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Japanese Yen surrenders intraday gains; USD/JPY climbs back to 156.00 neighborhood
The Japanese Yen (JPY) kicks off the new week on a positive note amid the global flight to safety, fueled by renewed trade war fears, and the Bank of Japan's (BoJ) hawkish interest rate hike on Friday.
Fxstreet
Jan 27, 2025
Australian Dollar struggles as China’s Industrial Profits decline in previous year
The Australian Dollar (AUD) ends its three-day winning streak against the US Dollar (USD), with the AUD/USD pair trading subdued following the release of mixed Chinese Purchasing Managers' Index (PMI) data on Monday.
Fxstreet
Jan 27, 2025
EUR/USD Price Analysis: Pair climbs above 1.0485 as bullish momentum strengthens
The EUR/USD pair ended the week on a bullish note, climbing 0.66% to settle at 1.0485 on Friday. This move signals a continuation of its recovery, following recent consolidation within a relatively narrow trading range.
Fxstreet
Jan 26, 2025
DXY and EUR/USD are pretty stuck in ranges – Societe Generale
Today’s BoJ rate hike is a step on the road to normalization, consistent with a less oversold Japanese Yen (JPY). The Dollar Index (DXY) seeing its biggest two-week since August, is consistent with the recent phase of dollar strength losing momentum.EUR/USD soars on upbeat Eurozone preliminary PMI data
EUR/USD rallies to near the psychological resistance of 1.0500 in Friday’s European session as the Hamburg Commercial Bank (HCOB) reported that the Eurozone preliminary Composite Purchasing Managers Index (PMI) grew in January after shrinking in the last two months.Fxstreet
Jan 24, 2025
Eurozone Preliminary Manufacturing PMI improves to 46.1 in January vs. 45.3 expected
The Eurozone manufacturing sector remained in contraction while the services sector activity expanded less-than-expected in January, according to the data from the HCOB's latest Purchasing Managers Index (PMI) Survey published on Friday.Fxstreet
Jan 24, 2025
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