News
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Japanese Yen resumes downtrend; USD/JPY climbs to mid-148.00s amid fresh USD buying
The Japanese Yen (JPY) attracts fresh sellers after data released during the Asian session on Thursday showed that Japan clocked a smaller-than-expected trade surplus in June amid a continued decline in exports.
Fxstreet
Thu, Jul 17
NZD/USD softens to below 0.5950 amid cautious trades
The NZD/USD pair attracts some sellers to around 0.5925 during the Asian trading hours on Thursday. The cautious trades and the prospect of the US Federal Reserve (Fed) maintaining its current interest rates underpin the US Dollar (USD) against the New Zealand Dollar (NZD).
Fxstreet
Thu, Jul 17
Japan 'concerned' about forex market movement, government spokesperson says
TOKYO, July 17 (Reuters) - Japan is closely monitoring interest rate trends and their impact on people's lives as long-term rates affect the economy and public finances, a government spokesperson said on Thursday.Deputy Chief Cabinet Secretary Kazuhiko Aoki said the government was "concerned...Reuters
Thu, Jul 17
Australia dollar skids as jobless jump stokes rate cut pressure
By Wayne Cole SYDNEY, July 17 (Reuters) - The Australian dollar slid on Thursday after jobs data badly missed forecasts and unemployment hit highs not seen since late 2021, stoking market wagers for a cut in interest rates.Employment rose by just 2,000 in June, when analysts had looked for a gain...Reuters
Thu, Jul 17
FOREX-Dollar on shaky ground as markets fret about Fed independence
Trump denies planning to fire Fed Chair PowellConcerns over Fed independence and dollar stability riseInvestors focus on tariffs and Japan's political shiftBy Rocky Swift TOKYO, July 17 (Reuters) - The dollar was on a fragile footing on Thursday having lost ground overnight as concerns U.S. P...Reuters
Thu, Jul 17
Lula records speech to the nation about U.S. tariffs against Brazil, local media says
SAO PAULO, July 16 (Reuters) - Brazilian President Luiz Inacio Lula da Silva has recorded a TV and radio address to the nation about Donald Trump's administration threat to raise tariffs against Brazil, newspaper Valor Economico said on Wednesday, citing sources.The speech, which comes after Tru...Reuters
Wed, Jul 16
Trump says he would love for Fed Chair Powell to resign
By Kanishka Singh WASHINGTON, July 16 (Reuters) - U.S. President Donald Trump said he would love for Federal Reserve Chair Jerome Powell to resign but acknowledged that many have said it would disrupt the markets if the president were to remove him.Trump made the comments in an interview with the...Reuters
Wed, Jul 16
EUR/USD rebounds as Trump threatens Fed’s independence, soft PPI weighs on USD
The EUR/USD holds to earlier gains of 0.25% on Wednesday after US President Donald Trump threatened to remove the Federal Reserve (Fed) Chair Jerome Powell. This, along with a softer-than-expected inflation report on the producer side, capped the Euro’s advance versus the US Dollar.
Fxstreet
Wed, Jul 16
Australia unemployment rate expected to hold steady in June
Australia is set to release the June employment report on Thursday at 1:30 GMT. The Australian Bureau of Statistics (ABS) is expected to announce that the country added 20,000 new job positions in the month, reversing the 2,500 lost positions announced in May.Fxstreet
Wed, Jul 16
FOREX-Dollar drops in choppy trading as Trump denies plans to fire Fed's Powell
Trump denies media reports he will fire Fed Chair PowellProducer prices unchanged in JuneTraders price in rising odds of rate hikes this yearBy Karen Brettell NEW YORK, July 16 (Reuters) - The U.S. dollar fell but rose off its lows on Wednesday after U.S. President Donald Trump denied news report...Reuters
Wed, Jul 16
AUD/JPY eases from six-month high as Yen strengthens across the board
The Australian Dollar (AUD) is retreating against the Japanese Yen (JPY) on Wednesday as the Yen strengthens broadly against major currencies. After rising steadily since last week, the AUD/JPY pair is now down over 1% from Tuesday’s six-month high of 97.43, a level last seen on January 28.
Fxstreet
Wed, Jul 16
FOREX-Dollar pares earlier drop as Trump denies plans to fire Fed's Powell
Trump denies media reports he will fire Fed Chair PowellProducer prices unchanged in JuneTraders price in rising odds of rate hikes this yearBy Karen Brettell NEW YORK, July 16 (Reuters) - The U.S. dollar pared a sharp earlier drop on Wednesday after U.S. President Donald Trump denied news report...Reuters
Wed, Jul 16
USD/JPY retreats as Trump-Powell tensions cap gains
The Japanese Yen (JPY) is attempting to recover a portion of recent losses against the US Dollar (USD) on Wednesday expectations that US President Donald Trump would fire Federal Reserve (Fed) Chair Jerome Powell heated up and then died down.Fxstreet
Wed, Jul 16
