Analysis: Currencies

US stock futures pared declines after January inflation data

U.S. stock index futures pared declines on Friday after a softer-than-expected inflation report kept the Federal Reserve on track to deliver interest rate cuts this year. A Labor...

US consumer prices increase marginally, but inflation pressures persist

U.S. consumer prices increased less than expected in January amid cheaper gasoline and a moderation in rental inflation, but households faced higher costs for services, suggesting little urgency for...

How to boost the international role of the euro

Euro zone finance ministers will discuss on Monday how to boost the international role of their euro currency to make Europe more competitive and resilient against economic pressure from the United...

Bessent says Senate Banking Committee agreed to proceed with hearings for Fed nominee Warsh

The Senate Banking Committee will proceed with confirmation hearings for Kevin Warsh, President Donald Trump's pick to head the Federal Reserve, despite a key senator's hold on the nomination,...

US tariffs, Chinese competition weigh on EU trade, data show

The EU's trade surplus kept shrinking, data showed on Friday, as tariffs weighed on exports to the U.S. and rising Chinese imports crowded out domestic production, highlighting existential threats to...

Start-of-year price increases seen lifting monthly US consumer inflation in January

U.S. consumer prices likely maintained a steady pace of increase in January as businesses raised prices at the start of the year, which together with a stabilizing labor market could allow the Federal...

Japan's core inflation likely eased in January for 2nd straight month

Japan's core consumer inflation likely eased for the second straight month in January, a Reuters poll showed on Friday, due to falls in gasoline costs and a slower pace of food price increases. ...

Hawkish Bank of Japan policymaker signals rate-hike chance 'this spring'

Japan is very close to durably achieving the central bank's 2% inflation target, hawkish board member Naoki Tamura said on Friday, signaling the chance of an interest rate hike in coming months. ...

Rupee closes nearly flat, modest depreciation bias lingers

The Indian rupee was little changed on Friday as pressure from weak local stocks and elevated interbank dollar demand met likely central bank intervention to defend the currency, traders said. ...

Fed policy is tighter than thought, inflation not a problem, Miran says

The Federal Reserve's current monetary-policy setting threatens U.S. economic growth that otherwise is being underwritten by a range of Trump administration policies including tax cuts, Fed Governor...

Global EV sales hampered by China, US slowdown in January

Global EV registrations fell 3% in January as the introduction of a purchase tax and lower EV subsidies in China and policy changes in the U.S. hindered sales, data by consultancy Benchmark Mineral...

Canadian dollar weakens as equities, oil prices slide

The Canadian dollar weakened against its U.S. counterpart on Thursday as equity and commodity markets fell, while a U.S. lawmaker vote against tariffs on Canadian goods had little impact. ...

US labor market stabilizing; housing sector still subdued

The number of Americans filing new applications for unemployment benefits decreased less than expected last week, but the decline was consistent with economists' view that the labor market was...

Russia's economy minister delays recovery outlook, Interfax reports 

Russia's economy will continue to slow in the first half of the year, with a recovery possible only by late 2026 and more likely in 2027, Economy Minister Maxim Reshetnikov was quoted as saying on...

Chinese tourists head to Russia, Thailand on extended Lunar New Year break

More Chinese tourists are expected to travel overseas during next week's extra-long Lunar New Year break, with top destinations ranging from Russia and Australia to Thailand and South Korea, travel...

Japan's wholesale inflation slows, weak yen pressures import costs

Japan's annual wholesale inflation slowed for a second consecutive month in January but yen-based import costs rose, highlighting the impact of a weak yen on prices and monetary policy. ...

Why Japan's emboldened PM won't toy with risks of a weak yen

Japanese Prime Minister Sanae Takaichi's landslide election win has given fresh impetus to her economic stimulus agenda but the risk of destabilising yen declines remains one firm check on her push...

US Fed to review previously flagged bank shortcomings, memo says

The Federal Reserve plans to review issues its examiners had previously flagged for banks to address, as the U.S. central bank overhauls its oversight of the nation's financial institutions, according...

Lagarde lays out key reforms needed to boost EU resilience, source says

European Central Bank President Christine Lagarde called on EU leaders on Wednesday to take urgent action in critical areas, including potentially divisive joint debt issuance, to make the bloc more...