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INDIA RUPEE-Rupee faces tug-of-war at open as Trump mixes tariff threats with trade talks
By Nimesh Vora MUMBAI, Sept 10 (Reuters) - The Indian rupee is set to see choppy price action at the open, caught between U.S. President Donald Trump’s optimistic outlook on trade talks with New Delhi and his push for Europe to slap steep tariffs on India over Russian oil imports. The 1-month...Reuters
29 minutes ago
NZD/USD holds firm above 0.5900 despite soft Chinese CPI data
The NZD/USD pair gathers strength near 0.5930 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) edges higher against the Greenback despite softer Chinese inflation data. The US Producer Price Index (PPI) inflation data for August will take center stage later on Wednesday.
Fxstreet
44 minutes ago
Australia, NZ dollars flat as markets eye US inflation data
SYDNEY, Sept 10 (Reuters) - The Australian and New Zealand dollars were little changed on Wednesday, as traders braced for U.S. inflation data that could influence the size of the next rate cut and potentially support further gains in the two antipodean currencies. The Aussie AUD=D3 held steady at $...Reuters
52 minutes ago
FOREX-Dollar treads water ahead of inflation reports; US rate cut bets intact
All eyes on inflation reports before Fed meeting next week Markets wagering on rate cut as labour market stumbles Investor unease at political flux across the globe By Ankur Banerjee SINGAPORE, Sept 10 (Reuters) - The U.S. dollar was steady on Wednesday, holding onto overnight gains as traders br...Reuters
2 hours ago
GBP/USD reverses gains ahead of US inflation figures
GBP/USD briefly touched a four-week peak on Tuesday, testing chart territory north of 1.3550 before getting dragged back into the low side, snapping a two-day winstreak and putting Cable back on track for a decline to the 1.3500 handle.
Fxstreet
4 hours ago
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
4 hours 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
4 hours 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
8 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
8 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
9 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
11 hours ago
