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EMERGING MARKETS-EM stocks set for modest gains after week of rate decisions and data
EM stocks down 0.4% on day, FX down 0.2%Putin signals tax hikes to close Russia's budget gapS. Africa's minister meets USTR Greer for trade talksBy Pranav Kashyap Sept 19 (Reuters) - Emerging market stocks and currencies were on track for modest weekly gains as investors caught their brea...Reuters
21 minutes ago
Fed resumes easing path, other major central banks on hold
Fed, Bank of Canada cut ratesBank of England, BOJ 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 i...Reuters
22 minutes ago
USD/CAD hits fresh highs at 1.3820 amid broadbased US Dollar strength
The US Dollar trades higher against its Canadian counterpart for the third consecutive day on Friday, reaching session highs at 1.3820 after bouncing from 1.3625 lows after last Wednesday’s Federal Reserve’s monetary policy decision.Strong US jobless claims figures and Philadelphia Fed Manufacturing
Fxstreet
34 minutes ago
Pound, gilts hit by surge in UK borrowing
Pound heads for biggest two-day drop since JulyPublic borrowing surges in headache for finance minister ReevesUK bond yields up after Bank of England debt sales tweaksBy Amanda Cooper LONDON, Sept 19 (Reuters) - The pound headed for its biggest two-day drop since late July on Friday, while bond y...Reuters
47 minutes ago
QUOTES-BOJ Governor Ueda's comments at news conference
Sept 19 (Reuters) - The Bank of Japan kept interest rates steady on Friday but decided to start selling its holdings of risky assets, taking another step forward in phasing out remnants of its massive stimulus programme.Two of the BOJ's nine board members dissented to the central bank's deci...Reuters
2 hours ago
Pound rattled by surprise surge in UK borrowing
Pound heads for biggest two-day drop since JulyPublic borrowing surges in headache for finance minister ReevesUK bond yields up after Bank of England debt sales tweaksBy Amanda Cooper LONDON, Sept 19 (Reuters) - The pound headed for its biggest two-day drop since late July on Friday, after a surg...Reuters
2 hours ago
FOREX-Yen firms as BOJ board dissent raises prospect of near-term rate hike
Yen appreciates after BOJ votes to hold amid LDP leadership electionSplit 7-2 vote lays groundwork for October hike: InvescoInvestors look for catalysts post-Fed decisionMarkets weigh dollar's long-term outlook amid tariffs and Fed criticismBy Gregor Stuart Hunter SINGAPORE, Sept 19 (Reuters)...Reuters
2 hours ago
Pound Sterling slumps as UK gilt yields surge on rising fiscal woes
The Pound Sterling (GBP) tumbles against its major peers on Friday as long-dated United Kingdom (UK) gilt yields gain sharply amid soaring public sector borrowings in August. 30-year UK gilt yields jump over 1% to near 5.50%.
Fxstreet
3 hours ago
NZD/USD softens to near 0.5860 as Trade Deficit widens sharply
The NZD/USD pair extends its downside around 0.5860 during the early European session on Friday. The New Zealand Dollar (NZD) faces some selling pressure near a two-week low following the release of New Zealand’s Trade Balance data for August.
Fxstreet
3 hours ago
EUR/USD holds losses below 1.1800 ahead of German PPI data
EUR/USD extends its losing streak for the third successive session, trading around 1.1770 during the Asian hours on Friday. The pair faces challenges as the US Dollar (USD) continues to attract buyers following the release of the United States (US) Weekly Initial Jobless Claims on Thursday.Fxstreet
5 hours ago
FOREX-Yen firms as BOJ decides to sell ETFs, J-REITs
Yen surges after BOJ votes to hold amid LDP leadership electionSplit 7-2 vote lays groundwork for October hike: InvescoInvestors look for catalysts post-Fed decisionMarkets weigh dollar's long-term outlook amid tariffs and Fed criticismBy Gregor Stuart Hunter SINGAPORE, Sept 19 (Reuters) - Th...Reuters
5 hours ago
China's yuan holds steady ahead of Trump-Xi call
SHANGHAI, Sept 19 (Reuters) - China's yuan held steady against the dollar on Friday, even as the central bank set its midpoint at a more than three-week low, with investors waiting on leads from a potentially crucial phone call between the leaders of the world's two largest economies.Trade r...Reuters
5 hours ago
USD/CAD holds steady above 1.3800, Canadian Retail Sales data looms
The USD/CAD pair trades on a flat note around 1.3800 during the early European trading hours on Friday. The US Dollar (USD) might receive some support from a less dovish than expected stance from the US Federal Reserve (Fed).Fxstreet
5 hours ago
