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RPT-ROI-Japan fiscal experiment is lab test for Treasuries: Mike Dolan
By Mike Dolan LONDON, Nov 24 (Reuters) - Much has been made of whether Japan's market fright at yet more fiscal stimulus and political leaning on the central bank apes Britain's bond blowout from 2022, but there are warnings for the U.S. Treasury too. In an unusual and alarming patte...Reuters
Mon, Nov 24
Pound steady as markets await Britain's budget
By Ozan Ergenay LONDON, Nov 24 (Reuters) - The pound held steady against the dollar on Monday, with investors cautious about the currency ahead of Britain's budget announcement this week.Finance Minister Rachel Reeves will announce her long-awaited budget on Wednesday, seeking to reassure in...Reuters
Mon, Nov 24
EUR/JPY advances on Yen weakness driven by fiscal risks, low rate outlook
EUR/JPY trades around 180.70, up 0.35% on Monday at the time of writing. The cross benefits from renewed selling pressure on the Japanese Yen (JPY), weakened by persistent concerns over Japan’s fiscal trajectory and doubts over an imminent rate hike by the Bank of Japan (BoJ).
Fxstreet
Mon, Nov 24
EMERGING MARKETS-EM assets rebound on Ukraine peace deal hopes, rising US rate-cut bets
MSCI global EM FX up 0.1%, stocks gain 0.5%Markets rebound after last week's sell-off Ukraine bonds rally on prospects of peace deal Israel rate decision in focus By Purvi Agarwal Nov 24 (Reuters) - stMost emerging market stocks and currencies staged a recovery on Monday due to increasing exp...Reuters
Mon, Nov 24
EUR: Lower energy costs lift euro’s terms of trade to yearly high – ING
European natural gas prices have fallen below EUR 30/MWh for the first time since May, boosting Europe’s terms of trade and offering relief to its struggling manufacturing sector, ING's FX analyst Chris Turner notes.Fxstreet
Mon, Nov 24
FOREX-Weak yen fuels intervention risk; dollar sags as traders bet on Fed cuts
Yen intervention possible in holiday-thinned weekUK budget, RBNZ in focusMoves in euro muted as traders ponder Ukraine peace plan By Ozan Ergenay and Tom Westbrook LONDON/SINGAPORE, Nov 24 (Reuters) - The yen was the worst performer against an otherwise weaker dollar on Monday, as investors...Reuters
Mon, Nov 24
NZD/USD slips near 0.5600 due to dovish RBNZ outlook
NZD/USD loses ground after registering modest gains in the previous session, trading around 0.5610 during the European hours on Monday. The pair depreciates as the New Zealand Dollar struggles on dovish sentiment surrounding the Reserve Bank of New Zealand (RBNZ) policy outlook.
Fxstreet
Mon, Nov 24
NZD/USD Price Forecasts: First signs of exhaustion below 0.5600
The New Zealand Dollar is struggling to find acceptance above 0.5600 on Monday, after bouncing from multi-month lows at 0.5570. The pair maintains its broader bearish trend intact, amid hopes of further RBNZ easing later this week.Fxstreet
Mon, Nov 24
USD/CAD Price Forecast: Trades around 1.4100 due to bullish bias
USD/CAD recovers its recent losses from the previous session, trading around 1.4100 during the early European hours on Monday. The daily chart’s technical setup reflects a persistent bullish bias, with the pair remaining within its ascending channel pattern.Fxstreet
Mon, Nov 24
