News
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USD/INR opens marginally higher on India Rupee’s continued underperformance
The Indian Rupee (INR) opens slightly negative around 87.70 against the US Dollar (USD) at the start of the week. The USD/INR ticks up as the Indian Rupee continues to underperform due to United States (US)-India trade tensions.Fxstreet
Mon, Aug 11
USD/CHF falls toward 0.8050 as traders expect multiple rate cuts by Fed
USD/CHF loses ground after two days of gains, trading around 0.8060 during the Asian hours on Monday. The pair edges lower due to rising odds of the Federal Reserve (Fed) delivering multiple rate cuts by the end of this year.
Fxstreet
Mon, Aug 11
USD/CAD steadies near 1.3750 as weak US data fuel Fed rate cut bets
USD/CAD inches lower after two days of losses, trading around 1.3750 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) faces challenges amid recent weakening in US economic data, which prompted traders to price in the possibility of more interest rate cuts this year.
Fxstreet
Mon, Aug 11
Australian dollar holds steady ahead of expected rate cut, kiwi flat
RBA's 25-bp rate cut fully priced in after shock last monthKey is how it communicates future movesAUD, NZD subdued after gains last week SYDNEY, Aug 11 (Reuters) - The Australian dollar held gains on Monday, with markets bracing for a central bank policy meeting this week where a rate cut is ...Reuters
Mon, Aug 11
Japanese Yen struggles to lure buyers amid mixed BoJ rate hike cues
The Japanese Yen (JPY) kicks off the new week on a subdued note amid relatively thin liquidity on the back of the Mountain Day holiday in Japan. Traders also seem reluctant to place aggressive directional bets amid mixed Bank of Japan (BoJ) rate hike cues.
Fxstreet
Mon, Aug 11
FOREX-Dollar steady before inflation report, US-China tariff deadline
By Gregor Stuart Hunter SINGAPORE, Aug 11 (Reuters) - The U.S. dollar stabilised on Monday after last week's losses, as markets await Tuesday's key U.S. CPI report for July and focus on developments in trade talks between Washington and Beijing ahead of a deadline to avoid the imposition ...Reuters
Mon, Aug 11
WEEKAHEAD-Rupee outlook hinges on US tariffs, RBI action; bonds to track inflation data
By Dharamraj Dhutia and Nimesh Vora MUMBAI, Aug 11 (Reuters) - The Indian rupee's trajectory will depend on developments around U.S. tariffs and the Reserve Bank of India's response if the currency comes under renewed pressure, while government bonds will track inflation data from both I...Reuters
Mon, Aug 11
Bessent says new Fed chair should be someone who can examine organization, Nikkei reports
TOKYO, Aug 11 (Reuters) - U.S. Treasury Secretary Scott Bessent said the new Federal Reserve chair should be someone "who can examine the whole organization" as the Fed's mission has included so many things outside of monetary policy and has put its independence at risk, Japan's Nikk...Reuters
Sun, Aug 10
Lula and Putin discuss peace in Ukraine before US summit
BRASILIA, Aug 9 (Reuters) - Brazilian President Luiz Inacio Lula da Silva spoke with Russia's President Vladimir Putin on Saturday for about 40 minutes, the Brazilian presidential palace said, adding that Putin shared information about his discussions with the United States and "recent peace...Reuters
Sat, Aug 9
Putin called Lula, spoke about US, Ukraine, Brazil says
BRASILIA, Aug 9 (Reuters) - Brazilian President Luiz Inacio Lula da Silva on Saturday spoke with Russia's Vladimir Putin for about 40 minutes, the Brazilian presidential palace said, adding Putin shared information about his discussions with the United States, and "recent peace efforts betwe...Reuters
Sat, Aug 9
Trump’s team expands search for Fed Chair, adding new names to list, WSJ reports
Aug 8 (Reuters) - U.S. President Donald Trump's team is reviewing new contenders to be the next chairman of the Federal Reserve, with a longtime economic consultant and a past Fed president added to the list, the Wall Street Journal reported on Friday.The Fed chair candidates include former St. ...Reuters
Fri, Aug 8
