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US Dollar stabilizes on mixed US data, Canadian Dollar weighed by Oil decline
USD/CAD trades around 1.3820 on Wednesday at the time of writing, up 0.10% on the day, supported by a modest rebound in the US Dollar (USD) amid mixed US economic data and persistent weakness in the Canadian Dollar (CAD).
Fxstreet
Wed, Jan 7
US-Ukraine fund launches portal for potential investment projects
US-Ukraine fund has $173 mln on hand for investmentsDFC officials eye first investments in coming monthsUkraine aims to announce three investments this yearBy Andrea Shalal WASHINGTON, Jan 7 (Reuters) - The U.S. International Development Finance Corporation (DFC) on Wednesday launched an online p...Reuters
Wed, Jan 7
REFILE-FOREX-Dollar flat against major currencies as investors assess labor data
Dollar roughly unchanged vs euro after subdued German inflation figuresYen unaffected by China's ban of dual-use items to JapanBy Chibuike Oguh NEW YORK, Jan 7 (Reuters) - The dollar traded flat against major currencies including the yen and euro on Wednesday as investors assessed a batch of ...Reuters
Wed, Jan 7
EUR/USD holds steady as mixed US data reinforces cautious Fed outlook
The Euro trades little changed against the US Dollar on Wednesday, as traders show a muted reaction to a mixed batch of US economic data. At the time of writing, EUR/USD is trading around 1.1691, consolidating after losing around 0.3% on Tuesday.
Fxstreet
Wed, Jan 7
GBP/USD stalls near 1.3500 as strong US data, risk-off mood bite
The Pound Sterling is down 0.10% during the day amid a scarce economic docket in the UK and following a good employment report in the United States. At the time of writing, the GBP/USD trades at 1.3486 after hitting a daily high of 1.3517.
Fxstreet
Wed, Jan 7
AUD/USD Price Forecast: Overbought RSI flags pullback risk as uptrend holds
The Australian Dollar (AUD) trades flat against the US Dollar (USD) on Wednesday, with AUD/USD easing back after an initial advance triggered by Australia’s latest inflation data. At the time of writing, the pair is trading around 0.6738, holding near 15-month highs.
Fxstreet
Wed, Jan 7
CAD steadies near 1.38 as USD sets the tone – Scotiabank
The Canadian Dollar (CAD) drifted a little lower in quiet overnight trade but appears to have steadied around 1.38 ahead of the North American open. Trends continue to reflect the broader tone of the USD, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Wed, Jan 7
GBP/JPY Price Forecast: Buyers remain in control despite near-term consolidation
The British Pound (GBP) ticks lower against the Japanese Yen (JPY) on Wednesday, extending losses for a second straight day. At the time of writing, GBP/JPY trades around the 211.00 psychological mark, down nearly 0.20%.
Fxstreet
Wed, Jan 7
EUR/CHF flat near 0.9300 as markets digest Eurozone CPI, Swiss data awaited
The Euro (EUR) holds firm against the Swiss Franc (CHF) on Wednesday as traders digest the latest preliminary Eurozone inflation figures. At the time of writing, EUR/CHF is trading around 0.9302, little changed on the day.
Fxstreet
Wed, Jan 7
EUR/JPY declines as geopolitical tensions, hawkish BoJ boost Yen
EUR/JPY trades around 182.90 on Wednesday at the time of writing, down 0.10% on the day. The cross remains under pressure as the Japanese Yen (JPY) benefits from a more defensive market environment, amid rising geopolitical tensions in Asia and continued firm signals from the Bank of Japan (BoJ).
Fxstreet
Wed, Jan 7
FOREX-Dollar stuck in tight range as focus shifts to economic data
Traders okay with US rhetoric if no 'boots on the ground' in Venezuela, says MacquarieInvestors on hold before US dataDollar roughly unchanged vs euro after subdued German inflation figuresYen unaffected by China's ban of dual-use items to JapanBy Stefano Rebaudo Jan 7 (Reuters) - The...Reuters
Wed, Jan 7
USD/JPY wavers around 156.70 with all eyes on US employment data
The Japanese Yen remains trading within a tight range against the US Dollar on Wednesday. The pair moves without a clear bias, both sides of the 156.50 line, with traders looking from the sidelines ahead of the release of key US employment figures later on the day.Fxstreet
Wed, Jan 7
USD/JPY: Expected to edge higher to 157.15 – UOB Group
US Dollar (USD) is expected to edge higher to 157.15; based on the current momentum, any further advance is unlikely to reach 157.50. In the longer run, USD is likely to trade in a range between 155.60 and 157.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jan 7
NZD/USD: Likely to trade in a range between 0.5760 and 0.5800 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.5760 and 0.5800. In the longer run, NZD is likely to trade in a range between 0.5740 and 0.5825, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jan 7
EUR/USD slips below 1.1700 amid soft Eurozone CPI – BBH
EUR/USD is trading below 1.1700 as Eurozone December CPI data reinforces the ECB’s bias to keep rates on hold. With headline inflation at 2.0% y/y and core measures easing, the euro is expected to remain above 1.1500 in the coming months, while swaps price in steady policy, BBH FX analysts report.Fxstreet
Wed, Jan 7
