Analysis: Currencies

Brazil attorney general backs reinstating social medial platform X

Brazil's attorney general's office told the country's Supreme Court on Tuesday that it does not see reasons why social medial platform X should not be reinstated, according to a statement, after it...

Japan real wages back down again after bump from summer bonuses

Japan's inflation-adjusted wages fell in August after two months of increase during the summer bonus season, government data showed on Tuesday, knocking chances of the central bank raising interest...

Currencies: Dollar benefits from Middle East escalation

The spread of the Israeli-Palestinian conflict to Lebanon and Iran, combined with good US unemployment figures, has prompted Forex traders to reposition themselves in favor of the dollar. To the point...

How a rates rethink after strong US jobs data could shake up markets

The reverberations from a blowout U.S. employment number could threaten an assortment of trades predicated on falling interest rates, if stronger-than-expected growth spurs investors to radically...

Japan's top FX diplomat warns against speculative moves as yen falls

TOKYO -Japan's top currency diplomat, Atsushi Mimura, issued on Monday a warning against speculative moves on the foreign exchange market as the yen fell below 149 per dollar. We will...

Dollar on a roll after US jobs data and Middle East flare-up

Japan's yen fell to its lowest in nearly two months and other major currencies too were grappling with losses early on Monday as the dollar extended a rally sparked by Friday's strong U.S. jobs data...

Markets mull potential US 'no landing'

A look at the day ahead in Asian markets. Trading in Asia kicks off on Monday with the global macro and market landscape suddenly appearing very different from how it looked on Friday,...

Fed seen slowing rate-cut pace after strong US jobs data

A surge in job growth last month will allow the Federal Reserve to eschew any further big interest-rate reductions and stick to gradual cuts going forward, traders bet on Friday.  After...

US Sept payrolls jump takes Nov 50 bp cut off the table

U.S. job growth accelerated in September and the unemploymentrate slipped to 4.1% from August's 4.2%, further reducing theneed for the Federal Reserve to maintain large interest ratecuts at its...

BOJ faces fresh challenge as politics, yen complicate rate hikes

Bank of Japan Governor Kazuo Ueda's efforts to lift rock-bottom borrowing costs face fresh challenges as a yen rebound and the new political leadership's preference for loose monetary policy raise the...

US expected to report moderate September job growth

The U.S. economy likely maintained a moderate pace of job growth in September while the unemployment rate is expected to have held steady at 4.2%, which would further reduce the need for the Federal...

Bank of Canada to appoint additional external deputy governor

The Bank of Canada said on Thursday it would appoint a second external deputy governor, a move that will expand the interest rate-setting governing council to seven members from the present six. ...

Canada's services PMI hits six-month low in September

The downturn in Canada's services economy deepened in September as firms shed jobs and new business dropped to a near four-year low, S&P Global Canada services PMI data showed on Thursday. ...

US Senator Warren asks regulator to impose growth curbs on Citi

A prominent Democratic U.S. senator called on a top regulator on Wednesday to impose growth restrictions on Citigroup as the Wall Street bank struggles to fix ongoing regulatory problems. ...

BOJ must patiently maintain loose policy, says board member Noguchi

Bank of Japan board member Asahi Noguchi said on Thursday the central bank must patiently maintain loose monetary policy, as it will take time to eradicate the public's view that prices would not rise...

Dollar to stay unfazed despite growing uncertainties

The U.S. dollar will hold steady in coming months despite an expected series of Federal Reserve interest rate cuts, according to median forecasts from FX strategists polled by Reuters who were,...

US private payrolls beat expectations in September

U.S. private payrolls increased more than expected in September, further evidence that labor market conditions were not deteriorating. Private payrolls increased by 143,000 jobs last...

US port strike adds another uncertainty to Fed's outlook

The COVID-19 pandemic's crushing blow to global supply chains also scarred U.S. Federal Reserve officials who thought the fallout from disrupted ports and backed up container ships would cause only...

Canada September factory PMI shows first growth in 17 months

Canadian manufacturing activity strengthened for the first time in 17 months in September as market demand improved and lower borrowing costs bolstered confidence in the economic outlook, data showed...