News
Important Only
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.
Fxstreet
Feb 6, 2025
SNAPSHOT-Thai baht/US dollar slightly weaker on Thursday
BANGKOK, Feb 6 (Reuters) - The Thai baht THB=TH weakened slightly against the U.S. dollar on Thursday.At 0214 GMT, the baht was 0.09% lower at 33.58 per dollar, after trading in a range of 33.560 to 33.620. It ended the previous session at 33.55 per dollar, as per LSEG data.For a more detailed repor...Reuters
Feb 6, 2025
CORRECTED-FOREX-Dollar slumps to 8-week low vs yen as trade war risk recedes
Corrects to basis points, not percentage points, in paragraph 14By Kevin Buckland TOKYO, Feb 6 (Reuters) - The U.S. dollar slumped to an eight-week trough to the yen and lingered near a one-month low versus sterling on Thursday, as investor nerves about an inflation-stoking global trade war abate...Reuters
Feb 6, 2025
POLL-Rupee set for volatile ride as RBI eases control amid dollar strength
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=INR= INR poll data BENGALURU, Feb 6 (Reuters) - The Indian rupee is set to become more volatile as the Reserve Bank of India's new governor loosens control over the partially convertible currency as a rampant U.S. dollar exer...Reuters
Feb 6, 2025
Bank of England poised to cut rates but inflation worries linger
LONDON, Feb 6 (Reuters) - The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the COVID-19 pandemic in 2020, as it juggles the need to help the sluggish economy with still-strong inflation pressures.
Reuters
Feb 6, 2025
EUR/USD stuck on familiar technical levels during midweek lull
EUR/USD dragged its feet on Wednesday, finding some topside bidding action as a broad-market recovery in risk appetite keeps bids behind the US Dollar under pressure. The Euro is struggling to find its feet after snapping a six-day losing streak, and EUR/USD remains hobbled by the 1.0400 handle.
Fxstreet
Feb 6, 2025
US Treasury's Bessent says stronger growth will drive real wages higher, rates lower
WASHINGTON, Feb 5 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday he wants to drive wages higher to address affordability challenges for Americans by increasing energy production, making expiring tax cuts permanent and energizing private sector growth in the economy."We'r...Reuters
Feb 5, 2025
CANADA FX DEBT-Canadian dollar stabilizes as tariff concerns ebb
Loonie touches a 2-week high at 1.4266Canada posts first trade surplus in 10 monthsPrice of U.S. oil settles 2.3% lowerBond yields ease across the curveBy Fergal Smith TORONTO, Feb 5 (Reuters) - The Canadian dollar steadied near a two-week high against its U.S. counterpart on Wednesday as data sh...Reuters
Feb 5, 2025
FOREX-Dollar slides as trade war risk recedes, yen rallies
Updates with late U.S. tradeDollar falls as decline from Monday's high continuesTrump negotiating on tariffs seen as positive signalYen rallies on wage dataBy Hannah Lang NEW YORK, Feb 5 (Reuters) - The U.S. dollar fell to its lowest in more than a week on Wednesday as investor nerves about a...Reuters
Feb 5, 2025
