News
Important Only
Brazil corporate profit remittances hit record before new tax
Record $18 billion profit remittances in December, central bank data showsNew 10% tax on profit remittances starts in January under Lula's administrationBrazil's current account deficit stable at 3.02% of GDP, financed by direct investmentBy Marcela AyresBRASILIA, Jan 26 (Reuters) - Brazilia...Reuters
59 minutes ago
USD: Sell-off reinforced by JPY intervention risk – MUFG
The USD's upward momentum has halted due to increased uncertainty surrounding U.S. policy, according to MUFG's Lee Hardman and Abdul-Ahad Lockhart. Investor confidence has been negatively impacted by President Trump's recent threats, leading to increased FX hedging of U.S. assets.Fxstreet
an hour ago
SPECIAL REPORT- Iranian deliveries fuel Myanmar junta's expanding air campaign against civilians
Iran is now the primary supplier of jet fuel to Myanmar's junta, records showIranian shipments to Myanmar circumvent sanctions on both countriesThe exports to Myanmar include jet fuel and urea for munitionsBy Gavin Finch and Devjyot Ghoshal LONDON, Jan 26 (Reuters) - The first bomb to strike ...Reuters
2 hours ago
GBP/JPY weakens as intervention chatter fuels broad Yen demand
The British Pound (GBP) trades on the back foot against the Japanese Yen (JPY) on Monday as the Yen outperforms across the board amid intervention speculation. At the time of writing, the cross is hovering near 210.50 after briefly slipping to 209.62, down nearly 0.95% on the day.
Fxstreet
2 hours ago
CAD: No free trade deal with China – BNY
Canada's Prime Minister Mark Carney has stated that Ottawa has no intention of pursuing a free trade agreement with China. This comes amid President Trump's threats of punitive tariffs. The Canadian government aims to focus on resolving specific trade frictions instead.
FOREX-Yen rises to more than two-month high, markets on alert for intervention
Yen rallies 1.4%, hits more than two-month highNY Fed rate check drove Friday surge in Japanese currencyInvestors await Federal Reserve meeting, possible chair announcementBy Samuel Indyk and Gregor Stuart Hunter LONDON, Jan 26 (Reuters) - The yen jumped to a more than two-month high on Monday as...Reuters
3 hours ago
EUR/GBP climbs slightly amid weak German sentiment, stable UK outlook
EUR/GBP trades around 0.8680 on Monday at the time of writing, up 0.10% on the day. The pair draws modest support from the Euro (EUR), even though the latest macroeconomic data from Germany have failed to generate any meaningful momentum in the foreign exchange market.
Fxstreet
3 hours ago
JPY: Strengthening amid intervention speculation – MUFG
The JPY has strengthened sharply, driven by speculation over imminent intervention risks, as detailed in the report by MUFG's Lee Hardman and Abdul-Ahad Lockhart. The USD/JPY pair has seen significant movement, with a decline from 159.23 to 153.40.Fxstreet
3 hours ago
Swiss National Bank lowers threshold for charging commercial banks interest
Threshold factor to be lowered to 15 times minimum reserve requirements Counteracts impact of higher reserve requirementsBank says change has no impact on current monetary policyBy John RevillZurich, Jan 26 (Reuters) - The Swiss National Bank SNBN.S is lowering its threshold factor for charging inte...Reuters
4 hours ago
Yen: Intervention rhetoric boosts performance – Societe Generale
The Japanese Yen has benefitted significantly from discussions of coordinated intervention with the US, leading to a stronger performance against the Dollar. Societe Generale's report indicates that USD/JPY has seen a notable decline, and the market is closely watching for further developments.Fxstreet
4 hours ago
Brazil current account deficit equals to 3.02% of GDP in 2025
BRASILIA, Jan 26 (Reuters) - Brazil's current account deficit reached 3.02% of GDP in 2025 from 3.03% in 2024, central bank data showed on Monday.In December, the current account posted a deficit of $3.363 billion, narrower than economists' expectations in a Reuters poll for a $5.3 billion s...Reuters
4 hours ago
SEK: Riksbank to maintain policy rate – BBH
The report from Brown Brothers Harriman (BBH) indicates that the Riksbank is expected to keep its policy rate unchanged at 1.75% for a third consecutive meeting. The report suggests that the Riksbank's guidance indicates the policy rate will remain at this level for some time.
Fxstreet
5 hours ago
USD/JPY languishes below 154.00 weighed by Yen intervention fears
The Yen has reversed previous losses and is the best-performing G8 currency on Monday. Growing speculation of a joint US-Japan intervention to address JPY weakness has sent the USD/JPY pair nearly 3.5% lower from Friday’s highs, hitting fresh 11-week lows in the mid-153.00s.Fxstreet
5 hours ago
Pound touches four-month high against weaker dollar
Pound touches four-month high against weak dollarSterling slides vs. yen as intervention risks mountBoE seen keeping rates unchanged next weekBy Samuel Indyk LONDON, Jan 26 (Reuters) - The British pound rose to a four-month high against a softening dollar on Monday, extending gains from last week...Reuters
5 hours ago
EMERGING MARKETS-EM stocks, FX gain as yen intervention fears hit dollar; Ukraine bonds gain
Ukraine bonds recover on prospects of more three-way talksFitch upgrades Turkey's outlook rating Democratic Republic of Congo plans Eurobond issuanceMSCI EM FX up 0.5%, stocks up 0.4%By Purvi Agarwal Jan 26 (Reuters) - Most emerging market stocks and currencies continued to edge higher on Mon...Reuters
5 hours ago
