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GBP/USD softens below 1.3700 as Trump picks Warsh for Fed
The GBP/USD pair loses ground to around 1.3670 during the early European session on Monday, pressured by renewed US Dollar demand. Signs of political stability in the United States (US) provide some support to the Greenback against the Pound Sterling (GBP).
Fxstreet
2 minutes ago
FOREX-Dollar steady as investors mull a Fed under Warsh
Dollar holds to gains; euro back below $1.20 levelWarsh likely to rein in Fed balance sheetYen weakens after Takaichi talks down currency's declinesBy Rae Wee SINGAPORE, Feb 2 (Reuters) - The dollar clung to its gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh mig...Reuters
31 minutes ago
China's yuan eases from 32-month peak, firmer-than-expected fix caps losses
SHANGHAI, Feb 2 (Reuters) - China's yuan slipped from a 32-month peak against the dollar on Monday, tracking broad weakness across Asian currencies, as investors continued to digest the potential implications of Kevin Warsh's nomination to lead the Federal Reserve.But losses were capped as t...Reuters
2 hours ago
Australian Dollar weakens despite China's RatingDog PMI uptick
The Australian Dollar (AUD) weakens against the US Dollar (USD) on Monday after registering over 1% losses in the previous session. The AUD/USD pair remains subdued following China's RatingDog Manufacturing Purchasing Managers' Index (PMI) data, which rose to 50.3 in January from 50.1 in December.Fxstreet
2 hours ago
FOREX-Dollar firm as investors mull a Fed under Warsh; yen wobbles
Dollar holds to gains; euro back below $1.20 levelWarsh likely to rein in Fed balance sheetYen weakens after Takaichi talks down currency's declinesBy Rae Wee SINGAPORE, Feb 2 (Reuters) - The dollar clung to its gains on Monday as investors weighed what a Federal Reserve under Kevin Warsh mig...Reuters
3 hours ago
Japan PM Takaichi did not stress weak yen's benefits, government says
TOKYO, Feb 2 (Reuters) - Japanese Prime Minister Sanae Takaichi was not highlighting the benefits of a weak yen in her campaign speech over the weekend, a government spokesperson said on Monday. Takaichi on Saturday said the yen's depreciation was a "major opportunity" for export industr...Reuters
4 hours ago
NZD/USD strengthens above 0.6000 after Chinese PMI data
The NZD/USD pair holds positive ground around 0.6025 during the early Asian session on Monday. The New Zealand Dollar (NZD) remains firm against the US Dollar (USD) following the release of Chinese Manufacturing Purchasing Managers Index (PMI) data.
Fxstreet
4 hours ago
Argentina buys $808 million in drawing rights from US to pay IMF, media reports
BUENOS AIRES, Feb 1 (Reuters) - Argentina bought $808 million in Special Drawing Rights (SDRs)from the U.S. Treasury to meet an interest payment to the International Monetary Fund (IMF), local newspaper La Nacion reported on Sunday.The deal came after the U.S. provided essential financial assistance...Reuters
4 hours ago
USD/JPY steadies above 155.00 as BoJ signals no policy urgency
USD/JPY gains ground for fourth successive session, trading around 155.20 during the Asian hours on Monday. The pair remains stronger as the Japanese Yen (JPY) remains calm following the Bank of Japan’s (BoJ) January Summary of Opinions.
Fxstreet
4 hours ago
Aussie, kiwi wobble as Warsh's Fed appointment lifts US dollar
SYDNEY, Feb 2 (Reuters) - The Australian and New Zealand dollars wobbled on Monday after the nomination of Kevin Warsh as the next U.S. central bank chief lifted the embattled greenback and sent prices for precious metals tumbling. The Aussie AUD=D3 hit a one-week low of $0.6923 before steadying at ...Reuters
5 hours ago
GBP/USD holds steady near 1.3700 as markets assess Warsh's Fed outlook
The GBP/USD pair trades on a flat note near 1.3695 during the early Asian session on Monday. Traders weigh what a Federal Reserve (Fed) under Kevin Warsh might look like. The US ISM Manufacturing Purchasing Managers Index (PMI) report will be published later on Monday.Fxstreet
5 hours ago
When are the BoJ Summary of Opinions and how could they affect USD/JPY?
The Bank of Japan (BOJ) will publish its report on Sunday at 23:50 GMT. This report includes the BOJ's projection for inflation and economic growth. It is scheduled 8 times per year, about 10 days after the Monetary Policy Statement is released.Fxstreet
6 hours ago
RPT-Japan markets on edge over looser fiscal policy, ex-currency diplomat Watanabe says
By Makiko Yamazaki and Yoshifumi TakemotoTOKYO, Feb 1 (Reuters) - Japan will continue to face market jitters over fiscal policy, with the risk of further tax relief raising the prospect of a renewed selloff in government bonds and the yen similar to Britain's "Truss shock," a former top ...Reuters
8 hours ago
Japan PM talks up weak yen even as her government works to counter currency decline
Weak yen in focus ahead of February 8 snap electionPM Takaichi calls weak yen a major opportunity for exportersLater says she did not have preference for weak or strong yenCo-head of largest opposition party Noda criticises PM commentsBy Satoshi Sugiyama and Katya Golubkova TOKYO, Feb 1 (Reuters)...Reuters
9 hours ago
