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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, Feb 2 (Reuters) - The European Central Bank meets on Thursday with policymakers relieved that ...Reuters
12 minutes ago
EUR: ECB to hold rates steady amid inflation dynamics – Societe Generale
Societe Generale's report argues the European Central Bank (ECB) is likely to maintain interest rates amidst mixed inflation signals. The report highlights that euro area inflation is expected to dip slightly below target in January, with a forecast of 1.8%.
Fxstreet
22 minutes ago
USD/CHF clings to gains near 0.7730 ahead of US ISM PMI data
The USD/CHF pair holds onto Friday’s gains near 0.7730 during the European trading session on Monday. The Swiss Franc pair trades firmly as the US Dollar (USD) clings to Kevin Warsh’s nomination for the Federal Reserve’s (Fed) new Chairman-led gains.
Fxstreet
42 minutes ago
USD/JPY Price Forecast: Slips below 155.00, upper descending channel pattern
USD/JPY loses ground after three days of gains, trading around 154.90 during the European hours on Monday. On the daily chart, technical analysis indicates a potential bullish reversal as the pair is testing the upper boundary of the descending channel pattern.
Fxstreet
43 minutes ago
EUR/GBP Price Forecast: Euro hovers above a key support area, at 0.8645
The Euro is showing a mild upside bias against the British Pound on Monday, but maintains its broader bearish trend intact. The pair trades at the 0.8665 area at the time of writing, but remains unable to take off from a key support area at 0.8645.
Fxstreet
55 minutes ago
Japan PM Takaichi's party poised for landslide victory, poll shows
LDP likely to well exceed majority, Asahi poll showsRuling coalition seen reaching 300 seats, poll showsTakaichi's yen comments keep currency wobblySome see LDP win as restraining force against extreme tax cutsBy Leika Kihara TOKYO, Feb 2 (Reuters) - Japanese Prime Minister Sanae Takaichi'...Reuters
2 hours ago
AUD/JPY Price Forecast: Holds losses to near 104.00, RBA rate decision looms
The AUD/JPY cross attracts some sellers near 104.05 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) as the Bank of Japan (BoJ) Summary of Opinions from the January 22-23 meeting revealed growing hawkishness.
Fxstreet
2 hours ago
FOREX-Dollar steady amid rout in precious metals as investors weigh a Fed under Warsh
Dollar holds to gains; euro back below $1.20 levelSelloff in precious metals rattles markets though currencies steadyWarsh likely to rein in Fed balance sheetYen weakens after Takaichi talks down currency's declines; LDP expected to win big at upcoming electionBy Rae Wee SINGAPORE, Feb 2 (Reu...Reuters
3 hours ago
USD/JPY: Strong momentum suggests further advance – UOB Group
UOB Group's report, authored by Quek Ser Leang and Lee Sue Ann, indicates that USD/JPY is likely to continue its upward trajectory, with strong momentum suggesting a potential advance towards the resistance level at 156.40.Fxstreet
3 hours ago
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
3 hours ago
