News
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EUR/JPY falls to near 158.50 due to hawkish tone surrounding BoJ’s policy outlook
EUR/JPY depreciates as expectations grow that the BoJ will raise interest rates to tackle persistent inflation. Japan’s trade deficit increased to JPY 2,758.78 billion in January as annual imports surged to a 26-month high. The Euro remains subdued due to rising odds of more ECB’s interest rate cuts
Fxstreet
Wed, Feb 19
AUD/USD Price Forecast: Sits near two-month high, above mid-0.6300s ahead of FOMC minutes
The AUD/USD pair regains positive traction following the previous day's modest downtick and sticks to its positive bias through the first half of the European session amid a modest US Dollar (USD) downtick.
Fxstreet
Wed, Feb 19
EUR: Weakening across the board – ING
The rise in the German ZEW index yesterday was likely due to improved investors' sentiment ahead of expectations for a market-friendly change in government, but does not seem to mirror any real change in sentiment on growth, ING’s FX analysts Francesco Pesole notes.
Fxstreet
Wed, Feb 19
Sterling edges up after jump in UK inflation
LONDON, Feb 19 (Reuters) - The pound edged up on Wednesday, after data showed UK consumer inflation rose faster than expected in January, weakening the case for the Bank of England to deliver another two rate cuts this year.The Office for National Statistics said its consumer price index rose at an ...Reuters
Wed, Feb 19
USD/CHF softens below 0.9050 as traders await FOMC Minutes
USD/CHF weakens to around 0.9030 in Wednesday’s early European. Global geopolitical stress boosts the safe-haven flows, supporting the CHF. Fed’s Daly said the central bank should keep short-term borrowing costs where they are until the progress is more visible.
Fxstreet
Wed, Feb 19
FOREX-Dollar firm on Ukraine tensions, kiwi bounces as RBNZ signals slower easing pace
New Zealand dollar reverses losses as RBNZ signals slower rate reduction paceUS dollar bolstered by tariff, Ukraine concerns Yen firm as BOJ board member remarks support rate hike bets Updates for the Asian afternoonBy Brigid Riley TOKYO, Feb 19 (Reuters) - The U.S. dollar steadied on Wednesday a...Reuters
Wed, Feb 19
