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Australia, NZ dollars edge away from lows, jobs data no worse than expected
By Wayne Cole SYDNEY, Aug 6 (Reuters) - The Australian and New Zealand dollars inched further away from multi-week lows on Wednesday as their U.S. counterpart struggled with swelling rate-cut wagers, while the kiwi found support in jobs data that were no worse than expected.While New Zealand unem...Reuters
Wed, Aug 6
FOREX-Dollar drifts as investors await Fed governor replacement
By Rae Wee SINGAPORE, Aug 6 (Reuters) - The dollar was rangebound on Wednesday, with investors choosing to stay on the sidelines ahead of U.S. President Donald Trump's pick to fill a coming vacancy on the Federal Reserve's Board of Governors.Trump said on Tuesday he will decide on a nomin...Reuters
Wed, Aug 6
NZD/USD gathers strength above 0.5900 after New Zealand’s employment data
The NZD/USD pair edges higher to near 0.5910 during the early Asian session on Wednesday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) after data shows New Zealand’s Unemployment Rate came in better than expected.
Fxstreet
Wed, Aug 6
USD/CAD holds steady above 1.3770, Carney announces support measures for lumber industry
The USD/CAD pair flat lines near 1.3770 during the early Asian session on Wednesday. The Canadian Dollar (CAD) trades unchanged against the US Dollar as crude oil prices decline, and data show a widening of the Canadian trade deficit, which was close to expectations.
Fxstreet
Tue, Aug 5
International General Insurance's Q2 net income rises 3.9%
OverviewIGI Q2 net income rises 3.9% yr/yr to $34.1 mlnCore operating income for Q2 misses analyst expectations, impacted by currency movementsGross written premiums for Q2 fall 8.6% yr/yr, reflecting competitive market conditionsOutlookCompany notes increasing competition in certain market areasIGI...Reuters
Tue, Aug 5
Innospec Q2 revenue beats estimates
OverviewInnospec Q2 rev rises 1% to $439.7 mln, beating analyst expectationsAdjusted EPS for Q2 just misses analyst estimates at $1.26, per LSEG dataCo repurchased $8.2 mln in shares, maintaining a debt-free balance sheetOutlookInnospec expects no Latin America activity resumption this yearCompanyex...Reuters
Tue, Aug 5
FOREX-US dollar gains as market awaits Fed board appointee, inflation data
Traders boost bets on Fed easing moves extending through 2026Goldman Sachs expects Fed to deliver three consecutive rate cutsInvestors still concerned about tariff impact Kugler's replacement could mean dovish Fed, weak dollarBy Gertrude Chavez-Dreyfuss NEW YORK, Aug 5 (Reuters) - The U.S. do...Reuters
Tue, Aug 5
Canada's Kits Eyecare Q2 revenue up 31% to $49.6 mln
OverviewKits Eyecare Q2 revenue rises 31% yr/yr to record $49.6 mlnAdjusted EBITDA improves 96%, marking 11th consecutive positive quarterNet loss due to non-operating exchange losses, gross profit rises 45%OutlookKits Eyecare sees Q3 2025 revenue between C$52.0 mln and C$54.0 mlnCompany expects Q3 ...Reuters
Tue, Aug 5
Forex Today: Trade is expected to remain centre stage. The RBI is seen on hold.
The US Dollar (USD) extended its auspicious start to the week into Tuesday, posting decent gains amid ongoing debates over the White House’s trade policy, speculation about additional Federal Reserve rate cuts, and uncertainty over who will succeed Chair Jerome Powell.Fxstreet
Tue, Aug 5
Canadian PM Carney promises support for Canadian lumber industry
Canadian Prime Minister Mark Carney announced on Tuesday that the Canadian government would extend favorable loan guarantees to the Canadian softwood lumber industry, which is grappling with tariff impacts that are dragging down exports to the US.Fxstreet
Tue, Aug 5
CANADA FX DEBT-Canadian dollar steadies as trade data meets expectations
Loonie trades in a range of 1.3764 to 1.3810Trade deficit widens to C$5.9 billion in JunePrice of oil decreases 1.4%Ten-year yield rebounds from earlier four-week lowBy Fergal Smith Aug 5 (Reuters) - The Canadian dollar was barely changed against its U.S. counterpart on Tuesday as oil prices fell...Reuters
Tue, Aug 5
Brazil's Lula rejects calling Trump, says will defend interests at WTO
BRASILIA, Aug 5 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Tuesday said that his country would use all available resources, including the Word Trade Organization, to defend its interests as the U.S. prepares to impose tariffs on Brazilian goods. Lula told an event in Brasilia ...Reuters
Tue, Aug 5
Pfizer raises 2025 profit forecast as cost-cutting program gains traction
Quarterly sales, profit come in above Wall Street estimatesNew profit forecast includes one-time deal charge, some tariff costsSales of COVID products surpass analysts' expectationsBy Bhanvi Satija and Michael Erman Aug 5 (Reuters) - Pfizer PFE.N said its full-year profit should benefit from ...Reuters
Tue, Aug 5
GBP/USD edges higher as US data weakens, Fed credibility questioned
The GBP/USD advances during the North American session, registers modest gains of over 0.07% following last week’s dismal jobs report and soft data reported earlier. At the time of writing, the pair trades at 1.3305.Fxstreet
Tue, Aug 5
FOREX-US dollar rises as market eyes Fed chair successor
Traders boost bets on Fed easing moves extending through 2026Goldman Sachs expects Fed to deliver 3 consecutive rate cutsFed could harden its view to protect independence, analysts sayInvestors still concerned about the tariff impact By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN,...Reuters
Tue, Aug 5
