News
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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
REFILE-INSTANT VIEW-Pound, 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
INSTANT VIEW-Pound, UK bond prices briefly 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
UK budget tax measures to raise extra 26 billion pounds, OBR says
LONDON, Nov 26 (Reuters) - Tax rises due to be announced by finance minister Rachel Reeves in her budget later on Wednesday will raise an extra 26.1 billion pounds ($34.4 billion) a year in tax by 2029/30, according to an estimate published by the Office for Budget Responsibility.The OBR estimates, ...Reuters
Wed, Nov 26
INSTANT VIEW-Pound, UK bond prices briefly 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
Sterling steady ahead of Britain's long-awaited budget
By Ozan Ergenay LONDON, Nov 26 (Reuters) - Sterling was steady against the dollar early on Wednesday as wary investors awaited what is expected to be a tax-heavy budget from British finance minister Rachel Reeves, with her speech due to start at around 1230 GMT. Reeves is expected to raise tens ...Reuters
Wed, Nov 26
Euro zone banks should prepare for risk of dollar squeeze, ECB says
ECB warns of risks from Trump's tariffs on dollar stabilityDe Guindos downplays risk of Fed shutting emergency liquidity lineECB highlights reliance on repos and FX swaps for dollar liquidityEuro zone banks hold 681 billion euros in dollar securities FRANKFURT, Nov 26 (Reuters) - Euro zone le...Reuters
Wed, Nov 26
RPT-ROI-Budget wary UK markets get Transatlantic balm: Mike Dolan
By Mike Dolan LONDON, Nov 26 (Reuters) - Britain's anxious budget process reaches its climax on Wednesday when Finance Minister Rachel Reeves releases her long-awaited plans. Yet a rallying U.S. bond market is quietly offering the UK a cushion.After months of hand-wringing about how Reeves wi...Reuters
Wed, Nov 26
