News
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INSTANT VIEW-ECB cuts rates again
LONDON, Jan 30 (Reuters) - The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation.It was the fifth ECB rate cut since June and markets expect two or three more t...Reuters
Jan 30, 2025
Euro zone bond yields, euro steady after ECB rate cut
LONDON, Jan 30 (Reuters) - Euro zone government bond yields and the euro held steady on Thursday after the European Central Bank cut interest rates by 25 basis points to 2.75%, as expected. The German 10-year bond yield DE10YT=RR, the benchmark for the euro area, was last down 6 basis points on the ...Reuters
Jan 30, 2025
ECB cuts interest rates and keeps more easing on table
FRANKFURT, Jan 30 (Reuters) - The European Central Bank cut interest rates as expected on Thursday and kept more easing on the table, sticking to its view that inflation in the euro zone is increasingly under control despite concerns about global trade.The fifth ECB rate cut since June, which had be...Reuters
Jan 30, 2025
Sterling treads water as markets look to Bank of England
LONDON, Jan 30 (Reuters) - The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate with the Bank of England next week.Sterling GBP=D3 stood at $1.2441, after holding broadly steady the previous day as the U.S. Federal Reserve held...Reuters
Jan 30, 2025
Polish c.bank says it is not considering investing in cryptocurrencies
WARSAW, Jan 30 (Reuters) - The Polish central bank has not invested in cryptocurrencies and is not considering investing in them as they constitute an asset class with very high risk, the bank said on Thuesday in an emailed response to Reuters' questions. The Czech National Bank governor said on...Reuters
Jan 30, 2025
EMERGING MARKETS-FX stable after Fed decision; rand up before expected rate cut
US Fed holds rates, sees no hurry to cut ECB, South Africa central bank decision awaited Turkish economic confidence rises in January MSCI EM FX off 0.1%, stocks flatBy Purvi Agarwal Jan 30 (Reuters) - Most emerging market currencies were steady against the dollar on Thursday after the U.S. Feder...Reuters
Jan 30, 2025
BUZZ-COMMENT-Record US goods trade gap adds to febrile FX mood
Jan 30 (Reuters) - News that the U.S. goods trade deficit ballooned to a record high in December is helping to keep U.S. tariff-related risks at the forefront of foreign exchange traders' minds. Data published on Wednesday showed that the U.S. goods trade deficit soared by 18% to $122 billion in...Reuters
Jan 30, 2025
FOREX-Yen edges up against euro, dollar as rate outlooks diverge
Yen up around 0.4% across the majorsMarkets priced for ECB rate cut, focus on outlookDollar see-saws on hawkish Fed statement, balanced PowellUpdates in morning trading in EuropeBy Wayne Cole SYDNEY, Jan 30 (Reuters) - The yen made broad gains on Thursday as Japan looks on track to keep raising i...Reuters
Jan 30, 2025
BUZZ-COMMENT-No wonder a safe and rewarding dollar is rising
Jan 30 (Reuters) - The dollar as the world reserve currency is safe and it is supported by a relatively high interest rate that rewards those invested in this extremely liquid asset while they hold it.That the dollar is very liquid is important as those who own dollars know they can exchange it quic...Reuters
Jan 30, 2025
