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FOREX-US dollar bounces back as strong jobs data backs Fed rate-cut pause
US dollar hits six month high vs yenEuro falls to lowest since Nov. 22 vs dollarUS dollar index on track for sixth weekly gainSterling falls to lowest since Nov. 2023 vs dollarUS rate futures price in just one rate cut in 2025Adds analyst comment, details of jobs data, bullets, byline, FX table; upd...Reuters
Jan 10, 2025
Sterling hits 14-month low as gilt yields jump after US jobs data
Sterling touches new 14-month lowThirty-year gilts rise to highest since July 1998 Ten-year gilt yields track biggest weekly increase in a yearDollar gains 1.5% against the pound on the weekUpdates in European afternoon tradeBy Greta Rosen Fondahn Jan 10 (Reuters) - British assets remained under ...Reuters
Jan 10, 2025
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% lower at C$1.4403 to the greenback, or 69.43 U.S. cents, after trading in a range of 1.4392 to 1.4437.Canadian government 10-year bond yields CA10YT=RR r...Reuters
Jan 10, 2025
FOREX-US dollar rebounds after strong jobs data
Recasts, adds jobs data, updates pricesNEW YORK, Jan 10 (Reuters) - The dollar rallied on Friday after data showed the world's largest economy created more jobs than expected last month, reinforcing expectations that the Federal Reserve will pause its rate-cutting cycle at its policy meeting later t...Reuters
Jan 10, 2025
BRIEF-Heritage Distilling Holding Board Approves Adoption & Release Of Bitcoin Treasury Policy Statement
Jan 10 (Reuters) - Heritage Distilling Holding Company Inc CASK.O:HERITAGE DISTILLING HOLDING COMPANY: BOARD HAS APPROVED ADOPTION & RELEASE OF BITCOIN TREASURY POLICY STATEMENTHERITAGE DISTILLING: FORMAL BITCOIN TREASURY POLICY FOR BOARD APPROVAL TO BE CRAFTED, TO ALLOW USE OF BITCOIN IN DAILY BUSI...Reuters
Jan 10, 2025
Trump treasury nominee Bessent's Senate hearing set for Jan. 16
WASHINGTON, Jan 10 (Reuters) - The U.S. Senate Finance Committee on Friday said it will hold a Jan. 16 nomination hearing on President-elect Donald Trump's nominee to lead the U.S. Treasury Department, Scott Bessent. (Reporting by Susan Heavey) ((sheavey@thomsonreuters.com; +1-202-898-8300;))Reuters
Jan 10, 2025
FOREX-Dollar clings on to gains ahead of US jobs data; sterling slips
Dollar eyes 1% weekly gain on soft sterlingDollar index set for 6th weekly riseUS jobs data due as bonds nurse lossesMarkets expect data to show 160,000 jobs addedUpdates in European afternoon tradingBy Tom Westbrook and Greta Rosen Fondahn Jan 10 (Reuters) - The dollar looked set to log a sixth ...Reuters
Jan 10, 2025
Sterling slides for a fourth day, gilt yields rise for fifth
Updates at 1130 GMTBy Greta Rosen Fondahn Jan 10 (Reuters) - British assets remained under pressure on Friday from elevated global borrowing costs, with sterling falling for the fourth day in a row and gilt yields rising for a fifth consecutive day, though both were off the previous session's...Reuters
Jan 10, 2025
BUZZ-COMMENT-Tariffs trump payrolls risk, USD topside still preferred
Jan 10 (Reuters) - The near-term focus for FX markets will be on the U.S. employment report but looming tariffs from the incoming U.S. administration remain the bigger risk for markets.So unless U.S. payrolls are materially weaker than expected, consensus FX trades expressing USD topside should cont...Reuters
Jan 10, 2025
Trader confidence in sterling takes a dive on bond market turmoil
Global bond selloff impacts UK finances, raises bond yieldsTraders bearish on sterling after pound hit 14-month low Treasury reassures on stability, but market cautiousBy Amanda Cooper LONDON, Jan 10 (Reuters) - Traders' confidence in the pound has taken its biggest dive this week since the 2022 ...Reuters
Jan 10, 2025
UPDATE 3-China's central bank halts bond buying as yuan struggles
PBOC suspends treasury bond purchases amid global bond selloffPBOC seeking to defend falling yuan, analysts sayAnalysts expect continued downtrend in bond yieldsRecasts throughout and updates prices SHANGHAI, Jan 10 (Reuters) - China's central bank suspended treasury bond purchases on Friday, bri...Reuters
Jan 10, 2025
Deutsche recommends selling sterling on broad, trade-weighted basis
LONDON, Jan 10 (Reuters) - Deutsche Bank said investors should sell the pound on a broad trade-weighted basis, in a Friday note, as Britain's current account deficit is no longer improving, and the currency is vulnerable to the recent increase in volatility. The pound has lost nearly 2% this week ag...Reuters
Jan 10, 2025
FOREX-Dollar holds onto gains ahead of US jobs data; sterling slips
Dollar eyes 1% weekly gain on soggy sterlingDollar index set for 6th weekly riseUS jobs data due as bonds nurse lossesMarkets expect data to show 160,000 jobs addedUpdates in European morning tradeBy Tom Westbrook and Greta Rosen Fondahn Jan 10 (Reuters) - The dollar looked set to log a sixth...Reuters
Jan 10, 2025
AUD/USD remains depressed below 0.6200, lowest since October 2022 ahead of US NFP
The AUD/USD pair extends its sideways consolidative price move through the first half of the European session on Friday and remains close to its lowest level since October 2022 touched the previous day.
Fxstreet
Jan 10, 2025
