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  1. EU to propose removing tariffs on US goods to meet Trump's demands - Bloomberg
    • Breaking news

    EU to propose removing tariffs on US goods to meet Trump's demands - Bloomberg

    • Breaking news

    Citing people familiar with the matter, Bloomberg reported on Wednesday that the European Union (EU) is looking to quicken its move to pass the legislation to remove all tariffs on US industrial goods.

  2. GBP: Still good short-term outlook - ING
    • Breaking news

    GBP: Still good short-term outlook - ING

    • Breaking news

    Another indication that French politics is having a limited FX impact is EUR/GBP, which has faced only limited downside pressure since the start of the week, ING's FX analyst Francesco Pesole notes.

  3. TRY: Lira crosses 41 to the dollar even as FX deposit scheme axed - Commerzbank
    • Breaking news

    TRY: Lira crosses 41 to the dollar even as FX deposit scheme axed - Commerzbank

    • Breaking news

    USD/TRY breached the 41.0 level this week amid media and policymaker commentary about positive developments on the economic front. The lira exchange rate versus a 50-50 basket of USD and EUR is depreciating at faster than 40% annualised.

  4. DXY: 2-way trades likely in the interim - OCBC
    • Breaking news

    DXY: 2-way trades likely in the interim - OCBC

    • Breaking news

    US Dollar (USD) continued to trade on the backfoot, from news of Trump removing Fed Governor Lisa Cook from her position. DXY last at 98.65 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

  5. USD/CAD picks up to 1.3850, remains wavering within previous ranges 
    • Breaking news

    USD/CAD picks up to 1.3850, remains wavering within previous ranges 

    • Breaking news

    The US Dollar is posting moderate gains against the Loonie on Wednesday.

  6. Secondary tariffs against India come into force - ING
    • Breaking news

    Secondary tariffs against India come into force - ING

    • Breaking news

    Oil prices were unable to extend their 4-day run of gains, with ICE Brent coming under pressure yesterday to settle 2.3% lower. There was no single catalyst for yesterday's move.

  7. EUR: Euro proving resilient to France - ING
    • Breaking news

    EUR: Euro proving resilient to France - ING

    • Breaking news

    The Euro (EUR) is not actively trading on the French political turmoil, but it's likely facing some degree of restraint from it. French equities had another bad day, but what matters is OAT's performance.

  8. Indian Rupee sees more downside as US tariffs on India set to kick in
    • Breaking news

    Indian Rupee sees more downside as US tariffs on India set to kick in

    • Breaking news

    The Indian Rupee is expected to see more downside against the US Dollar (USD) as increased tariffs on imports from India to the United States (US) are set to come into effect at 12:01 AM EDT or 09:31 PM IST.

  9. FX option expiries for Aug 27 NY cut
    • Breaking news

    FX option expiries for Aug 27 NY cut

    • Breaking news

    FX option expiries for Aug 27 NY cut at 10:00 Eastern Time via DTCC can be found below.

  10. GBP/JPY rises to near 199.00 as BoJ rate cut bets ease
    • Breaking news

    GBP/JPY rises to near 199.00 as BoJ rate cut bets ease

    • Breaking news

    GBP/JPY gains ground after registering losses in the previous session, trading around 198.80 during the European hours on Wednesday. The currency cross appreciates as the Pound Sterling (GBP) receives support as traders expect the Bank of England (BoE) to avoid further rate cuts.

  11. Pound Sterling trades broadly stable as Trump threatens Fed independence
    • Breaking news

    Pound Sterling trades broadly stable as Trump threatens Fed independence

    • Breaking news

    The Pound Sterling (GBP) trades in a tight range around 1.3460 against the US Dollar (USD) during the European trading session on Wednesday.

  12.  USD/JPY retreats from 147.95 with Fed's independence in question 
    • Breaking news

     USD/JPY retreats from 147.95 with Fed's independence in question 

    • Breaking news

    The US Dollar pares gains after a three-day rally against the Japanese Yen, as investors ponder the consequences of US President Trump's attempts to gain control of the Federal Reserve, and Governor Cook's decision to sue the president.Trump's unprecedented decision to oust Cook is just the latest e

  13. Forex Today: US Dollar shows resilience despite Trump-Fed drama
    • Breaking news

    Forex Today: US Dollar shows resilience despite Trump-Fed drama

    • Breaking news

    Here is what you need to know on Wednesday, August 27:

  14. NZD/USD holds losses near 0.5850 due to further RBNZ rate cut bets
    • Breaking news

    NZD/USD holds losses near 0.5850 due to further RBNZ rate cut bets

    • Breaking news

    NZD/USD has trimmed its losses from the previous session, trading around 0.5850 during the early European hours on Wednesday.

  15. EUR/GBP softens below 0.8650 amid fears of French political crisis
    • Breaking news

    EUR/GBP softens below 0.8650 amid fears of French political crisis

    • Breaking news

    The EUR/GBP cross trades in negative territory near 0.8630 during the early European session on Wednesday. The Euro (EUR) weakens against the Pound Sterling (GBP) amid French political uncertainty as French Prime Minister (PM) François Bayrou might lose a confidence vote on September 9.

  16. EUR/JPY Price Forecast: Strengthens above 171.50, further consolidation cannot be ruled out
    • Breaking news

    EUR/JPY Price Forecast: Strengthens above 171.50, further consolidation cannot be ruled out

    • Breaking news

    The EUR/JPY cross gains traction to near 171.85 during the early European session on Wednesday. The Japanese Yen (JPY) softens against the Euro (EUR) amid the improved risk sentiment, which undermines the safe-haven currency.

  17. USD/JPY Price Forecast: Strives to break above 200-day EMA
    • Breaking news

    USD/JPY Price Forecast: Strives to break above 200-day EMA

    • Breaking news

    The USD/JPY pair trades 0.4% higher to near 148.00 during the late Asian trading session on Wednesday. The pair advances as the Japanese Yen (JPY) underperforms its peers amid uncertainty surrounding the Tokyo Consumer Price Index (CPI) data for August, which is scheduled to be released on Friday.

  18. SNB's Martin strikes cautious note on prospect of negative rates -- Reuters
    • Breaking news

    SNB's Martin strikes cautious note on prospect of negative rates -- Reuters

    • Breaking news

    Swiss Central Bank (SNB) Vice Chairman Antoine Martin said on Wednesday that the bar is higher for the central bank to move interest rates into negative territory than it would be to cut rates if they were still above zero, Reuters reported on Wednesday. 

  19. US Dollar Index advances to near 98.50 despite worries over Fed independence
    • Breaking news

    US Dollar Index advances to near 98.50 despite worries over Fed independence

    • Breaking news

    The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is recovering its recent losses and trading around 98.50 during the Asian hours on Wednesday.

  20. USD/CAD ticks up around 1.3850, Fed Cook's ousting keeps US Dollar on back foot
    • Breaking news

    USD/CAD ticks up around 1.3850, Fed Cook's ousting keeps US Dollar on back foot

    • Breaking news

    The USD/CAD pair edges higher to near 1.3850 during the late Asian trading session on Wednesday. The Loonie pair gains marginally as the US Dollar (USD) ticks up, with the US Dollar Index (DXY) rising slightly to near 98.35.


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