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GBP/USD falls to three-week low as strong US data boosts Dollar
The British Pound (GBP) loses ground against the US Dollar (USD) on Thursday, with GBP/USD slipping below the 1.3400 psychological mark as a wave of stronger-than-expected US economic data revives demand for the Greenback.
Fxstreet
Thu, Sep 25
Global debt hits record of nearly $338 trillion, says IIF
By Canan Sevgili LONDON, Sept 25 (Reuters) - Global debt hit a record high of $337.7 trillion at the end of the second quarter, driven by easing global financial conditions, a softer U.S. dollar and a more accommodative stance from major central banks, a quarterly report showed on Thursday.The In...Reuters
Thu, Sep 25
Pop Culture Group Plans To Accumulate 1,000 Bitcoin Over The Course Of Next Year
Sept 25 (Reuters) - Pop Culture Group Co Ltd CPOP.O:POP CULTURE GROUP CO LTD - CPFH PLANS TO ACCUMULATE 1,000 BITCOIN OVER THE COURSE OF THE NEXT YEARPOP CULTURE GROUP CO LTD - INITIATIVE AIMS TO ESTABLISH $100 MILLION 'CRYPTO POP FUND'Reuters
Thu, Sep 25
Swiss National Bank keeps interest rate at zero, sees tariff hit to economy
SNB says Trump tariffs will hit Swiss economyCentral bank holds rates for first time in seven meetingsInflation has recently crept back into target rangeSNB chairman says prepared to cut rates again if neededBy John Revill ZURICH, Sept 25 (Reuters) - The Swiss National Bank held its benchmark int...Reuters
Thu, Sep 25
FOREX-Swiss franc steady as SNB holds rate at zero, traders await US data
Swiss National Bank keeps rate unchangedInvestor focus on US GDP, inflation data By Joice Alves LONDON, Sept 25 (Reuters) - The Swiss franc was little changed against the dollar on Thursday as the Swiss National Bank kept the interest rate at zero, as expected, while the greenback was also steady...Reuters
Thu, Sep 25
RPT-TABLE-SNB Economic Forecasts
Sept 25 (Reuters) - Here are the Swiss National Bank's latest projections for the Swiss economy, released earlier on Thursday. Previous forecasts in brackets. 202520262027 Inflation* 0.2 (0.2) 0.5 (0.5) 0.7 (0.7) GDP** 1%-1.5%(1%-1.5%)close to 1% (1% to 1.5%)Reuters
Thu, Sep 25
Sterling holds steady as investors weigh UK fiscal risk
By Canan Sevgili LONDON, Sept 25 (Reuters) - The pound held steady against the dollar on Thursday, as investors weighed up concerns about Britian's finances, in light of weaker demand at a UK government bond auction.Sterling GBP= was flat at $1.34495 around midday in London.It was steady agai...Reuters
Thu, Sep 25
When is the US Durable Goods Orders data and how it could affect EUR/USD?
The United States (US) Durable Goods Orders data for August is due for release today at 12:30 GMT. The Census Bureau is expected to show that fresh orders for durable goods have declined for the third time in a row.Fxstreet
Thu, Sep 25
Tariffs could weaken, but not yet reverse, the dollar's reserve status, research shows
Initial high tariff plans led to effects consistent with loss of confidenceEventual tariffs levels in a range that maintains haven statusDollar's role seen closely tied to tradeBy Howard Schneider WASHINGTON, Sept 25 (Reuters) - The massive tariffs proposed by President Donald Trump on "L...Reuters
Thu, Sep 25
EMERGING MARKETS-EM assets slip as investors weigh restrained Fed easing outlook
EM stocks down 0.4%, FX down 0.1%Czech National Bank keeps rates on holdPepco Group jumps after reporting higher revenueTurkey's Erdogan to meet Trump later in the dayBy Nikhil Sharma Sept 25 (Reuters) - Emerging market stocks fell on Thursday, while currencies also wavered against a steady d...Reuters
Thu, Sep 25
CHF softens after SNB holds rates – BBH
The Swiss Franc (CHF) underperformed after the SNB kept its policy rate at 0%, but persistent safe-haven demand offsets concerns over a potential negative rate, while the central bank downgraded 2026 GDP growth due to elevated US tariffs, BBH FX analysts report.
SNB's Schlegel ready to cut rates 'if required'
ZURICH, Sept 25 (Reuters) - The Swiss National Bank is prepared to cut interest rates further if it is necessary, Chairman Martin Schlegel said on Thursday after the central bank held its policy rate at 0%."Yes, we are prepared to cut further if it is required," Schlegel told reporters. "...Reuters
Thu, Sep 25
