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FACTBOX-India's bumpy trade relationship with the US over the last year
By Aftab Ahmed and Shivangi Acharya Feb 2 (Reuters) - U.S. President Donald Trump said on Monday he had agreed on a trade deal with India, and that New Delhi also agreed to stop buying Russian oil and buy more from the U.S. and potentially Venezuela.Below are some developments in U.S.-Indian tra...Reuters
an hour ago
Swiss National Bank Chairman says current situation not easy for policy
By John RevillZURICH, Feb 2 (Reuters) - A combination of low inflation in Switzerland and interest rates at 0% were uncomfortable for monetary policy, Swiss National Bank Chairman Martin Schlegel said on Monday, declining to say whether the situation made negative rates more likely."As a central...Reuters
2 hours ago
Swiss National Bank Chairman says current situation not easy for policy
ZURICH, Feb 2 (Reuters) - A combination of low inflation in Switzerland and interest rates at 0% were uncomfortable for monetary policy, Swiss National Bank Chairman Martin Schlegel said on Monday, declining to say whether the situation made negative rates more likely."As a central bank, my grea...Reuters
2 hours ago
CANADA FX DEBT-Canadian dollar weakens as precious metals sell-off spooks traders
Canadian dollar falls 0.6% against the greenbackPrice of oil decreases 5%Manufacturing PMI rises to 50.4 in JanuaryBond yields rise across the curveBy Fergal Smith TORONTO, Feb 2 (Reuters) - The commodity-linked Canadian dollar gave back some recent gains against its U.S. counterpart on Monday as...Reuters
2 hours ago
EUR/JPY steady amid political uncertainty, ECB decision in focus
EUR/JPY trades around 183.50 on Monday at the time of writing, virtually unchanged on the day, against a backdrop of persistent weakness in the Japanese Yen (JPY) and a cautious tone on the Euro (EUR) ahead of the European Central Bank’s (ECB) monetary policy announcements.
Fxstreet
3 hours ago
AUD/USD rebounds ahead of RBA rate call, US Dollar strength weighs
The Australian Dollar (AUD) rebounds against the US Dollar (USD) on Monday, with AUD/USD trimming earlier losses despite a broadly firmer Greenback, as traders reposition ahead of the Reserve Bank of Australia (RBA) interest rate decision due on Tuesday.
Fxstreet
3 hours ago
FOREX-Dollar firms on safe-haven flow, strong US data adds support
Dollar broadly strengthens; euro retreats from $1.20 levelU.S. manufacturing rebounded in JanuarySelloff in precious metals rattles broader markets Yen steady, LDP expected to win big at upcoming electionBy Laura Matthews and Samuel Indyk NEW YORK/LONDON, Feb 2 (Reuters) - The dollar strengthened...Reuters
4 hours ago
USD/CAD rises as strong US PMI and falling Oil prices weigh on the Loonie
The Canadian Dollar (CAD) extends its losses against the US Dollar (USD) on Monday, as renewed Greenback strength and falling Oil prices weigh on the commodity-linked Loonie. At the time of writing, USD/CAD is trading around 1.3676, up about 0.44% on the day.Fxstreet
5 hours ago
USD/CHF Price Forecast: Downside bias holds below 0.7850
The Swiss Franc (CHF) trades on the back foot against the US Dollar (USD) on Monday, as the nomination of former Federal Reserve (Fed) Governor Kevin Warsh as the next Fed Chair helps the Greenback recover from four-year lows.
Fxstreet
6 hours ago
EUR/GBP holds steady as traders stay sidelined ahead of BoE and ECB meetings
The Euro (EUR) remains range-bound against the British Pound (GBP) at the start of the week, as traders stay on the sidelines and avoid large directional bets ahead of this week’s interest-rate decisions from the Bank of England (BoE) and the European Central Bank (ECB).
Fxstreet
7 hours ago
ROI-Specter of Warsh Fed sparks precious metals 'debasement' crash: McGeever
By Jamie McGeever ORLANDO, Florida, Feb 2 (Reuters) - How much of the recent mania for gold and silver was fuelled by U.S. dollar "debasement" fears? Quite a lot, judging by the crash in precious metals on Friday following U.S. President Donald Trump's announcement of former inflation...Reuters
7 hours ago
FOREX-Dollar clings to gains as investors weigh a Warsh-led Fed, commodity-linked currencies soft
Dollar holds gains; euro back below $1.20 levelSelloff in precious metals rattles broader markets Yen steady, LDP expected to win big at upcoming electionBy Samuel Indyk and Rae Wee LONDON, Feb 2 (Reuters) - The dollar held on to gains on Monday as investors weighed what a Federal Reserve under K...Reuters
8 hours ago
USD/JPY: Bank of Japan cautious on hiking – BBH
According to Brown Brothers Harriman (BBH) analysts, USD/JPY has retraced about 50% of last week’s decline and is trading just under 155.00. The Bank of Japan's recent policy meeting reinforced a cautious hiking bias, with a base case for another rate hike expected at the April 28 meeting.Fxstreet
8 hours ago
Poland, Germany must take responsibility for Europe's economic revival, finance ministers say
By Christian Kraemer and Anna Wlodarczak-Semczuk WARSAW, Feb 2 (Reuters) - Germany and Poland must take joint responsibility for an economic revival in Europe, the finance ministers of both countries said in Warsaw on Monday. "We need to make Europe more competitive," Polish Finance Minis...Reuters
9 hours ago
