News
Important Only
EUR/CHF trims gains as ECB officials signal caution, focus shifts to Eurozone data
The Euro (EUR) trims part of its gains against the Swiss Franc (CHF) on Wednesday as traders digest remarks from key European Central Bank (ECB) officials amid a thin economic calendar on both sides.
Fxstreet
7 minutes ago
USD/CHF steady as US inflation data, geopolitical tensions balance pair
USD/CHF trades around 0.8010 on Wednesday, virtually unchanged on the day at the time of writing. The pair draws mild support from the US Dollar (USD) after US inflation data were released broadly in line with market expectations.
Fxstreet
13 minutes ago
Citigroup profit hit by Russia charge as dealmaking and services shine
By Tatiana Bautzer and Prakhar Srivastava Jan 14 (Reuters) - Citigroup's C.N profit fell 13% in the fourth quarter as it booked a $1.2 billion loss tied to the sale of its Russia business, offsetting higher revenue from dealmaking and services to corporate clients.Earnings slid to $2.47 billi...Reuters
32 minutes ago
Citigroup profit hit by Russia charge as dealmaking and services shine
By Tatiana Bautzer and Prakhar Srivastava Jan 14 (Reuters) - Citigroup's C.N profit fell 13% in the fourth quarter as it booked a $1.2 billion loss tied to the sale of its Russia business, offsetting higher revenue from dealmaking and services to corporate clients.Earnings slid to $2.47 billi...Reuters
40 minutes ago
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
an hour ago
Sterling edges higher, key UK data flurry up ahead
LONDON, Jan 14 (Reuters) - The pound rose on Wednesday, gaining against the dollar, euro and yen, ahead of economic growth data later this week that might help shape expectations for Bank of England monetary policy in the coming months. Sterling GBP= was up 0.2% at $1.3447. It has barely made any he...Reuters
an hour ago
USD/CAD Price Forecast: Faces selling pressure above 50% Fibo retracement at 1.3900
The USD/CAD pair trades flat around 1.3885 during the European trading session on Wednesday. The Loonie pair consolidates ahead of the United States (US) Producer Price Index (PPI) data for October and November, and the Retail Sales data for November.
Fxstreet
2 hours ago
RPT-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
3 hours ago
USD/JPY: Resistance at 160.00 is likely out of reach for now – UOB Group
Strong momentum indicates further US Dollar (USD) strength; the significant resistance at 160.00 is likely out of reach for now. In the longer run, strong USD rally has scope to extend, potentially breaking above 160.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
3 hours ago
Japan escalates forex intervention threat as yen nears 160 per dollar
By Kentaro Sugiyama and Makiko Yamazaki TOKYO, Jan 14 (Reuters) - Japanese authorities said on Wednesday they would not rule out any options to counter foreign exchange volatility, escalating their verbal threat of intervention as the yen sank to its lowest levels since Tokyo last intervened in t...Reuters
3 hours ago
NZD/USD: Increase in downward momentum is likely to lead to a lower range – UOB Group
Slight increase in downward momentum is likely to lead to a lower range of 0.5720/0.5765 rather than a continued decline. In the longer run, for the time being, NZD is likely to trade in a range between 0.5720 and 0.5805, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
3 hours ago
EMERGING MARKETS-Equities hit record high as domestic data and Fed rate-cut outlook in focus
Stocks up 0.6%, forex up 0.1%South African rand gains on robust precious metal pricesPoland's central bank widely expected to keep rates on holdBy Ragini Mathur and Twesha Dikshit Jan 14 (Reuters) - Most Emerging Markets equities rose on Wednesday, with the broader stock index hitting a recor...Reuters
4 hours ago
AUD/USD: Major support at 0.6655 is not expected to come into view – UOB Group
There is a chance for Australian Dollar (AUD) to test 0.6670; the major support at 0.6655 is not expected to come into view. In the longer run, the current price movements are likely part of a range-trading phase between 0.6655 and 0.6745, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
4 hours ago
