Dollar Retreats as Traders Cut October Fed Rate Hike Odds to 45%
The US dollar has pulled back from two-month highs after traders slashed the odds of an October Fed rate rise,…
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Euro zone inflation surges on energy shock, pressuring ECB toward another rate hike
France's harmonized inflation rate jumped to 3.4% year-on-year in September, Italy's to 4.1% and Spain's to 5.0%, all pulled higher…
Sterling extends gains as BoE hike odds hit 89.2% and UK GDP beats forecast
Sterling extended its advance on Wednesday after stronger UK GDP data landed on top of a Bank of England repricing…
BOJ eyes faster, more regular rate hikes to pre-empt inflation overshoot
The Bank of Japan expects to raise interest rates faster and more regularly as it moves to pre-empt an inflation…
Yen extends rebound as USD/JPY falls to 156.77, dollar eases from two-month high
The dollar eased from a two-month high on Wednesday as the yen extended its rebound, with USD/JPY falling 0.3% to…
