News
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BUZZ-COMMENT-US recap: EUR/USD slides as dollar reaches 2-year high
Jan 2 (Reuters) - The U.S. dollar index rose to a two-year high on the first trading day of 2025, while the euro and pound sank after disappointing purchasing manager reports. The greenback was underpinned by data showing weekly jobless claims at an eight-month low and concerns about potential U.S. ...Reuters
Thu, Jan 2
BUZZ-COMMENT-Sterling set for worst start to a year since 2015
Jan 2 (Reuters) - A very weak start to the year for GBP/USD as the pair trips through the Q4 2024 lows around 1.25 to now trade below 1.24 and quickly close in on the 2024 trough at 1.23. Should cable close the session at current levels (1.2370) it would mark the weakest start to the year since 2015...Reuters
Thu, Jan 2
BUZZ-COMMENT-How much longer will USD/JPY bulls hold the advantage?
USD/JPY bulls remain in control, though time may soon run out. Thursday's decline in U.S. jobless claims may increase anticipation of a strong payrolls report, though the figures cover different survey periods. Though a soft ISM employment reading on Friday might temper optimism, the broader dollar...Reuters
Thu, Jan 2
UPDATE 1-Bolivia central bank vows to defend currency peg despite rising FX pressure
Updates with details from press conference, backgroundBy Daniel RamosLA PAZ, Jan 2 (Reuters) - Bolivia's central bank will defend its currency peg at 6.96 bolivianos per U.S. dollar, bank president Edwin Rojas said on Thursday, despite rising foreign exchange pressure due to sliding reserves that ha...Reuters
Thu, Jan 2
Bolivia central bank vows to defend currency peg despite rising FX pressure
LA PAZ, Jan 2 (Reuters) - Bolivia's central bank will defend its currency peg at 6.96 bolivianos per U.S. dollar, bank president Edwin Rojas said on Thursday, despite rising foreign exchange pressure due to sliding reserves that have roiled the South American country. (Reporting by Daniel Ramos) ((s...Reuters
Thu, Jan 2
Chilean peso weakens past 1,000 per dollar for first time since 2022
Jan 2 (Reuters) - The Chilean peso CLP= fell 0.7% against the U.S. dollar on Thursday, weakening past 1,000 per greenback for the first time since July 2022, as most Latin American currencies start 2025 on the back foot. (Reporting by Gabriel Araujo; Editing by Sarah Morland) ((Gabriel.Araujo2@thoms...Reuters
Thu, Jan 2
FOREX-Dollar at two-year high on growth outlook
Dollar index highest since November 2022Sterling drops 0.6% to lowest since April Yen pinned near five-month low Bets on Trump policies leading to stronger dollar remain in place Updated to New York morning timeBy Karen Brettell New York, Jan 2 (Reuters) - The U.S. dollar hit a two-year high on T...Reuters
Thu, Jan 2
BUZZ-COMMENT-Brand new year, same old problems for EUR/USD
Jan 2 (Reuters) - EUR/USD erased gains then struck a 26-month low on the first trading session of 2025 as apparent economic divergences between the U.S., euro zone and China appear set to plague the euro in the New Year. The latest data indicates China's economic growth, which the euro zone is depen...Reuters
Thu, Jan 2
BUZZ-COMMENT-Dollar firms but strong views weakly held to begin 2025
Jan 2 (Reuters) - The dollar has kicked off 2025 in similar vein to how it closed 2024, on the front foot. After a 7% rise in the greenback last year, the best yearly return since 2022, many factors that contributed to this outperformance remain in place. The path of least resistance remains tilted ...Reuters
Thu, Jan 2
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% lower at C$1.442 to the greenback, or 69.35 U.S. cents, after trading in a range of 1.437 to 1.4432.Canadian government 10-year bond yields CA10YT=RR f...Reuters
Thu, Jan 2
Sterling falls to nine-month low as dollar carries on climbing
By Alun JohnLONDON, Jan 2 (Reuters) - Sterling dropped to a near-nine month low against the dollar on Thursday, hurt by the U.S. currency's relentless rise on expectations of dollar-supportive policies from incoming President Donald Trump The pound was last down 0.82% on the day at $1.2422, its lowe...Reuters
Thu, Jan 2
FOREX-Dollar resumes upward trend, euro hits lowest since Nov 2022
Sterling drops 0.6% to lowest since April Yen pinned near five month low Bets on Trump policies leading to stronger dollar remain in place Investors brace for U.S. rates staying higher for longerUpdates after morning European tradeBy Alun John and Ankur BanerjeeLONDON/SINGAPORE, Jan 2 (Reuters) - Th...Reuters
Thu, Jan 2
BUZZ-COMMENT-History shows USD/ZAR usually climbs in January
Jan 2 (Reuters) - History shows that the U.S. dollar usually climbs against the South African rand in January but FX traders need to closely watch potential bearish fundamental and technical factors to see if the pattern will hold in 2025.USD/ZAR has risen in January for 17 of the past 25 years, or ...Reuters
Thu, Jan 2
