Analysis: Currencies

Bessent met with BlackRock's Rieder as search for next Fed chair continues, source says

WASHINGTON -U.S. Treasury Secretary Scott Bessent met with BlackRock Inc executive Rick Rieder in New York on Friday, as the Trump administration continued its search for a new chair for the Federal...

Fed hawks and doves: what US central bankers are saying

The Federal Reserve is expected to deliver its first interest-rate cut this year at its September 16-17 meeting, as it moves to counter a cooling labor market even as inflation remains above target....

Bank of Canada to cut rates on September 17, at least one more to follow this year

BENGALURU -The Bank of Canada will cut its overnight rate by a quarter point on September 17 as the labour market deteriorates and economic activity weakens, according to most economists in a Reuters...

Fed's fear meter may be pointing to stagnation, rather than stagflation

WASHINGTON -Federal Reserve officials, already expected to cut interest rates next week, may also be closer to settling a months-long debate over the risks of stagflation after recent data showed...

Currencies: Its fate is sealed

Reactions to the release of the US jobs report seem to confirm an easing of key interest rates following the forthcoming monetary policy committee meeting on Wednesday September 17. The question now...

US, Japan reaffirm FX commitments, leave room for interventions

The United States and Japan reaffirmed their commitment to market determined exchange rates, while agreeing that foreign exchange interventions should be reserved for combating excess volatility,...

Dollar on back foot as jobless claims firm up Fed rate cut views

SINGAPORE -The dollar remained under pressure on Friday as a surge in U.S. jobless claims and a modest tick up in inflation kept investors zeroed in on likely Federal Reserve interest rate cuts next...

US consumer inflation accelerates; weekly jobless claims approach four-year high

U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in first-time applications for jobless benefits last week kept the Federal...

US weekly jobless claims increase as labor market softens

WASHINGTON -The number of Americans filing new applications for jobless benefits increased sharply last week, consistent with a material softening in labor market conditions. Initial...

Another day, another AI record

What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest  Oracle's skyrocketing share price lifted Asian equities on...

In AI-simulated Fed meeting, political pressure polarises board

TOKYO -A simulated Federal Reserve meeting that used artificial intelligence agents modeled on real-life policymakers showed political pressure polarised members of the board in their rate-setting...

BOJ signals final phase of Ueda's stimulus unwind - selling ETFs

TOKYO -The Bank of Japan is firming up a strategy to unload its huge holdings of risky assets that will likely centre on a plan to gradually sell exchange-traded funds in the market, said three...

Brazil's central bank to auction up to $1 billion with repurchase deal on Friday

SAO PAULO -The Brazilian central bank will offer up to $1 billion through two dollar auctions with repurchase agreement on September 12, the monetary authority said in a statement on Wednesday. ...

China clears imports of Brazil sorghum, first cargo likely in 2025, says official

SAO PAULO -China has approved imports of Brazilian sorghum, an official at Brazil's Agriculture Ministry told Reuters, adding that the first cargos could be shipped this year, providing an...

Trump administration appeals ruling blocking removal of Fed Governor Cook

President Donald Trump's administration on Wednesday moved quickly to appeal a federal judge's ruling temporarily blocking Trump from taking the unprecedented step of firing Federal Reserve Governor...

Chinese mission to visit Brazil state hit by bird flu outbreak, JBS CEO says

SAO PAULO -A Chinese delegation is expected to visit the southern Brazilian state of Rio Grande do Sul which was hit by a bird flu outbreak in May, raising hopes Brazil may resume selling poultry...

Investors wary of Treasury's 30-year bond auction after recent disappointments

Investors are cautiously approaching the U.S. Treasury's sale of $22 billion in 30-year bonds on Thursday after an underwhelming auction last month that had some of the weakest demand metrics of 2025,...

Trump says Fed chair Powell should make big rate cut now

WASHINGTON -U.S. President Donald Trump on Wednesday reiterated his call for Federal Reserve Chairman Jerome Powell to cut benchmark interest rates. Just out: No Inflation!!! Too Late...

China's retaliatory tariffs to squeeze EU pork producers

PARIS -European pork producers face a squeeze on profit margins after China, their largest market, imposed anti-dumping duties of up to 62.4% on imports of EU pork products. The...