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FOREX-Dollar drifts as yen set for best week in over a month
Yen soft but hovering near one-month highDollar to snap six-week winning streak on shifting rate viewsYuan steady after GDP data meets 2024 target of 5%Markets await Donald Trump's return to the White HouseUpdates to Asia mid-afternoonBy Ankur Banerjee SINGAPORE, Jan 17 (Reuters) - The yen was po...Reuters
Fri, Jan 17
BOJ likely to keep hawkish policy pledge, raise rates next week, sources say
BOJ meets for rate review Jan. 23-24Void of Trump-driven shock, BOJ seen hiking rates to 0.5%Focus shifting to BOJ's guidance on future policy pathBOJ unlikely to give clarity on pace, timing of next moveNo major change expected in BOJ's hawkish policy guidanceBy Leika Kihara TOKYO, Jan 17 (Reute...Reuters
Fri, Jan 17
INDIA-RUPEE-India's RBI carries out buy/sell USD-INR swaps, traders say
MUMBAI, Jan 17 (Reuters) - India's central bank is conducting buy/sell dollar/rupee swaps alongside selling dollars in the spot market to support the rupee, traders said, which fuelled a further drop in forward premiums.The Reserve Bank of India's buy/sells swaps are largely for spot over June, July...Reuters
Fri, Jan 17
ANALYSIS-Investors strap in for prolonged pain in debt-scarred UK markets
By Naomi Rovnick, Nell Mackenzie, Yoruk Bahceli LONDON, Jan 17 (Reuters) - Investors who had been enjoying a brief rebound in long-suffering UK markets are hunkering down for a stretch of losses as ructions in the pound, government bonds and stocks feed on each other and put Britain at risk of a ...Reuters
Fri, Jan 17
INDIA RUPEE-India's RBI sells dollars to support rupee before market open, traders say
MUMBAI, Jan 17 (Reuters) - The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, without which the currency would have hit a new all-time low, traders said.The rupee INR=IN was at 86.5675 per dollar at 9:06 a.m. IST, marginally lower t...Reuters
Fri, Jan 17
Yuan on track to snap 4-week losing streak after GDP surprise
HONG KONG, Jan 17 (Reuters) - The yuan strengthened against the dollar on Friday and looked set for its first weekly gain in over a month, after a slew of data showed China's economy ended 2024 on better footing than expected.China's economy grew 5.4% in the fourth quarter from a year earlier, and e...Reuters
Fri, Jan 17
FOREX -Yen set for best week in over a month on BOJ rate hike bets
Yen hovering near one-month highDollar on back foot as investors digest data, Waller remarks Yuan steady after GDP data meets 2024 target of 5%Markets await Donald Trump's return to the White HouseUpdates after China GDP dataBy Ankur Banerjee SINGAPORE, Jan 17 (Reuters) - The yen was poised on Fr...Reuters
Fri, Jan 17
Australian, NZ dollars set for first weekly gain in seven, but bearish trend persists
SYDNEY, Jan 17 (Reuters) - The Australian and New Zealand dollars are on track for their first weekly gain in seven on Friday, but recent price movements have been lacklustre, indicating that near-term risks remain tilted to the downside. The two also weakened against the Japanese yen, which...Reuters
Fri, Jan 17
FOREX-Yen set for best week in over a month on BOJ rate hike bets
Yen hovering near one-month highDollar on back foot as investors digest data, Waller remarks China's GDP data due; analysts expect target of 5% to be met Markets await Donald Trump's return to the White HouseBy Ankur Banerjee SINGAPORE, Jan 17 (Reuters) - The yen was poised for its strongest week...Reuters
Fri, Jan 17
