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Forex Today: Germany’s business morale will be in the limelight
The US Dollar (USD) remained in the lower end of its recent range as market participants kept assessing different comments from Fed rate setters while key gauges of US business activity disappointed investors somewhat.
Fxstreet
28 minutes ago
IDB Group targets $500 bln Latin American loan pool for global investment
Sept 23 (Reuters) - The Inter-American Development Bank is aiming to attract private capital to Latin America by helping turn a pool of up to $500 billion of regional local loans into investable global assets, the lender said on Tuesday.ReInvest+, a partnership between the IDB Group and Brazil's...Reuters
2 hours ago
USD/JPY steadies as Greenback holds firm ahead of Powell’s speech
The Japanese Yen (JPY) trades under modest pressure against the US Dollar (USD) on Tuesday, with USD/JPY trimming earlier losses as the Greenback holds firm on steady US economic data and cautious Federal Reserve (Fed) rhetoric.
Fxstreet
2 hours ago
GBP/USD steady at 1.3518 as PMIs signal slowdown, Powell speech eyed
The Pound Sterling remains steady during the North American session on Tuesday after business activity in both sides of the Atlantic, slows down in September, according to Flash Purchasing Managers Indices (PMI) reports in the UK and the US. The GBP/USD trades at 1.3518, virtually unchanged.
Fxstreet
3 hours ago
FOREX-Dollar steady against peers as investors weigh Fed commentary on rates
Fed officials renew caution on inflation risksRemarks from Fed Chair Powell in focusSwedish krona gains after Riksbank cuts rates by 25 bpsEuro flat against dollarBy Chibuike Oguh and Canan Sevgili NEW YORK/LONDON, Sept 23 (Reuters) - The U.S. dollar held steady against major peers on Tuesday as ...Reuters
4 hours ago
EUR/USD steady as PMI surveys highlight slowing growth, markets await Powell speech
The Euro (EUR) is treading water against the US Dollar (USD) on Tuesday after preliminary Purchasing Managers Index (PMI) releases from both sides of the Atlantic showed slowing momentum, with EUR/USD steady as the Greenback holds firm on evidence that US private sector output continues to expand deFxstreet
4 hours ago
EUR/CHF dips as Eurozone PMIs highlight uneven recovery, SNB in focus
EUR/CHF trades on the back foot on Tuesday, snapping a three-day winning streak. The Euro struggles to find traction after the latest HCOB flash Purchasing Managers Index (PMIs) pointed to an uneven recovery in the bloc, with services expanding but manufacturing slipping back into contraction.
Fxstreet
5 hours ago
FOREX-Dollar pauses as Fed speakers suggest caution on rate cuts
Fed officials renew caution on inflation risksRemarks from Fed Chair Powell in focusRiksbank cuts rates by 25 bps to 1.75%Gold at fresh record highBy Canan Sevgili and Jaspreet Kalra LONDON, Sept 23 (Reuters) - The U.S. dollar held steady on Tuesday as investors paused to digest hawkish comme...Reuters
6 hours ago
USD/CHF Price Forecast: 20-day EMA continues to act as key barrier for US Dollar bulls
The USD/CHF pair trades subduedly around 0.7925 during the late European trading session on Tuesday. The Swiss Franc pair trades with caution as the US Dollar (USD) demonstrates sluggishness ahead of the speech from Federal Reserve (Fed) Chair Jerome Powell at 16:35 GMT.
Fxstreet
7 hours ago
USD/JPY wobbles around 147.70 ahead of flash US PMI, Fed Powell’s speech
The USD/JPY pair trades in a tight range around 147.70 during the European trading session on Tuesday. The pair consolidates as investors await the speech from Federal Reserve (Fed) Chair Jerome Powell at 16:35 GMT.Fxstreet
8 hours ago
EMERGING MARKETS-EM assets subdued ahead of Hungary rate verdict, Indian rupee at record low
EM stocks up 0.12%, FX down 0.1%National Bank of Hungary rate verdict due at 1200 GMTIndian rupee hits record low, IT stocks waverTrump and Argentina's Milei to meet later in New York By Nikhil Sharma Sept 23 (Reuters) - Emerging market assets traded cautiously on Tuesday, with the Hungarian ...Reuters
9 hours ago
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
9 hours 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
10 hours 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
10 hours 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
10 hours ago
