Analysis: Currencies

BOJ chief says it is 'still taking time' to sustainably hit inflation goal

Bank of Japan Governor Kazuo Ueda said on Wednesday that underlying inflation has been rising slowly, but it was still taking time for the country to achieve 2% inflation in a sustainable manner. ...

US economic activity little changed in recent weeks, Fed survey shows

U.S. economic activity was little changed from September through early October while firms saw an uptick in hiring, continuing recent trends that have reinforced expectations the Federal Reserve will...

Stocks stumble, dollar and gold rise as traders weigh US rates, election

Gold prices jumped to record high and the dollar was on the rise again on Wednesday, keeping the pressure on the yen and the euro, while stocks in Asia stuttered as investors were reluctant to place...

Argentina's beleaguered economy set to rebound in 2025

Argentina's beleaguered economy is set to rebound in 2025 after two years of recession as the government tries to spark a private sector-driven recovery with its chainsaw plan to shrink the size of...

Goldman Sachs says euro could drop 10% under Trump tariffs and tax cuts

Goldman Sachs has said the euro could fall as much as 10% - implying a drop below $1 from current levels - in a scenario in which Donald Trump imposes widespread tariffs and cuts domestic taxes if he...

Currencies: Ouch !

THEUR/USD continues its slide. Initially driven by a drastic rise in US long-term interest rates, making the greenback more attractive, this time it's the ECB's turn to fuel the slide.

Fed's Logan eyes more gradual rate cuts amid more balance sheet cuts

Federal Reserve Bank of Dallas President Lorie Logan said Monday she sees more rate cuts ahead for the central bank and suggested she sees no reasons why the Fed can't also press forward with...

Latin America braces for US election impact on trade, tariffs

Latin America is anxiously counting the days to Nov. 5, when U.S. voters will choose between relative continuity under Vice President Kamala Harris or a return to policies that triggered volatility in...

BHP faces $47 billion UK lawsuit over Brazilian dam collapse

A hearing in a lawsuit against BHP over Brazil's worst environmental disaster, the 2015 collapse of the Mariana dam, will begin at London's High Court on Monday, with claimants seeking up to 36...

What to look for at Bank of Japan's October policy meeting

The Bank of Japan holds a two-day policy meeting concluding on Oct. 31, days after a general election where new Prime Minister Shigeru Ishiba faces a key test on his agenda to prop up wages and...

US single-family homebuilding rises to five-month high

U.S. single-family homebuilding surged to a five-month high in September, but permits for future construction rose only marginally amid excess supply of new homes on the market and prospective buyers...

US regional banks capitalize on rising deal fees to counter high deposit costs

U.S. regional banks reaped profit in their third quarter and outdid Wall Street expectations as their investment banking fees surged from a revival in dealmaking and helped offset higher deposit...

BOJ must raise rates at 'very moderate' pace, says board member Adachi

Bank of Japan board member Seiji Adachi said on Wednesday the central bank must raise interest rates at a very moderate pace and avoid hiking prematurely, given uncertainties over the global economic...

Trump says president should weigh in on, but not order, Fed rate decisions

U.S. Republican presidential candidate Donald Trump on Tuesday appeared to soften his position on inserting himself into Federal Reserve policy decisions, saying he believes he would have a right as...

Currencies: No respite for the dollar

The US dollar continues to rally, helped by the resumption of US inflation and the prospect of a limited 25 basis point cut in interest rates at the next Monetary Policy Committee scheduled for early...

Lula slams US request for information on Brazil's fighter jet purchase

Brazilian President Luiz Inacio Lula da Silva said on Friday it made no sense for the U.S. Department of Justice to request information from Saab over Brazil's purchase of the Swedish firm's Gripen...

U.S. equity funds see outflows on rate cut views

U.S. equity funds witnessed outflows in the week to Oct. 9 as investors booked profits due to a shift in market expectations about the Federal Reserve rate cut path and a surge in bond yields. ...

US producer prices unchanged in September

U.S. producer prices were unchanged in September, pointing to a still-favorable inflation outlook and supporting views that the Federal Reserve would cut interest rates again next month. ...

EUR/USD Likely to Fall Into US Election: 3-Minute MLIV

Anna Edwards, Kriti Gupta, Guy Johnson, and Mark Cudmore break down today's key themes for analysts and investors on Bloomberg: The Opening Trade. ...