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GBP/USD climbs to six-month highs amid sustained US Dollar selling
The British Pound (GBP) extends its advance against the US Dollar (USD) on Tuesday, with GBP/USD climbing to fresh six-month highs amid broad-based weakness in the Greenback. At the time of writing, the pair is trading around 1.3739, up nearly 0.42% on the day.
Fxstreet
5 minutes ago
USD/JPY whipsaws around 154.00 with the US Dollar on the defensive
The Yen extends gains for the third consecutive day against the US Dollar on Tuesday. The USD/JPY pair trades at 153.75 at the time of writing after the Greenback’s recovery attempts found sellers a few pips shy of the 155.00 level.
Fxstreet
54 minutes ago
Sterling inches higher against the dollar; gaining for fourth consecutive day
By Sophie Kiderlin LONDON, 27 Jan (Reuters) - The pound edged higher against the U.S. dollar for the fourth consecutive day on Tuesday, underpinned partly by data that showed retail inflation picked up sharply in January, while UK political uncertainty simmered on. Sterling was last 0.12% higher...Reuters
2 hours ago
CEE MARKETS-Forint backs off high as markets await Hungary rate cues
BUDAPEST, Jan 27 (Reuters) - The Hungarian forint eased on Tuesday after hitting a multi-week high in the previous session, ahead of the country's central bank policy announcement that is expected to keep the base rate unchanged.The forint EURHUF= was 0.2% lower at 382.00 versus the euro, backtr...Reuters
2 hours ago
EUR/JPY recovery fails at 183.65 despite easing intervention fears
The Euro nudged up from six-week lows, right below 182.00 against the Yen on Tuesday, as convictions about a BoJ-Fed intervention start to fade, but met resistance at the 183.65 area before pulling back to levels right below 183.00 at the time of writing.
Fxstreet
3 hours ago
EMERGING MARKETS-EM FX steady after yen intervention concerns, stocks hit record on Asia-led rally
Trump threatens to hike South Korea tariffs to 25%US links Ukraine security guarantees to ceding Donbas: reportHungary's interest rate decision awaited MSCI EM FX flat, stocks gain 1.2%By Purvi Agarwal Jan 27 (Reuters) - Most emerging market currencies steadied on Tuesday, after robust gains ...Reuters
3 hours ago
INDIA RUPEE-Rupee ends higher as softer dollar, EU trade pact offer breathing room
By Jaspreet Kalra MUMBAI, Jan 27 (Reuters) - The Indian rupee firmed slightly on Tuesday, helped along by a broadly weaker dollar and the boost from a landmark trade agreement between India and the European Union, which is expected to cut tariffs on nearly all Indian exports. The rupee INR=IN clo...Reuters
3 hours ago
EUR/USD: Euro benefits from political risk reduction – MUFG
The EUR/USD has seen a rebound due to broad-based US Dollar weakness and easing political risks in France. The pair is approaching last year's high of 1.1919, with a potential break above this level opening the door for a rise above 1.2000.
Fxstreet
3 hours ago
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
4 hours 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
4 hours 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
4 hours 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
4 hours 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
5 hours ago
