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The Euro remains firm ahead of the first time the ECB will cut rates before the Federal Reserve
The Forex Market· 2 days agoOverview: The dollar is mostly softer today, ahead of tomorrow's employment report. The ECB meeting...
Unwinding of hugely popular currency trade rocks markets
Reuters· 2 days agoA sharp drop in Mexico's currency after a landslide election result has shaken foreign exchange...
Demise of dollar's FX reserve omnipotence greatly exaggerated: McGeever
Reuters· 1 day agoThe emergence of the euro and China's explosive rise to the world's second-biggest economy have diminished the dollar's FX reserve status, and an ongoing desire for diversification ...
ECB Cuts Interest Rates for First Time Since 2019
The Wall Street Journal· 1 day agoThe quarter-point rate cut potentially puts the ECB and the Fed on different tracks and widens an existing gap in borrowing costs between the U.S. and ...
Unwinding of hugely popular currency trade rocks markets By Reuters
Investing.com· 2 days agoLONDON (Reuters) -A sharp drop in Mexico's currency after a landslide election result has shaken foreign exchange markets as far as Hungary and Turkey this week, leaving investors ...
Dollar stabilizes ahead of key employment data; euro slips back By Investing.com
Investing.com· 4 days agoThe U.S. dollar edged higher in early European trade Tuesday, rebounding after steep overnight...
EU’s wobbly budget rules can bolster shaky economy
Reuters· 5 days agoEurope’s new budget rules can work only if Brussels can stretch them. 11 countries including France, Italy and Belgium, posted 2023 deficits above 3% of...
Election results lift India but weigh on Mexico
The Forex Market· 5 days agoIt is firmer against all the G10 currencies but the yen, Swiss franc, and Swedish krona, which are marginally firmer. The market seems reluctant to...
Swiss Inflation Matching 2024 High Erodes Case for SNB Rate Cut
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Swiss inflation held at its fastest pace this year, eroding the case for a Swiss...
World Rate Paths Set to Diverge With ECB’s First Cut
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- The European Central Bank could open the door to a weaker euro on Thursday as its first interest-rate cut of the cycle puts the region on...