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Pound Sterling clings to gains against US Dollar ahead of US CPI data
The Pound Sterling (GBP) holds onto Monday’s gains around 1.3470 against the US Dollar (USD) during the European trading session on Tuesday. The GBP/USD pair trades firmly ahead of the United States (US) Consumer Price Index (CPI) data for December, which will be published at 13:30 GMT.
Fxstreet
Tue, Jan 13
Japan finance minister says US Treasury's Bessent shares concerns about weak yen
Yen crosses 158 per dollar to hit one-year lows on snap election reportsJapan has said it has a 'free hand' in dealing with excessive moves in the yenAnalysts on high alert for Tokyo's yen-buying interventionBy Makiko Yamazaki Jan 13 (Reuters) - Japan's Finance Minister Satsuki Ka...Reuters
Tue, Jan 13
NZD/USD drifts higher above 0.5750 as Fed faces challenges
The NZD/USD pair trades on a firmer note near 0.5770 during the early European trading hours on Tuesday. The US Dollar (USD) remains under selling pressure against the New Zealand Dollar (NZD) amid renewed concerns over the Federal Reserve’s (Fed) independence.
Fxstreet
Tue, Jan 13
FOREX-Yen slides to a one-and-half-year low, dollar struggles
Japan PM Takaichi reportedly intending to dissolve lower house, call snap election soonYen slides broadly; hits record low against euro, Swiss francDollar under pressure as markets fret about Fed independenceBy Rae Wee SINGAPORE, Jan 13 (Reuters) - The yen fell on Tuesday to its lowest since July...Reuters
Tue, Jan 13
EUR/GBP trades calm near 0.8650 while investors await UK GDP data
The EUR/GBP pair trades in a tight range around 0.8650 during the European trading session on Tuesday. The pair consolidates while investors gauge fresh cues about how monetary policy policies by the Bank of England (BoE) and the European Central Bank (ECB) will flair in the near term.
Fxstreet
Tue, Jan 13
INDIA RUPEE-Rupee pinched by tepid stocks, bond index delay; intervention lends support
By Jaspreet Kalra MUMBAI, Jan 13 (Reuters) - The Indian rupee dipped slightly on Tuesday, weighed down by tepid local stocks and a deferral of Indian bonds' inclusion in a flagship global index while intervention by the Reserve Bank of India offered support. The rupee INR=IN was at 90.25 per ...Reuters
Tue, Jan 13
USD/CHF dips to near 0.7950 as safe-haven demand supports Swiss Franc
USD/CHF loses ground for the second successive day, trading around 0.7970 during the Asian hours on Tuesday. The pair depreciates as the Swiss Franc (CHF) receives support from safe-haven demand amid geopolitical tensions and concerns over Federal Reserve (Fed) independence.
Fxstreet
Tue, Jan 13
FOREX-Yen falls to weakest level since July 2024, dollar under pressure
Japan PM Takaichi reportedly intending to dissolve lower house, call snap election soonYen slides broadly; hits record low against euro, Swiss francDollar under pressure as markets fret about Fed independenceBy Rae Wee SINGAPORE, Jan 13 (Reuters) - The yen fell to its lowest in more than a year o...Reuters
Tue, Jan 13
EUR/USD Price Forecast: Falls toward 1.1650 after retreating from moving averages
EUR/USD edges lower after registering modest gains in the previous session, trading around 1.1660 during the Asian hours on Monday. The 14-day Relative Strength Index (RSI) momentum indicator at 42.69 sits below the 50 midline and is easing, confirming a bearish tilt.Fxstreet
Tue, Jan 13
Silver Price Forecast: XAG/USD climbs to near record high above $85.50 on Fed uncertainty
Silver price ( XAG/USD) holds positive ground around $85.75 during the early European session on Tuesday. The white metal is set to retest a record high as traders pile into safe-haven metals amid renewed concerns over the US Federal Reserve (Fed) and its independence.Fxstreet
Tue, Jan 13
AUD/JPY extends rally to mid-106.00s, highest since July 2024 amid notable JPY weakness
The AUD/JPY cross attracts some follow-through buying for the third consecutive day and climbs to a fresh high since July 2024, around the 106.50-106.55 region, during the Asian session on Tuesday.
Fxstreet
Tue, Jan 13
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