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USD/JPY weakens below 147.50 as traders bet on Fed rate cut
The USD/JPY pair loses momentum to around 147.35 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the Japanese Yen (JPY) amid speculation of a larger rate cut by the US Federal Reserve (Fed) next week.
Fxstreet
6 minutes ago
AUD/USD grapples with Greenback resurgence
AUD/USD briefly toyed with a seven-week high north of 0.6600 before settling back and paring intraday gains. Tuesday saw another sharp downside revision in US jobs data, reigniting market-wide glee for Federal Reserve (Fed) interest rate cuts.
Fxstreet
9 minutes ago
USD/CHF Price Forecast: Steadies near 0.7970 as payroll revision sparks Fed cut bets
The USD/CHF stopped its fall on Tuesday, rose over 0.51% following a worse than expected Nonfarm Payrolls benchmark revision, which revealed that the labor market is cooling faster than expected.
Fxstreet
24 minutes ago
FOREX-US dollar bounces back after sharp selloff ahead of inflation test
Investors await key US inflation reports this weekFed's dovish policy to lead to dollar's cyclical lows -analystUS rate futures show high chance of rate cut this monthUS payrolls revisions at -911,000 in April 2024-March 2025By Gertrude Chavez-Dreyfuss NEW YORK, Sept 9 (Reuters) - The U.S...Reuters
4 hours ago
CANADA FX DEBT-Canadian dollar weakens as trade deal uncertainty clouds economic outlook
Canadian dollar falls 0.3% against the greenbackTrades in a range of 1.3794 to 1.3848Price of oil settles 0.6% higherBond yields rise across the curveBy Fergal Smith TORONTO, Sept 9 (Reuters) - The Canadian dollar fell against its U.S. counterpart on Tuesday, approaching the weakest level since A...Reuters
4 hours ago
Canadian Dollar sinks after NFP revisions drive US Dollar higher
The Canadian Dollar (CAD) backslid on Tuesday, driven lower by a general improvement in US Dollar (USD) flows. The Loonie is down over one-quarter of one percent against the Greenback, with the US Dollar Index (DXY) climbing nearly 0.3% on the day for comparison.
Fxstreet
5 hours ago
Gold rallies to new record on U.S. rate cut hopes, Fed tension
By Anushree Mukherjee and Sherin Elizabeth Varghese Sept 9 (Reuters) - Gold hit a record high above $3,600 an ounce on Tuesday, spurred by expectations of U.S. rate cuts, concerns about Federal Reserve independence and robust demand from investors and central banks.Having hit a record high at $3,...Reuters
7 hours ago
FOREX-Dollar falls vs yen as US revisions show nearly a million fewer jobs in 12-month span
By Gertrude Chavez-Dreyfuss NEW YORK, Sept 9 (Reuters) - The U.S. dollar fell against the yen on Tuesday after the government estimated the world's largest economy created nearly a million fewer jobs from April 2024 to March 2025, suggesting a far weaker labor market than what initial numbers...Reuters
8 hours ago
GBP/USD slips as weak US payroll revision keeps Fed cut bets intact
The GBP/USD retreats during the North American session after the latest Nonfarm Payrolls revision, was worse than expected, according to Bloomberg estimates. At the time of writing, the pair trades at 1.3542 after hitting a daily high of 1.3590, down 0.01%.
Fxstreet
8 hours ago
EUR/USD retreats from six-week highs as Greenback steadies after US NFP revision
The Euro (EUR) edges lower against the US Dollar (USD) on Tuesday, with EUR/USD snapping a two-day winning streak as the Greenback found renewed demand in the wake of the US Nonfarm Payrolls (NFP) benchmark revision.Fxstreet
8 hours ago
Cboe Global Markets Plans To Launch Continuous Futures For Bitcoin And Ether
Sept 9 (Reuters) - Cboe Global Markets Inc CBOE.Z:CBOE PLANS TO LAUNCH CONTINUOUS FUTURES FOR BITCOIN AND ETHER, BEGINNING NOVEMBER 10CBOE GLOBAL MARKETS INC - NEW BITCOIN AND ETHER CONTINUOUS FUTURES WILL BE CLEARED THROUGH CBOE CLEAR U.S.CBOE GLOBAL MARKETS INC - CONTINUOUS FUTURES STRUCTURED AS 1...Reuters
8 hours ago
FOREX-US dollar drops after huge number of jobs wiped out in 12-month period
NEW YORK, Sept 9 (Reuters) - The U.S. dollar fell against the yen on Tuesday after data showed the world's largest economy lost nearly a million jobs from April 2024 to March 2025, suggesting a far weaker labor market than what initial numbers showed in the 12-month period.Data from the Bureau o...Reuters
9 hours ago
USD/JPY: Markets digest report of BoJ’s undeterred hawkishness – Scotiabank
The Japanese Yen (JPY) is strong, up 0.7% against the US Dollar (USD) and outperforming all of the G10 currencies as we head into Tuesday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
12 hours ago
USD/CAD Price Forecast: Consolidates around 1.3800 ahead of US NFP revision
The USD/CAD pair trades in a tight range inside Monday’s range around 1.3800 during the European session on Tuesday. The Loonie pair consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) benchmark revision report, which will be published at 14:00 GMT.Fxstreet
12 hours ago
