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CORRECTED-Sterling edges up; pre-budget jitters stoke volatility
By Ozan Ergenay London, Nov 25 (Reuters) - Sterling headed for a fourth daily rise on Tuesday, while traders piled into the options market seeking protection against heightened volatility in light of Britain's upcoming budget announcement. The pound, which is heading for a 4.8% gain this yea...Reuters
Wed, Nov 26
EUR/GBP edges lower as supportive UK budget helps Pound recover
The EUR/GBP retreats on Wednesday after the latest UK’s budget revealed by the Chancellor Rachel Reeves seem to be well received by investors, which initially sold off the British Pound, which trimmed its earlier loses. At the time of writing, the cross trades at 0.8766 down 0.24%.
Fxstreet
Wed, Nov 26
EUR/USD edges higher as mixed US data fails to shift dovish Fed expectations
The Euro (EUR) holds firm against the US Dollar (USD) on Wednesday, with EUR/USD edging higher after a brief dip following the latest US economic data. At the time of writing, the pair is trading around 1.1580, recovering from a daily low of 1.1547.
Fxstreet
Wed, Nov 26
Nomura closes trade recommendation to buy euros for sterling
Nomura said on Wednesday it had closed its recommendation to buy the euro against sterling after Britain's budget "avoided the major tail risks that could have hurt" the pound. They said in the budget "the overall fiscal 'headroom'” was increased, and there was no sign of nea...Reuters
Wed, Nov 26
IMF reclassifies India's FX management regime as 'crawl-like arrangement' from 'stabilised'
MUMBAI, Nov 26 (Reuters) - The International Monetary Fund has reclassified India's "de facto" exchange rate regime as a "crawl-like arrangement", two years after it had termed the country's FX management framework as a "stabilised arrangement." The reclassification f...Reuters
Wed, Nov 26
INSTANT VIEW-Sterling, UK bond prices rise as Reeves' budget delivers more headroom
LONDON, Nov 26 (Reuters) - Sterling and UK government bond prices edged up on Wednesday in volatile trade as Britain's finance minister Rachel Reeves delivered a highly-anticipated budget.Britain's government will have almost 22 billion pounds ($28.9 billion) in fiscal headroom in five years...Reuters
Wed, Nov 26
QUOTES-What did UK's Reeves say in her budget speech?
LONDON, Nov 26 (Reuters) - British finance minister Rachel Reeves is delivering her annual budget on Wednesday, unveiling billions of pounds in tax increases.Here are some of the main quotes from her speech to parliament:ON OFFICE FOR BUDGET RESPONSIBILITY RELEASING OUTLOOK EARLY"It is my unders...Reuters
Wed, Nov 26
INSTANT VIEW-Sterling, UK bond prices rise as Reeves' budget delivers more headroom
LONDON, Nov 26 (Reuters) - Sterling and UK government bond prices rallied on Wednesday in whip-sawed trade as Britain's finance minister Rachel Reeves delivered a highly-anticipated budget.Britain's government will have almost 22 billion pounds ($28.9 billion) in fiscal headroom in five year...Reuters
Wed, Nov 26
QUOTES-What did UK's Reeves say in her budget speech?
LONDON, Nov 26 (Reuters) - British finance minister Rachel Reeves is delivering her annual budget on Wednesday, unveiling billions of pounds in tax increases.Here are some of the main quotes from her speech to parliament:ON OFFICE FOR BUDGET RESPONSIBILITY RELEASING OUTLOOK EARLY"It is my unders...Reuters
Wed, Nov 26
QUOTES-What did UK's Reeves say in her budget speech?
LONDON, Nov 26 (Reuters) - British finance minister Rachel Reeves is delivering her annual budget on Wednesday, unveiling billions of pounds in tax increases.Here are some of the main quotes from her speech to parliament:ON OFFICE FOR BUDGET RESPONSIBILITY RELEASING OUTLOOK EARLY"It is my unders...Reuters
Wed, Nov 26
QUOTES-What did UK's Reeves say in her budget speech?
LONDON, Nov 26 (Reuters) - British finance minister Rachel Reeves is delivering her annual budget on Wednesday, unveiling billions of pounds in tax increases.Here are some of the main quotes from her speech to parliament:ON OFFICE FOR BUDGET RESPONSIBILITY RELEASING OUTLOOK EARLY"It is my unders...Reuters
Wed, Nov 26
QUOTES-What did UK's Reeves say in her budget speech?
LONDON, Nov 26 (Reuters) - British finance minister Rachel Reeves is delivering her annual budget on Wednesday, unveiling billions of pounds in tax increases.Here are some of the main quotes from her speech to parliament:ON OFFICE FOR BUDGET RESPONSIBILITY RELEASING OUTLOOK EARLY"It is my unders...Reuters
Wed, Nov 26
USD/CHF declines further as US Dollar weakens on Fed rate cut outlook
USD/CHF trades lower on Wednesday, around 0.8060 at the time of writing, down 0.10% on the day. The pair extends the correction initiated after reaching its near three-week high just above 0.8100, pressured by a broader bearish tone surrounding the US Dollar (USD).
Fxstreet
Wed, Nov 26
QUOTES-What did UK's Reeves say in her budget speech?
LONDON, Nov 26 (Reuters) - British finance minister Rachel Reeves is delivering her annual budget on Wednesday, unveiling billions of pounds in tax increases.Here are some of the main quotes from her speech to parliament:ON OFFICE FOR BUDGET RESPONSIBILITY RELEASING OUTLOOK EARLY"It is my unders...Reuters
Wed, Nov 26
QUOTES-What did UK's Reeves say in her budget speech?
LONDON, Nov 26 (Reuters) - British finance minister Rachel Reeves is delivering her annual budget on Wednesday, unveiling billions of pounds in tax increases.Here are some of the main quotes from her speech to parliament:ON OFFICE FOR BUDGET RESPONSIBILITY RELEASING OUTLOOK EARLY"It is my unders...Reuters
Wed, Nov 26
INSTANT VIEW-Sterling, UK bonds reverse brief jump after upbeat OBR forecasts
LONDON, Nov 26 (Reuters) - The pound briefly jumped to session highs, while UK government bond prices staged a short, sharp rise on Wednesday, after the independent Office for Budget Responsibility released its forecasts early, offering a more upbeat view of Britain's economy and finances.Britai...Reuters
Wed, Nov 26
FOREX-Yen slides despite rate hike talk; sterling choppy after financial forecasts
BOJ eyes rate hike as soon as next month - sourcesNew Zealand dollar surges on hawkish RBNZ tiltTraders anticipate December Fed cut, weigh new Fed chairSterling choppy as investors digest OBR forecasts By Ozan Ergenay and Rae Wee SINGAPORE/LONDON, Nov 26 (Reuters) - The yen softened on Wednesday...Reuters
Wed, Nov 26
INSTANT VIEW-Sterling, UK bonds reverse brief jump after upbeat OBR forecasts
LONDON, Nov 26 (Reuters) - The pound briefly jumped to session highs, while UK government bond prices staged a short, sharp rise on Wednesday, after the independent Office for Budget Responsibility released its forecasts early, offering a more upbeat view of Britain's economy and finances.Britai...Reuters
Wed, Nov 26
