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Sterling retreats as dollar rebounds, traders digest British PPI
By Jaspreet Kalra August 27 (Reuters) - Sterling slipped on Wednesday as the U.S. dollar firmed against major currencies, recouping losses spurred by investor worries over independence of the U.S. Federal Reserve while traders also digested UK's producer price inflation data. The UK unit GBP=...Reuters
25 minutes ago
Filtration products maker Donaldson beats Q4 sales estimates
OverviewDonaldson Q4 sales rise 4.8% to $981 mln, beating analyst expectationsAdjusted EPS for Q4 increases 9.6% to $1.03, surpassing estimatesCompany returned $95 mln to shareholders via repurchases and dividendsOutlookDonaldson expects fiscal 2026 sales to reach $3.8 blnCompany forecasts fiscal 20...Reuters
42 minutes ago
RPT-COLUMN-Tariff-bolstered US credit rating is still tarnished: Mike Dolan
By Mike Dolan LONDON, Aug 27 (Reuters) - U.S. government tariff revenues are bolstering the Treasury's coffers and its sovereign credit rating, but the durability of that cash flow is questionable and markets still question the country's clean bill of health.Make no mistake, most forecast...Reuters
54 minutes ago
USD/JPY: Election review report delayed to early-September – OCBC
At Jackson Hole last weekend, Governor Ueda spoke about wage growth spreading from large enterprises to SMEs and barring a major negative demand shock, he expects labour market in Japan to remain tight and to continue to exert upward pressure on wages.
Fxstreet
57 minutes ago
TRY: Lira crosses 41 to the dollar even as FX deposit scheme axed – Commerzbank
USD/TRY breached the 41.0 level this week amid media and policymaker commentary about positive developments on the economic front. The lira exchange rate versus a 50-50 basket of USD and EUR is depreciating at faster than 40% annualised.
Fxstreet
2 hours ago
EMERGING MARKETS-EM stocks, currencies slip; Nvidia results on tap
Polish govt says Ukraine bill veto may cost 8 bln zlotysEM stocks down 0.2% FX flatChina industrial profits fall again in JulyNvidia results due after US closeBy Pranav Kashyap Aug 27 (Reuters) - Most central and eastern European currencies were lower on Wednesday, while equities ticked up as cau...Reuters
2 hours ago
FOREX-Dollar firms but worries linger over Fed independence
Trump's move to fire Fed governor sets up legal fight Dollar recoups losses but Fed independence worries lingerFrench political developments in focus for euroBy Rae Wee and Jaspreet Kalra SINGAPORE, Aug 27 (Reuters) - The dollar advanced against the euro and sterling on Wednesday but investor...Reuters
2 hours ago
Silver Price Forecast: XAG/USD retreats below $38.50 amid a firmer Dollar
Silver’s (XAG/USD) accelerates its reversal from last week’s highs right above $39.00, to levels below $38.50, with bears testing support at Tuesday’s low of $39.35, amid a broad-based US Dollar strength on Wednesday.The US Dollar Index, which measures the value of the US Dollar against the world’s
Fxstreet
3 hours ago
GBP/JPY rises to near 199.00 as BoJ rate cut bets ease
GBP/JPY gains ground after registering losses in the previous session, trading around 198.80 during the European hours on Wednesday. The currency cross appreciates as the Pound Sterling (GBP) receives support as traders expect the Bank of England (BoE) to avoid further rate cuts.
Fxstreet
3 hours ago
USD/JPY retreats from 147.95 with Fed’s independence in question
The US Dollar pares gains after a three-day rally against the Japanese Yen, as investors ponder the consequences of US President Trump’s attempts to gain control of the Federal Reserve, and Governor Cook’s decision to sue the president.Trump’s unprecedented decision to oust Cook is just the latest eFxstreet
3 hours ago
