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NZD/USD rises on Chinese PMI improvement, limited by US inflation data
NZD/USD trades around 0.6030 on Monday at the time of writing, up 0.10% on the day. The pair strengthens amid supportive macroeconomic signals from China, New Zealand’s main trading partner, which underpin the New Zealand Dollar (NZD) against the US Dollar (USD).
Fxstreet
9 minutes ago
USD/CAD Price Forecast: Bulls have found resistance at 1.3675
The US Dollar holds minor gains on Monday after rallying nearly 1% on Friday against the Canadian Dollar. The pair, however, found sellers at 1.3675 earlier in the day before trimming some gains, and retreated to 1.3630 at the time of writing.
Fxstreet
22 minutes ago
EMERGING MARKETS-EM currencies weaken, stocks plunge as commodity rout deepens
EM stocks slide as sharp sell-off in metals weighs Indonesian stocks close lower after last week's rout Ukraine, Russia, US to hold talks this week MSCI EM FX down 0.2%, stocks fall 2.2%By Purvi Agarwal Feb 2 (Reuters) - Most emerging market currencies inched lower on Monday, after logging ro...Reuters
36 minutes ago
FOREX-Dollar steady after Friday rally as investors weigh a Warsh-led Fed, commodity-linked currencies soft
Dollar holds to gains; euro back below $1.20 levelSelloff in precious metals rattles broader markets Yen soft as LDP expected to win big at upcoming electionBy Samuel Indyk and Rae Wee LONDON, Feb 2 (Reuters) - The dollar clung on to gains on Monday as investors weighed what a Federal Reserve und...Reuters
an hour 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, Feb 2 (Reuters) - The European Central Bank meets on Thursday with policymakers relieved that ...Reuters
2 hours 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
2 hours 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
2 hours 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
2 hours 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
3 hours 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
4 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
4 hours ago
