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GBP/USD: Politics weighs despite hawkish BoE – Scotiabank
Scotiabank analysts Shaun Osborne and Eric Theoret note the Pound is slightly softer versus the Dollar, underperforming most G10 currencies despite hawkish comments from BoE’s Mann hinting at reluctance for further easing.
GBP/USD
Fxstreet
Wed, Feb 11
FOREX-Yen jumps on bets for a 'fiscally responsible' Japan; Aussie gets hawkish lift
Yen extends strong gains in wake of weekend election in JapanInvestors bet PM could be more fiscally responsibleAustralian dollar tops $0.71 for first time in three yearsEyes on U.S. non-farm payrollsBy Rae Wee SINGAPORE, Feb 11 (Reuters) - The yen surged on Wednesday as investors bet that Prime ...
Reuters
Wed, Feb 11
EUR/USD gathers strength above 1.1900 ahead of US January NFP data
The EUR/USD pair gains traction to near 1.1915 during the early European session on Wednesday, bolstered by a weaker US Dollar (USD).
EUR/USD
Fxstreet
Wed, Feb 11
AUD/USD Price Forecast: Climbs beyond 0.7100, fresh three-year peak before US NFP
The AUD/USD pair catches fresh bids following the previous day's modest slide and climbs to a fresh high since February 2023, beyond the 0.7100 mark during the Asian session on Wednesday.
AUD/USD
Fxstreet
Wed, Feb 11
AUD/JPY Price Forecast: Constructive outlook remains intact above 109.00
The AUD/JPY cross loses ground around 109.15 during the early European session on Wednesday. Foreign inflows into Japanese equities following Prime Minister Sanae Takaichi's landslide election victory increase demand for the Japanese Yen (JPY) against the Australian Dollar (AUD).
AUD/JPY
Fxstreet
Wed, Feb 11
USD/CHF depreciates to near 0.7650 ahead of Nonfarm Payrolls
USD/CHF depreciates after registering modest gains in the previous session, trading around 0.7660 during the Asian hours on Wednesday.
USD/CHF
Fxstreet
Wed, Feb 11
GBP/JPY dives to nearly two-month low, around mid-209.00s amid notable JPY strength
The GBP/JPY cross prolongs its weekly downtrend for the third consecutive day and drops to its lowest level since December 19 during the Asian session on Wednesday. Spot prices currently trade around mid-209.00s, down nearly 0.50% for the day, and seem vulnerable to slide further.
GBP/JPY
Fxstreet
Wed, Feb 11
NZD/USD climbs to two-week top, around 0.6065 as USD remains depressed ahead of US NFP
The NZD/USD pair regains positive traction following the previous day's modest decline and climbs to a nearly two-week high during the Asian session on Wednesday.
NZD/USD
Fxstreet
Wed, Feb 11
USD/INR steadies as Indian Rupee gains on equity inflows, US Dollar weakness
USD/INR moves little on Wednesday after registering modest losses in the previous session. The Indian Rupee (INR) is supported by equity inflows and broad-based US Dollar (USD) weakness. However, INR gains may be limited as persistent Greenback demand from local corporates caps the upside.
Fxstreet
Wed, Feb 11
Australian dollar hits three-year peak on rate-hike bets
By Wayne Cole SYDNEY, Feb 11 (Reuters) - The Australian dollar climbed to a fresh three-year peak on Wednesday as the central bank signalled hawkish policy again, while the greenback came under pressure from softer U.S. economic data.The Aussie climbed 0.7% to reach $0.7122 AUD=D3, the first brea...
Reuters
Wed, Feb 11
Yuan slips on soft inflation, defying firmer central bank guidance
SHANGHAI, Feb 11 (Reuters) - China's yuan slipped against the dollar on Wednesday, defying the central bank's firmest daily guidance in three years, as softer-than-expected consumer inflation and a reaffirmed loose policy stance kept easing expectations in play.Consumer prices slowed and fac...
Reuters
Wed, Feb 11
FOREX-Yen perky as Japan fiscal fears dissipate, Aussie jumps on hawkish RBA
Yen strengthens broadly overnight, holds to gainsInvestors bet Takaichi could be more fiscally responsibleAustralian dollar tops $0.71 for first time in three yearsEyes on U.S. non-farm payrollsBy Rae Wee SINGAPORE, Feb 11 (Reuters) - The yen held on to solid gains on Wednesday as investors bet t...
Reuters
Wed, Feb 11
Pound Sterling recovers losses despite rising UK political risks, BoE rate cut bets
Pound Sterling (GBP) advances against the US Dollar (USD) after registering modest losses in the previous session, trading around 1.3650 during the Asian hours on Wednesday.
GBP/USD
Fxstreet
Wed, Feb 11
FOREX-Yen perky as Japan fiscal fears dissipate, dollar shaky ahead of payrolls
Yen strengthens broadly overnight, holds to gainsInvestors bet Takaichi could be more fiscally responsibleEyes on U.S. non-farm payrollsBy Rae Wee SINGAPORE, Feb 11 (Reuters) - The yen held on to solid gains on Wednesday, bolstered by a rally in Japan's stock market and bets that Prime Minist...
Reuters
Wed, Feb 11
Australian Dollar holds gains as China’s CPI rises in January
AUD/USD recovers its recent losses registered in the previous session, trading around 0.7090 during the Asian hours on Wednesday.
AUD/USD
Fxstreet
Wed, Feb 11
EUR/USD flat lines around 1.1900; looks to US NFP report for fresh directional impetus
The EUR/USD pair is seen oscillating in a narrow trading band around the 1.1900 mark during the Asian session on Wednesday as traders opt to wait for the release of US monthly employment details before placing fresh directional bets.
EUR/USD
Fxstreet
Wed, Feb 11
PBOC sets USD/CNY reference rate at 6.9438 vs. 6.9458 previous
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9438 compared to the previous day's fix of 6.9458 and 6.9109 Reuters estimate.
USD/CNH
Fxstreet
Wed, Feb 11
USD/CAD edges lower to near 1.3550 as crude oil prices rise, US NFP data in focus
The USD/CAD pair trades in negative territory for the fourth consecutive day near 1.3550 during the early Asian session on Wednesday. Higher crude oil prices continue to underpin the commodity-linked Canadian Dollar (CAD) against the Greenback.
USD/CAD
Fxstreet
Wed, Feb 11
USD/JPY hangs near one-week low; bears await break below 154.00 ahead of US NFP
The USD/JPY pair remains on the back foot below mid-154.00s through the Asian session on Wednesday and looks to build on its heavy losses registered over the past two days. Traders, however, seem reluctant and might opt to wait for the delayed release of the US monthly employment details.
USD/JPY
Fxstreet
Wed, Feb 11
GBP/USD pulls back from the brink of a fresh bull run
GBP/USD pulled back on Tuesday after Monday's strong bounce from the 1.3510 low, closing at 1.3641, down 0.39% on the session.
GBP/USD
Fxstreet
Wed, Feb 11
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