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FOREX-Dollar dominates on cautious Fed, Trump trade
Dollar dominates rivals, set to post 7% annual gainJapanese yen among biggest losers on wide interest rate differentialSterling holds relatively firm, sees smallest loss against greenbackUpdated to New York afternoon timeBy Karen Brettell NEW YORK, Dec 31 (Reuters) - The U.S. dollar hit a two-yea...Reuters
Tue, Dec 31
Swiss central bank faces call to hold bitcoin in reserves
ZURICH, Dec 31 (Reuters) - A proposal to oblige the Swiss National Bank (SNB) to hold bitcoin was set in motion in an initiative published by the Swiss federal chancellery on Tuesday.The initiative proposes changing the law to make the Swiss central back hold part of its reserves in gold and bitcoin...Reuters
Tue, Dec 31
FOREX-Dollar dominates on cautious Fed, Trump trade
Dollar dominates rivals, set to post 6% annual gainJapanese yen among biggest losers on wide interest rate differentialSterling holds relatively firm, sees smallest loss against greenbackUpdated to New York morning time NEW YORK, Dec 31 (Reuters) - The U.S. dollar was on track to post an annual g...Reuters
Tue, Dec 31
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.3% lower at C$1.44 to the greenback, or 69.44 U.S. cents, after trading in a range of 1.4339 to 1.4408.Canadian government 10-year bond yields CA10YT=RR fe...Reuters
Tue, Dec 31
Montenegro says it extradites Terraform Lab co-founder to US
PODGORICA, Dec 31 (Reuters) - Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the United States, the interior ministry said.Kwon, a South Korean national, is the former CEO of South Korea-based Terraform Labs, the company behind the TerraUSD, a "stablecoin" designed to maintain...Reuters
Tue, Dec 31
FOREX-Dollar stands tall in 2024, propped up by cautious Fed, Trump trade
Updates in mid-morning European tradingBy Ankur Banerjee SINGAPORE, Dec 31 (Reuters) - The dollar slipped on the last trading day of the year on Tuesday but was poised to clock strong gains in 2024 against almost all currencies as investors prepared for fewer U.S. rate cuts and the incoming Trump...Reuters
Tue, Dec 31
Dollar stands tall in 2024, propped up by cautious Fed, Trump trade
Updates in mid-morning European tradingBy Ankur Banerjee SINGAPORE, Dec 31 (Reuters) - The dollar slipped on the last trading day of the year on Tuesday but was poised to clock strong gains in 2024 against almost all currencies as investors prepared for fewer U.S. rate cuts and the incoming Trump...Reuters
Tue, Dec 31
Steady sterling on track for best G10 performance against dollar in 2024
By Harry Robertson LONDON, Dec 31 (Reuters) - The pound was little changed on the final trading day of the year on Tuesday, leaving it on track to be the best performing major currency against the dollar this year as the UK economy has held up better than expected.Sterling has fallen 1.4% across ...Reuters
Tue, Dec 31
BUZZ-COMMENT-Market expectations grow for bigger dollar gains
Dec 31 (Reuters) - Speculative dollar long positions have continued to grow, highlighting expectations that the greenback looks set for even bigger gains in January and beyond.The speculative long position - derived from net contracts of International Monetary Market speculators in the euro, yen, po...Reuters
Tue, Dec 31
EUR/USD Price Analysis: Immediate resistance appears at nine-day EMA above 1.0400
EUR/USD recovers its recent losses from the previous session, trading around 1.0410 during the European hours on Tuesday. A review of the daily chart shows an ongoing bearish bias as the pair is confined within a descending channel pattern.
Fxstreet
Tue, Dec 31
EUR/USD maintains position above 1.0400, volumes remain light on New Year Eve
EUR/USD gains ground on Tuesday, trading near 1.0410 during the Asian session after posting losses on the previous day. The EUR/USD pair's rebound can be attributed to a subdued US Dollar (USD) following weaker Treasury yields.Fxstreet
Tue, Dec 31
