News
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Sterling rises after UK economic data, US figures in focus
By Stefano Rebaudo Dec 16 (Reuters) - Sterling rose against the euro and the dollar on Tuesday after recent losses, as UK data left expectations for a Bank of England rate cut unchanged and traders shifted focus to U.S. figures due later in the session.Britain's unemployment rate climbed to i...Reuters
Tue, Dec 16
UK businesses breathe sigh of relief after Reeves' budget, PMIs show
UK flash composite PMI beats all Reuters poll forecastsEuro zone flash PMI weakened in December Businesses reduce staff numbers, echoing weak official dataBy William Schomberg LONDON, Dec 16 (Reuters) - British businesses appear to be emerging from months of worry about tax increases in finance m...Reuters
Tue, Dec 16
INDIA RUPEE-Rupee hits record low, sapped by hedging demand and outflows
By Jaspreet Kalra MUMBAI, Dec 16 (Reuters) - The Indian rupee fell to a lifetime low on Tuesday as weak risk appetite amplified lingering pressure from hedging demand and portfolio outflows amid continued uncertainty over a U.S. trade deal.The rupee INR=IN fell to 91.0750 per dollar before ending...Reuters
Tue, Dec 16
CEE MARKETS-Forint pauses rally ahead of Hungarian central bank meeting as currencies retreat
By Krisztina Than BUDAPEST, Dec 16 (Reuters) - Central European currencies retreated slightly on Tuesday, with the forint easing 0.2% ahead of a Hungarian central bank meeting, which is expected to keep rates on hold, although investors are looking for hints of a dovish shift.Hungary's forint...Reuters
Tue, Dec 16
UK firms see some relief after Reeves' budget, PMIs show
By William Schomberg LONDON, Dec 16 (Reuters) - British businesses have reported some renewed momentum after months of worry about possible tax increases in finance minister Rachel Reeves' budget in late November, a closely watched survey of the private sector showed on Tuesday. The comp...Reuters
Tue, Dec 16
FOREX-US dollar close to multi-week lows versus euro and yen before US data
Euro supported by ECB's stance and strong economic dataBoJ policy decision in focus as a rate hike is priced inUS data could reinforce expectations for a Fed pause in JanuaryYuan hits 15-month high against dollarBy Stefano Rebaudo and Gregor Stuart Hunter Dec 16 (Reuters) - The U.S. dollar ho...Reuters
Tue, Dec 16
