News
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Swiss National Bank's Tschudin says current interest rates are appropriate
ZURICH, Nov 4 (Reuters) - Swiss interest rates are where the Swiss National Bank wants them to be, governing board member Petra Tschudin told Swiss broadcaster TeleZueri in an interview to be broadcast on Tuesday."We always use monetary policy in such a way that we can fulfil our mandate of ensu...Reuters
Tue, Nov 4
FOREX-Dollar stands tall at 3-month high as traders pare rate cut wagers
Aussie wobbles after RBA stands pat, warns on inflationDivided Fed in absence of data spurs easing rate-cut bets Yen frail near 154/dollar, investors wary of intervention risks Euro at three-month low, pound near five-month low By Ankur Banerjee SINGAPORE, Nov 4 (Reuters) - The dollar hovered nea...Reuters
Tue, Nov 4
Japan yet to achieve durable, wage-driven inflation, PM Takaichi says
Takaichi says hopes BOJ guides policy to stably hit price goalGovt will 'strategically' deploy spending to prop up economyRemarks may affect BOJ's decision on how soon to raise ratesGovernor Ueda scheduled to speak in Nagoya on December 1BOJ's next policy meeting on December 18-19By ...Reuters
Tue, Nov 4
USD/INR declines on possible RBI’s intervention into local spot market
The Indian Rupee (INR) jumps to near 88.50 in the opening session against the US Dollar (USD) on Tuesday. The USD/INR pair faces a sharp selling pressure as the Indian Rupee strengthens on hopes that the Reserve Bank of India (RBI) has intervened in the currency market to support the Indian Rupee.Fxstreet
Tue, Nov 4
Australia's central bank holds rates steady, might be done easing
RBA cautious on easing due to inflation revivalGovernor Bullock says possible no more rate cutsMarket sees low chance of rate cut before May 2026By Stella Qiu and Wayne Cole SYDNEY, Nov 4 (Reuters) - Australia's central bank on Tuesday left its cash rate steady as expected at 3.60%, saying it...Reuters
Tue, Nov 4
AUD/JPY faces selling pressure as RBA keeps interest rates steady at 3.6%, as expected
The AUD/JPY pair slumps to near 100.40 during the Asian trading session on Tuesday as the Reserve Bank of Australia (RBA) has held its Official Cash Rate (OCR) steady at 3.6%. This is the second straight meeting when the RBA has maintained a status quo.
Fxstreet
Tue, Nov 4
USD/CHF climbs to over two-month high; bulls await move beyond 0.8100 amid firmer USD
The USD/CHF pair attracts buyers for the fifth consecutive day and climbs to its highest level since August 22 during the Asian session on Tuesday. The momentum lifts spot prices to the 0.8100 neighborhood and is sponsored by sustained US Dollar (USD) buying.
Fxstreet
Tue, Nov 4
Japan yet to sustainably hit BOJ's price target, PM Takaichi says
TOKYO, Nov 4 (Reuters) - Japanese Prime Minister Sanae Takaichi said on Tuesday the country has yet to sustainably achieve the central bank's 2% inflation target accompanied by wage gains."I hope the Bank of Japan conducts appropriate monetary policy towards sustainably and stably achieving ...Reuters
Tue, Nov 4
AUD/NZD sticks to gains near its highest level since September 2022, eyes 1.1500 after RBA
The AUD/NZD cross retreats a few pips from the vicinity of the 1.1500 mark, or the highest level since September 2022, touched during the Asian session, after the Reserve Bank of Australia (RBA) announced its policy decision.
Fxstreet
Tue, Nov 4
Australian dollar dips as RBA plays a steady bat on rates
By Wayne Cole SYDNEY, Nov 4 (Reuters) - The Australian dollar remained under water on Tuesday after the country's central bank held interest rates steady as expected, while offering scant guidance on the chance of further easing down the track.The Reserve Bank of Australia kept its cash rate ...Reuters
Tue, Nov 4
USD/CAD gains ground above 1.4050 amid US Dollar strength, lower crude oil prices
The USD/CAD pair gains ground to near 1.4070 during the Asian trading hours on Tuesday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) as traders dial back bets for further Federal Reserve (Fed) rate cuts.
Fxstreet
Tue, Nov 4
FOREX-Dollar at 3-month high as traders pare near-term rate cut wagers
Aussie wobbles after RBA stands pat, warns on inflationDivided Fed in absence of data spurs easing rate-cut bets Yen frail near 154/dollar, investors wary of intervention risks Euro at three-month low, pound near five-month low By Ankur Banerjee SINGAPORE, Nov 4 (Reuters) - The dollar hovered nea...Reuters
Tue, Nov 4
Australia's central bank holds rates at 3.60%, signals caution
SYDNEY, Nov 4 (Reuters) - Australia's central bank on Tuesday left its cash rate steady as expected at 3.60%, saying it was cautious about easing further given higher core inflation, firmer consumer demand and a revival in the housing market.Wrapping up a two-day policy meeting, the Reserve Bank...Reuters
Tue, Nov 4
Japan continues to monitor FX with high urgency, finance minister says
By Makiko Yamazaki TOKYO, Nov 4 (Reuters) - Japan Finance Minister Satsuki Katayama reiterated on Tuesday the government would continue to monitor foreign exchange movements with a high sense of urgency as the yen hit fresh eight-month lows."At the previous press conference (on Friday), I str...Reuters
Tue, Nov 4
India Morning Newsletter, November 4
(India Morning Newsletter will not be published on Wednesday, November 5, on account of the Prakash Gurpurb Sri Guru Nanak Dev holiday) To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at:https://solutions.lseg.com/M...Reuters
Tue, Nov 4
EUR/USD falls to near 1.1500 despite cautious ECB policy outlook
EUR/USD extends its losing streak for the fifth successive session, trading around 1.1510 during the Asian hours on Tuesday. The pair depreciates as the US Dollar (USD) gains support amid cautious sentiment over the US Federal Reserve (Fed) policy stance for December.
Fxstreet
Tue, Nov 4
