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BUZZ-USD/JPY holding around 157.00, quiet Christmas eyed
Tokyo the only major financial centre open on ChristmasMost eye quiet, range-bound trading, range so far 157.00-30 EBSFollows range of 156.90-157.41 yesterday, recent high 157.93 Dec 20Range capped at Dec 20 high, base 155.97 retracement low Dec 20 tooTech support from wafer thin 156.95 hourly Ichi ...Reuters
Dec 24, 2024
FOREX-Dollar edges higher as Fed rates view sets direction
Dollar up for fifth session in sixYen weak, near prior intervention levelsUpdates to midday U.S. tradingBy Chuck Mikolajczak NEW YORK, Dec 24 (Reuters) - The dollar edged higher on Tuesday in thin holiday trading as the expected slower path of interest rate cuts from the U.S. Federal Reserve ...Reuters
Dec 24, 2024
CANADA FX DEBT-Canadian dollar edges lower as political risk lingers
Canadian dollar falls 0.1% against the greenbackTrades in a range of 1.4364 to 1.4419Price of US oil increases 1.3%Yield curve trades at steepest in 2-1/2 yearsBy Fergal Smith TORONTO, Dec 24 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Tuesday, but the move was modest...Reuters
Dec 24, 2024
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% lower at C$1.4388 to the greenback, or 69.5 U.S. cents, after trading in a range of 1.437 to 1.4419.Canadian government 10-year bond yields CA10YT=RR ro...Reuters
Dec 24, 2024
FOREX-Dollar holds firm as US rates outlook still dominates
Updates in European midday tradingBy Rae Wee and Greta Rosen Fondahn SINGAPORE, Dec 24 (Reuters) - The dollar defended its recent dominance on Tuesday in a holiday-lined week, as investors considered the prospect of higher-for-longer U.S. interest rates, leaving other major currencies struggl...Reuters
Dec 24, 2024
Sterling edges up in holiday-thinned trading
By Amanda CooperLONDON, Dec 24 (Reuters) - The British pound strengthened modestly in a holiday-shortened trading session on Tuesday, but could face a more uncertain path next year as global monetary policy diverges, analysts said. Sterling GBP=D3 was last up 0.1% at $1.2544, set for a 1.6% loss ...Reuters
Dec 24, 2024
BUZZ-COMMENT-Dollar remains in great shape as it heads into January
Dec 24 (Reuters) - The U.S. dollar is in great shape as 2025 approaches and the expectations are for gains in January, something it does 60% of the time.An analysis of the January performance since 2000 of the USD index, which tracks the greenback against a basket of six major currencies, shows it h...Reuters
Dec 24, 2024
BUZZ-COMMENT-Outlook for Swedish rates and the crown
Dec 24 (Reuters) - The Riksbank appears to have shifted its focus back to inflation and away from growth concerns, which should offer the crown support in early 2025. The Dec. 19 central bank policy meeting delivered a 25-basis point rate cut and a more cautious statement of intent for its monet...Reuters
Dec 24, 2024
EUR/USD trades sideways as cooling Eurozone inflation keeps downside bias afloat
EUR/USD consolidates in a tight range around 1.0400 in Tuesday’s European session. Thin trading volume due to holidays in Forex markets on Wednesday and Thursday on account of Christmas Day and Boxing Day, respectively, has kept the pair’s price action muted.
Fxstreet
Dec 24, 2024
