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FOREX-Dollar on back foot as jobless claims firm up Fed rate cut views
By Gregor Stuart Hunter SINGAPORE, Sept 12 (Reuters) - The dollar remained under pressure on Friday as a surge in U.S. jobless claims and a modest tick up in inflation kept investors zeroed in on likely Federal Reserve interest rate cuts next week and beyond.The dollar index =USD was last trading...Reuters
56 minutes ago
US, Japan reaffirm FX rates should be 'market determined'
TOKYO, Sept 12 (Reuters) - The United States and Japan reaffirmed their commitment to "market determined" exchange rates and agreed that excess volatility and disorderly movements in exchange rates were undesirable, according to a joint statement released on Friday."As trusted partners, ...Reuters
an hour ago
US, Japan reaffirm FX rates should be 'market determined'
TOKYO, Sept 12 (Reuters) - The United States and Japan reaffirmed that exchange rates should be "market determined" and that excess volatility and disorderly moves in exchange rates were undesirable, according to a joint statement released by the countries on Friday."As trusted partners,...Reuters
2 hours ago
GBP/USD catches fresh bids on renewed US Dollar selling pressure
GBP/USD rallied over one-third of one percent on Thursday, bolstered by fresh US Dollar (USD) weakness as investors pile into bets that the Federal Reserve (Fed) will finally be pushed into a series of interest rate cuts through the rest of the year.
Fxstreet
3 hours ago
USD/JPY softens to near 147.00 as Fed rate cut bets stay firm
The USD/JPY pair attracts some sellers near 147.15 during the early Asian session on Friday. The US Dollar (USD) remains weak against the Japanese Yen (JPY) as US inflation reports support the case for the first interest rate cut by the Federal Reserve (Fed) since December 2024.Fxstreet
3 hours ago
Brazil's Supreme Court sentences Bolsonaro to 27 years in prison for coup plot
BRASILIA, Sept 11 (Reuters) - A panel of Brazil's Supreme Court sentenced on Thursday former President Jair Bolsonaro to 27 years and three months in prison for plotting a coup to remain in power after losing the 2022 election.Reuters
4 hours ago
FOREX-US dollar retreats as inflation runs warm, jobless claims tick higher
US headline CPI rises 0.4%, year-on-year up 2.9%Initial jobless claims rise more than expected.Fed funds futures price in 91% odds of 25-bp rate cut next weekEurozone economy is in "good place" - ECB's LagardeBy Gertrude Chavez-Dreyfuss NEW YORK, Sept 11 (Reuters) - The U.S. dollar we...Reuters
7 hours ago
Brazil top court panel forms majority to convict Bolsonaro for coup plot
By Ricardo Brito and Luciana MagalhaesBRASILIA, Sept 11 (Reuters) - A five-member panel of Brazil's Supreme Court formed a majority on Thursday to convict former President Jair Bolsonaro of plotting a coup to remain in power after losing the 2022 election.Justice Carmen Lucia voted on Thursday t...Reuters
7 hours ago
Brazil top court panel forms majority to convict Bolsonaro for criminal organization
By Luciana Magalhaes and Ricardo BritoBRASILIA, Sept 11 (Reuters) - A five-member panel of Brazil's Supreme Court formed a majority on Thursday to convict former President Jair Bolsonaro of being part of an armed criminal organization.Justice Carmen Lucia voted to convict Bolsonaro on Thursday, ...Reuters
8 hours ago
NZD/USD climbs to near one-month high as Greenback weakens after US CPI data
The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) on Thursday, with NZD/USD extending gains for the second straight session after reversing earlier losses as the Greenback softened in the wake of the latest US inflation release.Fxstreet
8 hours ago
CANADA FX DEBT-Canadian dollar rebounds as US data reinforces Fed rate-cut case
Canadian dollar gains 0.2% against the greenbackTouches its lowest since August 22 at 1.3890Price of oil decreases 1.9%10-year yield hits lowest since May 16 at 3.133%.By Fergal Smith TORONTO, Sept 11 (Reuters) - The Canadian dollar recovered from a near three-week low against its U.S. counterpar...Reuters
9 hours ago
Brazil Supreme Court Justice Carmen Lucia votes in Bolsonaro trial, could secure majority
BRASILIA, Sept 11 (Reuters) - Brazilian Supreme Court Justice Carmen Lucia began reading her vote on Thursday in the final deliberations of the trial of former President Jair Bolsonaro, who is charged with plotting a coup to remain in power after he lost the 2022 election.Two members of a five-judge...Reuters
9 hours ago
Canadian Dollar finds a foothold on Thursday, paring losses on a technical bounce
The Canadian Dollar (CAD) found firm bids on Thursday, springing back from a three-week low and chalking in another technical rejection from the 200-day Exponential Moving Average (EMA) against the US Dollar (USD).
Fxstreet
9 hours ago
