News
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AUD: RBA leads with rate hike – BBH
Brown Brothers Harriman (BBH) analysts report that the Reserve Bank of Australia (RBA) has raised the cash rate target by 25bps to 3.85%, marking the first increase since 2023. This decision was largely anticipated by the market, with inflation expected to remain above target for some time.
Fxstreet
16 minutes ago
Capri Holdings Q3 revenue beats estimates
OverviewGlobal fashion luxury group's Q3 revenue fell 4% but beat analyst expectationsAdjusted EPS for Q3 beat analyst expectationsCompany reduced net debt to $80 mln after Versace saleOutlookCapri Holdings expects fiscal year 2026 revenue of $3.45 bln to $3.475 blnCapri Holdings projects dilute...Reuters
31 minutes ago
Graphic Packaging Q4 revenue beats expectations
OverviewSustainable packaging firm's Q4 revenue rose, beating analyst expectationsAdjusted EPS for Q4 missed analyst expectationsCompany initiated a comprehensive review of operations and portfolioOutlookGraphic Packaging expects 2026 Net Sales of $8.4 bln to $8.6 blnCompany anticipates 2026 Adj...Reuters
45 minutes ago
EUR: Inflation expectations and ECB stance – TD Securities
TD Securities discusses the Eurozone's inflation expectations ahead of key economic data releases. The report anticipates a dip in headline inflation to 1.7% y/y, which is aligned with previous forecasts. The ECB views this as a temporary deviation, suggesting no immediate monetary policy shifts.
Fxstreet
an hour ago
Ball Q4 revenue, adjusted EPS beat expectations on volume growth
OverviewAluminum packaging firm's Q4 revenue rose, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany completed acquisition of majority stake in BenepackOutlookBall expects 2026 comparable diluted EPS growth of 10-plus percentCompany anticipates 2026 free cash flow ...Reuters
an hour ago
USD/CHF falls on US budget impasse, Swiss Franc safe-haven demand
USD/CHF trades lower around 0.7780 on Tuesday, down 0.15% on the day at the time of writing. The pair remains under pressure as political uncertainty in the United States (US) weighs on the US Dollar (USD), despite the release of encouraging economic indicators.
Fxstreet
an hour ago
Sterling steady as traders eye Bank of England decision
LONDON, Feb 3 (Reuters) - The pound was little changed on Tuesday as a light economic calendar made for steady trading ahead of the Bank of England's interest rate decision on Thursday.Sterling GBP=D3 was last trading flat against the dollar at $1.3672, having gained around 1.4% this year on the...Reuters
an hour 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 2.5%U.S. deal follows India-EU trade agreement last weekBy Jaspreet Kalra and Bharath Rajeswaran MUMBAI, Feb 3 (Reuters) - India's finan...Reuters
2 hours ago
AUD/USD stays firm around 0.7000 after RBA’s hawkish interest rate hike
The AUD/USD pair trades almost 1% higher, slightly above 0.7000, during the European trading session on Tuesday. The Aussie pair demonstrates significant strength as the Australian Dollar (AUD) outperforms its peers, following the Reserve Bank of Australia’s (RBA) monetary policy announcement.Fxstreet
2 hours ago
EMERGING MARKETS-EM currencies inch up, stocks rebound as commodities regain footing
South Africa stocks recover as gold prices rise Indian assets gain after trade deal with the U.S. Ukraine bonds gain after report of ceasefire enforcement planMSCI EM FX up 0.5%, stocks gain 2.5% By Purvi Agarwal Feb 3(Reuters) - Most emerging market currencies inched higher on Tuesday, after thr...Reuters
2 hours ago
FOREX-Dollar steady on Fed bets and data; Aussie jumps on RBA hike
Dollar clings on to recent gains, holds steady Aussie surges on RBA's inflation warningsYen traders focus on Japan electionBy Sophie Kiderlin and Rocky Swift LONDON, Feb 3 (Reuters) - The dollar held broadly steady on Tuesday as positive economic data and shifting expectations for Federal Re...Reuters
3 hours ago
EUR: Some technical support in sight – ING
The two-year swap rate gap widened in favor of the Dollar, impacting the short-term fair value estimate for EUR/USD. Technical supports are identified near the 50-day moving average. Political stability in France is noted, but its impact on FX remains marginal, notes Francesco Pesole from ING.Fxstreet
3 hours ago
