News
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Japanese Yen bulls seem reluctant as trade tensions offset BoJ rate hike bets
The Japanese Yen (JPY) attracts some buyers following the release of stronger-than-expected Japan's Producer Price Index (PPI) on Thursday, which reaffirms bets that the Bank of Japan (BoJ) will hike rates further.
Fxstreet
Thu, Feb 13
Australian Dollar struggles despite a rise in Consumer Inflation Expectations
The Australian Dollar (AUD) continues to decline against the US Dollar (USD) on Thursday, struggling despite a rise in Australia’s Consumer Inflation Expectations, which increased to 4.6% in February from 4.0% previously.
Fxstreet
Thu, Feb 13
FOREX-Yen on back foot after US inflation data, euro buoyed by Ukraine peace talks
Hotter-than-expected US inflation data pushes up Treasury yieldsFed expected to maintain higher interest rates longerEuro firms as US plans Russia-Ukraine peace talksBy Brigid Riley TOKYO, Feb 13 (Reuters) - The U.S. dollar held near a one-week high against the Japanese yen on Thursday after a ho...Reuters
Thu, Feb 13
BUZZ-USD/JPY up on high US CPI, longer Fed pause, with US rates
USD/JPY up on fastest US CPI rise in 1 1/2 yrs, longer Fed pause viewUS rates see another pop, 2s as high as 4.388%, 10s as high as 4.660%US yields off some from high but still firm, 2s @4.355%, 10s @4.619%JGB rates firm too but more upside for US rates, rate differential widerUSD/JPY 152.45 to 154....Reuters
Thu, Feb 13
Australia, NZ dollars whipsawed by geopolitics, yield spike
By Wayne Cole SYDNEY, Feb 13 (Reuters) - The Australian and New Zealand dollars steadied on Thursday after a volatile ride as talk of a possible pause in the Russian-Ukraine war boosted risk sentiment and helped offset a spike in U.S. Treasury yields.Both currencies had slipped on Wednesday when ...Reuters
Thu, Feb 13
Trump may dust off 1930 trade discrimination law to back reciprocal US tariffs
Section 338 precedes Most Favored Nation tariff systemLaw allows 50% tariffs for countries discriminating against US commerce Trump has favored tools that allow immediate tariffs in new termUpdates tariffs story link in first paragraphBy David Lawder WASHINGTON, Feb 12 (Reuters) - President Donal...Reuters
Wed, Feb 12
CANADA FX DEBT-Canadian dollar steadies near 8-week high as tariff risk lingers
Loonie touches its strongest since Dec. 17Price of U.S. oil settles 2.7% lower10-year yield rises 8.3 basis pointsBy Fergal Smith TORONTO, Feb 12 (Reuters) - The Canadian dollar steadied against its U.S. counterpart on Wednesday, with the currency unable to sustain a move out of its recent tradin...Reuters
Wed, Feb 12
FOREX-Dollar gains on yen as consumer prices rise more than expected
Consumer prices rise more than economists expectedFed seen cutting rates only one time this yearUS President Trump vows to impose tariffsUpdated in New York afternoon timeBy Karen Brettell NEW YORK, Feb 12 (Reuters) - The U.S. dollar jumped to a one-week high against the Japanese yen on Wednesday...Reuters
Wed, Feb 12
BUZZ-COMMENT-US recap:EUR/USD rises on Ukraine optimism
Feb 12 (Reuters) - The dollar index reversed a gain following a stronger-than-expected U.S. consumer inflation print as progress toward a possible Ukraine war resolution lifted the euro. Treasury yields jumped after a report that CPI was up 0.5% in January and its core measure rose by 0.4%, topping...Reuters
Wed, Feb 12
