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Ringgit opens lower as easing risks lift US$
1+ min ago (335+ words) Friday, 06 Feb 2026 KUALA LUMPUR: The ringgit opened lower against the US dollar on Friday, pressured by external spillovers as receding near-term geopolitical tensions lent support to the greenback. At 8 am, the local currency eased to 3.9510/9610 versus the US dollar, from…...
2nd LD Writethru: Bank of England maintains interest rate at 3.75 pct
3+ min ago (386+ words) Friday, 06 Feb 2026 LONDON, Feb. 5 (Xinhua) -- The Bank of England (BoE) has kept its benchmark interest rate unchanged at 3.75 percent, Britain's central bank said in a statement on Thursday. At its meeting ending on Wednesday, the BoE's Monetary Policy Committee (MPC)…...
New Zealand Dollar softens below 0.6000 amid renewed US Dollar demand
3+ min ago (404+ words) New Zealand's Unemployment Rate climbed to5.4%in the fourth quarter (Q4) of 2025, the highest since 2015, Statistics New Zealandreported on Wednesday. This reading came in worse than the estimations of 5.3%. This report has led markets to push back expectations for further Reserve Bank…...
PBOC sets USD/CNY reference rate at 6.9590 vs. 6.9570 previous
8+ min ago (390+ words) On Friday, the People's Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9590 compared to the previous day's fix of 6.9570 and 6.9517 Reuters estimate. The primary monetary policy objectives of the People's Bank of…...
Bessent: Iranian Leadership Wiring Money Out ‘Like Crazy’
18+ min ago (72+ words) The end of Iran's Islamic leadership may be near, the Treasury Secretary tells senators. Bessent: Iranian Leadership Wiring Money Out "Like Crazy' U.S. Treasury Secretary Scott Bessent told the Senate Banking Committee on Thursday that Iranian leaders were moving money out…...
2nd LD Writethru: ECB holds interest rates steady
19+ min ago (178+ words) Friday, 06 Feb 2026 FRANKFURT, Feb. 5 (Xinhua) -- The European Central Bank (ECB) on Thursday decided to leave key interest rates unchanged at its first monetary policy meeting of 2026, marking the fifth consecutive hold since July 2025. The deposit facility rate, the primary tool…...
GBP/USD slides to two-week low near 1.3500 on dovish BoE, strong USD
22+ min ago (262+ words) The GBP/USD pair adds to the previous day's dovish Bank of England (BoE)-inspired heavy losses and drifts lower for the third straight day on Friday. The downward trajectory is sponsored by sustained US Dollar (USD) buying and drags…...
Is the politics of an RBA rate rise too ‘basic’? - podcast
23+ min ago (167+ words) After the Reserve Bank's first rate hike in more than two years, Guardian Australia's political editor, Tom McIlroy, speaks to the economics editor, Patrick Commins, and Lea Jurkovic, the economics correspondent at the Australian Financial Review, about the indicators that…...
Stocks tumble as AI rout deepens, silver hammered
33+ min ago (26+ words) The West Australian is a leading news source in Perth and WA. Breaking local and world news from sport and business to lifestyle and current affairs....
Fed Chair Jerome Powell Just Gave Good News About the Economy -- and Bad News to President Donald Trump
39+ min ago (564+ words) President Donald Trump wants lower interest rates, but the Federal Reserve may not see the need for further cuts. Federal Reserve Chair Jerome Powell concluded the Fed's January meeting, as he always does, with a press conference to go over…...