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Dollar tentative, kiwi jumps as NZ inflation data tempers rate doves The dollar held just above an over one-year low on Wednesday as traders assessed the U.S. rate outlook, while the New Zealand dollar spiked briefly after a higher-than-expected inflation reading pushed back prospects of policy easing further out. The U.S. dollar managed to nudge up after a mixed retail sales report overnight, with sales growth missing forecasts in June but consumers boosted or maintained spending elsewhere, pointing to consumer resilience that is likely to keep the economy...
Dollar tentative, kiwi jumps as NZ inflation data tempers rate doves
Dollar tentative, kiwi jumps as NZ inflation data tempers rate doves
Source: Reuters
19/07/2023 8:58:25 AM
Dollar licks wounds as policy peak looms A bruised dollar took respite on Monday after suffering its worst weekly drop of the year, as traders waited on economic data and policy decisions before selling it down any further. The euro, which jumped 2.4% last week to a 16-month high, held just below that peak at $1.1223. The yen, also up 2.4% last week, held at 138.56 per dollar. Chinese growth data landed a little above low expectations on Monday, but without sparking much currency market response as traders had already priced i...
Dollar licks wounds as policy peak looms
Dollar licks wounds as policy peak looms
Source: Reuters
17/07/2023 9:05:40 AM
Dollar slips as banks rescue makes room for relief rally The dollar slipped on Friday as risk sentiment improved after authorities and banks moved to ease stress on the financial system in major markets, taking heat off other major currencies that tumbled earlier in the week in the wake of bank turmoil. Large U.S. banks on Thursday injected $30 billion in deposits into First Republic Bank, swooping in to rescue the lender, which was caught up in a widening crisis triggered by the collapse of two other mid-size U.S. banks over the past week. C...
Dollar slips as banks rescue makes room for relief rally
Dollar slips as banks rescue makes room for relief rally
Source: Reuters
17/03/2023 9:04:37 AM
International Finance Corporation plans to lend $50M for Rabobank India International Finance Corporation (IFC) part of the World Bank group plans to lend up to $50 million to Rabobank India, the Indian branch of Netherlands-based Rabobank. According to IFC, the loan will be of five year tenor and it aims to support Rabobank India's efforts to expand its lending programme to climate smart agriculture (CSA) and renewable energy projects. The IFC and Rabobank India are also in discussions on the former's advisory services aiming to assist the latter i...
International Finance Corporation plans to lend $50M for Rabobank India
International Finance Corporation plans to lend $50M for Rabobank India
Source: IANS
31/05/2021 11:03:48 AM