News
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Pound trades around two-month high as investors await data
LONDON, Feb 17 (Reuters) - Sterling held steady and traded at just below its highest level in two months, as investors looked towards employment and inflation data later in the week.The pound rose around 1.4% last week as currencies recovered against the dollar due to fading expectations that U.S. P...Reuters
Mon, Feb 17
EUR/USD: More likely to consolidate within a 1.0455/1.0515 range – UOB Group
Instead of continuing to rise, Euro (EUR) is more likely to consolidate within a 1.0455/1.0515 range vs US Dollar (USD). In the longer run, outlook for EUR is positive, with a technical target of 1.0530, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Feb 17
Pound Sterling steadies at the start of UK data-packed week
The Pound Sterling (GBP) trades steady against its major peers at the start of the week as investors turn cautious ahead of the United Kingdom (UK) employment data for three months ending December, which will be released on Tuesday.
Fxstreet
Mon, Feb 17
Forex Today: US Dollar consolidates losses, markets await comments from Fed officials
Here is what you need to know on Monday, February 17: Major currency pairs trade near the previous week's closing levels on Monday as trading conditions remain thin, with financial markets in the US remaining closed in observance of the Presidents' Day holiday.Fxstreet
Mon, Feb 17
Japan braces for BOJ to lift rates sooner and higher
Markets converging towards view BOJ will next hike in JulyBond yields rise on awareness BOJ might hike rates beyond 1%Board member Takata's Wednesday speech may offer policy cluesUS focus on 'currency manipulation' may help BOJ hike ratesBy Leika Kihara TOKYO, Feb 17 (Reuters) - Hawki...Reuters
Mon, Feb 17
FOREX-Yen jumps; Aussie, kiwi firm ahead of rate decisions
Yen rises on better-than-expected Q4 GDP dataDollar broadly on the back footRBA, RBNZ expected to deliver rate cuts this weekUpdates to Asia afternoonBy Rae Wee SINGAPORE, Feb 17 (Reuters) - The yen rose on Monday in a boost from upbeat Japanese GDP data, while the Australian and New Zealand dol...Reuters
Mon, Feb 17
EUR/USD Price Forecast: Stuck in a range near multi-week high, below 1.0500 mark
The EUR/USD pair struggles to capitalize on its gains registered over the past four days and oscillates in a narrow trading band, just below the 1.0500 psychological mark during the Asian session on Monday.Fxstreet
Mon, Feb 17
