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☆ Yen holds nerve as BOJ decision looms; dollar resurgent
▼ + stars: | 2024-03-19 | by ( ) www.cnbc.com time to read: +4 min

The yen was last little changed at 149.14 per dollar, while the Australian dollar fell 0.06% $0.6556. Against the euro, the yen steadied at 162.18, with the Japanese currency likewise little changed against the Aussie at 97.78. So BOJ's decisions generally are, as far as the yen is concerned, a matter of secondary importance," said Berry. "Holding policy rates steady and policy guidance broadly unchanged seems like a reasonably straightforward decision in the presence of high uncertainty," said Carl Ang, fixed income research analyst at MFS Investment Management. The New Zealand dollar was similarly pinned near Monday's two-week low and last bought $0.6079.

Persons: Gareth Berry, It's, they're, it's, Berry, Carl Ang, Sterling, —, Goldman Sachs, David Mericle Organizations: Bank of Japan, U.S, Reserve Bank of Australia, Aussie, Nikkei, Macquarie, Federal Reserve, MFS Investment Management, U.S ., New Zealand Locations: Bath, England, Asia, Japan, United States, Down, Australia, Monday's

☆ Dollar steady, yen soft as BOJ policy shift beckons
▼ + stars: | 2024-03-18 | by ( ) www.cnbc.com time to read: +3 min

In this photo illustration, a person is seen holding 100, 50, and 5 U.S. dollar bills in his hand. Tom Kenny, senior international economist at ANZ, said an end to negative interest rate policy is likely to reflect a 10-basis-point hike taking the current policy rate from -0.1% to 0.0%. "We expect this to be a dovish hike with the BOJ unlikely to signal its intention to hike again soon." The focus has shifted to whether the policymakers will make any changes to their projections of rate cuts, or dot plots for this year. The Fed in December projected 75 basis points, or three rate cuts, of easing in 2024.

Persons: Kazuo Ueda, Tom Kenny, Powell, bitcoin Organizations: U.S, Bank of Japan, Federal Reserve, ANZ, Beyond, Reuters, New Zealand, Bank of England, Fed, NatWest Locations: Japan, United States, England, Australia, Norway, Switzerland, Mexico, Brazil, Indonesia, Asia, Beyond Japan, Australia's, U.S, cryptocurrencies

☆ Dollar ends week under pressure as data keeps rate cut hopes alive
▼ + stars: | 2024-03-08 | by ( ) www.cnbc.com time to read: +4 min

The unemployment rate rose to 3.9% in February after holding at 3.7% for three straight months, the data showed. The euro got a lift this week as the dollar came under pressure after Federal Reserve Chair Jerome Powell sounded more confident about cutting interest rates in coming months. Currencies typically weaken if central banks lower interest rates. Against the yen, the dollar was 0.68% lower at 147.05 yen, its weakest since Feb. 2. Firming hopes that interest rates in the U.S. and Europe will start to fall in June also helped prop up the risk-sensitive Australian and New Zealand dollars.

Persons: Jerome Powell, Stuart Cole, Cole, Powell, Lindsey Bell, Kathleen Brooks, Sterling, BoE, Firming, bitcoin Organizations: Federal Reserve, Bureau of Labor Statistics, Equiti, ECB, Federal, Ventures, Bank of, Reuters, European Central Bank, U.S . Federal, Bank of England, New Locations: Japan, Charlotte , North Carolina, Bank of Japan, U.S, Europe, New Zealand

☆ Dollar droops as key U.S. data looms; yen firms on CPI beat
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: +2 min

The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key U.S. economic data that will provide fresh signals on how soon the Federal Reserve may begin cutting interest rates. The dollar traded on the back foot on Tuesday, as markets looked ahead to a week of key U.S. economic data that will provide fresh signals on how soon the Federal Reserve may begin cutting interest rates. The U.S. dollar index , which measures the currency against a basket of peers including the yen and euro, traded flat at 103.78 early in Asian time, following a 0.17% slide on Monday. U.S. durable goods data is due later on Tuesday, while January's U.S. personal consumption expenditures price index, which is the Fed's preferred measure of inflation, will be released Thursday. The dollar slipped 0.1% to 150.54 yen as a slightly hotter-than-expected reading for Japan's January consumer price index kept the BOJ on track to exit negative interest rate policy as soon as next month.

