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USD/INR falls on positive outcome from US-India trade talks
The Indian Rupee (INR) trades higher against the US Dollar in the opening session on Wednesday. The USD/INR pair drops to near 90.30 as the Indian Rupee gains on the outcome of trade talks between the United States (US) and India on Tuesday.Fxstreet
26 minutes ago
USD/JPY Price Forecast: Approaches 160.00 on Yen’s continued underperformance
The USD/JPY pair posts a fresh one-and-a-half-year high near 159.45 during the early European trading session on Wednesday. The pair strengthens as the Japanese Yen (JPY) continues to underperform across the board amid political uncertainty in Japan.
Fxstreet
44 minutes ago
FOREX-Yen sinks to 18-month low on election speculation
Yen at weakest since 2024 on reports Japan PM may call snap election on February 8Central bankers and Wall Street CEOs line up in support of independent FedBitcoin hits two-month high, ether at strongest in a monthBy Gregor Stuart Hunter SINGAPORE, Jan 14 (Reuters) - The yen fell to its weakest l...Reuters
48 minutes ago
USD/CHF posts mild gains above 0.8000 as US CPI inflation data in line
The USD/CHF pair posts modest gains around 0.8010 during the early European session on Wednesday. The Greenback strengthens against the Swiss Franc (CHF) after US inflation data that was broadly in line with estimates.
Fxstreet
2 hours ago
EUR/USD Price Forecast: Hovers around 1.1650 as RSI signals fading momentum
EUR/USD moves little after registering modest losses in the previous session, trading around 1.1650 during the Asian hours on Wednesday. The 14-day Relative Strength Index (RSI) momentum indicator, currently at 40 (below the 50 midline), signals weak momentum without indicating oversold conditions.
Fxstreet
2 hours ago
Australia, NZ dollars seesaw on greenback, keep climbing on yen
By Wayne Cole SYDNEY, Jan 14 (Reuters) - The Australian and New Zealand dollars steadied on Wednesday after their U.S. peer enjoyed a broad bounce overnight, while both currencies extended gains on the yen as expectations built for more debt-funded fiscal stimulus in Japan.The Aussie was holding ...Reuters
5 hours ago
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
6 hours 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
7 hours 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
7 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
11 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
12 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
12 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
13 hours ago
