China greenlights autonomous driving firms Pony.ai and WeRide’s Hong Kong listings
The China-based autonomous driving firms Pony AI and WeRide have both filed with regulators in China to list their shares in Hong Kong.
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Germany 30-y Bond Auction: 3.17% vs previous 3.25%
Germany 30-y Bond Auction: 3.17% vs previous 3.25% -
GBP/USD: Likely to trade in a range between 1.3290 and 1.3365 – UOB Group
Pound Sterling (GBP) is likely to trade in a range between 1.3290 and 1.3365. In the longer run, downward momentum has slowed somewhat, but there is still a chance for GBP to decline to 1.3200, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. -
ECB’s Dolenc: No reason to change rates in the coming months
ECB’s Dolenc is Slovenia’s acting central bank governor. His policy
stance is neutral as he previously stated that monetary policy is in a good place and the next move could be
either a cut or a hike.This article was written by Giuseppe Dellamotta at investinglive.com.
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ECB’s Dolenc: No reason to change rates in the coming months
ECB’s Dolenc is Slovenia’s acting central bank governor. His policy
stance is neutral as he previously stated that monetary policy is in a good place and the next move could be
either a cut or a hike.This article was written by Giuseppe Dellamotta at investinglive.com.
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DXY: Powell sets a dovish tone – OCBC
Recent rise in US Dollar (USD) was stopped in its track. DXY last at 98.81 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. -
EUR/USD: Likelihood of EUR reaching 1.1490 is decreasing – UOB Group
Euro (EUR) could rise, but any advance is likely part of a higher range of 1.1575/1.1635. In the longer run, the likelihood of EUR reaching 1.1490 during this phase of weakness is decreasing, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. -
USD/INR tumbles on possible RBI’s intervention, FIIs continue to offload Indian equities
The Indian Rupee (INR) trades firmly against the US Dollar (USD) during afternoon trading hours in India on Wednesday. The USD/INR pair posts a fresh three-week low near 88.10 as the US Dollar extends its weakness, with Federal Reserve (Fed) dovish expectations returning under the spotlight. -
USD/CHF hits session lows sub-0.8000 amid generalised Dollar weakness
The US Dollar is trading lower across the board as investors increase bets on Fed cuts. -
USD/JPY slumps to near 151.00 as US Dollar underperforms on Fed dovish bets
The USD/JPY pair is down 0.45% to near 151.00 during the European trading session on Wednesday. The pair faces selling pressure as the US Dollar (USD) underperforms its peers, with traders remaining confident of two more interest rate cuts by the Federal Reserve (Fed) this year.
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