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EMERGING MARKETS-EM FX, stocks pause after rally as markets digest Fed comments
Goldman Sachs, UBS downgrade rating on Indonesia stocks Turkish banks index jumps after Fitch revises outlookMSCI EM FX, stocks set to snap five session streak of gainsBy Purvi Agarwal Jan 29 (Reuters) - Most emerging market currencies and stocks steadied on Thursday, after a streak of robust gai...Reuters
12 minutes ago
EUR: ECB members flag Euro's strength as risk to inflation and policy – ING
The debate regarding the impact of the Euro's strength on ECB policy is intensifying, according to Francesco Pesole from ING. Concerns have been raised by ECB members about the potential for lower inflation and looser policy due to the Euro's strength.
Fxstreet
26 minutes ago
Swedish central bank keeps rates on hold at 1.75%, sees no change ahead
Policy rate on hold as expectedRiksbank repeats forecast for unchanged rates aheadSays uncertainty has increasedBy Simon Johnson STOCKHOLM, Jan 29 (Reuters) - Sweden's central bank kept its key interest rate at 1.75% on Thursday as widely expected and repeated its forecast that no change was ...Reuters
38 minutes ago
H&M: Weak Consumer Sentiment Could Drive Increased Need For 'Temporary Activations' And Deals In Q1
Jan 29 (Reuters) - H & M Hennes & Mauritz AB HMb.ST CEO and CFO in a call with analysts and media:H&M CEO: 2025 WAS CHARACTERISED BY POLITICAL AND ECONOMIC UNCERTAINTY AFFECTING CONSUMERS AND MARKETS, AND WE SEE SIMILAR CONDITIONS CONTINUING INTO 2026H&M CFO: WE SEE WEAK CONSUMER SEN...Reuters
an hour ago
GBP/USD stays firm above 1.3800, with 1.3870 long-term highs in sight
The Pound has taken back most of the ground lost on Wednesday, and is trading in the area of 1.3830 on Thursday’s early London session, after bouncing at 1.3750 lows, with the four-year highs of 1.3870 at a relatively short distance.The US Dollar bounced up on Wednesday, following a hawkishly tilted
Fxstreet
an hour ago
Euro zone bond yields steady as ECB euro strength concerns persist
By Sophie Kiderlin LONDON, Jan 29 (Reuters) - Euro zone bond yields held steady on Thursday as concerns persisted over the strength of the euro and whether it might prompt the European Central Bank to cut interest rates, while the U.S. Federal Reserve kept rates unchanged.Germany's 10-year y...Reuters
2 hours ago
FOREX-Dollar close to multi-year lows as investors see mounting risks
Dollar finds a floor after Bessent comments, but still weakFed keeps rates on hold, sees 'somewhat elevated' inflation and stabilising job marketAussie dollar keeps rising; Swiss franc holds near 11-year highBy Rae Wee and Stefano Rebaudo Jan 29 (Reuters) - The dollar remained on shaky gr...Reuters
2 hours ago
NZD/USD Price Forecast: Targets 0.6100 near 16-month highs
NZD/USD continues its winning streak that began on January 16, trading around 0.6080 during the European hours on Thursday. The technical analysis of the daily chart signals a persistent bullish bias as the pair price rises within the ascending channel pattern.
Fxstreet
2 hours ago
EUR/USD: Testing upside ahead of ECB meeting – Commerzbank
Commerzbank's report by Erik Liem and Rainer Guntermann highlights a shift in focus back to Europe following the Fed's recent decisions. The EUR is currently testing the upside as the market anticipates final ECB guidance before the upcoming Council meeting.Fxstreet
2 hours ago
France finance minister: Recent forex developments reflect changing fundamentals
PARIS, Jan 29 (Reuters) - French Finance minister Roland Lescure said on Thursday that recent developments in the foreign exchange markets, where the dollar hit a four year-low earlier this week, were reflecting changing policy fundamentals on both sides of the Atlantic as well in the East."We c...Reuters
2 hours ago
Japan leans on US backing, tactical silence in war on yen bears
Tokyo has stayed quiet on spikes in yen while noting coordination with U.S.Japan's top currency diplomat Mimura orchestrating FX messagingBOJ's rate path and political factors may limit yen's gainsBy Makiko Yamazaki and Leika Kihara TOKYO, Jan 29 (Reuters) - Japan's top monetary o...Reuters
2 hours ago
EUR/GBP holds positive ground above 0.8650, traders await Eurozone, German GDP data on Friday
The EUR/GBP cross trades with mild gains near 0.8660 during the early European session on Thursday. The lack of top-tier UK economic data releases this week has left the Pound Sterling (GBP) without strong domestic drivers against the Euro (EUR).
Fxstreet
3 hours ago
