News
Important Only
Australian dollar hits six-month high on kiwi as rate outlook diverges
SYDNEY, Aug 28 (Reuters) - The Australian dollar hit a fresh six-month high on the kiwi on Thursday as investors bet on diverging rate outlook between the two, while they struggled to claw back much ground against their U.S. counterpart. The Aussie hit a new high of NZ$1.1118 AUDNZD=R, with bulls no
Reuters
23 minutes ago
GBP/USD maintains position around 1.3500 ahead of Q2 US GDP Annualized
GBP/USD remains steady after two days of gains, trading around 1.3500 during the Asian hours on Thursday. The pair may further appreciate as the US Dollar (USD) struggles amid rising concerns over the US Federal Reserve’s (Fed) independence.
Fxstreet
an hour ago
FOREX-Dollar on defensive as September Fed cut bets ramp up
Fed's Williams signals next month's meeting "live" for a rate cutTrump's bid for more Fed control drags on dollar as 2-year yields slideEuro firm versus greenback despite potential collapse of French governmentBy Kevin Buckland TOKYO, Aug 28 (Reuters) - The dollar started Thur...Reuters
an hour ago
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
2 hours ago
AUD/USD extends upside above 0.6500 as RBA rate cut hopes fade
The AUD/USD pair extends the rally to near 0.6505 during the early Asian session on Thursday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) as hotter-than-expected Australian inflation data dents bets on the Reserve Bank of Australia (RBA) rate cut.
Fxstreet
3 hours ago
USD/JPY weakens below 147.50 amid unabated concerns over Fed’s independence
The USD/JPY pair loses ground to near 147.20 during the early Asian session on Thursday. The US Dollar (USD) weakens against the Japanese Yen (JPY) as worries persist over the Federal Reserve’s (Fed) independence.
Fxstreet
3 hours ago
USD/CHF Price Forecast: Slips to 0.8020 as safe-haven boosts Franc
USD/CHF extended its downtrend for the second straight day, down 0.16%, trading at 0.8020 after hitting a daily high of 0.8076. A flight to safety has favored the Swiss Franc as the Dollar digest the dovish tilt by the Fed Chair Jerome Powell, who opened the door for adjusting interest rates.
Fxstreet
4 hours ago
EUR/USD slips to 1.1630 as Fed drama fades, France risk grows
The EUR/USD retreats a minimal 0.10% on Wednesday as developments about the Federal Reserve’s independence dissipated, while the French Prime Minister Bayrou called for a confidence vote. At the time of writing, the pair trades at 1.1631, after hitting a daily high of 1.1647.
Fxstreet
5 hours ago
REFILE-FOREX-Dollar clings to gains with focus on Fed policy as French politics cloud euro
Trump's effort to fire Fed governor sets up legal fight Dollar in holding pattern, but Fed independence worries lingerFrench political developments in focus for euroBy Laura Matthews NEW YORK, Aug 27 (Reuters) - The dollar clung to gains against the euro and the yen on Wednesday, paring much ...Reuters
7 hours ago
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Wednesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.3% higher at C$1.3794 to the greenback, or 72.5 U.S. cents, after trading in a range of 1.3783 to 1.3857.Canadian government 10-year bond yields CA10...Reuters
7 hours ago
Canadian Dollar extends gains as risk-on flows rebound
The Canadian Dollar (CAD) drifted higher on Wednesday, driven by a general upswing in broad-market sentiment that pushed the safe-haven US Dollar (USD) into a holding pattern. The Loonie has risen for three out of the last four trading sessions, extending a near-term CAD bounce from recent lows.
Fxstreet
8 hours ago
Brazil's central bank says its Pix system is not a threat to payments companies
BRASILIA, Aug 27 (Reuters) - Brazil's central bank is not competing with financial or payment institutions through its operation and regulation of the widely used instant payments system Pix, said Renato Gomes, the institution's financial system organization director. In remarks released by ...Reuters
8 hours ago
Forex Today: US Q2 GDP and the labour market take centre stage
The US Dollar (USD) ended the day alternating gains with losses, giving away strong gains recorded earlier in the day on Wednesday. This irresolute price action came amid unabated concerns surrounding the Fed’s independence and the absence of important developments on the trade front.Fxstreet
8 hours ago
Brazil central bank says it does not compete with market through Pix
BRASILIA, Aug 27 (Reuters) - Brazil's central bank is not competing with financial or payment institutions by operating and regulating the widely used instant payments system Pix, said the bank's financial system organization director, Renato Gomes.In remarks released by the bank on Wednesda...Reuters
9 hours 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
11 hours 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
11 hours 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
12 hours ago
