Analysis: Currencies

Brazil economy starting to see impact of high rates, official says

SAO PAULO -Brazil's government believes the economy is starting to feel the effects of high interest rates and will closely monitor data to see if those impacts are wider than initially expected,...

Trump moves to extend grip on Fed

A look at the day ahead in European and global markets from Rae Wee With U.S. President Donald Trump's nomination to fill a newly vacant seat at the Federal Reserve now out of the way,...

Dollar heads for weekly loss on dovish Fed expectations

The dollar firmed on Friday but was heading for a weekly fall as weakening economic data leads traders to price in the probability of more interest rate cuts this year, and as investors evaluate U.S....

Trump's Fed pick wanted to upend its protection from politics

WASHINGTON -Having railed against the revolving door between the executive branch and the U.S. Federal Reserve, Council of Economic Advisers Chair Stephen Miran may now be walking through it after...

Trump nominates Miran to temporarily serve on Fed board

U.S. President Donald Trump on Thursday nominated Council of Economic Advisors Chairman Stephen Miran to serve out the remaining term of Federal Reserve Governor Adriana Kugler. Trump...

Trump picks Stephen Miran to fill open spot on Fed Board

WASHINGTON -U.S. President Donald Trump on Thursday said he will nominate Council of Economic Advisers Chairman Stephen Miran to serve out the final few months of a newly vacant seat at the Federal...

Investors game out market reaction to Fed chair replacement favorites

NEW YORK -As U.S. President Donald Trump narrows his shortlist for the next Federal Reserve chair, investors and strategists are closely analyzing the range of possible market reactions to each...

India's Modi, Brazil's Lula speak amid Trump tariff blitz

BENGALURU/BRASILIA -Indian Prime Minister Narendra Modi and Brazil's President Luiz Inacio Lula da Silva spoke by phone on Thursday, their offices said, discussing a broad range of topics that...

Waller is favorite for Fed chair among Trump team, Bloomberg News reports

Federal Reserve Governor Christopher Waller is emerging as a top candidate to be the central bank's next chair,  Bloomberg News reported on Thursday, citing people familiar with the matter. ...

Brazil's fish industry, hit with a 50% US tariff, seeks a lifeline

SAO PAULO -Brazil's seafood industry is sounding the alarm to pressure the federal government for immediate relief as it grapples with mounting fears of job losses and bankruptcies as a result of the...

Japan cuts growth forecast on US tariffs drag, weaker consumption

TOKYO -Japan's government cut its growth forecast for this fiscal year on Thursday as U.S. tariffs slow capital expenditure and persistent inflation weighs on private consumption, threatening a...

Wall Street mixed as oil prices decline for 6th session

NEW YORK/LONDON -Major Wall Street indexes were mixed on Thursday, with the Dow and S&P 500 ending lower, as European stocks closed at a one-week high on strong financial stocks and hopes of a...

Trump says he will pick a 'temp' replacement for Fed's Kugler in days

WASHINGTON -U.S. President Donald Trump said on Wednesday he would likely in the next two to three days nominate a candidate, out of a short-list of three, to serve the remaining months of a...

On eve of US tariffs, Brazilian beef exports hit record high in July

SAO PAULO -Exports of fresh beef from Brazil reached a record 276,900 metric tons in July, according to trade data on Wednesday, showing a steep rise before a hefty U.S. tariff applied on sales from...

Exclusive-'I won't humiliate myself': Brazil's president sees no point in tariff talks with Trump

BRASILIA -As U.S. tariffs on Brazilian goods jumped to 50% on Wednesday, Brazil's President Luiz Inacio Lula da Silva told Reuters in an interview that he saw no room for direct talks now with U.S....

Japan's real wage falls for sixth straight month in June

TOKYO -Japan's real wages fell in June for the sixth consecutive month as inflation continued to outpace pay growth, government data showed on Wednesday, raising concerns about consumption-led...

Trump's attacks on Fed, data integrity weigh on US dollar forecasts

BENGALURU -The U.S. dollar will weaken steadily over the coming months on mounting concerns over the Federal Reserve's independence, the credibility of official statistics, ballooning fiscal debt and...

Trump set to fill Fed board vacancy by week's end, has narrowed chair search to four

WASHINGTON -U.S. President Donald Trump said on Tuesday he will decide on a nominee to fill a coming vacancy on the Federal Reserve's Board of Governors by the end of the week, and had separately...

Brazil's iFood app announces $3.1 billion in investments

SAO PAULO -Brazilian food delivery app iFood, owned by Dutch investment group Prosus, announced on Tuesday direct investments of 17 billion reais in the country between April 2025 and March 2026. ...