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Mexico's central bank cuts interest rate despite core inflation concerns
By Brendan O'Boyle and Emily GreenMEXICO CITY, Sept 25 (Reuters) - The Bank of Mexico cut its benchmark interest rate to its lowest level since May 2022 on Thursday and indicated it would consider further easing at future meetings, amid ongoing concerns about global trade tensions and sluggish e...Reuters
Thu, Sep 25
FOREX-Dollar rises against peers after US economic data
US GDP data stronger than expectedDollar index rises to two-week highEuro drops to two-week low against dollarSwiss franc falls after SNB leaves rates unchangedBy Chibuike Oguh NEW YORK, Sept 25 (Reuters) - The dollar strengthened against major peers including the euro and yen on Thursday followi...Reuters
Thu, Sep 25
Bank of Mexico lowers benchmark interest rate to 7.50%
MEXICO CITY, Sept 25 (Reuters) - The Bank of Mexico lowered its benchmark interest rate by 25 basis points on Thursday, bringing the rate to 7.50%.The decision by the central bank's five-member governing board was not unanimous, the bank said in a statement announcing the rate decision, with dep...Reuters
Thu, Sep 25
Banxico cuts rates 25 bps to 7.50% as expected, further easing eyed
The Bank of Mexico reduced its main reference rates by 25 basis points as expected, to 7.50% with not an unanimous decision, with a 4 to 1 vote split, with Deputy Governor Jonathan Heath, once against voting to hold rates unchanged. developing story, more to come ...
Fxstreet
Thu, Sep 25
CANADA FX DEBT-Canadian dollar hits a four-month low as US data lifts the greenback
Canadian dollar falls 0.3% against the greenbackTouches its weakest since May 20 at 1.3943U.S. dollar rises against a basket of major currenciesCanadian 10-year yield touches a two-week highBy Fergal Smith TORONTO, Sept 25 (Reuters) - The Canadian dollar weakened to a four-month low against its U...Reuters
Thu, Sep 25
Kucoin Appeals Fintrac Decision,Reaffirms Commitment To Compliance
Sept 25 (Reuters) - KUCOIN KUCOIN:APPEALS FINTRAC DECISION, REAFFIRMS COMMITMENT TO COMPLIANCEKUCOIN: MAINTAINS THAT IT SHOULD NOT BE CLASSIFIED AS FOREIGN MONEY SERVICES BUSINESS UNDER CANADIAN LAW, CONSIDERS FINE TO BE EXCESSIVE AND PUNITIVEReuters
Thu, Sep 25
Global debt hits record of nearly $338 trillion, says IIF
Global debt hit record high of $337.7 trillion at end of Q2China, France, US, Germany, UK and Japan record largest increases in debt levels in USD terms - IIFEM debt increases by $3.4 trillionBy Canan Sevgili LONDON, Sept 25 (Reuters) - Global debt hit a record high of $337.7 trillion at the end ...Reuters
Thu, Sep 25
REFILE-FOREX-Dollar gains against peers after US economic data
US GDP data stronger than expectedDollar index rises to two-week highEuro drops to two-week low against dollarSwiss franc falls after SNB leaves rates unchangedBy Chibuike Oguh NEW YORK, Sept 25 (Reuters) - The dollar gained against peers including the euro and yen on Thursday on news that the U....Reuters
Thu, Sep 25
GBP/JPY slips as UK fiscal concerns weigh, BoJ hike bets firm
The Pound Sterling losses ground versus the Japanese Yen on Thursday as the cross-pair reversed its course from around weekly highs of 200.34, weighed by investors growing concerns about Britain finances. The GBP/JPY trades at 199.72, down 0.27%.
Fxstreet
Thu, Sep 25
GBP/USD falls to three-week low as strong US data boosts Dollar
The British Pound (GBP) loses ground against the US Dollar (USD) on Thursday, with GBP/USD slipping below the 1.3400 psychological mark as a wave of stronger-than-expected US economic data revives demand for the Greenback.
Fxstreet
Thu, Sep 25
Global debt hits record of nearly $338 trillion, says IIF
By Canan Sevgili LONDON, Sept 25 (Reuters) - Global debt hit a record high of $337.7 trillion at the end of the second quarter, driven by easing global financial conditions, a softer U.S. dollar and a more accommodative stance from major central banks, a quarterly report showed on Thursday.The In...Reuters
Thu, Sep 25
Pop Culture Group Plans To Accumulate 1,000 Bitcoin Over The Course Of Next Year
Sept 25 (Reuters) - Pop Culture Group Co Ltd CPOP.O:POP CULTURE GROUP CO LTD - CPFH PLANS TO ACCUMULATE 1,000 BITCOIN OVER THE COURSE OF THE NEXT YEARPOP CULTURE GROUP CO LTD - INITIATIVE AIMS TO ESTABLISH $100 MILLION 'CRYPTO POP FUND'Reuters
Thu, Sep 25
Swiss National Bank keeps interest rate at zero, sees tariff hit to economy
SNB says Trump tariffs will hit Swiss economyCentral bank holds rates for first time in seven meetingsInflation has recently crept back into target rangeSNB chairman says prepared to cut rates again if neededBy John Revill ZURICH, Sept 25 (Reuters) - The Swiss National Bank held its benchmark int...Reuters
Thu, Sep 25
FOREX-Swiss franc steady as SNB holds rate at zero, traders await US data
Swiss National Bank keeps rate unchangedInvestor focus on US GDP, inflation data By Joice Alves LONDON, Sept 25 (Reuters) - The Swiss franc was little changed against the dollar on Thursday as the Swiss National Bank kept the interest rate at zero, as expected, while the greenback was also steady...Reuters
Thu, Sep 25
