BoE keeps interest rate steady at 4% as expected
The Bank of England (BoE) left its benchmark interest rate unchanged at 4%, following the conclusion of the September monetary policy meeting on Thursday.
-
-
USD/JPY: Likely to trade in a range of 146.30/147.35 – UOB Group
US Dollar (USD) is likely to trade in a range of 146.30/147.35. In the longer run, downward momentum has slowed, but there is a slim chance for USD to revisit the 145.45 level, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. -
Notion rides AI boom to $500 million in annual revenue, but Microsoft competition looms
Notion, which competes with Google and Microsoft in productivity software, has seen soaring revenue growth thanks to a host of AI tools. -
Trump hints at ‘good news’ coming on the Russia-Ukraine war
U.S. President Donald Trump admitted that he had been surprised by how difficult the conflict between Russia and Ukraine has been to resolve. -
Meta product chief Chris Cox says smart glasses are the future of computing
The $799 Meta Ray-Ban Display AI glasses were revealed on Wednesday. -
US sells 10-year TIPS at 1.734% — big tail
If Stephen Miran gets his way and the Fed starts cutting 50 bps at every meeting, TIPS would get awfully attractive. The US just reopened 9-year, 10-month TIPS and sold them with a yield of 1.734% (plus inflation).
That was a big tail of 4.6 basis points but comes after a significant rally in TIPS, as the most-recent auctionwas 1.985%. The bid-to-cover at 2.020x was light compared to the past six auctions at 2.36x on average.
This article was written by Adam Button at investinglive.com.
-
Pound Sterling Price News and Forecast: BoE announcement has come and gone without too much alarm
The GBP/USD pair attracts some buyers near the 1.3585 region on Thursday, and for now, it seems to have stalled the post-FOMC retracement slide from its highest level since early July, which it touched the previous day. -
CAD trading flat vs. USD – Scotiabank
The Canadian Dollar (CAD) is trading flat against the US Dollar (USD), having recovered its Asian session losses through the start of early European trade, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. -
USD: G10 FX mixed post-Fed as markets eye RBNZ, BoJ risks – Scotiabank
The US Dollar (USD) is mixed and G10 currencies are showing some divergence in the aftermath of Wednesday’s FOMC, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. -
GBP/JPY gives up some intraday gains after BoE holds interest rates steady at 4%
The GBP/JPY pair gives back some of its early gains during the late European trading session on Thursday. Still, the pair trades 0.2% higher to near 200.70.
End of content
End of content