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FOREX-Dollar falls as traders bet on more rate cuts
Dollar resumes fall on rate cut expectationsTraders focused on nominations for next Fed ChairBank of England expected to cut rates on ThursdayBy Karen Brettell NEW YORK, Aug 6 (Reuters) - The dollar dropped on Wednesday and the euro hit a one-week high as traders bet that the Federal Reserve will...Reuters
Wed, Aug 6
Brazil's July trade surplus narrows 6.3% as imports outpace exports
BRASILIA, Aug 6 (Reuters) - Brazil posted a trade surplus of $7.1 billion in July, down 6.3% from a year earlier, as imports grew at a faster pace than exports, official data showed on Wednesday. Exports rose 4.8% to $32.3 billion, while imports jumped 8.4% to $25.2 billion, driven by stron...Reuters
Wed, Aug 6
Brazil files WTO request for consultation over US tariffs
BRASILIA, Aug 6 (Reuters) - Brazil's government has filed a request for consultations at the World Trade Organization over the tariffs imposed by the United States on goods from that country, it said in a statement on Wednesday. President Donald Trump slapped a 50% tariff on U.S. imports from Br...Reuters
Wed, Aug 6
CANADA FX DEBT-Canadian dollar touches an eight-day high as risk appetite improves
Canadian dollar gains 0.2% against US currencyTouches its strongest since July 29 at 1.3740Services PMI rises to 49.3 in JulyTen-year yield extends rebound from a four-week lowBy Fergal Smith TORONTO, Aug 6 (Reuters) - The Canadian dollar strengthened to an eight-day high against its U.S. counter...Reuters
Wed, Aug 6
US jury deadlocks on Tornado Cash founder's money laundering charge
By Luc Cohen NEW YORK, August 6 (Reuters) - A U.S. jury deadlocked on Wednesday on money laundering and sanctions evasion charges against the founder of Tornado Cash, a firm that makes cryptocurrency transactions harder to track.The jury in Manhattan federal court could not reach a verdict on cha...Reuters
Wed, Aug 6
GBP/USD climbs to 1.3340 ahead of BoE meeting Fed speaker blitz
The GBP/USD climbs solidly during the North American session, up by 0.37% ahead of the Bank of England’s (BoE) meeting and as traders digest the recent Nonfarm Payroll figures, and over the weekend developments, that opened a spot for US President Trump to nominate a Fed Governor.
Fxstreet
Wed, Aug 6
Associated Capital Q2 net income triples, sets share buyback plan
OverviewAssociated Capital Q2 net income rises sharply to $18.6 mln from $3.0 mlnAssets under management increased to $1.34 bln at June 30, 2025Board authorizes repurchase of up to 150,000 additional sharesOutlookCompany expects vibrant M&A activity for the rest of the year, helping merger arbit...Reuters
Wed, Aug 6
Brazil files WTO request for consultation over US tariffs, Folha reports
SAO PAULO, Aug 6 (Reuters) - Brazil's government has filed a request for consultations at the World Trade Organization over the tariffs imposed by the United States on goods from that country, newspaper Folha de S.Paulo reported on Wednesday.Reuters
Wed, Aug 6
FOREX-Dollar falls as traders bet on more rate cuts
Dollar resumes fall on rate cut expectationsTraders focused on nominations for next Fed ChairBank of England expected to cut rates on ThursdayBy Karen Brettell NEW YORK, Aug 6 (Reuters) - The dollar dropped on Wednesday and the euro hit a one-week high as traders bet that the Federal Reserve will...Reuters
Wed, Aug 6
Kuke Music Partners With Global Classical Music Giant Naxos To Launch "Music Lego Engine"
Aug 6 (Reuters) - Kuke Music Holding Ltd KUKE.N:KUKE MUSIC PARTNERS WITH GLOBAL CLASSICAL MUSIC GIANT NAXOS TO LAUNCH "MUSIC LEGO ENGINE," RESHAPING CLASSICAL MUSIC FUTURE WITH AI, BLOCKCHAIN AND RWAReuters
Wed, Aug 6
Russian rouble, markets await outcome of Putin-Witkoff meeting
MOSCOW, Aug 6 (Reuters) - The Russian rouble and markets held their breath on Wednesday as they awaited the outcome of President Vladimir Putin's meeting with U.S. special envoy Steve Witkoff at the Kremlin.Witkoff and Putin had "useful and constructive" talks, a Kremlin aide Yuri Ushako...Reuters
Wed, Aug 6
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% higher at C$1.3746 to the greenback, or 72.75 U.S. cents, after trading in a range of 1.3744 to 1.3779.Canadian government 10-year bond yields CA1...Reuters
Wed, Aug 6
Canadian Dollar edges higher amid trade tensions and weak US Dollar
The Canadian Dollar (CAD) is trading with a mild bid tone against the US Dollar (USD) on Wednesday, albeit within a narrow range, as the Greenback remains on the defensive but holds firm near the lower end of its range established following last week’s Nonfarm Payrolls (NFP) report.
Fxstreet
Wed, Aug 6
USD/JPY: Likely to consolidate between 147.00 and 148.20 – UOB Group
The current price movements are likely part of a consolidation phase between 147.00 and 148.20. In the longer run, sharp drop in USD has scope to extend, but any decline may not break below 145.80, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Aug 6
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