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FOREX-Dollar gets a weekly boost ahead of US-China trade talks
Dollar up on trade deal prospects, analyst saysEuro, sterling, kiwi and yen hit multi-week lowsAll eyes on U.S.-China talks in GenevaBy Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, May 9 (Reuters) - The dollar headed for a weekly gain on most major currencies on Friday, after a U.S.-UK trade...Reuters
29 minutes ago
AUD/JPY drops to near 93.00 as Japanese Yen rises following personal spending data
AUD/JPY retreats from its recent gains during European trading hours on Friday, hovering near the 93.10 level. The Japanese Yen (JPY) is strengthening, supported by domestic data showing a stronger-than-expected rise in personal spending for March—an encouraging sign for consumption.
Fxstreet
57 minutes ago
USD/CHF slips to near 0.8300 as US yields fall, focus on US-China trade talks
USD/CHF edged lower during Asian trading on Friday, hovering around 0.8310 after posting gains in the previous two sessions. The pair came under pressure as the US Dollar (USD) softened, weighed down as US Treasury yields declined.
Fxstreet
2 hours ago
FOREX-Dollar eyes weekly rise into US-China trade talks
Dollar up on trade deal prospects, analyst saysEuro, sterling, kiwi and yen hit multi-week lowsAll eyes on U.S.-China talks in Geneva SINGAPORE, May 9 (Reuters) - The dollar headed for a weekly gain on most major peers on Friday as a U.S.-UK trade deal raised hopes of progress in looming U.S.-Chi...Reuters
3 hours ago
RPT-COLUMN-Europe braces for Transatlantic capital reverse: Mike Dolan
By Mike DolanLONDON, May 8 (Reuters) - Europe may be better prepared to absorb a seismic shift in global investment flows than many assume, as a number of regulatory twists are set to bolster euro market depth.U.S. President Donald Trump's unilateral redrawing of world trade rules is raising the...Reuters
3 hours ago
EUR/USD rebounds above 1.1200, downside remains due to improved US Dollar
The EUR/USD pair trimmed daily losses and is trading around 1.1230 during Friday's Asian session. The pair depreciated as the US Dollar (USD) found support from upbeat US economic data and signs of easing trade tensions.
Fxstreet
3 hours ago
Australia, New Zealand currencies set for weekly loss as dollar makes comeback
SYDNEY, May 9 (Reuters) - The Australian and New Zealand dollars are set for a weekly loss on Friday as a hawkish outlook on U.S. interest rates lifted the battered greenback, though the direction of travel will now rest on progress in looming Sino-U.S. trade talks at the weekend.The Aussie AUD=D3 e...Reuters
5 hours ago
Iron ore rangebound as investors weigh Sino-US trade talks, slow demand
BEIJING, May 9 (Reuters) - Iron ore futures traded in a tight range on Friday as investors weighed prospects of easing Sino-U.S. trade tensions against seasonally weak demand from top consumer China. The most-traded September iron ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv...Reuters
6 hours ago
Australia, New Zealand currencies set for weekly loss as dollar makes comeback
SYDNEY, May 9 (Reuters) - The Australian and New Zealand dollars are set for a weekly loss on Friday as a hawkish outlook on U.S interest rates lifted the battered greenback, though the direction of travel will now rest on progress in looming Sino-U.S. trade talks at the weekend.The Aussie AUD=D3 sl...Reuters
6 hours ago
FOREX-Dollar eyes weekly rise into US-China trade talks
SINGAPORE, May 9 (Reuters) - The dollar headed for a weekly gain on most major peers on Friday as a U.S.-UK trade deal raised hopes of progress in looming U.S.-China talks, while bets of imminent U.S. rate cuts receded after the Federal Reserve indicated it was in no hurry. Financial Markets are ...Reuters
7 hours ago
