Analysis: Currencies

S.Korean won, Japanese yen lead gains among steady Asian FX

The following table shows rates for Asian currencies against the dollar at 0201 GMT. CURRENCIES VS U.S. DOLLAR ...

Currencies: Sterling gets good momentum

What's going on in Her Majesty's land? The British currency has put in a fine weekly performance that can hardly be blamed on American inflation ....

US producer prices rise moderately in June

U.S. producer prices increased moderately in June, further confirmation that inflation had resumed its downward trend and strengthening the case for a September interest rate cut. The...

As Argentine inflation cools to single digits, residents are still skeptical

Argentines say they are yet to feel the benefits of cooling inflation and analysts predict the five-month streak could end when official figures for June are released on Friday. Since...

Global bond funds see hefty inflows on expectations of rate cut

Global debt funds attracted inflows for a 29th straight week in the seven days to July 10 on expectations of a Federal Reserve rate cut amid weakening labour market conditions and easing inflation...

Move by some NATO members to let Kyiv strike Russia with their arms is a dangerous escalation, Kremlin says

The Kremlin said on Friday that it had noted some Western countries' statements at this week's NATO summit permitting Kyiv to use arms they had supplied to strike Russian territory in a move it called...

Japan's government set to trim economic growth forecast, sources say

Japan is expected to slightly cut its forecast for economic growth of 1.3% in the fiscal year ending March 2025 as consumption takes a hit from rising import costs due to a weakening yen, two...

BOJ survey shows wage growth spreading among small, medium Japanese firms

Momentum to raise wages has been spreading among small and medium firms in Japan this year, reflecting labour shortages and efforts to help employees tackle an inflationary squeeze, a central bank...

China c.bank seen holding medium-term lending rate steady Monday

China's central bank is widely expected to leave a medium-term interest rate unchanged and drain some cash from the banking system when rolling over such maturing loans on Monday, a Reuters...

Japan households' inflation expectations heighten, quarterly survey shows

Nearly 90% of Japanese households expect prices to rise a year from now, a quarterly central bank survey showed on Friday, a sign of heightening inflation expectations that would help make the case...

Yen choppy amid intervention nerves; Asia shares eye weekly gain

The yen swung between losses and gains on Friday in volatile trade, reflecting investors' skittishness after Tokyo was thought to have intervened to prop up the Japanese currency in the wake of...

Japan top FX diplomat says authorities to take action as needed on yen

TOKYO -Japan's top currency diplomat, Masato Kanda, said on Friday authorities will take action as needed in the foreign exchange market. Kanda also told reporters that recent yen moves...

Asian FX bears ease as U.S. rate cut bets solidify

Short positions on most Asian currencies eased, as rising expectations of at least two rate cuts by the U.S. Federal Reserve this year and an easing dollar boosted risk sentiment, a Reuters poll found...

Global reserve managers upbeat on growth but worry about politics

An escalation in geopolitical conflicts is the biggest risk to the global economy, according to central bank reserve managers, who are generally positive about the world's economic outlook,...

Fed's Cook: US data consistent with a soft landing

U.S. inflation should continue to fall without a significant further rise in the unemployment rate, Federal Reserve Governor Lisa Cook said on Wednesday. In remarks prepared for delivery...

Payment problems stifle Russian imports of Chinese cars

Payment issues between Russia and China, caused by U.S. sanctions, pose serious issues for Russian imports of Chinese cars that have supplied the domestic market over the last two years, the head of...

Fed's Powell says balance sheet drawdown still has a ways to go

The Federal Reserve has quite a ways to go in trimming the size of its balance sheet with the endpoint of quantitative tightening still uncertain, Fed Chair Jerome Powell told the House Financial...

China and Brazil to try out beef traceability plan

China, the world's largest beef importer and Brazil, the biggest supplier, will set up a pilot scheme as part of efforts to make beef production more sustainable, state media said on Wednesday. ...

MORNING BID EUROPE-Turning the corner in the inflation fight

A look at the day ahead in European and global markets from Rae Wee Central bankers across the globe are finally showing increasing confidence that markets may be entering...