News
Important Only
Australia cuts interest rates, signals more to come as inflation slows
RBA cuts rates by 25bp to 3.6%, third cut this yearBullock says forecasts centred on a few more cutsAustralian dollar slips 0.2%, bonds reverse earlier lossesBy Stella Qiu and Wayne Cole SYDNEY, Aug 12 (Reuters) - Australia's central bank cut interest rates on Tuesday for a third time this ye...Reuters
Tue, Aug 12
EUR/GBP softens to below 0.8650 after UK employment data
The EUR/GBP cross loses traction to around 0.8640 during the early European session on Tuesday. The Pound Sterling (GBP) strengthens against the Euro (EUR) after the UK employment data. Traders will keep an eye on the Zew Survey from the Eurozone and Germany later on Tuesday.
Fxstreet
Tue, Aug 12
COLUMN-Treasuries have dozed off for the summer: Mike Dolan
By Mike DolanLONDON, Aug 12 (Reuters) - The Treasury market appears to have nodded off while the stock market cruises at record highs. It may just be the summer doldrums, but it's a head-scratcher for investors who've fretted about a looming bust-up in both.The implementation of U.S. Preside...Reuters
Tue, Aug 12
USD/CAD hovers below 1.3800 amid improved Oil prices ahead of US inflation data
USD/CAD stays silent after registering gains in the previous three consecutive days, trading around 1.3780 during the Asian hours on Tuesday. The pair may face challenges as the commodity-linked Canadian Dollar (CAD) receives support from improved crude Oil prices.
Fxstreet
Tue, Aug 12
EUR/CAD Price Forecast: Wobbles above 1.6000 ahead of Eurozone ZEW Survey data
The EUR/CAD pair trades in a tight range around 1.6020 during the late Asian trading session on Tuesday. The pair consolidates ahead of the Eurozone EW Survey – Economic Sentiment data for August, which will be published at 09:00 GMT.
Fxstreet
Tue, Aug 12
Australia dollar barely blinks at rate cut, more priced in
By Wayne Cole SYDNEY, Aug 12 (Reuters) - The Australian dollar barely budged on Tuesday after the country's central bank cut interest rates as expected and stayed cautious on the outlook for more, leaving markets anticipating a three-month break until the next likely easing.In a unanimous dec...Reuters
Tue, Aug 12
FOREX-Dollar advances against yen ahead of US inflation data
Risks skewed to modest dollar gains after CPI: TD Securities Traders watch for signs of tariff pressures in CPI dataAussie largely shrugs off widely expected RBA rate cutBy Kevin Buckland TOKYO, Aug 12 (Reuters) - The dollar firmed against the yen on Tuesday and held its ground against the euro a...Reuters
Tue, Aug 12
AUD/NZD retreats from multi-week top, flat lines around 1.0965 post-RBA rate decision
The AUD/NZD cross surrenders modest intraday gains to a nearly four-week high, around the 1.0980-1.0985 region touched during the Asian session this Tuesday after the Reserve Bank of Australia (RBA) announced its policy decision.
Fxstreet
Tue, Aug 12
AUD/JPY trims gains near 96.50 as RBA cuts rate to 3.60% as expected
The AUD/JPY cross pares gains to 96.60 during the Asian trading hours on Tuesday. The Australian Dollar (AUD) remains firm against the Japanese Yen (JPY) after the Reserve Bank of Australia (RBA) interest rate decision.
Fxstreet
Tue, Aug 12
Australia's central bank cuts rates to two-year low of 3.60%
SYDNEY, Aug 12 (Reuters) - Australia's central bank on Tuesday cut its main cash rate by a quarter point to a two-year low of 3.60%, citing a slowdown in inflation and a looser labour market, though it was cautious on the prospect of further easing.Wrapping up a two-day policy meeting, the Reser...Reuters
Tue, Aug 12
USD/INR flattens as investors await India-US CPI data for July
The Indian Rupee (INR) flattens around 87.80 against the US Dollar (USD) at open on Tuesday. The USD/INR pair trades sideways ahead of the release of the Consumer Price Index (CPI) data for July from both India and the United States (US), which will be published during the day.Fxstreet
Tue, Aug 12
Silver Price Forecast: XAG/USD rises to near $38.00, US CPI data in focus
The Silver price (XAG/USD) attracts some buyers near $37.90 during the Asian trading hours on Tuesday. The white metal edges higher amid rising expectations that the US Federal Reserve (Fed) will deliver an interest rate cut in its September meeting.
Fxstreet
Tue, Aug 12
Japanese Yen slides to over one-week low against mostly flat USD amid BoJ uncertainty
The Japanese Yen (JPY) drifts lower against its American counterpart for the third straight day and slides to a one-and-a-half-week low during the Asian session on Tuesday. Against the backdrop of political uncertainty, the potential negative impact of higher US tariffs on the domestic economy...
Fxstreet
Tue, Aug 12
Australian Dollar steadies as US extends China tariff deadline, RBA decision eyed
The Australian Dollar (AUD) maintains its position against the US Dollar (USD) on Tuesday ahead of the interest rate decision by the Reserve Bank of Australia. The AUD/USD pair may appreciate as US President Donald Trump has extended the China tariff deadline by another 90 days.
Fxstreet
Tue, Aug 12
