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FOREX-Dollar choppy as risk-off mood, dovish Fed unsettle markets
Souring risk mood sends Aussie, cryptos slidingFed outcome less hawkish than expectedDollar soft; euro, sterling hit new highsFed to start buying Treasury bills to manage market liquidityBy Rae Wee SINGAPORE, Dec 11 (Reuters) - The dollar found some support on Thursday from a broad risk-off mood ...Reuters
Thu, Dec 11
Italy's Bancomat plans euro-pegged stablecoin to boost digital payments
Bancomat stablecoin backed by euro debt for trusted issuersInteroperability central to Bancomat's cross-border payment pushEuro stablecoins grow under MiCA, but dollar tokens dominateEBA urges caution on stablecoin risk exposureBy Valentina Za MILAN, Dec 11 (Reuters) - Italian payment network...Reuters
Thu, Dec 11
Many UK firms say volatile pound triggered losses in 2025, need to hedge grows
LONDON, Dec 11 (Reuters) - Nearly half of UK businesses surveyed by FX and cash management solutions provider MillTech say that they have lost money due to a volatile pound and plan to hedge more of their currency risk, and for longer, a report released on Thursday showed.The report ...Reuters
Thu, Dec 11
Trump plans envision major U.S. investment in Russia, restoring oil flows to Europe, WSJ says
MOSCOW, Dec 11 (Reuters) - U.S. President Donald Trump's plan for peace in Ukraine includes proposals to restore Russian energy flows to Europe, major U.S. investment in Russian rare earths and energy, and tapping frozen Russian sovereign assets, the Wall Street Journal said.The newspaper said t...Reuters
Thu, Dec 11
USD/INR gains sharply amid uncertainty surrounding US-India trade talks
The Indian Rupee (INR) faces intense selling pressure against the US Dollar (USD) at open on Thursday. The USD/INR pair jumps to near 90.40 as the Indian Rupee slumps amid uncertainty surrounding trade talks between the United States (US) and India.Fxstreet
Thu, Dec 11
INDIA RUPEE-Rupee weakens as corporate dollar outflows eclipse Fed boost
By Jaspreet Kalra MUMBAI, Dec 11 (Reuters) - The Indian rupee weakened on Thursday, weighed down by outflows tied to near-term dollar payments by local corporates, which offset the positive impulse from the Federal Reserve's rate cut and less-hawkish-than-anticipated commentary.The rupee INR=...Reuters
Thu, Dec 11
EUR/USD holds below 1.1700 despite Fed rate cut, US Jobless Claims data eyed
The EUR/USD pair posts modest losses near 1.1690 during the early European trading hours on Thursday. However, the US Federal Reserve's (Fed) dovish rate cut on Wednesday could weigh on the US Dollar (USD) against the Euro (EUR).
Fxstreet
Thu, Dec 11
FOREX-Dollar stumbles as dovish Fed tempts bears
Fed outcome less hawkish than fearedDollar falls; euro, sterling hit new highsFed to start buying Treasury bills to manage market liquiditySouring risk mood sends cryptos slidingBy Rae Wee SINGAPORE, Dec 11 (Reuters) - The dollar fell out of favour on Thursday after the Federal Reserve delivered ...Reuters
Thu, Dec 11
Japanese Yen extends gains vs bearish USD amid hawkish BoJ stance, dovish Fed outlook
The Japanese Yen (JPY) builds on the previous day's strong move up against a broadly weaker US Dollar (USD) and gains some follow-through positive traction for the second straight day on Thursday.
Fxstreet
Thu, Dec 11
INDIA RUPEE-Rupee likely to open higher as Fed outlook pushes back dollar
By Jaspreet Kalra MUMBAI, Dec 11 (Reuters) - The Indian rupee is expected to open stronger on Thursday, tracking gains in Asian peers after an anticipated U.S. Federal Reserve rate cut and a less-hawkish-than-feared outlook triggered a broad retreat in the dollar.The 1-month non-deliverable forwa...Reuters
Thu, Dec 11
Australia, New Zealand dollars gain on greenback as rate outlooks diverge
By Wayne Cole SYDNEY, Dec 11 (Reuters) - The Australian and New Zealand dollars held near multi-month highs on Thursday after a U.S. rate cut dragged on the greenback, while domestic jobs data were too mixed to provide further momentum.The Aussie stood at $0.6665 AUD=D3, having climbed 0.5% overn...Reuters
Thu, Dec 11
FOREX-Dollar slides as Fed dents hawks, markets eye two more rate cuts
Fed outcome less hawkish than fearedDollar slides; euro, sterling hit new highsFed to start technical buying of Treasury bills to manage market liquidityBy Rae Wee SINGAPORE, Dec 11 (Reuters) - The dollar fell on Thursday after the Federal Reserve delivered an outlook that was not as hawkish as s...Reuters
Thu, Dec 11
Canadian Dollar makes fresh headway following another Fed rate cut
The Canadian Dollar (CAD) found fresh 11-week highs against the US Dollar (USD) on Wednesday. The Bank of Canada (BoC) held interest rates steady, while the Federal Reserve (Fed) delivered its third straight interest rate cut, propping up the Loonie and sending the Greenback lower.Fxstreet
Thu, Dec 11
