News
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ECB holds rates unchanged, still 'in a good place'
Deposit rate unchanged at 2% as expectedMarket starting to price out last rate cutDebate over more easing to simmer for monthsEconomy holding up but tariffs impact not yet fully feltBy Balazs Koranyi and Francesco Canepa FRANKFURT, Sept 11 (Reuters) - The European Central Bank left interest rates...Reuters
Thu, Sep 11
Traders raise bets that the ECB is done cutting rates
Traders now see one more ECB rate cut next year as a coin tossBank's assessment of 'balanced' outlook seen as hawkishECB projections paint mixed pictureBy Yoruk Bahceli, Sara Rossi and Alun John Sept 11 (Reuters) - Traders on Thursday curbed their bets on another European Central Bank...Reuters
Thu, Sep 11
IMF says Fed has scope to lower interest rates
WASHINGTON, Sept 11 (Reuters) - The International Monetary Fund on Thursday said the Federal Reserve has scope to lower interest rates because of the weakening U.S. labor market, but the central bank should move cautiously with a close eye on emerging economic data. "Our overall sense is that...Reuters
Thu, Sep 11
FOREX-US dollar eases after slightly hotter inflation, jobless claims uptick
US headline CPI rises 0.4%, year-on-year up 2.9%Initial jobless claims rise more than expected.Fed funds futures price in 91% odds of 25-bp rate cut next weekBy Gertrude Chavez-Dreyfuss NEW YORK, Sept 11 (Reuters) - The U.S. dollar slipped on Thursday after modestly hotter August inflation data a...Reuters
Thu, Sep 11
US Fed looks set to resume rate cuts just as its peers are nearly done
ECB holds rates at 2%, lowers inflation projections Fed set to resume easing next week, Trump calls for more Markets suspect Switzerland unlikely to take rates negativeBy Sara Rossi and Alun John LONDON, Sept 11 (Reuters) - The U.S. Federal Reserve is an outlier among central banks in developed m...Reuters
Thu, Sep 11
GBP/USD climbs as mixed US inflation data bolsters Fed rate cut expectations
The British Pound (GBP) gains traction against the US Dollar (USD) on Thursday, with GBP/USD reversing earlier losses as investors digested a mixed US inflation report that failed to shake expectations of a Federal Reserve (Fed) interest rate cut next week.
Fxstreet
Thu, Sep 11
Euro zone bond yields dip after ECB decision, U.S. data, euro tad higher
Sept 11 (Reuters) - European government bond yields dipped and the euro nudged higher on Thursday after the European Central Bank held rates steady at 2%, in a decision that was followed shortly by the latest U.S. inflation numbers.The ECB has halved its key rate to 2% in the year to June but has be...Reuters
Thu, Sep 11
EUR/USD climbs to 1.1700 as ECB holds steady, US CPI reinforces Fed cut bets
The Euro (EUR) reverses sharply against the US Dollar (USD) on Thursday, snapping a two-day losing streak and climbing back above the 1.1700 mark as traders digest the European Central Bank (ECB) policy announcement and US inflation data.
Fxstreet
Thu, Sep 11
FOREX-US dollar pares gains vs yen, euro turns higher after inflation data, jobless claims
NEW YORK, Sept 11 (Reuters) - The U.S. dollar reversed gains against the yen while the euro turned higher on Thursday after inflation data came in mostly in-line with market forecasts, reinforcing the view that the Federal Reserve will resume cutting interest rates at a policy meeting next week.High...Reuters
Thu, Sep 11
Euro dips after ECB rate decision, stocks and bonds steady
Sept 11 (Reuters) - The euro dipped a touch, while euro zone bond yields stayed steady, and European stocks held higher after the European Central Bank held rates steady at 2% as expected, but slightly reduced its longer-term growth and inflation forecasts.Reuters
Thu, Sep 11
FOREX-Dollar steady as traders await US inflation data, ECB meeting
Euro steady, ECB rate decision due at 1215 GMT Markets await US CPI data later on ThursdayAustralian dollar nears strongest level since NovemberBy Gregor Stuart Hunter and Lucy Raitano SINGAPORE/LONDON, Sept 11 (Reuters) - The dollar held onto small gains on Thursday as traders awaited key U.S. c...Reuters
Thu, Sep 11
CAD is about as 'undervalued' as it was in the spring – Scotiabank
Canadian Dollar (CAD) softness is extending as markets look ahead to next week’s BoC policy decision and the prospect of a 1/4 point cut in the target rate, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Thu, Sep 11
