Dollar strength reminds Wall Street ‘US exceptionalism’ isn’t isolationism: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – While “U.S. exceptionalism” has undoubtedly helped drive Wall Street’s record-busting returns in recent years, it should not be confused with isolationism. The…
Japan finance minister flags action against excessive foreign exchange movement
TOKYO (Reuters) -Japan Finance Minister Katsunobu Kato on Wednesday reiterated that the government would take appropriate action against excessive movement on the foreign exchange market, as the yen has seen…
Yen rises on BOJ talk; dollar rally pauses ahead of US inflation test
By Rae Wee SINGAPORE (Reuters) -The dollar’s towering rally hit a speed bump on Wednesday as traders turned cautious ahead of a closely watched U.S. consumer inflation report due later…
Gold prices steady with CPI data in focus
Investing.com– Gold prices moved little in Asian trade on Wednesday as traders kept to the sidelines ahead of key U.S. consumer inflation data, although mild declines in the dollar lent…
Japanese yen rises after BOJ’s Ueda says rate hike possible with economic progress
Investing.com– The Japanese yen strengthened on Wednesday after the Bank of Japan (BOJ) Governor Kazuo Ueda indicated that the central bank may consider raising interest rates if economic and price…
Oil inches up, but uncertainty over sanctions impact caps gains
SINGAPORE (Reuters) – Oil prices were little changed on Wednesday, after falling the previous day, as a dip in U.S. crude stockpiles and expectations of supply disruptions from sanctions on…
Asia FX treads water, dollar stalls ahead of CPI data
Investing.com– Most Asian currencies kept to a tight range on Wednesday, while the dollar pulled back from over two-year highs as traders awaited key consumer inflation data that is likely…
Oil prices muted as key US inflation data looms
Investing.com– Oil prices were largely steady in Asian trade on Wednesday as traders remained cautious ahead of a closely watched U.S. inflation report, while prices still hovered near a four-month…
Oil little changed as falling US stockpiles outweigh soft demand outlook
SINGAPORE (Reuters) – Oil prices were little changed on Wednesday, after falling the previous day, as a dip in U.S. crude stockpiles and expectations of supply disruptions from sanctions on…
California withdraws clean truck EPA waiver request ahead of Trump inauguration
By Lisa Baertlein and David Shepardson (Reuters) – California said on Tuesday it has withdrawn its request for a federal waiver to require commercial truckers to transition to zero-emissions vehicles,…
