Analysis: Currencies

Canadian home sales fall 1.9% in 2025 on tariff shock

Canadian home sales posted an annual decline last year as sales and prices fell in December, data from the Canadian Real Estate Association showed on Thursday. Home sales fell 2.7% in...

ECB has no room for complacency as attack on Fed raises risks, Kazaks says

The European Central Bank should be on alert as the U.S. administration's attack on the Federal Reserve raises new risks to the economic outlook, ECB policymaker Martins Kazaks said in an interview. ...

BOJ to raise rates again to 1% or higher by end-September, possibly by July: Reuters Poll

The Bank of Japan will likely wait until July before raising its key interest rate again, economists say, with more than 75% of them expecting it to climb to 1% or higher by September from the current...

Trump says he has no plan to fire Fed's Powell despite investigation

U.S. President Donald Trump said on Wednesday he has no plans to fire Jerome Powell despite a Justice Department criminal investigation into the Federal Reserve chair, but it was too early to say what...

Japan's wholesale inflation slows, import costs flatten on weak yen

Japan's wholesale inflation slowed in the year to December on sliding fuel costs, data showed on Thursday, a sign falling crude oil prices were offering some relief to companies facing rising labour...

Two-thirds of Japan firms see tension with China hurting economy

More than two-thirds of Japanese firms expect the economy to suffer from frayed ties with China, with nearly half reporting or anticipating a direct business impact, a Reuters survey showed on...

New York Fed desk plans to conduct purchases worth over $55 billion over next month

The New York Federal Reserve's operations desk plans to conduct about $15.4 billion in reinvestment purchases and an additional approximately $40 billion in reserve management purchases between...

US economic activity mostly increased in recent weeks, Fed survey shows

Economic activity increased in most parts of the U.S. and employment was mostly unchanged in recent weeks, the Federal Reserve said on Wednesday in a report that may do little to sway policymakers'...

Fed policymakers mostly back Powell after Trump administration's threat

Federal Reserve Governor Stephen Miran said on Wednesday comments from foreign central banks in defense of U.S. central bank chief Jerome Powell were inappropriate, a remark that stood in contrast to...

Fed's Paulson reiterates more rate cuts could follow moderating in inflation

Federal Reserve Bank of Philadelphia President Anna Paulson reiterated Wednesday her expectation that the central bank could lower short-term interest rates later this year if the economy meets her...

Brazil billionaire Batista shuttles between DC and Caracas, eyeing oil deals

Brazilian billionaire Joesley Batista met with Venezuela's interim President Delcy Rodriguez on Friday, before and after he met in Washington with U.S. officials, whom he reassured that she seems...

US producer prices increase moderately in November

U.S. producer prices picked up slightly in November amid a surge in the cost of gasoline, but businesses appeared to be absorbing some of the tariffs on imports, with trade margins compressing.  ...

Fed's Kashkari says Trump administration's threats are 'about monetary policy', NYT reports

Minneapolis Federal Reserve President Neel Kashkari said the Trump administration's actions against the central bank in the past year were really about monetary policy, as he came to the defense of...

Sterling edges higher, key UK data flurry up ahead

The pound rose on Wednesday, gaining against the dollar, euro and yen, ahead of economic growth data later this week that might help shape expectations for Bank of England monetary policy in the...

Brazil police serve warrants on businessmen in Banco Master probe

Brazil's federal police served search and seizure warrants against businessmen Daniel Vorcaro and Nelson Tanure on Wednesday as part of an investigation into alleged fraud at Banco Master, a Supreme...

Fed's loss of independence would push up inflation, threaten stability, ECB's Rehn says

Any loss of U.S. Federal Reserve independence would push up inflation and might even endanger financial stability, Finnish central bank Governor Olli Rehn said on Wednesday as he expressed full...

Rupee ends marginally down, far forward premiums drift higher

The Indian rupee ended a choppy trading session modestly weaker on Wednesday, with corporate dollar appetite and likely intervention by the Reserve Bank of India tugging the currency in one direction...

Trump probe of Fed chair stresses need for global diversification

The criminal investigation into the Fed chair has reinforced the case for diversifying holdings beyond the United States for some investors as they worry about the ongoing independence of the central...

US new home sales fall marginally in October

Sales of new U.S. single-family homes fell slightly in October after increasing for two straight months, though declining prices amid still-elevated inventory could support the new housing market this...