News
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ECB to cut interest rates, keep door open to further easing
Deposit rate seen down 25 bps to 2.75%More rate cuts are comingEconomy is weak and could take a hit from a trade warDecision at 1315 GMT, Lagarde press conference at 1345 GMTBy Balazs Koranyi and Francesco Canepa FRANKFURT, Jan 30 (Reuters) - The European Central Bank is all but certain to cut in...Reuters
Jan 29, 2025
CANADA FX DEBT-Canadian dollar edges lower as BoC cuts rates on tariff risk
Canadian dollar weakens 0.2% against the greenbackTrades in a range of 1.4393 to 1.4471Bank of Canada cuts by 25 basis pointsCanada-US 2-year spread widens to 141 basis pointsUpdates market prices and adds details on activityBy Fergal Smith TORONTO, Jan 29 (Reuters) - The Canadian dollar weakened...Reuters
Jan 29, 2025
FOREX-US dollar firms against peers after Fed holds rates steady
Updates prices throughout, adds comments from Powell press conference, adds fresh analyst quote and more backgroundDollar strengthens against Swiss francCanadian dollar weakens as Bank of Canada cuts ratesEuro loses ground ahead of ECB decisionBy Chibuike Oguh NEW YORK, Jan 29 (Reuters) - The U.S...Reuters
Jan 29, 2025
EMERGING MARKETS-Latin American markets waver after Fed holds rates steady; focus turns to Brazil's central bank
Updates to mid-session tradingMarkets await Brazilian central bank's policy decision Mexico's Sheinbaum does not see tariffs coming on Feb. 1Chile's central bank keeps rates on hold Peru plans bond sales, Reuters report says MSCI's Latin American currencies up 0.1%, stocks down 0.1% ...Reuters
Jan 29, 2025
BUZZ-COMMENT-US recap: EUR/USD down after Fed boosts dollar
Jan 29 (Reuters) - The U.S. dollar index rose alongside Treasury yields on Wednesday after the Fed held its policy corridor steady at 4.25-4.50%, as expected, and dropped language that inflation is progressing toward its 2% goal. The Fed sees its inflation and unemployment goals as roughly in balanc...Reuters
Jan 29, 2025
USD/JPY stays steady as Fed holds rates, turns mildly hawkish
The USD/JPY remained unfazed during the North American session after the US Federal Reserve (Fed) maintained the fed funds rate at the 4.25%—4.50% range while shifting slightly hawkish after acknowledging there's no inflation improvement.
Fxstreet
Jan 29, 2025
GBP/USD churns after Fed holds rates steady, more volatility in the barrel
GBP/USD knocked into some fresh volatility, testing down in intraday chart action and testing below 1.2435 in response to the Federal Reserve's (Fed) recent decision to maintain the interest rate at 4.25%-4.50%.Fxstreet
Jan 29, 2025
CANADA FX DEBT-Canadian dollar dips as BoC rate cut adds to interest rate divergence
Canadian dollar weakens 0.1% against the greenbackTrades in a range of 1.4393 to 1.4471Bank of Canada cuts by 25 basis pointsCanada-US 2-year spread widens to 141 basis pointsBy Fergal Smith TORONTO, Jan 29 (Reuters) - The Canadian dollar weakened against the greenback on Wednesday as the Bank of...Reuters
Jan 29, 2025
RPT-BUZZ-COMMENT-Fed-speak roundup: cautiously optimistic
Repeats with no changes (originally posted Jan 27Jan 29 (Reuters) - With markets fully priced for a pause in monetary policy at the upcoming Federal Reserve decision, the focus will be on the accompanying statement and Chair Jerome Powell’s press conference. Commentary from Fed officials since Decem...Reuters
Jan 29, 2025
Canadian Dollar recedes after BoC cuts rates and ends QT
The Canadian Dollar shed one-quarter of one percent against the Greenback on Wednesday, falling back after the Bank of Canada (BoC) slashed another 25 bps from interest rates, bringing the BoC’s main reference rate down to 3.0%.Fxstreet
Jan 29, 2025
BoE's Bailey 'optimistic' about new capital rules, despite US concerns
Re-leads with Bailey voicing optimism about new Basel rules, paragraphs 1-3, background paragraphs 4-7By David Milliken and Suban Abdulla LONDON, Jan 29 (Reuters) - Bank of England Governor Andrew Bailey said he was optimistic that tougher global bank capital rules would ultimately come into forc...Reuters
Jan 29, 2025
QUOTES-Top Bank of Canada officials speak after latest interest rate cut
TORONTO, Jan 29 (Reuters) - Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank cut its key policy rate by 25 basis points to 3%.MACKLEM ON C$: "Has the movement in the Canada-U....Reuters
Jan 29, 2025
FOREX-US dollar firms as investors await Fed interest rate decision
Markets expect Fed to hold rates steadyInvestors weigh Trump tariff policiesUpdates headline, first paragraph and prices throughout, adds fresh analyst quoteBy Chibuike Oguh and Greta Rosen Fondahn NEW YORK, Jan 29 (Reuters) - The U.S. dollar was firmer against major currencies on Wednesday as in...Reuters
Jan 29, 2025
