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Markets
Fed’s Daly: Risks to the outlook are equally balanced
In an interview with Bloomberg on Friday, San Francisco Federal Reserve President Mary Daly said that she thinks the policy is in a good place.
Key takeaways…
USD slips, market jitters rise – Scotiabank
Markets are ending the week of a bit of a sour note. The USD has been clipped back somewhat in overnight trade as investors ponder a looming US government…
USD/CAD fails at 1.4435 and pulls back below 1.4400 weighed by a softer US Dollar
The Canadian Dollar trims some losses with the USD pulling back ahead of US inflation data.
The US Dollar is correcting lower against its main rivals on…
GBP/USD holds break below major trend support at 1.2520 – Scotiabank
The Pound Sterling (GBP) is flat on the session. UK Retail Sales rose a softer than expected 0.2% in November (versus +0.5% forecast), extending a run of…
Breaking: US core PCE inflation holds steady at 2.8% in November vs. 2.9% expected
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to 2.4% on a yearly basis in November…
GBP/JPY Price Forecast: Slumps as UK Retail Sales misses estimates
GBP/JPY declines to near 196.00 as higher number of BoE officials voted for an interest rate reduction on Thursday than what market participants had…
LNG developer Venture Global files for US IPO
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Venture Global, one of the biggest US liquefied natural…
Gold maintains a moderate positive tone after soft US inflation
Gold clings to moderate gains on Friday after softer-than-expected US PCE inflation figures.
The US Dollar Index has extended its reversal from two-year…
EUR/USD bounces back after soft US PCE inflation data
EUR/USD advances above 1.0400 as US PCE inflation rose slower than projected in November.
The outlook of the US Dollar remains firm on the Fed’s hawkish…
Fed’s Hammack: Rate cut was a close call, favored holding steady
In a statement released on Friday, Federal Reserve Bank of Cleveland President Beth Hammack noted that she dissented because the data supported holding the…