India FX Reserves, USD down to $682.13B in October 28 from previous $684.81B

Nov 8, 2024

GBP: BoE remains cautious – ING

BoE’s MPC has not given the market a clear conclusion of what the budget could mean for the economy, and once again there is no strong guidance on how fast rates can be cut, ING’s FX analyst Francesco Pesole notes.

Fed: Staying on rate cut path with 25-bps move and political defiance – UOB Group

The Fed in its 6/7 Nov 2024 Federal Open Market Committee (FOMC) meeting, unanimously decided to reduce the target range of its Fed Funds Target Rate (FFTR) by 25-bps to 4.50-4.75%, in line with our and broad market expectations.