Analysis: Currencies

Trump's attacks on Fed, data integrity weigh on US dollar forecasts

BENGALURU -The U.S. dollar will weaken steadily over the coming months on mounting concerns over the Federal Reserve's independence, the credibility of official statistics, ballooning fiscal debt and...

Trump set to fill Fed board vacancy by week's end, has narrowed chair search to four

WASHINGTON -U.S. President Donald Trump said on Tuesday he will decide on a nominee to fill a coming vacancy on the Federal Reserve's Board of Governors by the end of the week, and had separately...

Brazil's iFood app announces $3.1 billion in investments

SAO PAULO -Brazilian food delivery app iFood, owned by Dutch investment group Prosus, announced on Tuesday direct investments of 17 billion reais in the country between April 2025 and March 2026. ...

Euro zone business growth inched up in July but remained subdued, PMI shows

LONDON -Business activity in the euro zone grew at a slightly faster pace in July than in June but remained sluggish as demand dipped, a survey showed on Tuesday. The HCOB Eurozone...

Exclusive-Fed's Daly says time is nearing for rate cuts, may need more than two

San Francisco Federal Reserve Bank President Mary Daly on Monday said that given mounting evidence that the U.S. job market is softening and no signs of persistent tariff-driven inflation, the time...

Brazil chooses local relief over retaliation for US tariffs, sources say

BRASILIA -Brazil's government has set aside for now plans for direct retaliation against steep U.S. tariffs taking effect this week, focusing instead on a relief package for industries hit hardest by...

Payrolls soft, messenger fired

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Whatever the market take was from Friday's surprisingly soft U.S. payrolls...

Buy the dip, we can worry about jobs later

A look at the day ahead in European and global markets from Wayne Cole. It's been a case of buy the dip so far on Monday as U.S. and European stock futures edge up, along with the...

Brazil's Azul secures $650 million investment commitment

SAO PAULO -Brazilian airline Azul said it signed an agreement with certain stakeholders for a $650 million investment in a future capitalization deal, according to a late Friday securities filing. ...

Investors react to Kugler's resignation, firing of  BLS commissioner

The Federal Reserve said on Friday that Governor Adriana Kugler was resigning from the central bank effective Aug. 8. Separately, U.S President Donald Trump ordered that the...

Kugler resigning from Fed, opening door to Trump appointment

The Federal Reserve said on Friday that Governor Adriana Kugler is resigning early from her term and will exit the central bank on Aug. 8, potentially shaking up what was already a fractious...

Trump says Fed's Powell should be put 'out to pasture'

U.S. President Donald Trump said on Friday that Federal Reverse Chairman Jerome Powell should be put out to pasture. He made the comments in a Truth Social post, where he ordered the...

US labor market cracks widen as job growth hits stall speed

WASHINGTON -U.S. employment growth was weaker than expected in July while the nonfarm payrolls count for the prior two months was revised down by a massive 258,000 jobs, suggesting a sharp...

US weekly jobless claims rise marginally

WASHINGTON -The number of Americans filing new applications for unemployment benefits increased marginally last week, suggesting that the labor market remained stable, though it is taking longer for...

Brazil sees 35.9% of exports to US facing steeper tariff, pushes reversal for coffee

BRASILIA -Brazil estimates that 35.9% of its exports to the U.S. by value will be hit by a steep 50% tariff under a new executive order by Donald Trump's administration, Vice President Geraldo...

Fed's reticence on rate cuts forces market to rethink outlook

NEW YORK -The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its prevailing caution and has forced investors to dial back...

National Restaurant Association lobbies against US tariffs

The National Restaurant Association said it was extremely concerned about the possibility of new tariffs in a letter sent to U.S. Trade Representative Jamieson Greer on Tuesday. Trump...

BOJ turns less gloomy on economy, keeps rate-hike chance alive

TOKYO -The Bank of Japan revised up its inflation forecasts on Thursday and offered a less gloomy outlook on the economy than three months ago, keeping alive the possibility of a resumption in...

US yields climb as Fed's Powell uncertain about September easing

NEW YORK -U.S. Treasury yields rose on Wednesday after Federal Reserve Chair Jerome Powell said it's too soon to say whether the central bank will cut its interest rate target in September. ...