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FOREX-Yuan slips on trade-war anxiety, yen jumps after wage data
Onshore yuan falls following return from extended breakDollar on the back foot, giving respite to peersYen rises on upbeat Japanese wage gain, rising bets of BOJ hikeUpdates in morning European tradingBy Rae Wee and Harry Robertson SINGAPORE/LONDON, Feb 5 (Reuters) - The yuan fell on Wednesday as...Reuters
Wed, Feb 5
QUOTES-Trump vows to take over Gaza
Adds comments LONDON, 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 shock move dr...Reuters
Wed, Feb 5
QUOTES-Trump vows to take over Gaza
Adds fresh comments LONDON, 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 shock m...Reuters
Wed, Feb 5
EUR: Still reluctant to chase euro much higher – ING
We stick to our call that EUR/USD will start to lose support once crossing 1.040, as the euro remains broadly unattractive from a macro fundamental perspective and Trump has indicated that the EU should be next on the tariff list.Fxstreet
Wed, Feb 5
Pound Sterling faces pressure as BoE’s policy decision looms large
The Pound Sterling (GBP) underperforms its major peers, except the US Dollar (USD), on Wednesday as investors turn cautious ahead of the Bank of England’s (BoE) monetary policy decision, which will be announced on Thursday.
Fxstreet
Wed, Feb 5
Forex Today: US Dollar retreats, Gold renews record-high as markets await US data
Here is what you need to know on Wednesday, February 5: After weakening against its major rivals on improving risk mood and disappointing US data on Tuesday, the US Dollar (USD) struggles to hold its ground early Wednesday. Later in the session, the US economic calendar will feature ADP...
Fxstreet
Wed, Feb 5
BUZZ-COMMENT-False trend break sinks the EUR versus the SEK
Feb 5 (Reuters) - A false trend break and subsequent key day reversal on Monday sent EUR/SEK sharply lower on Tuesday and the back to back bear sessions could be a game changer for the cross. A bearish key day reversal, higher high, lower low and close below the previous close, has greater significa...Reuters
Wed, Feb 5
Israel's shekel flat after Trump says U.S. targeting Gaza Strip takeover
LONDON, Feb 5 (Reuters) - Israel's shekel currency was largely flat against the dollar on Wednesday, after U.S. President Donald Trump said his country would like to take over the Gaza Strip. The shekel was trading at 3.56 versus the dollar, a change of 0.08% from Tuesday's close. Israeli so...Reuters
Wed, Feb 5
FOREX-Yuan slips on trade-war anxiety; yen jumps
Onshore yuan falls following return from extended breakYen rises on upbeat Japanese wage gain, rising bets of BOJ hikeDollar on the back foot, giving respite to peersUpdates to Asia afternoonBy Rae Wee SINGAPORE, Feb 5 (Reuters) - The yuan sank on Wednesday as a new Sino-U.S. trade war shook Chin...Reuters
Wed, Feb 5
EU prepares to hit Big Tech in retaliation for Trump’s tariffs – FT
Citing two officials with knowledge of the plans, the Financial Times (FT) reported on Wednesday that the European Commission is preparing to deploy its “anti-coercion instrument” (ACI) in a potential retaliation to US President Donald Trump’s tariffs, which would enable the European Union (EU) to target US service sectors like Big Tech.Fxstreet
Wed, Feb 5
EUR/USD lacks firm intraday direction, stuck in a range around 1.0375-1.0380 zone
The EUR/USD pair struggles to capitalize on this week's solid recovery from the 1.0200 neighborhood, or the lowest level since January 13, and oscillates in a range near the weekly top touched earlier this Wednesday.Fxstreet
Wed, Feb 5
