News
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FOREX-Dollar steady amid rout in precious metals as investors weigh a Fed under Warsh
Dollar holds to gains; euro back below $1.20 levelSelloff in precious metals rattles markets though currencies steadyWarsh likely to rein in Fed balance sheetYen weakens after Takaichi talks down currency's declines; LDP expected to win big at upcoming electionBy Rae Wee SINGAPORE, Feb 2 (Reu...Reuters
Mon, Feb 2
USD/JPY: Strong momentum suggests further advance – UOB Group
UOB Group's report, authored by Quek Ser Leang and Lee Sue Ann, indicates that USD/JPY is likely to continue its upward trajectory, with strong momentum suggesting a potential advance towards the resistance level at 156.40.
Fxstreet
Mon, Feb 2
GBP/USD softens below 1.3700 as Trump picks Warsh for Fed
The GBP/USD pair loses ground to around 1.3670 during the early European session on Monday, pressured by renewed US Dollar demand. Signs of political stability in the United States (US) provide some support to the Greenback against the Pound Sterling (GBP).
Fxstreet
Mon, Feb 2
FOREX-Dollar steady as investors mull a Fed under Warsh
Dollar holds to gains; euro back below $1.20 levelWarsh likely to rein in Fed balance sheetYen weakens after Takaichi talks down currency's declinesBy Rae Wee SINGAPORE, Feb 2 (Reuters) - The dollar clung to its gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh mig...Reuters
Mon, Feb 2
China's yuan eases from 32-month peak, firmer-than-expected fix caps losses
SHANGHAI, Feb 2 (Reuters) - China's yuan slipped from a 32-month peak against the dollar on Monday, tracking broad weakness across Asian currencies, as investors continued to digest the potential implications of Kevin Warsh's nomination to lead the Federal Reserve.But losses were capped as t...Reuters
Mon, Feb 2
Australian Dollar weakens despite China's RatingDog PMI uptick
The Australian Dollar (AUD) weakens against the US Dollar (USD) on Monday after registering over 1% losses in the previous session. The AUD/USD pair remains subdued following China's RatingDog Manufacturing Purchasing Managers' Index (PMI) data, which rose to 50.3 in January from 50.1 in December.Fxstreet
Mon, Feb 2
FOREX-Dollar firm as investors mull a Fed under Warsh; yen wobbles
Dollar holds to gains; euro back below $1.20 levelWarsh likely to rein in Fed balance sheetYen weakens after Takaichi talks down currency's declinesBy Rae Wee SINGAPORE, Feb 2 (Reuters) - The dollar clung to its gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh mig...Reuters
Mon, Feb 2
Japan PM Takaichi did not stress weak yen's benefits, government says
TOKYO, Feb 2 (Reuters) - Japanese Prime Minister Sanae Takaichi was not highlighting the benefits of a weak yen in her campaign speech over the weekend, a government spokesperson said on Monday. Takaichi on Saturday said the yen's depreciation was a "major opportunity" for export industr...Reuters
Mon, Feb 2
NZD/USD strengthens above 0.6000 after Chinese PMI data
The NZD/USD pair holds positive ground around 0.6025 during the early Asian session on Monday. The New Zealand Dollar (NZD) remains firm against the US Dollar (USD) following the release of Chinese Manufacturing Purchasing Managers Index (PMI) data.
Fxstreet
Mon, Feb 2
Argentina buys $808 million in drawing rights from US to pay IMF, media reports
BUENOS AIRES, Feb 1 (Reuters) - Argentina bought $808 million in Special Drawing Rights (SDRs)from the U.S. Treasury to meet an interest payment to the International Monetary Fund (IMF), local newspaper La Nacion reported on Sunday.The deal came after the U.S. provided essential financial assistance...Reuters
Mon, Feb 2
USD/JPY steadies above 155.00 as BoJ signals no policy urgency
USD/JPY gains ground for fourth successive session, trading around 155.20 during the Asian hours on Monday. The pair remains stronger as the Japanese Yen (JPY) remains calm following the Bank of Japan’s (BoJ) January Summary of Opinions.Fxstreet
Mon, Feb 2
Aussie, kiwi wobble as Warsh's Fed appointment lifts US dollar
SYDNEY, Feb 2 (Reuters) - The Australian and New Zealand dollars wobbled on Monday after the nomination of Kevin Warsh as the next U.S. central bank chief lifted the embattled greenback and sent prices for precious metals tumbling. The Aussie AUD=D3 hit a one-week low of $0.6923 before steadying at ...Reuters
Mon, Feb 2
GBP/USD holds steady near 1.3700 as markets assess Warsh's Fed outlook
The GBP/USD pair trades on a flat note near 1.3695 during the early Asian session on Monday. Traders weigh what a Federal Reserve (Fed) under Kevin Warsh might look like. The US ISM Manufacturing Purchasing Managers Index (PMI) report will be published later on Monday.Fxstreet
Mon, Feb 2
