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EUR/USD climbs as Fed rate cut expectations pressure US Dollar
EUR/USD posts modest gains on Wednesday as the last monetary policy meeting by the Fed, looms with investors seem confident that the central bank will reduce rates. Consequently, the Greenback is pressured as seen by the pair which trades at 1.1658 up 0.27%.Fxstreet
Wed, Dec 10
CANADA FX DEBT-Canadian dollar edges higher as BoC moves to the sidelines
Loonie gains 0.1% against the U.S. dollarBoC leaves its policy rate on hold at 2.25%Price of oil decreases 0.2% Canadian bond yields ease across the curveBy Fergal Smith TORONTO, Dec 10 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Wednesday but the move was limited...Reuters
Wed, Dec 10
FOREX-US dollar retreats amid overall caution ahead of Fed decision
Markets brace for a Fed hawkish rate cutBOJ is expected to hike in December, but fiscal policy in focusEuro supported by a more hawkish rate outlookBank of Canada holds rates steadyBy Stefano Rebaudo and Gertrude Chavez-Dreyfuss MILAN/NEW YORK, Dec 10 (Reuters) - The U.S. dollar weakened on W...Reuters
Wed, Dec 10
GBP/USD firms as dovish repricing for Fed and BoE boosts upside momentum
Sterling advances during the North American session as the US Dollar weakens on expectation that the Federal Reserve will cut rates, later in the day. At the time of writing, the GBP/USD trades at 1.3336 after bouncing off daily lows of 1.3288.
Fxstreet
Wed, Dec 10
EUR/GBP declines as central bank divergence keeps the cross range bound
The Euro (EUR) edges lower against the British Pound (GBP) on Wednesday, with EUR/GBP oscillating within its familiar one-week range as caution dominates broader FX markets ahead of the Federal Reserve’s (Fed) interest rate decision later in the day.
Fxstreet
Wed, Dec 10
CAD steady ahead of BoC decision and Macklem remarks – Scotiabank
The Canadian Dollar (CAD) is little changed. The Bank of Canada (BoC) policy decision is a statement only affair today at 9.45ET, with Gov. Macklem speaking 45 minutes later to finesse messaging, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Wed, Dec 10
USD/CHF extends losses with traders awaiting Fed cut and Powell guidance
The Swiss Franc (CHF) trades slightly firmer against the US Dollar (USD) on Wednesday, with USD/CHF extending losses for a second consecutive day as the Greenback stays on the back foot ahead of the Federal Reserve’s (Fed) interest rate decision at 19:00 GMT.Fxstreet
Wed, Dec 10
FOREX-US dollar edges down vs euro and yen before Fed policy meeting
Markets brace for a Fed hawkish rate cutBOJ is expected to hike in December, but fiscal policy in focusEuro supported by a more hawkish rate outlookBy Stefano Rebaudo Dec 10 (Reuters) - The U.S. dollar edged down versus the euro and the yen on Wednesday as investors awaited the Federal Reserve po...Reuters
Wed, Dec 10
Sterling edges up vs dollar, flat versus euro, Fed in focus
By Stefano Rebaudo Dec 10 (Reuters) - Sterling edged up against the dollar and was roughly unchanged versus the euro as investors braced for the Federal Reserve policy meeting outcome due later in the session and data on British economic growth on Friday.The greenback slipped against the euro and...Reuters
Wed, Dec 10
USD/CAD holds above 1.3800 ahead of Fed decision – BBH
USD/CAD trades firmer above key support at 1.3800 as markets await the Fed’s decision, while the Bank of Canada is widely expected to hold rates at 2.25%, with swaps pricing a potential 25bps hike over the next year supporting the Canadian Dollar (CAD), BBH FX analysts report.Fxstreet
Wed, Dec 10
