News Formal

Major currencies hold steady ahead of Fed minutes, RBNZ - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Major currencies were holding steady on Wednesday, ahead of another day when central bank policy takes centre stage for traders with a Reserve Bank of New Zealand meeting and the Federal Reserve’s minutes from its recent meeting both due.

The dollar index, which tracks the greenback against six main peers, was at 106.46 in morning trade, having ended Tuesday largely unchanged.The dollar index, which tracks the greenback against six main peers, was at 106.46 in morning trade, having ended Tuesday largely unchanged.

“The Fed’s beef with the market in recent days and weeks has been that they don’t subscribe to the market’s view that it will be cutting rates in 2023,” said Ray Attrill, global head of FX strategy at National Australia Bank. The euro was steady at $1.0169 after squeezing out small gains overnight, and sterling was last fetching $1.2106.The currency has been a major beneficiary of the softer dollar and firmed to as much as 131.7 per dollar last week, but has since given back some of those gains.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

I’m gradually making more earnings now in my trades but with the aid of a trader that was recommended and now I'm recommending her to y'all EliDonovan01

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 37. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

A major move from Pick n Pay as it targets middle-market customersPick n Pay, has launched a new supermarket targeted at middle-income customers. That looks to serve shoppers across its three banners, which includes Boxer, Pick n Pay QualiSave and Pick n Pay, with a renewed emphasis on the best products and services.
Källa: CapeTownEtc - 🏆 17. / 63 Läs mer »

Major Eskom coal supplier acquiring wind power company for R904 millionSeriti Resources, a key coal supplier to South Africa’s power utility, will buy a majority stake in renewable energy developer Windlab Africa.
Källa: mybroadband - 🏆 11. / 67 Läs mer »