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EUR/USD ticks down to near 1.1630 amid French political uncertainty
The EUR/USD pair edges lower to near 1.1630 during the Asian trading session on Wednesday. The major currency pair faces a slight selling pressure as political uncertainty in France has weighed on the Euro (EUR).
Fxstreet
14 minutes ago
Australian dollar gets only fleeting help from high CPI
By Wayne Cole SYDNEY, Aug 27 (Reuters) - The Australian dollar edged up briefly on Wednesday after a surprisingly high reading on consumer prices seemingly dealt a blow to hopes for a near-term rate cut, though analysts cautioned there was a lot of noise in the data.The monthly reading of consume...Reuters
45 minutes ago
Australian Dollar holds ground following stronger monthly CPI
The Australian Dollar (AUD) remains steady following the release of the Monthly Consumer Price Index (CPI) on Wednesday. However, the AUD/USD pair receives downward pressure as the US Dollar (USD) recovers its recent losses from the previous session.
Fxstreet
53 minutes ago
USD/JPY trades above 147.50, upside capped by Fed concerns
USD/JPY recovers its recent losses from the previous session, trading around 147.60 during the Asian hours on Wednesday. However, the upside of the pair could be restrained as the US Dollar (USD) may struggle amid rising concerns over Federal Reserve (Fed) independence.
Fxstreet
2 hours ago
FOREX-Dollar weak as investors fret about Fed independence
Dollar weighed down by concerns over Fed independenceFed Governor Cook to file lawsuit to prevent Trump from firing herTwo-year U.S. Treasury yield falls to nearly four-month lowBy Rae Wee SINGAPORE, Aug 27 (Reuters) - The dollar struggled to gain ground on Wednesday as renewed investor worries a...Reuters
3 hours ago
NZD/USD flat lines near 0.5850 on worries over Fed’s independence
The NZD/USD pair holds steady near 0.5860 during the early Asian session on Wednesday. Rising concerns over the Federal Reserve’s (Fed) independence could weigh on the US Dollar (USD) against the New Zealand Dollar (NZD).
Fxstreet
3 hours ago
GBP/USD churns chart paper near key figures ahead of quiet session
GBP/USD rebounded from early-week losses on Tuesday, bouncing back up from a fresh technical floor near the 1.3450 level. Cable has been drifting within familiar technical levels as broad-market investor sentiment grinds to a halt ahead of key US economic figures.
Fxstreet
4 hours ago
USD/CAD weakens below 1.3850 amid renewed concerns over Fed's independence
The USD/CAD pair loses ground to near 1.3835 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the Canadian dollar (CAD) amid fears over the Federal Reserve’s (Fed) independence after US President Donald Trump announced he was firing a Fed Governor Lisa Cook.
Fxstreet
5 hours ago
AUD/USD holds steady near key technical levels
AUD/USD is holding steady between familiar technical levels after catching a thin bid on Tuesday. US economic releases will take a breather on Wednesday, giving Aussie traders a chance to catch their breath, at least after the next round of Australian Consumer Price Index (CPI) inflation data.Fxstreet
6 hours ago
FOREX-Dollar trades lower as Trump's move to fire Fed governor spooks investors
Trump fires Governor Cook amid push for more influence at FedCook's removal highlights worries over Fed independenceEUR, GBP gain against U.S. dollarFrench bonds tumble as government faces collapseBy Laura Matthews NEW YORK, Aug 26 (Reuters) - The dollar fell against major currencies on Tuesd...Reuters
8 hours ago
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% higher at C$1.3833 to the greenback, or 72.29 U.S. cents, after trading in a range of 1.3823 to 1.3868.Canadian government 10-year bond yields CA10Y...Reuters
9 hours ago
New BIS head stresses importance of central bank independence and accountability
New head of central bankers' central bank backs independenceSpeech comes as US Fed faces Trump's criticismCentral banks need to continue cooperation, remain flexibleBy Marc Jones LONDON, Aug 26 (Reuters) - The new head of the Bank for International Settlements on Tuesday stressed the need...Reuters
11 hours ago
New BIS head stresses importance of central bank independence and accountability
By Marc Jones LONDON, Aug 26 (Reuters) - The new head of the Bank for International Settlements has used his first prominent speech to stress the need for central banks to focus on inflation and for their independence from politicians to be protected.Uncertainty around the world's most import...Reuters
12 hours ago
FOREX-Dollar weakens as Trump's move to fire Fed governor spooks investors
Trump fires Governor Cook amid push for more influence at FedCook's removal highlights worries over Fed independenceEUR, GBP lead gains against U.S. dollarFrench bonds tumble as government faces collapseBy Laura Matthews and Jaspreet Kalra NEW YORK/MUMBAI, Aug 26 (Reuters) - The dollar weaken...Reuters
13 hours ago
Bank of England's Mann sees case for 'persistent' hold of rates
By David Milliken LONDON, Aug 26 (Reuters) - Bank of England Monetary Policy Committee member Catherine Mann said on Tuesday that she saw a strong case to keep Bank Rate on hold for a prolonged period but stood ready to cut rates forcefully if downside risks to growth materialise.Mann voted again...Reuters
13 hours ago
