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EUR/USD steady despite strong US GDP as Greenback stays under pressure
The Euro (EUR) holds firm against the US Dollar (USD) on Thursday,as the latest batch of US economic data failed to shift the broader bearish tone surrounding the Greenback. The pair briefly climbed to an intraday high of 1.1687 before easing to trade near 1.1666 at the time of writing.
Fxstreet
56 minutes ago
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% higher at C$1.3759 to the greenback, or 72.68 U.S. cents, after trading in a range of 1.3753 to 1.3791.Canadian government 10-year bond yields CA10...Reuters
an hour ago
ECB policymakers split on risks to inflation, July accounts show
Some see inflation risks tilted to downside, others see resilienceU.S. tariffs and euro appreciation impact debated by ECB policymakers FRANKFURT, Aug 28 (Reuters) - European Central Bank policymakers were divided on whether inflation was more likely to come in higher or lower than expected when ...Reuters
2 hours ago
Euro rebounds against Swiss Franc as ECB minutes highlight cautious outlook
The Euro (EUR) is edging higher against the Swiss Franc (CHF) on Thursday, snapping a three-day losing streak that dragged the pair to its lowest level since August 4 on Wednesday. At the time of writing, EUR/CHF is staging a sharp rebound, trading around 0.9356 at the start of the American session.
Fxstreet
2 hours ago
FOREX-Dollar edges lower as September Fed cut bets grow
Fed's Williams signals rate cut is possibleEuro resilient despite prospect of French government collapseBy Joice Alves and Kevin Buckland LONDON/TOKYO, Aug 28 (Reuters) - The dollar fell on Thursday as traders added to bets that the Federal Reserve will cut interest rates next month after New...Reuters
2 hours ago
Erosion of Fed independence would lead to higher inflation, ECB's Rehn says
HELSINKI, Aug 28 (Reuters) - U.S. President Donald Trump's escalating attacks on the Federal Reserve could have substantial and global knock-on effects on the financial markets and the real economy, including higher inflation, ECB policymaker Olli Rehn said on Thursday.Reuters
3 hours ago
JPY is supported by narrowed yield spreads and hawkish BoJ – Scotiabank
The Japanese Yen (JPY) is up 0.2% against the US Dollar (USD) and pushing toward the upper end of its recent range, supported by fundamentals and the relentless narrowing in US-Japan yield spreads, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
3 hours ago
EUR well supported on easing political concerns as spreads push higher – Scotiabank
The Euro (EUR) is entering Thursday’s NA session with marginal gains as it extends Wednesday’s impressive recovery from a sub-1.16 intraday low, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
3 hours ago
CAD extending Wednesday’s gains – Scotiabank
The Canadian Dollar (CAD) is nosing ahead this morning, extending yesterday’s gains through the upper 1.37s and staking a claim on being one of the better-performing G10 currencies on the week so far, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
3 hours ago
AUD/USD jumps to near 0.6530 as Fed dovish bets weigh on US Dollar
The AUD/USD pair advances to near 0.6530 during the European trading session on Thursday. The Aussie pair strengthens as the US Dollar (USD) faces sharp selling pressure, with traders becoming increasingly confident that the Federal Reserve (Fed) will cut interest rates in the September meeting.
Fxstreet
3 hours ago
USD/JPY drifts lower, nears 147.00 ahead of US GDP, Tokyo CPI data
The US Dollar is extending its reversal from Wednesday’s highs above 148.00 to levels near the 147.00 round figure on Thursday, with the Greenback on its back foot ahead of the release of US Gross Domestic Product and Weekly Jobless Claims figures, due later today.The US Dollar featured a knee-jerkFxstreet
3 hours ago
Luxury watchmaker Movado's Q2 sales beat expectations, withholds guidance
OverviewMovado fiscal Q2 net sales rise 3.1% to $161.8 mln, beating expectationsAdjusted EPS for fiscal Q2 at $0.23, reflecting improved operational efficiencyInternational markets drive performance, while U.S. sales decline 1.6%OutlookCompany not providing fiscal 2026 guidance due to economic uncer...Reuters
3 hours ago
USD/JPY might trade in a range between 146.40 and 148.40 – UOB Group
Further range-trading seems likely, but the softer underlying tone suggests a lower range of 146.75/147.80. 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
RPT-COLUMN-Dollar drop on politicized Fed may be part of Trump deal: Mike Dolan
By Mike Dolan LONDON, Aug 28 (Reuters) - The world needs to brace itself. U.S. dollar losses on an unraveling of Federal Reserve independence may not simply be the fallout, it's likely the intention.Donald Trump's daily bashing of the U.S. central bank this year has left little doubt that...Reuters
4 hours ago
