News
Important Only
FOREX-Dollar close to multi-year lows as Fed provides limited support
Fed signals prolonged wait before any additional rate cutEuro strength back in ECB spotlight as rate outlook shiftsMonetary and fiscal policy remain key for yen despite intervention riskBy Stefano Rebaudo Jan 29 (Reuters) - The dollar edged up on Thursday but remained near multi-year lows, with a...Reuters
40 minutes ago
H&M CEO: We Want To Source More From India, Textiles Being Part Of EU-India Trade Deal Is Positive
Jan 29 (Reuters) - H & M Hennes & Mauritz AB HMb.ST CEO to Reuters:H&M CEO: OUR CUSTOMERS ARE PREPARED TO SHOP ACROSS A BROADER RANGE OF PRICE POINTSH&M CEO ON EU-INDIA TRADE DEAL: WE WANT TO SOURCE MORE FROM INDIA, AND THE FACT TEXTILES ARE PART OF TRADE AGREEMENT IS POSITIVEH&M...Reuters
an hour ago
Sterling close to multi-year highs vs dollar, focus shifts to BoE, politics
By Stefano Rebaudo Jan 29 (Reuters) - The pound hovered near multi‑year highs against the dollar on Thursday, with U.S. policy uncertainty keeping the greenback on the back foot as markets looked ahead to next week’s Bank of England decision and to developments on the UK political front.The decis...Reuters
2 hours ago
EMERGING MARKETS-EM FX, stocks pause after rally as markets digest Fed comments
Goldman Sachs, UBS downgrade rating on Indonesia stocks Turkish banks index jumps after Fitch revises outlookMSCI EM FX, stocks set to snap five session streak of gainsBy Purvi Agarwal Jan 29 (Reuters) - Most emerging market currencies and stocks steadied on Thursday, after a streak of robust gai...Reuters
2 hours ago
EUR: ECB members flag Euro's strength as risk to inflation and policy – ING
The debate regarding the impact of the Euro's strength on ECB policy is intensifying, according to Francesco Pesole from ING. Concerns have been raised by ECB members about the potential for lower inflation and looser policy due to the Euro's strength.Fxstreet
2 hours ago
Swedish central bank keeps rates on hold at 1.75%, sees no change ahead
Policy rate on hold as expectedRiksbank repeats forecast for unchanged rates aheadSays uncertainty has increasedBy Simon Johnson STOCKHOLM, Jan 29 (Reuters) - Sweden's central bank kept its key interest rate at 1.75% on Thursday as widely expected and repeated its forecast that no change was ...Reuters
2 hours ago
H&M: Weak Consumer Sentiment Could Drive Increased Need For 'Temporary Activations' And Deals In Q1
Jan 29 (Reuters) - H & M Hennes & Mauritz AB HMb.ST CEO and CFO in a call with analysts and media:H&M CEO: 2025 WAS CHARACTERISED BY POLITICAL AND ECONOMIC UNCERTAINTY AFFECTING CONSUMERS AND MARKETS, AND WE SEE SIMILAR CONDITIONS CONTINUING INTO 2026H&M CFO: WE SEE WEAK CONSUMER SEN...Reuters
3 hours ago
GBP/USD stays firm above 1.3800, with 1.3870 long-term highs in sight
The Pound has taken back most of the ground lost on Wednesday, and is trading in the area of 1.3830 on Thursday’s early London session, after bouncing at 1.3750 lows, with the four-year highs of 1.3870 at a relatively short distance.The US Dollar bounced up on Wednesday, following a hawkishly tilted
Fxstreet
3 hours ago
