Forex News

(Reuters) – Candidates to become Japan’s next prime minister officially launched their campaigns on Friday, with popular vaccine minister Taro Kono expected to be the top contender to replace Yoshihide Suga.

MANILA (Reuters) – The Philippine central bank on Friday revised its current account surplus projection for this year to $3.5 billion, or 0.9% of the gross domestic product, down substantially from a June forecast of $10 billion, or 2.5% of GDP.

LONDON (Reuters) – The dollar held near three-week highs on Friday after better-than-expected retail sales numbers in the United States boosted bets on the strength of the U.S. economy and earlier monetary policy tightening.

While it’s a relatively busy day on the economic calendar, UK retail sales figures for August will be the key numbers on the day.

NEW YORK (Reuters) – The dollar rose and hit its highest level in nearly three weeks against a basket of currencies on Thursday after data showed U.S. retail sales unexpectedly increased in August, easing some concerns about a sharp slowdown in economic growth.

HELSINKI (Reuters) – Finland’s central bank raised its 2021 growth estimate on Thursday and warned that even if a rate hike is still far into the future, governments should prepare for the eventual rise in borrowing costs.

It’s a busy economic calendar, with ECB President Lagarde also scheduled to speak. Economic data from the U.S will be key later in the day, however.

It’s a busy day ahead on the economic calendar. Inflation figures will put the Loonie and the Pound in focus, with economic data from the U.S also key later today.

NEW YORK (Reuters) -The dollar fell against major currencies on Tuesday after data showed a less-than-expected rise in U.S. inflation last month, creating uncertainty about the timing of the Federal Reserve’s tapering of asset purchases.

With market focus on the BoE and the FED, today’s stats from the UK and the U.S will have a material impact on the Pound and the U.S Dollar later today.

NEW YORK (Reuters) – The dollar climbed to a two-week peak against a basket of currencies on Monday, bolstered by expectations the U.S. Federal Reserve could reduce its asset purchases by the end of the year despite a surge in COVID-19 cases.

It’s a particularly quiet day ahead on the economic calendar. The lack of stats will leave the markets to consider the economic outlook, which could fuel demand for the Dollar.

NEW YORK (Reuters) – The dollar rose on Friday in line with higher U.S. Treasury yields as investors focused on when the Federal Reserve is likely to begin reducing its asset purchases.

It’s a busy day ahead on the economic calendar. Economic data from the UK and Canada will put the Pound and the Loonie in focus. Wholesale inflation from the U.S will also influence.

NEW YORK (Reuters) – The dollar dipped on Thursday as Treasury yields fell after the U.S. government saw strong demand for a sale of 30-year bonds, while the euro was supported after the European Central Bank said it would trim emergency bond purchases over the coming quarter.

OTTAWA (Reuters) – The Canadian economy is moving closer to the point where the Bank of Canada will no longer need to continue adding stimulus to the economy through its quantitative easing (QE) program, but it is not there yet, Governor Tiff Macklem said on Thursday.

WASHINGTON (Reuters) – U.S. Federal Reserve bank Gov. Michelle Bowman added her voice Wednesday to the growing number of policymakers who say the weak August jobs report will not throw off the central bank’s developing plan to trim its $120 billion in monthly bond purchases later this year.

(Reuters) – Bearish bets on Thailand’s baht hit a more than six-month low, while investors turned bullish on some emerging Asian currencies after months, a Reuters poll showed on Thursday, as worries around COVID-19 ease and vaccinations pick up pace.

Investors are increasingly uneasy at signs central bankers in Europe and elsewhere are mulling a retreat from the easy-money policies that have provided much of the ammunition for stock market gains. So ahead of an ECB meeting where a stimulus slowdown is likely to be debated, stocks are sliding.

It’s all eyes on the ECB and the EUR. Have inflationary pressures pushed too far?