News
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GBP weak and underperforming G10 – Scotiabank
The Pound Sterling (GBP) is underperforming all of the G10 currencies with a 1.1% decline against the US Dollar (USD), weakening in response to renewed fiscal concerns that have driven UK yields to fresh multi-decade highs, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Tue, Sep 2
RPT-BREAKINGVIEWS-Rupee slide is a rude wake-up call for India bulls
By Shritama Bose MUMBAI, Sept 2 (Reuters Breakingviews) - India's rupee INR=IN is providing an unwelcome blast from the past. It hit a record low of 88.31 against the U.S. dollar on Friday. The depreciation will cushion the earnings of exporters hit by President Donald Trump's punitive ta...Reuters
Tue, Sep 2
Ether Machine Raises Additional 150,000 ETH Of Committed Financing From Jeffrey Berns
Sept 2 (Reuters) - Ether Machine:ETHER MACHINE: RAISED ADDITIONAL 150,000 ETH, CURRENTLY VALUED AT ABOUT $654 MILLION, OF COMMITTED FINANCING FROM JEFFREY BERNSETHER MACHINE: ADDITIONAL INVESTMENT BRINGS TOTAL ETH OWNED OR COMMITTED TO 495,362, CURRENTLY VALUED AT ABOUT $2.16 BILLIONReuters
Tue, Sep 2
UK government remains committed to 'robust fiscal rules', says PM's spokesperson
LONDON, Sept 2 (Reuters) - Britain's government remains committed to its "robust fiscal rules", Prime Minister Keir Starmer's spokesperson said on Tuesday, declining to comment directly on markets selling off British bonds and a fall in sterling."Our iron-clad commitment to our r...Reuters
Tue, Sep 2
CAD softer versus USD but pick up on the crosses – Scotiabank
The Canadian Dollar (CAD) is softer against the generally stronger US Dollar (USD) on the session but losses are relatively limited, leaving the CAD the top-performer after the big dollar among G10 currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Tue, Sep 2
FOREX-Sterling, Japanese yen slump on investor anxiety over public finances
Sterling, yen fall 1% each against dollarBritain, France bond yields at multi-year highs on fiscal worriesHigher Treasury yields support dollar Key U.S. data due this weekBy Jaspreet Kalra MUMBAI, Sept 2 (Reuters) - Sterling and the Japanese yen slumped on Tuesday on the back of growing investor ...Reuters
Tue, Sep 2
EUR/USD stalls below key trendline at 1.1740 – Société Générale
EUR/USD remains rangebound, oscillating around its 50-day moving average and capped by a multi-month descending trendline at 1.1740. A decisive break below last week’s low at 1.1580 would expose deeper retracement targets at 1.1525 and 1.1465, Société Générale's FX analysts note.Fxstreet
Tue, Sep 2
RPT-COLUMN-Tariff challenge thickens market fog and confusion: Mike Dolan
By Mike Dolan LONDON, Sept 2 (Reuters) - Just five months ago, U.S. tariff barriers were the be-all and end-all for world markets and a potential trigger of global recession ahead. Not only has that proved wide of the mark so far, but no one seemed to bat an eyelid after it was legally challenged...Reuters
Tue, Sep 2
Eurozone August CPI Rebounds Above 2%, But Diverging Rate Cut Outlook Weighs on Euro
TradingKey - The Eurozone’s August CPI rose to 2.1% year-on-year, up from 2.0% in July, marking the first time since April that inflation has exceeded the European Central Bank’s (ECB) 2% target. While the rebound strengthens expectations for a hold on rates in September, internal divisions withinTradingKey
Tue, Sep 2
EMERGING MARKETS-EM assets range-bound ahead of key US data
EM stocks, FX down 0.2% eachSouth Korea inflation up 1.7% in August Polish c. bank starts two-day rate setting meetingIndonesian equities reboundBy Pranav Kashyap Sept 2 (Reuters) - A gauge tracking emerging market stocks and currencies was slightly lower on Tuesday as investors braced for U.S. d...Reuters
Tue, Sep 2
