News
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Euro zone finance ministers recommend Bulgaria adopt euro in 2026
The country meets euro adoption criteria, including inflation and budget deficit limitsBulgarians sceptical about euro adoption, fearing price increasesBulgaria's euro adoption will leave six EU countries outside euro zoneBy Jan Strupczewski BRUSSELS, June 19 (Reuters) - Euro zone finance min...Reuters
Thu, Jun 19
SNB slashes rate to zero, USD/CHF treads water amid holiday-thinned trade
The Swiss Franc (CHF) holds steady against the US Dollar (USD) on Thursday, showing muted price action as traders digest the Swiss National Bank’s (SNB) decision to cut its key policy rate by 25 basis points to 0%.
Fxstreet
Thu, Jun 19
EUR/JPY steadies near 167.00 as markets weigh geopolitics and interest rates
EUR/JPY is holding near the 167.00 level on Thursday, as markets digest cautious commentary from European Central Bank (ECB) policymakers and prepare for key monetary policy updates from the Bank of Japan.
Fxstreet
Thu, Jun 19
CANADA FX DEBT-Canadian dollar hits near 3-week low as Middle East conflict drives safe-haven demand
Canadian dollar weakens 0.3% against the greenbackTouches its weakest intraday level since May 30Price of oil increases 2.8%Bond yields edge lower across the curveBy Fergal Smith TORONTO, June 19 (Reuters) - The Canadian dollar weakened to a near three-week low against its U.S. counterpart in hol...Reuters
Thu, Jun 19
GBP/USD stabilizes after BoE holds rates, geopolitical risks support Dollar
The Pound Sterling trades within familiar levels after hitting a four-week low of 1.3382, recovers, and posts gains of over 0.03% against the Dollar following the Bank of England's (BoE) decision to keep rates unchanged.
Fxstreet
Thu, Jun 19
Bank of England keeps rates steady, sees further loosening as jobs market weakens
BoE holds interest rates at 4.25% after June meeting Policymakers expect significant slowing in pay growth in 2025BoE to monitor Middle East conflict and energy price risesBailey: UK rates on 'gradual downward path'By Suban Abdulla and David Milliken LONDON, June 19 (Reuters) - The Bank o...Reuters
Thu, Jun 19
FOREX-Dollar holds steady as Middle East keeps investors jittery
SNB cuts interest rates to zero; BoE keeps rates unchangedNorges Bank delivers surprise 25 bps cutBank of England expected to hold rates steadyPowell warns on inflation risks from tariffsBy Ankur Banerjee and Lucy Raitano LONDON, June 19 (Reuters) - The dollar edged up on Thursday as the threat o...Reuters
Thu, Jun 19
Swiss National Bank cuts rates to zero, will not rule out going negative
SNB cuts rates with inflation negative and franc strongSNB anticipates weaker global growth, rising US inflationAnalysts suggest SNB may pause rate cuts unless economy worsensBy John Revill ZURICH, June 19 (Reuters) - The Swiss National Bank cut its interest rate to zero on Thursday and did not r...Reuters
Thu, Jun 19
Global uncertainty puts big central banks in a tight spot
Norway surprises with rate cutSwitzerland on verge of negative rate territoryThe Fed holds out on rate cuts for nowBy Alun John and Naomi Rovnick LONDON, June 19 (Reuters) - Central banks are grappling with elevated uncertainty about economic growth and inflation, complicating decision-making, es...Reuters
Thu, Jun 19
Indian Rupee weakens amid Middle East tensions, Crude Oil price surge
The Indian Rupee (INR) extends its losing streak for a third consecutive day against the US Dollar (USD) on Wednesday, sliding to a three-month low as the escalating Middle East conflict fuels fresh supply worries and keeps Crude Oil prices elevated.Fxstreet
Thu, Jun 19
GBP pulls back as markets digest BoE hold – Scotiabank
Pound Sterling (GBP) is soft and trading defensively into Thursday’s NA session with markets unphased by the BoE’s as-expected hold at 4.25% but offering some reaction to a 7-3 hold-cut split, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Thu, Jun 19
INSTANT VIEW-Bank of England leaves rates on hold
LONDON, June 19 (Reuters) - The Bank of England held interest rates at 4.25% as expected on Thursday but said it was focused on risks from a weaker labour market and higher energy prices as conflict in the Middle East escalates.Noting the elevated global uncertainty and persistent inflation, the Mon...Reuters
Thu, Jun 19
FOREX-Dollar firms as Mideast worries cast shadow, Norges Bank delivers surprise cut
Middle East tensions dampen sentiment; dollar firms on safe-haven demandSNB cuts interest rates to zeroNorges Bank delivers surprise 25 bps cutBank of England expected to hold rates steadyPowell warns on inflation risks from tariffsBy Ankur Banerjee and Lucy Raitano SINGAPORE/LONDON, June 19 (Reu...Reuters
Thu, Jun 19
