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GBP/USD Price Forecast: Bullish outlook remains in play near 1.3450
The GBP/USD pair edges lower to near 1.3450 during the early European session on Tuesday. The potential downside for the major pair might be limited after US President Donald Trump announced he was firing a Federal Reserve (Fed) Governor, Lisa Cook.
Fxstreet
an hour ago
Australia, NZ dollars caught in cross currents as Trump causes waves
By Wayne Cole SYDNEY, Aug 26 (Reuters) - The Australian and New Zealand dollars were left hesitant on Tuesday as a looming threat to the independence of the U.S. Federal Reserve unsettled the greenback, overshadowing a dovish update on domestic interest rates.Markets were taken by surprise when P...Reuters
an hour ago
China's yuan steady on strong fix
SHANGHAI, Aug 26 (Reuters) - China's yuan held steady against the U.S. dollar on Tuesday, near a 1-month high, as the country's central bank kept a strong daily fix to ensure stability. Also helping the yuan was a slightly weaker dollar, after U.S. President Donald Trump said he was removing...Reuters
an hour ago
Kyrgyzstan's central bank keeps policy interest rate at 9.25%
Aug 26 (Reuters) - Kyrgyzstan's central bank on Tuesday maintained its benchmark interest rate at 9.25%, saying the decision was aimed at preserving price stability and fostering macroeconomic resilience."At present, external uncertainty remains elevated due to ongoing geopolitical tensions ...Reuters
an hour ago
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(India Morning Newsletter will not be published on Wednesday, August 27, on account of the Ganesh Chaturthi holiday)To access a PDF version of this newsletter, please click hereIf you would like to receive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
3 hours 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
3 hours 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
3 hours 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
4 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
5 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
6 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
8 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
10 hours ago
