Analysis: Currencies

Hotter January inflation jolts markets, dimming rate cut hopes

Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner the Federal Reserve, undercutting interest rate-cut hopes and even raising...

Hot Jan US CPI surprise hurts case for Fed ease soon

The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over...

Fed's Williams says monetary policy is in right place to achieve Fed goals

Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should help get inflation back to the central bank's 2% target, in comments that...

US, UK, Australia target Russia-based Zservers over Lockbit ransomware attacks

The United States joined Australia and Britain in targeting Russia-based Zservers service provider for its role in supporting the Lockbit ransomware attacks, the U.S. Department of Treasury said on...

US coal exports to India expected to rise due to China tariffs

The United States is expected to boost coal exports to India after China imposed tariffs on energy imports from the U.S., five industry officials said, potentially eroding Australia and Russia's...

Brazil plans levies on US tech firms after Trump steel tariffs, report says

Brazil's government is planning to impose tariffs on U.S. tech companies if President Donald Trump goes ahead with his plans to introduce a 25% tariff on all steel imports into the U.S., newspaper...

Currencies: Tariffs, again

The dollar continues to move in step with President Trump's tweets on the introduction - and scale - of tariffs with his main trading partners. At the moment, this massive negotiating weapon has not...

Wall St futures slip, dollar climbs on tariff threats

Wall Street share futures fell and the dollar rose broadly on Monday after U.S. President Donald Trump repeated warnings of imminent tariffs including on steel and aluminium, an inflationary move that...

Fed officials see healthy jobs market, no rate-cut rush

Federal Reserve officials on Friday said the U.S. job market is solid and noted the lack of clarity over how President Donald Trump's policies will affect economic growth and still-elevated inflation,...

Traders now see just one Fed rate cut this year

Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this year, backing away from earlier bets on two rate cuts starting in June,...

Canada's economy adds 76,000 jobs in January

Canada's economy added 76,000 jobs in January and the jobless rate edged down to 6.6%, Statistics Canada data showed on Friday. Market reaction: [CAD/] Link: ...

Moderate US job growth expected in noisy January employment report

U.S. job growth likely slowed in January, partly restrained by wild fires in California and cold weather across much of the country, though not enough for the Federal Reserve to resume interest rate...

Bank of Canada Governor says Trump's tariffs threat already having an impact

Bank of Canada's Governor Tiff Macklem said on Thursday that a policy shift in the U.S. was causing uncertainty and President Donald Trump's tariff threats were already impacting business and...

Fed releases 2025 bank stress test scenarios

The Federal Reserve announced on Wednesday it would be testing big banks against heightened stress in commercial and residential real estate markets as part of the U.S. central bank's annual stress...

Mexico's central bank will likely bring interest rate down to 9.5%

Mexico's central bank will likely cut its benchmark interest rate by 50 basis points later this week, taking it to 9.50%, a Reuters poll showed on Wednesday, as inflation cools and the economy notched...

Toronto home sales rebound 10% in January

Greater Toronto Area home sales rebounded in January as new listings climbed, while home prices were little changed after two straight months of increases, data from the Toronto Regional Real Estate...

More crowded US dollar trade ramps up expectations for euro parity

A crowded strong U.S. dollar trade is set to get more bunched up in coming months, with near one-third of currency strategists polled by Reuters now expecting the euro to fall to parity with the...

Trade war or not, global investors turn even more cautious on China

As China and the U.S. battle over tariffs, locked in a tussle that could result in a deal or a trade war between the world's two largest economies, staying away from China's stock market is becoming...

Russia seeks to end foreign corporate holding of vodka producer Russian Standard

Russia's finance ministry has added the Russian Standard Group companies to a list of economically significant organisations and launched an arbitration case over their foreign corporate holding...