Analysis: Currencies

Trump says 'not much' doubt interest rates will be lowered, in NBC interview

U.S. President Donald Trump said on Wednesday there was not much doubt in his mind that benchmark U.S. interest rates will be lowered by the Federal Reserve. Trump said in an interview...

US services sector treads water in January as new orders slow

The U.S. services sector held steady in January, but businesses paid more for inputs, suggesting that services inflation could pick up after being on a slowing trend in recent months. ...

US services sector steady in January,  supply constraints from AI data centers feared

The U.S. services sector held steady in January, with businesses increasingly worried about supply constraints tied to a data center construction boom powering artificial intelligence. ...

Yen heads for fourth straight day of losses ahead of Japan's elections

The dollar rose against the yen on Wednesday, pushing the Japanese currency towards its fourth consecutive daily decline ahead of elections expected to boost Prime Minister Sanae Takaichi's fiscal and...

Democratic senators seek delay in nomination proceedings of Warsh for Fed chair

The Democratic members of the Senate Banking committee on Tuesday asked Republican committee chair Senator Tim Scott to delay the nomination proceedings for former Federal Reserve governor Kevin...

Investors ramp up bets on steeper yield curve under Warsh-led Fed

Investors are ramping up bets on higher long-dated Treasury yields and a steeper yield curve as incoming Federal Reserve Chair Kevin Warsh is expected to press for interest rate cuts while shrinking...

Fed's Barkin says hard to know how long higher productivity will last

Rising productivity is helping businesses ease cost pressures, aiding the U.S. central bank's inflation fight, but it is difficult to predict if it will persist and, as a result, hard to know how...

Top consulting firms test boundaries with China workarounds

Faced with a fraught geopolitical environment, global consultancies are turning to riskier ways to do business in China that some industry and legal experts say test the boundaries of Western...

US to cut tariffs on India to 18%, India agrees to end Russian oil purchases

U.S. President Donald Trump on Monday announced a trade deal with India that slashes U.S. tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade...

EURO / US DOLLAR (EUR/USD): EUR/USD: Possible End to recent trend

The appointment of Kevin Warsh as chairman of the Federal Reserve has turned the tide for the dollar, while deepening the sell-off in precious metals. Amongst the contenders, Warsh is a surprising...

Currencies: Volatility at every level

For some, making it to the end of the month can be tough. For investors, the end of January was marked above all by heightened volatility across most asset classes: a sharp drop in precious metals,...

Euro zone firms see deteriorating profits, ECB survey shows

Euro zone firms expect revenues to keep rising this quarter but profitability is taking a hit, the European Central Bank's quarterly Survey on the Access to Finance of Enterprises showed on Monday. ...

Warsh 'regime change' faces steep hurdles at a sprawling US central bank

Kevin Warsh checks a long list of boxes for President Donald Trump as his pick to run the Federal Reserve, with longstanding political and social ties to the president, deep Wall Street connections...

Five things to know about Kevin Warsh, Trump's 'central casting' Fed chair pick

U.S. President Donald Trump on Friday said he will nominate former Federal Reserve governor Kevin Warsh to return as Fed Chair in May, as the president continues his campaign for lower U.S. interest...

Trump's Fed chair pick Warsh likely to boost Wall St rule easing

Kevin Warsh, U.S. President Donald Trump's pick to chair the Federal Reserve, will likely boost the central bank's effort to ease Wall Street bank rules, and allow the administration a bigger say on...

US producer prices post biggest gain in five months, businesses passing on tariffs

U.S. producer prices increased by the most in five months in December amid some pass-through from import tariffs, suggesting inflation could pick up in the months ahead and allow the Federal Reserve...

Trump says Fed pick due Friday after meeting Warsh at White House

President Donald Trump is expected to name a successor to Federal Reserve Chair Jerome Powell on Friday after a White House meeting the previous day with former Fed Governor Kevin Warsh, a Fed critic...

Investors gain some Fed clarity with Warsh choice, but mull rate path

The choice of Kevin Warsh to lead the U.S. Federal Reserve clears uncertainty on Wall Street about the central bank's likely next chair, but leaves investors weighing how the former Fed governor's...

Trump says he will announce his Fed chief nominee on Friday

U.S. President Donald Trump said he will announce his pick to replace Federal Reserve Chair Jerome Powell on Friday morning. I'll be announcing the Fed chair tomorrow morning, Trump said...