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NZ central bank cuts cash rate by 25 bps to 2.25%
By Lucy Craymer AUCKLAND, Nov 26 (Reuters) - New Zealand's central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022, as policymakers extended their efforts to revive a struggling economy and mitigate global headwinds. The deci...Reuters
6 hours ago
GBP/JPY Price Forecast: Consolidates below 205.50 amid Yen gains
GBP/JPY consolidates during Tuesday’s session as the Japanese Yen (JPY) appreciates on threats of possible intervention of the BoJ in the FX markets, and also as Pound Sterling traders wait for the release of UK’s fiscal budget. At the time of writing, the cross trades at 205.44, losing 0.08%.
Fxstreet
8 hours ago
UK's Reeves to test faith of investors and party with tax-heavy budget
Reeves likely to announce 20-30 bln pounds of tax hikesShe promises "fair and necessary choices"Investors want to see credible measures on public financesLabour lawmakers are demanding more welfare spendingReeves expected to start speech at 1230 GMTBy William Schomberg LONDON, Nov 25 (Reu...Reuters
9 hours ago
Euro strengthens on softer US figures, dovish repricing intensifies
EUR/USD registers solid gains of over 0.51% on Tuesday, boosted by a weaker US Dollar, as data reinforced traders’ speculation that the Federal Reserve might reduce rates at the December meeting. At the time of writing, the pair trades at 1.1579, getting close to the 1.1600 figure.
Fxstreet
10 hours ago
FOREX-US dollar slumps as data backs Fed rate cut view; traders on yen alert
Rate-cut wagers rise after dovish comments from policymakersDollar wobbles but holds ground on shifting expectations US retail sales miss forecast, producer prices riseUS consumer confidence dips in NovemberYen locked in on intervention zone, traders keep wary eyes By Gertrude Chavez-Dreyfuss NEW...Reuters
10 hours ago
Australia CPI expected to move further away from RBA's goal
Australia will release the first complete Monthly Consumer Price Index (CPI) on Wednesday, using the October 2025 reference month, and it is expected to show inflation rose 3.6% year over year, slightly above the previous reading of 3.5%.
Fxstreet
11 hours ago
CANADA FX DEBT-Canadian dollar steadies for second day as oil prices fall
Loonie trades in a range of 1.4090 to 1.4124Price of oil falls 1.8%Wholesale trade declines 0.1% in October10-year yield touches a near two-week lowBy Fergal Smith TORONTO, Nov 25 (Reuters) - The Canadian dollar steadied for a second straight day against its U.S. counterpart on Tuesday as lower o...Reuters
12 hours ago
USD/CHF holds steady amid US Dollar decline, Swiss Franc softening
USD/CHF holds near 0.8080 on Tuesday at the time of writing, with the pair showing little direction with simultaneous weakness in both the US Dollar (USD) and the Swiss Franc (CHF). Pressure on both currencies is offsetting itself, keeping the pair confined to a narrow range.
Fxstreet
13 hours ago
FOREX-US dollar weakens as data backs Fed rate cut view; yen watch continues
Rate-cut wagers rise after dovish comments from policymakersDollar wobbles but holds ground on shifting expectations US retail sales miss forecast, producer prices riseUS consumer confidence dips in NovemberYen locked in on intervention zone, traders keep wary eyes By Gertrude Chavez-Dreyfuss and Oz...Reuters
15 hours ago
AUD/USD dips as Australian CPI awaited, USD pressured by Fed rate cut expectations
AUD/USD trades around 0.6450 on Tuesday, down 0.30% on the day at the time of writing. The pair pulls back after two consecutive days of gains as traders adopt a more cautious tone ahead of Wednesday’s release of Australia’s fully expanded Consumer Price Index (CPI).Fxstreet
15 hours ago
GBP/USD strengthens as US data erodes Dollar support
GBP/USD advances some 0.59% on Tuesday due to broad US Dollar weakness amid a scarce economic docket in the UK with investors awaiting the release of the UK Autumn budget. The pair trades at 1.3181, closing in the 1.3200 milestone.
Fxstreet
15 hours ago
TIMELINE-Senegal's hidden debt crisis and attempts to resolve it
DAKAR, Nov 25 (Reuters) - Senegal's finances have been thrown into crisis with the discovery last year of billions of dollars in debt hidden under the previous administration. Following is a timeline of how the West African country's debt woes unfolded and efforts to address them: ...Reuters
16 hours ago
JPY leads G10 as BoJ hike bets reignite – Scotiabank
The Japanese Yen (JPY) is outperforming all G10 currencies as markets revive expectations of a December BoJ rate hike, driven by domestic pressures and growing calls to tackle inflation, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
16 hours ago
GBP edges higher ahead of UK budget – Scotiabank
The Pound Sterling (GBP) is slightly stronger as traders await Wednesday’s UK budget, with much pessimism already priced in and rising odds of a near-term relief rally, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
17 hours ago
Nigeria's central bank holds key rate, wants inflation to fall further
Monetary Policy Rate stays at 27%Economists had predicted another rate cutAnalysts say lower deposit rate signals confidenceBank wants to see inflation fall to single digitsBy Elisha Bala-Gbogbo and Chijioke Ohuocha ABUJA, Nov 25 (Reuters) - Nigeria's central bank left its main interest rate ...Reuters
17 hours ago
EUR/USD climbs to five-day highs as soft US data pressures the Dollar
The Euro (EUR) strengthens against the US Dollar (USD) on Tuesday as the Greenback retreats after a batch of softer-than-expected US economic data weighed on sentiment, helping the Euro stage a sharp rebound to five-day highs.Fxstreet
17 hours ago
EUR consolidates in lower 1.15s – Scotiabank
The Euro (EUR) is entering Tuesday’s NA session with a modest 0.1% gain as it continues to trade within a tight consolidation range just above last week’s low around 1.15, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
17 hours ago
