News
Important Only
ECB's Lagarde signals no rush to rescue France on bond market
Lagarde says euro zone bond market is orderlyStresses countries must stick to budget rulesBy Francesco Canepa and Balazs Koranyi FRANKFURT, Sept 11 (Reuters) - European Central Bank President Christine Lagarde signalled no rush on Thursday to intervene in the bond market to support France, which ...Reuters
2 minutes ago
Russian rouble weakens, raising doubts over rate cut resolve
The rouble's strengths helped fight inflationRouble falls by over 5% this weekStagnating economy needs a rate cutWidening budget deficit a factor in the rate decision By Gleb Bryanski and Elena Fabrichnaya MOSCOW, Sept 11 (Reuters) - The Russian rouble continued to weaken against the dollar a...Reuters
50 minutes ago
Indian exporters seek loan relief, favorable rupee rate in meeting with central bank, sources say
By Ashwin Manikandan and Gopika Gopakumar MUMBAI, Sept 11 (Reuters) - Indian exporters, hurt by punitive tariffs imposed by the U.S., have sought a moratorium on loan repayments and a favorable exchange rate from the country's central bank in a closed-door meeting with top officials, two sour...Reuters
51 minutes ago
ECB holds rates unchanged, still 'in a good place'
Deposit rate unchanged at 2% as expectedMarket starting to price out last rate cutDebate over more easing to simmer for monthsEconomy holding up but tariffs impact not yet fully feltBy Balazs Koranyi and Francesco Canepa FRANKFURT, Sept 11 (Reuters) - The European Central Bank left interest rates...Reuters
58 minutes ago
Traders raise bets that the ECB is done cutting rates
Traders now see one more ECB rate cut next year as a coin tossBank's assessment of 'balanced' outlook seen as hawkishECB projections paint mixed pictureBy Yoruk Bahceli, Sara Rossi and Alun John Sept 11 (Reuters) - Traders on Thursday curbed their bets on another European Central Bank...Reuters
an hour ago
IMF says Fed has scope to lower interest rates
WASHINGTON, Sept 11 (Reuters) - The International Monetary Fund on Thursday said the Federal Reserve has scope to lower interest rates because of the weakening U.S. labor market, but the central bank should move cautiously with a close eye on emerging economic data. "Our overall sense is that...Reuters
2 hours ago
FOREX-US dollar eases after slightly hotter inflation, jobless claims uptick
US headline CPI rises 0.4%, year-on-year up 2.9%Initial jobless claims rise more than expected.Fed funds futures price in 91% odds of 25-bp rate cut next weekBy Gertrude Chavez-Dreyfuss NEW YORK, Sept 11 (Reuters) - The U.S. dollar slipped on Thursday after modestly hotter August inflation data a...Reuters
2 hours ago
US Fed looks set to resume rate cuts just as its peers are nearly done
ECB holds rates at 2%, lowers inflation projections Fed set to resume easing next week, Trump calls for more Markets suspect Switzerland unlikely to take rates negativeBy Sara Rossi and Alun John LONDON, Sept 11 (Reuters) - The U.S. Federal Reserve is an outlier among central banks in developed m...Reuters
3 hours ago
GBP/USD climbs as mixed US inflation data bolsters Fed rate cut expectations
The British Pound (GBP) gains traction against the US Dollar (USD) on Thursday, with GBP/USD reversing earlier losses as investors digested a mixed US inflation report that failed to shake expectations of a Federal Reserve (Fed) interest rate cut next week.
Fxstreet
3 hours ago
Euro zone bond yields dip after ECB decision, U.S. data, euro tad higher
Sept 11 (Reuters) - European government bond yields dipped and the euro nudged higher on Thursday after the European Central Bank held rates steady at 2%, in a decision that was followed shortly by the latest U.S. inflation numbers.The ECB has halved its key rate to 2% in the year to June but has be...Reuters
4 hours ago
EUR/USD climbs to 1.1700 as ECB holds steady, US CPI reinforces Fed cut bets
The Euro (EUR) reverses sharply against the US Dollar (USD) on Thursday, snapping a two-day losing streak and climbing back above the 1.1700 mark as traders digest the European Central Bank (ECB) policy announcement and US inflation data.
Fxstreet
4 hours ago
FOREX-US dollar pares gains vs yen, euro turns higher after inflation data, jobless claims
NEW YORK, Sept 11 (Reuters) - The U.S. dollar reversed gains against the yen while the euro turned higher on Thursday after inflation data came in mostly in-line with market forecasts, reinforcing the view that the Federal Reserve will resume cutting interest rates at a policy meeting next week.High...Reuters
4 hours ago
Euro dips after ECB rate decision, stocks and bonds steady
Sept 11 (Reuters) - The euro dipped a touch, while euro zone bond yields stayed steady, and European stocks held higher after the European Central Bank held rates steady at 2% as expected, but slightly reduced its longer-term growth and inflation forecasts.Reuters
4 hours ago
FOREX-Dollar steady as traders await US inflation data, ECB meeting
Euro steady, ECB rate decision due at 1215 GMT Markets await US CPI data later on ThursdayAustralian dollar nears strongest level since NovemberBy Gregor Stuart Hunter and Lucy Raitano SINGAPORE/LONDON, Sept 11 (Reuters) - The dollar held onto small gains on Thursday as traders awaited key U.S. c...Reuters
5 hours ago
