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Hong Kong central bank cuts interest rate by 25 basis points, tracking Fed move
HONG KONG, Sept 18 (Reuters) - Hong Kong's central bank on Thursday lowered its base interest rate charged via the overnight discount window by 25 basis points to 4.50%, tracking a cut by the U.S. Federal Reserve.It was the first cut by the Hong Kong Monetary Authority since a 25 basis point cut...Reuters
3 hours ago
FOREX-Dollar steadies after post-Fed rollercoaster ride
Fed's rate cut leads to dollar's initial plunge, then reboundFed Chair Powell describes rate cut as risk-management measureNZ dollar tumbles after sharp GDP slowdown fuels rate cut betsBoE expected to refrain from raising rates amid heated inflationBy Kevin Buckland TOKYO, Sept 18 (Reuter...Reuters
3 hours ago
NZ dollar sinks as dire data flags risk of jumbo rate cut
By Wayne Cole SYDNEY, Sept 18 (Reuters) - The New Zealand dollar sank on Thursday after a strikingly weak reading on the economy pushed yields sharply lower as markets ramped up wagers for bigger rate cuts ahead.Its Australian counterpart also eased as jobs data surprised on the downside, adding ...Reuters
3 hours ago
Hong Kong central bank chief says rate cut will have positive impact on economy
HONG KONG, Sept 18 (Reuters) - Hong Kong Monetary Authority (HKMA) Chief Executive Eddie Yue said on Thursday an interest rate cut announced earlier will have a positive impact on the city's property market and economy. Yue was speaking after the HKMA cut its base interest rate charged via th...Reuters
4 hours ago
Dollar steady after rebound from 3-1/2-year low in post-Fed rollercoaster ride
Fed's rate cut leads to dollar's initial plunge, then reboundFed Chair Powell describes rate cut as risk-management measureBoE expected to keep rates steady amid stable inflationBy Kevin Buckland TOKYO, Sept 18 (Reuters) - The U.S. dollar was steady early on Thursday following its plunge ...Reuters
4 hours ago
Hong Kong central bank cuts interest rate, tracking Fed move
HONG KONG, Sept 18 (Reuters) - The Hong Kong Monetary Authority on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.50%, tracking a move by the U.S. Federal Reserve.Hong Kong's monetary policy moves in lock-step with the United States as the c...Reuters
6 hours ago
Brazil's central bank to auction up to $2 billion with repurchase deal on Friday
SAO PAULO, Sept 17 (Reuters) - Brazil's central bank will offer up to $2 billion through two dollar auctions with repurchase agreement on September 19, the monetary authority said in a statement on Wednesday.The simultaneous auctions aim to roll over contracts maturing on October 2, and will sta...Reuters
7 hours ago
FOREX-Dollar whipsawed as Fed delivers normal-sized rate cut
Fed delivers normal-sized rate cut, sees steady pace of further reductionsDollar supported after Powell says Fed is in a 'meeting-by-meeting situation' with respect to future policy pathCanadian dollar weakens as BoC cuts ratesBy Saqib Iqbal Ahmed NEW YORK, Sept 17 (Reuters) - The U.S. do...Reuters
9 hours ago
CANADA FX DEBT-Canadian dollar weakens as BoC and Fed resume easing campaigns
Canadian dollar falls 0.2% against the greenbackTrades in a range of 1.3727 to 1.3787BoC cuts interest rates as expected10-year yield rebounds from a four-month lowBy Fergal Smith TORONTO, Sept 17 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Wednesday in choppy tra...Reuters
9 hours ago
FOREX-Dollar slips after Fed cuts rates
NEW YORK, Sept 17 (Reuters) - The U.S. dollar fell against the euro on Wednesday, after the Federal Reserve cut interest rates by a quarter of a percentage point and indicated it will steadily lower borrowing costs for the rest of this year.The euro EUR=EBS was 0.2% higher against the dollar at $1.1...Reuters
11 hours ago
CANADA FX DEBT-Canadian dollar edges lower as BoC resumes its easing campaign
Canadian dollar falls 0.2% against the greenbackTrades in a range of 1.3738 to 1.3769BoC cuts interest rates as expected10-year yield rebounds from a four-month low TORONTO, Sept 17 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Wednesday as the Bank of Canada cut intere...Reuters
13 hours ago
Euro zone bond yields edge lower as Fed rate cut looms
Markets pricing in 25 bps rate cut for the FedGerman 10-year bond yields downGermany 30-year bond hit lowest level since Aug 14By Jaspreet Kalra and Canan Sevgili Sept 17 (Reuters) - Euro zone government bond yields eased on Wednesday ahead of a widely-expected U.S. Federal Reserve rate cut later...Reuters
13 hours ago
FOREX-Dollar edges up from four-year low versus euro as traders await Fed decision
Most major pairs cling to tight trading ranges ahead of FedPowell’s remarks in focus after near-certain rate cutYen rises with LDP leadership vote in Japan in the spotlightBy Saqib Iqbal Ahmed NEW YORK, Sept 17 (Reuters) - The dollar edged higher against the euro on Wednesday, rebounding from a f...Reuters
15 hours ago
CORRECTED-EMERGING MARKETS-EM stocks tiptoe higher as Fed moves into focus; FX steady
EM stocks up 0.4%, FX flatUS, China in deal for TikTok to keep operating in USFed rate decision due at 1800 GMTIndonesia cuts rates by 25 bpsSouth Africa CPI falls 3.3% in AugBy Pranav Kashyap Sept 17 (Reuters) - Most emerging market stocks crept higher on Wednesday while currencies were steady, ...Reuters
16 hours ago
Ex-BoE deputy governor warns Trump could flick financial payments 'kill switch'
Ex-BoE deputy warns US might use banking system against alliesMany Western countries rely on US banks, Visa and MastercardTrump in Britain for unprecedented second state visitBy David Milliken LONDON, Sept 17 (Reuters) - Countries that see themselves as U.S. allies are now considering whether Pre...Reuters
17 hours ago
FOREX-Dollar rises from four-year low versus euro; Powell remarks in focus
Yen rises with LDP leadership vote in Japan in the spotlightPowell’s remarks in focus after near-certain rate cutInvestors watching for signals on Fed’s easing pathFed meets as questions over its independence growBy Stefano Rebaudo Sept 17 (Reuters) - The U.S. dollar firmed against the euro but w...Reuters
17 hours ago
