News
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BUZZ-COMMENT-Latest price data points to two more Riksbank rate cuts
Jan 8 (Reuters) - Softer than expected December Swedish flash inflation data suggests there might be room for two more Riksbank rate cuts, in January and May. The central bank adopted a more cautious stance at its last policy meeting in December as the focus appeared to have shifted from economic gr...Reuters
Jan 8, 2025
Russian rouble steadies against dollar in light holiday trade
Jan 8 (Reuters) - The Russian rouble steadied against the dollar on Wednesday, consolidating gains after a dip in the previous week, in thin trade as Russia marks a public holiday until Jan. 9. One-day rouble/dollar futures, which trade on the Moscow Exchange and are a guide for the over-the-cou...Reuters
Jan 8, 2025
NZD/USD hangs near daily low around 0.5625 area; looks to FOMC minutes for fresh impetus
The NZD/USD pair stalls the previous day's retracement slide from a nearly three-week high, albeit it struggles to attract any meaningful buyers and trades around the 0.5630-0.5625 area during the early European session on Wednesday.
Fxstreet
Jan 8, 2025
Forex Today: US Dollar consolidates recovery gains ahead of key data, FOMC Minutes
Here is what you need to know on Wednesday, January 8: Following a bearish opening to the week, the US Dollar (USD) gathered strength against its rivals on Tuesday, supported by the upbeat macroeconomic data releases and the cautious market mood.Fxstreet
Jan 8, 2025
US trade deficit with Vietnam soars beyond $110 billion, as weak dong boosts exports
Deficit rose by nearly 18% in Jan-Nov period compared to same period in 2023Vietnam's dong fell sharply from late Oct to lowest levels against dollarVietnam has fourth-largest surplus among all US trade partnersCommunist-run nation is major exporter to US, monitored over currency manipulation risks ...Reuters
Jan 8, 2025
Australian dollar plays defence as data stokes rate cut risk
Australian dollar pressured by slowdown in core inflationCentral bank may cut rates in February as inflation easesLabour market remains tight despite easing inflation By Wayne Cole SYDNEY, Jan 8 (Reuters) - The Australian dollar was back under pressure on Wednesday as data showing a slowdown in c...Reuters
Jan 8, 2025
COMMENT-USD/JPY range likely to continue to ratchet up
Jan 8 (Reuters) - USD/JPY remains bid and its range is likely to ratchet higher on fresh investment flows, the Bank of Japan potentially keeping rates on hold early this year, a strong U.S. economy and higher long-end Treasury yields.Admittedly, risks remain including the key U.S. December jobs repo
Reuters
Jan 8, 2025
