Forex Today: BoE Policy in Focus, Hawkish Fed Policymakers Keep US Dollar Firm

The US Dollar (USD) exhibits strength against its rivals in Thursday’s early London session as Federal Reserve (Fed) policymakers remain convinced about resilient United States economic prospects and lack confidence that inflation will decline to the desired rate of 2%.

FXStreetMay 9 02:40 ET

USD/SGD Steady; Higher Treasury Yields May Offer Support -- Market Talk

0350 GMT - USD/SGD is trading steadily in the Asian session but could be supported by higher Treasury yields, which boost the allure of U.S. fixed-income assets and USD demand. There appear to be two-

WSJMay 8 23:50 ET

President Kuroishi expects economic growth to slow, and the Federal Reserve may only cut interest rates once this year

Blackstone President Jon Gray said that economic growth will slow as lingering inflation affects the ability of the Federal Reserve to begin reducing borrowing costs.

環球市場播報May 8 21:26 ET

The Federal Reserve is speaking out intensively! An authoritative New Zealand Federal Reserve official talks about slowing down QT. Collins: It may take longer to cut interest rates

“The current situation requires methodical persistence”

Gelonghui FinanceMay 8 21:21 ET

Anti-inflation campaign “has a long way to go” Federal Reserve official Collins: Achieving the 2% target may take longer

Boston Federal Reserve Chairman Collins said that in order to curb demand and reduce pressure on prices, interest rates may need to stay high for 20 years longer.

Zhitong FinanceMay 8 21:04 ET

LHN: Joint Venture Accepts Purchase Option to Acquire a Property

LHN (01730) announced that on April 9, 2024, the company's indirect wholly-owned subsidiary Coliwoo Holdings and joint venture partner Macritchie Developments Pte. Ltd. formed a new joint venture. On the same day, Coliwoo Holdings, the joint venture partner and the joint venture company signed a joint venture agreement containing the joint venture arrangement for the joint venture. A joint venture was formed to acquire the property, located at 50 Armenian Street, Wilm

新浪港股May 8 20:24 ET