News
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FOREX-Dollar clings on to gains ahead of US jobs data; sterling slips
Dollar eyes 1% weekly gain on soft sterlingDollar index set for 6th weekly riseUS jobs data due as bonds nurse lossesMarkets expect data to show 160,000 jobs addedUpdates in European afternoon tradingBy Tom Westbrook and Greta Rosen Fondahn Jan 10 (Reuters) - The dollar looked set to log a sixth ...Reuters
Fri, Jan 10
Sterling slides for a fourth day, gilt yields rise for fifth
Updates at 1130 GMTBy Greta Rosen Fondahn Jan 10 (Reuters) - British assets remained under pressure on Friday from elevated global borrowing costs, with sterling falling for the fourth day in a row and gilt yields rising for a fifth consecutive day, though both were off the previous session's...Reuters
Fri, Jan 10
BUZZ-COMMENT-Tariffs trump payrolls risk, USD topside still preferred
Jan 10 (Reuters) - The near-term focus for FX markets will be on the U.S. employment report but looming tariffs from the incoming U.S. administration remain the bigger risk for markets.So unless U.S. payrolls are materially weaker than expected, consensus FX trades expressing USD topside should cont...Reuters
Fri, Jan 10
Trader confidence in sterling takes a dive on bond market turmoil
Global bond selloff impacts UK finances, raises bond yieldsTraders bearish on sterling after pound hit 14-month low Treasury reassures on stability, but market cautiousBy Amanda Cooper LONDON, Jan 10 (Reuters) - Traders' confidence in the pound has taken its biggest dive this week since the 2022 ...Reuters
Fri, Jan 10
UPDATE 3-China's central bank halts bond buying as yuan struggles
PBOC suspends treasury bond purchases amid global bond selloffPBOC seeking to defend falling yuan, analysts sayAnalysts expect continued downtrend in bond yieldsRecasts throughout and updates prices SHANGHAI, Jan 10 (Reuters) - China's central bank suspended treasury bond purchases on Friday, bri...Reuters
Fri, Jan 10
Deutsche recommends selling sterling on broad, trade-weighted basis
LONDON, Jan 10 (Reuters) - Deutsche Bank said investors should sell the pound on a broad trade-weighted basis, in a Friday note, as Britain's current account deficit is no longer improving, and the currency is vulnerable to the recent increase in volatility. The pound has lost nearly 2% this week ag...Reuters
Fri, Jan 10
FOREX-Dollar holds onto gains ahead of US jobs data; sterling slips
Dollar eyes 1% weekly gain on soggy sterlingDollar index set for 6th weekly riseUS jobs data due as bonds nurse lossesMarkets expect data to show 160,000 jobs addedUpdates in European morning tradeBy Tom Westbrook and Greta Rosen Fondahn Jan 10 (Reuters) - The dollar looked set to log a sixth...Reuters
Fri, Jan 10
AUD/USD remains depressed below 0.6200, lowest since October 2022 ahead of US NFP
The AUD/USD pair extends its sideways consolidative price move through the first half of the European session on Friday and remains close to its lowest level since October 2022 touched the previous day.
Fxstreet
Fri, Jan 10
Sterling slides for a fourth day amid bond market turmoil
By Greta Rosen Fondahn Jan 10 (Reuters) - Sterling continued its slide on Friday, its fourth day of falls, as elevated global bond yields kept the currency under pressure. The pound was down 0.17% against the dollar at $1.2286 GBP=D3, hovering close to Thursday's 14-month low of $1.2239. Global b...Reuters
Fri, Jan 10
BRIEF-UBS Intends To Redeem USD 1.25 Bln 7% Capital Notes On Feb. 19
Jan 10 (Reuters) - UBS Group AG UBSG.S:ANNOUNCES INTENTION TO REDEEM THE TOTAL OUTSTANDING USD 1,250,000,000 7.00% TIER 1 CAPITAL NOTES WITH ISIN CH0271428333 ON 19 FEBRUARY 2025LAST TRADING DAY OF THE INSTRUMENT WILL BE 17 FEBRUARY 2025Further company coverage: UBSG.S (Gdansk Newsroom) ((gdansk.new...Reuters
Fri, Jan 10
FOREX-Dollar holds onto gains ahead of US jobs data; sterling slips
Dollar eyes 1% gain on soggy sterlingDollar index set for 6th weekly riseUS jobs data due as bonds nurse lossesMarkets expect data to show 160,000 jobs addedUpdates to Asia afternoonBy Tom Westbrook SINGAPORE, Jan 10 (Reuters) - The dollar held steady in Asia on Friday and looked set to extend it...Reuters
Fri, Jan 10
