News
Important Only
UPDATE 1-China's cenbank warns mutual funds against feeding bond frenzy, sources say
PBOC summons mutual funds to warn about bond tradingBond rally has not stalled, despite months of warningsCentral bank worried about bubbles and yuanUpdates to add context SHANGHAI, Jan 3 (Reuters) - China's central bank summoned some fund managers on Friday to warn them against chasing a fervid ...Reuters
Fri, Jan 3
FOREX-Dollar on track for best week since early November
Dollar edges lower, but on track for best week in two monthsDour euro zone outlook weighs on euroTraders price in about 45 bps of Fed rate cuts in 2025 Updated in New York morning timeBy Karen Brettell NEW YORK, Jan 3 (Reuters) - The dollar dipped on Friday but was on track for its strongest wee...Reuters
Fri, Jan 3
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.1% lower at C$1.4413 to the greenback, or 69.38 U.S. cents, after trading in a range of 1.4384 to 1.4419.Canadian government 10-year bond yields CA10YT=RR f...Reuters
Fri, Jan 3
BRIEF-Mara Announces Bitcoin Production And Mining Operation Updates For Dec 2024
Jan 3 (Reuters) - MARA Holdings Inc MARA.O:MARA ANNOUNCES BITCOIN PRODUCTION AND MINING OPERATION UPDATES FOR DECEMBER 2024MARA HOLDINGS INC: AS OF DEC 31, 2024, HAD 7,377 BTC LOANED TO THIRD PARTIES GENERATING ADDITIONAL RETURN FOR STAKEHOLDERSSource text: ID:nGNX102ycVFurther company coverage: MAR...Reuters
Fri, Jan 3
FOREX-Dollar set to end week on a high on US rates and economic outlook
Updates prices in European afternoon tradeDollar edges lower, but hovers near two-year highDour euro zone outlook pressures euroTraders price in about 45 bps of Fed rate cuts in 2025 By Rae Wee, Greta Rosen Fondahn SINGAPORE, Jan 3 (Reuters) - The dollar was on track for its strongest weekly per...Reuters
Fri, Jan 3
Sterling tries to rebound against relentless dollar
By Greta Rosen Fondahn Jan 3 (Reuters) - Sterling struggled to rebound against the dollar on Friday and was on track for its worst week since November, while new data added to indications of a slowing British economy.The pound GBP=D3 edged up 0.1% to $1.2395, having slid 1.16% on Thursday. The cu...Reuters
Fri, Jan 3
BUZZ-COMMENT-Tumbling currencies of BRICS nations made of straw
Jan 3 (Reuters) - The currencies of BRICS nations have slumped in value with India's rupee and Brazil's real hitting record lows versus the dollar and China's yuan on the brink of one.South Africa's rand has undergone a rapid change in fortune, dropping 11% in a few months, while Russia's rouble has...Reuters
Fri, Jan 3
REFILE-BUZZ-COMMENT-Dollar has a flying start to 2025, as expected
Fixed typo on first line Jan 3 (Reuters) - The U.S. dollar continues to soar in 2025 as seasonal, technical and fundamental factors combine to fuel demand for the currency.The dollar has jumped at the start of January, building on last year's strong gains on expectations U.S. growth will beat pee...Reuters
Fri, Jan 3
China c.bank calls in mutual funds to flag bond investment risks, sources say
SHANGHAI, Jan 3 (Reuters) - China's central bank summoned some fund managers on Friday to warn against frenzied buying of government bonds that has driven yields to record lows, two sources told Reuters.Such meetings between the People's Bank of China (PBOC) and institutional investors, aimed at fla...Reuters
Fri, Jan 3
BUZZ-COMMENT-Higher oil and gas prices may fuel bigger dollar rally
Jan 3 (Reuters) - In the past month Brent crude oil has risen by $6/bbl while natural gas prices doubled between September and December. Both moves favour the dollar as the currency of one the world's largest producers while the surge in gas is particularly problematic for the eurozone. EUR/USD, wh...Reuters
Fri, Jan 3
FOREX-Dollar set to end week on a high on US rates and economic outlook
Dollar edges lower, but hovers near two-year highDour euro zone outlook pressures euroTraders price in about 45 bps of Fed rate cuts in 2025 Updates with European morning tradeBy Rae Wee and Greta Rosen Fondahn SINGAPORE, Jan 3 (Reuters) - The dollar was on track for its strongest weekly per...Reuters
Fri, Jan 3
China's yuan slides past 7.3 floor on falling yields, rate cut bets
PBOC expected to cut rates in 2025 Government bond yields slide to new lowsSentiment towards Chinese assets weak ahead of Trump returnUpdates closing priceBy Jiaxing Li and Ankur Banerjee Hong Kong, Jan 3 (Reuters) - China's yuan slid past the key 7.3 threshold to a 14-month low against the dolla...Reuters
Fri, Jan 3
BUZZ-COMMENT-FX fireworks on Jan 2 may set tone for 2025
Jan 3 (Reuters) - The foreign exchange year started with a bang on Thursday, less than three weeks before Donald Trump's White House return, in what might prove to be a taste of things to come in 2025. Jan. 2 saw EUR/USD sink to its lowest level since November 2022, with cable posting its biggest d...Reuters
Fri, Jan 3
