News
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AUD/USD trades higher to near 0.6700 while focus shifts to FOMC minutes
The AUD/USD pair trades mildly higher to near 0.6710 during the European trading session on Tuesday. The Aussie pair rises as the Australian Dollar (AUD) gains amid expectations that the Reserve Bank of Australia (RBA) will tighten its monetary policy in 2026.
Fxstreet
Tue, Dec 30
EUR/GBP slips to near 0.8700 due to BoE caution, Ukraine tensions
EUR/GBP extends its losses for the second successive session, trading around 0.8710 during the European hours on Tuesday. Volumes are expected to be thin due to the year-end holiday. Traders are also monitoring geopolitical tensions as uncertainty over the Ukraine-Russia peace process resurfaced.
Fxstreet
Tue, Dec 30
Moody's cuts Budapest's rating to junk due to row with national government
BUDAPEST, Dec 30 (Reuters) - Ratings agency Moody's has downgraded Budapest's credit rating to Ba1 from Baa3 and placed it on review for a further reduction, citing its weak liquidity and a financial dispute with Viktor Orban's national government.The downgrade comes at a delicate time f...Reuters
Tue, Dec 30
FOREX-Dollar steady ahead of Fed minutes in sluggish end to 2025
Fed minutes expected to show central bank divided on 2026 policyDollar index poised for steepest annual drop in eight yearsYen holds recent gains even as intervention worries lurkBy Ankur Banerjee SINGAPORE, Dec 30 (Reuters) - The U.S. dollar was steady on Tuesday ahead of the Federal Reserve'...Reuters
Tue, Dec 30
EUR/JPY holds steady below 184.00, BoJ signals further tightening
The EUR/JPY cross trades on a flat note around 183.80 during the early European trading hours on Tuesday. Expectation of additional rate hikes by the Bank of Japan (BoJ) in 2026 could provide some support to the Japanese Yen (JPY) against the Euro (EUR).
Fxstreet
Tue, Dec 30
USD/CAD Price Forecast: Sees more downside below 1.3640
The USD/CAD pair trades almost flat around 1.3685 during the late Asian trading session on Tuesday. The Loonie pair consolidates ahead of the release of Federal Open Market Committee (FOMC) minutes of the December meeting in the late New York session.
Fxstreet
Tue, Dec 30
USD/CHF pulls back from 0.7900 as safe-haven demand supports Swiss Franc
USD/CHF loses ground after two days of gains, trading around 0.7880 during the Asian hours on Tuesday. The Swiss KOF Leading Indicator will be eyed later, which could offer future trends of the overall economic activity.
Fxstreet
Tue, Dec 30
GBP/USD Price Forecast: Gains momentum, first upside barrier emerges near 1.3550
The GBP/USD pair trades with mild gains around 1.3510 during the early European session on Tuesday. The Pound Sterling (GBP) strengthens against the US Dollar (USD) as the Bank of England (BoE) guided that monetary policy will remain on a gradual downward path.Fxstreet
Tue, Dec 30
Australia, NZ dollars buffeted by swings in commodity prices
Dec 30 (Reuters) - The Australian and New Zealand dollars steadied on Tuesday as precious metals from gold to silver halted their startling slides that rocked holiday-thinned markets, while prospects of lower U.S. interest rates brighten their outlook. The Aussie rose 0.15% to $0.6702 AUD=, having r...Reuters
Tue, Dec 30
Citigroup board approves sale of Russia unit, flags $1.2 billion loss
Dec 29 (Reuters) - Citigroup C.N on Monday said its board approved the sale of its Russian unit, AO Citibank, to Renaissance Capital, in a deal that will lead to a pre-tax loss of about $1.2 billion that is largely related to currency translation. The deal is expected to close in the first ...Reuters
Tue, Dec 30
Silver Price Forecast: XAG/USD rebounds toward $73.50 due to safe-haven demand
Silver price (XAG/USD) holds ground after registering a steep drop of more than 7% in the previous session, trading around $73.50 per troy ounce during the Asian hours on Tuesday. Traders engaged in aggressive profit-taking after the XAG/USD pair hit a record high of 85.87 on Monday.Fxstreet
Tue, Dec 30
