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GBP/JPY Price Forecast: Pound steadies at long-term highs above 212.20
The Sterling stands comfortably at long-term highs above 212.10 on Monday, supported by a weaker Japanese Yen following news reporting that Prime Minister Sanae Takaichi might be considering calling snap elections in February.According to a Kyodo News report, Takaichi would have told an official of
Fxstreet
Mon, Jan 12
FOREX-Dollar falls sharply vs euro and Swiss franc following Powell indictment threat
Probe escalates pressure on Fed before end of Powell's termFriday's jobs report, Iran unrest earlier lifted dollar to one-month highYen in focus with possible February snap election in viewBy Stefano Rebaudo and Gregor Stuart Hunter Jan 12 (Reuters) - The dollar on Monday fell sharply aga...Reuters
Mon, Jan 12
USD/CAD Price Forecast: Aims to hold 50% Fibonacci retracement at 1.3890
The USD/CAD pair falls after failing to extend the nine-day winning streak on Monday. The Loonie pair corrects to near 1.3890 during the day as the US Dollar (USD) retraces, following criminal charges against Federal Reserve (Fed) Chair Jerome Powell.
Fxstreet
Mon, Jan 12
INDIA RUPEE-Rupee dragged by weak equities, hovers near record-low levels against yuan
By Jaspreet KalraMUMBAI, Jan 12 (Reuters) - The Indian rupee slipped against the dollar on Monday, dragged by weak equities, and was stuck near record lows against its Chinese counterpart, a divergence analysts say is likely to persist as the year unfolds.The rupee INR=IN was at 90.20 per dollar as ...Reuters
Mon, Jan 12
GBP/JPY refreshes multi-year high at 212.30 amid Japan’s political concerns
The GBP/JPY pair posts a fresh multi-year high at 212.30 during the Asian trading session on Monday. The pair trades firmly as the Japanese Yen (JPY) underperforms its peers, following reports from Reuters that Japan’s Prime Minister (PM) Sanae Takaichi could call for an early snap election.Fxstreet
Mon, Jan 12
USD/INR trades firmly at open as higher Oil price weigh on Indian Rupee
The Indian Rupee (INR) opens on a cautious note against the US Dollar (USD) at the start of the week. The USD/INR pair trades firmly near the weekly high of 90.66 as the Indian Rupee underperforms due to rising oil prices and the continued outflow of foreign funds from the Indian stock market.Fxstreet
Mon, Jan 12
EUR/GBP gains ground above 0.8650, traders await UK labor market data
The EUR/GBP cross trades in positive territory around 0.8685 during the early European session on Monday. The Euro (EUR) edges higher against the Pound Sterling (GBP) as the European Central Bank (ECB) appears to be near the end of its rate-cutting cycle.
Fxstreet
Mon, Jan 12
FOREX-Dollar reels on criminal probe into Powell, gold hits record high
Probe escalates pressure on Fed before end of Powell's termFriday's jobs report, Iran unrest earlier lifted dollar to one-month highYen in focus with possible February snap election in viewBy Gregor Stuart Hunter SINGAPORE, Jan 12 (Reuters) - The U.S. dollar fell by the most in three week...Reuters
Mon, Jan 12
USD/CHF holds losses below 0.8000 as Swiss Franc rises on safe-haven flows
USD/CHF breaks its four-day winning streak, trading around 0.7990 during the Asian hours on Monday. The pair loses as the Swiss Franc (CHF) receives support from safe-haven demand amid increased geopolitical tensions.
Fxstreet
Mon, Jan 12
EUR/USD Price Forecast: Edges higher but faces resistance at 100-day EMA
The EUR/USD pair edges higher to near 1.1655 during the early European session on Monday. The US Dollar (USD) softens against the Euro (EUR) amid renewed concerns over US Federal Reserve (Fed) independence. Traders await the US Consumer Price Index (CPI) inflation report on Tuesday.Fxstreet
Mon, Jan 12
EUR/JPY Price Forecast: Climbs toward record highs near 185.00
EUR/JPY extends its gains for the second successive session, trading around 184.30 during the Asian hours on Monday. The technical analysis of the daily chart suggests that the 14-day Relative Strength Index (RSI) at 61 signals firm momentum without overbought conditions.
Fxstreet
Mon, Jan 12
