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Fed's Hammack says restrictive monetary policy needed to cool inflation
Fed policy should still target high inflation, Hammack saysCleveland Fed chief says monetary policy barely restraining economyHammack shrugs off worries about weaker dollar By Michael S. Derby NEW YORK, Nov 13 (Reuters) - Cleveland Federal Reserve President Beth Hammack said on Thursday monetary ...Reuters
Thu, Nov 13
USD/JPY slips as Greenback weakens, Fed rate cut bets hinge on delayed US data
The Japanese Yen (JPY) strengthens against the US Dollar (USD) on Thursday, with USD/JPY snapping a four-day winning streak as the Greenback extends its recent slide. At the time of writing, the pair is trading near 154.35, hovering just below the nine-month high of 155.05 reached on Wednesday.
Fxstreet
Thu, Nov 13
Fed's Hammack shrugs off concerns over weakening dollar
NEW YORK, Nov 13 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said on Thursday that while the dollar does not actively figure in central bank deliberations, the weakening that the greenback has seen this year does not appear to be concerning.“I think there's been a lot th...Reuters
Thu, Nov 13
SNB's Tschudin: We want to keep inflation between 0-2%
GENEVA, Nov 13 (Reuters) - The Swiss National Bank aims to keep inflation in a target range of between 0 and 2%, governing board member Petra Tschudin said on Thursday, reiterating earlier statements. "I want to keep inflation between 0 and 2%," she said at a banking event in Geneva.Reuters
Thu, Nov 13
US October employment report will not include jobless rate, Hassett says
WASHINGTON, Nov 13 (Reuters) - White House economic adviser Kevin Hassett said on Thursday the government would release the closely watched employment report for October, but without the jobless rate after a weeks-long federal government shutdown."The household survey wasn't conducted in...Reuters
Thu, Nov 13
AUD/USD Price Forecast: Stalls below 50-day SMA as buyers struggle to extend gains
The Australian Dollar (AUD) eases slightly against the US Dollar (USD) on Thursday, reversing most of the early advance after briefly climbing to a two-week high on the back of stronger-than-expected employment data.
Fxstreet
Thu, Nov 13
GBP/USD rises towards 1.3200 as US reopening weigh on USD, BoE cut bets mount
The Pound Sterling advances on broad US Dollar weakness amid the US government's reopening, which would unveil a tranche of economic data for traders and the Federal Reserve. The GBP/USD trades at a two-day high of 1.3194, up 0.46%.
Fxstreet
Thu, Nov 13
FOREX-US dollar dips as government reopens after record shutdown
Dollar dips as risk appetite improves post-shutdownFed divided on rate cuts amid high inflationYen weakness prompts BOJ rate hike speculationBy Karen Brettell NEW YORK, Nov 13 (Reuters) - The U.S. dollar dipped on Thursday on improving risk appetite after the U.S. federal government reopened from...Reuters
Thu, Nov 13
Euro loses traction against Pound after weak Eurozone Industrial Production
The Euro (EUR) is easing slightly against the British Pound (GBP) on Thursday after earlier climbing to a fresh year-to-date high of 0.8843. At the time of writing, EUR/GBP is trading around 0.8826, snapping a two-day winning streak as traders reacted to disappointing Eurozone data.
Fxstreet
Thu, Nov 13
US economic data will not include jobless rate for October, Hassett says
WASHINGTON, Nov 13 (Reuters) - Data on the U.S. unemployment rate for October may never be available after the weeks-long federal government shutdown, White House economic Adviser Kevin Hassett said on Thursday as federal workers returned to work. "The household survey wasn't conducted in Oc...Reuters
Thu, Nov 13
White House to make housing recommendations within months, Hassett says
WASHINGTON, Nov 13 (Reuters) - White House economic adviser Kevin Hassett on Thursday said the Trump administration is weighing steps to address housing affordability, with advisers set to make recommendations "in the next few weeks to months.""The 50-year mortgage is something that'...Reuters
Thu, Nov 13
GBP buoyed by broader developments – Scotiabank
The Pound Sterling (GBP) is up 0.2% against the US Dollar (USD), a mid-performer among the G10 in an environment of broad-based USD weakness driven by sentiment, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Thu, Nov 13
CAD edges fractionally higher – Scotiabank
The Canadian Dollar (CAD) continues to lean quite hard on the 1.40 zone but, even with the USD slipping broadly on the day, cannot secure a clear push under the figure zone, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Thu, Nov 13
NZD/USD stabilises as New Zealand labour market concerns grow, Fed rate cuts eyed
NZD/USD trades around 0.5660 on Thursday at the time of writing, virtually unchanged on the day, after failing to extend its three-day winning streak. The pair edges lower, weighed down by the softness of the New Zealand Dollar (NZD) amid rising concerns about the country’s labour market.
Fxstreet
Thu, Nov 13
