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INDIA RUPEE-Rupee set to rally on prospects India-US trade deal to attract flows
By Nimesh Vora MUMBAI, Feb 3 (Reuters) - The Indian rupee is set to rally sharply at open on Tuesday, supported by expectations that the U.S.–India trade deal will draw foreign investors back to Indian assets and alleviate hedging activity-related pressure. The 1-month non-deliverable forwar...Reuters
43 minutes ago
Japan finance minister defends PM's comments on benefits of weak yen
TOKYO, Feb 3 (Reuters) - Japanese Finance Minister Satsuki Katayama on Tuesday defended Prime Minister Sanae Takaichi's comments highlighting the benefits of a weaker yen, stating that the premier had referenced "what is written in textbooks.""The prime minister was speaking in gener...Reuters
45 minutes ago
Dollar holds gains on economic data, Fed bets; Aussie advances before RBA
Dollar up on positive U.S. economic data; markets eye shifting Fed expectations Australian dollar rises ahead of expected central bank rate hikeU.S.-India trade deal and resumed Iran nuclear talks ease geopolitical tensionsBy Rocky Swift TOKYO, Feb 3 (Reuters) - The dollar held gains on Tuesda...Reuters
51 minutes ago
USD/CAD weakens to near 1.3650 amid partial US shutdown, trade policy concerns
The USD/CAD pair trades in negative territory near 1.3660 during the early Asian session on Tuesday. Another US government shutdown undermine the US Dollar (USD) against the Canadian Dollar (CAD). Nonetheless, the downside for the pair might be limited amid upbeat US economic data.
Fxstreet
an hour ago
EUR/USD slips under 1.1800 on strong PMI data, Fed bets boost Dollar
EUR/USD drops for the second straight day down 0.49%, following last Friday’s metals rout which underpinned the Greenback to the detriment of the shared currency. Also the nomination of Kevin Warsh to lead the Federal Reserve and upbeat US economic data drove the pair lower.
Fxstreet
5 hours ago
FOREX-Dollar advances on safe-haven flows, strong US data
Dollar advances broadly; euro retreats from $1.20 levelUS manufacturing rebounded in JanuaryPartial shutdown to delay non-farm payrolls dataSelloff in precious metals rattles broader markets Yen steady, LDP expected to win big at upcoming electionBy Laura Matthews NEW YORK, Feb 2 (Reuters) - The ...Reuters
6 hours ago
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
7 hours 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
8 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
8 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
8 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
9 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
9 hours ago
