News
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ANALYSIS-Foreign investors are warming to London's unloved stocks
FTSE 100 outperforming European peersSterling strength doesn't deter UK stocksDollar-dominated returns biggest since 2009By Amanda Cooper and Lucy Raitano LONDON, July 18 (Reuters) - Britain's stock market finally appears to be reversing years of underperformance against the rest of Europ...Reuters
Fri, Jul 18
EUR/USD surges above 1.1600 due to easing risk aversion following dovish Fedspeak
EUR/USD recovers its recent losses registered in the previous day, trading around 1.1630 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) loses ground amid easing risk sentiment following the dovish remarks from Federal Reserve (Fed) officials.
Fxstreet
Fri, Jul 18
Japanese Yen moves little after National CPI; remains close to multi-month low against USD
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Friday, though it lacks bullish conviction and remains close to an over three-month low touched earlier this week.
Fxstreet
Fri, Jul 18
Australia and NZ dollars bounce, rate cut buzz still a burden
By Wayne Cole SYDNEY, July 18 (Reuters) - The Australian and New Zealand dollars regained some footing on Friday as their U.S. counterpart ran into fresh selling, but for the week both nursed losses as markets increased bets on rate cuts at home.The Aussie edged up 0.3% to $0.6505 AUD=D3, and off...Reuters
Fri, Jul 18
FOREX-Dollar set for weekly gain as firm US data tempers Fed easing bets
Dollar index heads for 0.64% gain after strong retail sales dataU.S. currency still faces pressure from Trump's attacks on Fed chiefYen pressured as Japan's coalition facing tough weekend electionBy Kevin Buckland TOKYO, July 18 (Reuters) - The dollar headed for a second straight weekly g...Reuters
Fri, Jul 18
Lula says he won't take orders from foreigner Trump, calls tariffs blackmail
US plans 50% tariff on Brazilian imports from August Brazil plans regulation and taxation of US tech firmsLula open to talks with Trump, minister says SAO PAULO, July 17 (Reuters) - Brazilian President Luiz Inacio Lula da Silva on Thursday said he would not take orders over tariffs from a foreign...Reuters
Fri, Jul 18
GBP/USD halts momentum as markets weigh US Retail Sales, UK labor data
GBP/USD churned around the 1.3400 region on Thursday, grappling with fresh congestion after a brief reprieve from sustained selling pressure. United Kingdom (UK) labor data broadly missed the mark, and US Retail Sales came in stronger than expected.
Fxstreet
Thu, Jul 17
EUR/USD drops below 1.1600 as strong US data slashes Fed cut odds
EUR/USD tumbles during the North American session, down 0.38% following the release of economic data from the United States (US), which triggered a reaction by investors, who trimmed their bets that the Federal Reserve (Fed) will cut interest rates.Fxstreet
Thu, Jul 17
Japan finance minister calls for vigilance against FX volatility
By Makiko YamazakiJuly 18 (Reuters) - Japanese Finance Minister Katsunobu Kato on Thursday called for vigilance against excessive foreign exchange volatility at the meeting of finance leaders from the Group of 20 major economies in South Africa."I told the meeting that based on the existing G20 ...Reuters
Thu, Jul 17
FOREX-Dollar gains broadly; yen dips before election Japan election
Dollar firms against major peersFed Chair Powell's future in focus Japan's political shift weighs on yenBy Karen Brettell NEW YORK, July 17 (Reuters) - The dollar rebounded broadly on Thursday following a turbulent session on Wednesday when U.S. President Donald Trump denied reports that ...Reuters
Thu, Jul 17
HSBC executive's fraud conviction voided by US appeals court
Mark Johnson led an HSBC foreign exchange deskJohnson accused of "front-running' Cairn Energy tradeFraud theories underlying conviction invalid or weakUS Attorney's office in Brooklyn declined to commentBy Jonathan Stempel NEW YORK, July 17 (Reuters) - A U.S. appeals court on Thursday...Reuters
Thu, Jul 17
AUD/USD slides as weak Australian jobs data meets robust US retail sales
The Australian Dollar (AUD) is weakening against the US Dollar (USD) on Thursday after employment data from Australia reflected a slowdown in the labour market. Meanwhile, US Retail Sales data surprised to the upside, reflecting an increase in consumer spending in June.
Fxstreet
Thu, Jul 17
Brazil's Lula open to talks with Trump amid trade spat, minister says
SAO PAULO, July 17 (Reuters) - Brazilian President Luiz Inacio Lula da Silva is open to talks with U.S. President Donald Trump, his foreign relations minister indicated on Thursday, after Trump said he would impose a 50% tariff on Brazilian goods."President Lula speaks with all heads of state an...Reuters
Thu, Jul 17
