Analysis: Currencies

Currencies: Limited potential

The dollar's decline since the beginning of 2025 has been the subject of much discussion. However, when comparing Trump 1.0 and Trump 2.0, major similarities are emerging.

US launches probe into Brazil's trade practices, digital payment services

WASHINGTON -U.S. Trade Representative Jamieson Greer said on Tuesday he had launched an investigation into Brazil's unfair trading practices, a week after President Donald Trump threatened a 50%...

Brazil looks to solve US tariff issue before deadline

BRASILIA -Brazil will work to get the United States to reverse 50% tariffs on Brazilian goods before they are set to take effect on August 1, Vice President Geraldo Alckmin said on Tuesday. Speaking...

US consumer prices rise in June as tariff pass-through begins

WASHINGTON -U.S. consumer prices increased by the most in five months in June amid higher costs for some goods, suggesting tariffs were starting to have an impact on inflation and potentially keeping...

Canada's annual inflation rate in June up slightly to 1.9%

OTTAWA -Canada's annual inflation rate rose to 1.9% in June, meeting analysts' expectations, as increases in the price of automobiles, clothing and footwear pushed the index higher, data showed on...

Instant view: US consumer prices tick up as anticipated in June

WASHINGTON -U.S. consumer prices picked up in June, likely marking the start of a long-anticipated tariff-induced increase in inflation that has kept the Federal Reserve cautious about resuming its...

Traders stick to bets on September Fed rate cut after inflation report

The Federal Reserve will likely be able to start cutting short-term borrowing costs by September, traders continued to bet on Tuesday, after a government report showed a widely expected increase in...

US Treasury Secretary Bessent says 'formal process' for Powell successor has started, Bloomberg News reports

U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a formal process is already starting to identify a potential successor to Federal Reserve...

For Europe, 30% US tariff would hammer trade, force export model rethink

BRUSSELS -The 30% tariff on European goods threatened by U.S. President Donald Trump would, if implemented, be a game-changer for Europe, wiping out whole chunks of transatlantic commerce and forcing...

Fed's Powell asks watchdog to take fresh look at renovation project, Politico reports

WASHINGTON -U.S. Federal Reserve Chair Jerome Powell has asked the Fed board's inspector general to take a fresh look at the project aimed at overhauling Fed buildings, Politico reported on Monday,...

Fed's Powell asks for watchdog review of project criticized by Trump officials

WASHINGTON -Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the costs involved in the renovation of its historic headquarters in Washington, as Trump...

The art of hogging headlines, using tariffs

A look at the day ahead in European and global markets from Wayne Cole. It looks increasingly clear that for President Trump, tariffs are mainly a convenient means of dominating the news cycle and...

Wealth funds warm to active management - and China - to weather volatility, report shows

LONDON -The world's sovereign wealth funds are turning to active fund management and investments in China, while central banks are diversifying reserves to weather a volatile global environment, an...

Trump says he will speak to Lula at some point as Brazil downplays tariff impact

WASHINGTON/BRASILIA/SAO PAULO -Brazil's government on Friday downplayed the impact of the 50% tariff U.S. President Donald Trump threatened to impose on imports from that country, as leaders from both...

Asian stocks attract foreign inflows for second month, but tariff outlook clouds

Asian stocks drew foreign inflows for a second straight month in June, buoyed by investors wagering on U.S. Federal Reserve interest rate cuts and a softer U.S. dollar, though gains were capped by...

White House slams Powell over Fed finances, project cost overruns

The White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had grossly mismanaged the central bank, chastising...

Brazil's Lula pledges retaliation to Trump tariffs but keeps diplomacy open

BRASILIA -Brazilian President Luiz Inacio Lula da Silva said he wanted to find a diplomatic solution to U.S. President Donald Trump's threat of 50% tariffs on Brazilian exports, but vowed to...

Fed considers changes to how it grades big banks

WASHINGTON -The Federal Reserve on Thursday proposed tweaks to how it evaluates large banks by making it easier for them to be considered well managed, removing a hurdle for potential acquisitions and...

IMF says new US tariffs keep trade uncertainty running high

WASHINGTON -The IMF said on Thursday it was closely monitoring the latest U.S. tariffs announcements, saying uncertainty about the global economic outlook remained high and urged countries to work...