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REFILE-FOREX-Dollar rebounds with CPI data in line, bankers back Powell
Central bankers and Wall Street CEOs line up in support of independent FedYen at 18-month low on reports Takaichi may call snap election on February 8Bitcoin hits two-month highBy Gregor Stuart Hunter SINGAPORE, Jan 14 (Reuters) - The U.S. dollar recovered ground to near a one-month high in early...Reuters
28 minutes ago
EUR/USD slips below 1.1650 as resilient US labor data backs Dollar
EUR/USD trades with losses on Tuesday even though the latest inflation in the United States was benign, hinting that the Federal Reserve could indeed reduce interest rates as priced in by the financial markets. At the time of writing, the pair trades at 1.1642, down by over 0.20%.
Fxstreet
an hour ago
USD/JPY climbs above 159.00 amid Japan's fiscal, political concerns
The USD/JPY pair jumps to near 159.15, the highest since July 2024, during the early Asian session on Wednesday. The Japanese Yen (JPY) weakens against the US Dollar (USD) amid concerns about looser fiscal and monetary policy in Japan.
Fxstreet
2 hours ago
FOREX-Yen tumbles on Japan spending fears, dollar broadly higher
Yen tumbles on Japan's fiscal spending concernsFed has more room to cut rates amid inflation dataTraders watch for possible yen intervention by JapanBy Karen Brettell NEW YORK, Jan 13 (Reuters) - The Japanese yen tumbled to its weakest level against the U.S. dollar since July 2024 on Tuesday ...Reuters
5 hours ago
CANADA FX DEBT-Canadian dollar weakens as Iran uncertainty clips risk appetite
Canadian dollar falls 0.1% against the greenbackTrades in a range of 1.3857 to 1.3898Price of oil increases 3%2-year yield eases about half a basis pointBy Fergal Smith TORONTO, Jan 13 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Tuesday as a downturn in stocks and ...Reuters
6 hours ago
FX Today: US Retail Sales, more inflation data and Fedspeak will be in the limelight
The US Dollar (USD) resumed its robust recovery on Tuesday, leaving behind Monday’s pessimism as investors continued to assess the latest US CPI data while gearing up for further inflation readings, Retail Sales and comments from Fed officials.Fxstreet
6 hours ago
AUD/USD softens as markets digest US inflation data
The Australian Dollar (AUD) trades on the back foot against the US Dollar (USD) on Tuesday, pressured by a firmer Greenback following the release of the latest US inflation figures. At the time of writing, AUD/USD trades around 0.6677, retracing all of the previous day’s gains.Fxstreet
7 hours ago
USD/JPY rises toward 159.00 as Dollar firms after US inflation data
The Japanese Yen (JPY) weakens further against the US Dollar on Tuesday as the Greenback strengthens following the release of the latest US inflation report. USD/JPY trades around 159.00 at the time of writing, hovering near levels last seen in July 2024.Fxstreet
9 hours ago
GBP/USD flat near 1.3450 as softer US CPI revives 2026 Fed cut bets
The British Pound turns negative on the day, yet it remains near its Tuesday’s opening price after the latest inflation report in the US indicates that the Federal Reserve could continue to ease policy in 2026. The GBP/USD trades at 1.3450, down 0.03%.
Fxstreet
9 hours ago
FOREX-Dollar pares gains after CPI, yen tumbles on Japan spending fears
Yen tumbles on Japan's fiscal spending concernsFed has more room to cut rates amid inflation dataTraders watch for possible yen intervention by JapanBy Karen Brettell NEW YORK, Jan 13 (Reuters) - The dollar pared earlier gains on Tuesday after December consumer inflation largely matched econo...Reuters
10 hours ago
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
10 hours 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
10 hours 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
10 hours 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
11 hours 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
11 hours ago
