News
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FOREX-US dollar extends fall after retail sales, producer prices data
NEW YORK, Nov 25 (Reuters) - The dollar moderately extended losses vs the yen and euro on Tuesday, after data showed U.S. retail sales rose less than expected in September, suggesting that the economy was slowing down and supporting market expectations of a rate cut next month.U.S. producer prices, ...Reuters
17 hours ago
FOREX-Dollar slides as US rate cuts back in focus, yen vigil continues
Rate-cut wagers ramp up after dovish comments from policymakersDollar wobbles but holds ground on shifting expectations Yen locked in on intervention zone, traders keep wary eyes By Ozan Ergenay and Ankur Banerjee SINGAPORE/LONDON, Nov 25 (Reuters) - The U.S. dollar fell on Tuesday, as investors...Reuters
18 hours ago
Brazil's foreign direct investment through October surpasses 2024 total
By Marcela AyresBRASILIA, Nov 25 (Reuters) - Brazil's foreign direct investment inflows through October have already surpassed last year's total, central bank data showed on Tuesday, as the government expects FDI to reach a record high this year. The improvement in FDI, considered a highe...Reuters
19 hours ago
Brazil posts wider-than-expected current account deficit in October
BRASILIA, Nov 25 (Reuters) - Brazil's current account deficit reached $5.121 billion in October, central bank data showed on Tuesday, wider than the $4.8 billion expected by economists polled by Reuters.The country attracted $10.937 billion in foreign direct investment (FDI) for the month, beati...Reuters
20 hours ago
RPT-ROI-Has gold been Tethered?: Mike Dolan
By Mike Dolan LONDON, Nov 25 (Reuters) - For investors buying gold as a bastion of stability, it should give pause that one of bullion's biggest buyers in recent months is a lynchpin of the hyper-speculative world of crypto.The narrative around gold's record-breaking surge - up a whopping...Reuters
20 hours ago
Sterling edges up; pre-budget jitters stoke volatility
By Ozan Ergenay London, Nov 25 (Reuters) - Sterling headed for a fourth daily rise on Tuesday, while traders piled into the options market seeking protection against heightened volatility in light of Britain's upcoming budget announcement. The pound, which is heading for a 4.8% gain this yea...Reuters
20 hours ago
When is the US Retail Sales data and how could it affect EUR/USD?
With the US Government open again after a 43-day shutdown, federal agencies are scrambling through a backlog of data to deliver a stream of delayed macroeconomic releases. The focus today is on September’s US Retail Sales report.
Fxstreet
20 hours ago
Sterling options volatility nears 'Liberation Day' highs ahead of UK budget
LONDON, Nov 25 (Reuters) - The cost of hedging against big near-term moves in the pound against the euro shot to its highest since April on Tuesday, reflecting trader nervousness ahead of finance minister Rachel Reeves' budget in a day's time.Overnight implied options volatility, a measure o...Reuters
21 hours ago
NZD/USD: Likely to consolidate within a range of 0.5595/0.5630 – UOB Group
Momentum indicators are mostly flat; New Zealand Dollar (NZD) is likely to consolidate within a range of 0.5595/0.5630. In the longer run, NZD is expected to move lower; if it breaks below 0.5565, it could decline further to 0.5540, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
21 hours ago
AUD/USD: Scope for AUD to test 0.6405 – UOB Group
Further range-trading appears likely; firmer underlying tone suggests a higher range of 0.6445/0.6485. In the longer run, the price action suggests there is scope for AUD to test 0.6405, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
21 hours ago
EMERGING MARKETS-EM assets edge higher with focus on US rate cut hopes, Ukraine peace deal
By Twesha Dikshit Nov 25 (Reuters) - Most emerging market equities and currencies edged higher on Tuesday, helped by expectations of a potential U.S. interest rate cut in December, while Ukraine's international bonds benefited from renewed efforts toward peace talks. The move comes at a ti...Reuters
21 hours ago
NZD weakens ahead of RBNZ rate decision – BBH
New Zealand Dollar (NZD) is trading heavy ahead of the RBNZ policy rate decision. The RBNZ is expected to trim the Official Cash Rate (OCR) by 25bps to 2.25%. At its last October 8 meeting, the RBNZ slashed the OCR by 50bps to 2.50% and stressed it 'remains open to further reductions in the OCR'.Fxstreet
21 hours ago
