Australian dollar slides to 4-mth low as soft GDP fuels rate cut bets
Investing.com– The Australian dollar weakened sharply on Wednesday after softer-than-expected gross domestic product data spurred increased bets that the Reserve…
Asian FX muted; S.Korean won at 2-year low amid political jitters
Investing.com– Asian currencies drifted lower on Wednesday with the South Korean won at a two-year low after President Yoon Suk-Yeol’s…
Aussie dollar outlook hinges on US trade policy under Trump, says BofA
Investing.com– There are three potential scenarios for the Australian dollar through mid-2025, contingent on U.S. policy under President-elect Trump, analysts…
Dollar shows strength; euro retreats ahead of French no-confidence vote
Investing.com – The US dollar rose Wednesday, while the euro retreated ahead of a vote of no-confidence in France later…
Euro steady ahead of French no-confidence vote, won roiled by political crisis
By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) – The euro marked time on Wednesday ahead of France’s no- confidence…
Euro to stay weak, but avoid parity to USD for now: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – A retreating euro will remain weak in the near term, trapped between political ructions…
UBS lowers USDJPY forecasts to 145 by end-2025 and end-2026
Investing.com — UBS has revised its forecasts for the USDJPY, lowering expectations to 145 for both end-2025 and end-2026, down from…
Factbox-Who are bankrupt Northvolt’s creditors?
(Reuters) -Northvolt, the Swedish maker of battery cells for electric vehicles, on Nov. 21 filed for Chapter 11 bankruptcy protection…
Macron aims to install new French PM quickly if government falls, sources say
By Elizabeth Pineau and Michel Rose PARIS (Reuters) – French President Emmanuel Macron aims to install a new prime minister…
Fed’s Musalem expects more rate cuts, keeping options open on December meeting
By Michael S. Derby NEW YORK (Reuters) – St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects…