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GBP/USD pulls back after inverse head-and-shoulders breakout – Société Générale
GBP/USD has retreated to its breakout point after surging toward 1.3725, but with momentum gauges still supportive, holding above 1.3470 would keep the broader uptrend intact, Société Générale's FX analysts note.
Fxstreet
Thu, Sep 18
EUR/JPY Price Forecast: Marks fresh 14-month highs near 174.50
EUR/JPY advances more than a quarter of a percent, trading around 174.40 during the European hours on Thursday. The technical analysis of the daily chart indicates an ongoing bullish bias as the currency cross moves upwards within the ascending channel pattern.
Fxstreet
Thu, Sep 18
FOREX-Dollar choppy as investors parse Fed outlook, await BoE decision
Fed's guidance leads to dollar's initial plunge, then reboundBoE expected to refrain from raising rates amid heated inflationBank of Norway cuts rates by 25 bps, as expectedJPY slips ahead of BOJ decision on FridayBy Kevin Buckland and Jaspreet Kalra TOKYO, Sept 18 (Reuters) - The U.S. do...Reuters
Thu, Sep 18
Sterling eases before BoE policy decision
By Canan Sevgili LONDON, Sept 18 (Reuters) - Sterling edged lower against a stronger dollar on Thursday as investors looked ahead to a policy decision from the Bank of England, which is widely expected to leave rates on hold but could unveil changes to its bond sales programme.The pound GBP=D3 fe...Reuters
Thu, Sep 18
EUR/GBP holds steady below 0.8700 as traders await BoE rate decision
The EUR/GBP cross trades on a flat note around 0.8670 during the early European session. Traders prefer to wait on the sidelines ahead of the Bank of England (BoE) interest rate decision. aThe BoE is expected to hold interest rates steady at 4.0% at its September meeting later on Thursday.
Fxstreet
Thu, Sep 18
Foreigners snap up Asian bonds in August after two-month hiatus
Sept 18 (Reuters) - Asian bonds attracted their first monthly foreign inflow in three months in August, as expectations of U.S. Federal Reserve rate cuts to support a cooling labour market boosted demand for higher-yielding emerging markets.Non-native investors bought Asian bonds worth a net $311 mi...Reuters
Thu, Sep 18
Nomura adds October Fed cut forecast after widely expected policy easing
Sept 18 (Reuters) - Nomura now expects the Federal Reserve to deliver 25-basis-point interest rate cuts at each of its remaining two meetings this year, following the U.S. central bank's widely anticipated quarter-point reduction and hints at continued policy easing.The Japanese brokerage had pr...Reuters
Thu, Sep 18
FOREX-Dollar firms after post-Fed rollercoaster ride; NZ dollar sinks
Fed's guidance leads to dollar's initial plunge, then reboundFed Chair Powell describes rate cut as risk-management measureNZ dollar slides after sharp GDP slowdown fuels rate cut betsBoE expected to refrain from raising rates amid heated inflationBy Kevin Buckland TOKYO, Sept 18 (Reuters...Reuters
Thu, Sep 18
USD/INR snaps four-day losing streak, Fed signals two more rate cuts
The Indian Rupee (INR) fails to extend the four-day winning streak against the US Dollar (USD) on Thursday. The USD/INR recovers to near 88.00 as the US Dollar (USD) gains ground in the aftermath of the monetary policy announcement by the Federal Reserve (Fed) on Wednesday.Fxstreet
Thu, Sep 18
Hong Kong central bank cuts interest rate, tracking Fed; banks follow
HONG KONG, Sept 18 (Reuters) - Hong Kong's central bank on Thursday lowered its base interest rate by 25 basis points to 4.50%, tracking a cut by the U.S. Federal Reserve.It was the first easing by the Hong Kong Monetary Authority since a 25 basis point cut last December. The rate is charged via...Reuters
Thu, Sep 18
FOREX-Dollar steadies after post-Fed rollercoaster ride
Fed's rate cut leads to dollar's initial plunge, then reboundFed Chair Powell describes rate cut as risk-management measureNZ dollar tumbles after sharp GDP slowdown fuels rate cut betsBoE expected to refrain from raising rates amid heated inflationBy Kevin Buckland TOKYO, Sept 18 (Reuter...Reuters
Thu, Sep 18
NZ dollar sinks as dire data flags risk of jumbo rate cut
By Wayne Cole SYDNEY, Sept 18 (Reuters) - The New Zealand dollar sank on Thursday after a strikingly weak reading on the economy pushed yields sharply lower as markets ramped up wagers for bigger rate cuts ahead.Its Australian counterpart also eased as jobs data surprised on the downside, adding ...Reuters
Thu, Sep 18
Hong Kong central bank chief says rate cut will have positive impact on economy
HONG KONG, Sept 18 (Reuters) - Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue said on Thursday an interest rate cut announced earlier will have a positive impact on the city's property market and economy. Yue was speaking after the HKMA cut its base interest rate charged via th...Reuters
Thu, Sep 18
Dollar steady after rebound from 3-1/2-year low in post-Fed rollercoaster ride
Fed's rate cut leads to dollar's initial plunge, then reboundFed Chair Powell describes rate cut as risk-management measureBoE expected to keep rates steady amid stable inflationBy Kevin Buckland TOKYO, Sept 18 (Reuters) - The U.S. dollar was steady early on Thursday following its plunge ...Reuters
Thu, Sep 18
Hong Kong central bank cuts interest rate, tracking Fed move
HONG KONG, Sept 18 (Reuters) - The Hong Kong Monetary Authority on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.50%, tracking a move by the U.S. Federal Reserve.Hong Kong's monetary policy moves in lock-step with the United States as the c...Reuters
Wed, Sep 17
Brazil's central bank to auction up to $2 billion with repurchase deal on Friday
SAO PAULO, Sept 17 (Reuters) - Brazil's central bank will offer up to $2 billion through two dollar auctions with repurchase agreement on September 19, the monetary authority said in a statement on Wednesday.The simultaneous auctions aim to roll over contracts maturing on October 2, and will sta...Reuters
Wed, Sep 17
