Analysis: Currencies

Traders boost bets on June start to Fed rate cuts as Trump puts on new tariffs

Traders boosted bets the Federal Reserve will start cutting interest rates in June and deliver a total of three quarter-point reductions to the policy rate by October, as U.S. President Donald Trump...

Over a third of EM corporations to be 'meaningfully impacted' by tariffs, says JPMorgan

More than a third of emerging market companies are likely to be meaningfully impacted by U.S. trade tariffs when they hit, analysts at investment bank JPMorgan have estimated. Including...

BOJ warns of possible hit to global trade from planned new US tariffs

Planned new U.S. tariffs could have a huge impact on world trade, Bank of Japan Governor Kazuo Ueda said on Wednesday, warning of a possible hit to global growth hours before President Donald Trump is...

Trading Day: Nervous calm ahead of 'Liberation Day'

TRADING DAY Only 24 hours until Trump unveils new tariffs The first trading day of the quarter on Tuesday was a nervy affair ahead of U.S. President Donald Trump's...

Brazil still open to tariff negotiations ahead of expected US announcement

Brazil Finance Minister Fernando Haddad said on Tuesday that his country would maintain its openness to negotiate with the United States ahead of a long-awaited announcement by President Donald Trump...

Argentina pursues trade deal in Washington as Trump tariffs loom

Argentina's foreign minister will meet U.S. Secretary of State Marco Rubio on Tuesday in a trip aimed at laying the initial groundwork for a trade deal between the two nations, even as President...

Argentina IMF deal advances fail to clear FX haze

Argentina and the International Monetary Fund may be on the home stretch over a $20 billion new program, but the deal has so far failed to dispel traders' anxiety and a haze of uncertainty around the...

Currencies: Follow the rates

To fully understand currency movements, it is sometimes useful to refer to the evolution of bond yields, as part of the carry trade. The correlation between the dollar and the U.S. 10-year bond is a...

Trump auto tariffs threaten new supply-price shock

As the world emerged from pandemic shutdowns in early 2021, a supply chain shock left a lasting imprint on the cost of owning a car in the U.S., spilling out first through prices of used and then new...

Exclusive-Fed's Daly: Inflation progress has been flat, dents confidence in rate cut view

San Francisco Federal Reserve Bank President Mary Daly on Friday said inflation data published earlier in the day confirms her decreased confidence in her baseline expectation that two interest rate...

Moderate US consumer spending, increasing prices raise specter of stagflation

U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in 13 months, stoking fears the economy was facing a period of tepid growth...

US Feb PCE prices index shows inflation picture still a conundrum

The Personal Consumption Expenditures price index increased 0.3% in February after advancing by an unrevised 0.3% in January, the U.S. Commerce Department said on Friday. Economists had forecast the...

Dollar hovers ahead of PCE and tariff onslaught

The dollar was headed for a steady week on Friday and a quarterly loss next week as concern about tariffs slowing U.S. growth has pushed down U.S. yields, stocks and the currency. The...

Argentina IMF talks targeting $20 billion loan deal, minister says

Argentine Economy Minister Luis Caputo said on Thursday that the country was negotiating a $20 billion deal with the International Monetary Fund , formally putting a figure on the long-mooted program...

Global Eggs agrees to buy Hillandale Farms for $1.1 billion

SAO PAULO -Global Eggs, a company controlled by Brazilian entrepreneur Ricardo Faria, has agreed to buy U.S. egg producer Hillandale Farms for $1.1 billion, Faria told Reuters on Thursday. ...

Brazil sees trade tensions getting worse before they get better

Brazil's Secretary of Foreign Trade warned on Thursday that the global trade tensions being ratcheted up by Donald Trump's U.S. tariffs were likely to get worse before they get better. ...

Russia's Rusagro loses a third of its value after Moshkovich detained

Rusagro, Russia's leading producer of sugar, meat, oil and fat products, has lost nearly a third of its market value on the Moscow stock exchange since news of the detention of its billionaire founder...

Euro at three-week low as Trump imposes auto tariffs

The euro weakened to a three-week low on Thursday and the yen was steady against the dollar after U.S. President Donald Trump slapped a 25% tariff on imported cars and light trucks starting next week...

Ukraine may sign economic deal next week, US Treasury chief tells Fox News

U.S. Treasury Secretary Scott Bessent said on Wednesday Ukraine may sign an economic deal next week and President Donald Trump will not hesitate to raise sanctions on Russia if the need arises. ...