News
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Pound Sterling remains on tenterhooks amid increasing BoE interest rate cut bets
The Pound Sterling (GBP) trades mixed against its major peers on Tuesday, facing pressure as traders remain increasingly confident that the Bank of England (BoE) will cut interest rates by 25 basis points (bps) to 3.75% at its monetary policy meeting next week.
Fxstreet
Tue, Dec 9
Australian dollar climbs as RBA puts rate hikes on table
By Wayne Cole SYDNEY, Dec 9 (Reuters) - The Australian dollar popped higher on Tuesday after the head of the country's central bank ruled out further rate cuts and put a possible tightening on the table should inflation not cool as desired, sending bonds reeling. The comments from Reserve Ban...Reuters
Tue, Dec 9
Australia's central bank flags rate hike risk as it ends brief easing cycle
RBA leaves cash rate at 3.60%, says inflation risks tilt upwardDomestic demand stronger than expected, adding to capacity pressuresBullock rules out cuts, future decision between long hold or hikeBy Stella Qiu and Wayne ColeSYDNEY, Dec 9 (Reuters) - Australia's central bank on Tuesday ruled out ...Reuters
Tue, Dec 9
ANALYSIS-Euro's hidden strength could muddy the ECB's 'good place'
By Stefano Rebaudo Dec 9 (Reuters) - The strength of the euro is amplifying the deflationary effect of China’s export machine, which may end up being the catalyst that could jolt the European Central Bank out of its "good place" and into more interest rate cuts.The euro EUR= is around $1....Reuters
Tue, Dec 9
FOREX-Aussie dollar gains after RBA holds as Fed meeting nears
Investor confidence brittle after earthquake strikes JapanU.S. Treasury bonds stabilise after three-day selloffYen firmer after 5-year JGB auction attracts bidsBy Gregor Stuart Hunter SINGAPORE, Dec 9 (Reuters) - The Australian dollar strengthened after the Reserve Bank of Australia kept rate...Reuters
Tue, Dec 9
USD/INR ticks down as FIIs selling momentum cools down, outlook remains firm
The Indian Rupee (INR) trades mildly higher against the US Dollar (USD) at open on Tuesday. The USD/INR pair ticks down to near 90.30, but remains close to its all-time high of 90.70, amid a slowdown in the pace of foreign outflow from the Indian stock market.Fxstreet
Tue, Dec 9
EUR/JPY Price Forecast: Holds above 181.50, positive view remains intact
The EUR/JPY cross trades on a firmer note around 181.60 during the early European session on Tuesday. The Japanese Yen (JPY) softens against the Euro (EUR) after a massive 7.6-magnitude earthquake shook northeastern Japan late on Monday, which briefly raised concerns about economic disruptions.
Fxstreet
Tue, Dec 9
Australian dollar steady as RBA holds rates, mum on guidance
By Wayne Cole SYDNEY, Dec 9 (Reuters) - The Australian dollar was little moved on Tuesday after the country's central bank held interest rates steady as expected and cautioned that inflation risks had tilted higher, but stopped well short of flagging hikes.The Reserve Bank of Australia wrappe...Reuters
Tue, Dec 9
AUD/JPY weakens below 103.50 as RBA leaves interest rate unchanged at 3.6%
The AUD/JPY cross loses momentum to near 103.20 during the Asian trading hours on Tuesday. The Australian Dollar (AUD) edges lower against the Greenback after the Reserve Bank of Australia (RBA) interest rate decision.
Fxstreet
Tue, Dec 9
BREAKINGVIEWS-India counts the cost of its US trade deal limbo
By Shritama BoseMUMBAI, Dec 9 (Reuters Breakingviews) - India’s trade frictions with Washington are rippling through the rupee INR=IN. Its sharp 3% decline against the U.S. dollar USD= since late October, when the United States slapped fresh sanctions on two Russian oil producers, equals the currenc...Reuters
Tue, Dec 9
AUD/NZD slides to near 1.1440 as RBA holds OCR steady at 3.6%, as expected
The AUD/NZD pair falls sharply to near 1.1440 as the Reserve Bank of Australia (RBA) has kept its Official Cash Rate (OCR) steady at 3.6%. The RBA was expected to do so as inflation in Australia grew at a faster pace in the third quarter of the year.
Fxstreet
Tue, Dec 9
USD/CAD trades with negative bias around mid-1.3800s; Trump’s tariff threat limit losses
The USD/CAD pair struggles to capitalize on the previous day's goodish recovery from the 1.3800 mark, or its lowest level since September 22, and edges lower during the Asian session on Tuesday.
Fxstreet
Tue, Dec 9
Australian Dollar holds steady below multi-month top vs USD; RBA decision awaited
The Australian Dollar (AUD) consolidates against its American counterpart during the Asian session on Tuesday and, for now, seems to have stalled the previous day's modest pullback from its highest level since September 18.
Fxstreet
Tue, Dec 9
NZD/USD declines below 0.5800 ahead of US employment data, Fed rate decision
The NZD/USD pair declines to around 0.5775 during the early Asian session on Tuesday. The US Dollar (USD) strengthens against the New Zealand Dollar (NZD) as markets brace for a hawkish cut from the US Federal Reserve (Fed) on Wednesday.Fxstreet
Tue, Dec 9
