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Canadian Dollar makes fresh headway following another Fed rate cut
The Canadian Dollar (CAD) found fresh 11-week highs against the US Dollar (USD) on Wednesday. The Bank of Canada (BoC) held interest rates steady, while the Federal Reserve (Fed) delivered its third straight interest rate cut, propping up the Loonie and sending the Greenback lower.
Fxstreet
Thu, Dec 11
USD/JPY slumps to near 156.00 after Fed cuts rates
The USD/JPY pair tumbles to near 156.00 during the early Asian session on Thursday. The US Dollar (USD) weakens against the Japanese Yen (JPY) after the Federal Reserve (Fed) lowered interest rates in a widely expected move. The US weekly Initial Jobless Claims are due later on Thursday.
Fxstreet
Thu, Dec 11
US dollar tumbles after Fed cuts rates, Powell comments
The U.S. dollar fell against major peers including the euro, Swiss franc, and Japanese yen on Wednesday after the Federal Reserve lowered interest rates in a widely-expected move, but indicated it will likely pause its easing cycle at the next policy meeting in January.Reuters
Thu, Dec 11
NZD/USD trades above 0.5800, over two-month top amid dovish Fed-inspired USD weakness
The NZD/USD pair holds steady above the 0.5800 mark, close to an over two-month high touched the previous day, during the Asian session. Moreover, the fundamental backdrop favors bullish traders and suggests that the path of least resistance for spot prices remains to the upside.
Fxstreet
Thu, Dec 11
Industrial equipment maker Nordson's Q4 sales miss estimates
OverviewPrecision technology firm's Q4 sales rose 1% but missed analyst expectationsAdjusted EPS for Q4 beat analyst expectationsOutlookNordson forecasts fiscal 2026 sales between $2.83 bln and $2.95 blnCompany expects fiscal 2026 adjusted EPS between $10.80 and $11.50Nordson sees Q1 fiscal 2026...Reuters
Wed, Dec 10
CANADA FX DEBT-Canadian dollar notches 2-1/2 month high as BoC moves to the sidelines
Loonie gains 0.4% against the U.S. dollarTouches its strongest since September 22BoC leaves its policy rate on hold at 2.25%Canadian bond yields ease across the curveBy Fergal Smith TORONTO, Dec 10 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Wednesday as the Bank ...Reuters
Wed, Dec 10
US dollar slides after Fed cuts rates, as expected
By Chibuike Oguh and Gertrude Chavez-Dreyfuss NEW YORK, Dec 10 (Reuters) - The U.S. dollar fell against major peers including the euro, Swiss franc, and Japanese yen on Wednesday after the Federal Reserve lowered interest rates in a widely expected move, but indicated it will likely pause its eas...Reuters
Wed, Dec 10
FOREX-Dollar loses ground against peers after Fed cuts rates
NEW YORK, Dec 10 (Reuters) - The U.S. dollar extended losses against major peers including the euro, Swiss franc, and Japanese yen on Wednesday after the Federal Reserve lowered interest rates in a widely expected move. The Fed's decision to lower the benchmark policy rate by a quarter of...Reuters
Wed, Dec 10
EUR/USD climbs as Fed rate cut expectations pressure US Dollar
EUR/USD posts modest gains on Wednesday as the last monetary policy meeting by the Fed, looms with investors seem confident that the central bank will reduce rates. Consequently, the Greenback is pressured as seen by the pair which trades at 1.1658 up 0.27%.Fxstreet
Wed, Dec 10
CANADA FX DEBT-Canadian dollar edges higher as BoC moves to the sidelines
Loonie gains 0.1% against the U.S. dollarBoC leaves its policy rate on hold at 2.25%Price of oil decreases 0.2% Canadian bond yields ease across the curveBy Fergal Smith TORONTO, Dec 10 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Wednesday but the move was limited...Reuters
Wed, Dec 10
FOREX-US dollar retreats amid overall caution ahead of Fed decision
Markets brace for a Fed hawkish rate cutBOJ is expected to hike in December, but fiscal policy in focusEuro supported by a more hawkish rate outlookBank of Canada holds rates steadyBy Stefano Rebaudo and Gertrude Chavez-Dreyfuss MILAN/NEW YORK, Dec 10 (Reuters) - The U.S. dollar weakened on W...Reuters
Wed, Dec 10
GBP/USD firms as dovish repricing for Fed and BoE boosts upside momentum
Sterling advances during the North American session as the US Dollar weakens on expectation that the Federal Reserve will cut rates, later in the day. At the time of writing, the GBP/USD trades at 1.3336 after bouncing off daily lows of 1.3288.Fxstreet
Wed, Dec 10
