Analysis: Currencies

Dollar rejuvenated

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets  The dollar is on course for its best week of the year, as unfolding U.S....

Fed's policy toolkit may be headed for fundamental changes

A U.S. senator's recent push to strip the Federal Reserve of a key aspect of how it controls interest rates and the battle over who will succeed Fed Chair Jerome Powell point to a future where some...

Exclusive-Brazil in talks with TPG, Brookfield over $4 billion climate finance push

LONDON/BRASILIA -Brazil is in talks with global investors including TPG and Brookfield to raise nearly $4 billion for climate-focused projects, as it ramps up a green finance push ahead of hosting...

US-EU deal boosts markets and the dollar

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets European stocks and Wall Street futures climbed again after the weekend...

Dollar rises against major peers after US-EU trade pact

NEW YORK/LONDON -The dollar rose against the euro and yen on Monday as markets were buoyed by a trade agreement between the U.S. and the EU, which brought some market certainty and averted a global...

Trump tariffs weigh on Brazil chemical exporters, spark order cancellations

SAO PAULO -Chemical products companies in Brazil, which exported $2.4 billion to the U.S. last year, face a slew of contract cancellations as President Donald Trump has threatened a new 50% tariff on...

Trump: strong dollar sounds good but 'you make a hell of a lot more' with a weaker one

WASHINGTON -U.S. President Donald Trump said on Friday he liked a strong dollar but you make a hell of a lot more money with a weaker one. So when we have a strong dollar, one thing...

Trump suggests Fed Chair may cut interest rates

WASHINGTON -President Donald Trump said on Friday he had a good meeting with Federal Reserve Chair Jerome Powell and got the impression Powell might be ready to lower interest rates. We...

US economic data quality a worry, authorities not acting urgently enough, experts say- Reuters poll

Risks to the quality of official U.S. economic data - long seen as the gold standard - are worrying 89 of 100 top policy experts polled by Reuters, with most also concerned that the authorities are...

Investors weigh market impact of possible early Powell exit

NEW YORK -Uncertainty over Federal Reserve Chair Jerome Powell's tenure is prompting investors to assess potential market reactions should there be an premature change in leadership at the U.S....

Trade deal clears way for BOJ to tiptoe back to rate hikes

TOKYO -U.S. President Donald Trump's trade deal with Tokyo opens scope for the Bank of Japan to raise interest rates again this year, sources say, a prospect the central bank may start to telegraph...

AI drives new highs

ORLANDO, Florida -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Key U.S. and global stock markets...

Trump presses Powell to cut rates during tense visit to Fed

WASHINGTON -President Donald Trump locked horns with Federal Reserve Chair Jerome Powell during a rare presidential visit to the U.S. central bank on Thursday, criticizing the cost of renovating two...

US business activity rises; tariffs fuel inflation concerns

WASHINGTON -U.S. business activity picked up in July, but companies asked higher prices for goods and services, supporting economists' views that inflation will accelerate in the second half of the...

US labor market steady, jobless claims at three-month low

WASHINGTON -The number of Americans filing new applications for jobless benefits fell to a three-month low last week, pointing to stable labor market conditions, though sluggish hiring is making it...

Russia says rising tariffs threaten US and global economy

MOSCOW -Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that rising trade tariffs carried risks for the economy of the United States and the whole world. Zakharova...

Euro zone business activity growth hits 11-month high in July, PMI shows

LONDON -Euro zone business activity accelerated faster than forecast this month, supported by a solid improvement in the bloc's dominant services industry and with manufacturing showing further signs...

Subdued dollar firms after ECB leaves rates alone; tariffs and Fed in focus

The dollar traded sideways versus the euro on Thursday after the European Central Bank held rates steady, and was confined to a tight range against the yen as prospects for higher Japanese rates...

Bessent says Fed forecasts 'politically biased'

WASHINGTON -U.S. Treasury Secretary Scott Bessent on Wednesday suggested without evidence that the Federal Reserve's widely followed economic forecasts are motivated by politics, as the Trump...