News
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Pound and UK assets shrug off BoE balancing act
Pound, gilt yields dip modestly in steady tradingRate and QT decision widely expectedMismatch seen between investor, market rate expectationsBy Jaspreet Kalra, Naomi Rovnick and Canan Sevgili MUMBAI/LONDON, Sept 18 (Reuters) - The pound and other UK assets held steady on Thursday, after the Bank ...Reuters
4 minutes ago
US Fed starts easing path, other major central banks on hold
Fed, Bank of Canada cut ratesBank of England leaves rates on holdMarkets see lower chance of further ECB rate cutsBy Sara Rossi LONDON, Sept 18 (Reuters) - The U.S. Federal Reserve has delivered its first rate cut since December, diverging from most other major central banks that have kept intere...Reuters
12 minutes ago
Bank of England slows pace of bond rundown and keeps rates on hold
BoE cuts pace of QT to 70 billion pounds from 100 billionMPC votes 7-2 to keep Bank Rate at 4%, as expectedFuture gilt sales to be skewed to short- and medium-dated giltsGovernor Bailey says UK 'not out of the woods' on inflationBy David Milliken and Suban AbdullaLONDON, Sept 18 (Reuters) - ...Reuters
17 minutes ago
Dollar choppy after Fed decision; pound steady after BoE keeps rates steady
TOKYO/LONDON, Sept 18 (Reuters) - The U.S. dollar was choppy on Thursday as traders parsed the Federal Reserve's measured stance on further interest rate cuts, while sterling held steady as the Bank of England kept rates steady and slowed the pace of its government bond sales.Reuters
23 minutes ago
DeFi Technologies' Valour Digital Securities Launches First Bitcoin Staking ETP on London Stock Exchange
Sept 18 (Reuters) - DeFi Technologies Inc DEFI.NLB:DEFI TECHNOLOGIES' SUBSIDIARY VALOUR DIGITAL SECURITIES LIMITED LAUNCHES THE FIRST BITCOIN STAKING ETP ON THE LONDON STOCK EXCHANGEReuters
35 minutes ago
Gilts, pound steady after BoE slows QT, keeps rates steady
MUMBAI, Sept 18 (Reuters) - British government bonds and the pound offered a muted reaction to the Bank of England's widely expected decision on Thursday to leave interest rates unchanged and slowing the pace of its sovereign debt holdings.The yield on the benchmark 10-year gilt GB10YT=RR was st...Reuters
an hour ago
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
2 hours 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
2 hours 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
3 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
3 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
4 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
5 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
6 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
7 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
7 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
7 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
7 hours ago