Persons: CME's, Richard Franulovich, Cryptocurrency bitcoin Organizations: Federal Reserve, Bank of Japan's, U.S, January's, New Zealand, Aussie, Traders, Reserve Bank of New, MicroStrategy Inc Locations: January's U.S, Reserve Bank of New Zealand

☆ Australia women’s goalkeeper jerseys finally go on sale – six months after the World Cup
▼ + stars: | 2024-02-26 | by ( George Ramsay | ) edition.cnn.com time to read: +2 min

CNN —From this week, soccer fans will be able to buy Australian goalkeeper Mackenzie Arnold’s Nike jersey, more than six months after she wore the purple top at the Women’s World Cup. Arnold kept a tournament-high four clean sheets during the Matildas’ run to the semifinals of last year’s Women’s World Cup, which was co-hosted by Australia and New Zealand. That prompted England shot-stopper Mary Earps to campaign vociferously for the sportswear company to release the women’s goalkeeper jerseys ahead of the tournament. CNN has contacted Nike for comment regarding the release of the Australian goalkeeper jersey. Arnold kept four clean sheets at the Women's World Cup last year.

Persons: Mackenzie Arnold’s Nike, Arnold, ” Arnold, England, Mary Earps, vociferously, Brendon Thorne, Ashley Reade, ’ Organizations: CNN, Football Australia, France, Australia, Nike, Reuters, Nike’s Pacific, Australian, Uzbekistan Locations: Australia, New Zealand, England, US, France, Netherlands, Melbourne, Paris

☆ Yen near 10-week low, dollar buoyant as traders adjust rate bets
▼ + stars: | 2024-02-09 | by ( ) www.cnbc.com time to read: +3 min

The yen wallowed near a 10-week low on Friday, while the dollar ground towards a fourth weekly advance as traders dialed back bets on how quickly the Bank of Japan, or BOJ, will raise interest rates and how soon the Federal Reserve will cut them. The yen wallowed near a 10-week low on Friday, while the dollar ground towards a fourth weekly advance as traders dialed back bets on how quickly the Bank of Japan, or BOJ, will raise interest rates and how soon the Federal Reserve will cut them. The yen was little changed at 149.315 per dollar in early Asian trading, after dipping to 149.48 late in the previous session for the first time since Nov. 27. Both currencies have been relatively resilient with officials from the European Central Bank and Bank of England pushing back against market wagers on early rate reductions. New Zealand's dollar gained 0.34% to $0.6117, supported by bets for a delayed start to Reserve Bank rate cuts - or even the potential for further hikes - after data this week showed a stronger-than-forecast jobs market.

Persons: Shinichi Uchida, Shunichi Suzuki, Jerome Powell, FOMC, Richard Franulovich, Sharon Zollner, bitcoin Organizations: Bank of Japan, Federal Reserve, BOJ, Japanese Finance, Traders, European Central Bank and Bank of England, Reserve, ANZ Locations: Tokyo

☆ Dollar scales fresh peaks as Fed cut bets recede
▼ + stars: | 2024-02-05 | by ( ) www.cnbc.com time to read: +3 min

"A one-two punch from Jay Powell's FOMC presser and a very strong nonfarm payrolls report have essentially closed the door on a March rate cut," said Chris Weston, head of research at Pepperstone. The Japanese yen was last 0.15% lower at 148.58 per dollar, having hit a trough of 148.82 earlier in the session. Treasury yields also jumped on expectations of higher-for-longer U.S. rates, with the two-year yield, which typically reflects near-term interest rate expectations, last up nearly seven bps at 4.4386%. That did little to help the yuan, with the offshore yuan last marginally lower at 7.2182 per dollar, pressured by a stronger greenback. "So far we've just seen speculation and some media reports talking about further support for the equity market or the property market.

