Analysis: Currencies

Fed policymakers see end-2024 policy rate at 4.4%: projections

U.S. central bankers think they'll need to lower interest rates to a range of 4.25%-4.50% by year-end, more than they anticipated in June, as inflation approaches their 2% goal and unemployment...

Fed Bowman's dissent is first from Fed governor since 2005

Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the U.S. central bank since 2005, denying Fed Chair Jerome Powell a...

Bank of Canada members split on inflation outlook, minutes show

The Bank of Canada's governing council was split on the outlook for inflation ahead of its Sept 4 decision to cut rates for the third time in a row, minutes published on Wednesday showed. ...

Flirting with records as Fed rates finally fade

A look at the day ahead in U.S. and global markets from Mike Dolan There's little left to say about the dominant event of the day - other than how to game markets' reaction to the size...

What does a Fed rate cut mean for American households?

The Federal Reserve is set to cut U.S. short-term borrowing costs on Wednesday, a watershed moment that should start to ease some of the financial pressures everyday consumers have felt over the two...

Fed rate-cutting cycle could be shallower than expected

As the U.S. Federal Reserve begins its much-anticipated rate-easing cycle on Wednesday, interest-rate cuts in the months ahead may be shallower than the market expects. Some major...

US home builder confidence edges up as rate cut looms

U.S. home builder confidence edged up in September as mortgage rates fell, breaking four months of consecutive declines, but remained at relatively low levels as rising costs continued to impede...

Futures inch up ahead of economic data, Fed's rate-cut decision

U.S. stock index futures edged higher as investors awaited a batch of economic data and clung to hopes the Federal Reserve would deliver a supersized interest-rate cut at its monetary policy meeting,...

Morning bid: Yen's big week begins

A look at the day ahead in European and global markets from Tom Westbrook Tokyo traders returned on Tuesday from a three-day holiday weekend, showing little inclination to repeat the...

As Fed cuts loom, health of US economy could determine markets' path

How stocks, bonds and the dollar perform after the Federal Reserve kicks off its rate-cutting cycle could depend on one factor more than most: the health of the U.S. economy. The Fed is...

Currencies: Everything is linked

This summer, the press was abuzz with the incestuous relationship between the dollar-yen and Nasdaq. The explanation was simple: many players financed their purchases on the Magnificent Seven through...

Irrational exuberance? Funds' yen longs hit 8-year high: McGeever

ORLANDO, Florida -Hedge funds are their most bullish on the Japanese yen in eight years, but as their 'long' positions grow and the currency strengthens, yen volatility is also rising. ...

Central bank body BIS urges cenbanks not to squander interest rate buffers

The Bank for International Settlements has urged top central banks not to squander the interest rate buffers they have rebuilt over the last couple of years by now cutting them again too rapidly. ...

Canadians still feeling the economic pain despite three early rate cuts

Despite three interest rate cuts since June, Canadian consumers still appear to be feeling more stressed than their neighbors in the U.S., where the Federal Reserve has yet to start any reductions in...

What's happening in Las Vegas shows Fed's 'soft landing' is a good bet

The cracks in the labor market in Las Vegas and across Nevada have typically appeared early and widened fast when the U.S. economy soured, making the consumer-driven city and state a bellwether of...

Stock futures, dollar steady after FBI says it is investigating another assassination attempt on Trump

U.S. stock futures and the dollar were little changed on Sunday after Republican presidential candidate Donald Trump was safe following what the FBI said appeared to be an assassination attempt...

Japan's PM hopeful Takaichi urges BOJ to avoid raising rates

Sanae Takaichi, Japan's minister in charge of economic security and a leading candidate in the ruling party's leadership race, said on Friday the central bank should not raise interest rates yet as...

Size, speed of rate moves in focus as Fed poised to start cuts

The Federal Reserve is in focus next week, as uncertainty swirls over how much the U.S. central bank will cut interest rates at its monetary policy meeting and the pace at which it will reduce...

Fed seen nearly as likely to cut rates by 50 bps as 25 bps

The Federal Reserve is nearly as likely to deliver an outsized interest-rate cut next week as a more-usual-sized reduction, trading in rate-futures contracts suggested on Friday, as financial markets...