News
Important Only
Japanese Yen edges higher amid hawkish BoJ; fiscal and political risks cap gains
The Japanese Yen (JPY) regains some positive traction against a broadly weaker US Dollar (USD) during the Asian session on Thursday and reverses a part of the previous day's retracement slide from a nearly three-month low.
Fxstreet
an hour ago
Australian dollar hits fresh 3-year peak, kiwi rises to 7-month top
SYDNEY, Jan 29 (Reuters) - The Australian dollar scaled a new three-year peak on Thursday as gold prices surged to yet another record and bets grew for an imminent rate hike at home, helping also lift its kiwi cousin to a seven-month top. Overnight, the U.S. dollar =USD got some respite from a sello...Reuters
2 hours ago
NZD/USD strengthens above 0.6050 on improved New Zealand Trade Balance data
The NZD/USD pair trades in positive territory near 0.6055 during the early Asian session on Thursday. The New Zealand Dollar (NZD) edges higher against the Greenback amid encouraging New Zealand’s Trade Balance data.
Fxstreet
2 hours ago
FOREX-Dollar whipped as markets wary of mounting risks
Dollar finds a floor after Bessent comments, but still weakFed keeps rates on hold, sees 'somewhat elevated' inflation and stabilising job marketSwiss franc near 11-year high; Aussie scales three-year peakBy Rae Wee SINGAPORE, Jan 29 (Reuters) - The dollar remained on shaky ground on Thur...Reuters
2 hours ago
USD/JPY gains traction above 153.00 as Bessent reaffirms strong US Dollar policy, Fed hold rates
The USD/JPY pair recovers some lost ground to near 153.35 during the early Asian session on Thursday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) after US Treasury Secretary Scott Bessent affirms a strong USD policy.Fxstreet
5 hours ago
Canada's Exco Technologies Q1 sales rise, driven by Automotive Solutions growth
OverviewCanada's die-cast supplier's Q1 sales rose 4% yr/yr, slightly missing analyst expectationsNet income for Q1 increased to C$4.8 mln, with EPS of C$0.13Company announced quarterly dividend of C$0.105 per shareOutlookExco withdrew fiscal 2026 revenue, EBITDA, and EPS targets due to tari...Reuters
6 hours ago
German Chancellor Merz says weak dollar a burden for German exports
Weak dollar burdens German export economy, Merz saysTrump dismisses concerns over dollar's valueCall for digital euro to reduce dollar dependence Jan 28 (Reuters) - Chancellor Friedrich Merz joined the head of Germany's main foreign trade association on Wednesday in voicing concern over t...Reuters
6 hours ago
FOREX-Dollar rebounds as Fed holds rates steady
Fed leaves rates unchanged, sees 'elevated' inflation and stabilizing job marketUS dollar supported after Bessent affirms strong dollar policy Dollar fell Tuesday following Trump comments ECB officials signal risk to inflation outlook from stronger euroBy Saqib Iqbal Ahmed NEW YORK, Jan 2...Reuters
8 hours ago
AUD/USD little changed as markets digest Fed interest rate decision
The Australian Dollar (AUD) trades slightly lower against the US Dollar (USD) on Wednesday, with AUD/USD stuck in a narrow intraday range as traders show a muted reaction to the Federal Reserve’s (Fed) monetary policy announcement.Fxstreet
8 hours ago
USD/JPY holds firm as US Dollar stays supported after Fed keeps rates unchanged
The Japanese Yen (JPY) remains under pressure against the US Dollar (USD) on Wednesday, with USD/JPY consolidating gains after the Federal Reserve’s (Fed) monetary policy announcement. At the time of writing, the pair is trading around 153.92, up nearly 1.0% on the day.Fxstreet
9 hours ago
GBP/USD holds below 1.3800 as Fed split decision keeps USD firm
GBP/USD stays below the 1.3800 figure after the Federal Reserve’s decided to keep interest rates on hold, on a 10-2 vote split as two Fed Governors opted for a rate cut of 25 basis points. The pair trades volatile within the 1.3740-1.3790 range, ahead of the Fed Chair Jerome Powell press conference.Fxstreet
9 hours ago
German Chancellor Merz says weak dollar a burden for German exports
Jan 28 (Reuters) - The weakness of the dollar against the euro is causing problems for Germany's export-heavy economy, Chancellor Friedrich Merz said on Wednesday."I have seen the dollar rate with concern, for some time," Merz told a news conference ahead of a meeting with his coalition ...Reuters
9 hours ago
Dollar holds gains against euro, yen after Fed stands pat on rates
NEW YORK, Jan 28 (Reuters) - The U.S. dollar held gains against the euro and the yen on Wednesday after the U.S. Federal Reserve kept interest rates steady, citing still-elevated inflation alongside solid economic growth, and gave little indication in its latest policy statement of when borrowing co...Reuters
9 hours ago
EUR/USD remains steady as Fed holds rates, markets brace for Powell appearance
EUR/USD fluctuated but remained relatively stable within Wednesday’s pre-existing price action range after the Federal Reserve (Fed) announced it would keep interest rates in the 3.5-3.75% range, emphasizing its data-dependent approach.
Fxstreet
9 hours ago
