News
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AUD/JPY Price Forecast: Retains bullish bias, first upside target emerges near 97.00
The AUD/JPY cross attracts some buyers around 96.80 during the early European session on Tuesday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) amid the uncertainty over the likely timing of the next interest rate hike by the Bank of Japan (BoJ).
Fxstreet
Tue, Sep 2
EUR/JPY climbs to three-week top, around 172.80 area ahead of Eurozone inflation data
The EUR/JPY cross prolongs its uptrend for the fourth consecutive day and climbs to a nearly three-week peak, around the 172.75-172.80 region during the Asian session on Tuesday. The intraday move up is exclusively sponsored by the heavily offered tone surrounding the Japanese Yen (JPY) and seems ra
Fxstreet
Tue, Sep 2
FOREX-Dollar inches up as gold hovers near record high
Dollar bounces off 5-week lowGold hits all-time high of $3,508.50 per ounceU.S. August economic data in focus later this week By Gregor Stuart Hunter SINGAPORE, Sept 2 (Reuters) - The U.S. dollar clawed back some ground in Asian trading on Tuesday following five days of selling, ahead of the retu...Reuters
Tue, Sep 2
GBP/JPY revisits 200.00 as Japanese Yen underperforms across the board
The GBP/JPY pair reclaims the psychological level of 200.00 during the Asian trading session on Tuesday. The pair strengthens as the Japanese Yen (JPY) underperforms across the board amid growing uncertainty about whether the Bank of Japan (BoJ) will hike interest rates again this year.
Fxstreet
Tue, Sep 2
Loss of Fed independence would push up borrowing costs, set off turmoil, ECB's Schnabel says
Undermining central bank independence raises long-term borrowing costs, says SchnabelSchnabel: End of Fed independence would disrupt global financial system World not yet ready for end of dollar supremacy, she saysBy Balazs Koranyi and Francesco Canepa FRANKFURT, Sept 2 (Reuters) - Curtailing th...Reuters
Tue, Sep 2
ECB's Schnabel calls for steady rates as economy holds up in face of tariffs
Schnabel says rates 'mildly accommodative'Sees U.S. tariffs as inflationaryInflation risks tilted to upside - SchnabelSays global rate hikes may come earlier than thought By Francesco Canepa and Balazs Koranyi FRANKFURT, Sept 2 (Reuters) - The European Central Bank should keep interest r...Reuters
Tue, Sep 2
USD/CHF drifts higher above 0.8000 as US ISM Manufacturing PMI looms
The USD/CHF pair edges higher to around 0.8015 during the early European session on Tuesday, bolstered by a modest rebound in US Dollar (USD). Nonetheless, potential upside for the pair might be limited amid rising bets of the US Federal Reserve (Fed) rate cut.
Fxstreet
Tue, Sep 2
BREAKINGVIEWS-Rupee slide is a rude wake-up call for India bulls
By Shritama Bose MUMBAI, Sept 2 (Reuters Breakingviews) - India's rupee INR=IN is providing an unwelcome blast from the past. It hit a record low of 88.31 against the U.S. dollar on Friday. The depreciation will cushion the earnings of exporters hit by President Donald Trump's punitive ta...Reuters
Tue, Sep 2
Australia, NZ dollars run out of puff, economies not much fitter
By Wayne Cole SYDNEY, Sept 2 (Reuters) - The Australian and New Zealand dollars took a breather on Tuesday after four straight sessions of gains, while data pointed to modest economic growth at home and the need for further policy easing.The Aussie eased 0.2% to $0.6540 AUD=D3, surrendering half ...Reuters
Tue, Sep 2
Japanese Yen slides to nearly one-week low against rebounding USD; downside seems limited
The Japanese Yen (JPY) trades with a negative bias for the third consecutive day against a rebounding US Dollar (USD), lifting the USD/JPY pair to a nearly one-week high, around the 147.65 area during the Asian session on Tuesday.
Fxstreet
Tue, Sep 2
Australian Dollar trades flat as traders await clearer signals on Fed policy outlook
The Australian Dollar (AUD) steadies against the US Dollar (USD) following its five-day winning streak. Rising odds of a US Federal Reserve (Fed) rate cut in the September meeting weighed on the US Dollar (USD), which supported the AUD/USD pair.
Fxstreet
Tue, Sep 2
FOREX-Dollar under pressure as traders return after Labor Day break
By Gregor Stuart Hunter SINGAPORE, Sept 2 (Reuters) - The U.S. dollar made a limp recovery in early Asian trade after days of selling, ahead of the U.S. markets reopening later on Tuesday after the Labor Day holiday.The dollar index =USD was last up 0.1% at 97.709, having touched its lowest on Mo...Reuters
Tue, Sep 2
