Analysis: Currencies

Venezuela events, jobs data set to jolt stocks as 2026 kicks off

The first full trading week of the new year could shake the U.S. stock market out of its winter holiday slumber as investors parse the rapid developments in Venezuela while monthly jobs data looms. ...

Dollar starts 2026 tentatively higher after biggest annual drop in eight years

The U.S. dollar made a slightly positive start to 2026 on Friday after struggling against most currencies last year, while the yen inched back towards a 10-month low as traders awaited U.S. economic...

Dollar makes a soft start to 2026 after sharpest drop in 8 years

The U.S. dollar made a feeble start to 2026 on Friday after struggling against most currencies last year, while the yen steadied near 10-month lows as traders awaited economic data this month to gauge...

Fed buying, record repo facility use steady year-end US funding markets

U.S. short-term funding markets saw some of the usual year-end tension this week, but the Federal Reserve's renewed buying of short-term government debt and heavy use of its Standing Repo Facility...

Dollar climbs after claims data but still well down in 2025

The U.S. dollar advanced on Wednesday, erasing earlier declines after a stronger than expected labor market reading, but it was still set for its biggest annual drop since 2017 after a year of...

Fed policymakers judged 'ample' levels of reserves warranted bill-buying, minutes show

The Federal Reserve's decision earlier this month to start buying short-dated government bonds came after a recommendation from staff to do so and a judgment by policymakers that the level of reserves...

Fed officials showed deep divisions at December meeting, minutes show

The U.S. Federal Reserve agreed to cut interest rates at its December meeting only after a deeply nuanced debate about the risks facing the U.S. economy right now, according to minutes of the latest...

Trump administration must fund US consumer finance watchdog, judge says

A federal judge on Tuesday rejected a claim by President Donald Trump's administration that it is legally barred from securing funding for the U.S. Consumer Financial Protection Bureau, noting that a...

US bonds shined in 2025 but returns could lose altitude next year

U.S. bond investors may face a tougher 2026, with some market-watchers forecasting slower returns as the Federal Reserve dials back rate cuts and potential fiscal stimulus complicates the outlook...

Final Fed minutes of 2025 to shed light on policy divisions

Minutes of the Federal Reserve's December 9-10 policy meeting are expected on Tuesday to shed fresh light on disagreements among policymakers over a decision to reduce short-term rates a third...

Banks tap Fed liquidity tool amid year-end pressures

A key Federal Reserve overnight liquidity facility saw increased use on Monday, data from the New York Fed showed. The U.S. central bank lent a total of $25.95 billion on Monday to...

S&P 500 eyes 7,000 mark as investors look for upbeat end to strong 2025

Investors are looking for the U.S. stock market to end 2025 on a high note next week, with equities at record peaks and nearing further bullish milestones to close out another strong year. ...

US weekly jobless claims fall, but more people collecting unemployment checks

The number of Americans filing new applications for jobless benefits unexpectedly fell last week, consistent with a low level of layoffs, but the unemployment rate likely remained high in December...

US weekly jobless claims unexpectedly fall

The number of Americans filing new applications for jobless benefits unexpectedly fell last week, but the unemployment rate likely remained high in December amid sluggish hiring. Initial...

Bank of Canada can't tell if next rate move will be a hike or a cut, say minutes

Ahead of the Bank of Canada's rates decision on December 10, Governing Council agreed it was hard to predict whether its next move would be a hike or cut, according to minutes of the meeting released...

Robust consumer spending, rising exports fuel US economic growth in third quarter

The U.S. economy grew at its fastest pace in two years in the third quarter, fueled by robust consumer spending and a sharp rebound in exports, though momentum appears to have faded amid the rising...

Canadian economy posts big October drop, partial recovery seen in November

Canada's economy shrank by a greater-than-expected 0.3% in October, the largest drop in almost three years, but is expected to stage a partial recovery in November, official data showed on Tuesday. ...

Yen strengthens amid intervention threat, traders await US data

The yen strengthened amid broad U.S. dollar weakness on Tuesday after the severest warning yet from authorities signalling Tokyo's readiness to intervene while traders awaited U.S. GDP data. ...

Yen strengthens in thin trade amid intervention threat

The yen strengthened amid broad U.S. dollar weakness on Tuesday after the severest warning yet from authorities signalling Tokyo's readiness to intervene, as the Japanese currency hovered near recent...