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EUR/USD holds below 1.1750 ahead of German HICP release
The EUR/USD pair loses traction to around 1.1725 during the Asian trading hours on Friday, pressured by a firmer US Dollar (USD). Nonetheless, the potential downside might be limited amid the rising bets of the US Federal Reserve (Fed) rate cut next week.
Fxstreet
8 minutes ago
When are the UK data releases and how could they affect GBP/USD?
The United Kingdom (UK) docket has the monthly Gross Domestic Product (GDP) to be released by the Office for National Statistics (ONS) on Friday, alongside the Trade Balance and Industrial Production, all of which will be published later this session at 06:00 GMT.
Fxstreet
24 minutes ago
How government debt stress could roll across world markets
Long-dated bond slump seen rippling into tech, FX - investors Japan sells overseas stocks as rate hike bets boost yen French budget tumult could cap euro rally - analysts By Naomi Rovnick LONDON, Sept 12 (Reuters) - Escalating fears about government finances everywhere from Britain to Japan have...Reuters
36 minutes ago
US, Japan reaffirm FX commitments, leave room for interventions
Joint statement makes no fresh FX demands from USSays FX intervention should be reserved for excess volatilityJapan, US had separate channel to discuss FX in trade talksBy Makiko Yamazaki and Leika Kihara TOKYO, Sept 12 (Reuters) - The United States and Japan reaffirmed their commitment to "m...Reuters
an hour ago
Australian dollar set for best week since April as bullish case builds
Aussie among best performing G10 currencies with 1.6% weekly gainAt 10-month high on US dollar, also scales new peaks on euro, yen, Canadian dollarNew Zealand dollar lags a little but not far behindBy Stella Qiu SYDNEY, Sept 12 (Reuters) - The Australian dollar was at a 10-month high against the ...Reuters
2 hours ago
Gemini Announces Initial Public Offering Of 15,178,572 Shares Of Class A Common Stock At A Public Offering Price Of $28.00 Per Share
Sept 11 (Reuters) - GEMINI - INITIAL PUBLIC OFFERING OF 15,178,572 SHARES OF CLASS A COMMON STOCK AT A PUBLIC OFFERING PRICE OF $28.00 PER SHAREFurther company coverage: [ ]Reuters
2 hours ago
FOREX-Dollar on back foot as jobless claims firm up Fed rate cut views
By Gregor Stuart Hunter SINGAPORE, Sept 12 (Reuters) - The dollar remained under pressure on Friday as a surge in U.S. jobless claims and a modest tick up in inflation kept investors zeroed in on likely Federal Reserve interest rate cuts next week and beyond.The dollar index =USD was last trading...Reuters
3 hours ago
US, Japan reaffirm FX rates should be 'market determined'
TOKYO, Sept 12 (Reuters) - The United States and Japan reaffirmed that exchange rates should be "market determined" and that excess volatility and disorderly moves in exchange rates were undesirable, according to a joint statement released by the countries on Friday."As trusted partners,...Reuters
4 hours ago
GBP/USD catches fresh bids on renewed US Dollar selling pressure
GBP/USD rallied over one-third of one percent on Thursday, bolstered by fresh US Dollar (USD) weakness as investors pile into bets that the Federal Reserve (Fed) will finally be pushed into a series of interest rate cuts through the rest of the year.Fxstreet
5 hours ago
USD/JPY softens to near 147.00 as Fed rate cut bets stay firm
The USD/JPY pair attracts some sellers near 147.15 during the early Asian session on Friday. The US Dollar (USD) remains weak against the Japanese Yen (JPY) as US inflation reports support the case for the first interest rate cut by the Federal Reserve (Fed) since December 2024.Fxstreet
5 hours ago
Brazil's Supreme Court sentences Bolsonaro to 27 years in prison for coup plot
BRASILIA, Sept 11 (Reuters) - A panel of Brazil's Supreme Court sentenced on Thursday former President Jair Bolsonaro to 27 years and three months in prison for plotting a coup to remain in power after losing the 2022 election.Reuters
6 hours ago
FOREX-US dollar retreats as inflation runs warm, jobless claims tick higher
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 weekEurozone economy is in "good place" - ECB's LagardeBy Gertrude Chavez-Dreyfuss NEW YORK, Sept 11 (Reuters) - The U.S. dollar we...Reuters
9 hours ago
