News
Important Only
Sterling edges up in holiday trading, still down on the week
By Greta Rosen Fondahn Dec 27 (Reuters) - Sterling ticked higher after searching for direction on Friday, but looked set to wrap up a holiday-thinned trading week lower against a dominating dollar.The pound was up 0.17% against the greenback at $1.2546 GBP=D3 after falling 0.17% earlier in the da...Reuters
Dec 27, 2024
BUZZ-COMMENT-Dollar buying to be backed by short-term flows
Dec 27 (Reuters) - As today is corporate month-end, dollar flows look set to keep the U.S. currency in the ascendancy. Corporate month-end occurs two days before the final trading day of the month, where large U.S. corporations hedge global revenues, which typically coincides with dollar strength. T...Reuters
Dec 27, 2024
FOREX-Dollar steady, yen hovers near 5-month low on BOJ caution
Little respite for yen from intervention warningsDollar buoyed by Fed signals for slow pace of easing in 2025Forex trading subdued with many investors away for holidaysUpdates in European morning tradeBy Kevin Buckland and Greta Rosen Fondahn TOKYO, Dec 27 (Reuters) - The dollar firmed on Friday ...Reuters
Dec 27, 2024
Pound Sterling trades subdued as markets asses more dovish BoE policy outlook
The Pound Sterling (GBP) registers minor losses against its major peers on Friday, with investors looking for fresh cues about how the Bank of England (BoE) will follow the interest rate cut path in 2025.
Fxstreet
Dec 27, 2024
BUZZ-COMMENT-Trump won't object if Japan intervenes to lift yen
Dec 27 (Reuters) - - U.S. President-elect Donald Trump is unlikely to complain if Japan decides to intervene to strengthen the yen, either before or after his inauguration next month.Trump wants countries to buy more from the United States, so anything which makes U.S. exports more competitive shoul...Reuters
Dec 27, 2024
FOREX-Yen hovers near 5-month low as BOJ's cautious stance weighs
Japan's currency gets little respite from intervention warningsDollar buoyed by Fed signals for slow pace of easing in 2025Forex trading subdued with many investors away for holidaysUpdates prices ahead of European markets openBy Kevin Buckland TOKYO, Dec 27 (Reuters) - The yen hovered near a fiv...Reuters
Dec 27, 2024
Japanese Yen rises following Tokyo CPI inflation
The Japanese Yen (JPY) gains ground against the US Dollar (USD) on Friday. The USD/JPY pair pulls back from its recent gains as the Japanese Yen (JPY) strengthens following the release of Tokyo Consumer Price Index (CPI) inflation data.Fxstreet
Dec 27, 2024
UPDATE 1-Japan finance minister reiterates concerns over excessive FX moves
Adds detail, contextBy Makiko Yamazaki TOKYO, Dec 27 (Reuters) - Japan Finance Minister Katsunobu Kato reiterated on Friday concerns over a sliding yen, repeating his warning to take action against excessive currency moves."We have been seeing one-sided, sharp currency moves recently," Kato said ...Reuters
Dec 27, 2024
