News
Important Only
When is the China’s Trade Balance and how could it affect AUD/USD?
The General Administration of Customs will publish its data for November on Monday at 03.00 GMT. Trade balance is expected to widen to $100.20B in November, compared to $90.07 in the previous reading. Exports are expected to rise by 3.8%, while Imports are projected to climb by 2.8%.
Fxstreet
23 minutes ago
FOREX-Dollar finds footing ahead of Fed meet
'Hawkish cut' expected for FedRates seen on hold in Australia, Canada, Switzerland and Brazil SINGAPORE, Dec 8 (Reuters) - The U.S. dollar steadied on Monday after two weeks of selling, ahead of a week crammed with central bank meetings and headlined by the U.S. Federal Reserve, where an ...Reuters
35 minutes ago
USD/JPY loses momentum below 155.50 as Fed rate cut looms, Japan-China military tensions flare
The USD/JPY pair loses ground to near 155.25 during the early Asian session on Monday. The US Dollar (USD) weakens against the Japanese Yen (JPY) as traders brace for the Federal Reserve (Fed) meeting this week, where policymakers are widely expected to cut interest rates.
Fxstreet
2 hours ago
India’s strong fundamentals to support 7% growth despite global risks, finance minister says
By Manoj Kumar NEW DELHI, Dec 6 (Reuters) - India’s economic growth will accelerate to at least 7% this year as fundamentals remain robust despite global uncertainties, Finance Minister Nirmala Sitharaman said on Saturday.“Fundamentals of the economy are strong,” Sitharaman said at the Hindustan ...Reuters
Sat, Dec 6
China, Macao upgrade currency swap to long-term standing swap deal
SHANGHAI, Dec 6 (Reuters) - China's central bank has upgraded a bilateral currency swap agreement to a long-term standing swap deal with the Monetary Authority of Macao, the People's Bank of China said late on Friday.The size of the deal will be expanded to 50 billion yuan ($7.1 billion) fro...Reuters
Sat, Dec 6
FOREX-Dollar slips as traders eye next week's Fed meeting
Traders price a near 90% chance on a Fed cut on December 10US consumer sentiment improves in early DecemberYen edges up amid reports BOJ likely to hike this monthBitcoin slips for second straight sessionBy Saqib Iqbal Ahmed NEW YORK, Dec 5 (Reuters) - The U.S. dollar slipped on Friday but hel...Reuters
Fri, Dec 5
Canadian Dollar soars after upbeat labor report
The Canadian Dollar (CAD) found room on the high side on Friday, climbing nearly 0.9% and locking in a second straight week of firm gains for the Loonie. The CAD has gained nearly 2.2% bottom-to-top against the US Dollar (USD) since hitting seven-month lows in early November.
Fxstreet
Fri, Dec 5
AB InBev to acquire 85% stake in beverage maker BeatBox for $490 million
Dec 5 (Reuters) - Anheuser-Busch InBev ABI.BR on Friday said it plans to acquire a majority stake in the U.S.-based ready-to-drink beverage brand BeatBox for about $490 million.The deal would give Anheuser-Busch ownership of 85% of the company, with a path to 100% after five years based on a predete...Reuters
Fri, Dec 5
AUD/USD Price Forecast: Aussie eyes YTD high after channel breakout
The Australian Dollar (AUD) extends its advance against the US Dollar (USD) on Friday, with AUD/USD climbing to its highest level since September 18 as traders are almost certain the Reserve Bank of Australia (RBA) will leave interest rates unchanged on December 9.Fxstreet
Fri, Dec 5
Bolsonaro signals support for eldest son to run for president next year, says CNN Brasil
SAO PAULO, Dec 5 (Reuters) - Former Brazilian President Jair Bolsonaro has signaled he intends to support his eldest son, Senator Flavio Bolsonaro, as a presidential candidate in the 2026 election, broadcaster CNN Brasil reported on Friday.According to CNN Brasil, which cited unnamed sources close t...Reuters
Fri, Dec 5
Dollar eases as traders eye next week's Fed meeting
Traders price a near 90% chance on a Fed cut on December 10US consumer sentiment improves in early DecemberYen treads water amid reports BOJ likely to hike this monthBitcoin slips for second straight sessionBy Saqib Iqbal Ahmed NEW YORK, Dec 5 (Reuters) - The U.S. dollar edged lower on Friday...Reuters
Fri, Dec 5
CANADA FX DEBT-Canadian dollar rises to 10-week high as jobs data beats estimates for third month
Canadian dollar gains 0.7% against the greenbackTouches strongest since September 24 at 1.3854Economy adds 53,600 jobs in November2-year yield jumps 16.7 basis points to 2.631%By Fergal Smith TORONTO, Dec 5 (Reuters) - The Canadian dollar strengthened by the most in six months against its U.S. co...Reuters
Fri, Dec 5
EUR/GBP Price Forecast: Sellers dominate as momentum turns decisively bearish
EUR/GBP remains under pressure on Friday as the Euro (EUR) continues to soften against a broadly supported British Pound (GBP). Sterling has held firm since the UK Autumn Budget, even as markets maintain strong expectations for a Bank of England (BoE) interest rate cut at the December 18 meeting.
Fxstreet
Fri, Dec 5
Argentina unveils tender for local US dollar bond as Milei seeks market return
Dec 5 (Reuters) - Argentina announced on Friday the tender for a four-year dollar bond governed by local law as President Javier Milei's administration continues to test the waters for an eventual return to international capital markets.The tender for the so-called Bonar, with a 6.50% coupon, wi...Reuters
Fri, Dec 5
