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FOREX-Dollar advances as Fed likely to slow rate-cut pace after US data
US job openings rise in November, hiring slowsUS services sector activity increases in DecemberUS rate futures price in just one rate cut this yearRecasts, adds new comment, US data, FX table, bullets, byline, MILAN and NEW YORK datelines, FX table, updates pricesBy Gertrude Chavez-Dreyfuss and Stef...Reuters
Tue, Jan 7
BUZZ-COMMENT-EUR/USD bulls need economic convergence
Jan 7 (Reuters) - EUR/USD turned lower Tuesday, falling away from key resistance in the 1.0445/65 zone despite stronger inflation in the euro zone as U.S. economic data continues to hold sway.December euro zone data indicated that inflation accelerated for the third consecutive month, which could le...Reuters
Tue, Jan 7
CORRECTED-FOREX-Dollar falls as markets ponder proposed Trump tariffs, US data in focus
Corrects source of report in paragraph 4 that was erroneously introduced in the editing processBy Stefano Rebaudo Jan 7 (Reuters) - The U.S. dollar was close to a one-week low on Tuesday as markets await U.S. economic data while assessing whether President-elect Donald Trump's policies on tariffs...Reuters
Tue, Jan 7
FOREX-US dollar extends gains vs euro, yen after better-than-expected data
NEW YORK, Jan 7 (Reuters) - The U.S. dollar advanced against the yen and euro on Tuesday after data showed a generally stable jobs market and a services sector that remained robust, suggesting that the Federal Reserve will likely slow the pace of its current rate-cutting cycle.Data showed U.S. job o...Reuters
Tue, Jan 7
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% higher at C$1.4319 to the greenback, or 69.84 U.S. cents, after trading in a range of 1.4298 to 1.4349.Canadian government 10-year bond yields CA10Y...Reuters
Tue, Jan 7
BUZZ-COMMENT-Dollar may pause ahead of bigger gains
Jan 7 (Reuters) - The rally in the dollar, which reached an 18-year peak last month, is stretched and some consolidation or correction is warranted, but this period of adjustment may lay the foundation for bigger gains.In December the trade-weighted value of the dollar reached 133.50, marginally abo...Reuters
Tue, Jan 7
US CFTC chair Behnam to step down on Jan 20, FT says
Jan 7 (Reuters) - Rostin Behnam, chair of the U.S. Commodity Futures Trading Commission, said he would step down on Jan. 20, the Financial Times reported on Tuesday. (Reporting by Nilutpal Timsina in Bengaluru, editing by Ed Osmond) ((Nilutpal.Timsina@thomsonreuters.com; +91 86382 04706;))Reuters
Tue, Jan 7
Euro extends recovery above 1.04 as focus shifts to Eurozone inflation data
The Euro is receiving more support on Tuesday and extends its recovery against the US Dollar (USD) for the third day in a row, with expectations that the upcoming inflation numbers for the Eurozone as a whole will remain persistent.Fxstreet
Tue, Jan 7
Sterling hits new one-week high versus dollar
By Stefano Rebaudo Jan 7 (Reuters) - The pound rose to a new one-week high versus the dollar on Tuesday after jumping the day before after a media report said U.S. President-elect Donald Trump's advisers were considering applying tariffs only to critical imports.Trump, who refuted the report on M...Reuters
Tue, Jan 7
AUD/USD advances to 0.6300 neighborhood, closer to two-week top set on Monday
The AUD/USD pair regains positive traction following the previous day's pullback from the 0.6300 mark, or over a two-week top and builds on its steady intraday ascent through the first half of the European session on Tuesday.
Fxstreet
Tue, Jan 7
