News
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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
FOREX-Dollar pressured as Venezuela fear gives way to optimism
Demand for safe haven assets cools after geopolitical tensionsMarket attention turning to US macroeconomic data Fed's Kashkari warns of risks to labour market, fuelling rate cut expectationsISM Manufacturing PMI slides to 14-month lowAussie dollar hits over one year high By Gregor Stuart Hunter ...Reuters
Tue, Jan 6
