News
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INDIA RUPEE-Rupee may hover near 90, track subdued Asian FX as Fed decision looms
By Jaspreet KalraMUMBAI, Dec 10 (Reuters) - The Indian rupee may open slightly weaker on Wednesday, tracking subdued regional peers as investors await the U.S. Federal Reserve's policy decision and equity outflows temper recovery hopes for the unit. The 1-month non-deliverable forward indicated ...Reuters
Wed, Dec 10
FOREX-Yen weak, dollar steady in countdown to Fed
Yen nurses losses after broad fall overnightBOJ expected to hike in December, but future moves uncertainDollar, other currencies rangebound ahead of Fed outcomeBy Rae Wee SINGAPORE, Dec 10 (Reuters) - The yen looked punch-drunk on Wednesday after a sudden spill overnight, pressured by wide intere...Reuters
Wed, Dec 10
NZD/USD flat lines below 0.5800, close to one-month top ahead of China inflation data
The NZD/USD pair holds steady during the Asian session on Wednesday and for now, seems to have stalled the previous day's modest pullback from the 0.5800 neighborhood, or its highest level since late October.
Fxstreet
Wed, Dec 10
Markets anxious over Japan's risk of 'negative spiral,' top bank MUFG exec says
Markets are increasingly worried about Japan's "tail risk" of slipping into a negative spiral, where monetary tightening lags inflation and a weak yen pushes prices higher, the markets chief at top lender Mitsubishi UFJ Financial Group 8306.T said.Reuters
Wed, Dec 10
Australian dollar zooms past yen as yields keep climbing
Aussie hits 16-month top on yen as yields keep climbing Hawkish RBA sees market price 30% chance of Feb hikeBonds extend losses after two-week drubbingBy Wayne Cole SYDNEY, Dec 10 (Reuters) - The Australian and New Zealand dollars were on firm footing on Wednesday as a continuing surge in local b...Reuters
Wed, Dec 10
USD/JPY rises to two-week highs near 157.00 on robust US jobs data, Fed rate decision in focus
The USD/JPY pair climbs to two-week highs near 156.90 during the early Asian session on Wednesday. The stronger US jobs data provide some support to the US Dollar (USD) against the Japanese Yen (JPY). All eyes will be on the US Federal Reserve (Fed) interest rate decision later on Wednesday.
Fxstreet
Tue, Dec 9
EUR/USD steady as markets gear up for Fed decision, Powell´s guidance
EUR/USD continues to trade sideways poised to finish Tuesday’s session with minuscule losses of 0.09% as market participants wait for the Federal Reserve’s monetary policy decision on Wednesday. At the time of writing, the pair trades at 1.1626.
Fxstreet
Tue, Dec 9
FOREX-US dollar rises after jobs data; Fed cut expected but hawkish comments likely
Focus on Fed meeting, with rate cut all but priced inInvestor confidence brittle after earthquake strikes JapanAussie dollar gains as RBA rules out easingCryptocurrencies rally: bitcoin, ether upBy Gertrude Chavez-Dreyfuss NEW YORK, Dec 9 (Reuters) - The U.S. dollar advanced on Tuesday as bet...Reuters
Tue, Dec 9
CANADA FX DEBT-Canadian dollar steadies ahead of BoC interest rate decision
Canadian dollar trades in a range of 1.3824 to 1.3860Price of oil decreases 1.2%Microsoft to invest more than C$7.5 billion in CanadaBond yields rise across the curveBy Fergal Smith TORONTO, Dec 9 (Reuters) - The Canadian dollar steadied against its U.S. counterpart on Tuesday as oil prices fell ...Reuters
Tue, Dec 9
New Zealand Dollar stalls below 0.5800 ahead of Fed decision
NZD/USD trades around 0.5780 on Tuesday at the time of writing, virtually unchanged on the day. The New Zealand Dollar (NZD) is attempting to extend its rebound, but the US Dollar (USD) has regained a touch of support, limiting the pair’s upward momentum.Fxstreet
Tue, Dec 9
Central bank independence essential for monetary stability, ECB's Panetta says
ROME, Dec 9 (Reuters) - The independence of central banks is essential for monetary stability, Bank of Italy Governor Fabio Panetta said on Tuesday, amid a spat between the Italian government and the European Central Bank over the country's gold reserves.The ECB urged Rome on Monday to reconside...Reuters
Tue, Dec 9
Mature markets push global debt to record near $346 trillion, says IIF
Government borrowing primary driver, fiscal stimulus packages to increase debtEmerging markets face $8 trillion redemptions, mature markets $16 trillion refinancingUS Supreme Court decision on tariffs could increase fiscal pressureBy Rodrigo Campos NEW YORK, Dec 9 (Reuters) - Developed markets le...Reuters
Tue, Dec 9
FOREX-US dollar gains after jobs report, as Fed decision nears
Focus on Fed meeting, with rate cut all but priced inInvestor confidence brittle after earthquake strikes JapanAussie dollar gains as RBA rules out easingBy Lucy Raitano and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, Dec 9 (Reuters) - The U.S. dollar rose on Tuesday ahead of an expected rate cut f...Reuters
Tue, Dec 9
USD/JPY extends advance as firmer US labour data lifts the Dollar ahead of Fed decision
The Japanese Yen (JPY) weakens against the US Dollar (USD) on Tuesday, with USD/JPY extending gains for the third straight day as the Greenback strengthens following firmer labour-market signals. At the time of writing, the pair is trading near 156.90, its highest level since November 25.Fxstreet
Tue, Dec 9
GBP/USD pulls back as Dollar firms on JOLTS strength ahead of policy meeting
GBP/USD drops below the key support level seen at the 200-day Simple Moving Average (SMA) of 1.3331 and weakens some 0.21% on Tuesday as traders brace for the policy decision of the Federal Reserve on Wednesday. At the time of writing, the pair trades below 1.3300 after reaching a high of 1.3356.Fxstreet
Tue, Dec 9
