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German two-year yields set for best month since April as strong euro muddies 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 for their largest mon...Reuters
14 minutes ago
GBP/USD slips below 1.3800 as Warsh nomination, hot PPI boosts USD
The Pound Sterling retreats on Friday, remaining below 1.3800 after the Trump administration revealed that Kevin Warsh to lead the Federal Reserve. Additionally, a red-hot inflation report on the producer front boosted the Greenback’s appeal.
Fxstreet
an hour ago
FOREX-US dollar gains as Warsh named next Fed Chair
Warsh seen as likely to support lower rates, easing concernsDollar gains after U.S. producer prices rise more than expectedBitcoin lowest since November 21By Karen Brettell NEW YORK, Jan 30 (Reuters) - The U.S. dollar gained on Friday after former Federal Reserve Governor Kevin Warsh was selected...Reuters
an hour ago
USD/CAD firms as Warsh pick calms Fed independence concerns and US PPI beats
The Canadian Dollar (CAD) weakens against the US Dollar (USD) on Friday, as the Greenback regains some ground after concerns over the Federal Reserve’s independence eased somewhat following US President Donald Trump’s decision to nominate a former Federal Reserve (Fed) Governor as the next Fed Chair
Fxstreet
an hour ago
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
2 hours 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
2 hours 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
3 hours 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
3 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
4 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
4 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
4 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
5 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
5 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
5 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
5 hours ago
