News
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Brazil November current account gap in line with forecasts
BRASILIA, Dec 19 (Reuters) - Brazil's current account deficit reached $4.943 billion in November, central bank data showed on Friday, in line with the $4.95 billion shortfall forecast by economists polled by Reuters.The country attracted $9.82 billion in foreign direct investment (FDI) in the mo...Reuters
Fri, Dec 19
Yen creeps closer to intervention zone after BOJ rate decision
SINGAPORE/LONDON, Dec 19 (Reuters) - The yen fell sharply on Friday as traders drove it towards levels that could trigger official buying after the Bank of Japan raised rates but did not offer much of a hint over future hikes.
Reuters
Fri, Dec 19
Zambia's 2053 dollar bond slides on worries higher payout might not trigger
LONDON, Dec 19 (Reuters) - Zambia's 2053 dollar bond slid more than 1.5 cents on Friday, Tradeweb data showed, after a report from the International Monetary Fund flagged concerns the country might not hit targets needed to trigger a higher payout for bondholders. The declines, leaving the bond...Reuters
Fri, Dec 19
GBP: BoE delivers final cut of the year – Commerzbank
The Bank of England’s (BoE) 25bp rate cut to 3.75% came with a cautious message, limiting dovish surprise and offering modest support to sterling despite slowing growth and still-elevated inflation, Commerzbank's FX analyst Norman Liebke notes.
Fxstreet
Fri, Dec 19
Russia's Putin says cooling of economy in 2025 is a 'conscious' decision
MOSCOW, Dec 19 (Reuters) - An economic slowdown in Russia this year to 1% growth from 4.3% in 2024 was the result of conscious actions by the central bank to bring down the inflation rate, President Vladimir Putin said on Friday. Putin told his annual press conference that, as a result of these acti...Reuters
Fri, Dec 19
JPY: BoJ hikes, Yen shrugs – Commerzbank
The Bank of Japan (BoJ) raised rates to a 30-year high and signaled further hikes, but the yen weakened as markets judged the tightening path too slow to drive a near-term Japanese Yen (JPY) rebound, Commerzbank's FX analyst Volkmar Baur notes.Fxstreet
Fri, Dec 19
Bank of Japan raises rates to 30-year high, signals more hikes
BOJ raises policy rate to 0.75% from 0.5% as widely expectedBOJ says it will keep raising rates if forecasts materialiseHawkish board members dissent from BOJ's view on price outlookUeda offers few hints on pace, extent of further rate hikesBy Leika Kihara and Makiko Yamazaki TOKYO, Dec 19 (R...Reuters
Fri, Dec 19
USD/JPY pulls back after 157.90 rejection – Société Générale
USD/JPY has retreated from strong resistance near 157.90 but remains supported above the 50-day moving average, with near-term price action likely to stay rangebound unless a clear break above 156.95 triggers renewed upside momentum, Société Générale's FX analysts note.Fxstreet
Fri, Dec 19
Sterling hits 17-year high against yen as traders overlook rate divergence
Sterling steady against euro, dollar after BoE rate cutBoJ rate hike prompts yen sell-off, boosting poundBoE's cautious stance on further rate cuts amid high inflationBy Amanda Cooper LONDON, Dec 19 (Reuters) - The pound held steady against the euro and the dollar on Friday, after the Bank of...Reuters
Fri, Dec 19
EXPLAINER-Venezuela's billions in distressed debt: who is in line to collect
Investors speculate on recovery values amid political and economic instabilityU.S. sanctions, lack of IMF involvement, among restructuring obstaclesVenezuela's economy faces shrinking oil revenues and rising inflationPolitical change could unlock debt restructuring talks, investors betBy Rodrigo...Reuters
Fri, Dec 19
USD/JPY rallies to near 157.00 as Yen plunges after BoJ’s policy outcome
The USD/JPY is up 0.85% to near 156.90 during the European trading session on Friday. The pair surges as the Japanese Yen (JPY) underperforms across the board, following the Bank of Japan (BoJ) monetary policy announcement.Fxstreet
Fri, Dec 19
Pound Sterling faces selling pressure as UK Retail Sales unexpectedly drop
The Pound Sterling (GBP) faces mild selling pressure against its major peers in Friday's early European session after data from the United Kingdom (UK) showed that Retail Sales unexpectedly declined in November.Fxstreet
Fri, Dec 19
FOREX-Yen falls after BOJ raises rates, stays vague on tightening path
BOJ raises rates as expected, Ueda's speech offers few hintsYen falls broadly, hits record low against euroEuro under pressure on lack of ECB outlookBoE cut much closer run than market expected; sterling steadyBy Tom Westbrook SINGAPORE, Dec 19 (Reuters) - The yen weakened in volatile trade o...Reuters
Fri, Dec 19
ANALYSIS-Debt boom signals yuan's arrival as a funding currency
Dim Sum bond sales hit record; overseas yuan loans soarBankers see robust demand from issuers and investorsChina seeks to build dollar alternative - strategistBy Jiaxing Li HONG KONG, Dec 19 (Reuters) - Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas...Reuters
Fri, Dec 19
QUOTES-BOJ Governor Ueda's comments at news conference
Dec 19 (Reuters) - The Bank of Japan has raised its interest rates on Friday to levels unseen in three decades and signalled readiness for further hikes, taking another landmark step in ending decades of huge monetary support and near-zero borrowing costs.In a widely expected move, the BOJ raised sh...Reuters
Fri, Dec 19
