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EU ministers reach 'compromise' on digital euro roadmap
EU ministers get say on launch, holding limitDebate on digital euro goes back six yearsSome concerned about stability riskBy Jacob Gronholt-Pedersen and Jan Strupczewski COPENHAGEN, Sept 19 (Reuters) - European Union finance ministers on Friday agreed on a roadmap for launching a digital euro cur...Reuters
23 minutes ago
NZD/USD Price Forecast: USD bulls keep Kiwi pair below 200-day EMA
The NZD/USD pair slides to near 0.5855 during the late European trading session on Friday, the lowest level seen in 10 days. The Kiwi pair weakens as the US Dollar (USD) extends its recent recovery move, with the US Dollar Index (DXY) rising to near 97.60.
Fxstreet
50 minutes ago
USD/JPY: Any advance may be limited to a test of 148.45 – UOB Group
US Dollar (USD) could strengthen further; deeply overbought conditions suggest any advance may be limited to a test of 148.45. In the longer run, USD could continue to advance, but it is unclear for now if it can reach 149.15, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
an hour ago
NZD/USD is likely to trade with a downward bias – UOB Group
New Zealand Dollar (NZD) is likely to consolidate in a range of 0.5870/0.5920. In the longer run, slight increase in downward momentum suggests NZD is likely to trade with a downward bias, potentially testing 0.5850, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
an hour ago
FOREX-Sterling dented by fiscal worries, yen boosted by BOJ rate-hike bets
Sterling falls as Britain's borrowing shot past forecastsYen appreciates as BOJ votes to hold but hawkishness growsSplit 7-2 vote lays groundwork for October hike: InvescoBy Gregor Stuart Hunter and Sara Rossi SINGAPORE/LONDON, Sept 19 (Reuters) - Sterling fell on Friday after Britain's b...Reuters
an hour ago
USD/JPY recovers early losses and rebounds to near 148.00 as US Dollar extends upside
The USD/JPY pair claws back its early losses and recovers to near 148.00 during the European trading session on Friday. The pair bounces back as the US Dollar (US) extends its winning streak for the third trading session.Fxstreet
2 hours ago
AUD/USD trims losses, returns to 0.6600 as US Dollar recovery stalls
The Australian Dollar returned to levels right above the 0.6600 level against the USD, after finding support at the 0.8590 area in Friday’s early European session. The pair, however, maintains its immediate bearish trend intact, on track to a 0.6% weekly loss.Fxstreet
2 hours ago
EU ministers seek agreement on digital euro to be independent of Visa and Mastercard
Debate on digital euro goes back six yearsSome concerned about stability riskSpanish finance minister says quick progress neededBy Jacob Gronholt-Pedersen and Jan Strupczewski COPENHAGEN, Sept 19 (Reuters) - European Union finance ministers will seek to reach a common position on Friday on how to...Reuters
3 hours ago
EUR/USD is set to climb back to the 1.1850 – ING
EUR/USD is expected to climb back to the 1.1850 handle in the coming days. Thursday morning’s rally in the pair shows momentum remains tilted to the bullish side, but also that the US jobs market data continues to have an outsized impact on USD crosses, ING's FX analyst Francesco Pesole notes.Fxstreet
3 hours ago
FOREX-Yen firms as BOJ rate cut bets mount, sterling down on fiscal worries
Yen appreciates as BOJ votes to hold but hawkishness growsSplit 7-2 vote lays groundwork for October hike: InvescoSterling falls as Britain's borrowing shot past forecastsBy Gregor Stuart Hunter and Sara Rossi SINGAPORE/LONDON, Sept 19 (Reuters) - The yen firmed against the dollar on Friday a...Reuters
3 hours ago
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
3 hours 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
3 hours 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 ManufacturingFxstreet
3 hours 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
4 hours ago
