Analysis: Currencies

Japan manufacturers turn cautious about business outlook due to Trump tariffs

TOKYO - Japanese manufacturers expressed improved business sentiment in April versus March though are bearish about their outlook over the next three months as they brace for the impact of sweeping...

Trading Day: Another lull, but fireworks are coming

ORLANDO, Florida - TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist ECB, China GDP, Powell up next Investors enjoyed another day of much-needed rest...

Brazil auto market offers warning for US tariff policy

SAO PAULO - When Brazil hiked trade barriers in its auto market over a decade ago, the government promised more local manufacturing, reliable jobs and better cars. Instead, carmakers opened and then...

US import prices muted, but tariffs loom over inflation

WASHINGTON - U.S. import prices unexpectedly fell in March, pulled down by decreasing costs for energy products, the latest indication that inflation was subsiding before President Donald Trump's...

Canadian home sales post weakest March since 2009 on tariff uncertainty

TORONTO - Canadian home sales and house prices declined in March, while the outlook for the full year turned less rosy, as U.S.-led global trade tensions threatened to upend the domestic economy, data...

Instant View: Canada's annual inflation eases to 2.3% in March

TORONTO - Canada's annual inflation rate fell to 2.3% in March from 2.6% in February, helped by lower gasoline and travel tour prices. Analysts had expected inflation to remain at 2.6% Market...

Argentina peso tumbles as Wall St cheers FX controls easing, IMF deal

BUENOS AIRES -Argentina's peso slid 10% on Monday to near 1,200 per dollar after the country undid large parts of its currency and capital controls at the end of last week, part of sealing a $20...

Argentina farmers focus on harvest over sales despite currency boost

BUENOS AIRES - Argentina's grain industry welcomed an exchange-rate overhaul on Monday, though the new measures will likely not translate into immediate sales as the harvest remains behind schedule,...

Bank of Canada is more likely to halt interest rate cuts after tariff pause

OTTAWA - The Bank of Canada is likely to pause its rate-cutting cycle this week as rising inflation, weakened employment and U.S. President Donald Trump's retreat from sweeping reciprocal tariffs have...

Currencies: A turnaround

A few weeks ago, we invited you to take a look at the US 10-year curve to anticipate changes in the dollar. But there you have it! That was before Liberation Day and the subsequent reversals that...

Reuters poll: Rising Canada recession risk to trigger at least two more rate cuts this year 

BENGALURU - Growing recession risks to Canada from the U.S.-led trade war will push the Bank of Canada to cut interest rates at least twice more this year, although a majority of economists said...

Argentina seals $20 billion IMF deal, tears down currency controls

BUENOS AIRES -Argentina sealed a $20 billion, 48-month Extended Fund Facility deal with the International Monetary Fund on Friday and, in a major policy move ahead of the deal, dismantled key parts of...

From near $1 to tariff war winner, euro confounds its naysayers

The euro has emerged as a surprise winner of the recent tariff-induced market turmoil, confounding the earlier consensus by surging to a three-year high against the dollar as Europe proves a...

Jump in US inflation expectations, market jitters heighten Fed's dilemma

WASHINGTON -Soaring consumer inflation expectations, driven to a level not seen since the early 1980s, coupled with jittery markets and rising U.S. Treasury yields on Friday amplified the Federal...

Tariffs angst sinks US consumer sentiment, boosts inflation expectations

WASHINGTON - U.S. consumer sentiment deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions that have...

Traders lighten bets on Fed rate cuts, still eye June start

Traders on Friday continued to pull back from bets on aggressive Federal Reserve interest-rate cuts this year, as the closely-followed University of Michigan surveys of consumer sentiment showed...

Market distress could see trillions of dollar holdings seek currency protection

SINGAPORE -As Donald Trump's grand plan to redefine global trade whipsaws the U.S. dollar, investors who hold tens of trillions' worth assets in the currency may for the first time in decades be...

Is the Dollar's Reign on the Line?

The U.S. dollar took a nosedive on Friday, hitting a decade-low against the Swiss franc. Investors, spooked by growing concerns over the U.S. economy, sought refuge in safer assets like the Swiss...

Brazilian lender BRB expects lower Banco Master price with deal adjustment, CEO says

SAO PAULO - The acquisition of some of lender Banco Master's assets by Brazil's government-controlled bank BRB is likely to exclude much more than 23 billion reais in assets, BRB's president said on...