Analysis: Currencies

Canadian dollar outlook dims on expected interest rate divergence

The Canadian dollar is set to strengthen less than previously expected over the coming year if the Bank of Canada begins cutting interest rates ahead of the Federal Reserve and the U.S. election...

US dollar to weaken, but Fed rate cuts are required, say strategists

The dollar's relentless strength in the recent past will make way for minor weakness over the next 12 months, according to FX strategists in a Reuters poll, who generally agreed the dollar was...

MORNING BID EUROPE-Dazed dollar set for more macro jolts?

A look at the day ahead in European and global markets from Kevin Buckland The once invincible dollar was still reeling on Tuesday after more macro evidence that the U.S....

Currencies: New opportunity for the euro against Nordic currencies

Let's put aside the endless and recurring questions about the timing of the first rate cuts to focus on a technical situation which we find interesting. The euro is back on technical support against...

Currencies: How much? Just a pound!

After looking at some particularly weak currencies , it was time to take a look at the other side of the fence. Among European currencies, sterling is doing particularly well, even against the euro....

Currencies: Back to the future

Two weeks ago, the focus of this weekly currency newsletter was on the BoJ's supposed intervention in the foreign exchange market to push down the yen. A look back at this episode and the central...

Hedge funds play a weak Japanese yen

Pressure on Japan to prop up a weak yen may have ebbed, but currency weakness remains a headache for Tokyo. The yen is down 9.4% against the dollar so far this year, and looks set for a...

Currencies : Can the Australian dollar continue his bullish path?

The Australian dollar has soared, particularly against the major commodity currencies, even if the RBA has not adopted the hawkish stance that some traders were hoping for. Nonetheless, the Australian...

MORNING BID EUROPE-Back on the rate cut track

A look at the day ahead in European and global markets from Rae Wee European markets will be waking up to a fairly quiet session with London closed for a holiday and...

Indonesian rupiah, Taiwan dollar gain among steady Asian FX

The following table shows rates for Asian currencies against the dollar at 0212 GMT. CURRENCIES VS U.S. DOLLAR ...

Mexico peso to navigate between firm economy and political doubts

Mexico's peso is set to navigate between a relatively firm economy on one side and some political doubts on the other, with a small depreciation expected in the medium-term, a Reuters poll of foreign...

S.Korean won, Indonesian rupiah lead gains among Asian currencies

The following table shows rates for Asian currencies against the U.S. dollar at 0203 GMT. Currency Latest bid Previous day Pct Move Japan yen 152.850 153.63 +0.51 ...

Greenback strength to persist on delayed Fed rate cut calls

A rallying U.S. dollar will stand resolute and may even trade more strongly than predicted in coming months if the policies of the Federal Reserve and other major central banks diverge, according to...

Currencies: Sellers are relentless on the CHF

With the Swiss National Bank's interest-rate cut, the Swiss currency is performing poorly. It even has the luxury of trailing the Japanese yen in terms of negative relative performance against the...

Currencies: It'll be alright, it'll be alright...

Did you say revolution? Not at all. The dollar is still taking advantage of the postponement of the first rate cuts to reign supreme, whether against European or Asian currencies. The revolution will...

Forlorn dollar sunset theses gather dust :Mike Dolan

One by one, scenarios of a dollar demise are getting batted away yet again. A source of currency market hand-wringing for decades, tales of the dollar's decline as the dominant world...

Dollar's dominant reserve currency status to endure, says Morgan Stanley

The U.S. dollar's dominant reserve currency status is likely to endure partly because credible challengers, including the Chinese yuan, are lacking, Morgan Stanley said in a report on Thursday. ...

MORGAN STANLEY SAYS ITS CURRENT PREFERENCE IS FOR THE DOLLAR, SE…

MORGAN STANLEY SAYS ITS CURRENT PREFERENCE IS FOR THE DOLLAR, SEES MORE STRENGTH SHORT TERM VS EURO, YUAN ...

MORGAN STANLEY EXPECTS ONLY A MODERATE AND GRADUAL DECLINE IN DO…

MORGAN STANLEY EXPECTS ONLY A MODERATE AND GRADUAL DECLINE IN DOLLAR'S INTERNATIONAL USE ...