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INDIA RUPEE-Rupee ends lower tracking Asian peers as investors parse Fed outlook
MUMBAI, Sept 18 (Reuters) - The Indian rupee weakened alongside its regional peers on Thursday as investors digested the U.S. Federal Reserve's widely anticipated interest rate cut and its measured stance on further easing of benchmark borrowing costs. The rupee INR=IN closed at 88.13 against th...Reuters
50 minutes ago
RPT-COLUMN-BoE gilt sales more hassle than they're worth: Mike Dolan
By Mike Dolan LONDON, Sept 18 (Reuters) - Britain's own peculiar dance with central bank independence centers on whether the Bank of England should stop aggravating government debt servicing costs by halting its active sale of gilts. While the optics may be tricky, ongoing bond sales seem har...Reuters
an hour ago
GBP/USD pulls back after inverse head-and-shoulders breakout – Société Générale
GBP/USD has retreated to its breakout point after surging toward 1.3725, but with momentum gauges still supportive, holding above 1.3470 would keep the broader uptrend intact, Société Générale's FX analysts note.
Fxstreet
2 hours ago
EUR/JPY Price Forecast: Marks fresh 14-month highs near 174.50
EUR/JPY advances more than a quarter of a percent, trading around 174.40 during the European hours on Thursday. The technical analysis of the daily chart indicates an ongoing bullish bias as the currency cross moves upwards within the ascending channel pattern.
Fxstreet
2 hours ago
FOREX-Dollar choppy as investors parse Fed outlook, await BoE decision
Fed's guidance leads to dollar's initial plunge, then reboundBoE expected to refrain from raising rates amid heated inflationBank of Norway cuts rates by 25 bps, as expectedJPY slips ahead of BOJ decision on FridayBy Kevin Buckland and Jaspreet Kalra TOKYO, Sept 18 (Reuters) - The U.S. do...Reuters
2 hours ago
Sterling eases before BoE policy decision
By Canan Sevgili LONDON, Sept 18 (Reuters) - Sterling edged lower against a stronger dollar on Thursday as investors looked ahead to a policy decision from the Bank of England, which is widely expected to leave rates on hold but could unveil changes to its bond sales programme.The pound GBP=D3 fe...Reuters
3 hours ago
EUR/GBP holds steady below 0.8700 as traders await BoE rate decision
The EUR/GBP cross trades on a flat note around 0.8670 during the early European session. Traders prefer to wait on the sidelines ahead of the Bank of England (BoE) interest rate decision. aThe BoE is expected to hold interest rates steady at 4.0% at its September meeting later on Thursday.
Fxstreet
5 hours ago
Foreigners snap up Asian bonds in August after two-month hiatus
Sept 18 (Reuters) - Asian bonds attracted their first monthly foreign inflow in three months in August, as expectations of U.S. Federal Reserve rate cuts to support a cooling labour market boosted demand for higher-yielding emerging markets.Non-native investors bought Asian bonds worth a net $311 mi...Reuters
5 hours ago
Nomura adds October Fed cut forecast after widely expected policy easing
Sept 18 (Reuters) - Nomura now expects the Federal Reserve to deliver 25-basis-point interest rate cuts at each of its remaining two meetings this year, following the U.S. central bank's widely anticipated quarter-point reduction and hints at continued policy easing.The Japanese brokerage had pr...Reuters
5 hours ago
FOREX-Dollar firms after post-Fed rollercoaster ride; NZ dollar sinks
Fed's guidance leads to dollar's initial plunge, then reboundFed Chair Powell describes rate cut as risk-management measureNZ dollar slides after sharp GDP slowdown fuels rate cut betsBoE expected to refrain from raising rates amid heated inflationBy Kevin Buckland TOKYO, Sept 18 (Reuters...Reuters
5 hours ago
USD/INR snaps four-day losing streak, Fed signals two more rate cuts
The Indian Rupee (INR) fails to extend the four-day winning streak against the US Dollar (USD) on Thursday. The USD/INR recovers to near 88.00 as the US Dollar (USD) gains ground in the aftermath of the monetary policy announcement by the Federal Reserve (Fed) on Wednesday.Fxstreet
6 hours ago
Hong Kong central bank cuts interest rate, tracking Fed; banks follow
HONG KONG, Sept 18 (Reuters) - Hong Kong's central bank on Thursday lowered its base interest rate by 25 basis points to 4.50%, tracking a cut by the U.S. Federal Reserve.It was the first easing by the Hong Kong Monetary Authority since a 25 basis point cut last December. The rate is charged via...Reuters
6 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
9 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
9 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
10 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
10 hours ago
