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CANADA FX DEBT-Canadian dollar hits one-week low ahead of Macklem speech on trade
Canadian dollar falls 0.3% against the greenbackTouches its weakest since September 15 at 1.3829Producer prices rise 0.5% in August from JulyCanada-U.S. 10-year spread widens by 1.4 basis pointsBy Fergal Smith TORONTO, Sept 22 (Reuters) - The Canadian dollar weakened to a one-week low against its...Reuters
49 minutes ago
FOREX-Dollar weakens against euro and Swiss franc as market digest Fed speeches
Jerome Powell among Fed speakers this weekDollar weakens against yen and Swiss francDollar index poised to snap a 3-day rising streakBoJ caution on rate hikes due to political uncertaintyEuro set to gain against dollar after three straight sessions of lossesBy Chibuike Oguh and Stefano Rebaudo NE...Reuters
50 minutes ago
US ready to support Argentina with 'large and forceful' action, Treasury chief says
Bessent says US purchases of Argentine pesos, dollar debt among optionsMarkets rally on pledge of supportMilei government shaken recently by local election and scandalTrump, Bessent to meet with Milei in New York on TuesdayBy Andrea Shalal, David Lawder and Susan Heavey WASHINGTON, Sept 22 (Reute...Reuters
an hour ago
Argentina markets soar after US Treasury pledges support
Peso strengthens after central bank had to defend currency last weekArgentina removes export taxes on grains past October midterm electionInvestors eye Milei's policy adjustments past midtermsBy Rodrigo Campos NEW YORK, Sept 22 (Reuters) - Argentine financial assets rallied on Monday, with U....Reuters
3 hours ago
UK and US to smooth capital markets access and crypto cooperation
LONDON, Sept 22 (Reuters) - The governments of Britain and the United States will set up a body to reduce red tape for firms seeking to access capital markets on both sides of the Atlantic and improve cooperation on crypto assets, Britain's finance ministry said on Monday.The Transatlantic Taskf...Reuters
4 hours ago
Euro needs enhanced global role but cannot overtake the dollar, Bundesbank says
FRANKFURT, Sept 22 (Reuters) - The euro cannot replace the dollar as the world's dominant currency, but needs to strengthen its global role, partly to protect the bloc in case of a sustained loss of confidence in the dollar, Germany's central bank chief said.The dollar has fallen this year i...Reuters
4 hours ago
Bessent says any US action to support Argentina will be 'large and forceful'
WASHINGTON, Sept 22 (Reuters) - U.S. Treasury Secretary Scott Bessent on Monday said any U.S. action to help stabilize Argentina's currency would be "large and forceful," adding that Washington would not impose any new conditions or demands on such steps.Bessent told reporters that all o...Reuters
5 hours ago
Euro holds ground amid hawkish Fed tone and improved consumer confidence
The Euro (EUR) steadies against the US Dollar (USD) on Monday, halting a three-day losing streak as the Greenback trades under mild pressure. At the time of writing, EUR/USD is trading near 1.1765 during the American session, easing slightly from its intraday high of 1.1788.Fxstreet
5 hours ago
FOREX-Dollar falls against euro and Swiss franc as markets eye Fed speakers
Slew of Fed speakers lined up this weekDollar weakens against yen and Swiss francDollar index poised to snap a 3-day rising streakBoJ caution on rate hikes due to political uncertaintyBy Chibuike Oguh and Stefano Rebaudo NEW YORK, Sept 22 (Reuters) - The U.S. dollar was poised to snap a three-day...Reuters
6 hours ago
RPT-FOREX-US dollar weakens as Fed officials set to speak this week
Slew of Fed speakers lined up this weekSpotlight on hawkish Fed governors Hammack, MusalemDollar snaps a 3-day rising streakBoJ caution on rate hikes due to political uncertaintyBy Stefano Rebaudo Sept 22 (Reuters) - The U.S. dollar snapped a three-day rising streak on Monday, as investors await ...Reuters
9 hours ago
EUR/GBP retraces losses and approaches Friday’s highs, near 0.8730
The Euro has retraced previous losses against the British Pound during the European Morning session on Monday. The Pair bounced at 0.8710 to return above 0.8720 yet still within the upper area of Friday’s trading range.
Fxstreet
9 hours ago
USD/CHF retreats below 0.7950 with Fed speakers on focus
The US Dollar rally against the Swiss franc was capped at 0.7970 on Monday, and the pair retreated to levels right below 0.7945 as market sentiment deteriorated during the European Session, with all eyes on a slew of Fed speakers due later today.Five Fed Governors are scheduled to give further detai
Fxstreet
10 hours ago
INDIA RUPEE-Rupee slips as H-1B visa fee hit for Indian stocks drags sentiment
MUMBAI, Sept 22 (Reuters) - The Indian rupee closed slightly weaker on Monday as new U.S. visa norms weighed on markets and dragged IT stocks lower, with traders expecting the currency to stay under pressure until there is progress on U.S.-India trade talksThe rupee INR=IN closed at 88.3075 against ...Reuters
10 hours ago
COLUMN-ECB can still frustrate euro surge with 'contingency cut': Mike Dolan
By Mike Dolan LONDON, Sept 22 (Reuters) - Financial markets think the European Central Bank has found its "happy place" with a policy rate of 2%. An outsize surge in the euro might change that, which means it probably has another cut in its back pocket just in case.The threat of an ECB &#...Reuters
11 hours ago