Persons: Jerome Powell's, Jay Powell's FOMC presser, Chris Weston, Powell, Carol Kong, CBA's Organizations: Federal Reserve, New, Traders, Fed, CBS, Sterling, Commonwealth Bank of Australia, Treasury Locations: Buenos Aires, Argentina, New Zealand

☆ My sons are in the Australian education system, while my nephew attends school in the US. Some differences surprised me.
▼ + stars: | 2024-02-04 | by ( Ash Jurberg | ) www.businessinsider.com time to read: +5 min

There was more school pride in my nephew's school in TexasWalking Cooper's school grounds, the sense of school pride was evident. The school mascot was on display; there were banners throughout the school, and lots of school events were being promoted. There are no school mascots, no banners, few school events, and, to be honest, a lot less school spirit. In 2021, my son's school made the state soccer championships, and I went to offer support. I can only imagine what a high school Texas football game would be like.

Persons: —, Cooper Organizations: Service, Australian, Texas Locations: Australia, Texas, San Antonio

☆ Dollar poised for weekly decline; US jobs data up next
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: +4 min

The dollar index was last at 103.02 and on track for its first weekly decline for the year. The New Zealand dollar rose 0.07% to $0.6149 and was on track for a weekly rise of nearly 1%, its best performance in over a month. It was poised for a weekly gain of nearly 1.3%, its best week in over a month. That highlighted a growing view within the board that conditions were falling in place to soon pull short-term interest rates out of negative territory, which would be Japan's first interest rate hike since 2007. Data on Thursday showed euro zone inflation eased as expected last month but underlying price pressures fell less than forecast, likely boosting the European Central Bank's argument that rate cuts should not be rushed.

Persons: Jerome Powell, Ray Attrill, Raf Choudhury, BoE, Thierry Wizman Organizations: Federal Reserve, New Zealand, National Australia Bank, Friday's, Analysts, Bank of Japan's, Bank of England, Monetary, European Locations: Abrdn, U.S

☆ Dollar eyes monthly gain as markets look to Fed
▼ + stars: | 2024-01-31 | by ( ) www.cnbc.com time to read: +2 min

A Japanese 10,000 yen and a U.S. 100 dollar banknote juxtaposed against each other in Tokyo, Japan, on Monday, June 20, 2016. Later, the Federal Reserve is expected to hold U.S. interest rates steady but flag cuts are coming by dropping language indicating it is weighing further hikes. Interest rate futures price a roughly 43% chance of a Fed rate cut in March, down from 73% at the start of the year. "A 100% probability of a rate cut would point to euro/dollar at $1.1080, while a rate cut that is fully ruled out for March would point the way to euro/dollar at $1.0660," he said. Expectations of interest rate cuts in China have driven a strong rally in the bond market this month while the yuan has been squeezed by flight from China's crumbling equity markets.

Persons: Sterling, Alan Ruskin Organizations: Bank of Japan's, Federal Reserve, New Zealand Locations: U.S, Tokyo, Japan, Asia, China

☆ Dollar holds firm before Fed rates decision
▼ + stars: | 2024-01-31 | by ( ) www.cnbc.com time to read: +3 min

On the day, the dollar index was up 0.1% to 103.51, just below Monday's 103.82 which matched last week's seven-week high. The Federal Reserve meanwhile is expected to hold U.S. interest rates steady on Wednesday but flag cuts are coming by dropping language indicating it is weighing further hikes. Interest rate futures price a roughly 43% chance of a Fed rate cut in March, down from 73% at the start of the year. A slowdown in Germany would foreshadow the same in Eurozone numbers due on Thursday and reinforce market expectations that European policymakers could start rate cuts earlier than the ECB has signalled. Expectations of interest rate cuts in China have driven a strong rally in the bond market this month while the yuan has been squeezed by flight from China's crumbling equity markets.