Brazilian lender Itau's recurring profit rises; Citi cites 'decent quarter'
SAO PAULO, May 8 (Reuters) - Brazilian lender Itau Unibanco ITUB4.SA posted on Thursday a 13.9% increase in its first-quarter net recurring profit compared with a year earlier, marginally beating analysts' forecast amid a rise in profitability and a lower default ratio. Latin America'...Reuters
8 hours ago
Brazil pulp maker Suzano posts core earnings miss in first quarter
SAO PAULO, May 8 (Reuters) - Suzano SUZB3.SA, one of the largest pulp makers in the world, on Thursday posted first quarter core earnings that were below market expectations, although they were higher when compared to a year earlier. Core earnings, as measured by adjusted earnings before interest, t...Reuters
9 hours ago
RPT-Asian banks see big boost to wealth business as currencies rally
Asian currency rally boosts demand for wealth, forex productsTrump's tariffs push investors from U.S. assets to AsiaCurrency volatility drives demand for Asia banks' forex servicesBy Selena Li, Yantoultra Ngui and Anton Bridge HONG KONG/SINGAPORE, May 8 (Reuters) - A sharp rally in Asian...Reuters
10 hours ago
Coinbase Global-Aware That Some Users May Be Experiencing Delayed Sends & Receives On Dydx Network
Coinbase Global Inc COIN.O:COINBASE GLOBAL-AWARE THAT SOME USERS MAY BE EXPERIENCING DELAYED SENDS & RECEIVES ON DYDX NETWORKCOINBASE GLOBAL INC -BUYS, SELLS, AND FIAT WITHDRAWALS/DEPOSITS REMAIN UNAFFECTED ON DYDX NETWORKSource text: [ID:]Reuters
10 hours ago
Intact underwriting income up 6% even as Q1 cat losses rise 2.5 points
By Chris MunroMay 8 - (The Insurer) - Intact Financial Corporation ended the first quarter of 2025 with underwriting income ticking up 6% to C$485 million ($348 million) as its combined ratio deteriorated 10 basis points to 91.3%.The combined ratio remained relatively flat even though catastrophe lo...Reuters
11 hours ago
Citi may record devaluations on ruble-denominated assets
May 8 (Reuters) - Citigroup C.N said on Thursday it may record devaluation on its Russian ruble-denominated assets in earnings. Citigroup, which had previously announced it was ending all institutional banking services in Russia, had Russia-related exposures of $2.0 billion and total clients' ex...Reuters
11 hours ago
FOREX-Dollar rises against safe-haven currencies buoyed by US-UK trade deal
Trump announces US-UK trade dealDollar hits four-week high against Japanese yenMarkets eyeing U.S.-China trade talksDollar index reaches highest since April 10By Chibuike Oguh NEW YORK, May 8 (Reuters) - The U.S. dollar gained against the safe-haven yen and Swiss franc on Thursday with market ner...Reuters
13 hours ago
UBS in talks to sell hedge fund O'Connor to Cantor Fitzgerald, Bloomberg News reports
May 8 (Reuters) - Swiss lender UBS UBSG.S is in talks to sell its hedge fund unit, O'Connor, to U.S. brokerage Cantor Fitzgerald, Bloomberg News reported on Thursday, citing people familiar with the matter.Talks of the deal, which the report said could involve a revenue sharing agreement, come a...Reuters
14 hours ago
CANADA FX DEBT-Canadian dollar hits three-week low on broad-based USD strength
Canadian dollar weakens 0.7% against the greenbackTouches its weakest since April 16 at 1.3933BoC says prolonged trade war could hurt banksBond yields rise across the curveBy Fergal Smith TORONTO, May 8 (Reuters) - The Canadian dollar fell to a three-week low against its U.S. counterpart on Thurs...Reuters
15 hours ago
Bank of England cuts rates in split decision before US tariff deal
Bank of England cuts main interest rate to 4.25% from 4.5%Two BoE policymakers unexpectedly oppose cutting ratesTariffs expected to knock growth, push down UK inflationMarkets ditch bets on back-to-back May-June rate cutsBy David Milliken, Suban Abdulla and William Schomberg LONDON, May 8 (Reuter...Reuters
15 hours ago