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Dollar steady before holidays, sterling slips on Brexit worries
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar was little-changed against a basket of currencies on Monday, holding near a two-week high, in holiday-lulled trading, while sterling fell on concerns over the British government’s hard line on Brexit talks. The dollar index <.DXY>, which measures the greenback against six major currencies, was down […]
Bank of Korea to stand pat for now, views split on further easing: Reuters poll
By Joori Roh SEOUL (Reuters) – South Korea’s central bank is expected to keep its policy rate unchanged at its rate review this week, a Reuters poll showed on Wednesday, although views are split on whether there will be further easing this year. The Bank of Korea (BOK) last year cut its key policy rate […]
Portugal sticks to 0.1% deficit forecast after nine-month surplus
LISBON (Reuters) – Portugal’s budget surplus widened to 1% of gross domestic product in the first nine months of 2019 from 0.4% a year earlier, the National Statistics Institute said on Monday, but the government said it still expected a small full-year deficit. Speaking to reporters, Finance Minister Mario Centeno said the nine-month surplus reflected […]