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NZD/USD Price Forecast: Tests nine-day EMA near 0.5650; moves within a rectangular pattern
The NZD/USD pair breaks its four-day winning streak, trading around 0.5660 during the European hours on Thursday.
NZD/USD
Fxstreet
Feb 6, 2025
EUR/JPY Price Forecast: Path of least resistance level is to the downside below 158.50
The EUR/JPY cross extends its decline to around 158.45 during the early European session on Thursday.
EUR/JPY
Fxstreet
Feb 6, 2025
Swedish Riksbank's Thedeen says it will take time for rate cuts to have full impact
Adds central bank governor comment in paragraphs 2-3STOCKHOLM, Feb 6 (Reuters) - It takes time for the Swedish central bank's relatively big rate cuts that were made in a short period of time to attain full impact, which suggests a degree of patience in monetary policy going forward, Riksbank Go...
Reuters
Feb 6, 2025
Sterling edges down ahead of Bank of England rate decision
By Greta Rosen Fondahn Feb 6 (Reuters) - Sterling dipped against the dollar on Thursday, as investors awaited the outcome of the Bank of England's meeting later on, at which the central bank is widely expected to cut rates. Markets price in a 94% chance the BoE will cut rates by 25 basis poin...
Reuters
Feb 6, 2025
GBP/JPY falls below 190.50 as traders expect BoE to deliver an interest rate cut
GBP/JPY continues to lose ground for the second consecutive day, trading around 190.40 during the early European hours on Thursday.
GBP/JPY
Fxstreet
Feb 6, 2025
BRIEF-Siemens Healthineers CEO Says On Call That Siemens' CFO's Comments Were Received Very Positively
Feb 6 (Reuters) - SIEMENS HEALTHINEERS AG SHLG.DE:SIEMENS HEALTHINEERS CEO ON CALL ANSWERING QUESTION ON SIEMENS' STAKE - WE BELIEVE IT IS VERY GOOD FOR THE COMPANY WHEN THE FREE FLOAT CAN BECOME HIGHER IN FUTURESIEMENS HEALTHINEERS CFO ON CALL - WE ASSUME HEADWINDS FROM US TARIFFS WILL BE LIMIT...
Reuters
Feb 6, 2025
CORRECTED-BUZZ-COMMENT-High probability EUR/USD drops into a lower range
Amends high for recovery to 1.0443Feb 6 (Reuters) - There is a high probability EUR/USD drops into a lower range following the decisive break below that which dominated for almost two years.EUR/USD spent much of the time within 1.05-1.10 in 2023 and 2024, with the low point in that period at 1.0448 ...
Reuters
Feb 6, 2025
FOREX-Yen rises to 8-week high on BOJ hike bets, receding trade war risk
Updates prices ahead of European market openBy Kevin Buckland TOKYO, Feb 6 (Reuters) - The yen climbed to an eight-week top versus the U.S. dollar on Thursday after a Bank of Japan policy board member advocated continued interest-rate hikes.The dollar hovered near the lowest level since the start...
Reuters
Feb 6, 2025
EUR/GBP softens below 0.8350 as traders brace for BoE rate decision
The EUR/GBP cross remains on the defensive around 0.8320 during the early European session on Thursday.
EUR/GBP
Fxstreet
Feb 6, 2025
ECB hopes Trump's crypto plan will speed up digital euro
Sees US stablecoins as 'worrisome' for EU banksBy Francesco Canepa and Balazs Koranyi FRANKFURT, Feb 6 (Reuters) - The European Central Bank hopes U.S. President Donald Trump's plan to support cryptocurrencies pegged to the U.S. dollar will speed up legislative backing for the digital...
Reuters
Feb 6, 2025
USD/CHF rebounds from 0.9000 mark, over one-week low amid modest USD strength
The USD/CHF pair defends the 0.9000 psychological mark and attracts some dip-buyers during the Asian session on Thursday, snapping a three-day losing streak to over a one-week low touched the previous day.
USD/CHF
Fxstreet
Feb 6, 2025
EUR/USD holds losses below 1.0400 ahead of Eurozone Retail Sales data
EUR/USD depreciates after two days of gains, trading around 1.0390 during the Asian session on Thursday.
EUR/USD
Fxstreet
Feb 6, 2025
GBP/JPY Price Forecast: Bearish outlook remains intact below 190.50
The GBP/JPY cross trades in a negative territory around 190.25 during the early European trading hours on Thursday.
GBP/JPY
Fxstreet
Feb 6, 2025
USD/CAD Price Forecast: Climbs closer to mid-1.4300s; lacks bullish conviction
The USD/CAD pair ticks higher during the Asian session on Thursday and moves away from over a two-week low, around the 1.4270 region touched the previous day.
USD/CAD
Fxstreet
Feb 6, 2025
GBP/USD steadies around 1.2500, downside risks appear due to dovish mood surrounding BoE
GBP/USD halts its three-day winning streak, trading around 1.2490 during the Asian hours on Thursday.
GBP/USD
Fxstreet
Feb 6, 2025
Yuan eases as China challenges Trump tariff at WTO
SHANGHAI, Feb 6 (Reuters) - The yuan eased on Thursday after China sought the World Trade Organization's intervention to rule on new tariffs imposed by U.S. President Donald Trump, heightening market concerns of a potentially damaging trade war between the two economic giants.China filed a World...
Reuters
Feb 6, 2025
USD/INR gathers strength amid RBI rate cut expectations
The Indian Rupee (INR) extends its downside on Thursday. The local currency remains under selling pressure amid the expectation that the Reserve Bank of India (RBI) might cut the interest rates on Friday.
Fxstreet
Feb 6, 2025
India Morning Newsletter, February 6
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-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Feb 6, 2025
Australia, NZ dollars enjoy rally as US yields fall
SYDNEY, Feb 6 (Reuters) - The Australian and New Zealand dollars were enjoying a rare rally on Thursday as falling Treasury yields brought down their U.S. counterpart, while efforts from China to steady its currency offered some support. The two currencies also lost ground to the Japanese yen after ...
Reuters
Feb 6, 2025
Japanese Yen rallies to near two-month top against USD amid hawkish BoJ expectations
The Japanese Yen (JPY) remains on the front foot against its American counterpart during the Asian session on Thursday amid the growing acceptance that the Bank of Japan (BoJ) would keep raising interest rates.
USD/JPY
Fxstreet
Feb 6, 2025
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