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Swiss Franc gains as US Dollar weakens despite Fed Chair Warsh’s hawkish remarks
USD/CHF holds losses after registering modest gains in the previous day, trading around 0.8090 during the Asian hours on Monday. The currency pair edges lower as the US Dollar (USD) weakens following comments from Goldman Sachs chief economist Jan Hatzius.
Fxstreet
Mon, Aug 31
Silver Price Forecast: XAG/USD falls to near $66.00 amid Fed Chair Warsh’s hawkish tone
Silver price (XAG/USD) extends its losses for the second successive day, trading around $66.10 per troy ounce during the Asian hours on Monday. The non-yielding Silver declined following hawkish remarks from Federal Reserve (Fed) Chair Kevin Warsh.
Fxstreet
Mon, Aug 31
New Zealand Dollar inches higher as China’s Manufacturing PMI ticks up in August
NZD/USD remains subdued for the second successive day, trading around 0.5910 during the Asian hours on Monday. However, the NZD/USD pair pares some of its daily losses as the New Zealand Dollar receives minor support following the release of China's NBS Purchasing Managers' Index (PMI) data.
Fxstreet
Mon, Aug 31
US Treasury Secretary Bessent: Japanese Yen moves 'pretty contained' and not disorderly
US Treasury Secretary Scott Bessent said on Sunday recent Japanese Yen (JPY) moves were "pretty well contained," suggesting the Japanese currency's renewed weakness were not seen as the kind of disorderly moves that led to a rare joint Japan-US intervention last month, Reuters reported.Fxstreet
Sun, Aug 30
South Korea Industrial Output Growth: 0.2% (July) vs previous 6.4%
Fxstreet
Sun, Aug 30
South Korea Industrial Output (YoY): 3.6% (July) vs previous 5.8%
Fxstreet
Sun, Aug 30
South Korean Won: BoK front-loading hikes as KRW consolidates – Commerzbank
Commerzbank’s Charlie Lay reports the Bank of Korea has delivered back-to-back 25bp hikes to 3.0%, front-loading tightening as growth and core inflation forecasts rise. The bank signals one more hike over six months but may pause to assess effects.Fxstreet
Fri, Aug 28
Mexican Peso tumbles as Warsh embarks on inflation fight
The Mexican Peso depreciates against the US Dollar on Friday, down by over 0.42% on hawkish remarks by Fed Chair Kevin Warsh at the Jackson Hole Symposium. This prompted investors to price in a potential rate hike in 2026, a tailwind for the Greenback.
Fxstreet
Fri, Aug 28
British Pound tumbles as Warsh revives Fed hike bets
The Pound Sterling tumbles versus the Greenback on Friday as the Federal Reserve Chair Kevin Warsh puts inflation as the priority on the Fed, increasing the likelihood of an interest rate hike later in the year. The GB/USD trades at 1.3538, down 0.40%.Fxstreet
Fri, Aug 28
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