Analysis: Currencies

Euro zone growth slows in December but completes strongest quarter since 2023, PMI shows

The euro zone economy expanded at a slower pace last month but ended 2025 with its strongest quarterly growth in more than two years as solid momentum in services offset a manufacturing contraction, a...

Government panel member urges BOJ to anchor inflation expectations around 2%

The Bank of Japan should set policy to anchor long-term inflation expectations around 2%, former deputy governor Masazumi Wakatabe, who is currently a member of a key government panel, was quoted as...

Japan's cash in circulation falls for first time in 18 years in 2025 on BOJ stimulus exit

Japan's monetary base, or cash in circulation, declined for the first time in 18 years in 2025 as the central bank weaned off massive policy support, data showed on Tuesday, a trend that is likely to...

Dollar pressured as Venezuela fear gives way to optimism

The U.S. dollar ticked lower for a second day against major peers on Tuesday, as market jitters from U.S. military action in Venezuela eased and stocks rallied around the world, helped by dovish...

Digital bank PicPay files for US IPO

Brazilian digital bank PicPay filed for an initial public offering in the United States on Monday. The U.S. IPO market regained momentum in 2025, but hopes for a stronger rebound were...

Brazil judge considers blocking asset sales in Banco Master case

A judge at Brazil's federal audit court TCU said on Monday that he may consider measures to prevent the sale of assets during the liquidation of Banco Master, a mid-sized lender shut down by the...

Tariffs may lower inflation, SF Fed research suggests

The sharp increase in tariffs imposed last year by the Trump administration may reduce inflation rather than increase it, according to research published Monday by the San Francisco Federal Reserve...

US factory sector contracts for 10th straight month in December

U.S. manufacturing activity slumped to a 14-month low in December, with new orders contracting further and input costs grinding higher as the sector continued to bear the imprint of President Donald...

Dollar retreats with markets focused on US data, shrugging off Venezuela

The dollar retreated from a near four-week high against major currencies on Monday as traders turned their focus to a raft of key U.S. economic data this week for clues on the monetary policy...

India's central bank to manage capital city's banking business, debt

India's central bank said on Monday it has signed an agreement with the government of the country's national capital Delhi to handle its banking business and manage its rupee public debt. ...

Dollar gains as traders look past Venezuela to flurry of US data

The dollar started the first full trading week of 2026 by climbing to multi-week highs against a range of currencies after a weak December, with the main focus on this week's raft of key economic...

Rupee dips on dollar demand at RBI reference rate, Asian weakness

The Indian rupee edged lower on Monday, tracking Asian peers and pressured by dollar demand around the Reserve Bank of India's reference rate. The rupee ended at 90.2775 per dollar...

Bank of Japan chief vows to keep raising interest rates

Bank of Japan Governor Kazuo Ueda said on Monday the central bank will continue to raise interest rates if economic and price developments move in line with its forecasts. Japan's...

BOJ to keep raising interest rates, governor Ueda says

Bank of Japan Governor Kazuo Ueda said on Monday the central bank will continue to raise interest rates if economic and price developments move in line with its forecast. Wages and...

Dollar firms as traders look past Venezuela to flurry of US data

The dollar started the first full trading week of the New Year on the front foot, rising to a 3-1/2-week peak versus the euro and a two-week high against the yen. Currency traders...

Dollar firmer as Venezuela raid hangs over sentiment

The dollar started the first full trading week of the new year on the front foot, rising to a 3-1/2-week high versus the euro and gaining against sterling. Currency moves have so far...

Fed's Paulson signals another rate cut could take a while 

Federal Reserve Bank of Philadelphia President Anna Paulson said on Saturday that further central bank rate cuts could be some way off while officials take stock of the economy's performance after an...

Germany's CSU says it will push ahead with European stock exchange plan

Germany's conservative Christian Social Union , sister party to Friedrich Merz's CDU, on Saturday said it will help push ahead with the Chancellor's call for a single European stock exchange to...

Dollar rises to start 2026 after biggest annual drop in eight years

The U.S. dollar began 2026 stronger on Friday, snapping last year's slump against most currencies as investors look ahead to a critical week of economic data that could steer Federal Reserve policy...