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AUD/USD toys with ten-month high ahead of US CPI inflation print
AUD/USD rose into its highest bids in ten months on Wednesday, tapping the 0.6635 region for the first time since November of last year. The Aussie caught a firm bid through the day, driven by a general buoyancy to market risk appetite.
Fxstreet
42 minutes ago
Brazil Supreme Court Justice Fux votes to acquit Bolsonaro of coup plot
By Ricardo Brito and Luciana Magalhaes BRASILIA, Sept 10 (Reuters) - Brazilian Supreme Court Justice Luiz Fux voted on Wednesday to acquit former President Jair Bolsonaro of an alleged coup attempt and voted to annul his trial over jurisdiction, breaking with peers and raising the odds of an appe...Reuters
an hour ago
USD/CAD holds firm above 1.3850 as traders pile into BoC rate cut bets
The USD/CAD pair gains ground for a second consecutive day around 1.3860 during the early Asian session on Thursday. The Canadian Dollar (CAD) weakens against the US Dollar (USD) amid expectations that the Bank of Canada (BoC) would resume its easing cycle this month.
Fxstreet
an hour ago
NZD/USD Price Forecast: Struggles at 100-day SMA ahead of US CPI
The New Zealand Dollar advanced on Wednesday, posted gains of over 0.24% as traders digested the latest factory gate inflation report. An evolution of the disinflation process, drove the NZD/USD pair higher, past the 0.9540 mark during the day.
Fxstreet
2 hours 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
2 hours 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
2 hours 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
3 hours 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
4 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
5 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
5 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
9 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
9 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
9 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
10 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
11 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
11 hours ago
