News
Important Only
FOREX-Dollar rises from 4-year low versus euro; Powell remarks in focus
Powell’s remarks in focus after near-certain rate cutInvestors watching for signals on Fed’s easing pathFed meets as questions over its independence growYen in spotlight ahead of LDP leadership vote in JapanBy Stefano Rebaudo and Ankur Banerjee Sept 17 (Reuters) - The U.S. dollar rose on Wednesda...Reuters
5 minutes ago
Highlights of Hong Kong leader John Lee's fourth policy address
HONG KONG, Sept 17 (Reuters) - Hong Kong leader John Lee delivered his fourth annual policy address on Wednesday pledging to boost the financial hub's economy and enhance people's livelihoods. Some of the highlights include:ECONOMY - This year's economic growth is projected at 2% –...Reuters
2 hours ago
COLUMN-Fed may trip the stimulation wire: Mike Dolan
By Mike Dolan LONDON, Sept 17 (Reuters) - The Federal Reserve may be about to stimulate an economy growing at more than 3%, where stocks are at record highs and inflation remains above target. The problem is that no one knows for sure how far the U.S. central bank can go before it trips that wire...Reuters
2 hours ago
FOREX-Dollar holds soft tone on rate cut expectations, Powell comments
Powell's comments after near-certain rate cut in focusFed policy meeting comes as independence under pressureDollar wallows near multi-month lows against peersBy Ankur Banerjee SINGAPORE, Sept 17 (Reuters) - The U.S. dollar loitered near four-year lows against the euro and a one-month trough ...Reuters
3 hours ago
Highlights of Hong Kong leader John Lee's fourth policy address
HONG KONG, Sept 17 (Reuters) - Hong Kong leader John Lee delivered his fourth annual policy address on Wednesday pledging to boost the financial hub's economy and enhance people's livelihoods. Some of the highlights include:ECONOMY - The economy has rebounded , turning from negative to...Reuters
4 hours ago
USD/CAD rebounds to near 1.3750 ahead of rate decision from Fed, BoC
USD/CAD gains ground after two days of losses, trading around 1.3750 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) holds ground ahead of the US Federal Reserve (Fed) policy decision.
Fxstreet
4 hours ago
GBP/USD remains below 1.3650 ahead of UK CPI data
GBP/USD loses ground after two days of gains, trading around 1.3640 during the Asian hours on Wednesday. The Pound Sterling (GBP) inches lower against the US Dollar (USD) ahead of the United Kingdom’s (UK) Consumer Price Index (CPI) and Retail Price Index data.
Fxstreet
5 hours ago
Australian dollar notches another high for the year but stalls at resistance
Aussie notches new high for a sixth straight sessionIt is not able to hold above key chart levelMuch riding on Fed policy meetingBy Stella Qiu SYDNEY, Sept 17 (Reuters) - The Australian dollar eked out its sixth-straight high for the year on Wednesday but stalled at key chart resistance before th...Reuters
5 hours ago
Silver Price Forecast: XAG/USD slumps to near $42.00, investors brace for Fed rate decision
The Silver price (XAG/USD) tumbles to around $42.05 during the Asian trading hours on Wednesday. The white metal retreats from a 14-year high of nearly $42.80 amid some profit-taking. Traders brace for the US Federal Reserve (Fed) interest rate decision later on Wednesday for fresh impetus.
Fxstreet
6 hours ago
Japanese Yen softens amid modest USD bounce; focus remains on FOMC and BoJ
The Japanese Yen (JPY) retreats slightly after touching its highest level since July 24 against the rebounding US Dollar (USD) during the Asian session on Wednesday, though the downside potential seems limited.
Fxstreet
6 hours ago
FOREX-Dollar holds soft tone on rate cut expectations, Powell comments
Powell's comments after near-certain rate cut in focusFed policy meeting comes as independence under pressureDollar wallows near multi-month lows against peersBy Ankur Banerjee SINGAPORE, Sept 17 (Reuters) - The U.S. dollar loitered near four-year lows against the euro and a one-month trough ...Reuters
6 hours ago
European Commission President Ursula von der Leyen agrees to pressure Russia
European Commission (EC) President Ursula von der Leyen acknowledged she communicated with United States (US) President Donald Trump, and will instruct the EC to accelerate proposals to clamp down on Russian market access in retaliation for failing to reach a peacefire agreement with Ukraine.
Fxstreet
11 hours ago
CORRECTED-Trump pressure on Fed may steepen US yield curve, fund managers say
Yield curve steepening due to fiscal and political risksLong-term Treasuries pressured by deficits and bond issuancePrivate credit seen as alternative to TreasuriesBy Divya Chowdhury and Mehnaz Yasmin Sept 16 (Reuters) - The Treasury yield curve could steepen as investors demand higher compensati...Reuters
12 hours ago
FOREX-Dollar falls to four-year low vs euro with Fed rate decision on tap
Dollar slips 0.9% vs euro, weakest since September 2021Focus on Fed rate decision on WednesdayBoE to announce rate decision on Thursday, Bank of Japan on FridayBy Saqib Iqbal Ahmed NEW YORK, Sept 16 (Reuters) - The dollar fell across the board on Tuesday, hitting a four-year low against the e...Reuters
14 hours ago
