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CORRECTED-FOREX-Dollar turns lower, yen strengthens ahead of Trump inauguration
Corrects the size of a possible BOJ rate increase in paragraph 2 to 25 basis points, not 50 basis pointsDollar weakened as markets prepare for Trump inaugurationTraders saw Bessent's performance as expectedYen firms vs dollar on possible BOJ rate hikesBy Laura Matthews NEW YORK, Jan 16 (Reuters) ...Reuters
Jan 17, 2025
BUZZ-Japanese back buying foreign bonds, foreign Japan bill buys
Japanese back buying foreign bonds in week-ended Jan 11 - MOF dataNet Y756.7 bln foreign bonds, Y173.7 bln bills, Y589.1 bln stocks boughtForeign bond buys reverse Y332.3 bln in sales previous weekNo doubt wider JGB-US Treasury rate differentials played a partNarrowing this week suggests next set of...Reuters
Jan 17, 2025
BUZZ-USD/JPY on back foot on lower US yields, CB speculation
USD/JPY off some more overnight on even lower US yields, CB speculationMore players on BOJ rate hike bandwagon on Gov Ueda, Himino talk of debateView also Fed may cut rates sooner, faster if disinflation holds upThat said, US economy still resilient - sales good and labor on solid groundUSD/JPY 156....Reuters
Jan 17, 2025
GBP/JPY pumps the brakes, extends into a two day backslide
GBP/JPY pivoted back into the low end on Tuesday, extending into a second day of losses after UK economic growth and activity figures pummeled the Pound Sterling, and GBP traders will be shuffling their feet ahead of Friday’s UK Retail Sales figures for December.
CANADA FX DEBT-Canadian dollar posts biggest decline among G10 currencies
Loonie weakens 0.4% against the U.S. dollarTrades in a range of 1.4323 to 1.44Price of U.S. oil settles 1.7% lower10-year yield falls 10.2 basis points to 3.317%By Fergal Smith TORONTO, Jan 16 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Thursday and bond yields eased,...Reuters
Jan 16, 2025
Argentina central bank orders payment processors facilitate dollar-denominated payments
BUENOS AIRES, Jan 16 (Reuters) - Argentina's central bank on Thursday passed regulations to promote currency competition, the monetary authority said, including allowing dollar-denominated commercial payments in the local market.Payment processors have until Feb. 28 to roll out tools to streamline c...Reuters
Jan 16, 2025
BUZZ-COMMENT-US recap: EUR/USD firms as dovish Waller helps subdue dollar
Jan 16 (Reuters) - The dollar index fell for third day on Thursday as Treasury yields eased following mixed U.S. data and dovish comments by Federal Reserve Governor Christopher. Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates sooner and faste...Reuters
Jan 16, 2025
BRIEF-Kraken Says Investigating Reports That Some Clients Are Experiencing Funding Delays
Jan 16 (Reuters) - Kraken:KRAKEN: INVESTIGATING REPORTS THAT SOME CLIENTS ARE EXPERIENCING FUNDING DELAYS; CAN RESULT IN DELAYED DEPOSITS, WITHDRAWALS AND LEDGER UPDATESSource text: [ID:]Further company coverage: [ ] (((( Reuters.Briefs@thomsonreuters.com ;));))Reuters
Jan 16, 2025
Tariff-fuelled dollar gains pose global stagflation risks, BIS warns
By Marc JonesLONDON, Jan 16 (Reuters) - Staff at central bank umbrella group, the Bank for International Settlements, have warned of a global bout of stagflation if trade tariffs promised by soon-to-be-U.S. President Donald Trump continue to drive up the dollar.Stagflation - the combination of stron...Reuters
Jan 16, 2025
Mexican Peso plunges to three-day low ahead of Trump’s inauguration
The Mexican Peso (MXN) tumbled to a three-day low against the US Dollar (USD) as traders digested economic data released in the United States (US) and as financial markets prepared for US President-elect Donald Trump’s inauguration next week.
Fxstreet
Jan 16, 2025
FOREX-Dollar slips ahead of Trump inauguration
Dollar pares gains after data, weakening before Trump inaugurationTraders watching Bessent nomination hearingYen firms vs dollar and euro on possible BOJ rate hikesUpdates to U.S. morningBy Laura Matthews and Stefano Rebaudo Jan 16 (Reuters) - The U.S. dollar fell on Thursday as traders digest a ...Reuters
Jan 16, 2025
