The South African rand strengthened on Thursday as the dollar tumbled after U.S. jobs growth came in weaker than expected, while oil prices declined as concerns over supply disruptions eased following progress in U.S.-Iran talks.
The Japanese yen's modest recovery against the dollar appears more consistent with profit-taking and caution about foreign exchange interventions as opposed to outright action to support the currency, Capital.com's Daniela Hathorn says in a note. "While [Japan's] officials have continued to warn th…
The US dollar index declined to 100.8 following a softer-than-anticipated employment report that led investors to scale back expectations for Federal Reserve interest rate increases this year.Nonfarm payrolls expanded by a meager 57K in June, compounded by downward revisions to hiring data from Apr…
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt climbed.The loonie FX_IDC:USDCAD was trading 0.3% higher at C$1.4175 to the greenback, or 70.55 U.S. cents, after trading in a range of 1.4151 to 1.4224.Canadian government 10-year bond yi…
By Karen BrettellThe dollar tumbled on Thursday after the closely watched employment report for June showed that employers added fewer jobs than economists had expected last month, while the Japanese yen gained sharply as traders braced for possible intervention from Japanese authorities.Employers…
Traders on Thursday priced in a much slimmer chance of a Federal Reserve interest-rate hike later this month after a Bureau of Labor Statistics report showed the U.S. economy added far fewer jobs than economists had expected.Traders continued to see an increase in the policy rate in September as li…
MONTREAL, July 2, 2026 /PRNewswire/ -- Nuvei, the global fintech building the infrastructure for every payment, everywhere, today completed a live agentic-commerce proof of concept with Visa, Arvato Systems, and fashion brand Kings and Priests. In the transaction, a merchant's AI agent initiated a…
CANBERA (dpa-AFX) - The Japanese yen strengthened against other major currencies in the European session on Thursday, due to rising investor expectations of government intervention.Japanese officials are reportedly giving up their long-standing practice of telegraphing intervention risks, according…
The rupee pared initial gains and settled for the day on a negative note, lower by 18 paise at 95.34 (provisional) against the US dollar on Thursday, as the support from easing crude oil prices was negated by robust dollar demand from importers and corporate hedgers.Forex traders said the Indian ru…
By Alun John and Stella QiuThe dollar eased on Thursday ahead of U.S. jobs data that could either support or challenge market expectations of a Fed interest rate hike this year, while oil prices slid again and chipmaker stocks struggled after a stellar quarter.Money market pricing currently indicat…
By Harry Robertson and Satoshi SugiyamaThe Japanese yen rose sharply against the dollar on Thursday as traders braced for possible intervention from Japanese authorities, who signalled a new approach to bolstering the chronically weak currency.The yen rally helped knock the dollar down against its…
1118 GMT - Bitcoin rises to a one-week high as markets scale back expectations for interest-rate rises by the Federal Reserve slightly. The repricing comes after Fed Chair Kevin Warsh said Wednesday that inflation risks had eased. Markets responded to his comments by largely pricing out a July rate…
By Ed FranklSwiss inflation edged lower in June, the first decline since higher energy prices prompted prices to accelerate after the outbreak of the war in Iran.The annual rate of inflation was 0.5%, lower than the 0.6% of both April and May, Swiss data agency FSO said Thursday. Inflation in the p…
By Megan Cheah and Fabiana Negrin OchoaGlobal fund managers are retaining their yen positions despite the currency's fall to its lowest level against the dollar in 40 years, taking a patient approach as speculation swirls that Japan could intervene again.Even if Japan steps in to support the yen, t…
Russia's need to import more gasoline after Ukrainian drone attacks on refineries will not weaken the rouble because exports of surplus crude oil will also increase, a top central bank official said on Thursday.Russia has begun importing gasoline by sea from India and plans to import 400,000 metric…
The pound rose to a one-year high against the euro on Thursday and jumped against the dollar as swings in the Japanese yen caused currency markets to gyrate.The euro slipped to 85.47 pence FX:EURGBP, its lowest since June last year, and was last down 0.2% against the pound.Meanwhile, sterling ralli…
U.S. Treasury yields rise though the dollar falls ahead of closely-watched employment data for June due at 1230 GMT. The dollar falls "amid easing geopolitical concerns as U.S.-Iran talks and diplomatic efforts continue," says Kudo.com's Konstantinos Chrysikos in a note. "Progress on this front cou…
BRUSSELS (dpa-AFX) - The U.S. dollar retreated against its most major counterparts in the New York session on Wednesday.The greenback retreated to 1.1411 against the euro and 0.8078 against the franc, from an early 5-day high of 1.1361 and a 6-day high of 0.8119, respectively.The greenback eased to…
By Megan Cheah and Fabiana Negrin OchoaGlobal fund managers are retaining their yen positions despite the currency's fall to its lowest level against the dollar in 40 years, taking a patient approach as speculation swirls that Japan could intervene again.Even if Japan steps in to support the yen, t…
Malaysian palm oil futures fell more than 1% on Thursday, as expectations of higher output pressured the market, while export demand has yet to show any meaningful recovery.The benchmark palm oil contract (FCPOc3) for September delivery on the Bursa Malaysia Derivatives Exchange fell 50 ringgit, or…
