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EUR/GBP gathers strength above 0.8700 ahead of Eurozone/UK PMI releases
The EUR/GBP cross extends the rally to around 0.8735 during the early European session on Tuesday. The Pound Sterling (GBP) softens against the Euro (EUR) amid rising UK fiscal worries, following a significant increase in Britain’s public borrowings.
Fxstreet
30 minutes ago
FOREX-Dollar pauses as Fed speakers suggest caution on rate cuts
Fed speakers renew focus on inflation risksBond yields rise on hawkish tone from Fed speakersGold at fresh record highBy Gregor Stuart Hunter SINGAPORE, Sept 23 (Reuters) - The U.S. dollar faced continued pressure in Asian trading on Tuesday as traders parsed comments by members of the Federal Re...Reuters
an hour ago
EUR/JPY Price Forecast: First upside barrier emerges above 174.50
The EUR/JPY cross holds steady near 174.40 during the early European session on Tuesday. Political uncertainty in Japan ahead of the Liberal Democratic Party leadership election scheduled for October 4 could weigh on the Japanese Yen (JPY) against the Euro (EUR).
Fxstreet
2 hours ago
USD/CHF trades subduedly around 0.7920 ahead of Fed Powell’s speech
The USD/CHF pair demonstrates a subdued performance around 0.7920 during the late Asian trading session on Tuesday. The Swiss Franc pair is expected to stay on the sidelines, with investors awaiting the speech from Federal Reserve (Fed) Chair Jerome Powell scheduled at 16:35 GMT.
Fxstreet
2 hours ago
USD/CAD holds gains near 1.3850 amid lower Oil prices
USD/CAD extends its gains for the second successive session, trading around 1.3830 during the Asian hours on Tuesday. The pair draws support as the commodity-linked Canadian Dollar (CAD) weakens on declining Oil prices, given that Canada is the largest Oil exporter to the United States (US).
Fxstreet
3 hours ago
South Korean president says US tariffs talks worrying FX market
SEOUL, Sept 23 (Reuters) - South Korean President Lee Jae Myung said negotiations with the U.S. on tariffs have stirred concerns in the foreign exchange market but he was confident the two sides will reach a solution, a statement from Lee's office said on Tuesday. Lee made the comments during a ...Reuters
3 hours ago
South Korea president says US tariffs talks worrying FX market, Yonhap reports
SEOUL, Sept 23 (Reuters) - South Korean President Lee Jae Myung said negotiations with the United States on tariffs have stirred concerns in the foreign exchange market, the Yonhap news agency reported on Tuesday. Lee is in New York to attend a United Nations General Assembly meeting this week. Sout...Reuters
4 hours ago
Japan PM contender Takaichi calls for debt issuance to fund spending if needed
By Leika KiharaTOKYO, Sept 23 (Reuters) - Japan's veteran lawmaker Sanae Takaichi, a contender to be the next prime minister, said on Tuesday the government should issue additional government bonds if necessary to fund measures to cushion a blow from rising living costs."We should use extra ...Reuters
4 hours ago
Australia, New Zealand dollars slip, RBNZ about to get new chief
SYDNEY, Sept 23 (Reuters) - The Australian and New Zealand dollars slipped towards their three-week lows on Tuesday, having bounced briefly overnight, as investors await the New Zealand government's pick for its next central bank governor.An announcement on the Reserve Bank of New Zealand is exp...Reuters
5 hours ago
FOREX-Dollar pauses for breath with Fed speakers in focus
Fed speakers renew focus on inflation risksBond yields rise on hawkish tone from Fed speakersGold at fresh record highBy Gregor Stuart Hunter SINGAPORE, Sept 23 (Reuters) - The U.S. dollar faced continued pressure in early trading in Asia on Tuesday as traders parsed comments by members of the Fe...Reuters
5 hours ago
NZD/USD posts modest gains above 0.5850 as traders await Fed’s Powell speech, US PMI data
The NZD/USD pair gathers strength around 0.5865 during the early Asian session on Tuesday. The US Dollar (USD) softens against the New Zealand Dollar (NZD) on growing expectations of a further rate cut from the US Federal Reserve (Fed).Fxstreet
6 hours ago
Dollar weakens against euro and Swiss franc as markets digest Fed speeches
NEW YORK, Sept 22 (Reuters) - The U.S. dollar was poised to snap a three-day winning streak against the euro and Swiss franc on Monday, as investors digested a barrage of comments from Federal Reserve officials about its latest monetary policy stance.Reuters
6 hours ago
