Analysis: Currencies

Trump again targets Fed's Powell on interest rate cuts

SEOUL -U.S. President Donald Trump complained on Wednesday about the Federal Reserve, once again taking aim at central bank chief Jerome Powell for perceived delays in cutting interest rates. ...

Trump slams Fed chair, eyes replacement in a few months

TOKYO -U.S. President Donald Trump on Tuesday said there was a long list of people who could take over the Federal Reserve, slamming current chairman Jerome Powell as the central bank prepared to...

Euro appreciation significantly eroding EU competitiveness, ECB's Panetta says

ROME -The appreciation of the euro is significantly eroding the price competitiveness of European products, the European Central Bank's governing council member Fabio Panetta said on Tuesday. ...

Favorable rate outlook, FX stewardship spur record high foreign ownership of India bonds

MUMBAI -Foreign ownership of Indian government bonds touched a record high, with investors prizing their diversification value and potential for gains with more rate cuts, even as the central bank...

Market liquidity concerns cloud end of Fed's balance sheet drawdown

As Wall Street's expectations have rapidly shifted toward an imminent end to the Federal Reserve's effort to shrink its bond holdings, some analysts also anticipate a return to balance sheet...

Hong Kong home prices grow for sixth month in September, up 1.3%

HONG KONG -Home prices in Hong Kong grew 1.3% in September from August, marking the sixth consecutive month of increases, government data showed on Tuesday, supported by improved sentiment. ...

Currencies: The balance of power has reversed

You can get burnt playing with fire, especially as the geopolitical situation has changed significantly in recent years. Donald Trump would be well advised to remember this during his negotiations...

Mali suspends schools over fuel crisis, strikes deal with Russia for petroleum products

BAMAKO -Mali has suspended school and university classes throughout the country for two weeks from Monday due to a fuel shortage, the government said late on Sunday, after al Qaeda-linked insurgents...

Fed poised to cut rates this week, with more easing likely on tap

Federal Reserve policymakers are widely expected to reduce U.S. short-term borrowing costs  this week by a quarter of a percentage point for the second time this year as they look to prevent further...

Countdown to Fed cut: Bond investors scale back on longer-dated Treasuries

NEW YORK -Bond investors are re-examining their holdings of longer-dated Treasuries, with some reducing positions and others even going short relative to their benchmark, as the Federal Reserve...

Bank of Canada poised to cut rates to 2.25% amid economic slowdown

OTTAWA -Economists expect the Bank of Canada to make a second consecutive policy rate cut this week due to a slowing economy and high joblessness. Canada's economy contracted in the...

Japan's leading indicator of service inflation perks up in September

TOKYO -A leading indicator of Japan's service-sector inflation perked up for the second straight month in September, data showed on Monday, backing up the central bank's view that rising labour costs...

Fed hands banks a win with vote to advance 'stress test' overhaul

WASHINGTON -The U.S. Federal Reserve on Friday advanced an overhaul of its annual stress tests of large banks, handing the industry a long-sought win over an exercise that they complain is opaque and...

Fed lays out proposed changes bank stress tests

WASHINGTON -The U.S. Federal Reserve unveiled plans Friday to make its models and scenarios for subjecting large banks to annual stress tests publicly available and responsive to feedback, a major...

US dollar set for modest weekly gain after soft inflation data

NEW YORK -The U.S. dollar was almost flat on Friday after dipping following fresh inflation data that showed U.S. consumer prices increased less than expected in September, keeping the Federal...

US dollar lower after consumer prices increase less than expected

NEW YORK/LONDON -The U.S. dollar was lower on Friday after fresh U.S. inflation data showed that U.S. consumer prices increased slightly less than expected in September, keeping the Federal Reserve...

Fed to hand banks a win with proposed 'stress test' overhaul

WASHINGTON -The U.S. Federal Reserve is poised to unveil an overhaul of its annual stress tests of large banks, handing the industry a long-sought win over an exercise they have long complained is...

Bank of Japan to consider best timing for next rate hike

TOKYO -The Bank of Japan is likely to debate next week whether conditions are ripe to resume rate hikes as worries about a tariff-induced recession ease, though political complications may keep it on...

China monetary policy framework to remain same amid AI impact, central bank adviser says

SHANGHAI -China's monetary policy framework will stay the same as long as the goal remains price stability, Huang Yiping, an adviser to the central bank and a professor at Peking University, said on...