Search
News
Silver shudders, XAG/USD tumbles 13% as metals rout continues
Spot Silver markets took a fresh beating on Thursday, with XAG/USD tumbling 13% in a single day and pushing intraday Silver bids back onto the bottom end of a 40% peak-to-trough decline that dragged Silver prices sharply down from record highs posted at $121.66 just last week.
Fxstreet
Thu, Feb 5
MXN: Cautious stance on rate cuts – Societe Generale
Societe Generale's report outlines the outlook for the Mexican Peso (MXN), indicating that Banxico is expected to maintain the policy rate at 7.00%. It highlights the central bank's cautious approach and the criticism it faces for lowering rates before achieving inflation convergence.
Fxstreet
Thu, Feb 5
SEK: Riksbank's concern over disinflation risks – MUFG
MUFG's report, authored by Lee Hardman, Senior Currency Analyst, addresses the recent strength of the Swedish Krona and the Riksbank's response. Following strong gains, the Riksbank has expressed concern over the potential for disinflation risks due to the strengthening Krona.
GBP/USD sinks as BoE delivers dovish hold, April cut fully priced
The Pound Sterling collapses versus the US Dollar after the Bank of England decided to hold rates but opened the door for further easing, in a decision seen as a “dovish hold.” Worse than expected US jobs data failed to halt the GBP/USD downfall, trades at 1.3529 down 0.90%.Fxstreet
Thu, Feb 5
EUR/USD steady as ECB holds rates, US labor data sends mixed signals
EUR/USD trades around 1.1800 on Thursday at the time of writing, virtually unchanged on the day, as investors digest the European Central Bank’s (ECB) decision and a series of mixed economic releases from the United States (US).
Fxstreet
Thu, Feb 5
EUR/JPY trades higher as Yen weakens, Eurozone data mixed ahead of ECB decision
EUR/JPY trades around 185.40 on Thursday at the time of writing, up 0.10% on the day. The cross is mainly supported by the underperformance of the Japanese Yen, amid rising political uncertainty in Japan, while the Euro shows a more mixed profile due to conflicting macroeconomic signals.
Fxstreet
Thu, Feb 5
USD/CAD remains bid near 1.3700, buoyed by the risk-off mood
The US Dollar (USD) appreciates for the second consecutive day against the Canadian Dollar (CAD). Bulls have failed to find acceptance above 1.3700 earlier on the day, but the pair remains bid, trading at 1.3685, with the safe-haven USD favoured by the dismal market mood.Fxstreet
Thu, Feb 5
EUR/GBP advances ahead of highly anticipated BoE, ECB decisions
EUR/GBP trades around 0.8670 on Thursday at the time of writing, up 0.30% on the day, supported by some weakness in the Pound Sterling (GBP) ahead of the Bank of England’s (BoE) monetary policy decision, which is due later in the day, despite mixed economic indicators from the Eurozone.Fxstreet
Thu, Feb 5
USDJPY: Potential for significant movement – TD Securities
The upcoming Lower House election in Japan on February 8 is expected to have significant implications for the USD/JPY exchange rate. TD Securities analysts predict that if the ruling Liberal Democratic Party (LDP) secures an absolute majority, USDJPY could rise towards 160.Fxstreet
Thu, Feb 5
Featured Tools
Top News
SpaceX Stock Price Forecast: SpaceX Short Bets Surge, Musk Warns Short Sellers May Pay the Price, Can the Stock Price See a Reversal?
SK Hynix Denies Acquiring Intel US Fab, Shares Fall Below $1,347 Level
Micron (MU) Bounces to $969 - Morgan Stanley and BofA Both Say Buy the Dip
Alphabet Q2 Earnings Preview: $190 Billion AI Gamble Faces Major Test, Can Google Cloud Still Sustain the Growth Myth?
Semiconductor Frenzy Returns: Micron Shares Surge 12%, Can It Conquer the $1,000 Mark This Week?
