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USD/JPY: Resistance at 160.00 is likely out of reach for now – UOB Group
Strong momentum indicates further US Dollar (USD) strength; the significant resistance at 160.00 is likely out of reach for now. In the longer run, strong USD rally has scope to extend, potentially breaking above 160.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Jan 14
Japan escalates forex intervention threat as yen nears 160 per dollar
By Kentaro Sugiyama and Makiko Yamazaki TOKYO, Jan 14 (Reuters) - Japanese authorities said on Wednesday they would not rule out any options to counter foreign exchange volatility, escalating their verbal threat of intervention as the yen sank to its lowest levels since Tokyo last intervened in t...Reuters
Wed, Jan 14
NZD/USD: Increase in downward momentum is likely to lead to a lower range – UOB Group
Slight increase in downward momentum is likely to lead to a lower range of 0.5720/0.5765 rather than a continued decline. In the longer run, for the time being, NZD is likely to trade in a range between 0.5720 and 0.5805, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jan 14
EMERGING MARKETS-Equities hit record high as domestic data and Fed rate-cut outlook in focus
Stocks up 0.6%, forex up 0.1%South African rand gains on robust precious metal pricesPoland's central bank widely expected to keep rates on holdBy Ragini Mathur and Twesha Dikshit Jan 14 (Reuters) - Most Emerging Markets equities rose on Wednesday, with the broader stock index hitting a recor...Reuters
Wed, Jan 14
AUD/USD: Major support at 0.6655 is not expected to come into view – UOB Group
There is a chance for Australian Dollar (AUD) to test 0.6670; the major support at 0.6655 is not expected to come into view. In the longer run, the current price movements are likely part of a range-trading phase between 0.6655 and 0.6745, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Jan 14
USD/JPY rally accelerates as election risk returns – ING
There seems to be no way of stopping the USD/JPY rally. Speculation of snap elections is mounting, and the return of some degree of political risk premium is offering another chance to test Japan’s tolerance band on its currency.Fxstreet
Wed, Jan 14
FOREX-Japan yen hits 18-month low; traders weigh up chances of intervention
Yen at weakest since 2024 on reports Japan PM may call snap election on February 8Central bankers and Wall Street CEOs line up in support of independent FedSupreme Court ruling on tariffs may land laterBy Amanda Cooper LONDON, Jan 14 (Reuters) - The yen fell to its weakest level in a year-and-a-h...Reuters
Wed, Jan 14
Pound Sterling trades higher ahead of key UK GDP data
The Pound Sterling (GBP) gains against its major peers, except antipodeans, on Wednesday. The British currency trades higher ahead of the United Kingdom (UK) monthly Gross Domestic Product (GDP) and factory data, which will be released on Thursday.
Fxstreet
Wed, Jan 14
Japan will take appropriate action against excessive fx moves, finmin says
TOKYO, Jan 14 (Reuters) - Japan will take appropriate action against excessive currency moves without excluding any options, Finance Minister Satsuki Katayama said on Wednesday, as the yen sank to its weakest level in a year-and-a-half.Katayama was speaking to reporters in Tokyo after the yen slippe...Reuters
Wed, Jan 14
Bank of England's Taylor says rates set to fall further as inflation drops
LONDON, Jan 14 (Reuters) - Interest rates set by the Bank of England should continue to fall as inflation is likely to settle around the central bank's 2% target soon, BoE policymaker Alan Taylor said on Wednesday."We can now see inflation at target in mid-2026, rather than having to wait un...Reuters
Wed, Jan 14
Bank of England's Taylor says rates set to fall further as inflation drops
LONDON, Jan 14 (Reuters) - Interest rates set by the Bank of England should continue to fall as inflation is likely to settle around the central bank's 2% target soon, BoE policymaker Alan Taylor said on Wednesday."We can now see inflation at target in mid-2026, rather than having to wait un...Reuters
Wed, Jan 14
AUD/USD Price Forecast: Hovers around 0.6700, nine-day EMA
The AUD/USD pair is recovering its recent losses registered in the previous session, trading around 0.6700 during the European hours on Wednesday. The daily chart’s technical analysis indicated a weakening bullish bias as the pair is positioned slightly below the ascending channel pattern.Fxstreet
Wed, Jan 14
