Analysis: Currencies

ECB's Villeroy: I read a rumour about Lagarde, it does not seem like an information

Bank of France Governor Francois Villeroy de Galhau said that a Financial Times report that European Central Bank President Christine Lagarde plans to leave her job early was a rumour. I...

ECB President Lagarde plans to quit before Macron's term ends, FT reports

European Central Bank President Christine Lagarde plans to leave her job early, ahead of next year's French presidential election, to give outgoing French leader Emmanuel Macron a say in picking her...

Japanese manufacturers' sentiment rebounds in February, underbelly still soft

Japanese manufacturers' confidence rose for the first time in three months in February, underpinned by stronger machinery orders and a weaker yen, the Reuters Tankan poll showed, an encouraging result...

Fed must dig deep on AI impact to make right rate calls ahead, Daly says

The Federal Reserve must dig deep into the data to assess whether artificial intelligence is boosting productivity growth and enabling faster economic growth without igniting inflation that would...

Fed's Barr says central bank likely on hold for some time as it watches for easing inflation

Federal Reserve Governor Michael Barr said on Tuesday that another central bank interest rate cut could come somewhere well down the road amid ongoing risks to the U.S. inflation outlook. ...

Fed's Goolsbee: 'Several' rate cuts possible this year if inflation gets on track to 2%

The U.S. Federal Reserve could approve several more interest rate cuts this year if inflation resumes a decline to the central bank's 2% target, Chicago Fed President Austan Goolsbee said on Tuesday,...

US dollar may be due for a reprieve after a four-month decline

The U.S. dollar is due for a bit of reprieve after its four-month decline as the political and economic backdrop turns in its favor and some market analysts turn bullish on the currency. ...

Warsh may want a smaller Fed balance sheet, but that's hard to achieve

Kevin Warsh, nominated to lead the Federal Reserve, may want a smaller central bank balance sheet, but he's unlikely to get it absent major tinkering with the financial system, and even then, it might...

Rupee ends flat; likely RBI presence blunts corporate, interbank dollar bids

The Indian rupee ended Tuesday little changed, as intermittent intervention by the Reserve Bank of India slowed the currency's drift toward the psychologically important 91-per-dollar mark. ...

Canada's Carney to visit India in early March, Ontario minister says

Canadian Prime Minister Mark Carney will visit New Delhi in early March to work with Prime Minister Narendra Modi on the framework for a comprehensive economic partnership agreement, Canadian official...

Sterling struggles for direction before key British data

The British pound was struggling for direction against the dollar and the euro on Monday before key economic data due later this week that could make or break the case for more rate cuts from the Bank...

Currencies: a fragile calm

The macroeconomic releases of recent days have not upended the central scenario, but they have clarified the regime in which markets are now operating. We are neither in a euphoric acceleration nor...

Japan PM Takaichi holds first meeting with BOJ chief Ueda since election win

Bank of Japan Governor Kazuo Ueda and Prime Minister Sanae Takaichi held their first bilateral meeting on Monday since the ruling party's landslide election victory, which could have served as a venue...

Japan's fragile Q4 economic recovery poses early test for Takaichi

STORY: Japan's economy struggled to fire-up during the fourth quarter. It posted only weak growth and missed market expectations by a wide margin. Government data showed...

Japan's junior coalition head warns against political meddling in BOJ policy

Japan's government must avoid meddling in monetary policy and focus on steps to build an economy strong enough to weather the potential pain from any further interest rate hikes, the leader of the...

ECB opens up euro lifeline in bid to boost global role

The European Central Bank is opening its euro lifeline to nearly all foreign countries to boost the single currency's global role amid geopolitical turmoil and fraying alliances. The ECB...

US bank regulators move closer to proposing new 'Basel' rules for large banks

U.S. bank regulators appear to be moving closer to proposing a new version of the so-called Basel endgame rules dictating how large banks must measure their risk, according to regulatory filings...

Wall St muted as markets assess softer-than-expected inflation data

Wall Street's main indexes were muted on Friday, with communication services weighing as markets assessed softer-than-expected inflation data that kept Federal Reserve rate cut hopes intact. ...

US Fed to tap former Wall Street lawyer Guynn for top bank oversight role, say sources

The U.S. Federal Reserve is expected to name Randall Guynn as its new director of supervision and regulation, said two people familiar with the matter, putting a Wall Street veteran with deep banking...