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Brazil might challenge tariffs in US courts, finance minister says
BRASILIA, Aug 27 (Reuters) - Brazil Finance Minister Fernando Haddad said on Wednesday that the South American country might challenge in U.S. courts the steep tariffs imposed by the Trump administration on U.S. imports of Brazilian goods."We will go to court if needed," Haddad told loca...Reuters
27 minutes ago
GBP/USD dips to 1.3457 as Fed turmoil boosts Dollar rebound
The GBP/USD dropped over 0.16% on Wednesday as the US dollar continued to recover some ground, courtesy of the White House's threats to the independence of the Federal Reserve (Fed), which triggered a rise on the long end of US Treasury bond yields.
Fxstreet
49 minutes ago
Brazil might challenge tariffs in US courts, finance minister says
BRASILIA, Aug 27 (Reuters) - Brazilian Finance Minister Fernando Haddad said on Wednesday that the South American country might challenge in U.S. courts the steep tariffs imposed by President Donald Trump's administration on U.S. imports of Brazilian goods."We will go to court if needed,"...Reuters
an hour ago
FOREX-Dollar rebounds with focus on Fed policy as French politics cloud euro
Trump's effort to fire Fed governor sets up legal fight Dollar recoups losses but Fed independence worries lingerFrench political developments in focus for euroBy Jaspreet Kalra and Laura Matthews NEW YORK/MUMBAI, Aug 27 (Reuters) - The dollar rose against major currencies on Wednesday, rebou...Reuters
2 hours ago
EUR/USD slips below 1.1600 as Greenback holds firm despite Trump-Fed tensions
The Euro (EUR) came under renewed pressure against the US Dollar (USD) on Wednesday as a stronger Greenback, soft German Consumer Confidence data, and escalating political tensions in France weighed on the single currency, with EUR/USD slipping below the key 1.1600 psychological mark.
Fxstreet
2 hours ago
Russia slashes 2025 economic growth forecast to 1.5% from 2.5%
Spending on war in Ukraine, high interest rates slowing economyOfficial forecast was 2.5% for 2025Russia also cuts forecast for industrial productionRussia's key interest rate is at 18% By Guy Faulconbridge and Darya Korsunskaya MOSCOW, Aug 27 (Reuters) - Russia sees economic growth in 2025 s...Reuters
3 hours ago
EUR/JPY rangebound as focus turns to Eurozone sentiment and Japan CPI
The Euro (EUR) recovers some lost ground against the Japanese Yen (JPY) on Wednesday, with EUR/JPY trading near 171.76 at the time of writing. The cross had slipped to a one-week low earlier in the day after disappointing German Consumer Confidence data briefly pressured the single currency.
Fxstreet
3 hours ago
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% lower at C$1.3849 to the greenback, or 72.21 U.S. cents, after trading in a range of 1.3829 to 1.3857.Canadian government 10-year bond yields CA10YT=R...Reuters
3 hours ago
FOREX-Dollar firms with focus on Fed policy as French politics clouds euro
Trump's effort to fire Fed governor sets up legal fight Dollar recoups losses but Fed independence worries lingerFrench political developments in focus for euroBy Jaspreet Kalra MUMBAI, Aug 27 (Reuters) - The dollar firmed against major currencies on Wednesday as investors turned their focus ...Reuters
3 hours ago
EUR is underperforming on broadening political uncertainty – Scotiabank
The Euro (EUR) is weak, down 0.5% against the US Dollar (USD) and underperforming the G10 currencies as we head into Wednesday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.Fxstreet
4 hours ago
USD/JPY: Likely to trade in a range between 146.40 and 148.40 – UOB Group
US Dollar (USD) is expected to trade in a range between 147.00 and 148.00. In the longer run, outlook is mixed; USD could trade in a range between 146.40 and 148.40, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
4 hours ago
CAD outperforming on crosses as spreads offer support – Scotiabank
The Canadian Dollar (CAD) is down a marginal 0.1% against the US Dollar (USD) and outperforming on the crosses, extending its tight post-Jackson Hole range as it maintains its recent gains, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
5 hours ago
EUR/GBP Price Forecast: Under growing bearish pressure towards the 0.8600 area
The Euro is trading lower for the third consecutive day against the British Pound on Wednesday, with bears attempting to break the bottom of an expanding wedge, at 0.8625 aiming for the bottom of the last two months’ trading range, at 0.8595.In the absence of key fundamental drivers, the Euro is on
Fxstreet
5 hours ago
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
6 hours 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
6 hours 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
6 hours ago
