Analysis: Currencies

US consumer prices increase marginally, but inflation pressures persist

U.S. consumer prices increased less than expected in January amid cheaper gasoline and a moderation in rental inflation, but households faced higher costs for services, suggesting little urgency for...

Bessent says Senate Banking Committee agreed to proceed with hearings for Fed nominee Warsh

The Senate Banking Committee will proceed with confirmation hearings for Kevin Warsh, President Donald Trump's pick to head the Federal Reserve, despite a key senator's hold on the nomination,...

US tariffs, Chinese competition weigh on EU trade, data show

The EU's trade surplus kept shrinking, data showed on Friday, as tariffs weighed on exports to the U.S. and rising Chinese imports crowded out domestic production, highlighting existential threats to...

Start-of-year price increases seen lifting monthly US consumer inflation in January

U.S. consumer prices likely maintained a steady pace of increase in January as businesses raised prices at the start of the year, which together with a stabilizing labor market could allow the Federal...

Fed policy is tighter than thought, inflation not a problem, Miran says

The Federal Reserve's current monetary-policy setting threatens U.S. economic growth that otherwise is being underwritten by a range of Trump administration policies including tax cuts, Fed Governor...

Global EV sales hampered by China, US slowdown in January

Global EV registrations fell 3% in January as the introduction of a purchase tax and lower EV subsidies in China and policy changes in the U.S. hindered sales, data by consultancy Benchmark Mineral...

Canadian dollar weakens as equities, oil prices slide

The Canadian dollar weakened against its U.S. counterpart on Thursday as equity and commodity markets fell, while a U.S. lawmaker vote against tariffs on Canadian goods had little impact. ...

US labor market stabilizing; housing sector still subdued

The number of Americans filing new applications for unemployment benefits decreased less than expected last week, but the decline was consistent with economists' view that the labor market was...

Why Japan's emboldened PM won't toy with risks of a weak yen

Japanese Prime Minister Sanae Takaichi's landslide election win has given fresh impetus to her economic stimulus agenda but the risk of destabilising yen declines remains one firm check on her push...

US Fed to review previously flagged bank shortcomings, memo says

The Federal Reserve plans to review issues its examiners had previously flagged for banks to address, as the U.S. central bank overhauls its oversight of the nation's financial institutions, according...

Fed's Schmid says too soon to expect productivity to fix still-elevated inflation

The U.S. central bank needs to keep tight monetary policy in place for now amid continued strong economic growth, Kansas City Federal Reserve President Jeffrey Schmid said on Wednesday, cautioning...

Fed's interest rate pause bolstered by jobs data, but concerns linger

Federal Reserve policymakers look likely to keep interest rates on hold for longer after data on Wednesday showed the U.S. job market began 2026 on better footing than expected, but revisions showing...

US job growth surges in January, but labor market far from turning around

U.S. job growth unexpectedly accelerated in January and the unemployment rate fell to 4.3%, signs of labor market stability that could give the Federal Reserve room to keep interest rates unchanged...

Fed to hold rates through May, but Warsh may be too loose with policy, economists say

The Federal Reserve will hold its key benchmark rate steady for the rest of Fed chair Jerome Powell's tenure through May but cut immediately afterward in June, according to a Reuters poll of...

US job growth likely picked up in January; unemployment rate forecast steady at 4.4%

U.S. job growth likely picked up in January, supported by fewer layoffs in some seasonal industries, but the labor market remained sluggish as lingering uncertainty over import tariffs tempered hiring...

Yen perky as Japan fiscal fears dissipate, dollar shaky ahead of payrolls

The yen held on to solid gains on Wednesday, bolstered by a rally in Japan's stock market and bets that Prime Minister Sanae Takaichi's landslide election victory puts her in a strong position to...

Fed's Logan: 'cautiously optimistic' that current rate-setting will do the job

Dallas Federal Reserve President Lorie Logan said on Tuesday she's cautiously optimistic that the Fed's current policy rate setting will get inflation headed to its 2% goal while keeping the job...

EU Parliament backs digital euro, aligns with Council on online- and offline-ready currency

The European Parliament gave its first major backing to the digital euro on Tuesday, endorsing the European Council's negotiating stance for a central bank digital currency with both online and...

US labor costs growth cools in fourth quarter

Growth in U.S. labor costs unexpectedly slowed in the fourth quarter, leading to the smallest annual increase in 4-1/2 years, as softening demand for labor restrained wage gains.  The...