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BUZZ-COMMENT-Positioning is the biggest challenge for dollar bulls
Jan 23 (Reuters) - The biggest challenge for dollar bulls in the short-run is positioning. The last few months has seen a significant increase in dollar exposure and rightly so given the prevailing narrative. However, that positioning has become crowded – net longs sit at highest level since Novembe...Reuters
Jan 23, 2025
JPMorgan cuts Panama view on Trump's threat to 'take back' canal
By Marc Jones LONDON, Jan 23 (Reuters) - U.S. investment bank JPMorgan has downgraded its recommendation on Panama's bonds after U.S. President Donald Trump ramped up his threat this week to "take back" the Panama canal.The Central American country's bonds have been struggling sin...Reuters
Jan 23, 2025
BUZZ-COMMENT-USD bullish as a downside break could not be sustained
Jan 23 (Reuters) - As the U.S. dollar could not sustain its break below a key Fibonacci level, that could lead to gains in the days and weeks ahead for a currency that has been directionless recently.The dollar traded in narrow ranges against major peers on Thursday, as it continued to struggle for ...Reuters
Jan 23, 2025
BUZZ-COMMENT-Oil the unknown quantity that's key for currencies
Jan 23 (Reuters) - The direction of oil is key for currencies and although its surge in early 2025 supports those of producers such as the United States, it also heightens the chance that OPEC and Russia increase supply which could undermine the greenback.Crude has got cheaper but the drop below cru...Reuters
Jan 23, 2025
Sterling dips as traders remain cautious on Trump tariffs
By Harry Robertson LONDON, Jan 23 (Reuters) - The pound fell slightly on Thursday as currency markets remained focused on U.S. President Donald Trump's threats of tariffs in his early days back in the White House.Sterling GBP=D3 was last down 0.14% at $1.2311. It remains around 1.1% higher si...Reuters
Jan 23, 2025
Norway central bank keeps rate on hold, plans March cut
March cut "likely", Norges Bank chief saysInflation has declined but remains above targetSees uncertainty over trade barriersNorway currency weakens slightlyUpdates currency in paragraph 6, adds analyst in paragraphs 10-11, inflation outlook in paragraphs 12-15, bullet pointsBy Gwladys Fouch...Reuters
Jan 23, 2025
CEE MARKETS-Currencies steady, zloty holds gains as investors wait for Trump's plans
BUDAPEST, Jan 23 (Reuters) - Central European currencies were steady on Thursday with the Polish zloty holding on to the gains that drove it to nearly five-year highs the previous day, helped by a weakening dollar.Stock markets were also subdued after rising earlier this week, with investors eyeing ...Reuters
Jan 23, 2025
FOREX-Dollar steady as markets await Trump tariff clarity, central banks
Trump's mooted levies so far viewed as moderate Dollar has fallen since inaugurationBank of Japan set to raise rates on FridayUpdates in morning European tradingBy Kevin Buckland and Harry Robertson TOKYO/LONDON, Jan 23 (Reuters) - The dollar traded in narrow ranges against major peers on Thu...Reuters
Jan 23, 2025
BUZZ-COMMENT-Norway's crown still too weak for the Norges Bank
Jan 23 (Reuters) - The Norges Bank holds an interim policy meeting on Thursday at 0900 GMT and the domestic and external backdrop argues for rates to be held at 4.5% but with a nod to an eventual easing in March. Little has changed since the December meeting, but the crown remains weaker than the...Reuters
Jan 23, 2025
BUZZ-COMMENT-Norway's crown still too weak for the Norges Bank
Jan 23 (Reuters) - The Norges Bank holds an interim policy meeting on Thursday at 0900 GMT and the domestic and external backdrop argues for rates to be held at 4.5% but with a nod to an eventual easing in March. Little has changed since the December meeting, but the crown remains weaker than the...Reuters
Jan 23, 2025
Pound Sterling trades with caution as BoE seems certain to cut interest rates next month
The Pound Sterling (GBP) trades cautiously against its major peers on Thursday as the higher-than-expected United Kingdom (UK) Public Sector Net Borrowing in December has weighed on the economic outlook.Fxstreet
Jan 23, 2025
RPT-COLUMN-Third time lucky for 'Year of the Bond' call?: McGeever
Repeats with no changes to textBy Jamie McGeeverORLANDO, Florida, Jan 22 (Reuters) - After two years of significant underperformance by bonds, investors may have a hard time swallowing claims that 2025 will be the "year of the bond". But there are compelling reasons to believe this will be a...Reuters
Jan 23, 2025
BUZZ-COMMENT-Downward spiral for BRICS currencies may spin out of control
Jan 23 (Reuters) - The downward spiral of BRICS nations' currencies has brought some to record lows and pushed others towards points where the risks of disorderly movements could grow, a development that policymakers would find difficult to control.Brazil's real and the Indian rupee have tra...Reuters
Jan 23, 2025
