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FOREX-Japan yen hits 18-month low; traders weigh up chances of intervention
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 FedSupreme Court ruling on tariffs may land laterBy Amanda Cooper LONDON, Jan 14 (Reuters) - The yen fell to its weakest level in a year-and-a-h...Reuters
3 minutes ago
Pound Sterling trades higher ahead of key UK GDP data
The Pound Sterling (GBP) gains against its major peers, except antipodeans, on Wednesday. The British currency trades higher ahead of the United Kingdom (UK) monthly Gross Domestic Product (GDP) and factory data, which will be released on Thursday.
Fxstreet
17 minutes ago
Japan will take appropriate action against excessive fx moves, finmin says
TOKYO, Jan 14 (Reuters) - Japan will take appropriate action against excessive currency moves without excluding any options, Finance Minister Satsuki Katayama said on Wednesday, as the yen sank to its weakest level in a year-and-a-half.Katayama was speaking to reporters in Tokyo after the yen slippe...Reuters
30 minutes ago
Bank of England's Taylor says rates set to fall further as inflation drops
LONDON, Jan 14 (Reuters) - Interest rates set by the Bank of England should continue to fall as inflation is likely to settle around the central bank's 2% target soon, BoE policymaker Alan Taylor said on Wednesday."We can now see inflation at target in mid-2026, rather than having to wait un...Reuters
59 minutes ago
Bank of England's Taylor says rates set to fall further as inflation drops
LONDON, Jan 14 (Reuters) - Interest rates set by the Bank of England should continue to fall as inflation is likely to settle around the central bank's 2% target soon, BoE policymaker Alan Taylor said on Wednesday."We can now see inflation at target in mid-2026, rather than having to wait un...Reuters
an hour ago
AUD/USD Price Forecast: Hovers around 0.6700, nine-day EMA
The AUD/USD pair is recovering its recent losses registered in the previous session, trading around 0.6700 during the European hours on Wednesday. The daily chart’s technical analysis indicated a weakening bullish bias as the pair is positioned slightly below the ascending channel pattern.
Fxstreet
an hour ago
ROI-Trump's mortgage foray at odds with aggravating Treasuries: Mike Dolan
By Mike Dolan LONDON, Jan 14 (Reuters) - If housing affordability is a priority for U.S. President Donald Trump in an election year, the contradictions in his administration's frenetic new year policy push seem a strange way of getting results.Last week's plan to get federal housing agenc...Reuters
2 hours ago
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
3 hours 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
3 hours 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
3 hours 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
4 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
4 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
8 hours ago
