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India Morning Newsletter, August 26
(India Morning Newsletter will not be published on Wednesday, August 27, on account of the Ganesh Chaturthi holiday)To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at:https://solutions.lseg.com/MNCIndia-Subscription...Reuters
22 minutes ago
Iron ore subdued as Trump's tariff threats fuel demand concerns
BEIJING, Aug 26 (Reuters) - Iron ore futures prices were subdued on Tuesday, as fresh tariff threats from U.S. President Donald Trump fuelled concerns about demand prospects.The most-traded January iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1 was little changed at 782.5 ...Reuters
an hour ago
Japan remains alarmed over forex movement, finance minister says
TOKYO, Aug 26 (Reuters) - Japan remains alarmed over foreign exchange movement, Finance Minister Katsunobu Kato said on Tuesday, after the yen strengthened following U.S. President Donald Trump's announcement of the removal of a Federal Reserve governor.Asked about the removal of Lisa Cook from ...Reuters
an hour ago
FOREX-Dollar drops after Trump fires Fed's Cook
Dollar stumbles after Trump's announcementMarkets recalibrate, rate cuts seen more likelyCook's removal intensifies investor worries over Fed independenceBy Gregor Stuart Hunter SINGAPORE, Aug 26 (Reuters) - The U.S. dollar surrendered gains in early trading in Asia on Tuesday after U.S. ...Reuters
2 hours ago
NZD/USD strengthens above 0.5850 as Trump orders removal of Fed governor Cook
The NZD/USD pair gains ground to near 0.5860 during the early Asian session on Tuesday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) amid concerns over Federal Reserve (Fed) independence after the report that US President Donald Trump says he is removing Fed Governor Lisa Cook.
Fxstreet
3 hours ago
USD/CAD drifts lower to near 1.3850 amid tariff easing
The USD/CAD pair trades with mild losses around 1.3855 during the early Asian session on Tuesday. The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Canada’s move to ease trade tensions with its largest trading partner.
Fxstreet
4 hours ago
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
6 hours 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
8 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
8 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
9 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
10 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
10 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
12 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
13 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
13 hours ago
