Analysis: Currencies

US job growth stuck at stall speed in December; unemployment rate dips to 4.4%

U.S. employment growth slowed more than expected in December amid job losses in the construction, retail and manufacturing sectors, but a decline in the unemployment rate to 4.4% suggested the labor...

Canada job creation pauses after hiring surge, unemployment rate rises

Canada created just 8,200 net new jobs in December after three months of outsize gains and the unemployment rate rose to 6.8% from 6.5% as more people searched for work, Statistics Canada said on...

Euro zone economy caps resilient 2025 with retail and industry boosts

Euro zone retail sales rose more than expected in November and German industry continued to expand, offering further evidence that the currency bloc ended a turbulent year with stable - if modest -...

US stock futures subdued ahead of crucial jobs report, tariff ruling

U.S. stock index futures were muted on Friday, as investors refrained from placing big bets ahead of a crucial nonfarm payrolls report and a Supreme Court ruling on President Donald Trump's tariffs. ...

Portugal proposes Mario Centeno for ECB vice-presidency

Portugal's finance ministry has submitted the country's former central bank chief Mario Centeno as a candidate to become the next vice-president of the European Central Bank, it said on Friday. ...

Canadian dollar hits one-month low as investors reduce risky bets

The Canadian dollar steadied near a one-month low against its U.S. counterpart on Thursday as the recent increase in geopolitical uncertainty weighed on commodity-linked currencies and investors...

US Treasury's Bessent says Rieder not yet interviewed for top Fed job, decision likely this month

BlackRock's chief bond investment manager, Rick Rieder, has not been interviewed yet by U.S. President Donald Trump for the Federal Reserve top job, Treasury Secretary Scott Bessent said on Thursday,...

Fed to cut rates slightly this year, CBO forecasts

The Federal Reserve will likely cut rates a little more to address downside risks to the labor market and then stop there, the Congressional Budget Office forecast on Thursday, with higher tariffs and...

Brazil full audit court to decide on inspection of documents in Banco Master liquidation

A judge on Brazil's federal audit court on Thursday agreed to a request from the central bank to submit for a plenary decision on whether the court should inspect central bank documents related to...

Fed's Miran says he's looking for rate cut of 150 basis points this year

Stephen Miran, a Federal Reserve governor whose term ends at the end of January, said Thursday that he is looking for 150 basis points of interest-rate cuts this year to boost the U.S. labor market. ...

US December jobless rate likely at 4.6%, Chicago Fed says

The U.S. unemployment rate was unchanged at 4.6% in December, the Chicago Federal Reserve estimated on Thursday, a figure that suggests the labor market remained stuck in a low-hire, low-fire mode and...

Brazil annual inflation rate likely slowed further in December 

Brazil's annual inflation rate likely slowed further in December, a Reuters poll showed, falling further below the upper limit of the central bank's target range for a second month in a row. ...

India's RBI considering fresh exporter relief steps after low take-up of loan moratorium, sources say

India's central bank is considering new ways to support exporters hit by U.S. tariffs after a moratorium on loan repayments it offered last year drew few takers, two sources aware of the matter said. ...

Euro zone consumer inflation expectations hold steady

Euro zone consumers kept their inflation expectations unchanged in November, predicting a steady slowdown in price growth towards the European Central Bank's 2% target in the coming years, an ECB...

ECB's Santos Pereira: monetary policy has done its job, no need to change rates

European Central Bank policymaker Alvaro Santos Pereira urged governments to do more to lift growth in the euro zone, saying ECB policy had done its work to support the economy and there was no reason...

RBI actions likely to keep the rupee in a narrow trading range over coming months: Reuters Poll

The Indian rupee will trade in a narrow band against the dollar over the next few months, according to a Reuters poll of FX strategists who also said the Reserve Bank of India is likely to keep up...

Japan November real wages fall at fastest pace since January

Japan's real wages fell in November at the fastest pace since last January, dragged down by a sharp drop in one-off bonus payments, preliminary government data showed on Thursday. The...

Euro zone economy ends 2025 on benign note even as risks linger

Euro zone inflation slowed to 2% last month, capping a surprisingly benign year price-wise for the currency bloc, even as questions linger about the delayed impact of U.S. tariffs, German stimulus and...

Toronto home sales fall for a third straight month on economic uncertainty

Greater Toronto Area home sales fell for a third straight month in December and prices declined as economic uncertainty kept homebuyers on the sidelines, Toronto Regional Real Estate Board data showed...