in tight rangeYen holds on to gains after Japan's upper house election result Investors await progress in more trade talksBy Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, July 22 (Reuters) - The dollar slid on Tuesday, with the yen one of the major gainers versu...Reuters
Tue, Jul 22
Nigeria's central bank holds benchmark rate at 27.50%
ABUJA, July 22 (Reuters) - Nigeria's central bank kept its monetary policy rate unchanged at 27.50% NGCBIR=ECI, its governor Olayemi Cardoso said on Tuesday.The decision marks the third consecutive time this year that the bank's Monetary Policy Committee has kept the rate steady after hiking...Reuters
Tue, Jul 22
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0% higher at C$1.3678 to the greenback, or 73.11 U.S. cents, after trading in a range of 1.3665 to 1.3695.Canadian government 10-year bond yields CA10YT=...Reuters
Tue, Jul 22
IMF warns tariffs aren't the answer to global imbalances
China, US and euro area had excessive balancesIMF warns tariffs don't correct current account imbalancesTensions could lead to shifts in international monetary system, IMF saysBy Andrea Shalal WASHINGTON, July 22 (Reuters) - Global current account balances widened sharply in 2024, reversing a...Reuters
Tue, Jul 22
Bank of England's Bailey defends bank rules after Reeves attack
Bailey defends separation of banks' investment banking armsComments come a week after finance minister's criticismBoE sees risks in mandating pension fund investmentRise in borrowing costs not just in UK, Bailey says By David Milliken and William Schomberg LONDON, July 22 (Reuters) - Bank...Reuters
Tue, Jul 22
FOREX-Dollar dithers as investors await more tariff clarity
Currencies trade in tight rangeYen holds on to gains after Japan's upper house election result Investors await progress in more trade talksBy Rae Wee and Amanda Cooper SINGAPORE/LONDON, July 22 (Reuters) - The dollar edged up on Tuesday, but activity across the currency market was subdued, as...Reuters
Tue, Jul 22
USD/JPY is consolidating recovery from range low – Scotiabank
The Japanese Yen (JPY) is also trading flat against the US Dollar (USD) and consolidating its recent recovery from the lower end of its recent range, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Tue, Jul 22
