Currencies

Dollar gains against peers with investors eyeing upcoming data

The U.S. dollar gained against major peers on Tuesday, with the euro trading down following softer inflation data in Europe, but moves were fairly muted with investors focused on how upcoming data...

Euro zone inflation dips, growth holds up, backing ECB's sanguine narrative

Inflation slowed more than expected in some of the euro zone's biggest economies last month while economic growth held up, confirming views that price pressures have largely dissipated and the bloc...

Fed's Barkin says U.S. facing risks to both central bank mandates

Further U.S. Federal Reserve interest rate changes will need to be finely tuned to incoming data given risks to both the Fed's unemployment and inflation goals, Richmond Fed president Tom Barkin said...

Inflation slows in several German states in December

Inflation slowed in several German states in December, official data showed on Tuesday, pointing to a lower national rate in Europe's largest economy. Official national data are due at...

Euro zone growth slows in December but completes strongest quarter since 2023, PMI shows

The euro zone economy expanded at a slower pace last month but ended 2025 with its strongest quarterly growth in more than two years as solid momentum in services offset a manufacturing contraction, a...

Government panel member urges BOJ to anchor inflation expectations around 2%

The Bank of Japan should set policy to anchor long-term inflation expectations around 2%, former deputy governor Masazumi Wakatabe, who is currently a member of a key government panel, was quoted as...

Japan's cash in circulation falls for first time in 18 years in 2025 on BOJ stimulus exit

Japan's monetary base, or cash in circulation, declined for the first time in 18 years in 2025 as the central bank weaned off massive policy support, data showed on Tuesday, a trend that is likely to...

Dollar pressured as Venezuela fear gives way to optimism

The U.S. dollar ticked lower for a second day against major peers on Tuesday, as market jitters from U.S. military action in Venezuela eased and stocks rallied around the world, helped by dovish...

Digital bank PicPay files for US IPO

Brazilian digital bank PicPay filed for an initial public offering in the United States on Monday. The U.S. IPO market regained momentum in 2025, but hopes for a stronger rebound were...

Brazil judge considers blocking asset sales in Banco Master case

A judge at Brazil's federal audit court TCU said on Monday that he may consider measures to prevent the sale of assets during the liquidation of Banco Master, a mid-sized lender shut down by the...

Tariffs may lower inflation, SF Fed research suggests

The sharp increase in tariffs imposed last year by the Trump administration may reduce inflation rather than increase it, according to research published Monday by the San Francisco Federal Reserve...

US factory sector contracts for 10th straight month in December

U.S. manufacturing activity slumped to a 14-month low in December, with new orders contracting further and input costs grinding higher as the sector continued to bear the imprint of President Donald...

Dollar retreats with markets focused on US data, shrugging off Venezuela

The dollar retreated from a near four-week high against major currencies on Monday as traders turned their focus to a raft of key U.S. economic data this week for clues on the monetary policy...

India's central bank to manage capital city's banking business, debt

India's central bank said on Monday it has signed an agreement with the government of the country's national capital Delhi to handle its banking business and manage its rupee public debt. ...

Dollar gains as traders look past Venezuela to flurry of US data

The dollar started the first full trading week of 2026 by climbing to multi-week highs against a range of currencies after a weak December, with the main focus on this week's raft of key economic...

Rupee dips on dollar demand at RBI reference rate, Asian weakness

The Indian rupee edged lower on Monday, tracking Asian peers and pressured by dollar demand around the Reserve Bank of India's reference rate. The rupee ended at 90.2775 per dollar...

Bank of Japan chief vows to keep raising interest rates

Bank of Japan Governor Kazuo Ueda said on Monday the central bank will continue to raise interest rates if economic and price developments move in line with its forecasts. Japan's...

BOJ to keep raising interest rates, governor Ueda says

Bank of Japan Governor Kazuo Ueda said on Monday the central bank will continue to raise interest rates if economic and price developments move in line with its forecast. Wages and...

Dollar firms as traders look past Venezuela to flurry of US data

The dollar started the first full trading week of the New Year on the front foot, rising to a 3-1/2-week peak versus the euro and a two-week high against the yen. Currency traders...