News
Important Only
BUZZ-Week Ahead-Tariff diplomacy, Powell testimony, US CPI lead
Feb 10 (Reuters) - Any attempts by the U.S. and China to avert an outright trade war, Federal Reserve Chair Jerome Powell's semi-annual Congressional testimony and U.S. inflation data will keep traders on their toes this week.Beijing's counter-tariffs against the U.S. imposition of an ad...Reuters
Sun, Feb 9
Iran currency plunges to record lows amid escalating U.S. tensions
DUBAI, Feb 8 (Reuters) - Iran's currency fell on Saturday to a new all-time low against the U.S. dollar after the country's supreme leader rejected talks with the United States and President Donald Trump moved to restore his "maximum pressure" campaign on Tehran. The rial plunged to ...Reuters
Sat, Feb 8
Japan, US agree to have FX matters in the hands of finance chiefs, Ishiba says
TOKYO, Feb 8 (Reuters) - Japanese Prime Minister Shigeru Ishiba said he agreed with U.S. President Donald Trump that the two countries will leave foreign exchange-rate matters in the hands of their finance ministers."As was the case during the first Trump administration, we decided to continue c...Reuters
Fri, Feb 7
US Treasury taps former regulator Hood to lead bank watchdog
Rewrites throughout with details from Treasury Dept and OCC statements, backgroundBy Pete SchroederWASHINGTON, Feb 7 (Reuters) - The U.S. Treasury Department announced on Friday that Rodney Hood, a former credit union regulator, would take over as the acting head of a leading national bank regulator...Reuters
Fri, Feb 7
US Treasury appoints Hood as acting comptroller of the currency
WASHINGTON, Feb 7 (Reuters) - The U.S. Treasury Department has appointed Rodney Hood to serve as the acting comptroller of the currency from February 10, the Office of the Comptroller of the Currency said in a statement on Friday. The Treasury Department, separately, said Secretary Scott Bessent als...Reuters
Fri, Feb 7
CANADA FX DEBT-Canadian dollar posts biggest weekly gain in 23 months
Canadian dollar gains 0.2% against the greenbackFor the week, the loonie advances 1.7%Canada adds 76,000 jobs in JanuaryBond yields climb across the curveUpdates market pricingBy Fergal Smith TORONTO, Feb 7 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Friday, addin...Reuters
Fri, Feb 7
FOREX-US dollar rises on mixed jobs report, trade war threat
Dollar up after US payrolls reportU.S. job growth slowed in JanuaryTrump plans to announce reciprocal tariffs next weekUpdates with late U.S. tradeBy Hannah Lang NEW YORK, Feb 7 (Reuters) - The dollar rose in choppy trading on Friday after data showed that U.S. job growth slowed in January but th...Reuters
Fri, Feb 7
BUZZ-COMMENT-US recap: EUR/USD slides as tariff concerns return
Feb 7 (Reuters) - The dollar rose on Friday as tariff fears regained the spotlight, with U.S. President Donald Trump saying he plans to announce reciprocal tariffs on many countries next week, though he did not identify them.The tariff news overshadowed U.S. employment data for January, which was mi...Reuters
Fri, Feb 7
CANADA FX DEBT-Jobs data helps Canadian dollar pad big weekly gain
Canadian dollar gains 0.1% against the greenbackFor the week, the loonie advances 1.6%Canada adds 76,000 jobs in JanuaryBond yields climb across the curveBy Fergal Smith TORONTO, Feb 7 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Friday, adding to its weekly gain, ...Reuters
Fri, Feb 7
BUZZ-COMMENT-Buy or sell US exceptionalism remains the question for EUR/USD
Feb 7 (Reuters) - EUR/USD has been gravitating toward the 1.0350 level since mid-November, and its resilience to momentary spikes lower on major concerns such as U.S. tariffs suggests the market might be reluctant to buy into endless U.S. exceptionalism.How the market digests, in coming sessions, Fr...Reuters
Fri, Feb 7
BUZZ-COMMENT-Yen dip buyers emerge after US data
Dip buying of the yen has been a factor supporting the Japanese currency for about a month now and after Friday’s mixed U.S. jobs data report doesn't appear to have deterred that trend.Yen crosses have trimmed earlier gains and USD/JPY is well below its session high of 152.42 reached after the j...Reuters
Fri, Feb 7
FOREX-US dollar rises in choppy trading after jobs data
Dollar up after US payrolls reportU.S. job growth slowed in JanuaryUnemployment rate ticked down to 4.0%Updates with U.S. morning tradeBy Hannah Lang NEW YORK, Feb 7 (Reuters) - The dollar rose in choppy trading on Friday after data showed that U.S. job growth slowed in January but that the unemp...Reuters
Fri, Feb 7
FOREX-US dollar rises after jobs data shows lower unemployment rate
Dollar up after US payrolls reportU.S. job growth slowed in JanuaryUnemployment rate ticked down to 4.0%Updates after U.S. payrollsBy Hannah Lang and Harry Robertson NEW YORK/LONDON, Feb 7 (Reuters) - The U.S. dollar rose after data showed that U.S. job growth slowed in January but that the unemp...Reuters
Fri, Feb 7
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0% higher at C$1.4305 to the greenback, or 69.91 U.S. cents, after trading in a range of 1.4289 to 1.4345.Canadian government 10-year bond yields CA10YT=R...Reuters
Fri, Feb 7
GBP outperforms modestly – Scotiabank
The Pound Sterling (GBP) weakened following yesterday’s BoE policy decision, with the initial reaction driven by a dovish tilt to the policy vote split (hawkish MPC member Mann and one other voted for a 50bps cut), Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Fri, Feb 7
