29th November 2024

  • Dollar Heads for Worst Week Since August as Trump Trade Stalls

Yen has strengthened the most versus the dollar this week

Market in search of narrative for dollar, StoneX’s Wu says

https://blinks.bloomberg.com/news/stories/SNOY4WDWX2PS

  • France’s Le Pen Makes Budget Demands as Barnier Gives Ground (2)

French prime minister drops plan to raise taxes on electricity

National Rally president says his party has more red lines

https://blinks.bloomberg.com/news/stories/SNOEAJT1UM0W

  • German Inflation Unexpectedly Holds Steady, Backing ECB Cuts (1)

Consumer prices rose 2.4% from year ago in November; est 2.6%

ECB officials are hammering out pace, extent of further cuts

https://blinks.bloomberg.com/news/stories/SNNYTBT0G1KW

  • Yen Breaches Key 150 Level as Tokyo Inflation Fuels BOJ Bets

Japanese currency reaches strongest vs dollar since October

Swaps pricing in more than 60% chance of rate hike in December

https://blinks.bloomberg.com/news/stories/SNP82ZDWX2PS

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