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AUD/USD corrects from three-year high amid US Dollar recovery
AUD/USD trades around 0.7000 on Friday at the time of writing, down 0.60% on the day, after retreating from a three-year high reached earlier this week. The pair thus snaps a three-day winning streak, amid a technical correction and a modest recovery in support for the US Dollar (USD).
Fxstreet
23 minutes ago
Canada's economic growth stalled in November, could contract in fourth quarter
Contraction in goods-producing sectors behind flat growthManufacturing output shrank by 1.3%, followed by agricultureServices-producing sectors helped offset some of the weaknessQ4 GDP could shrink by 0.5% annualized, 2025 GDP seen at 1.3%By Promit MukherjeeOTTAWA, Jan 30 (Reuters) - Canada's ec...Reuters
26 minutes ago
GBP/JPY steady near weekly highs as Yen weakens on softer Tokyo inflation
The British Pound (GBP) trades firmer against the Japanese Yen (JPY) on Friday, as softer-than-expected Tokyo Consumer Price Index (CPI) data weigh on the Yen and revive doubts over the pace of policy normalisation by the Bank of Japan (BoJ). At the time of writing, GBP/JPY is trading around 212.16
Fxstreet
54 minutes ago
USD: Potential for prolonged weakness – Nordea
Nordea's Macro & Markets report by Sara Midtgaard discusses the ongoing weakness of the US Dollar, driven by geopolitical factors and historical patterns. The report suggests that the current downturn could be long-lasting, with potential for a multi-year period of dollar weakness.
Fxstreet
2 hours ago
Gold, silver and copper tumble as nervous investors discover gravity
Fear of missing out triggers outsize movesSpeculators reminded of two-way marketsChina's Lunar New Year holiday could see further salesBy Pratima Desai and Polina Devitt LONDON, Jan 30 - Gold, silver and copper prices tumbled on Friday after hitting record highs this week, as jittery investor...Reuters
2 hours ago
FOREX-Dollar holds higher after Warsh announced as Fed chair
By Alun John TOKYO/LONDON, Jan 30 (Reuters) - The dollar held higher on the day on Friday after U.S. President Donald Trump said he had appointed former governor Kevin Warsh as chair of the U.S. Federal Reserve. The move will give a frequent Fed critic a chance to put his idea of monetary policy ...Reuters
2 hours ago
USD/JPY pulls back below 154.00 as Trump confirms Warsh as Fed Chair
The US Dollar maintains a moderate bid tone against the Japanese Yen on Friday, but has retreated from session highs at 154.40, and is trading at 153.90 at the time of writing, after Trump confirmed that former Federal Reserve (Fed) governor Kevin Warsh will replace the current bank Chairman Jerome
Fxstreet
2 hours ago
FOREX-Dollar holds higher after Fed chief announcement
TOKYO/LONDON, Jan 30 (Reuters) - The dollar gave back some of its earlier gains on Friday but remained higher on the day after U.S. President Donald Trump said he had appointed former governor Kevin Warsh as chair of the U.S. Federal Reserve. The euro was last down 0.2% at $1.1947, EUR= sterling was...Reuters
3 hours ago
Swiss deny currency manipulation after US bolsters monitoring
Swiss National Bank says it does not manipulate currencySwiss remain on U.S. Treasury monitoring listRemaining on list won't affect SNB policy, analyst saysBy John Revill ZURICH, Jan 30 (Reuters) - The Swiss National Bank on Friday denied manipulating the Swiss franc after the U.S. Treasury k...Reuters
3 hours ago
EUR: Inflation pressures remain stable – TD Securities
TD Securities' Global Strategy Team provides insights into the Eurozone's inflation outlook. The report indicates that Germany's HICP is expected to remain steady at 2.0% year-on-year in January, with fuel price increases balanced by base effects and industrial electricity subsidies.Fxstreet
3 hours ago
Sterling drops as dollar lifted by Fed chair speculation
LONDON, Jan 30 (Reuters) - The pound dropped against the dollar on Friday, with the U.S. currency benefiting from growing expectations that former Fed Governor Kevin Warsh will be unveiled as new Fed chair later on Friday. Sterling was last down 0.56% at $1.3742 GBP= weakening by a similar amount ag...Reuters
3 hours ago
No escaping the euro or the Fed: Five questions for the ECB
ECB expected to stay on hold for fifth meetingImmediate risk of Trump tariffs over Greenland has passedPolicymakers concerned after euro briefly touched $1.20By Yoruk Bahceli and Stefano Rebaudo LONDON, Jan 30 (Reuters) - The European Central Bank meets next Thursday with policymakers relieved th...Reuters
4 hours ago
EUR/JPY climbs as Eurozone growth beats expectations, Japan inflation eases
EUR/JPY trades around 183.70 on Friday at the time of writing, up 0.27% on the day. The pair benefits from a relatively supportive macroeconomic backdrop for the Euro (EUR), while the Japanese Yen (JPY) remains under pressure following weaker-than-expected inflation data from Tokyo.
Fxstreet
4 hours ago
German two-year yields set for weekly drop as strong euro could shape ECB path
Money markets price in a 30% chance of an ECB rate cut in 2026Borrowing costs little changed after euro zone economic dataRisks of a second China shock in ECB's focus, Deutsche Bank saysBy Stefano Rebaudo Jan 30 (Reuters) - German two-year government bond yields were set on Friday for a weekl...Reuters
4 hours ago
EMERGING MARKETS-EM currencies, stocks lose ground as Fed succession talk lifts dollar
MSCI EM FX, stocks set for monthly gains South African rand's weekly streak last seen in 1990Ukraine bonds gain on hopes of peace deal Indonesian stocks close higher after market rout By Purvi Agarwal Jan 30 (Reuters) - Most emerging market currencies and stocks fell on Friday, after U.S. Pre...Reuters
5 hours ago
