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Markets
Japanese Yen weakens on fiscal worries and BoJ policy uncertainty
The Japanese Yen (JPY) attracts fresh sellers at the start of a new week and erodes a part of Friday's modest recovery gains amid concerns about Japan's ailing fiscal position on…
New Zealand Dollar softens to near 0.5600 as RBNZ rate cut looms
The NZD/USD pair loses ground to near 0.5605 during the early Asia session on Monday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) amid expectations that the…
XAU/USD gains ground above $4,050 on Fed rate cut bets, US data awaited
Gold price (XAU/USD) trades in positive territory around $4,075 during the early Asia session on Monday. The precious metal edges higher as expectations for a Federal Reserve (Fed)…
We need expansive monetary policy to support inflation
Swiss National Bank (SNB) President Martin Schlegel said that consumer-price growth in Switzerland is expected to accelerate a bit, Bloomberg reported on Saturday.Key…
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Export-Import Bank to spend $100bn to achieve US energy dominance
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe US Export-Import Bank will invest $100bn to…
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Oil majors return to Libya as Tripoli launches first exploration auction in 18 years
Stay informed with free updatesSimply sign up to the Oil & Gas industrymyFT Digest -- delivered directly to your inbox.The world’s biggest energy companies are returning to…
CAD steady on the day – Scotiabank
The Canadian Dollar (CAD) is little changed on the day, with spot holding gains towards the 1.41 area yesterday amid the US equity market sell-off, Scotiabank's Chief FX…
EUR is soft and drifting back toward Thursday’s low – Scotiabank
The Euro (EUR) is soft, down a marginal 0.1% as it drifts back toward Thursday’s low just above 1.15, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. PMI’s…