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FOREX-Dollar rebounds as Fed rate cut fails to meet dovish expectations
Fed's guidance leads to dollar's initial plunge, then reboundBoE slows pace of QT, skews away from long-dated gilt salesBank of Norway cuts rates by 25 bps, as expectedJPY slips ahead of BOJ decision on FridayBy Saqib Iqbal Ahmed NEW YORK, Sept 18 (Reuters) - The U.S. dollar strengthened ...Reuters
12 minutes ago
US judge declares Venezuelan oil company PDVSA's 2020 bonds valid
NEW YORK, Sept 18 (Reuters) - A U.S. judge upheld the validity of Venezuelan state oil company PDVSA's [RIC:RIC:PDVSA.UL] 2020 bonds on Thursday, in a blow to the company, which had argued that the defaulted bonds were not properly issued. The bonds are secured by a majority stake in U.S. refine...Reuters
38 minutes ago
Pound and gilts fall after shrugging off BoE balancing act
Pound, gilts decline after holding steady post BoE decisionRate 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 slipped and gilt yields rose on Thursday, reversin...Reuters
50 minutes ago
South African central bank holds key rate to assess impact of earlier cuts
Repo rate maintained after cut at last meetingEconomists had predicted close callBank has aimed for 3% inflation since JulyBy Anathi Madubela, Sfundo Parakozov and Alexander Winning PRETORIA, Sept 18 (Reuters) - South Africa's central bank left its key lending rate at 7% in a tight deci...Reuters
57 minutes ago
U.S. judge declares Venezuelan oil company PDVSA's 2020 bonds valid
NEW YORK, Sept 18 (Reuters) - A U.S. judge upheld the validity of Venezuelan state oil company PDVSA's 2020 bonds on Thursday, in a blow to the company, which had argued that the defaulted bonds were not properly issued.Reuters
an hour ago
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
3 hours 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
3 hours 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
3 hours 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
3 hours 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
3 hours 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
4 hours 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
5 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
5 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
6 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
6 hours ago
