News
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ECB’s Lagarde: Remains open to adjusting monetary policy if inflation deviates
European Central Bank (ECB) President Christine Lagarde said at 35th European Banking Congress event in Frankfurt on Friday that the central bank will remain vigilant to inflation risks and will adjust interest rates, if needed, to keep inflation at 2% target.
Fxstreet
Fri, Nov 21
EU can beat Trump's tariffs with domestic trade, ECB's Lagarde says
FRANKFURT, Nov 21 (Reuters) - The European Union can offset the impact of U.S. trade tariffs if it knocks down some of its internal barriers, European Central Bank President Christine Lagarde said on Friday.Lagarde said the EU's export-oriented economic model has been upended by a protectionist ...Reuters
Fri, Nov 21
USD/CAD Price Forecast: Hovers around 1.4100 as bullish bias persists
USD/CAD edges lower after two days of gains, trading around 1.4090 during the early European hours on Friday. The daily chart’s technical setup reflects a persistent bullish bias, with the pair remaining within its ascending channel pattern.
Fxstreet
Fri, Nov 21
Japan ramps up warning of yen intervention, chance of near-term rate hike
Tokyo ready to take action based on US-Japan finance agreementFinance minister says FX intervention a possibilityAnalysts see 160 yen per dollar as intervention thresholdBOJ will debate 'feasibility, timing' of rate hike, Ueda saysRemarks keep alive chance of BOJ rate hike in DecemberBy Leik...Reuters
Fri, Nov 21
Thai government says stimulus will lift GDP in Q4 but strong baht remains a concern
By Thanadech Staporncharnchai and Orathai Sriring BANGKOK, Nov 21 (Reuters) - Thailand's economic stability is underpinned by strong financial and fiscal fundamentals, and government stimulus measures will give growth a boost in the final quarter of 2025, the finance minister said on Friday. ...Reuters
Fri, Nov 21
Japan's cabinet approves lavish stimulus as markets fret over Takaichi's fiscal policy
By Makiko Yamazaki TOKYO, Nov 21 (Reuters) - Japanese Prime Minister Sanae Takaichi's cabinet approved a 21.3 trillion yen ($135.40 billion) economic stimulus package on Friday, marking the first major policy initiative under the new leader, who has pledged to pursue expansionary fiscal measu...Reuters
Fri, Nov 21
FOREX-Traders on alert to yen intervention, dollar set for weekly gain
Yen pinned near 10-month low, down more than 1% for the weekTakaichi's cabinet approves 21.3 trillion yen stimulus packageEasing December Fed cut bets keeps dollar supportedBy Rae Wee SINGAPORE, Nov 21 (Reuters) - The yen languished near a 10-month low on Friday but found some support as Japa...Reuters
Fri, Nov 21
GBP/USD Price Forecast: Holds gains near 1.3100, but bearish momentum persists below 100-day EMA
The GBP/USD pair strengthens to around 1.3090 during the early European session on Friday. Nonetheless, the potential upside for the major pair might be limited amid growing expectations of the Bank of England (BoE) rate cut at its next monetary policy meeting in December.Fxstreet
Fri, Nov 21
Risk-on investors turn to Uganda to 'squeeze the last drop' out of frontier markets
Uganda attracts record offshore investment into domestic debt Diverse investor base looks to frontiers for yieldHot money raises risk of quick outflowsGhana, Zambia and Dominican Republic attractive, banks sayBy Libby George and Colleen Goko LONDON/JOHANNESBURG, Nov 21 (Reuters) - Uganda - a land...Reuters
Fri, Nov 21
EUR/GBP softens to near 0.8800 ahead of UK Retail Sales, PMI releases
The EUR/GBP cross trades in negative territory around 0.8815 during the early European session on Friday. The Pound Sterling (GBP) edges higher against the Euro (EUR) despite growing expectations of a Bank of England (BoE) rate cut at its next monetary policy meeting in December.
Fxstreet
Fri, Nov 21
