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Brazil's central bank to auction up to $1 billion with repurchase deal on Friday
SAO PAULO, Sept 10 (Reuters) - The Brazilian central bank will offer up to $1 billion through two dollar auctions with repurchase agreement on September 12, the monetary authority said in a statement on Wednesday.The simultaneous auctions aim to roll over contracts maturing on October 2, and will st...Reuters
22 minutes ago
Brazil's central bank to auction up to $1 billion with repurchase deal on Friday
SAO PAULO, Sept 10 (Reuters) - The Brazilian central bank will offer up to $1 billion through two dollar auctions with repurchase agreement on September 12, the monetary authority said in a statement on Wednesday.The simultaneous auctions aim to roll over contracts maturing on October 2, and will st...Reuters
31 minutes ago
ECB to hold rates again but keep door ajar to further easing
Deposit rate to remain at 2%Debate over more easing to simmer for monthsEconomy holding up but tariffs impact not yet fully feltDecision at 1215 GMT, Lagarde press conference at 1245 GMTBy Balazs Koranyi and Francesco Canepa FRANKFURT, Sept 11 (Reuters) - The European Central Bank is set to leave...Reuters
34 minutes ago
EUR/USD steady at 1.1700 as softer US PPI fuels rate cut bets
The EUR/USD remains steady at around 1.1700 on Wednesday as market participants digest US economic data. US Dollar weakness triggered by a softer inflation report and growing speculation for the first rate cut by the Federal Reserve (Fed) keeps the pair trading within familiar levels.
Fxstreet
2 hours ago
CANADA FX DEBT-Canadian dollar hits a two-week low as investors brace for potential rate cut
Canadian dollar falls 0.1% against the greenbackTouches its weakest since August 26 at 1.3867Price of U.S. oil settles 1.7% higher10-year yield hits a near four-month low TORONTO, Sept 10 (Reuters) - The Canadian dollar weakened to a two-week low against its U.S. counterpart on Wednesday as expec...Reuters
3 hours ago
FOREX-US dollar mixed, markets eye Fed cuts after soft inflation data
US producer prices slip month-on-month in AugustUS rate futures price in 25-bp later this monthWith PPI out of the way, consumer price index is nextBy Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON, Sept 10 (Reuters) - The U.S. dollar was narrowly mixed on Wednesday, with no definitiv...Reuters
4 hours ago
EM portfolios funnel near $45 billion in August but cracks are showing, IIF says
By Rodrigo Campos NEW YORK, Sept 10 (Reuters) - Investors plowed nearly $45 billion into their emerging market equities and debt portfolios in August, the most in nearly a year, but a large outflow from EM stocks outside of China pointed to a change of sentiment among investors, according to a re...Reuters
7 hours ago
Swiss Franc gains after weak US PPI; SNB’s Schlegel signals cautious stance
The Swiss Franc (CHF) strengthens modestly against the US Dollar (USD) on Wednesday, with USD/CHF trimming intraday gains as the Greenback softens after softer-than-expected US Producer Price Index (PPI) figures further cemented market expectations that the Federal Reserve (Fed) will cut interest ra
Fxstreet
7 hours ago
GBP/USD holds near 1.3550 as soft US PPI boosts Fed cut bets
The GBP/USD hoovers around the 1.3550 figure for the third straight day after the latest inflation report in the United States (US) showed that prices paid by producers dipped in August, increasing the chances for an interest rate cut by the Federal Reserve.
Fxstreet
7 hours ago
Eurozone FX Today: The ECB's pause comes under scrutiny
The Euro (EUR) is holding steady against the US Dollar (USD), trading at 1.1710 on Wednesday. A wait-and-see attitude prevails ahead of the European Central Bank's (ECB) monetary policy meeting, scheduled for Thursday at 12:15 GMT.Fxstreet
8 hours ago
EUR/USD steadies above 1.1700 after US PPI miss, attention shifts to ECB
The Euro (EUR) is edging modestly higher against the US Dollar (USD) on Wednesday, as the Greenback lost momentum after weaker-than-expected US Producer Price Index (PPI) figures added to market bets that the Federal Reserve (Fed) will deliver a rate cut next week.Fxstreet
9 hours ago
FOREX-US dollar slightly lower against yen, euro, after producer price data
By Gertrude Chavez-Dreyfuss NEW YORK, Sept 10 (Reuters) - The U.S. dollar was marginally down against the yen and euro on Wednesday after data showed producer prices unexpectedly fell in August, cementing expectations that the Federal Reserve will resume cutting interest rates later this month. ...Reuters
9 hours ago
POP Culture Invests in BTC to Drive Web3 Entertainment Shift
Sept 10 (Reuters) - Pop Culture Group Co Ltd CPOP.O:POP CULTURE MAKES STRATEGIC INVESTMENT IN CRYPTOCURRENCY BTC TO ACCELERATE WEB3.0 DIGITAL ENTERTAINMENT TRANSFORMATIONPOP CULTURE GROUP: COMPLETES INVESTMENT IN CRYPTOCURRENCY BITCOIN TOTALING $33 MILLIONReuters
9 hours ago
Trump says Fed chair Powell should make big rate cut now
WASHINGTON, Sept 10 (Reuters) - U.S. President Donald Trump on Wednesday reiterated his call for Federal Reserve Chairman Jerome Powell to cut benchmark interest rates. "Just out: No Inflation!!! “Too Late” must lower the RATE, BIG, right now. Powell is a total disaster, who doesn’t have a c...Reuters
9 hours ago
FOREX-US dollar dips after producer prices data
NEW YORK, Sept 10 (Reuters) - The U.S. dollar slipped against the yen and euro on Wednesday after data showed producer prices unexpectedly fell in August, cementing expectations that the Federal Reserve will resume cutting interest rates later this month.The dollar was slightly down against the yen ...Reuters
10 hours ago
SNB chief says Federal Reserve is central to financial system
VEZIA, Switzerland, Sept 10 (Reuters) - Swiss National Bank Chairman Martin Schlegel said on Wednesday the U.S. dollar is still the dominant currency and that the U.S. Federal Reserve is central to the international financial system.Schlegel was speaking in southern Switzerland.Reuters
10 hours ago
