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Australia's hotter Q4 core inflation fuels bets for rate hike next week
Core Q4 inflation rises to uncomfortable level, puts RBA on high alertHeadline inflation also accelerates in December, lifts annual pace to 3.8%Markets raise bets for rate hike next week to 73% from 60% beforeBy Stella QiuSYDNEY, Jan 28 (Reuters) - Australia's underlying inflation ran at a faste...Reuters
33 minutes ago
INDIA RUPEE-Rupee set to find more breathing room after Trump remarks jolt dollar
By Nimesh Vora MUMBAI, Jan 28 (Reuters) - The Indian rupee on Wednesday is poised to build on the previous session's relief after President Donald Trump brushed off the dollar's recent weakness, accelerating its slide and pushing it to multi-year lows.The 1-month non-deliverable forward ...Reuters
an hour ago
Japanese Yen drifts lower as fiscal worries, political risks counter hawkish BoJ
The Japanese Yen (JPY) drifts lower during the Asian session on Wednesday amid concerns about Japan's fiscal health on the back of Prime Minister Sanae Takaichi's aggressive spending and tax cut plans.
Fxstreet
an hour ago
NZD/USD falls toward 0.6000 after reaching six-month highs
NZD/USD halts its winning streak that began on January 16, trading around 0.6010 during the Asian hours on Wednesday. The pair edges lower as the US Dollar (USD) rebounds after registering over 1% losses in the previous session, as traders position ahead of the Federal Reserve (Fed) policy decision.
Fxstreet
2 hours ago
Silver Price Forecast: XAG/USD climbs to near $113.50 on safe-haven appeal
Silver price (XAG/USD) surges to near $113.50 during the Asian session on Wednesday. The rally of the white metal is bolstered by economic and geopolitical risks, and interest rate cut expectations. The US Federal Reserve (Fed) interest rate decision will be in the spotlight later on Wednesday.
Fxstreet
2 hours ago
Australian dollar near 3-year peak as rate bets ramp up
By Wayne Cole SYDNEY, Jan 28 (Reuters) - The Australian dollar paused near three-year peaks on Wednesday as a selloff in the greenback turned into a rout, while a hot set of inflation figures at home ramped up the chance of a rate hike as soon as next week.The Aussie was enjoying the view at $0.6...Reuters
2 hours ago
FOREX-Dollar crumbles after Trump remarks; euro, yen, sterling surge
US dollar sinks to lowest in 4 years after Trump commentsEuro crashes through $1.2, Sterling at highest since 2021Yen gets further boost amid intervention chatter Focus will switch to Fed policy decision By Ankur Banerjee SINGAPORE, Jan 28 (Reuters) - The U.S. dollar was grappling with a "cri...Reuters
2 hours ago
RPT-ROI-Yen intervention risk still looms large: McGeever
By Jamie McGeever ORLANDO, Florida, Jan 27 (Reuters) - The yen has surged nearly 4% since Friday without Japanese authorities spending a single cent in the foreign exchange market. If Tokyo wants to capitalize on this move, now is the time to strike.The Japanese currency's JPY= leap to a two-...Reuters
4 hours ago
Trump says value of the dollar is 'great', currency hits 4-year low
Dollar weakness due to Fed rate cuts, tariff uncertainty, and fiscal deficitsTrump's comments accelerate dollar index lossesWeaker dollar benefits exporters, but raises import costs and inflation riskBy Ismail Shakil, Saqib Iqbal Ahmed and Laura Matthews Jan 27 (Reuters) - U.S. President Dona...Reuters
5 hours ago
USD/JPY tumbles below 152.50 on intervention speculation, Fed rate decision looms
The USD/JPY pair slumps to over three-month lows near 152.30 during the early Asian session on Wednesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) on speculation about a possible coordinated intervention by Japanese and US authorities.Fxstreet
5 hours ago
EUR/USD hits five-year peak above 1.2080 as Trump dismisses Dollar
EUR/USD skyrockets to a new five-year high of 1.2082 on Tuesday after US President Donald Trump expressed that he does not think the Dollar has fallen too much, triggering a sell-off of the Greenback, which is down so far over 1.31% in the day.
Fxstreet
5 hours ago
FOREX-Dollar sinks to four-year low as Trump brushes off the decline
Dollar slips for fourth straight dayYen rises above 153 to the dollarTraders on alert for coordinated currency interventionFed rate decision looms amid worries about independenceBritish pound climbs to highest since October 2021By Saqib Iqbal Ahmed NEW YORK, Jan 27 (Reuters) - The U.S. dollar ext...Reuters
6 hours ago
Euro rises to $1.20 for the first time since mid-2021
NEW YORK, Jan 27 (Reuters) - The euro strengthened to $1.20 for the first time since mid-2021 on Tuesday, driven by an investor retreat from the U.S. dollar that has gathered pace since the start of this year. The euro EUR= rose 1.4% to $1.2049, its highest since June 2021.The single currency has hi...Reuters
7 hours ago
AUD/JPY Price Forecast: Stabilizes near 106.00 as fears of Yen intervention cool
The AUD/JPY halts its downtrend and trades flat during Tuesday’s US session after posting back-to-back bearish daily candles, on speculation of intervention in the FX markets to boost the Japanese Yen.Fxstreet
7 hours ago
FOREX-Dollar sinks to four-year low as intervention risk lifts yen
Dollar slips for fourth straight dayYen rises above 153 to the dollarTraders on alert for coordinated currency interventionFed rate decision looms amid worries about independenceBritish pound climbs to highest since October 2021By Saqib Iqbal Ahmed and Sophie Kiderlin NEW YORK, Jan 27 (Reuters) ...Reuters
8 hours ago
