News
Important Only
Brazil's government, Congress fail to reach agreement on IOF tax
SAO PAULO, July 15 (Reuters) - A Supreme Court hearing between representatives of the Brazilian government and Congress to address a dispute over the financial transactions tax IOF ended on Tuesday without an agreement, a court document showed.Reuters
Tue, Jul 15
Brazil looks to solve US tariff issue before deadline
BRASILIA, July 15 (Reuters) - Brazil will work to get the United States to reverse 50% tariffs on Brazilian goods before they are set to take effect on August 1, Vice President Geraldo Alckmin said on Tuesday.Speaking to reporters in Brasilia after meeting with business leaders to discuss the tariff...Reuters
Tue, Jul 15
GBP/JPY strengthens ahead of UK CPI as diverging monetary policies and Yen weakness supports gains
The British Pound (GBP) continues to appreciate against the Japanese Yen (JPY) on Tuesday, as diverging central bank policies and rising geopolitical tensions support bullish momentum.
Fxstreet
Tue, Jul 15
FOREX-Dollar hits 15-week high against yen as consumer prices gain
US consumer prices picked up in JuneDollar hits 15-week high against Japanese yenFed funds futures traders see 44 bps in cuts this yearBy Karen Brettell NEW YORK, July 15 (Reuters) - The dollar reached a 15-week high against the Japanese yen on Tuesday as U.S. consumer prices increased by the mos...Reuters
Tue, Jul 15
CANADA FX DEBT-Canadian dollar falls slightly, CPI data crimps rate-cut bets
Canadian dollar falls 0.1% against the greenbackDecline than for other G10 currenciesAnnual inflation rate increases to 1.9%10-year yield rises to one-year highBy Fergal Smith TORONTO, July 15 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Tuesday, but the loonie decl...Reuters
Tue, Jul 15
Canadian Dollar slumps after CPI inflation double-header prints higher in June
The Canadian Dollar (CAD) took a one-two punch on Tuesday after Consumer Price Index (CPI) inflation figures rose through the end of the second quarter on both sides of the 49th parallel. The Loonie fell back into recent lows post-CPI print, boosting the USD/CAD pair back above the 1.3700 handle.
Fxstreet
Tue, Jul 15
AUD/USD extends decline amid stronger US CPI data, Trump renews rate cut call
The Australian Dollar (AUD) weakened further against the US Dollar (USD) on Tuesday, following stronger-than-expected US inflation data that dampened hopes for a near-term interest rate cut. The Greenback surged across the board, pushing AUD/USD to 0.6510 during the American trading session.
Fxstreet
Tue, Jul 15
USD/JPY surges closer to 149.00 as US inflation climbs, Fed rate cut bets trimmed
The USD/JPY rallies sharply over 0.86% during the North American session, trading at 148.95, approaching the 149.00 figure for the first time since April 2025. A slightly hot CPI report in the United States (US) sent US Treasury yields soaring, while traders priced out a short-term rate cut.
Fxstreet
Tue, Jul 15
Brazil could ask US for more time to negotiate tariffs, VP says
BRASILIA, July 15 (Reuters) - Brazil will work to get the United States to reverse "as quickly as possible" the 50% tariff it announced on all goods from that country, but does not rule out asking for more time to negotiate, Vice President Geraldo Alckmin said on Tuesday."If more time is...Reuters
Tue, Jul 15
ANALYSIS-Investors seek protection from risk of Fed chief's ouster
Trump has called for Powell's resignation, lower interest ratesErosion of Fed independence could make financial assets more volatile Investors diversify portfolios amid Fed leadership uncertaintyBy Carolina Mandl, Matt Tracy, Gertrude Chavez-Dreyfuss NEW YORK, July 15 (Reuters) - President Do...Reuters
Tue, Jul 15
GBP/USD falls below 1.3400 as US inflation reignites Dollar rally
The GBP/USD extended its losses to four consecutive days after the latest inflation report in the United States (US) showed signs of rising, the first indication that tariffs triggered a jump in prices. At the time of writing, the pair trades below 1.3400, down by 0.23%.Fxstreet
Tue, Jul 15
Brazilian pulp giant Suzano sees no short-term impact from US tariff announcement
By Marcela Ayres BRASILIA, July 15 (Reuters) - Pulp maker Suzano SUZB3.SA has not seen any impact yet from the U.S. government's announcement that it would impose a 50% tariff on Brazilian goods, but is working on hedging strategies, an executive said on Tuesday.Brazil accounts for roughly 83...Reuters
Tue, Jul 15
FOREX-Dollar hits 15-week high against yen as consumer prices gain
US consumer prices picked up in JuneDollar hits 15-week high against Japanese yenFed funds futures traders see 48 bps in cuts this yearBy Karen Brettell NEW YORK, July 15 (Reuters) - The dollar reached a 15-week high against the Japanese yen on Tuesday after U.S. data that showed a rise in consum...Reuters
Tue, Jul 15
US consumers likely to bear tariff costs, says Brazilian pulpmaker
BRASILIA, July 15 (Reuters) - Pulpmaker Suzano SUZB3.SA believes that U.S. consumers will ultimately bear the additional costs stemming from the 50% tariff President Donald Trump announced he would impose on Brazilian imports, an executive said on Tuesday.Brazil accounts for roughly 83% of the total...Reuters
Tue, Jul 15
