News
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RPT-COLUMN-$1 trillion basis trade has barely barked, let alone bitten: McGeever
By Jamie McGeeverORLANDO, Florida, May 7 (Reuters) - Amid all the uncertainty surrounding U.S. growth, Federal Reserve policy, and the attractiveness of the dollar, the U.S. bond market is remarkably tranquil, calling into question long-held fears about the massive 'basis trade'.While Treasu...Reuters
Thu, May 8
Australia, NZ dollars bounce on hopes for progress in US tariff stalemate
By Wayne Cole SYDNEY, May 8 (Reuters) - The Australian and New Zealand dollars bounced on Thursday, as hopes for progress in U.S. trade talks globally helped offset a more hawkish outlook on U.S. interest rates that lifted the greenback overnight.Risk assets received a boost after President Donal...Reuters
Thu, May 8
FOREX-Dollar on front foot after Fed signals no rush to cut rates
Fed flags rising risks of higher inflation and unemploymentPowell says appropriate policy response "not at all clear"Investors watching Sino-U.S. talks on Saturday in SwitzerlandBy Kevin Buckland TOKYO, May 8 (Reuters) - The U.S. dollar held steady against the euro on Thursday following i...Reuters
Thu, May 8
Bank of England set to cut rates amid worries about Trump tariff fallout
BoE expected to cut rates by a quarter point to 4.25%First BoE forecasts since Trump's April 2 tariffs announcement Central bank seen lowering its inflation projectionsInvestors watching for signals of any change in rate cut paceBy William Schomberg LONDON, May 8 (Reuters) - The Bank of Engla...Reuters
Wed, May 7
EUR/USD continues to churn after cautious Fed disappoints markets
EUR/USD stuck to its middling ways on Wednesday, remaining entrenched near the 1.1300 handle after the Federal Reserve’s (Fed) latest rate call went about as well as traders expected, albeit with a fresh batch of “wait-and-see” warnings from Fed Chair Jerome Powell.
Fxstreet
Wed, May 7
RPT-EXCLUSIVE-Ukraine considers shift from dollar to euro amid geopolitical realignments
Hryvnia was launched in 1996, and over the decades has used the dollar as the reference currency EU membership talks influence Ukraine's currency considerationsUkraine expects $55 billion in external financing for 2025, central bank chief Pyshnyi saysBy Karin Strohecker and Olena Harmash LOND...Reuters
Wed, May 7
EXCLUSIVE-Ukraine considers shift from dollar to euro amid geopolitical realignments
Hryvnia was launched in 1996, and over the decades has used the dollar as the reference currency EU membership talks influence Ukraine's currency considerationsUkraine expects $55 billion in external financing for 2025, central bank chief Pyshnyi saysBy Karin Strohecker, Olena Harmash LONDON,...Reuters
Wed, May 7
FOREX-Dollar retains strength against peers after Fed rate decision
Federal Reserve leaves interest rates unchangedDollar gains against yen and Swiss francEuro edges down versus the dollarPound sterling weakens ahead of BoE rate decisionBy Chibuike Oguh NEW YORK, May 7 (Reuters) - The U.S. dollar remained slightly stronger against major currencies including the y...Reuters
Wed, May 7
CANADA FX DEBT-Canadian dollar weakens as Fed signals patience on rate cuts
Canadian dollar falls 0.3% against the greenbackTrades in a range of 1.3764 to 1.3820Price of US oil settles 1.7% lowerBond yields ease across a flatter curveBy Fergal Smith TORONTO, May 7 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Wednesday as oil prices fell and in...Reuters
Wed, May 7
FOREX-Dollar retains strength against peers after Fed rate decision
By Chibuike OguhNEW YORK, May 7 (Reuters) - The U.S. dollar remained slightly stronger against major currencies including the yen and the euro on Wednesday after the Federal Reserve left interest rates unchanged, in line with market expectations. The Fed kept its benchmark interest rate steady in th...Reuters
Wed, May 7
Brazil April trade surplus dips 3.3%, in line with expectations
BRASILIA, May 7 (Reuters) - Brazil's trade surplus dipped slightly by 3.3% in April from a year earlier, official data showed on Wednesday, but came in broadly in line with market expectations.The trade surplus for Latin America's largest economy totaled $8.2 billion, compared with a forecas...Reuters
Wed, May 7
EUR/USD jumps despite Fed rate hold as markets still see cut in July
EUR/USD churned within intraday levels after the Federal Reserve (Fed) held interest rates at 4.5% on Wednesday. Markets had broadly forecast a flat stance from the Fed for its May rate call, but the key for investors will be how much the Fed shifts its stance toward future rate cuts.Fxstreet
Wed, May 7
EUR/GBP Price Analysis: Euro holds steady near 0.8500 as mixed signals persist
The EUR/GBP pair remained relatively flat on Wednesday, hovering near the 0.8500 zone after the European session. Price action was contained within a narrow range, reflecting a market lacking clear directional momentum.
Fxstreet
Wed, May 7
FOREX-Dollar edges higher against yen and euro with Fed and trade talks in focus
Trade negotiations, Treasury auction support the greenbackInvestors await Fed policy meeting outcomeEuro edges down versus the dollarBy Chibuike Oguh and Stefano Rebaudo NEW YORK, May 7 (Reuters) - The U.S. dollar edged higher against the yen and the euro on Wednesday as traders awaited the outco...Reuters
Wed, May 7
