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Bank of England's Bailey calls on policymakers to challenge the populists
LONDON, Jan 16 (Reuters) - Bank of England Governor Andrew Bailey said financial policymakers had to push back against attempts by populist politicians to discredit them.In remarks published on Friday, Bailey said populism made it harder for global agencies - such as the International Monetary Fund ...Reuters
25 minutes ago
Bank of England's Bailey calls on policymakers to challenge the populists
LONDON, Jan 16 (Reuters) - Bank of England Governor Andrew Bailey said financial policymakers had to push back against attempts by populist politicians to discredit them.In remarks published on Friday, Bailey said populism made it harder for global agencies - typically organisations such as the Int...Reuters
56 minutes ago
GBP/USD: Chance for GBP to test 1.3355 – UOB Group
There is a chance for GBP to test 1.3355; the next support at 1.3315 is likely out of reach for now. In the longer run, outlook for GBP is negative; it could decline to 1.3355, potentially reaching 1.3315, UOB Group's FX analysts Quek Ser Leang and Lee Sue Ann note.
Fxstreet
an hour ago
USD/JPY extends losses nearing 158.00 amid intervention warnings
The Japanese Yen drops 0.3% on Friday’s European session, trading right above 158.10 at the time of writing. The pair has pulled back from the 159.45 highs seen earlier this week as Japanese authorities escalated their intervention warnings.
Fxstreet
an hour ago
EMERGING MARKETS-EM equities hit record high on receding geopolitical rhetoric, AI optimism
Stocks up 0.5%, FX down 0.1%Poland's 2025 deficit lower than plannedIMF plans $8.1 billion lending program for Ukraine- Georgieva EM equity funds see record inflows of $9.7 bln - J.P.MorganLebanon's international bonds near six-year highsBy Ragini Mathur and Twesha Dikshit Jan 16 (Reuters...Reuters
an hour ago
FOREX-Yen rises as Japan ponders joint intervention with US to counter yen weakness
Japanese markets brace for snap election and rates meetingUS economic data pushes out expectations of Fed rate cut ECB chief economist Lane warns of potential shocksBy Joice Alves TOKYO, Jan 16 (Reuters) - The yen rose against the dollar on Friday after Japan's Finance Minister Satsuki Kataya...Reuters
an hour ago
China and Canada renew bilateral currency swap agreement for five years
BEIJING, Jan 16 (Reuters) - China's central bank has renewed a bilateral currency swap agreement with the Bank of Canada for another five years, with a size of 200 billion yuan ($28.70 billion), the People's Bank of China said on Friday."The renewal will help strengthen financial coopera...Reuters
2 hours ago
EXCLUSIVE-South Korea's $350 billion US investment unlikely to kick off in H1, finmin says
South Korea's $350-bln package pushed beyond first half Slumping won pressures efforts to advance U.S. deal plansS.Korea plans to stabilise won, fight herd-driven depreciationBy Jihoon Lee, Cynthia Kim and Yena Park SEOUL, Jan 16 (Reuters) - South Korea's planned investment of $350 billi...Reuters
3 hours ago
Swedish households vulnerable with high debt, says central bank governor
COPENHAGEN, Jan 16 (Reuters) - Swedish central bank governor Erik Thedeen said on Friday that high debt and short interest-rate fixation periods make Swedish households vulnerable.“The fact that we in Sweden deviate with large debts and such a high proportion of variable loans is not optimal and con...Reuters
4 hours ago
USD/CAD Price Forecast: Slips below 1.3900 toward moving averages
USD/CAD inches lower after three days of gains, trading around 1.3890 during the European hours on Friday. The technical analysis of the daily chart shows the pair remains within an ascending channel pattern, suggesting a persistent bullish bias.
Fxstreet
4 hours ago
RPT-EXCLUSIVE-South Korea's $350 bln US investment unlikely to kick off in first half, finmin says
South Korea's $350-bln package pushed beyond first half Slumping won pressures efforts to advance U.S. deal plansS.Korea plans to stabilise won, fight herd-driven depreciationBy Jihoon Lee, Cynthia Kim and Yena Park SEOUL, Jan 16 (Reuters) - South Korea's planned investment of $350 billi...Reuters
4 hours ago
NZD/USD gains ground above 0.5750 despite upbeat US data
The NZD/USD pair attracts some buyers near 0.5755 during the early European session on Friday. However, the upside for the pair might be limited in the near term after positive US economic data push out expectations for rate cuts by the US Federal Reserve (Fed).
Fxstreet
4 hours ago
