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NZD/USD holds positive ground above 0.5700 as China unveils action plan to stabilize foreign investment
The NZD/USD pair trades in positive territory around 0.5735 during the early European session on Tuesday.
NZD/USD
Fxstreet
Tue, Feb 25
BUZZ-COMMENT-Traders view currencies most threatened by Trump very differently
Feb 25 (Reuters) - Traders view the currencies most threatened by U.S. President Donald Trump very differently with many betting that Canada's dollar drops, while a few still expect Mexico's peso to rise.Wagers against the loonie grew to a record $14 billion, almost doubling the prior record...
Reuters
Tue, Feb 25
EUR/JPY loses momentum to near 156.50 on BoJ rate hike bets
EUR/JPY softens to near 156.65 in Tuesday’s early European session. Rising bets on the BoJ rate hike support the JPY. Investors will closely monitor how soon the conservative Christian Democrats could form a coalition government.
EUR/JPY
Fxstreet
Tue, Feb 25
FOREX-Dollar recoups losses on renewed tariff worries
Dollar edges away from over two-month lowEuro on the defensive as markets eye Germany coalition talksTrump's tariff deadline nears, stokes nervesUpdates to Asia afternoonBy Rae Wee SINGAPORE, Feb 25 (Reuters) - The dollar edged up slightly on Tuesday after falling to its lowest in more than t...
Reuters
Tue, Feb 25
USD/CHF stays near 0.8950, downside seems possible due to a weaker US Dollar
USD/CHF remains under pressure for the fourth consecutive session, hovering around 0.8970 during Asian trading hours on Tuesday.
USD/CHF
Fxstreet
Tue, Feb 25
USD/CAD remains depressed below mid-1.4200s amid weaker USD, rebounding Oil prices
The USD/CAD pair drifts lower following an Asian session uptick to the 1.4275-1.4280 region, or a one-and-half-week top and for now, seems to have snapped a two-day winning streak.
USD/CAD
Fxstreet
Tue, Feb 25
EUR/USD Price Forecast: Crucial resistance level emerges above 1.0500
The EUR/USD pair gathers strength to near 1.0470 during the Asian trading hours on Tuesday.
EUR/USD
Fxstreet
Tue, Feb 25
EUR/CAD steadies around 1.4900, upside appears due to Trump tariff threats on Canada
EUR/CAD remains steady after registering gains in the previous four consecutive sessions, trading around 1.4920 during the Asian hours on Tuesday.
EUR/CAD
Fxstreet
Tue, Feb 25
Bank of Korea cuts rates to bolster growth, lowers GDP forecast
Bank of Korea cuts policy rate to 2.75%, as expectedCentral bank lowers GDP forecast even moreGovernor agrees with markets on policy pathAdds comments from governor in paragraphs 5 and 13, markets and won 7-9 and analysts 14By Cynthia Kim and Jihoon Lee SEOUL, Feb 25 (Reuters) - The Bank of Korea...
Reuters
Tue, Feb 25
GBP/USD Price Forecast: Holds gains above 1.2600 support near nine-day EMA
The GBP/USD pair gains ground after registering losses in the previous two successive sessions, trading around 1.2630 during the Asian session on Tuesday.
GBP/USD
Fxstreet
Tue, Feb 25
India Morning Newsletter, February 25
(India Morning Newsletter will not be published on Wednesday, February 26, on account of the Mahashivratri holiday)To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-Subscription...
Reuters
Tue, Feb 25
USD/KRW gives up 1,430 after BoK’s expected 25 bps rate cut
Bank of Korea (BoK) Governor Rhee Chang-yong explained the reasons behind the interest rate cut decision in his post-policy meeting press conference on Tuesday.
Fxstreet
Tue, Feb 25
Japanese Yen hovers 150.00 against USD; downside potential seems limited
The Japanese Yen (JPY) drifts lower for the second straight day, which, along with a further US Dollar (USD) recovery from over a two-month low, lifts the USD/JPY pair back above the 150.00 psychological mark during the Asian session on Tuesday.
USD/JPY
Fxstreet
Tue, Feb 25
NZD/USD remains subdued below 0.5750 amid a downbeat market sentiment
The NZD/USD pair continues its losing streak for the third consecutive day, trading around 0.5730 during Asian hours on Tuesday.
NZD/USD
Fxstreet
Tue, Feb 25
USD/INR extends upside amid firm US Dollar demand
The Indian Rupee (INR) edges lower on Tuesday. The local currency remains under pressure amid US Dollar (USD) demand from oil companies and external foreign investor pressures.
Fxstreet
Tue, Feb 25
FOREX-Dollar claws back losses on renewed tariff worries
Dollar edges away from over two-month low hit at start of weekEuro on the defensive as markets eye Germany coalition talksTrump's tariff deadline nears, stokes nervesBy Rae Wee SINGAPORE, Feb 25 (Reuters) - The dollar rose on Tuesday after falling to its lowest in more than two months at the ...
Reuters
Tue, Feb 25
Australian Dollar weakens amid heightened global risk sentiment
The Australian Dollar (AUD) extends its losses against the US Dollar (USD) for the third consecutive session on Tuesday.
AUD/USD
Fxstreet
Tue, Feb 25
PBOC sets USD/CNY reference rate at 7.1726 vs. 7.1717 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1726 as compared to the previous day's fix of 7.1717.
USD/CNH
Fxstreet
Tue, Feb 25
South Korea BoK Interest Rate Decision in line with forecasts (2.75%)
South Korea BoK Interest Rate Decision in line with forecasts (2.75%)
Fxstreet
Tue, Feb 25
Australia, NZ dollars back off resistance, tariff risk looms
By Wayne Cole SYDNEY, Feb 25 (Reuters) - The Australian and New Zealand dollars were on the back foot on Tuesday after again failing to clear resistance, and markets were reminded the next round of U.S. tariff jeopardy was just days away.President Donald Trump on Monday indicated proposed levies ...
Reuters
Tue, Feb 25
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