Analysis: Currencies

Supreme Court tariff ruling clouds Fed's rate path after a year of upheaval

The Supreme Court's ruling against a broad set of the Trump administration's tariffs poses new questions for Federal Reserve policymakers who have spent the last year trying to understand how the...

Trump nodded to low GDP numbers in social post ahead of public release, blaming shutdown

President Donald Trump seemingly flagged a disappointing end-of-year reading on U.S. economic growth before it was made public, criticizing the role Democrats played in an extended government shutdown...

German finance minister calls talk of ECB president succession 'speculation'

German Finance Minister Lars Klingbeil said on Friday that discussion of the term length of ECB President Christine Lagarde was speculation, but that when it came time to find a successor, Germany...

Trade pacts boost foreign inflows, lift rupee, Indian central bank says

Foreign portfolio inflows and the rupee have strengthened after India's free trade agreement with the European Union and an interim trade deal with the United States, the Reserve Bank of India said in...

Euro zone businesses perform better than expected in February as manufacturing bounces back, PMI shows

Euro zone business activity accelerated faster than forecast this month as manufacturing swung back to growth for the first time since October, though the dominant services sector marginally...

Dollar set for best week in four months on hawkish Fed, geopolitics

The dollar was poised on Friday to cap its strongest weekly performance since October, buoyed by a run of better-than-expected economic data, a more hawkish Federal Reserve outlook and as tensions...

Japan's core inflation slows to 2-year low, complicates BOJ rate-hike timing

Japan's annual core consumer inflation hit a two-year low to match the central bank's 2% target in January, data showed on Friday, suggesting weakening price pressure that could complicate its...

Fed's Kashkari: Hassett comments about Fed researchers represent another attack on independence

The call by a top Trump administration official for New York Federal Reserve staff to be disciplined for recent research on tariffs was just the latest move by the administration to undermine the...

Visa strikes deal for Prisma, Newpay to boost Argentina presence

Card giant Visa said on Thursday it would buy payment platforms Prisma and Newpay from private-equity firm Advent International, bolstering its presence in Argentina. The deal will help...

ECB's Lagarde signals no imminent exit as politics and central banks collide

European Central Bank President Christine Lagarde has told colleagues she remains focussed on her job and she would tell them first if she was about to step down, a message they took to mean she was...

Japan may see upheaval of funds when BOJ hikes rates to 1%, economist says

An expected rise in Japan's short-term interest rate to 1% may trigger a significant reallocation of cash into deposits that could complicate the Bank of Japan's monetary policy implementation, a...

ECB's Lagarde hints her exit is not imminent in message to colleagues

European Central Bank President Christine Lagarde has told colleagues she remains focussed on her job and she would tell them first if she was about to step down, a message they took to mean she was...

BOJ to hike policy rate to 1% by end-June, sooner than forecast before election - Reuters poll

The Bank of Japan is likely to raise its key interest rate to 1% by end-June, according to a majority of economists polled by Reuters, with some expecting a move as soon as April because of mounting...

Japan PM faces challenges selling 'proactive' fiscal policy to bond vigilantes

Japanese Prime Minister Sanae Takaichi will likely seek to convince markets her proactive fiscal policies aren't as expansionary as they seem, as legislative deliberations on her flagship spending and...

Fed minutes downplay impact of Trump mortgage buying on housing affordability 

An effort launched by the Trump administration to improve home borrowing costs is not coming to much so far, meeting minutes from the Federal Reserve's January 27-28 meeting, released on Wednesday,...

ECB's Schnabel sees no need to leave her board seat early, Bloomberg News reports

European Central Bank board member Isabel Schnabel said she plans to stay on for the full duration of her eight-year term, which ends in 2027, Bloomberg News reported on Wednesday. I...

Japan PM Takaichi hopes BOJ works closely with government to durably hit price goal

Japanese Prime Minister Sanae Takaichi said on Wednesday she hopes the central bank works closely with the government to durably achieve its 2% inflation target accompanied by wage gains. ...

ECB succession talk puts Knot and De Cos in frame for top job

The former governors of the Spanish and Dutch central banks are seen as the front-runners to replace Christine Lagarde at the helm of the European Central Bank, likely in a broader political deal that...

Fed minutes could highlight shift in balance of risks as policymakers put rates on hold

Minutes of the U.S. Federal Reserve's January 16-17 meeting released on Wednesday are expected to provide more detail on why central bankers kept interest rates on hold last month and what it may take...