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EXPLAINER-Why has the Indonesian rupiah hit a record low despite dollar weakness?
JAKARTA, Jan 20 (Reuters) - Indonesia's rupiah IDR= hit an all-time low against the U.S. dollar on Tuesday, even as the dollar index slid, amid renewed worries about central bank independence after the president picked his nephew among nominees for a senior central bank job.The rupiah has fallen...Reuters
10 minutes ago
FOREX-Dollar extends losses as geopolitics revive 'Sell America' trade
Trump's Greenland threats spark retreat from US assetsJapanese yen in focus as Takaichi vows to suspend sales tax on foodPBOC holds steady on interest ratesBy Gregor Stuart Hunter SINGAPORE, Jan 20 (Reuters) - The dollar retreated for a second day in Asian trading on Tuesday after threats fro...Reuters
44 minutes ago
NZD/USD surges toward 0.5850 near four-month highs
NZD/USD extends its gains for the third successive session, trading around 0.5830 during the early European hours on Tuesday. The pair appreciates to near four-month highs as the US Dollar (USD) comes under pressure from rising uncertainty over the US–Greenland issue.
Fxstreet
an hour ago
Asian bonds draw strong foreign inflows in December
Jan 20 (Reuters) - Asian bonds saw robust inflows in December, driven by an improving growth outlook in the region and diversification by foreign investors away from richly valued equities.Foreigners bought bonds worth a net $9.68 billion in South Korea, Thailand, Malaysia, India and Indonesia in De...Reuters
an hour ago
USD/CAD Price Forecast: Finds temporary support near 20-day EMA
The USD/CAD pair trades 0.13% lower to near 1.3850 during the early European trading session on Tuesday. The Loonie pair is under pressure as the US Dollar (USD) remains on the back foot amid disputes between the United States (US) and the European Union (EU) over the future of Greenland.
Fxstreet
2 hours ago
GBP/JPY ticks up to near 212.40 ahead of UK employment data
The GBP/JPY pair edges higher to near 212.45 during the Asian trading session on Tuesday. The pair ticks up as the Japanese Yen (JPY) underperforms its peers, following the announcement of a snap election by Japan’s Prime Minister (PM) Sanae Takaichi on Monday.
Fxstreet
3 hours ago
USD/CHF softens to near 0.7950 as Trump's tariff threats drive safe-haven demand for Swiss Franc
The USD/CHF pair trades in the negative territory for the third consecutive day around 0.7960 during the early European trading hours on Tuesday. The Swiss Franc (CHF) strengthens against the Greenback as US President Donald Trump's tariff threats spark safe-haven demand.
Fxstreet
3 hours ago
FOREX-Dollar extends losses as geopolitics revive 'Sell America' trade
Trump's Greenland threats spark retreat from US assetsJapanese yen in focus as Takaichi vows to suspend sales tax on foodPBOC expected to hold steady on interest ratesBy Gregor Stuart Hunter SINGAPORE, Jan 20 (Reuters) - The dollar retreated for a second day in Asian trading on Tuesday after ...Reuters
4 hours ago
Major Australian pension fund trimming US dollar exposure on weakening outlook
ART increases hedging to reduce exposure to weakening US dollarUS dollar expected to weaken due to interest rate cutsGlobal volatility and trade tensions contribute to market uncertaintyBy Scott Murdoch SYDNEY, Jan 20 (Reuters) - Australia's second-biggest pension fund says it is reducing its...Reuters
4 hours ago
EUR/JPY Price Forecast: Constructive view prevails, first upside barrier emerges above 185.00
The EUR/JPY cross trades on a flat note near 184.15 during the early European session on Tuesday. Japan's Prime Minister Sanae Takaichi said on Monday that she will dissolve parliament this week and hold a snap election on February 8.
Fxstreet
4 hours ago
GBP/USD remains steady near 1.3450 ahead of UK labor data
GBP/USD holds ground after registering modest gains in the previous session, trading around 1.3430 during the Asian hours on Tuesday. The pair moves little as traders adopt caution ahead of labor market data from the United Kingdom (UK) due later in the day.Fxstreet
5 hours ago
EUR/USD Price Forecast: Tests nine-day EMA barrier near 1.1650
EUR/USD moves little after registering modest gains in the previous session, trading around 1.1640 during the Asian hours on Tuesday. The 14-day Relative Strength Index (RSI) momentum indicator, at 44 (neutral-to-bearish), confirms fading momentum.Fxstreet
6 hours ago
