Thursday , November 30 2023

Tag Archives: MCE

How hedge funds view the fate of king dollar

LONDON/NEW YORK, Nov 30 (Reuters) – After making hay when a summer bond rout propelled the U.S. dollar to 10-month highs, hedge funds are now pondering what lies ahead for the greenback. The dollar, down 3.5% in November against a basket of other major currencies, is set for its worst …

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Rupee battles persistent dollar demand in face of dovish Fed outlook

A man counts Indian currency notes inside a shop in Mumbai, India, August 13, 2018. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights MUMBAI, Nov 30 (Reuters) – The Indian rupee is expected to open little changed on Thursday as persistent dollar demand countered increasing confidence that the U.S. Federal Reserve will …

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Dollar drifts near three-month low, focus on inflation data

A New Zealand dollar coin sits atop a United States one dollar bill in this photo illustration taken on March 11, 2016. REUTERS/David Gray/Illustration/File Photo Acquire Licensing Rights SINGAPORE, Nov 30 (Reuters) – The dollar was rooted near a three-month low on Thursday and was set to post its steepest …

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China’s Xi visits financial hub Shanghai

Chinese President Xi Jinping attends the Leaders Retreat at the Asia-Pacific Economic Cooperation (APEC) summit in San Francisco, California, U.S., November 17, 2023. REUTERS/Kevin Lamarque Acquire Licensing Rights SHANGHAI, Nov 29 (Reuters) – China President Xi Jinping visited Shanghai, where he went to several venues and learned about the city’s …

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Most Canadian financial institutions skeptical on digital C$ -BoC

A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto, January 23, 2015. REUTERS/Mark Blinch/File Photo Acquire Licensing Rights OTTAWA, Nov 29 (Reuters) – Most financial institutions consulted by the Bank of Canada (BoC) expressed skepticism about the benefits of a potential …

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Bonds bask in talk of Fed interest rate cuts

[1/2]A trader works at his desk at the stock exchange in Frankfurt, Germany, January 21, 2016. REUTERS/Kai Pfaffenbach/File Photo Acquire Licensing Rights Two-year Treasury yields hit 4-month low Euro zone sovereign bond yields fall Euro STOXX 600 adds 0.4%, German shares lead Dollar slides broadly; Gold hits 7-month high Global …

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India approves new finance panel to suggest sharing of federal taxes

India’s Information Minister Anurag Thakur addresses a news conference after welcoming delegates to G20 finance officials meeting near Bengaluru, India, February 22, 2023. REUTERS/Samuel Rajkumar Acquire Licensing Rights NEW DELHI, Nov 28 (Reuters) – The Indian government on Tuesday approved the setting up of a new Finance Commission that will …

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