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USD/CAD sticks to modest gains above 1.4400, over one-week top ahead of US data
The USD/CAD pair regains positive traction on Tuesday and climbs to over a one-week high, around the 1.4415 region, during the first half of the European session.
USD/CAD
Fxstreet
Jan 28, 2025
BUZZ-COMMENT-Dollar bounce from Monday's low good news for bulls
Jan 28 (Reuters) - The U.S. dollar's price action this week hints that a possible base has formed on the daily chart.The dollar steadies as the Federal Reserve meeting begins on Tuesday, after the market whiplash on tariff and DeepSeek concerns. The USD index, which tracks the greenback against ...
Reuters
Jan 28, 2025
NZD/USD extends losses to near 0.5650 following new tariff plans from Trump
The NZD/USD pair continues its downward trend for the second day, trading around 0.5660 during early European hours on Tuesday.
NZD/USD
Fxstreet
Jan 28, 2025
Pound Sterling slumps against USD as global sell-off in tech stocks increases safe-haven demand
The Pound Sterling (GBP) declines below 1.2450 against the US Dollar (USD) in Tuesday’s European session after failing to break above the psychological resistance of 1.2500.
GBP/USD
Fxstreet
Jan 28, 2025
Forex Today: US Dollar rebounds on Trump tariff talks, eyes on US data
Here is what you need to know on Tuesday, January 28: Following Monday's choppy action, the US Dollar gathers strength against its rivals early Tuesday as markets assess US President Donald Trump's latest comments on tariffs.
Fxstreet
Jan 28, 2025
BRIEF-ING Groep To Sell Its Business In Russia To Global Development JSC
Jan 28 (Reuters) - ING Groep N.V. INGA.AS:ING TO SELL ITS BUSINESS IN RUSSIA TO GLOBAL DEVELOPMENT JSCTRANSACTION EXPECTED TO BE CLOSED IN Q3 OF 2025EXPECTS NEGATIVE P&L IMPACT OF €0.7 BILLION POST TAXTRANSACTION WILL EFFECTIVELY END ING'S ACTIVITIES IN RUSSIAN MARKETESTIMATED BOOK LOSS OF €...
Reuters
Jan 28, 2025
EUR/JPY holds positive ground above 162.50 as traders await ECB rate decision this week
The EUR/JPY cross trades in positive territory around 162.55 during the early European session on Tuesday.
EUR/JPY
Fxstreet
Jan 28, 2025
AUD/JPY holds gains near 97.50, upside seems limited due to differing policy outlook
AUD/JPY edges higher after registering more than 1% losses in the previous session, trading around 97.30 during the Asian hours on Tuesday.
AUD/JPY
Fxstreet
Jan 28, 2025
FOREX-Currency market whiplashed on tariff, DeepSeek concerns
Broader markets remain on edge after DeepSeek's AI launchTrump's tariff threats hit euroUS dollar steadies as FOMC meeting begins on TuesdayYen gives up gains on Monday's safe-haven bidsUpdates to Asia afternoonBy Brigid Riley TOKYO, Jan 28 (Reuters) - The dollar firmed against the ye...
Reuters
Jan 28, 2025
EUR/USD weakens below mid-1.0400s amid notable USD demand
The EUR/USD pair extends the overnight modest pullback from the 1.0530-1.0535 region, or its highest level since December 17 and attracts heavy follow-through selling during the Asian session on Tuesday.
EUR/USD
Fxstreet
Jan 28, 2025
GBP/USD drops below 1.2500 due to dovish BoE, Trump tariff plans
The GBP/USD pair halts its three-day winning streak as the British Pound (GBP) faces headwinds due to growing market expectations of a near-certain rate cut by the Bank of England (BoE) to 4.5% at its upcoming meeting.
GBP/USD
Fxstreet
Jan 28, 2025
USD/CAD Price Forecast: Remains below 1.4400; initial support appears at nine-day EMA
The USD/CAD pair extends its gains for the second consecutive session, trading near 1.4400 during Tuesday’s Asian session.
USD/CAD
Fxstreet
Jan 28, 2025
USD/INR gathers strength on Trump's threat through tariffs
The Indian Rupee (INR) drifts lower on Tuesday as a decline in the Chinese Yuan amid concerns over US President Donald Trump's trade tariffs put pressure on the Asian peers.
Fxstreet
Jan 28, 2025
USD/CHF rises to near 0.9050 as US Dollar advances due to tariff threats from Trump
USD/CHF recovers its recent losses from the previous two sessions, trading around 0.9050 during the Asian hours on Tuesday.
USD/CHF
Fxstreet
Jan 28, 2025
India Morning Newsletter, January 28
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
Jan 28, 2025
Japanese Yen drifts lower as Trump’s tariff plans benefit US Dollar
The Japanese Yen (JPY) attracts heavy selling during the Asian session on Tuesday and moves away from a six-week high touched against its American counterpart the previous day.
USD/JPY
Fxstreet
Jan 28, 2025
Australian Dollar depreciates due to Trump tariff threats
The Australian Dollar (AUD) continues to decline for the second consecutive day against the US Dollar (USD) on Tuesday.
AUD/USD
Fxstreet
Jan 28, 2025
BUZZ-COMMENT-BOJ's hawkish hike may signal more frequent moves
Jan 28 (Reuters) - The Bank of Japan hiked its policy rate Friday in an 8-1 vote, a more hawkish outcome than many expected. With Governor Kazuo Ueda emphasising the importance of upcoming data and wage talks, the BOJ could take a more aggressive stance depending on economic developments.While Ueda ...
Reuters
Jan 28, 2025
FOREX-Currency markets jittery as traders assess DeepSeek, tariff concerns
Broader markets remain on edge after DeepSeek's AI launchTrump's tariff threats hit euroUS dollar steadies as FOMC meeting begins on TuesdayBy Brigid Riley TOKYO, Jan 28 (Reuters) - The Japanese yen gave up some of the safe-haven driven gains on Tuesday as investors grappled with the pote...
Reuters
Jan 28, 2025
BUZZ-COMMENT-Australia Q4 CPI likely to pave way to Feb rate cut
Jan 28 (Reuters) - Australia's fourth-quarter consumer price report on Wednesday is key for Reserve Bank of Australia expectations and might be benign enough to prompt an easing as early as February.Annual Q4 headline CPI is forecast to drop to 2.5%, the lowest since early 2021, though this may ...
Reuters
Jan 28, 2025
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