News
Important Only
BUZZ-COMMENT-Peak of new EUR/USD range may develop soon
Jan 24 (Reuters) - The peak of a new EUR/USD range is very likely to develop soon, and this is a good time to hedge the risk that EUR/USD settles lower in 2025.This year began with a plunge below the rough 1.05-1.10 bounds in which EUR/USD traded throughout most of 2023 and 2024, ending a long quiet...Reuters
Jan 24, 2025
BOJ Governor Ueda's comments at news conference
Adds comments Jan 24 (Reuters) - The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target.At its two-day meeting c...Reuters
Jan 24, 2025
Forex Today: Japanese Yen rises on BoJ hike, attention turns to PMI reports
Here is what you need to know on Friday, January 24: The Japanese Yen (JPY) gathers strength against its major rivals early Friday following the Bank of Japan's (BoJ) decision to raise the policy rate by 25 basis points.Fxstreet
Jan 24, 2025
FOREX-Yen gains on BOJ hike; yuan, Antipodean peers get Trump boost
Yen strengthens following BOJ rate hike, upward revisions to inflation forecastsAussie, kiwi dollars jump after Trump dials down on China tariff talkDollar eyes worst week since NovemberUpdates to Asia afternoonBy Rae Wee SINGAPORE, Jan 24 (Reuters) - The yen rose after the Bank of Japan (BOJ) hi...Reuters
Jan 24, 2025
INDIA RUPEE-Rupee rises; volatility expectations drop on dwindling worries over US tariffs
By Nimesh Vora MUMBAI, Jan 24 (Reuters) - The Indian rupee rose on Friday, tracking a Chinese yuan-driven rally in Asian peers, after U.S. President Donald Trump said a trade deal with the country was on the cards, while volatility expectations plunged on relief over the lack of immediate U.S. t...Reuters
Jan 24, 2025
FOREX-Yen rises after BOJ hike; yuan, Antipodean peers get Trump boost
Yen rises following BOJ rate hike, upward revisions to inflation forecastsAussie, kiwi dollars jump after Trump softens tone on ChinaDollar eyes worst week since NovemberUpdates to Asia afternoonBy Rae Wee SINGAPORE, Jan 24 (Reuters) - The yen rose after the Bank of Japan (BOJ) hiked rates on Fri...Reuters
Jan 24, 2025
Yuan surges to 1-1/2 month high after Trump's China comments, set for best week since July
Yuan up 1.1% vs dollar, set for biggest weekly gain since JulyTrump says he had a 'good, friendly conversation' with XiTariffs on China still likely, analysts say SHANGHAI, Jan 24 (Reuters) - China's yuan surged to a 1-1/2-month high against the dollar on Friday and looked set for the...Reuters
Jan 24, 2025
Australia, NZ dollars hit 5-week highs as Trump softens tone on China
By Wayne Cole SYDNEY, Jan 24 (Reuters) - The Australian and New Zealand dollars blipped higher on Friday after President Donald Trump said he could get a deal with China and would rather not use tariffs, boosting currencies with a large trade exposure to the Asian giant.China is Australia's b...Reuters
Jan 24, 2025
FOREX-Yen choppy after BOJ hikes rates; yuan, Antipodean peers rise on Trump comments
Yen volatile following BOJ rate hikeAussie, kiwi dollars jump on Trump's comments over China tariffsDollar eyes worst week since NovemberUpdates with BOJ decision, prices throughoutBy Rae Wee SINGAPORE, Jan 24 (Reuters) - The yen was choppy after the Bank of Japan (BOJ) delivered a widely ant...Reuters
Jan 24, 2025
INDIA RUPEE-Rupee's choppy price action puts focus on two key levels
By Nimesh Vora MUMBAI, Jan 24 (Reuters) - The Indian rupee is expected to open marginally higher on Friday to round off an up-and-down week, with traders now focussing on two key levels of 86.30 and 86.60 to gauge the currency's near-term direction. The 1-month non-deliverable forward ind...Reuters
Jan 24, 2025
