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Asian currencies rose on Tuesday, with the Japanese yen nearing a 2024 high as the dollar retreated amid growing bets that the Federal Reserve will cut interest rates by a wide margin this week. Regional trading volumes were subdued due to…

UBS says retail sales data could tip the balance between a 25bp or 50bp rate cut:Retail sales and industrial production data... Weakness in these data could affect the Fed's decision to cut the federal funds rate by 50 basis points instead…

By Gertrude Chavez-Dreyfus and Chibuike Oguh NEW YORK (Reuters) - The euro rose against the dollar on Thursday after the European Central Bank cut interest rates and its president, Christine Lagarde, tempered expectations for another cut…

The Bank of Japan is scheduled to meet on September 19-20. The announcement will be made sometime between 0230 GMT and 0330 GMT on Friday (no firm time):2230 - 2330 ESTThe last speech we heard from the Bank of Japan was hawkish (well,…

(This Sept. 13 story has been refiled to remove Mellon's BNY name in paragraph 8.) By Gertrude Chavez-Dreyfus and Chibuike Oguh NEW YORK (Reuters) - The U.S. dollar fell to its lowest level in nearly nine months against the Japanese yen on…

With the Federal Reserve set to cut interest rates just days away, a cryptocurrency expert has shed light on the implications. BitcoinThe performance of the central bank after the interest rate cut, especially on September 18, has…

By Gertrude Chavez DreyfusNEW YORK (Reuters) - Futures contracts for the federal funds rate, which measures the cost of unsecured overnight loans between banks, priced in a 60 percent chance that the U.S. Federal Reserve will cut interest…

Traders and investors are watching Wall Street's major market averages move in a mixed direction on Monday, as market participants prepare for the Federal Reserve's monetary policy announcement, which is scheduled to be released later in…

By Vidya Ranganathan and Samuel Indyk LONDON (Reuters) - The dollar fell and the yen hit its highest in more than a year on Monday as market participants grew more expectant of a large interest rate cut by the U.S. Federal Reserve later…

The main US data this week is on Tuesday, with the Federal Open Market Committee (FOMC) announcement the following day. UBS is watching retail sales and industrial production data, saying weakness in these could impact the European Central…