Asia FX muted as dollar hits 3-mth high on cooling rate cut bets

Asia FX muted as dollar hits 3-mth high on cooling rate cut bets
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Asia FX muted as dollar hits 3-mth high on cooling rate cut bets
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BoE Deputy Governor Clare Lombardelli reinforced the case for a “gradual and careful” approach to policy easing in a speech today. She noted underlying inflation “have continued to fall” despite noises. Monetary policy is still restrictive and will continue to balance the need to lower inflation with the risk of undermining already soft demand. Lombardelli…
The UK must act to curb a sharp increase in the use of racist hate speech by British politicians and high-profile public figures, a UN body has said. Ministers must “adopt comprehensive measures to discourage and combat racist hate speech and xenophobic discourse by political and public figures” and ensure that such cases are “effectively…
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
The British pound is up sharply on Friday, extending its rally for a fourth straight day. In the European session, GBP/USD is trading at 1.3088, up 0.94% on the day. The pound has surged 2.9% since Monday. /* Requesting advertisement by calling an endpoint assures that the advertisement is never cached together with the page….
Economists have clearly downgraded their outlook for the U.S. economy, concluding that the war with Iran and rising energy prices will weigh increasingly heavily on economic activity in the coming months. At the center of these concerns are higher inflation, weaker consumption, slower GDP growth, and a deteriorating labor market. More and more often, the…
European stock markets were set for a third straight week of gains on Friday, following the positive performance of Wall Street. Investors were encouraged by the US Federal Reserve’s recent interest rate cut and continued to believe more cuts would follow in 2026. The main pan-European STOXX 600 index rose by 0.4%, moving close to…