Persons: Jerome, Powell, Dane Cekov Organizations: Bank of Japan, Federal Reserve, Federal, U.S, French EU, ECB, Bank of Locations: U.S, Germany, China

☆ Australia marks national day that stokes patriotism and anger
▼ + stars: | 2024-01-26 | by ( Angus Watson | ) edition.cnn.com time to read: +9 min

Sydney CNN —“Australia Day is Dead!” Indigenous activist Gwenda Stanley chants into the loudspeaker, as a crowd of thousands breaks into applause. This is not a day to celebrate.”Nearby, Kevin Shaw-Taylor agrees January 26 is “absolutely not” an appropriate day for national celebrations. On the other side of the city, the Australia Day party was in full swing. A yacht sails in Sydney Harbor to mark Australia Day on January 16, 2024. Instead of guilt on Australia Day, a vast number of Australians “associate it with summer fun,” says Bongiorno, from the ANU.

Persons: Gwenda Stanley, It’s, Lynda, June Coe, Jenny Evans, ”, Grace, Elise, Kevin Shaw, Taylor, Arthur Phillip, Dan Himbrechts, EFE, Frank Bongiorno, –, Asanka Ratnayake, Chelsea Watego, “, Peter Dutton, ” Dutton, Dutton, Brad Banducci, Banducci, ” Banducci, Captain Cook, Queen Victoria, Queen, Diego Fedele, “ I’m, UQ’s, we’ve, we’re Organizations: Sydney CNN —, Indigenous, “, CNN, Australia, First Nations, Sydney, British Royal Navy, Australian National University, ANU, Aboriginal, Torres Strait Islanders, Voters, Nations, Curumba, Sea, Indigenous Voice, Coalition, Woolworths, Sovereign Movement, Blak Locations: Sydney, “ Australia, Belmore, Sydney’s, Australia, Sydney Harbor, Melbourne, Queensland, Queen Victoria

☆ Dollar treads water ahead of U.S. GDP; ECB meeting in spotlight
▼ + stars: | 2024-01-25 | by ( ) www.cnbc.com time to read: +4 min

Traders have been consolidating positions ahead of the Federal Reserve's policy meeting next week. The report is, however, likely to show that the U.S. avoided a recession in 2023 and is expected to show moderating inflation in the last quarter, stoking expectations of rate cuts sometime in the first half of 2024. Other U.S. data this week includes the Fed's favourite gauge of inflation - the personal consumption expenditure (PCE) data - on Friday. The move from the central bank comes after a Bloomberg report earlier this week of a rescue package worth $278 billion to help stabilise the battered stock markets. The Australian dollar and the New Zealand dollar struggled to sustain a China-inspired rally earlier this week.

Persons: Kieran Williams, Jerome Powell, Kazuo Ueda Organizations: Central Bank, Traders, U.S, Asia FX, InTouch, ECB, Wednesday, Bloomberg, Australian, New Zealand, Aussie, Bank of, Bank of Japan Locations: Asia, U.S, China

☆ Dollar headed for second weekly gain on tempered rates outlook
▼ + stars: | 2024-01-19 | by ( ) www.cnbc.com time to read: +3 min

Dollar bills and Japanese currency Yen lying on a table on August 03, 2016 in Berlin, Germany. The dollar headed for a second weekly gain in a row on Friday on signs of resilience in the U.S. economy and caution about rate cuts from central bankers. Weekly gains on the risk-sensitive Australian and New Zealand dollars of 1.7% and 2.1% are set to be the largest since November and June respectively. Rabobank revised its one-month forecast for dollar/yen to 148 from 144, expecting further unwinding of bets on the pace of U.S. rate cuts to support the dollar. An unexpected rise in British inflation also drove a sharp pullback in bets on Bank of England interest rate cuts, and leant support to sterling.

