News
Important Only
Aussie, kiwi wobble as Warsh's Fed appointment lifts US dollar
SYDNEY, Feb 2 (Reuters) - The Australian and New Zealand dollars wobbled on Monday after the nomination of Kevin Warsh as the next U.S. central bank chief lifted the embattled greenback and sent prices for precious metals tumbling. The Aussie AUD=D3 hit a one-week low of $0.6923 before steadying at ...Reuters
27 minutes ago
GBP/USD holds steady near 1.3700 as markets assess Warsh's Fed outlook
The GBP/USD pair trades on a flat note near 1.3695 during the early Asian session on Monday. Traders weigh what a Federal Reserve (Fed) under Kevin Warsh might look like. The US ISM Manufacturing Purchasing Managers Index (PMI) report will be published later on Monday.
Fxstreet
35 minutes ago
When are the BoJ Summary of Opinions and how could they affect USD/JPY?
The Bank of Japan (BOJ) will publish its report on Sunday at 23:50 GMT. This report includes the BOJ's projection for inflation and economic growth. It is scheduled 8 times per year, about 10 days after the Monetary Policy Statement is released.
Fxstreet
an hour ago
RPT-Japan markets on edge over looser fiscal policy, ex-currency diplomat Watanabe says
By Makiko Yamazaki and Yoshifumi TakemotoTOKYO, Feb 1 (Reuters) - Japan will continue to face market jitters over fiscal policy, with the risk of further tax relief raising the prospect of a renewed selloff in government bonds and the yen similar to Britain's "Truss shock," a former top ...Reuters
3 hours ago
Japan PM talks up weak yen even as her government works to counter currency decline
Weak yen in focus ahead of February 8 snap electionPM Takaichi calls weak yen a major opportunity for exportersLater says she did not have preference for weak or strong yenCo-head of largest opposition party Noda criticises PM commentsBy Satoshi Sugiyama and Katya Golubkova TOKYO, Feb 1 (Reuters)...Reuters
4 hours ago
Japan PM talks up weak yen even as her government works to counter currency decline
Weak yen in focus ahead of February 8 snap electionPM Takaichi calls weak yen a major opportunity for exportersLater says she did not have preference for weak or strong yenCo-head of largest opposition party Noda criticises PM commentsBy Satoshi Sugiyama and Katya Golubkova TOKYO, Feb 1 (Reuters)...Reuters
22 hours ago
Japan markets on edge over looser fiscal policy, ex-currency diplomat Watanabe says
By Makiko Yamazaki and Yoshifumi TakemotoTOKYO, Feb 1 (Reuters) - Japan will continue to face market jitters over fiscal policy, with the risk of further tax relief raising the prospect of a renewed selloff in government bonds and the yen similar to Britain's "Truss shock," a former top ...Reuters
22 hours ago
Brazil's Vieira, US Rubio discuss trade, security cooperation in call
SAO PAULO, Jan 31 (Reuters) - Brazilian Foreign Minister Mauro Vieira spoke by phone on Saturday with U.S. Secretary of State Marco Rubio, Brazil's Foreign Ministry said in a post on social media. Vieira and Rubio discussed items on the bilateral agenda, including trade, according to the stateme...Reuters
Sat, Jan 31
Bitcoin falls below $80,000, continuing decline as liquidity worries mount
Jan 31 (Reuters) - Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53% at $78,719.63 at 12:48 p.m. ET (1748 GMT) on Saturday, continuing its decline from the previous session.On Friday, bitcoin fell to as low as $81,104, the lowest since November 21, while the U.S. dol...Reuters
Sat, Jan 31
Bitcoin falls below $80,000, continuing decline
Jan 31 (Reuters) - Bitcoin, the world's largest cryptocurrency by market value, was down by 6.53% at $78,719.63 at 1748 GMT on Saturday.On Friday, bitcoin fell to as low as $81,104, the lowest since November 21, after former Federal Reserve Governor Kevin Warsh was selected as the next Fed chair...Reuters
Sat, Jan 31
Japan's Takaichi cites weak yen's benefits even as her government threatens intervention
TOKYO, Jan 31 (Reuters) - Japanese Prime Minister Sanae Takaichi cited some benefits of a weaker yen on Saturday, in stark contrast to her finance ministry's threats to intervene to support the battered currency."People say the weak yen is bad right now, but for export industries, it's a...Reuters
Sat, Jan 31
EUR/USD slides as Warsh Fed pick, hot US PPI supercharge Dollar rally
EUR/USD drops during the North American session, down by 0.75% amid a session characterized by overall US Dollar strength, sponsored by Trump’s mild-hawkish pick to lead the Federal Reserve and an inflation report that warrants steady rates by the Federal Reserve.Fxstreet
Fri, Jan 30
Fed's Bowman still supports rate cuts despite backing pause at recent meeting
By Howard Schneider WASHINGTON, Jan 30 (Reuters) - U.S. Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday she still feels interest rates should fall, but voted to hold monetary policy steady this week only to gather more data before the next reduction in borrowing costs. B...Reuters
Fri, Jan 30
FOREX-US dollar gains as Warsh named next Fed Chair
Warsh seen as likely to maintain Fed independenceDollar gains after US producer prices rise more than expectedBitcoin lowest since November 21By Karen Brettell NEW YORK, Jan 30 (Reuters) - The U.S. dollar gained on Friday after former Federal Reserve Governor Kevin Warsh was selected to be the ne...Reuters
Fri, Jan 30
Brazil's Azul secures $1.37 billion in five-year bond offering
By Gabriel Araujo and Luciana Magalhaes SAO PAULO, Jan 30 (Reuters) - Brazilian airline Azul AAZUL.CJ secured $1.37 billion in a bond issue, the company said in a securities filing on Friday, in a key step toward exiting Chapter 11 bankruptcy proceedings. The coupon for the secured notes, whic...Reuters
Fri, Jan 30
USD/CNY: Potential recapitalization in financial sector – MUFG
Unconfirmed reports suggest that China may inject RMB 200 billion into large insurers to bolster their capital buffers, alongside an additional RMB 300 billion into major banks. This move aims to support the banking sector amid downward pressure on net interest margins.
Fxstreet
Fri, Jan 30
Fed's Musalem says no more rate cuts needed with policy now at neutral level
By Howard Schneider WASHINGTON, Jan 30 (Reuters) - St. Louis Federal Reserve President Alberto Musalem said on Friday the U.S. central bank does not need to cut interest rates further unless the job market starts to deteriorate or inflation falls.The current 3.50%-3.75% policy rate range is neutr...Reuters
Fri, Jan 30
