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FOREX-US dollar rises on positioning moves, but outlook remains bearish
Cracks appearing in labor market give green light to FedUniversity of Michigan consumer sentiment falls for 2nd monthEuro awaits Fitch verdict on French financesBy Samuel Indyk and Gertrude Chavez-Dreyfuss NEW YORK/LONDON, Sept 12 (Reuters) - The U.S. dollar rose on Friday, a day after falling on...Reuters
21 minutes ago
Mega Matrix Buys $3 million worth of ENA tokens to launch its Stablecoin Governance Strategy
Sept 12 (Reuters) - Mega Matrix Inc MPU.A:MEGA MATRIX INC. ANNOUNCES FIRST PURCHASE OF $3 MILLION WORTH OF ENA TOKENS TO IMPLEMENT ITS STABLECOIN GOVERNANCE TOKENS DAT STRATEGYMEGA MATRIX INC - PLANS TO ACCUMULATE $ENA WEEKLY BASED ON MARKET CONDITIONSReuters
4 hours ago
FOREX-Dollar regains some ground, still heading for small weekly drop
Cracks appearing in labour market give green light to FedEuro awaits Fitch verdict on French financesBy Samuel Indyk and Gregor Stuart Hunter LONDON, Sept 12 (Reuters) - The dollar inched higher on Friday after falling the day before as a surge in U.S. jobless claims and a modest tick up in infla...Reuters
4 hours ago
RPT-BREAKINGVIEWS-Inflation defences are no match for debt burden
By Edward ChancellorLONDON, Sept 11 (Reuters Breakingviews) - Countries across the Western world are over-indebted. In theory, they could grow their way out of the debt or rein in their fiscal deficits. But the richer countries have a miserable recent growth record. And as the fall of French Prime M...Reuters
4 hours ago
Sterling slips as economy stagnates; eyes on BoE
By Samuel Indyk LONDON, Sept 12 (Reuters) - The British pound dropped against the dollar on Friday after data showed the economy had stagnated in July, although it was still set for its second weekly rise before a Bank of England policy meeting next week. UK gross domestic product remained unchan...Reuters
6 hours ago
China central bank to better regulate cross-border yuan financing between banks
SHANGHAI, Sept 12 (Reuters) - China's central bank said on Friday it plans to better regulate cross-border yuan financing between banks, and promote offshore use of the Chinese currency.China is ramping up the pace of yuan globalisation as Beijing seeks to reduce its reliance on the U.S. dollar ...Reuters
6 hours ago
RUB: Another 200bp cut expected today – Commerzbank
The Russian central bank (CBR) meets today for its rate decision: the consensus had originally been split between a 100bp and a 200bp rate cut scenario – but, with more economic weakness and softening of inflation reported, more views have shifted towards the 200bp (down to 16%) option and bets haveFxstreet
6 hours ago
JPY: Statement with the US emphasises renunciation of FX manipulation – Commerzbank
The US Treasury Secretary and his Japanese counterpart have issued a joint statement reaffirming their commitment to refrain from 'manipulating FX to gain a competitive advantage', Commerzbank's FX analyst Michael Pfister notes.
Fxstreet
6 hours ago
EMERGING MARKETS-EM stocks eye best week since September 2024; Russia awaits rate decision
EM stocks up 1.1%, FX flatRussia's rate decision due shortly Moody's to review Romania's credit ratingBy Pranav Kashyap and Twesha Dikshit Sept 12 (Reuters) - An index tracking emerging market stocks was on track for its best week since September 2024 on Friday, even as Turkey's s...Reuters
7 hours ago
IMF urges Romania to keep up deficit-cutting plans
BUCHAREST, Sept 12 (Reuters) - The International Monetary Fund (IMF) on Friday forecast slower growth in Romania this year and urged the country to push ahead with fiscal consolidation plans as it battles the European Union's highest budget gap and the risk of a credit downgrade.The IMF expects ...Reuters
7 hours ago
FOREX-Dollar regains some ground, still heading for weekly drop
Cracks appearing in labour market give green light to FedEuro awaits Fitch verdict on French financesBy Samuel Indyk and Gregor Stuart Hunter LONDON, Sept 12 (Reuters) - The dollar inched higher on Friday after falling the day before as a surge in U.S. jobless claims and a modest tick up in infla...Reuters
7 hours ago
ECB must be mindful of downside risks to inflation, Rehn says
HELSINKI, Sept 12 (Reuters) - The European Central Bank must be mindful of downside risks to inflation that stem from cheaper energy and a stronger euro, Finnish central bank chief Olli Rehn said on Friday."We need to avoid a situation where we deviate too much below or too much above our target...Reuters
7 hours ago
BOJ should watch out inflation risks from weak yen, ex-Japan FX diplomat says
Japan's interest rates are too low, Gyoten saysWeak yen could accelerate inflation, he saysGyoten was involved in the 1985 Plaza AccordBy Makiko Yamazaki and Tamiyuki KiharaTOKYO, Sept 12 (Reuters) - The Bank of Japan should be mindful of the risk of inflation accelerating due to the yen's ...Reuters
8 hours ago
USD/CAD Price Forecast: Corrects to near 1.3830 on US stagflation risks
The USD/CAD pair trades cautiously near Thursday’s low around 1.3835 during the European trading session on Friday. The Loonie pair retraces from its recent highs of 1.3890 as the US Dollar (USD) faces selling pressure amid growing United States (US) stagflation risks.Fxstreet
9 hours ago
