News
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ASM cuts 2025 revenue forecast as demand for advanced tools weakens
Cuts revenue target citing weak advanced chip tool demandSays demand uneven among customersAnalysts say weakness could come from Samsung, IntelAnalysts worry lower orders in Q4 could hurt 2026 salesASM to hold investor day event at 1230 GMT By Nathan Vifflin Sept 23 (Reuters) - Computer chip equi...Reuters
10 minutes ago
Sterling dips after gloomy PMI surveys
UK business activity slows, PMI drops to 51.0 from 53.5Sterling falls 0.2% after survey, remains up 8% against dollarBBVA strategists see potential for sterling weaknessBy Amanda Cooper LONDON, Sept 23 (Reuters) - The pound sagged on Tuesday after a survey showed British business activity slowed ...Reuters
22 minutes ago
ANALYSIS-US Treasury's support for Argentina gives peso, Milei friendly leg-up, for now
Bessent, Trump to speak with Argentina's Milei on TuesdayExchange Stabilization Fund has about $30 bln in liquid assetsTreasury fund backed Fed crisis facilities in 2008, 2020, 2023ESF's biggest foreign exchange intervention was Mexico in 1994By David Lawder and Andrea Shalal WASHINGTON, ...Reuters
30 minutes ago
FOREX-Dollar pauses as Fed speakers suggest caution on rate cuts
Fed speakers renew focus on inflation risksRemarks from Fed Chair Powell slated for TuesdayRiksbank cuts rates by 25 bps to 1.75%Gold at fresh record highBy Gregor Stuart Hunter and Jaspreet Kalra SINGAPORE, Sept 23 (Reuters) - The U.S. dollar was steady on Tuesday as investors took a beat to par...Reuters
49 minutes ago
USD/CAD Price Forecast: Advances to near 1.3840 ahead of Fed Powell’s speech
The USD/CAD pair jumps to near 1.3840 during the European trading session on Tuesday. The Loonie pair advances even as the US Dollar (USD) trades cautiously, suggesting weakness in the Canadian Dollar (CAD).
Fxstreet
an hour ago
NZD/USD remains vulnerable near 0.5840 lows on a slightly firmer US Dollar
The New Zealand Dollar has given away Monday’s gains against the US Dollar, retreating from the 0.5870 area to levels right above two-week lows near 0.5840, weighed by a moderate US Dollar’s recovery, ahead of US PMI data and Fed Powell’s speech.The US Dollar took a breather on Monday after rallying
Fxstreet
an hour ago
GBP/JPY Price Analysis: Tests nine-day EMA barrier near 200.00 ahead of UK PMI figures
GBP/JPY extends its gains for the second successive session, trading around 199.70 during the European hours on Tuesday. The currency cross appreciates ahead of the United Kingdom’s (UK) S&P Global Purchasing Managers’ Index (PMI) data for September.
Fxstreet
an hour ago
S&P Global PMI expected to highlight US economic resilience in September
S&P Global will release on Tuesday the September flash Purchasing Managers' Indices (PMIs) for most major economies, including the United States (US). These surveys of top private sector executives provide an early indication of the business sector’s economic health.Fxstreet
an hour ago
Pound Sterling trades calmly ahead of UK-US PMI, Fed Powell’s speech
The Pound Sterling (GBP) trades broadly calm against its peers on Tuesday ahead of the preliminary United Kingdom (UK) S&P Global Purchasing Managers’ Index (PMI) data for September, which will be released at 08:30 GMT.
Fxstreet
2 hours ago
Silver Price Forecast: XAG/USD on retreat from $44,10, finds support at $43.65
Silver’s (XAG/USD) has been consolidating gains for most of Tuesday’s Asian session, as the precious metal’s retreat from all-time highs at $44.20 has been contained above the $43.65 area, and is trading near $43.90 on the Early European session.The XAG/USD pair’s reversal has lost momentum on Tuesd
Fxstreet
2 hours ago
