Analysis: Currencies

Currencies: SNB: 2, rest of the world: zero

For the second time since the start of the year, the Swiss National Bank has lowered its key interest rates. It has to be said that the situation in Switzerland is very different from that in Europe.

MORNING BID EUROPE-On alert for yen intervention, US inflation

A look at the day ahead in European and global markets from Wayne Cole. It's been a mildly risk-off start to the week with most share indices in the red, the dollar up and Treasury...

BOJ debated need for timely rate hike at June meeting, summary shows

Some Bank of Japan policymakers called for raising interest rates in a timely fashion as they saw risks of inflation overshooting expectations, a summary of opinions at their June policy...

US equity funds witness outflows for second successive week

U.S. investors shed equity funds for a second successive week in the seven days to June 19, exercising caution as they evaluated the Federal Reserve's hawkish signals and ongoing political risks in...

Canada April retail sales up 0.7% as expected, likely drop in May

Canada's retail sales expanded by 0.7% in April as expected, bucking a trend of decline in the last three months, as sales at gasoline pumps boosted the overall numbers, data showed on Friday. ...

Cash is leaving China again, pressuring yuan

A sliding yuan and extensive outflows of cash from the mainland into Hong Kong show China's domestic investors are shelving expectations for any immediate recovery in their home markets and fleeing to...

Asian FX muted on robust dollar, rupiah at 4-year low

Asian currencies were subdued against the U.S. dollar on Friday, with the Indonesian rupiah touching a fresh four-year low, as the Federal Reserve's patient stance towards interest rates adds pressure...

MORNING BID EUROPE-Dollar backed by dove with sharpest claws

A look at the day ahead in European and global markets from Kevin Buckland King dollar is exerting its authority to end the week at new heights. The yen, in particular,...

US big banks face growing spillover risks from non-banks

Non-bank financial institutions pose an increasing risk to America's big banks, the Federal Reserve said on Thursday in a post on the Fed's Liberty Street Economics blog. During times...

US weekly jobless claims fell in latest week

The number of Americans filing new claims for unemployment benefits fell last week, but overall strength in the jobs market persisted despite a gradual cooling. Initial claims for state...

US regulators at odds over whether to issue new draft of bank capital hikes

U.S. bank regulators are arguing over the path forward for rules easing bank capital hikes, with some wanting to allow additional feedback from Wall Street after the industry vigorously pushed back,...

The dollar, Treasuries, and 'US exceptionalism': McGeever

Any week with U.S. inflation figures, Federal Reserve and Bank of Japan policy meetings and a core euro zone nation plunging into political turmoil is bound to be sending a blizzard of conflicting...

US retail sales miss expectations in May

U.S. retail sales increased less than expected in May in May as lower prices for gasoline and motor vehicles weighed on receipts at service stations and auto dealerships. Retail sales...

Currencies: It's a swingin' good time!

Welcome, thrill-seekers. Between central bank meetings and political turmoil in Europe, currency traders have plenty to speculate about the future of both the dollar and the euro. Let's jump in.

Rival pork exporters could benefit from China-EU trade tensions

Pork suppliers from South America and the United States could gain market share in China if Beijing restricts imports from the European Union in response to escalating trade tensions, traders and...

Fed's Bostic flags more issues with financial disclosures

A financial disclosure form for Federal Reserve Bank of Atlanta President Raphael Bostic notes more issues with reporting of past trading and investing activities. Bostic's disclosure...

US import prices unexpectedly fall in May

U.S. import prices import unexpectedly fell in May amid lower prices for energy products, providing another boost to the domestic inflation outlook. Import prices dropped 0.4% last month...

US equity funds saw largest weekly outflow in 18 months ahead of Fed decision

U.S. equity funds observed heavy outflows in the seven days through June 12 as some investors booked profits and exercised caution ahead of the Federal Reserve's policy decision. ...

Global equity funds faced huge outflows on caution ahead of Fed meet

Global equity funds suffered sharp outflows in the seven days to June 12 as investors cautiously took out money ahead of a key U.S. inflation report and Federal Reserve policy decision that could...