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FOREX-Dollar weakest since 2021 against euro as Fed rate cuts bets rise
Euro highest since September 2021 against dollarU.S. consumer spending unexpectedly fell in MayTraders pricing in more dovish Federal ReserveBy Karen Brettell NEW YORK, June 27 (Reuters) - The dollar hit a fresh three-and-a-half-year low against the euro on Friday as traders bet that the Federal ...Reuters
Fri, Jun 27
Russian rouble flat versus US dollar after central bank's forex sales announcement
MOSCOW, June 27 (Reuters) - The Russian rouble traded flat against the U.S. dollar and was slightly lower against the Chinese yuan on Friday, following the central bank's move to slightly raise its forex purchases for the second half of the year. By 1335 GMT, the rouble RUB= traded at 78.37 per...Reuters
Fri, Jun 27
Canada's GDP contracts in April, likely another decline in May
April GDP contracts by 0.1%, likely similar drop in MayDecline led by 1.9% contraction in manufacturingWholesale trade sector also contracted by 1.9%Finance & insurance, public administration sectors growBy Promit Mukherjee OTTAWA, June 27 (Reuters) - Canada's economy contracted in April ...Reuters
Fri, Jun 27
World Bank urges aid for economies in conflict as US pushes cuts
By Rodrigo Campos June 27 (Reuters) - The goal of ending extreme poverty around the globe remains elusive partly due to compounding challenges faced by economies in fragile and conflict-affected situations (FCS) including food insecurity and weak government capacity, a report from the World Bank ...Reuters
Fri, Jun 27
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0% lower at C$1.3641 to the greenback, or 73.31 U.S. cents, after trading in a range of 1.3628 to 1.3663.Canadian government 10-year bond yields CA10YT=RR fel...Reuters
Fri, Jun 27
FOREX-Dollar hovers near 3-1/2-year low with market focus on US rate cuts, euro area inflation
Euro, sterling perched at highest since late 2021Inflation in France and Spain up in June US dollar index down 10% so far this yearBy Lucy Raitano and Ankur Banerjee LONDON/SINGAPORE, June 27 (Reuters) - The U.S. dollar was just above its lowest level in 3-1/2 years against the euro and sterling ...Reuters
Fri, Jun 27
UAE fund buys $100 million of Trump's World Liberty tokens
By Tom Wilson LONDON, June 27 (Reuters) - A United Arab Emirates-based fund has bought $100 million worth of digital tokens issued by World Liberty Financial, the crypto venture of U.S. President Donald Trump's family, becoming its largest publicly known investor. Aqua 1 Foundation said in a ...Reuters
Fri, Jun 27
China's central bank pledges to speed up policy response to economic conditions
BEIJING, June 27 (Reuters) - China's central bank said on Friday that it would adjust the pace and intensity of policy implementation in response to domestic and global economic and financial conditions.The world's No.2 economy has faced pressure this year due to U.S. President Donald Trump&...Reuters
Fri, Jun 27
EUR consolidates rally just below Thursday’s multi-year high – Scotiabank
The Euro (EUR) is quietly consolidating this week’s rally to a fresh multi-year high and entering Friday’s NA session largely unchanged against the US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Fri, Jun 27
JPY: Some relief from inflation – Commerzbank
Inflation in the Greater Tokyo Area, a reliable early indicator of price trends throughout Japan, rose less sharply than expected in June. Prices rose by 3.1% year-on-year, compared with a rise of 3.4% during the previous month, Commerzbank's FX analyst Volkmar Baur notes.Fxstreet
Fri, Jun 27
USD/JPY: Any advance is unlikely to break clearly above 145.55 – UOB Group
US Dollar (USD) could rebound further against Japanese Yen (JPY), but any advance is unlikely to break clearly above 145.55. In the longer run, USD appears to have moved into a range trading phase between 143.50 and 146.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Jun 27
Dollar question hovers over top central bankers meeting in Sintra
Heads of Fed, ECB, BoJ, BoE and BoK meetInvestors await comments on trade, dollar statusBy Francesco Canepa and Balazs Koranyi FRANKFURT, June 27 (Reuters) - A million-dollar question will hang over the world's top central bankers when they meet in Sintra, Portugal, next week: Is the monetary...Reuters
Fri, Jun 27
