News
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EBRD raises Turkey 2025 growth forecast, flags political, market risks
By Canan Sevgili and Libby George LONDON, Sept 25 (Reuters) - The European Bank for Reconstruction and Development has raised its 2025 growth forecast for Turkey but warned that political tensions, volatile investor sentiment and tighter global financing conditions continue to pose significant ri...Reuters
Thu, Sep 25
EUR/JPY Price Forecast: Hovers near ascending channel’s upper boundary at 175.00
EUR/JPY halts its three-day winning streak, trading around 174.70 during the Asian hours on Thursday. The currency cross holds losses ahead of the German GfK Consumer Confidence Survey due later in the day.
Fxstreet
Thu, Sep 25
GBP/USD edges higher above 1.3450 as traders await Fedspeak, key US data
The GBP/USD pair recovers some lost ground to around 1.3460 during the Asian trading hours on Thursday. The US Dollar (USD) weakens against the Pound Sterling (GBP) as traders await more cues from the Fedspeak later on Tuesday.
Fxstreet
Thu, Sep 25
EUR/USD gains near 1.1750 ahead of German GfK Consumer Confidence Survey, Fedspeak
EUR/USD rebounds after registering more than 0.5% losses in the previous session, trading around 1.1750 during the Asian hours on Thursday. The pair holds ground ahead of the German GfK Consumer Confidence Survey due later in the day.
Fxstreet
Thu, Sep 25
South Korea is committed to concluding US tariff deal, says its industry minister
SEOUL, Sept 25 (Reuters) - South Korea's industry minister said on Thursday the country remains committed to successfully concluding a deal with Washington on tariff cuts that involve a large-scale investment by South Korea in the U.S. The two sides are working to reconcile disagreements on the ...Reuters
Thu, Sep 25
Japanese Yen strengthens on hawkish BoJ Minutes, lacks follow-through
The Japanese Yen (JPY) strengthened during the Asian session on Thursday following the release of the Bank of Japan's (BoJ) July meeting Minutes, which revealed that the central bank expects to keep hiking if inflation and the economy move as estimated.
Fxstreet
Thu, Sep 25
USD/CAD holds losses below 1.3900 ahead of US Q2 GDP Annualized
USD/CAD halts its three-day winning streak, trading around 1.3890 during the Asian hours on Thursday. The pair loses ground as the US Dollar (USD) corrects downwards after registering more than 0.5% gains in the previous session.
Fxstreet
Thu, Sep 25
Australia, NZ dollars steady, market scales back RBA easing
By Wayne Cole SYDNEY, Sept 25 (Reuters) - The Australian and New Zealand dollars steadied on Thursday as a rally in their U.S. counterpart petered out and investors scaled back expectations for Aussie rate cuts in the wake of a high inflation reading.Markets had already seen scant prospect of the...Reuters
Thu, Sep 25
Australian Dollar pares recent losses due to technical correction
The Australian Dollar (AUD) advances against the US Dollar (USD) on Thursday, recovering recent losses from the previous session. The AUD/USD pair gains ground as the Greenback remains steady ahead of the US Gross Domestic Product (GDP) for the second quarter (Q2) due later in the day.
Fxstreet
Thu, Sep 25
NZD/USD extends downside to near 0.5800 as Fed’s Powell signals caution on rate cuts
The NZD/USD pair remains on the defensive around 0.5815 during the early Asian session on Thursday. Federal Reserve (Fed) Chair Jerome Powell struck a cautious tone on further easing on Tuesday, supporting the US Dollar (USD).
Fxstreet
Thu, Sep 25
FOREX-Dollar stays strong as Fed rate cut wagers wobble, data in focus
Investor focus on US GDP, inflation data Cautious Fedspeak pare some rate cut bets Yen wobbles on LDP election jitters, BOJ rate hike bets By Ankur Banerjee SINGAPORE, Sept 25 (Reuters) - The U.S. dollar was steady on Thursday, holding its overnight gains, as traders weighed the prospect of a mea...Reuters
Thu, Sep 25
AUD/USD weakens below 0.6600 on Fed Powell's cautious rate outlook
The AUD/USD pair loses ground to near 0.6585 during the early Asian session on Thursday. The cautious rate outlook of the US Federal Reserve (Fed) Chair Jerome Powell provides some support to the US Dollar (USD) against the Australian Dollar (AUD).Fxstreet
Wed, Sep 24
USD/JPY rises above 148.50 ahead of BoJ Meeting Minutes
The USD/JPY pair rises to near 148.80 during the early Asian session on Thursday. The US Dollar (USD) strengthens to near its highest in three weeks against the Japanese Yen (JPY) due to a fresh round of risk aversion across the financial markets and a cautious tone from the US central bank.Fxstreet
Wed, Sep 24
