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EUR/CAD steadies around 1.4900, upside appears due to Trump tariff threats on Canada
EUR/CAD remains steady after registering gains in the previous four consecutive sessions, trading around 1.4920 during the Asian hours on Tuesday.
EUR/CAD
Fxstreet
Tue, Feb 25
Bank of Korea cuts rates to bolster growth, lowers GDP forecast
Bank of Korea cuts policy rate to 2.75%, as expectedCentral bank lowers GDP forecast even moreGovernor agrees with markets on policy pathAdds comments from governor in paragraphs 5 and 13, markets and won 7-9 and analysts 14By Cynthia Kim and Jihoon Lee SEOUL, Feb 25 (Reuters) - The Bank of Korea...
Reuters
Tue, Feb 25
GBP/USD Price Forecast: Holds gains above 1.2600 support near nine-day EMA
The GBP/USD pair gains ground after registering losses in the previous two successive sessions, trading around 1.2630 during the Asian session on Tuesday.
GBP/USD
Fxstreet
Tue, Feb 25
India Morning Newsletter, February 25
(India Morning Newsletter will not be published on Wednesday, February 26, on account of the Mahashivratri holiday)To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-Subscription...
Reuters
Tue, Feb 25
USD/KRW gives up 1,430 after BoK’s expected 25 bps rate cut
Bank of Korea (BoK) Governor Rhee Chang-yong explained the reasons behind the interest rate cut decision in his post-policy meeting press conference on Tuesday.
Fxstreet
Tue, Feb 25
Japanese Yen hovers 150.00 against USD; downside potential seems limited
The Japanese Yen (JPY) drifts lower for the second straight day, which, along with a further US Dollar (USD) recovery from over a two-month low, lifts the USD/JPY pair back above the 150.00 psychological mark during the Asian session on Tuesday.
USD/JPY
Fxstreet
Tue, Feb 25
NZD/USD remains subdued below 0.5750 amid a downbeat market sentiment
The NZD/USD pair continues its losing streak for the third consecutive day, trading around 0.5730 during Asian hours on Tuesday.
NZD/USD
Fxstreet
Tue, Feb 25
USD/INR extends upside amid firm US Dollar demand
The Indian Rupee (INR) edges lower on Tuesday. The local currency remains under pressure amid US Dollar (USD) demand from oil companies and external foreign investor pressures.
Fxstreet
Tue, Feb 25
FOREX-Dollar claws back losses on renewed tariff worries
Dollar edges away from over two-month low hit at start of weekEuro on the defensive as markets eye Germany coalition talksTrump's tariff deadline nears, stokes nervesBy Rae Wee SINGAPORE, Feb 25 (Reuters) - The dollar rose on Tuesday after falling to its lowest in more than two months at the ...
Reuters
Tue, Feb 25
Australian Dollar weakens amid heightened global risk sentiment
The Australian Dollar (AUD) extends its losses against the US Dollar (USD) for the third consecutive session on Tuesday.
AUD/USD
Fxstreet
Tue, Feb 25
PBOC sets USD/CNY reference rate at 7.1726 vs. 7.1717 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1726 as compared to the previous day's fix of 7.1717.
USD/CNH
Fxstreet
Tue, Feb 25
South Korea BoK Interest Rate Decision in line with forecasts (2.75%)
South Korea BoK Interest Rate Decision in line with forecasts (2.75%)
Fxstreet
Tue, Feb 25
Australia, NZ dollars back off resistance, tariff risk looms
By Wayne Cole SYDNEY, Feb 25 (Reuters) - The Australian and New Zealand dollars were on the back foot on Tuesday after again failing to clear resistance, and markets were reminded the next round of U.S. tariff jeopardy was just days away.President Donald Trump on Monday indicated proposed levies ...
Reuters
Tue, Feb 25
EUR/USD stuck below 1.0500 to kick off the new trading week
EUR/USD cycled familiar territory on Monday, testing the 1.0500 handle but failing to make any meaningful headway as Fiber continues to churn near the top end of recent consolidation.
EUR/USD
Fxstreet
Mon, Feb 24
USD/CAD posts modest gains above 1.4250 on tariff concerns
The USD/CAD pair trades with mild gains near 1.4265 during the late American session on Monday.
USD/CAD
Fxstreet
Mon, Feb 24
GBP/USD corkscrews near key averages as central bank speeches gather
GBP/USD churned on Monday, jumping to a fresh 10-week high before slumping back to the day’s opening bids near 1.2630.
GBP/USD
Fxstreet
Mon, Feb 24
AUD/JPY Price Analysis: Mild recovery fails to shift bearish outlook
The AUD/JPY cross saw a mild recovery at the start of the week, managing to halt last Friday’s steep losses.
AUD/JPY
Fxstreet
Mon, Feb 24
USD/JPY Price Forecast: Rebounds from yearly lows, bulls' eye 150.00
The USD/JPY rebounds off yearly lows of 148.85 and climbs past the 149.50 mark late during the North American session on Monday, despite overall US Dollar weakness across the board.
USD/JPY
Fxstreet
Mon, Feb 24
AUD/USD retargets the 0.6400 region and gets rejected
AUD/USD managed to regain some upside traction and reverse Friday’s strong decline, revisiting the vicinity of the 0.6400 mark but then buyers quickly rejected it.
AUD/USD
Fxstreet
Mon, Feb 24
FOREX-Euro retreats from highs as German coalition talks eyed, dollar dips
Euro pares early gains in wake of German election resultsDollar briefly falls to lowest in two months on U.S. growth concernsU.S. inflation data, host of Fed speakers, expected this weekUpdates to afternoon U.S. tradingBy Chuck Mikolajczak NEW YORK, Feb 24 (Reuters) - The euro eased off highs fro...
Reuters
Mon, Feb 24
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