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EMERGING MARKETS-EM FX, stocks rally to record high ahead of Fed decision; Indonesia slumps
MSCI EM FX, stocks hit record high Indonesia stocks slide after MSCI flags investability riskIMF approves final review of Zambia's credit facilityMoody's upgrades rating on Kenya By Purvi Agarwal (Reuters) - Most emerging market currencies and stocks continued to gain on Wednesday, with t...Reuters
4 minutes ago
FOREX-Dollar skims four-year low after Trump comments
US dollar hit its lowest in four years after Trump commentsEuro tops $1.2, ECB officials signal risk to inflation outlookYen enveloped by intervention chatter Focus on Fed policy decision, Powell comments By Amanda Cooper LONDON, Jan 28 (Reuters) - The dollar steadied on Wednesday, but was still ...Reuters
5 minutes ago
EUR/GBP steadies as ECB signals caution, markets await Eurozone data
EUR/GBP trades without a clear direction on Wednesday, hovering around 0.8690 at the time of writing and virtually unchanged on the day. Trading conditions remain subdued, as a light economic calendar in both the United Kingdom (UK) and the Eurozone encourages investors to remain cautious.
Fxstreet
11 minutes ago
CHF: Strengthening amid currency debasement fears – MUFG
The Swiss Franc is currently threatening to strengthen against the Euro, with potential implications for the SNB's policy. The loss of confidence in US policymaking has heightened fears of currency debasement, boosting the appeal of the CHF as a store of value.
INDIA RUPEE-Rupee lags Asian peers as NDF maturities, month-end dollar bids pinch
By Jaspreet KalraMUMBAI, Jan 28 (Reuters) - The Indian rupee closed marginally weaker on Wednesday, lagging Asian peers, on dollar demand linked to maturing non-deliverable forwards positions and month-end importer demand, while positive cues from a broad-based decline in the greenback capped losses...Reuters
22 minutes ago
JPY: Rebalancing needs after selloff – BNY
The report from BNY outlines the rebalancing needs for the Japanese Yen (JPY) following a significant selloff in Japanese government bonds (JGBs). It indicates that while there is a strong need for JPY purchases, market sentiment may remain cautious until after the upcoming election.
Fxstreet
39 minutes ago
Japan may hold off on yen intervention for now, ex-BOJ official says
Fed rate check had huge effect in keeping yen bears at bayJapan focused on halting one-sided move, not yen levelJapan may hold off intervention for now, Takeuchi saysBy Leika Kihara TOKYO, Jan 28 (Reuters) - Japan may hold off on official intervention for now, with coordinated tactics involving t...Reuters
39 minutes ago
FOREX-Dollar reels near four-year low after blow from Trump comments
US dollar sinks to lowest in four years after Trump commentsEuro tops $1.2, sterling at highest since 2021Yen gets further boost amid intervention chatter Focus will switch to Fed policy decision, Powell comments By Ankur Banerjee and Amanda Cooper SINGAPORE/LONDON, Jan 28 (Reuters) - The dollar ...Reuters
2 hours ago
South Korea policy chief says Trump's tariff threat linked to slow bill passage
SEOUL, Jan 28 (Reuters) - South Korea's presidential policy chief Kim Yong-beom said on Wednesday that U.S. President Donald Trump's threat to hike tariffs on the country's exports reflects frustration at the slow pace of parliament's review of the trade deal.Reuters
2 hours ago
Euro zone bond yields fall as ECB signals euro strength could prompt rate cuts
Jan 28 (Reuters) - Short-end euro zone bond yields fell on Wednesday after European Central Bank policymaker Martin Kocher warned that further euro strength could force them to resume interest rate cuts. The euro zone is a net energy importer, so even slight currency appreciations can significa...Reuters
3 hours ago
REFILE-FOREX-Dollar slips across the board 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
3 hours ago
REFILE-FOREX-Dollar pulls back as Fed meeting comes into focus
Dollar pulls back, yen steadies Traders on alert for coordinated currency interventionFed rate decision looms amid worries about independenceBy Sophie Kiderlin LONDON, Jan 27 (Reuters) - The U.S. dollar fell for the fourth day in a row on Tuesday, as traders remained on alert for potential coord...Reuters
3 hours ago
REFILE-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
3 hours ago
