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USD/CAD Price Forecast: Hovers around nine-day EMA above 1.3650
USD/CAD depreciates after two days of gains, trading around 1.3660 during the early European hours on Tuesday. The technical analysis of the daily chart shows the pair remains close to the upper boundary of the descending channel, suggesting a potential for bullish reversal.
Fxstreet
59 minutes ago
FOREX-Dollar holds gains on economic data, Fed bets; Aussie jumps on RBA hike
US-India trade deal, Iran talks ease geopolitical tensionsYen pressured ahead of Japan electionAussie surges on RBA's inflation warningsBy Rocky Swift TOKYO, Feb 3 (Reuters) - The dollar held its gains on Tuesday as positive economic readings and shifting expectations for Federal Reserve poli...Reuters
2 hours ago
EURUSD: Stabilization efforts amid upcoming ECB meeting – Scotiabank
The EUR is attempting to stabilize after last week's rally and pullback, with key fundamentals expected to emerge this week. The ECB's policy decision is anticipated to maintain a neutral outlook, while yields spreads are recovering, note Shaun Osborne and Eric Theoret from Scotiabank.Fxstreet
2 hours ago
EUR/GBP trades with caution near five-month low of 0.8620, ECB-BoE policy in focus
The EUR/GBP pair trades vulnerably near the five-month low of 0.8620 during the early European trading session on Tuesday. The cross has come under pressure ahead of monetary policy announcements by both the European Central Bank (ECB) and the Bank of England (BoE) on Thursday.
Fxstreet
2 hours ago
INDIA RUPEE-US-India trade breakthrough flips the script on rupee fortune indicators
By Jaspreet Kalra and Nimesh VoraMUMBAI, Feb 3 (Reuters) - The Indian rupee soared on Tuesday after New Delhi and Washington announced a trade deal that slashed U.S. tariffs on Indian goods, a development that turned around indicators that previously pointed to sustained weakness in the currency.Be...Reuters
2 hours ago
Indian rupee, stocks soar in relief rally after trade deal with US
U.S. to slash tariffs on Indian exports to 18% from 50%Trade deal expected to lift sentiment on Indian marketsIndian rupee up over 1%, stock benchmark rises 3%U.S. deal follows India-EU trade agreement last weekBy Jaspreet Kalra and Bharath Rajeswaran MUMBAI, Feb 3 (Reuters) - India's financi...Reuters
2 hours ago
Australia reverses course with rate hike, markets bet on more
Rates raised by 25 bps, first hike in two yearsRBA warns that inflation likely to stay above target for some timeMarkets ramp up bets for follow-up hike in MayAustralian dollar rallies, bond yields jumpBy Stella Qiu and Wayne Cole SYDNEY, Feb 3 (Reuters) - Australia's central bank was forced ...Reuters
3 hours ago
GBP/JPY flat lines below 213.00 as intervention fears benefit JPY; bears seem hesitant
The GBP/JPY cross is seen oscillating in a narrow band near a one-and-a-half-week top, touched during the Asian session this Tuesday, and currently trading around the 212.70-212.75 region, nearly unchanged for the day.
Fxstreet
3 hours ago
GBP/USD holds gains above 1.3650 as BoE rate decision looms
The GBP/USD pair gains momentum to around 1.3685 during the early European session on Tuesday. The Pound Sterling (GBP) gathers strength against the Greenback on the cautiously hawkish stance of the Bank of England (BoE). All eyes will be on the BoE interest rate decision later on Thursday.
Fxstreet
3 hours ago
USD/INR plummets as US-India confirms long-awaited trade deal
The Indian Rupee (INR) opens on a strong note against the US Dollar (USD) on Tuesday, following the confirmation of a long-awaited trade deal between the United States (US) and India the previous day. The USD/INR pair opens with a gap down to near 90.35, the lowest level seen in almost three weeks.Fxstreet
3 hours ago
USD/CNH declines towards 33-month low to near 6.9310 as Yuan gains on seasonal demand
The USD/CNH pair trades lower to 6.9350 during the late Asian trading session on Tuesday. The pair declines towards its 33-month low of 6.9310 as the Chinese Yuan (CNH) continues to outperform the US Dollar (USD) due to strong seasonal demand.Fxstreet
3 hours ago
EUR/USD Price Forecast: Rises above 1.1800 toward nine-day EMA barrier
EUR/USD rebounds after two days of losses, trading around 1.1810 during the Asian hours on Tuesday. The technical analysis of the daily chart shows that the pair remains slightly below the ascending channel pattern, suggesting a potential bearish reversal.Fxstreet
3 hours ago
