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Pound Sterling holds onto gains against US Dollar as Trump tariff fears ease
The Pound Sterling (GBP) clings to gains near 1.2900 against the US Dollar (USD) in European trading hours on Thursday. The GBP/USD pair exhibits strength as the risk premium of the US Dollar has diminished significantly, with investors expecting the United States (US) President Donald Trump’s...
Fxstreet
Thu, Mar 6
FOREX-Euro holds 4-month peak ahead of ECB policy decision
Euro up more than 4% this week, set for best week in 16 yearsRisk-sensitive sterling rises to 4-month highBeijing's pledge of more stimulus supports yuan, AussieBy Yadarisa Shabong and Kevin Buckland March 6 (Reuters) - The euro held at a four-month high against the U.S. dollar on Thursday, a...Reuters
Thu, Mar 6
GBP/JPY declines to near 191.50 amid hawkish outlook for BoJ’s policy
GBP/JPY holds losses after registering gains in the previous four successive days, trading around 191.60 during the early European hours on Thursday. The decline comes as the Japanese Yen (JPY) strengthens in response to a hawkish outlook from the Bank of Japan (BoJ) on its monetary policy.
Fxstreet
Thu, Mar 6
China vows to curb risks of exchange rate overshooting
BEIJING, March 6 (Reuters) - China will prevent the risk of its exchange rate overshooting, central bank governor, Pan Gongsheng, said at a news conference on Thursday.Pan also emphasized that the central bank will explore and develop new structural policy tools aimed at supporting technology, consu...Reuters
Thu, Mar 6
EUR/GBP jumps above 0.8350, all eyes will be on ECB rate decision
The EUR/GBP cross trades in positive territory for the fourth consecutive day around 0.8380 during the early European session on Thursday. The easing fear of trade tariff plans from US President Donald Trump provides some support to the Euro (EUR). The European Central Bank (ECB) interest rate...
Fxstreet
Thu, Mar 6
FOREX-Euro hits 4-month peak, dollar sags on German spending and tariff reprieve
Euro up more than 4% this week, set for best week in 16 yearsRisk-sensitive sterling rises to 4-month highBeijing's pledge of more stimulus supports yuan, AussieBy Kevin Buckland TOKYO, March 6 (Reuters) - The euro extended four-month highs to the U.S. dollar on Thursday, following a surge in...Reuters
Thu, Mar 6
USD/CHF moves back above 0.8900 mark; upside potential seems limited
The USD/CHF pair builds on the previous day's modest bounce from the vicinity of mid-0.8800s, or the lowest since December 12, and gains some follow-through positive traction for the second straight day on Thursday.
Fxstreet
Thu, Mar 6
Forex Today: Market attention turns to ECB policy decisions
Here is what you need to know on Thursday, March 6: Following another volatile trading day, financial markets remain relatively quiet early Thursday as investors await the European Central Bank's (ECB) monetary policy announcements.Fxstreet
Thu, Mar 6
