News
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Fed officials tilt dovish as US job market softens
More Fed officials express concern about labor marketFresh data underscores job market risks cited by Fed dissentersHeavy data docket looms ahead of September 16-17 Fed meetingBy Ann Saphir Aug 8 (Reuters) - Since the Federal Reserve's decision last month to hold interest rates steady, a shif...Reuters
Fri, Aug 8
AUD/USD extends rally as Fed rate cut bets grow, focus shifts to RBA
The Australian Dollar (AUD) is consolidating gains against the US Dollar (USD) on Friday, buoyed by weakness in the Greenback amid growing expectations that the Federal Reserve (Fed) will cut interest rates in September, following soft labor market data and signs of a slowing US economy.
Fxstreet
Fri, Aug 8
FOREX-Dollar heads for weekly loss on dovish Fed expectations
Dollar gains, but on track for weekly lossTrump's Fed appointments seen dovishTraders pricing in two US rate cuts this year By Karen Brettell NEW YORK, Aug 8 (Reuters) - The dollar firmed on Friday but was heading for a weekly fall as weakening economic data leads traders to price in the prob...Reuters
Fri, Aug 8
CANADA FX DEBT-Canadian dollar clings to weekly gain as rate-cut bets edge up after jobs data
Canadian dollar trades in a range of 1.3726 to 1.3762The loonie on track to add 0.3% for the weekCanada's economy sheds 40,800 jobs in JulyCanada-US 10-year yield spread widens by 6.6 basis pointsBy Fergal Smith TORONTO, Aug 8 (Reuters) - The Canadian dollar steadied against its U.S. counterp...Reuters
Fri, Aug 8
USD/CHF trades below 0.8100 as US tariffs disrupt Swiss gold exports
The Swiss Franc (CHF) remains subdued against the US Dollar (USD) on Friday, with USD/CHF hovering in a familiar range established this week, as traders weigh the latest US tariff decision targeting Swiss Gold exports and its potential fallout on Switzerland’s economy and trade relations.
Fxstreet
Fri, Aug 8
ANALYSIS-Investors betting voters in Bolivia will make a turn to the right
First round of Bolivia's presidential election scheduled for August 17International bonds rally on post-election policy shift hopes Debt repayments loom with reserves at record lowsProspects for IMF program seen as relief; painful reforms neededBy Johann M Cherian and Rodrigo Campos Aug 8 (R...Reuters
Fri, Aug 8
GBP/USD steady as BoE hawkish cut seen as last of 2025; Dollar boosted on Waller rumors
The GBP/USD remains steady during the North American session as the Greenback recovers some ground, even though traders seem convinced that the Bank of England’s (BoE) rate cut on Thursday may be the last during the year. At the time of writing, the pair trades at 1.3437, virtually unchanged.
Fxstreet
Fri, Aug 8
FOREX-Dollar heads for weekly loss on dovish Fed expectations
Dollar gains, but on track for weekly lossTrump's Fed appointments seen dovishTraders pricing in two US rate cuts this year By Karen Brettell NEW YORK, Aug 8 (Reuters) - The dollar firmed on Friday but was heading for a weekly fall as weakening economic data leads traders to price in the prob...Reuters
Fri, Aug 8
Russian rouble weakens against dollar on uncertainty over US-Russia talks
MOSCOW, Aug 8 (Reuters) - The Russian rouble weakened against the U.S. dollar on Friday on uncertainty surrounding a possible meeting between U.S. President Donald Trump and Russian President Vladimir Putin. By 1350 GMT the rouble was down 0.7% at 79.82 to the dollar, according to data compiled by L...Reuters
Fri, Aug 8
US VP Vance says he's not focused on 2028 election talk
SEVENOAKS, England, Aug 8 (Reuters) - U.S. Vice President JD Vance said on Friday he was not focused on the next presidential election after President Donald Trump suggested he was a front-runner to replace him."My view on the politics of 2028 is I'm not really focused even on the election i...Reuters
Fri, Aug 8
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.1% lower at C$1.3757 to the greenback, or 72.69 U.S. cents, after trading in a range of 1.3726 to 1.3762.Canadian government 10-year bond yields CA10YT=RR f...Reuters
Fri, Aug 8
Dollar firms but on track for weekly loss after Trump's Fed governor pick
Dollar firms slightly versus peersWeighed down this week by rate cut bets, Trump's Fed pick Traders pricing in two US rate cuts this year Pound boosted by narrow BoE vote to cut ratesBy Jaspreet Kalra and Lucy Raitano SINGAPORE/LONDON, Aug 8 (Reuters) - The dollar firmed slightly on Friday bu...Reuters
Fri, Aug 8
GBP tests 1.3450 area a number of times overnight – Scotiabank
Pound Sterling (GBP) reached a marginal new short term high in overnight trade as Asian markets caught up to the hawkish turn of events at yesterday’s BoE policy decision, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Aug 8
RPT-Sylvamo Q2 revenue misses estimates, forecasts stronger H2
OverviewSylvamo Q2 revenue falls 15% yr/yr to $794 mln, missing analysts' expectationsAdjusted EBITDA of $82 mln missed analyst estimatesCompany expects stronger performance in H2 due to reduced maintenance outagesOutlookSylvamo expects Q3 adjusted EBITDA of $145 mln to $165 mlnCompany projects ...Reuters
Fri, Aug 8
