Sean Callow, Senior Currency Strategist at Westpac Bank, expects the Thai currency to continue underpeforming ahead of a possible interest rate cut from the Bank of Thailand.
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Nick Verdi, FX strategist at Barclays, says that there is room for the European Central Bank to slash key interest rates further following the 0.25 percent cut last week.
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The euro struggled in early Asian trade after the European Central Bank's surprise interest rate cut sent the single currency plunging to near eight-week lows.
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The Aussie dollar has rallied over the past two months, but some analysts believe the re-emergence of fears over China could cut the rally short.
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Indonesia's central bank unexpectedly cut its benchmark policy rate on Tuesday, the first such move by a G20 economy after Brazil, as it seeks to stimulate domestic demand as global growth slows.
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Will Oswald, Global Head of FICC Research at Standard Chartered bank on monetary policy direction from ECB and deeper structural fiscal issues facing the region.
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European banks are rallying on hopes for an expansion of the Euro Zone bailout program and possible ECB interest rate cut. Louise Cooper, markets analyst at BGC Partners, weighs in.
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The British Chamber of Commerce cut its growth forecasts for the UK for this year and next and said the weaker-than-predicted economy means interest rates will have to stay low longer than expected.
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The Swiss franc retreated from record highs on Wednesday, after Switzerland's central bank cut interest rates to counter the currency's rise, although concerns about global growth may curb risk appetite and lend the currency further support.
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Seen as a safe haven from an escalating euro zone debt crisis and fears of a U.S. rating downgrade, the franc has surged from one record to another this year against both the euro and the dollar.
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With US politicians sealing a deal to cut spending over the next 10 years, Asian stock markets were rallying on Monday. But analysts said the rally was likely to be short-lived and Asian policymakers needed to grapple with surging currencies and rebalancing growth.
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US money market funds have sharply cut their exposure to banks in the euro zone over the past few weeks and reduced the availability of credit, even in stronger countries such as France, the FT reported.
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