Analysis: Currencies

India cenbank holds rates as expected, shifts stance to 'neutral'

The Reserve Bank of India kept its key interest rate unchanged on Wednesday, as widely expected, but tweaked its policy stance to neutral, opening the door for rate cuts amid early signs of a growth...

China's scorching rally takes a breather to wait on stimulus

Chinese shares fell on Wednesday and commodities nursed sharp losses as investors tempered enthusiasm for a Chinese economic recovery, while broader markets steadied on expectations that the U.S....

NZ's central bank cuts rates 50 bps, leaves door open for more easing

WELLINGTON -New Zealand's central bank slashed the cash rate by 50 basis points to 4.75% on Wednesday and left the door open for more easing as policymakers said monetary conditions are still...

Fed Vice Chair Jefferson: rate cut aimed at keeping US job market strong

Federal Reserve Vice Chair Philip Jefferson on Tuesday said the U.S. central bank's half-percentage-point interest-rate cut last month was aimed at keeping the labor market strong even as inflation...

Brazil attorney general backs reinstating social medial platform X

Brazil's attorney general's office told the country's Supreme Court on Tuesday that it does not see reasons why social medial platform X should not be reinstated, according to a statement, after it...

US jobs market cooling but still resilient, Fed's Kugler says

The U.S. jobs market has started to cool but remains resilient and the Federal Reserve is keen to avoid a drastic weakening of the labor market, Fed Governor Adriana Kugler said in Frankfurt on...

Japan real wages back down again after bump from summer bonuses

Japan's inflation-adjusted wages fell in August after two months of increase during the summer bonus season, government data showed on Tuesday, knocking chances of the central bank raising interest...

Currencies: Dollar benefits from Middle East escalation

The spread of the Israeli-Palestinian conflict to Lebanon and Iran, combined with good US unemployment figures, has prompted Forex traders to reposition themselves in favor of the dollar. To the point...

How a rates rethink after strong US jobs data could shake up markets

The reverberations from a blowout U.S. employment number could threaten an assortment of trades predicated on falling interest rates, if stronger-than-expected growth spurs investors to radically...

Japan's top FX diplomat warns against speculative moves as yen falls

TOKYO -Japan's top currency diplomat, Atsushi Mimura, issued on Monday a warning against speculative moves on the foreign exchange market as the yen fell below 149 per dollar. We will...

Dollar on a roll after US jobs data and Middle East flare-up

Japan's yen fell to its lowest in nearly two months and other major currencies too were grappling with losses early on Monday as the dollar extended a rally sparked by Friday's strong U.S. jobs data...

Markets mull potential US 'no landing'

A look at the day ahead in Asian markets. Trading in Asia kicks off on Monday with the global macro and market landscape suddenly appearing very different from how it looked on Friday,...

Fed seen slowing rate-cut pace after strong US jobs data

A surge in job growth last month will allow the Federal Reserve to eschew any further big interest-rate reductions and stick to gradual cuts going forward, traders bet on Friday.  After...

US Sept payrolls jump takes Nov 50 bp cut off the table

U.S. job growth accelerated in September and the unemploymentrate slipped to 4.1% from August's 4.2%, further reducing theneed for the Federal Reserve to maintain large interest ratecuts at its...

BOJ faces fresh challenge as politics, yen complicate rate hikes

Bank of Japan Governor Kazuo Ueda's efforts to lift rock-bottom borrowing costs face fresh challenges as a yen rebound and the new political leadership's preference for loose monetary policy raise the...

US expected to report moderate September job growth

The U.S. economy likely maintained a moderate pace of job growth in September while the unemployment rate is expected to have held steady at 4.2%, which would further reduce the need for the Federal...

US Senator Warren asks regulator to impose growth curbs on Citi

A prominent Democratic U.S. senator called on a top regulator on Wednesday to impose growth restrictions on Citigroup as the Wall Street bank struggles to fix ongoing regulatory problems. ...

BOJ must patiently maintain loose policy, says board member Noguchi

Bank of Japan board member Asahi Noguchi said on Thursday the central bank must patiently maintain loose monetary policy, as it will take time to eradicate the public's view that prices would not rise...

Dollar to stay unfazed despite growing uncertainties

The U.S. dollar will hold steady in coming months despite an expected series of Federal Reserve interest rate cuts, according to median forecasts from FX strategists polled by Reuters who were,...