News
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Fed reappoints 11 regional bank presidents in unanimous vote
Dec 11 (Reuters) - The Federal Reserve on Thursday said 11 of its regional bank presidents had been reappointed to their positions with the unanimous agreement of the U.S. central bank's Board of Governors, wrapping up an ordinarily routine process that had come under heightened scrutiny amid pr...Reuters
Fri, Dec 12
EUR/USD continues its rise as Dollar retreats on Fed action and soft data
EUR/USD advances during the North American on Thursday up 0.41% after the Fed decided to cut rates, alongside the release of weaker than expected job data in the United States (US). At the time of writing, the pair trades at 1.1742 after bouncing off daily lows of 1.1682.
Fxstreet
Thu, Dec 11
FOREX-US dollar sags as Fed outlook undermines; Swiss franc gets SNB lift
Fed outcome less hawkish than expectedDollar soft; euro, sterling hit new highsFed to start buying Treasury bills to manage market liquiditySouring risk mood sends Aussie, cryptos slidingSNB leaves rates steady, franc strong By Gertrude Chavez-Dreyfuss and Alun John NEW YORK/LONDON, Dec 11 (Reute...Reuters
Thu, Dec 11
Fed regional bank presidents reappointed in unanimous vote
Dec 11 (Reuters) - The U.S. Federal Reserve's Board of Governors on Thursday said the system's regional bank presidents had been reappointed to their positions with unanimous agreement of the seven board members.Their new five-year terms will begin on March 1, the Fed said in a statement. Th...Reuters
Thu, Dec 11
AUD/USD Price Forecast:Overbought signals emerge as pair tests yearly peak
The Australian Dollar (AUD) rebounds sharply against the US Dollar (USD) on Thursday, shrugging off earlier weakness triggered by softer-than-expected Australian employment data as selling pressure on the Greenback intensifies following weaker US Initial Jobless Claims.
Fxstreet
Thu, Dec 11
Lula, Maduro held unpublicized call last week, O Globo reports
SAO PAULO, Dec 11 (Reuters) - Brazil's President Luiz Inacio Lula da Silva had an unpublicized call with his Venezuelan counterpart Nicolas Maduro last week, Brazilian newspaper O Globo reported on Thursday, citing sources. According to the report, during the "friendly" call Lula express...Reuters
Thu, Dec 11
EUR/USD hits nine-week highs as soft US Jobless data pressures the Dollar
The Euro (EUR) extends its advance against the US Dollar (USD) on Thursday as the Greenback slides to multi-week lows following the latest US Initial Jobless Claims release. At the time of writing, EUR/USD is trading around 1.1748, its highest level since October 3.Fxstreet
Thu, Dec 11
CANADA FX DEBT-Canadian dollar touches nearly three-month high after surprise trade surplus
Canadian dollar gains 0.2% against the greenbackTouches its strongest level since September 17 at 1.3757Canada posts trade surplus in SeptemberCanada-US 10-year spread touches narrowest since September 2024By Fergal Smith TORONTO, Dec 11 (Reuters) - The Canadian dollar strengthened to nearly a th...Reuters
Thu, Dec 11
Competitive markets could lift Latin America's output, reduce inequality, IDB says
Regulatory reforms needed to address market concentration, institutional weaknesses, IDB report saysFragmentation hinders market connectivity, labor access, report saysHigh logistics costs keep companies around the region small and insulatedBy Rodrigo CamposNEW YORK, Dec 11 (Reuters) - Latin America...Reuters
Thu, Dec 11
FOREX-US dollar sinks as Fed outlook weighs; SNB boosts Swiss franc
Fed outcome less hawkish than expectedDollar soft; euro, sterling hit new highsFed to start buying Treasury bills to manage market liquiditySouring risk mood sends Aussie, cryptos slidingSNB leaves rates steady, franc strong By Rae Wee, Alun John and Gertrude Chavez-Dreyfuss SINGAPORE/LONDON/NEW ...Reuters
Thu, Dec 11
CORRECTED-ROI-Fade the Fed, global rates are heading higher: Mike Dolan
By Mike Dolan LONDON, Dec 11 (Reuters) - Whatever the Federal Reserve does from here - even after cutting rates on Wednesday and signaling one further cut - borrowing costs elsewhere are rising again as the global interest‑rate cycle turns. This shift will likely rein in some of the more optimist...Reuters
Thu, Dec 11
GBP/USD climbs above 1.34 as Fed cut and soft US data weigh on Dollar
Sterling rallies during the North American session, up over 0.68% after the Federal Reserve delivered as expected a 25-basis points rate cut and a softer than expected jobs report, weighed on the Dollar. At the time of writing, the GBP/USD trades at 1.3417 after bouncing off daily lows of 1.3354.Fxstreet
Thu, Dec 11
LGHL Announces Acquisition Of Bitcoin Following The Subsequent Closing Under $600 Million Facility
Dec 11 (Reuters) - Lion Group Holding Ltd LGHL.O:LGHL ANNOUNCES ACQUISITION OF BITCOIN FOLLOWING THE SUBSEQUENT CLOSING UNDER $600 MILLION FACILITYLION GROUP HOLDING LTD - BUYS 88.49 BITCOIN UNITS FOR $8 MILLIONLION GROUP HOLDING LTD - AS OF DEC 11, TREASURY HOLDS 88.49 BTC, 194,727 HYPE, 10,820 SOLReuters
Thu, Dec 11
Sterling holds onto gains on dollar, awaits data
LONDON, Dec 11 (Reuters) - Sterling held onto its gains against a dollar pressured by the Federal Reserve but slipped against a resurgent euro on Thursday, as the British currency took its cues from broader market moves ahead of key domestic economic data.Monthly GDP data is due on Friday, and that,...Reuters
Thu, Dec 11
FOREX-Dollar slides as traders digest Fed meeting, SNB boosts Swiss franc
Fed outcome less hawkish than expectedDollar soft; euro, sterling hit new highsFed to start buying Treasury bills to manage market liquiditySouring risk mood sends Aussie, cryptos slidingSNB leaves rates steady, franc strong By Rae Wee and Alun John SINGAPORE/LONDON, Dec 11 (Reuters) - The dollar...Reuters
Thu, Dec 11
