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USD/JPY steadies above 147.20 as US tariffs ruled illegal
The USD/JPY posted minimal gains on Monday after losing over 2.40% in August amid thin trading, with US markets closed in observance of Labor Day. The pair trades at 147.28 as the Greenback continues to weaken amid news that the US Court of Appeals has ruled Trump's tariffs illegal.
Fxstreet
2 hours ago
Analysts tick up Mexico end-2025 growth forecast
MEXICO CITY, Sept 1 (Reuters) - Private sector analysts polled by Mexico's central bank last month saw Mexico's economy growing slightly more in 2025 than they had forecast a month prior, according to the survey published on Monday.Analysts also expect Mexico's peso currency to close the...Reuters
2 hours ago
Romania wants to host planned EU Black Sea security hub, president says
BUCHAREST, Sept 1 (Reuters) - Romania wants to host a planned European Union Black Sea maritime security hub, Romanian President Nicusor Dan said on Monday after meeting European Commission President Ursula von der Leyen. Brussels proposed in May creating a hub to boost security in the Black Sea by ...Reuters
2 hours ago
Russia may cut growth forecast again to 1.2%, news agencies say
MOSCOW, Sept 1 (Reuters) - Russia may cut its 2025 economic growth forecast to 1.2%, three Russian news agencies quoted a source as saying on Monday - a second potential downgrade in the space of less than a week.The agencies, including state-owned TASS and RIA Novosti, described the source as an o...Reuters
3 hours ago
EUR/USD steadies above 1.1700 as US Dollar stabilizes in holiday-thinned trade
The Euro (EUR) is struggling to extend its advance against the US Dollar (USD) as the Greenback steadies after slipping to a more than one-month low during the Asian session with EUR/USD, easing from the upper end of the trading range that has contained price action since early August.
Fxstreet
3 hours ago
Russia may lower 2025 GDP growth forecast to 1.2%, news agencies say
MOSCOW, Sept 1 (Reuters) - Russia may lower its 2025 gross domestic product (GDP) growth forecast to 1.2%, three Russian news agencies reported on Monday, citing a source. The source also told the agencies that Russia's budget deficit for 2025 may exceed the planned level of 1.7% of GDP.Reuters
3 hours ago
FOREX-Dollar hits lowest since end-July ahead of US jobs data
US dollar index hits 5-week low ahead of US dataRobust figures could challenge current Fed rate cut expectationsTrade policy and Fed independence remain in focusYuan underpinned by central bank fixings, Chinese stock rallyBy Stefano Rebaudo Sept 1 (Reuters) - The dollar hit a five-week low on Mon...Reuters
3 hours ago
Trump's World Liberty Financial tokens begin trading
NEW YORK, Sept 1 (Reuters) - Some of the digital tokens backing the Trump family's cryptocurrency venture, World Liberty Financial, began trading on Monday, the cryptocurrency company said. The World Liberty tokens, known as $WLFI, were sold to investors after the Trump family and its business p...Reuters
4 hours ago
Trump's World Liberty Financial tokens begin trading
NEW YORK, Sept 1 (Reuters) - Some of the digital tokens backing the Trump family's cryptocurrency venture, World Liberty Financial, began trading on Monday, the cryptocurrency company said. In July, investors in the tokens voted to make them tradeable, paving the way for their sale and purchase ...Reuters
5 hours ago
USD/JPY: Likely to trade sideways between 146.70 and 147.50 – UOB Group
Momentum indicators are turning flat; US Dollar (USD) is likely to trade sideways between 146.70 and 147.50. 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
6 hours ago
NZD/USD: Clear break above 0.5920 seems unlikely – UOB Group
There is scope for New Zealand Dollar (NZD) to continue to edge higher; a clear break above 0.5920 seems unlikely. In the longer run, the likelihood of NZD breaking above the top of the 0.5820/0.5920 range is increasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
6 hours ago
AUD/USD: Clear break above 0.6555 s unlikely – UOB Group
Australian Dollar (AUD) is likely to test 0.6555; a clear break above this level is unlikely. In the longer run, AUD is slightly positive, and it is likely to edge higher to 0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
6 hours ago
EUR/USD: Upward momentum is starting to build – UOB Group
Bias for Euro (EUR) is tilted to the upside; it does appear to have enough momentum to break above 1.1720. In the longer run, upward momentum is starting to build; the probability of EUR breaking above 1.1720 is increasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
6 hours ago
USD/JPY consolidates around 147.00 at the start of busy US-data week
The USD/JPY pair trades in a tight range around 147.00 during the European trading session on Monday. The pair wobbles, even as the US Dollar (USD) sinks to its monthly low, suggesting that the Japanese Yen (JPY) is also weak.Fxstreet
6 hours ago
FOREX-Dollar hits lowest since end-July ahead of US jobs data
US dollar index hits 5-week low ahead of US dataRobust figures could challenge current Fed rate cut expectationsTrade policy and Fed independence remain in focusYuan underpinned by central bank fixings, Chinese stock rallyBy Stefano Rebaudo Sept 1 (Reuters) - The dollar hit a five-week low on Mon...Reuters
6 hours ago
