News
Important Only
Euro softens as G10 peers outperform – Scotiabank
The Euro (EUR) is soft, down a fractional 0.1% vs. the US Dollar (USD) as it underperforms all of the G10 currencies with the exception of GBP and CHF and fades a minor portion of Tuesday’s gains, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
USD/CHF edges higher as Dollar steadies
The Swiss Franc (CHF) trades on the back foot against the US Dollar (USD) on Wednesday, as the Greenback finds some footing after coming under sustained pressure earlier this week. At the time of writing, USD/CHF is trading around 0.7940, snapping a three-day losing streak.
Fxstreet
15 minutes ago
LIVE MARKETS-Gold only real challenger to US dollar – Morgan Stanley
Main US indexes green; Nasdaq out front, up ~1.3%Energy leads S&P 500 sector gainers; Staples weakest groupEuro STOXX 600 index up ~0.2%Dollar, crude rise; bitcoin gains ~1%; gold up ~2%US 10-Year Treasury yield edges down to ~4.28%Welcome to the home for real-time coverage of markets brought to...Reuters
17 minutes ago
FOREX-Dollar edges up after Trump rules out military action in Greenland
Trump seeking 'immediate negotiations' to acquire GreenlandEU in focus as it might consider deploying its ‘trade bazooka’ Yen on the ropes with investors worried over fiscal policyBy Hannah Lang and Stefano Rebaudo Jan 21 (Reuters) - The dollar edged up from three-week lows against the eu...Reuters
26 minutes ago
CAD steadies as markets sabilize, USD/CAD risks tilt lower – Scotiabank
The Canadian Dollar (CAD) is little changed on the session and consolidating yesterday’s gains as markets stabilize and investors await developments, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
34 minutes ago
GBP/CAD weakens as sticky UK inflation does little to shift BoE outlook
The British Pound (GBP) edges lower against the Canadian Dollar (CAD) on Wednesday, as the latest UK inflation data fails to derail market expectations for a gradual easing path from the Bank of England (BoE). At the time of writing, GBP/CAD trades around 1.8540, down nearly 0.22% on the day.
Fxstreet
2 hours ago
ECB's Panetta says banks will need to issue fully digital private money
Commercial banks must tokenise the money they handleStablecoins will spread due to US push to defend dollarOnly stable pegs are central bank, private banks' money By Valentina Za and Antonella CinelliMILAN, Jan 21 (Reuters) - Commercial bank money is set to become fully digital in the future, li...Reuters
2 hours ago
FOREX-Dollar edges up vs euro, Swiss Franc as investors await Trump remarks
'Sell America’ trade on hold ahead of Trump speech EU in focus as it might consider deploying its ‘trade bazooka’ Trump-Merz meeting unlikely due to US president's late arrivalYen on the ropes with investors worried over fiscal policyBy Stefano Rebaudo Jan 21 (Reuters) - The dollar edged ...Reuters
3 hours ago
Brazil central bank liquidates Banco Master's Will as Mastercard suspends cards
SAO PAULO/BRASILIA, Jan 21 (Reuters) - Brazil's central bank ordered on Wednesday the liquidation of Will Financeira SA, a unit of troubled lender Banco Master, in the latest drastic step involving illiquid institutions tied to the conglomerate. The move comes a day after Mastercard MA...Reuters
4 hours ago
USD/JPY: Likely to trade in a range between 157.60 and 158.60 – UOB Group
USD is likely to trade in a range between 157.60 and 158.60. In the longer run, USD appears to have entered a consolidation phase between 157.10 and 159.10, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
4 hours ago
EUR/GBP resumes uptrend and hits fresh three-week highs above 0.8730
The Euro pulled back against the British Pound following strong UK CPI figures earlier on Wednesday, to find buyers ahead of the 0.8700 psychological level, and bounce up to explore fresh three-week highs, above 0.8730 at the time of writingFxstreet
5 hours ago
NZD/USD: Likely to trade in a range between 0.5790 and 0.5850 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.5790 and 0.5850. In the longer run, further NZD strength is not ruled out, but it must first surpass 0.5855 before a move to 0.5885 can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
5 hours ago
UBS CEO says there is no choice but to keep investing in U.S. assets
LONDON, Jan 21 (Reuters) - UBS CEO Sergio Ermotti said on Wednesday that the world had no choice but to keep investing in the U.S. dollar and U.S. assets despite rising geopolitical tensions, noting that there were only "pockets" of investors reducing their exposure to the country."It is...Reuters
5 hours ago
CEE MARKETS-FX and stocks ease with Trump's Davos appearance in focus
WARSAW, Jan 21 (Reuters) - Central Eastern European currencies edged lower on Wednesday, with the local data calendar empty and investors awaiting U.S. President Donald Trump's address in Davos.Geopolitical and tariff risks over U.S. threats to acquire Greenland continued to weigh on sentiment, ...Reuters
5 hours ago
AUD/USD: Chance to test the significant resistance at 0.6765 – UOB Group
Australia Dollar (AUD) could trade sideways between 0.6700 and 0.6745. In the longer run, there is a chance for AUD to test the significant resistance at 0.6765, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
5 hours ago
GBP: Sterling lags as bond volatility fears resurface – ING
Pound Sterling’s (GBP) recent weakness reflects lingering sensitivity to bond-market volatility, though calmer conditions may allow EUR/GBP to drift back below 0.870. - December UK inflation data offered little new for the Bank of England, with core services steady at 4.0% and a modest headline uptiBessent says Deutsche Bank CEO called to distance bank from analyst's Greenland report
Jan 21 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday that Deutsche Bank's DBKGn.DE chief executive had called him to say the bank does not stand by one of its analyst reports suggesting European investors may dump U.S. assets. "This notion that Europeans would be sellin...Reuters
6 hours ago
