News
Important Only
EUR/GBP Price Forecast: Euro returns above 0.8700 on a brighter mood
The Euro reversal against the British Pound seen on Wednesday, found support at a previous resistance area near 0.8790, and the pair is picking up on Thursday, favoured by an improved market sentiment, returning to levels past 0.8700 with bulls aiming for the resistance area at 0.8745.
Fxstreet
9 minutes ago
GBP/USD: Likely to range-trade between 1.3400 and 1.3460 – UOB Group
Pound Sterling (GBP) is likely to range-trade between 1.3400 and 1.3460. In the longer run, the near-term bias is tilted to the upside, but GBP may not break above 1.3505, UOB Group's FX analysts Quek Ser Leang and Lee Sue Ann note.
Fxstreet
24 minutes ago
USD/CAD Price Forecast: Seems vulnerable above 1.3800; US PCE Price Index in focus
The USD/CAD pair struggles to capitalize on the overnight bounce from the 1.3785 region, or the 50% Fibonacci retracement level of the December-January upswing, and trades with a negative bias for the fourth straight day on Thursday.
Fxstreet
25 minutes ago
Borrowing data offers new year cheer for UK's Reeves, for now
Britain runs smaller budget deficit than expected in DecemberData raise chance borrowing forecasts for 2025/26 will be metLong-term political pressures hang over budget outlookBy Andy BruceMANCHESTER, England, Jan 22 (Reuters) - Britain's government borrowed less than expected in December, helpe...Reuters
28 minutes ago
AUD/USD rallies further to near 0.6800 on strong Aussie employment data
The AUD/USD pair extends its winning streak for the fourth trading day on Thursday, trading 0.6% higher to near 0.6810 during the European trading session. The Aussie pair gains further as the Australian Dollar (AUD) outperforms its peers, following the release of the employment data for December.
Fxstreet
30 minutes ago
FOREX-US dollar buoyed by Trump's Greenland about-face; Aussie jumps after jobs data
Trump walks back tariff, military talk in quest for GreenlandAussie hits 15-month high as jobs data raises RBA hike prospectsYen swoons as investors fret about loosening of fiscal reinsBy Kevin Buckland and Stefano Rebaudo Jan 22 (Reuters) - The U.S. dollar held on to overnight gains against majo...Reuters
50 minutes ago
FOREX-US dollar buoyed by Trump's Greenland about-face; Aussie jumps after jobs data
Trump walks back tariff, military talk in quest for GreenlandAussie hits 15-month high as jobs data raises RBA hike prospectsYen swoons as investors fret about loosening of fiscal reinsBy Kevin Buckland TOKYO, Jan 22 (Reuters) - The U.S. dollar held on to overnight gains against major peers on Th...Reuters
3 hours ago
GBP/JPY rises to near 213.00 as Yen underperforms ahead of BoJ’s policy
The GBP/JPY pair trades 0.22% higher to near 213.10 at the start of the European trading session on Thursday. The pair gains as the Japanese Yen (JPY) underperforms across the board ahead of the monetary policy announcement by the Bank of Japan (BoJ) on Thursday.
Fxstreet
3 hours ago
INDIA RUPEE-Rupee recovers slightly on equity rally after Trump backpedals on Europe tariff threat
By Dharamraj Dhutia and Nimesh VoraMUMBAI, Jan 22 (Reuters) - The Indian rupee staged a modest recovery on Thursday, buoyed by an improvement in risk appetite after U.S. President Donald Trump stepped back from tariff threats against Europe linked to the Greenland dispute.The rupee INR=IN opened hi...Reuters
3 hours ago
GBP/USD strengthens above 1.3400 as UK inflation beats forecasts
The GBP/USD pair gains ground to near 1.3435 during the early European session on Tuesday. The Pound Sterling (GBP) edges higher against the US Dollar (USD) as UK inflation rose more than expected in December. Markets might turn cautious later in the day ahead of a slew of US economic data.Fxstreet
4 hours ago
EUR/USD Price Forecast: Tests 1.1700 barrier after EMAs rebound
EUR/USD edges higher after registering modest losses in the previous session, trading around 1.1700 during the Asian hours on Thursday. The technical analysis of the daily chart shows that the pair remains within the descending channel pattern, suggesting an ongoing bearish bias.Fxstreet
5 hours ago
