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FOREX-Dollar struggles to rebound as Fed meeting comes into focus
Dollar struggles to gain momentum, yen steadies Traders on alert for coordinated currency interventionFed rate decision looms amid worries about independenceBy Sophie Kiderlin and Rae Wee LONDON, Jan 27 (Reuters) - The U.S. dollar edged higher on Tuesday but struggled to gain momentum, while tra...Reuters
18 minutes ago
USD/JPY: Japan-led sell-off faces FOMC test – DBS
DBS Group Research analyst Philip Wee discusses the recent dynamics of the USD/JPY amid a global USD sell-off initiated by Japan-centric policy risks. The report highlights the significance of the 50-day moving average and the upcoming FOMC meeting, which may influence the USD's trajectory.
Fxstreet
18 minutes ago
REFILE-ANALYSIS-US rate check masks stiff hurdle to coordinated yen intervention
U.S. rate check signals Tokyo, Washington action possible but not imminentThreshold high for direct solo, joint intervention, analysts sayU.S. has own reasons to avoid joint actionJapan would need to sell US Treasuries to interveneBy Makiko Yamazaki and Leika Kihara TOKYO, Jan 26 (Reuters) - The ...Reuters
41 minutes ago
USD/CHF rises to near 0.7800, upside seems limited due to US shutdown uncertainty
USD/CHF extends its recovery for the second successive session, trading around 0.7780 during the European hours on Tuesday. The pair appreciates as the US Dollar (USD) gains ground amid market caution ahead of the looming Federal Reserve (Fed) policy due on Wednesday.
Fxstreet
41 minutes ago
GBP/USD faces resistance near 1.3700 as USD ticks higher ahead of Fed rate decision
The GBP/USD pair struggles to find acceptance or build on its gains beyond the 1.3700 mark for the second consecutive day and edges lower during the early part of the European session on Tuesday.
Fxstreet
49 minutes ago
AUD/USD Price Forecast: Holds position near 0.6900 due to overbought conditions
AUD/USD remains subdued for the second successive session, trading around 0.6910 during the European hours on Tuesday. Daily chart analysis indicates that the pair is rising within the ascending channel pattern, indicating a persistent bullish bias.
Fxstreet
an hour ago
NZD/USD inches lower after reaching six-month high of 0.6000
NZD/USD halts its seven-day winning streak, trading around 0.5970 during the early European hours on Tuesday. The currency pair holds losses as the US Dollar (USD) steadies amid market caution ahead of the Federal Reserve (Fed) policy announcement.
Fxstreet
2 hours ago
AUD/USD: Consolidation phase expected – UOB Group
AUD/USD closed at 0.6916, with expectations for consolidation between 0.6880 and 0.6940. The report suggests that further strength is possible, but the pair must break above 0.6945 to aim for 0.6985. UOB Group Senior Technical Strategist Quek Ser Leang and Economist Lee Sue Ann notes.Fxstreet
3 hours ago
GBP: Rally continues with sentiment support – Scotiabank
The GBP is up 0.2% against the USD, continuing its rally driven by positive sentiment and stronger-than-expected economic data. The report highlights that market focus is on the upcoming BoE policy decision, with expectations for no change.Fxstreet
3 hours ago
RPT-ANALYSIS-Dollar under fire again as investors reassess Trump policies, geopolitical risk
Trump's policies create volatility, hurt dollar, investors sayFed expected to cut rates, undermining dollar appealInvestors diversifying away from U.S. as geopolitics heats upBy Amanda Cooper, Dhara Ranasinghe and Samuel Indyk LONDON, Jan 26 (Reuters) - The U.S. dollar is coming under fire ag...Reuters
3 hours ago
EUR/USD: Upward momentum continues towards resistance – UOB Group
EUR/USD is expected to continue its upward trajectory, closing at 1.1879. The report notes that while there is scope for further gains, the major resistance at 1.1920 is likely out of reach for now. The next support levels are identified at 1.1855 and 1.1830.Fxstreet
3 hours ago
FOREX-Yen gains from intervention risk keeps dollar in check
Yen clings to gains on intervention riskBOJ money market data indicates no intervention on FridayDollar pinned near four-month lowFed rate decision looms amid worries about independenceBy Rae Wee SINGAPORE, Jan 27 (Reuters) - The U.S. dollar struggled to rebound on Tuesday after steep loss agains...Reuters
4 hours ago
Silver Price Forecast: XAG/USD trades near 109.00 after revering recent losses
Silver price (XAG/USD) continues its four-day winning streak after recovering daily losses, trading around $108.90 during the Asian hours on Tuesday. The safe-haven Silver rebounded amid rising political and trade risks.
Fxstreet
4 hours ago
EUR/JPY recovers above 183.50 on Japan's fiscal worries
The EUR/JPY cross recovers some lost ground to near 183.55 during the early European session on Tuesday. The Japanese Yen (JPY) softens against the Euro (EUR) amid concerns about Japan’s fiscal health. The Bank of Japan (BoJ) Monetary Policy Meeting Minutes will be published later on Wednesday.
Fxstreet
4 hours ago
JGB yields rise on BOJ's rate-hike bets
By Junko FujitaTOKYO, Jan 27 (Reuters) - Japanese government bond yields rose on Tuesday as the market continued to bet on an early interest rate hike from the Bank of Japan even as the yen gained ground in recent sessions. The benchmark 10-year JGB yield JP10YTN=JBTC rose 4 basis points (bps) to 2....Reuters
4 hours ago
INDIA RUPEE-Rupee hoisted by softer dollar, positive sentiment on EU-India trade pact
By Jaspreet Kalra MUMBAI, Jan 27 (Reuters) - The Indian rupee nudged higher on Tuesday as the dollar slid against major peers and sentiment turned positive on anticipation of a trade agreement between India and the European Union. The rupee INR=IN rose 0.13% to 91.8225 per dollar as of 10:5...Reuters
4 hours ago
