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EUR stretches rebound to low 1.04s – Scotiabank
Weaker than expected PMIs from Spain, downward revisions to French data and a minor upgrade for the German Composite index saw the final Eurozone January Services index marked lower than the preliminary release at 51.3 (from 51.4) while the Composite Index was unchanged at 50.1, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Wed, Feb 5
FOREX-Dollar slides as trade war risk recedes, yen rallies
Dollar falls 0.5% as slide from Monday's high continuesTrump negotiating on tariffs seen as positive signalYen rallies on wage data; Chinese yuan dips on US tariffsUpdates in afternoon European tradingBy Harry Robertson LONDON, Feb 5 (Reuters) - The U.S. dollar fell to its lowest in more ...Reuters
Wed, Feb 5
Rouble surges vs US dollar, yuan after Russia, Ukraine remarks on Trump team contacts
MOSCOW, Feb 5 (Reuters) - The Russian rouble strengthened against both China's yuan and the U.S. dollar on Wednesday after Ukraine and Russia said they were in touch with U.S. President Donald Trump's administration. At 1120 GMT, the rouble surged 1.3% to 13.09 to China's yuan in tr...Reuters
Wed, Feb 5
BUZZ-COMMENT-Market worried pressure will mount on USD/JPY
Feb 5 (Reuters) - The U.S. dollar has suffered against the Japanese yen, this week, and the market seems to be worried that things could get even worse.USD/JPY has come under pressure from strong Japanese wage data and comments from a BOJ official hinting at further rate hikes boosted Japan's cu...Reuters
Wed, Feb 5
Sterling hits one-month high as dollar slides; focus turns to BoE
LONDON, Feb 5 (Reuters) - The pound rose to its highest in a month on Wednesday as the dollar retreated further after surging two days ago on the threat of sweeping U.S. tariffs, while the focus in UK markets turned to the Bank of England rate decision on Thursday.Sterling GBP=D3 climbed to $1.2532 ...Reuters
Wed, Feb 5
BUZZ-COMMENT-US jobs report sneaks onto dollar radar
Feb 5 (Reuters) - With the eyes of the foreign exchange world focused on tariff news from the White House, the monthly U.S. employment report is receiving less attention than it normally would.That may change when the report is released on Friday at 1330 GMT, especially if January's non-farm pay...Reuters
Wed, Feb 5
BUZZ-COMMENT-Gold is the new king of currencies
Feb 5 (Reuters) - Gold has surged to a record high this month and for the time being is the new king of currencies. While it is unlikely gold can usurp the dollar altogether, it has certainly far outperformed the greenback since the shock investors received when they piled into the greenback in...
Reuters
Wed, Feb 5
QUOTES-Trump vows to take over Gaza
Adds comments LONDON/TEL AVIV, Feb 5 (Reuters) - President Donald Trump said the United States would take over war-ravaged Gaza and create a "Riviera of the Middle East" after resettling Palestinians elsewhere, shattering decades of U.S. policy on the Israeli-Palestinian conflict.The shoc...Reuters
Wed, Feb 5
Israel's shekel, bonds give muted reaction to Trump's Gaza takeover bid
Adds quote in last paragraph, updates prices, adds backgroundBy Libby George LONDON, Feb 5 (Reuters) - Israel's shekel was largely flat against the dollar on Wednesday, but its bonds edged slightly higher, after U.S. President Donald Trump said his country would like to take over the Gaza Str...Reuters
Wed, Feb 5
