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USD/JPY strengthens to two-week high near 157.00 ahead of Japan snap election
The USD/JPY pair gains momentum to a two-week high near 157.00 during the early Asian session on Friday. The Japanese Yen (JPY) remains under selling pressure against the US Dollar (USD) ahead of Japan's snap general election on Sunday.
Fxstreet
Thu, Feb 5
Japan election: What to look for in Sunday vote
Takaichi coalition on track for big win, opinion polls suggestPromise to suspend sales tax on food has spooked marketsTakaichi's youth support contrasts with traditional LDP baseElection outcome could affect Japan-China relationsBy John Geddie TOKYO, Feb 6 (Reuters) - Japan's first fema...Reuters
Thu, Feb 5
RPT-ANALYSIS-Decisive win for Japan PM Takaichi may be best scenario for bonds, yen
Takaichi's spending, tax cut pledges tame compared to oppositionPremier may temper stimulus plans under pressure from WashingtonTraders speculate Takaichi may shelve mooted food tax suspensionBy Kevin Buckland TOKYO, Feb 5 (Reuters) - A landslide win for Japan's ruling Liberal Democratic ...Reuters
Thu, Feb 5
FOREX-US dollar hits two-week high, pound slumps after BoE holds rates
Bank of England leaves rates unchanged, pound dropsDollar strengthens amid risk aversion and central bank decisionsBitcoin tumbles, hits lowest since October 2024By Laura Matthews NEW YORK, Feb 5 (Reuters) - The U.S. dollar hit a two-week high on Thursday as fresh volatility gripped stocks and th...Reuters
Thu, Feb 5
Gold.Com Announces $150 Million Strategic Investment From Tether
Feb 5 (Reuters) - Gold.com Inc GOLD.Z:GOLD.COM ANNOUNCES $150 MILLION STRATEGIC INVESTMENT FROM TETHERGOLD.COM INC - TETHER ACQUIRING 3.371 MILLION SHARES AT $44.50 EACHGOLD.COM INC: WILL INVEST $20 MILLION IN TETHER'S XAU₮ STABLECOINGOLD.COM INC - TETHER ENTITLED TO NOMINATE A BOARD MEMBER AT G...Reuters
Thu, Feb 5
Arrow Electronics Q4 sales beat estimates, helped by global components segment
OverviewTechnology solutions provider's Q4 sales rose 20%, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany repurchased $50 mln of shares in Q4OutlookArrow Electronics expects Q1 2026 sales between $7.95 bln and $8.55 blnCompany anticipates Q1 2026 EPS of $2.13 to...Reuters
Thu, Feb 5
Bank of Mexico pauses rate cutting cycle, pushes back inflation forecast
Rate hold is first pause since mid-2024Central bank now sees inflation hitting target in Q2 2027Analysts expect Banxico to hold rate for much of 2026By Brendan O'Boyle MEXICO CITY, Feb 5 (Reuters) - The Bank of Mexico's governing board unanimously held its benchmark interest rate at 7.00%...Reuters
Thu, Feb 5
CANADA FX DEBT-Canadian dollar dips as risk aversion offsets BoC case against easing further
Canadian dollar falls 0.1% against the greenbackTrades in a range of 1.3653 to 1.3699Price of oil settles 2.8% lowerCanadian yields ease across the curveBy Fergal Smith TORONTO, Feb 5 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Thursday as investors grew risk avers...Reuters
Thu, Feb 5
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
Bank of Mexico holds benchmark interest rate at 7.00%
MEXICO CITY, Feb 5 (Reuters) - The Bank of Mexico held its benchmark interest rate at 7.00% on Thursday, in line with expectations amid recent upticks in both inflation and economic growth. The decision by the central bank's five-member governing board was unanimous, the bank said in a statement...Reuters
Thu, Feb 5
EXCLUSIVE-ECB to widen access to euro loans in bid to boost global role, sources say
Liquidity lines seen as key tool to boost euro's global reachECB wants to make repo lines more attractive to central banksBy Francesco Canepa and Balazs Koranyi FRANKFURT, Feb 5 (Reuters) - The European Central Bank is working on opening up access to euro liquidity to more countries, making i...Reuters
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
BoE's Bailey welcomes Warsh as Trump's choice to lead U.S. Fed
LONDON, Feb 5 (Reuters) - Bank of England governor Andrew Bailey on Thursday welcomed U.S. President Donald Trump's choice of former Federal Reserve Governor Kevin Warsh to head the U.S. central bank when Jerome Powell's leadership term ends in May."I welcome the nomination of Kevin Wars...Reuters
Thu, Feb 5
FOREX-Dollar hits nearly two-week high as stocks wobble; pound slides after BoE holds
Bank of England leaves rates unchanged, pound dropsDollar strengthens amid risk aversion and central bank decisionsBy Laura Matthews and Amanda Cooper NEW YORK/LONDON, Feb 5 (Reuters) - The U.S. dollar hit a nearly two-week high on Thursday as fresh volatility gripped stocks and the pound tumbled...Reuters
Thu, Feb 5
