Analysis: Currencies

Bank of Canada head wants review to leave 2% inflation target unchanged

he Bank of Canada's 2% inflation target should be maintained in a review set for 2026, Governor Tiff Macklem said on Friday, saying central bank needed to focus on risks such as the imposition of U.S....

Estonia's tech investors take defence into their own hands as Russian threat looms

Estonia, a Baltic country of 1.4 million people that has long punched far above its weight in the tech sector, is now leading central and eastern Europe's rush to fund defence projects spurred by...

Fed's Kugler says inflation risks remain, cites economic policy uncertainty

Federal Reserve Governor Adriana Kugler said on Thursday U.S. inflation still has some way to go to reach the Fed's 2% target, and that its path toward that goal continues to be bumpy. ...

Fed's Barr, stepping down from regulatory post, warns against weaker bank rules

The Federal Reserve's top regulatory official cautioned Thursday against a weakening of bank rules and oversight that could make firms vulnerable to surprise shocks. Fed Vice Chair for...

Zelenskiy needs to come back to the table on critical minerals deal, White House says

Ukrainian President Volodymyr Zelenskiy needs to come back to the negotiating table and strike a critical minerals deal that recognizes the amount of aid the U.S. has provided the country in its fight...

Fed's Bostic expects two rate cuts in 2025, but sees widespread uncertainty

Atlanta Federal Reserve President Raphael Bostic said on Thursday the U.S. central bank should still be able to lower interest rates by a half a percentage point this year, though there remains...

Miner Vale posts $694 million loss in fourth quarter

Brazilian miner Vale reported on Wednesday a $694 million loss in the fourth quarter, compared to a $2.4 billion profit a year earlier, and far below the $1.95 billion profit expected by analysts in a...

Yen rises, dollar steady as traders assess tariff risk, policy outlook

The yen firmed and the U.S. dollar held steady on Thursday as investors pondered what U.S. President Donald Trump's latest tariff agenda would mean for the global economy and how it could affect the...

Exclusive-Almost 90% of Japanese companies see Trump as bad for business, Reuters survey shows

Almost nine out of 10 Japanese companies expect U.S. President Donald Trump's policies to negatively affect business, a Reuters survey showed on Thursday, the clearest sign yet of mounting worry in...

Canada is focused on making sure US doesn't impose tariffs, says Trudeau

Canada is totally focused on making sure the United States does not go ahead with a threat to impose tariffs on Canadian imports, Prime Minister Justin Trudeau said on Wednesday. If ever...

Russian wealth fund sees U.S. companies returning in 2025

Russia's sovereign wealth fund expects a number of U.S. companies to return to Russia as early as the second quarter of 2025, TASS quoted the head of the fund, Kirill Dmitriev, as saying on Wednesday...

Canada's annual inflation rate increases to 1.9% in January

Canada's annual inflation rate rose 1.9% in January, up from 1.8% in December as lower prices helped by a sales tax reprieve were partly offset by higher cost of gasoline and natural gas, data showed...

Currencies: A little more effort

The recent actions of the White House now seem to have only a limited effect on the dollar's trend. While the dollar is still benefiting from a favorable environment , its upward momentum has waned...

Japan braces for BOJ to lift rates sooner and higher

Hawkish comments from the Bank of Japan and sticky inflation are lifting bond yields to multi-year highs and pushing forward rate hike expectations, shaking long-held views that rates would not rise...

Exclusive-Five Iraqi banks to be banned from U.S. dollar transactions - sources

Iraq's central bank will ban five more local banks from engaging in U.S. dollar transactions, a move that comes after meetings with U.S. Treasury officials in efforts to combat money laundering,...

Fed's Logan calls for caution on rate cuts, even if inflation cools

Dallas Federal Reserve Bank President Lorie Logan on Friday reiterated her view that even if inflation nears the Fed's 2% goal in coming months, the U.S. central bank should not necessarily reduce...

US manufacturing output falls in January on weak motor vehicle production

U.S. manufacturing production unexpectedly fell in January, weighed down by a sharp decline in motor vehicle output. Factory output dipped 0.1% last month after a downwardly revised 0.5%...

Brazil hints at WTO complaint, tax on US products after Trump steel tariffs

President Luiz Inacio Lula da Silva said on Friday that Brazil would react to U.S. President Donald Trump's decision to issue tariffs on steel imports, suggesting his government could file a complaint...

China's Ganfeng starts lithium production at Argentina's Mariana project

China's Ganfeng Lithium mining company has begun producing lithium at its Mariana project in northern Argentina, it said on Wednesday, kicking off one of several of its new lithium projects under way...