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EXPLAINER-Why are UK borrowing costs jumping?
By William Schomberg LONDON, Jan 8 (Reuters) - Britain's government borrowing costs have leapt this week, adding to the challenges facing finance minister Rachel Reeves who is planning to sell hundreds of billions of pounds' worth of bonds this year to fund public services and growth-boosting inv...Reuters
Jan 8, 2025
Global investors riled by bond market selloff as "tantrum" dawns
US 10-yr Treasury yields at highest since AprilUK 10-yr gilt yields at highest since 2008Bonds selloff ripples into currencies, stocksBy Amanda Cooper and Yoruk Bahceli LONDON, Jan 8 (Reuters) - A sharp selloff in some of the world's biggest government bond markets and a surge in the dollar are s...Reuters
Jan 8, 2025
BUZZ-COMMENT-EUR/USD's song remains the same and parity may be the outro
Jan 8 (Reuters) - EUR/USD fell below the 5-DMA Wednesday and erased its early 2025 gains as divergent economies, fresh tariff threats and techs fuel expectations parity will be reached this year.Drops in German industrial orders and retail sales for November indicated economic growth remains weak fo...Reuters
Jan 8, 2025
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% lower at C$1.4394 to the greenback, or 69.47 U.S. cents, after trading in a range of 1.434 to 1.4409.Canadian government 10-year bond yields CA10YT=RR...Reuters
Jan 8, 2025
FOREX-Dollar strengthens on elevated US bond yields, tariff talks
Dollar index ticks up on the back of higher yieldsDollar/yen within striking distance of 160Trump inauguration and U.S. labour data in focusPound underperforms Updates in European afternoon tradeBy Tom Westbrook and Greta Rosen Fondahn SINGAPORE/GDANSK, Jan 8 (Reuters) - The dollar rose for a sec...Reuters
Jan 8, 2025
UPDATE 1-Sterling tumbles for a second day against firmer dollar, even as gilt yields rise
Updates with quote in paragraph 7, updates currency prices, yieldsBy Greta Rosen Fondahn Jan 8 (Reuters) - Sterling slid for a second day on Wednesday against a generally firmer U.S. dollar, despite British long-term borrowing costs sitting at around their highest since 1998. Solid U.S. data on T...Reuters
Jan 8, 2025
Sterling tumbles for a second day against firmer dollar, even as gilt yields rise
By Greta Rosen Fondahn Jan 8 (Reuters) - Sterling slid for a second day on Wednesday against a generally firmer U.S. dollar, despite British borrowing costs sitting at around their highest in 27 years. Solid U.S. data on Tuesday confirmed investors' view that U.S. interest rates will stay higher ...Reuters
Jan 8, 2025
BUZZ-COMMENT-Dollar has to climb further to negate fears of a top
Jan 8 (Reuters) - Traders should be mindful that U.S. dollar's price action last week could be an early warning that its recent uptrend may be coming to an end. The dollar has to climb above its recent two-year peak in order to negate fears of a top in the currency.The USD index, which tracks the gr...Reuters
Jan 8, 2025
SEK: Slower inflation consolidates case for cuts – ING
Sweden’s inflation figures released this morning came in less hot than expected, with headline CPIF slowing down to 1.5% and the key core measure (CPIF excluding energy) decelerating from 2.4% to 2.1% in December, ING’s FX analyst Francesco Pesole notes.
Dollar strengthens as solid US data pushes up bond yields
Dollar index ticks up on the back of higher yieldsDollar/yen within striking distance of 160Trump inauguration and U.S. labour data in focusUpdates with European morning tradeBy Tom Westbrook and Greta Rosen Fondahn SINGAPORE/GDANSK, Jan 8 (Reuters) - The dollar pushed higher for a second day onEUR/USD extends correction after downbeat German and Eurozone data
The EUR/USD pair extends its correction and trades around 1.0320 at the time of writing on Wednesday after being rejected above 1.0400 earlier in the week. The pair erases most of the initial weekly gains after German factory orders data for NovemberFxstreet
Jan 8, 2025
