News
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EUR/USD declines as Eurozone data weighs, US labor reports awaited
EUR/USD trades in a volatile environment on Tuesday and is hovering around 1.1710 at the time of writing, down 0.15% on the day. The pair has erased earlier gains as disappointing European macroeconomic indicators have revived concerns about the Eurozone growth outlook.
Fxstreet
Tue, Jan 6
FOREX-Soft German inflation data helps dollar gain on European currencies
Demand for safe haven assets cools after geopolitical tensionsFed's Kashkari warns of risks to labour market, fuelling rate cut expectationsAussie dollar hits over one year high By Gregor Stuart Hunter and Alun John SINGAPORE/LONDON, Jan 6 (Reuters) - The U.S. dollar nudged higher against Eur...Reuters
Tue, Jan 6
NZD/USD pulls back below 0.5800 as markets turn cautious
The New Zealand Dollar’s rebound from the 0.5740 area on Monday has failed to find follow-through above the 0.5800 level during Tuesday’s European session, and the pair pulled back to the 0.5790 area, heading into the US session opening.The risk-on mood seen on Monday’s US trading session and Tuesda
Fxstreet
Tue, Jan 6
Sterling at highest since mid-September on dollar and euro
LONDON, Jan 6 (Reuters) - Sterling hit its highest in nearly four months against both the dollar and euro on Tuesday, buoyed by improved global investor sentiment, easing worries about Britain's fiscal position and hints of Britain pursuing a closer relationship with Europe. The pound hit its hi...Reuters
Tue, Jan 6
EUR/JPY declines on fragile risk tone, German inflation in focus
EUR/JPY trades around 183.10 on Tuesday at the time of writing, down 0.10% on the day, as the Euro (EUR) weakens modestly against the Japanese Yen (JPY) in an environment marked by a generally fragile market sentiment.
Fxstreet
Tue, Jan 6
USD/JPY: Might trade in a choppy manner between 156.20 and 157.20 – UOB Group
Outlook is mixed; US Dollar (USD) could trade in a choppy manner between 156.20 and 157.20. In the longer run, USD is likely to trade in a range between 155.60 and 157.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Jan 6
EMERGING MARKETS-EM equities hit record highs as investors monitor Venezuela developments
MSCI emerging market index gains for eighth consecutive sessionVenezuela's bonds continue gainsSouth African business activity contracts sharplyBy Ragini Mathur and Twesha Dikshit Jan 6 (Reuters) - Emerging market equities touched fresh peaks on Tuesday, mirroring global risk-on sentiment to ...Reuters
Tue, Jan 6
NZD/USD: Likely to trade in a range between 0.5760 and 0.5800 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.5760 and 0.5800. In the longer run, pullback in NZD has scope to extend, but any further decline is expected to face strong support at 0.5720, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Jan 6
EUR/GBP slides toward key 200-DMA support – Société Générale
EUR/GBP has extended its decline, with a clear pattern of lower highs and lows reinforcing the corrective trend. While a short-term bounce is possible, a break below the 200-DMA at 0.8630 could open the door to deeper losses, Société Générale's FX analysts note.Fxstreet
Tue, Jan 6
