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JPY hits lowest since July 2024 on snap election speculation – Scotiabank
The Japanese Yen (JPY) fell 0.5% against the US Dollar (USD), underperforming all G10 currencies, as speculation over PM Takaichi’s snap election drove renewed selling and pushed USD/JPY toward levels last seen in early 2025, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
5 minutes ago
EUR/USD consolidates after Monday’s reversal attempt – Scotiabank
The Euro (EUR) is trading flat to the US Dollar (USD) and consolidating in a tight range following Monday’s attempt at a bullish reversal of the pullback from mid/late December, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
18 minutes ago
Trump says inflation data means Fed should cut interest rates
WASHINGTON, Jan 13 (Reuters) - President Donald Trump welcomed inflation figures released on Tuesday, using the U.S. consumer price data to reiterate his push for Federal Reserve chair Jerome Powell to cut interest rates "meaningfully."U.S. data showed consumer prices increased in December a...Reuters
22 minutes ago
EUR/USD consolidates as US inflation data reinforce cautious Fed outlook
The Euro (EUR) holds firm against the US Dollar (USD) on Tuesday as traders show a limited reaction to the latest US inflation data. At the time of writing, EUR/USD trades around 1.1667, as the Greenback softens modestly.Fxstreet
45 minutes ago
CAD little changed amid firmer USD and MXN gains – Scotiabank
The Canadian Dollar (CAD) is trading little changed on the day. Along with a minor gain for the MXN and the generally firmer USD, there is a mild bid for North American FX across markets, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
47 minutes ago
FOREX-Yen tumbles on election bets, dollar still under pressure
Takaichi reportedly may dissolve lower house, call snap election Yen slides broadly, hits record low against euro, Swiss francDollar under pressure as markets fret about Fed independenceUS CPI data could shape short term movesBy Rae Wee and Alun John SINGAPORE/LONDON, Jan 13 (Reuters) - The yen f...Reuters
2 hours ago
AUD/JPY Price Forecast: Approaches all-time high near 109.40
The AUD/JPY pair trades 0.3% higher to near 106.46 during the European trading session on Tuesday. The pair jumps higher as the Japanese Yen (JPY) underperforms its peers amid uncertainty surrounding Japan’s political outlook.
Fxstreet
3 hours ago
Sterling holds steady as dollar stays under pressure
LONDON, Jan 13 (Reuters) - The pound held onto its gains from the previous day against both the dollar and the euro on Tuesday, with the currency having been a somewhat surprising beneficiary of global geopolitical turmoil. Sterling was last flat on the dollar at $1.3471 having gained 0.47% on Monda...Reuters
3 hours ago
NZD/USD: Likely to trade in a range between 0.5720 and 0.5805 – UOB Group
New Zealand Dollar (NZD) could rise further; overbought conditions could limit any gains to a test of 0.5785. In the longer run, for the time being, NZD is likely to trade in a range between 0.5720 and 0.5805, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
3 hours ago
India's rice exports to top buyer Iran stall on protests, tariff worries
Basmati shipments stall amid Iran unrest and payment risksTrump tariff threat chills India-Iran rice tradeRial crash, forex curbs hit Iranian import paymentsBy Rajendra Jadhav and Manoj Kumar MUMBAI/NEW DELHI, Jan 13 (Reuters) - India's basmati rice exports to Iran have slowed to a near stand...Reuters
4 hours ago
AUD/USD: Likely to trade in a range of 0.6685/0.67305 – UOB Group
Australian Dollar (AUD) is likely to trade in a range of 0.6685/0.6730. In the longer run, the current price movements are likely part of a range-trading phase between 0.6655 and 0.6745, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
4 hours ago
