Analysis: Currencies

Japan may face its own 'fiscal cliff' if Takaichi calls early election

Japan may face its own version of the U.S. fiscal cliff if Prime Minister Sanae Takaichi calls an early snap election, a move that could delay parliamentary approval of a bill that grants the...

Fed's Williams says monetary policy well positioned amid a favorable outlook

Federal Reserve Bank of New York President John Williams said Monday he expects a healthy economy in 2026 and indicated he sees no near-term reason to cut interest rates. The...

Past three Fed chairs decry 'unprecedented' assault by Trump on Powell

The past three heads of the U.S. Federal Reserve on Monday joined with other former federal government economic policy leaders in condemning the Trump administration's criminal probe of Fed Chair...

Currencies : Employment fails to shift the narrative

Investors had been waiting eagerly, although the jobs report has ultimately done little to alter the current momentum.

Wall Street falls at open on worries over Fed autonomy

Wall Street's main indexes opened lower on Monday after the Trump administration renewed its attacks on the Federal Reserve, stoking fresh worries about the central bank's independence, while a...

How Trump's proposed cap on credit card rates could reshape consumer lending

A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, pressure bank profits...

Trump administration probe of Fed's Powell sparks pushback

The Trump administration's decision to open a criminal investigation into Fed Chair Jerome Powell drew condemnation from former Fed chiefs and a chorus of criticism from key members of Trump's...

Investors react as Trump-Fed feud escalates

Tensions between the White House and the U.S. central bank sharply escalated over the weekend, with Federal Reserve Chair Jerome Powell saying the administration had threatened him with a criminal...

Bessent: Goal of MBS buys is to match Fed run-off

U.S. Treasury Secretary Scott Bessent on Friday said the goal of the Trump administration's launch of mortgage-backed securities purchases is to roughly match the rate at which those bonds are rolling...

Two Fed officials say key to fixing US housing more about supply than financing 

Two Federal Reserve officials on Friday expressed some skepticism that a Trump administration plan to lower housing costs by buying billions in mortgage-backed bonds will do much to lift the troubled...

US factory headcount falling despite Trump's promised manufacturing boom

U.S. manufacturing jobs in December continued an eight-month skid that began last spring after President Donald Trump rolled out aggressive import taxes that he pledged would lead to a resurgence of...

Fed seen on longer rate-cut pause after December jobs data

A drop in the unemployment rate may ease concerns at the U.S. central bank about labor market weakness, with traders betting Federal Reserve Chair Jerome Powell has delivered his last interest rate...

Instant View: US job growth slows in December, backs Fed rate-cut pause this month

U.S. job growth slowed more than expected in December amid business caution about hiring because of import tariffs and rising artificial intelligence investment, but the unemployment rate dipped to...

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...