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INDIA RUPEE-Rupee to dip on US tariff woes, RBI rate-cut bets; Fed's decision awaited
By Nimesh Vora MUMBAI, Jan 29 (Reuters) - The Indian rupee is poised to open lower on Wednesday, weighed down by renewed worries over U.S. tariffs and increased odds that the Reserve Bank of India would cut interest rates next week.The 1-month non-deliverable forward indicated that the rupee INR...Reuters
Jan 29, 2025
Japanese Yen remains on the back foot against USD; focus remains on Fed
The Japanese Yen (JPY) remains on the defensive against its American counterpart during the Asian session on Wednesday, though it lacks bearish conviction amid expectations of more interest rate hikes by the Bank of Japan (BoJ).
Fxstreet
Jan 29, 2025
Australian dollar slips as soft inflation stokes rate cut bets
By Wayne Cole SYDNEY, Jan 29 (Reuters) - The Australian dollar hit a one-week low on Wednesday as a surprisingly soft reading on domestic inflation stoked wagers on a near-term cut in interest rates, sending bond yields lower.Data showed consumer prices rose 0.2% in the December quarter, while th...Reuters
Jan 29, 2025
BUZZ-USD/JPY back to familiar range after early week swoon
USD/JPY bounced after swoon to 153.72 Monday, back in familiar rangeSwoon likely an outlier, back to core 154.50-156.50/154.00-157.00 rangeUSD/JPY 155.44-63 EBS so far in Asia, quiet, much of Asia on holiday todaySupport from 155.40/30 hourly tenkan/55-HMA, hourly Ichi cloud 154.76-155.1555-DMA at 1...Reuters
Jan 29, 2025
Brazil central bank announces $2 bln dollar auction with repurchase agreement
Adds details of the auction in paragraphs 2-3SAO PAULO, Jan 28 (Reuters) - The Brazilian central bank will offer up to $2 billion at a dollar auction with repurchase agreement on Wednesday morning, the monetary authority announced in a statement on Tuesday. The auction, which will start at 10:20 am ...Reuters
Jan 28, 2025
Chubb in record $1.58bn Q4 P&C UW gain as it discloses $1.5bn Q1 LA wildfire estimate
By James ThalerJan 28 - (The Insurer) - Chubb’s underwriting gain grew by 3.8 percent to a record $1.58bn in Q4 2024, driven by net earned premiums that increased by 8.1 percent and an improved core loss ratio as well as higher reserve releases, which helped offset pre-tax cat losses that doubled to...Reuters
Jan 28, 2025
