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EUR/USD falls below 1.17 as profit-taking lifts US Dollar
EUR/USD erases some of last Friday’s gains and drops 0.93% as the Greenback stages a recovery, following dovish remarks by Federal Reserve (Fed) Chair Jerome Powell. Expectations that the Fed will cut rates in September triggered the Euro’s (EUR) advance.
Fxstreet
38 minutes ago
FOREX-Dollar rebounds from slump spurred by Powell's dovish surprise
Powell's Jackson Hole speech upped expectations for September cutOdds of Fed cut next month at 84% Euro expected to extend 12% year-to-date gain as Fed cuts nearFocus on US inflation, labor market dataBy Laura Matthews NEW YORK, Aug 25 (Reuters) - The dollar advanced against major currencies ...Reuters
2 hours ago
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% lower at C$1.3851 to the greenback, or 72.2 U.S. cents, after trading in a range of 1.3818 to 1.3855.Canadian government 10-year bond yields CA10YT=RR ro...Reuters
3 hours ago
Australian Dollar holds firm as markets eye RBA Minutes and inflation data
The Australian Dollar (AUD) is holding firm against the US Dollar (USD) on Monday, with AUD/USD hovering close to the 0.6500 mark. The pair remains resilient despite a modest rebound in the Greenback, which is stabilizing after a sharp drop on Friday.
Fxstreet
3 hours ago
EUR/USD retreats below 1.1700 as US Dollar firms
The Euro (EUR) weakens against the US Dollar (USD) on Monday, with EUR/USD falling back below the 1.1700 psychological level as the Greenback picks up modest strength following last Friday’s sharp slide driven by Federal Reserve (Fed) Chair Jerome Powell’s dovish remarks at the Jackson Hole SymposiuFxstreet
4 hours ago
Forex Today: Markets eye Powell fallout, US data, and RBA Minutes
The US Dollar (USD) regained some composure and managed to partially fade Friday’s post-Powell in quite a positive start to the new trading week. Investors’ attention, in the meantime, is expected to remain on the trade front and rising speculation of a September rate cut by the Federal Reserve.Fxstreet
4 hours ago
GBP/USD steady near 1.35 as Powell hints at Fed cut
GBP/USD consolidates during the North American session after last Friday’s dovish tilt by the Federal Reserve Chair Jerome Powell, who said that risks to the labor markets are rising, an indication that monetary policy is cooling the jobs market.
Fxstreet
6 hours ago
FOREX-Dollar stabilises after slump on Powell's dovish surprise
Powell's Jackson Hole speech raised prospect of September cutOdds of Fed cut next month at 86% Euro expected to extend 13% year-to-date gain as Fed cuts nearFocus on US inflation, labour market dataBy Jaspreet Kalra and Laura Matthews NEW YORK/MUMBAI, Aug 25 (Reuters) - The dollar clung to mo...Reuters
8 hours ago
Brazil economists trim long-term inflation forecast, ending six-month plateau
BRASILIA, Aug 25 (Reuters) - Brazilian private economists polled weekly by the central bank lowered their forecast for 2027 inflation, breaking a six-month stretch of stability in a move likely to be welcomed by policymakers uneasy about projections drifting away from target.The median projection fo...Reuters
8 hours ago
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0% higher at C$1.3821 to the greenback, or 72.35 U.S. cents, after trading in a range of 1.3818 to 1.3844.Canadian government 10-year bond yields CA10YT=R...Reuters
9 hours ago
Decision on next Fed chairman likely to take months, White House's Hassett says
WASHINGTON, Aug 25 (Reuters) - The Trump administration's move to replace Federal Reserve Chairman Jerome Powell as head of the central bank will likely take months, White House economic adviser Kevin Hassett told CNBC in an interview on Monday. "I would expect that this would run out for an...Reuters
9 hours ago
Brazil Economists See 2025 Inflation At 4.86% - Cenbank Poll
Aug 25 (Reuters) - Brazil central bank:BRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.86% IN 2025 VERSUS 4.95% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.33% IN 2026 VERSUS 4.40% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS S...Reuters
9 hours ago
FOREX-Dollar edges higher after slump on Powell's dovish surprise
Powell's Jackson Hole speech raised prospect of September cutOdds of Fed cut next month at 85% Euro expected to extend 13% year-to-date gain as Fed cuts nearFocus on US inflation, labour market dataBy Jaspreet Kalra MUMBAI, Aug 25 (Reuters) - The dollar nudged higher against major currencies ...Reuters
10 hours ago
USD/JPY: Likely to trade in a range between 146.80 and 147.85 – UOB Group
US Dollar (USD) is likely to trade in a range between 146.80 and 147.85. In the longer run, outlook is mixed; USD could trade in a range between 146.40 and 148.40, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
10 hours ago
NZD/USD has scope to test 0.5885 before levelling off – UOB Group
Rapid rise in New Zealand Dollar (NZD) has scope to test 0.5885 before levelling off becomes likely. In the longer run, NZD appears to have entered a range-trading phase; for the time being, it is likely to trade between 0.5820 and 0.5920, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
10 hours ago