Persons: Jane Foley, Christopher Waller, Bitcoin Organizations: New, Bank of Japan, Rabobank, Federal, Bank of Locations: Berlin, Germany, U.S, New Zealand, Asia, Europe, Bank of England

☆ Dollar holds near one-month peak as dovish Fed bets recede
▼ + stars: | 2024-01-18 | by ( ) www.cnbc.com time to read: +2 min

The dollar held close to a one-month peak versus major peers on Thursday after robust U.S. retail sales data overnight added to building expectations the Federal Reserve will not rush to lower interest rates. Australia's dollar weakened after data showed an unexpected decline in employment. Traders have trimmed the odds of a first Fed rate cut by March to 53.8%, down from 63.1% on Tuesday, according to CME's FedWatch Tool. ECB President Christine Lagarde told Bloomberg there would likely be majority support among ECB officials for an interest rate cut in the summer, although she stressed they would be data-dependent. Elsewhere, the Australian dollar weakened after data showed a 65,100 drop in jobs for December, where economists had forecast a 17,600 increase.

Persons: CME's, Christopher Waller, Tony Sycamore, Sycamore, Christine Lagarde, Sterling Organizations: Reserve, U.S, hawkish Bank, Japan, Traders, IG, Bloomberg, Bank of England, British, greenback Locations: Japan

LA QUINTA, Calif. (AP) — The PGA Tour is back on the mainland in the Palm Springs area, where the mandate is always to go low. “I feel like the easier courses on tour, you can’t really get behind, just because it’s so much harder to catch up,” top-ranked Scottie Scheffler said Wednesday. “You can make two, three, four, five birdies in a row out here, but when you’re making pars, you’re feeling like you’re falling behind. Whitney, who made his first PGA Tour cut at this event in 2018, is starting his first full year on tour. “I know the scores will be low, but you’ve still got to play really well,” Lee said of The American Express.

Persons: mettle, Scottie Scheffler, can’t, You’ve, Bob Hope, Woods, Patrick Cantlay, Si Woo Kim, “, ”, Cantlay, you’ve, Xander Schauffele, Jon Rahm isn't, Justin Thomas, GUY, Tom Whitney, La Quinta High School . Whitney, ” Whitney, I’ve, Min Woo Lee, Aussie, ” Lee, Jon Rahm, it’s Organizations: American Express, PGA West, Quinta, U.S, Bob Hope Desert, Hollywood, UCLA, Southern, LIV, GUY All, Air Force, La Quinta High School ., PGA Tour, Los Angeles Country Club, The American Express Locations: QUINTA, Calif, Palm Springs, Hawaii, Long Beach, Las Vegas

☆ Dollar wobbles; yuan on guard ahead of China data dump
▼ + stars: | 2024-01-15 | by ( ) www.cnbc.com time to read: +3 min

The dollar ebbed on Monday on renewed expectations of a rate cut by the Federal Reserve in March, while the Chinese yuan struggled near a one-month low ahead of a slew of economic data this week. The offshore yuan languished near a one-month low of 7.1925 per dollar hit on Friday, and was last at 7.1861 per dollar. "I think more PBOC (People's Bank of China) easing is coming this year," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "I don't think (Monday's move) will materially weigh on the (yuan) because a rate cut is more or less priced in. The Australian dollar , often used as a liquid proxy for the yuan, edged 0.07% higher to $0.6690.

Persons: China's, Sterling, Chris Weston, Carol Kong, Party's Lai Ching, te, Goldman Sachs Organizations: Federal Reserve, Traders, U.S, Treasury, CPI, PPI, Bank of, People's Bank of China, Commonwealth Bank of Australia, Australian, New Zealand, Democratic, Taiwan Locations: Asia, U.S, Bank of Japan, China, Taiwan

☆ Dollar pares gains on soft U.S. inflation data
▼ + stars: | 2024-01-12 | by ( ) www.cnbc.com time to read: +3 min

The dollar index pared gains on Friday after U.S. producer prices unexpectedly fell in December, raising expectations of an early U.S. rate cut. That led traders to add to bets for a rate cut in the coming months. Fed funds futures now imply a 79% chance of a March rate cut, up from 73% on Thursday, according to the CME Group's FedWatch Tool. Traders maintained their view that a March rate cut is likely even after consumer price inflation data on Thursday came in above economists' expectations. The dollar index was last up 0.19% at 102.40.

