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FOREX-Dollar close to multi-year lows as investors see mounting risks
Dollar finds a floor after Bessent comments, but still weakFed keeps rates on hold, sees 'somewhat elevated' inflation and stabilising job marketAussie dollar keeps rising; Swiss franc holds near 11-year highBy Rae Wee and Stefano Rebaudo Jan 29 (Reuters) - The dollar remained on shaky gr...Reuters
Thu, Jan 29
NZD/USD Price Forecast: Targets 0.6100 near 16-month highs
NZD/USD continues its winning streak that began on January 16, trading around 0.6080 during the European hours on Thursday. The technical analysis of the daily chart signals a persistent bullish bias as the pair price rises within the ascending channel pattern.
Fxstreet
Thu, Jan 29
EUR/USD: Testing upside ahead of ECB meeting – Commerzbank
Commerzbank's report by Erik Liem and Rainer Guntermann highlights a shift in focus back to Europe following the Fed's recent decisions. The EUR is currently testing the upside as the market anticipates final ECB guidance before the upcoming Council meeting.
Fxstreet
Thu, Jan 29
France finance minister: Recent forex developments reflect changing fundamentals
PARIS, Jan 29 (Reuters) - French Finance minister Roland Lescure said on Thursday that recent developments in the foreign exchange markets, where the dollar hit a four year-low earlier this week, were reflecting changing policy fundamentals on both sides of the Atlantic as well in the East."We c...Reuters
Thu, Jan 29
Japan leans on US backing, tactical silence in war on yen bears
Tokyo has stayed quiet on spikes in yen while noting coordination with U.S.Japan's top currency diplomat Mimura orchestrating FX messagingBOJ's rate path and political factors may limit yen's gainsBy Makiko Yamazaki and Leika Kihara TOKYO, Jan 29 (Reuters) - Japan's top monetary o...Reuters
Thu, Jan 29
EUR/GBP holds positive ground above 0.8650, traders await Eurozone, German GDP data on Friday
The EUR/GBP cross trades with mild gains near 0.8660 during the early European session on Thursday. The lack of top-tier UK economic data releases this week has left the Pound Sterling (GBP) without strong domestic drivers against the Euro (EUR).
Fxstreet
Thu, Jan 29
Remy Cointreau Confirms 2025-26 Guidance, Sees Currency Effects On Sales, Operating Profit Over FY
Jan 29 (Reuters) - Remy Cointreau SA RCOP.PA:Q3 SALES EUR 245.8 MILLION (VERSUS EUR 243.8 MILLION IN COMPANY-PROVIDED CONSENSUS)Q3 ORGANIC GROWTH +2.8% (VERSUS +1.7% IN COMPANY-PROVIDED CONSENSUS)Q3 COGNAC SALES EUR 150.2 MILLION (VERSUS EUR 148.1 MLNS IN COMPANY CONSENSUS)2025-26 GUIDANCE CONFIRMED...Reuters
Thu, Jan 29
EUR/USD: Range trading expected – UOB Group
EUR/USD is anticipated to trade within a range of 1.1920 to 1.2020 following a sharp pullback. The recent price movements indicate a potential range-trading phase after EUR dropped to a low of 1.1895 and closed at 1.1952, report UOB Group analysts Quek Ser Leang and Lee Sue Ann.Fxstreet
Thu, Jan 29
AUD/JPY Price Forecast: Keeps bullish vibe near 108.50 amid Japan's fiscal and political challenges
The AUD/JPY cross extends the rally to near 108.50 during the early European session on Thursday. Concerns over fiscal health and political uncertainty in Japan weigh on the Japanese Yen (JPY) against the Australian Dollar (AUD).
Fxstreet
Thu, Jan 29
FOREX-Dollar feeling unloved as investors see mounting risks
Dollar finds a floor after Bessent comments, but still weakFed keeps rates on hold, sees 'somewhat elevated' inflation and stabilising job marketAussie dollar keeps rising; Swiss franc holds near 11-year highBy Rae Wee SINGAPORE, Jan 29 (Reuters) - The dollar remained on shaky ground on T...Reuters
Thu, Jan 29
Japanese Yen edges higher amid hawkish BoJ; fiscal and political risks cap gains
The Japanese Yen (JPY) regains some positive traction against a broadly weaker US Dollar (USD) during the Asian session on Thursday and reverses a part of the previous day's retracement slide from a nearly three-month low.
Fxstreet
Thu, Jan 29
GBP/USD Price Forecast: Rebounds toward 1.3850 near four-year highs
GBP/USD recovers its recent losses from the previous session, trading around 1.3830 during the Asian hours on Thursday. The technical analysis of the daily chart points to a potential bearish reversal as the range narrows, indicating waning buyer momentum within a rising wedge pattern.Fxstreet
Thu, Jan 29
INDIA RUPEE-Rupee hits record low as outflows, importer anxiety overshadow buoyant economy
Rupee falls to record low of nearly 92/USDCentral bank likely stepped in to curb fall - tradersPersistent equity outflows, steep U.S. tariffs drag INRBy Jaspreet Kalra and Nimesh Vora MUMBAI, Jan 29 (Reuters) - The Indian rupee hit an all-time low on Thursday, as continued weakness in foreign ca...Reuters
Thu, Jan 29
EUR/USD gains traction above 1.1950 on Fed uncertainty
The EUR/USD pair trades on a positive note near 1.1980 during the early European session on Thursday. The US Dollar (USD) remains weak against the Euro (EUR) amid uncertainty over US economic policies. The Eurozone Consumer Confidence and US Initial Jobless Claims reports are due later on Thursday.Fxstreet
Thu, Jan 29
