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Silver Price Forecasts: XAG/USD flatlines around $84.00 as the US Dollar steadies
Silver (XAG/USD) posts marginal losses on Thursday, trading near $83.70 at the time of writing, yet with the $ 86.30 weekly high at a short distance and the immediate bullish trend intact.
Silver
Fxstreet
Thu, Feb 12
EU court says Polish WIBOR mortgage rate not inherently abusive
WARSAW, Feb 12 (Reuters) - A mortgage contract clause containing a reference to the Warsaw Interbank Offered Rate (WIBOR) does not, in principle, create a significant imbalance between the bank and the consumer, the top EU court said on Thursday.Polish banks, still dealing with the consequences of t...
Reuters
Thu, Feb 12
USD/CAD Price Forecast: Tests 1.3600 barrier near nine-day EMA
USD/CAD remains in the positive territory after registering modest gains in the previous session, trading around 1.3580 during the European hours on Thursday. The technical analysis of the daily chart shows the pair remains within the descending channel pattern, suggesting a persistent bearish bias.
USD/CAD
Fxstreet
Thu, Feb 12
USD/JPY: Supportive flows but upside capped – OCBC
OCBC’s FX strategists Sim Moh Siong and Christopher Wong note that the Japanese Yen has strengthened alongside post-election rallies in Japan’s bond and equity markets, helped by easing fiscal concerns.
USD/JPY
Fxstreet
Thu, Feb 12
AUD/USD remains steady above 0.7100 amid hot inflation expectations
The Aussie Dollar (AUD) pulled back from three-year highs at 0.7147 as the US Dollar (USD) picked up following upbeat US Nonfarm Payrolls data.
AUD/USD
Fxstreet
Thu, Feb 12
Nissan - See FY2025/26 Global Retail Sales Of 3.2 Million Vehicles Versus Previous Forecast Of 3.25 Million
Feb 12 (Reuters) - Nissan Motor Co Ltd 7201.T:NISSAN: SEE FY2025/26 GLOBAL RETAIL SALES OF 3.2 MILLION VEHICLES VERSUS PREVIOUS FORECAST OF 3.25 MILLIONNISSAN: SEE FY2025/26 N.AMERICA SALES OF 1.3 MILLION VEHICLES VERSUS PREVIOUS FORECAST OF 1.3 MILLIONNISSAN: SEE FY2025/26 CHINA SALES OF 653,000 VE...
Reuters
Thu, Feb 12
EUR/USD: Bullish trend eyes 1.20 breakout – Scotiabank
Scotiabank’s Analyst Team reports the Euro is modestly higher versus the Dollar but lagging other G10 currencies, with sentiment and options pricing favouring upside protection.
EUR/USD
Fxstreet
Thu, Feb 12
Forex Today: Upbeat US jobs data help USD stabilize
Here is what you need to know on Thursday, February 12:
Fxstreet
Thu, Feb 12
EUR/USD softens with markets trimming bets for Fed rate cuts
The Euro (EUR) is practically flat against tht the US Dollar (USD) on Thursday, trading at 1.1860 at the time of writing, after failing to extend above the 1.1925 area earlier this week.
EUR/USD
Fxstreet
Thu, Feb 12
EUR/GBP trims losses near 0.8700 as UK GDP disappoints
The EUR/GBP cross pares recent losses near 0.8710 during the early European session on Thursday. The Pound Sterling (GBP) edges lower against the Euro (EUR) after the release of UK growth numbers.
EUR/GBP
Fxstreet
Thu, Feb 12
AUD/USD: Positive tone with 0.7175 in focus – UOB
UOB analysts Quek Ser Leang and Peter Chia note that AUD/USD surprised to the upside, reaching 0.7143 and closing around 0.7127. Intraday, they see room for a test of 0.7150 before pullback risks increase, with 0.7175 as the next resistance.
AUD/USD
Fxstreet
Thu, Feb 12
GBP/USD keeps the red above 1.3600 as softer UK Q4 GDP print reaffirms BoE rate cut bets
The GBP/USD pair turns lower for the third straight day on Thursday and retreats further from a one-week high, around the 1.3715 region, touched the previous day.
GBP/USD
Fxstreet
Thu, Feb 12
British American Tobacco FY25 revenue slightly misses estimates
OverviewTobacco firm's FY25 revenue slightly missed analyst expectations, down 1% due to currency headwindsAdjusted profit from operations rose 2.3%, adjusted diluted EPS up 3.4%Company announced £1.3 bln share buy-back for 2026OutlookBritish American Tobacco expects 2026 revenue growth at lower...
Reuters
Thu, Feb 12
Legrand FY Sales EUR 9.48 Billion
Feb 12 (Reuters) - Legrand SA LEGD.PA:LEGRAND - FY SALES EUR 9.48 BILLION (COMPANY-COMPILED CONSENSUS: EUR 9.46 BILLION)LEGRAND - FY ADJUSTED OPERATING PROFIT EUR 1.96 BILLION (CONSENSUS: EUR 1.96 BILLION)LEGRAND - FY NET PROFIT GROUP SHARE EUR 1.24 BILLIONLEGRAND - FY ADJUSTED OPERATING MARGIN 20.7...
Reuters
Thu, Feb 12
USD/JPY: Yen strength persists on policy and politics – Scotiabank
Scotiabank’s Analyst Team highlights strong Japanese Yen performance, with USD/JPY pressured by a post-election relief rally and supportive Bank of Japan policy stance.
USD/JPY
Fxstreet
Thu, Feb 12
Japan asked US to conduct dollar/yen rate checks in January, Jiji reports
TOKYO, Feb 12 (Reuters) - Japan asked the U.S. in January to conduct exchange rate checks on the dollar/yen pair at a time of weakening in the Japanese currency, Jiji Press reported on Thursday, citing multiple officials familiar with the matter.Reuters reported on January 23 that the New York Feder...
Reuters
Thu, Feb 12
FOREX-'Buy Japan' talk boosts yen towards best week in a year
Yen surges since Takaichi wins landslide poll victoryAnalysts say mood may be shifting on JapanAussie hits 3-year high on hawkish RBA; yuan on weekly streakBy Tom Westbrook SINGAPORE, Feb 12 (Reuters) - A resurgent yen rode towards its biggest weekly gain in more than a year on Thursday, throwing...
Reuters
Thu, Feb 12
EUR/USD weakens as US jobs data trims Fed rate cut bets
The EUR/USD pair trades in negative territory for the third consecutive day near 1.1860 during the early European session on Thursday. Traders will keep an eye on the US weekly Initial Jobless Claims data. On Friday, the attention will shift to the US Consumer Price Index (CPI) inflation report.
EUR/USD
Fxstreet
Thu, Feb 12
Japanese Yen strengthens on renewed verbal intervention
USD/JPY extends its losses for the fourth successive session, trading around 152.90 during the Asian hours on Thursday. The pair weakens as the Japanese Yen (JPY) strengthens following renewed verbal intervention from Tokyo.
USD/JPY
Fxstreet
Thu, Feb 12
USD/CHF steadies despite rising Swiss yields on safe-haven demand
USD/CHF remains steady after two days of gains, trading around 0.7710 during the Asian hours on Thursday.
USD/CHF
Fxstreet
Thu, Feb 12
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