Persons: Steve Englander, Englander, Martin Luther King Jr, Sterling, bitcoin Organizations: U.S, British, Global, Research, Standard Chartered Bank, Branch, Traders, U.S . Securities, Exchange Commission, Wednesday Locations: Yichang, Hubei province, U.S, Yemen, America, Zealand, Iran, Red, Gaza

SINGAPORE, Dec 5 (Reuters) - Asian stocks slipped to three-week lows on Tuesday while bonds and the dollar steadied as investors tempered expectations for cuts to U.S. interest rates and waited on U.S. jobs data. The Australian dollar fell 0.5% after the central bank left interest rates on hold, as expected, and emphasised that the future direction rates would depend on data. Japan's Nikkei (.N225) was dragged 1% lower to a three-week trough, mostly thanks to falling chipmaking stocks. Treasuries had come under a little pressure overnight as traders calibrated pretty aggressive pricing for U.S. interest rate cuts. The Reserve Bank of Australia left interest rates on hold and said, as it had a month ago, that future rate settings would depend on data.

Persons: Treasuries, Kim Coghill Organizations: Japan's Nikkei, ANZ, New, Reserve Bank of Australia, Brent, U.S . Department of Agriculture, Thomson Locations: SINGAPORE, Asia, Pacific, Japan, Hong Kong, New Zealand, Tokyo, China

☆ Morning Bid: RBA holds and the dollar pauses, too
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +2 min

Pedestrians walk past the main entrance to the Reserve Bank of Australia building in central Sydney, Australia, October 3, 2016. The relative U.S. interest rate outlook right now fits the weaker dollar narrative - futures markets are pricing in bigger rate cuts by the Fed next year than by any other major or emerging market central bank. But will the Fed cut rates by 125 basis points next year? Doubts about that prospect have for now put the brakes on dollar selling. Gold , which shot to a record high in Asia's notoriously thin morning hours on Monday, has recoiled sharply.

Persons: David Gray, Tom Westbrook, Edmund Klamann Organizations: Reserve Bank of Australia, REUTERS, Bank, Aussie, Fed, Bank of Japan, Reuters, Thomson Locations: Sydney, Australia, Asia, U.S, Europe, Tokyo

☆ Bunny the 'talking' dog's owner says the skepticism from the scientific community hurts the most
▼ + stars: | 2023-12-05 | by ( Melissa Malamut | ) www.businessinsider.com time to read: +6 min

Devine says Bunny knows 100 words — but many in the research world doubt she can really verbalize. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But "people liked looking at a beautiful, black and white sheepadoodle," Devine told Business Insider, adding: "It was a bright spot, and that's one of the reasons it took off." She said the two had conversations using recordable buttons on a soundboard known as an augmentative- and alternative communication device. "We all know that dogs can learn words," Devine said.

Persons: Alexis Devine, Bunny, Devine, she's, —, soundboards, Federico Rossano, UC San Diego who's, KPBS, who's, Rossano, There's, Norma, Mila, I'm, Jules Howard, Howard, Hans Organizations: Service, University of California, of Cognitive Science, UC San Diego, BBC Locations: San Diego

