Analysis: Currencies

Israeli startups make global plans after key role in war

The drone that tracked Hamas leader Yahya Sinwar and filmed him as he lay dying in footage beamed around the world last October was made by Israeli startup Xtend, according to media reports, one of...

US pending home sales drop to snap four months of gains

Contracts to buy U.S. previously owned homes fell in December to snap a four-month streak of increases, with particularly sharp declines in the pricier Northeast and West regions as higher mortgage...

US weekly jobless claims decline more than expected

The number of Americans filing new applications for unemployment benefits fell more than expected last week, pointing to low layoffs though job opportunities are becoming scarce for those who are out...

Fed guided by economic goals and the law, not politics, says Powell

Fielding a range of questions about the imprint of the Trump administration on the U.S. central bank, Federal Reserve Chair Jerome Powell on Wednesday said that politics had not prompted the Fed's...

Fed stands pat, leans hawkish with omission of inflation-progress reference

The Federal Reserve left interest rates in the 4.25% to 4.50% target range on Wednesday and gave little insight into when further easing may take place in an economy where inflation remains above...

Instant View: Bank of Canada cuts benchmark rate by 25 basis points

The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major...

Bank of Canada cuts growth forecasts for 2025 and 2026

The Bank of Canada on Wednesday cut its growth forecasts for both 2025 and 2026, citing the dampening effect of government policies designed to curb population growth. The forecasts,...

Fed entering tough period for measuring money market liquidity

The Federal Reserve, which wraps up its latest monetary policy meeting on Wednesday, is about to enter one of the more challenging periods of managing what most observers believe is the approaching...

Bank of Canada most likely to cut rates by 25 bps on Wednesday

The Bank of Canada is almost certain to trim its key policy rate by 25 basis points on Wednesday as a slew of factors, from potential cross-border tariffs to a reduced population target, keep the...

Iron ore output from Brazil's Vale slid 4.6% in fourth quarter

Iron ore production from Brazilian miner Vale fell 4.6% during last year's fourth-quarter compared to the same period a year earlier, settling at 85.3 million metric tons, the company reported on...

Argentina lifts tariffs on low-cost EVs and hybrids, cuts some auto taxes

Argentina next week will lift import tariffs on some low-cost electric and hybrid vehicles, while cutting taxes on higher-priced cars and motorcycles, the nation's economy minister said on Tuesday. ...

Currencies: Paradigm shift?

Between future central bank announcements, potential AI woes with the rise of DeepSeek and Donald Trump's economic policies, currency traders have a lot of data to digest, to the point of making the...

Exclusive-Russian oil refining rises as US sanctions target crude exports - sources

Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian tankers and traders made exports of unprocessed crude more difficult, two...

Lawyer group urges overhaul of US bank charter process to encourage new entrants

U.S. authorities must simplify the process to obtain bank charters, a group of lawyers wrote in a letter to the incoming leadership of banking agencies, emphasizing the industry's need to adapt in an...

Appetite for IPOs is strong, but watch those valuations, analysts say

The tepid reception to Venture Global's ambitious valuation target shows companies need to set realistic expectations when going public, Wall Street analysts said, and could be a signal that the...

US business activity at nine-month low in January; hiring accelerates

U.S. business activity slowed to a ninth-month low in January amid rising price pressures, but firms reported boosting hiring, supporting the Federal Reserve's cautious approach to cutting interest...

Futures dip on Trump policy uncertainty; data, earnings awaited

U.S. stock index futures dipped on Friday, as uncertainty about President Donald Trump's trade policies prevailed, while investors also awaited data and corporate earnings reports that could throw...

BOJ likely to raise rates to highest in 17 years, signal more hikes

The Bank of Japan is expected to raise interest rates on Friday to levels unseen since the 2008 global financial crisis, as a broad worldwide stocks rally calms policymakers' fears U.S. President...

US weekly jobless claims increase marginally

The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting that solid job growth likely continued in January. Initial claims for...