☆ Morning Bid: Small caps pick up baton, China rating hit
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +6 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. The likes of Microsoft (MSFT.O), Apple (AAPL.O), Nvidia (NVDA.O) and Amazon (AMZN.O) fell back over 1%, pressured by a modest bounceback in U.S. Treasury yields. China's blue-chip stocks slumped to their lowest since February 2019 amid fears of a possible cut to China's sovereign credit rating cut after Moody's outlook reduction. By Mike Dolan, Editing by Bernadette Baum; <a href="mailto:mike.dolan@thomsonreuters.com" target="_blank">mike.dolan@thomsonreuters.com</a>Our Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Russell, that's, Moody's, Isabel Schnabel, Michael Gibson, Christine Laggard, Mongo, Zero Fox, Bernadette Baum Organizations: New York Stock Exchange, REUTERS, Reserve, Microsoft, Apple, Nvidia, Treasury, Reserve Bank of Australia, Central Bank, Reuters, ECB, Barclays, Qatar, P Global, Federal, Division, Supervision, Financial Innovation, Descartes Systems, Health, Powell Industries, Dave, Buster's Entertainment, Reuters Graphics, Thomson Locations: New York City, U.S, Global, York, Treasuries, Europe

A worker is reflected in a wall of the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, March 1, 2016. REUTERS/David Gray/File Photo Acquire Licensing RightsDec 5 (Reuters) - A look at the day ahead in Asian markets. The relative U.S. interest rate outlook right now fits the weaker dollar narrative - futures markets have the Fed cutting rates next year more than any major or emerging market central bank. And even if the Fed does go that far, other central banks are sure to lower their policy rates more than markets are currently predicting. Here are key developments that could provide more direction to markets on Tuesday:- Australia interest rate decision- Japan - Tokyo inflation (November)- South Korea inflation (November)By Jamie McGeever Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: David Gray, Michele Bowman's, Philip Lowe, Jamie McGeever, Josie Kao Organizations: Reserve Bank of Australia, REUTERS, Reserve Bank of, Reuters, Bank of Japan, U.S, Thomson Locations: Sydney, Australia, Japan, South Korea, Asia, masse, Tokyo

☆ Dollar slumps as Fed cuts eyed; Aussie buoyant ahead of inflation data
▼ + stars: | 2023-11-29 | by ( Rae Wee | ) www.reuters.com time to read: +2 min

The Australian dollar held near a four-month peak while the New Zealand dollar scaled a roughly four-month top of $0.61495 in early Asia trade. Australian inflation data is due later in the day, followed by a rate decision from the Reserve Bank of New Zealand (RBNZ). The dollar index was eyeing a nearly 4% loss for November, its worst monthly performance in a year. "We have become less constructive on the prospects for the U.S. dollar, as progress in reducing U.S. inflation suggests the risks are tilted toward earlier rather than later Fed easing," said economists at Wells Fargo in a note. Sterling last bought $1.27105, hovering near the previous session's roughly three-month high of $1.2715.

Persons: Christopher Waller, Kyle Rodda, Sterling, Capital.com's Rodda, Rae Wee, Lincoln Organizations: Federal Reserve, New Zealand, Reserve Bank of New Zealand, Fed, U.S ., Reserve Bank of Australia, Thomson Locations: SINGAPORE, Asia, Wells

☆ I spent Thanksgiving in Las Vegas. I got to party, eat the best holiday meal of my life, and see friends.
▼ + stars: | 2023-11-28 | by ( Rebecca Radillo | ) www.businessinsider.com time to read: +5 min

I had the best Thanksgiving meal of my life at STK Steakhouse, and the trip was totally worth it. AdvertisementWhen my best friend Chris suggested we spend Thanksgiving in Las Vegas, I immediately said yes. Rebecca RadilloBecause Thanksgiving is my favorite holiday, I was on the hunt for the best meal in Vegas. Spending the holiday in Las Vegas was totally worth itI'm glad I flew to Las Vegas instead of spending Thanksgiving by myself. I got to party the night away, eat the best Thanksgiving meal I've ever had, and see some people I love.

Persons: —, Chris, who's, Rebecca Radillo, Arts District —, hadn't, Tacotarian's guac, you'd, would've, STK Organizations: Service, Omega, Las Vegas, MGM, Arts District, OneRepublic, Cosmopolitan, Boston Locations: Las Vegas, Vegas, Area, Boston, Las, Tacotarian, New York , New York, STK, Sin City

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