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NZD/USD rebounds amid USD pullback, RBNZ tightening expectations
NZD/USD recovers and trades around 0.6050 on Tuesday at the time of writing, up 0.75% on the day, after two consecutive days of decline. The rebound mainly reflects a pause in the appreciation of the US Dollar (USD), which is giving back part of its recent gains against major currencies.
Fxstreet
47 minutes ago
Billionaire investor Griffin says US dollar lost some of its luster in last year
WEST PALM BEACH, Feb 3 (Reuters) - Billionaire investor Ken Griffin said on Tuesday that he believed that the US dollar had lost some of its luster with investors in the last 12 months.The founder of investment firm Citadel, Griffin also told the WSJ Invest Live event in West Palm Beach, Florida, th...Reuters
an hour ago
Russia's GDP up 1% in 2025; price spike to be short-lived, Putin says
MOSCOW, Feb 3 (Reuters) - Russia's gross domestic product grew 1% in 2025, President Vladimir Putin said at a meeting with the government on Tuesday.Addressing a spike in prices seen in January following a value‑added tax increase, Putin said the impact would be short‑lived and that inflation wa...Reuters
an hour ago
FOREX-Dollar firms vs yen, but broad rally losing steam
Dollar fails to extend gains a third consecutive dayAussie surges on RBA's inflation warningsYen traders focus on Japan electionBy Laura Matthews and Sophie Kiderlin NEW YORK/LONDON, Feb 3 (Reuters) - The dollar strengthened against the yen on Tuesday but was backing away from a third consec...Reuters
an hour ago
GBP/USD holds in a tight range as thin data keeps trading subdued
The British Pound (GBP) trades in a tight range against the US Dollar (USD) on Tuesday, with GBP/USD struggling to find direction as a thin economic calendar in both the United States (US) and the United Kingdom (UK) keeps price action subdued.
Fxstreet
2 hours ago
Analysts tick up Mexico inflation forecasts
MEXICO CITY, Feb 3 (Reuters) - Private-sector analysts polled by Mexico's central bank expect slightly higher inflation at the end of this year and next compared to the previous month's poll, the bank said on Tuesday.They now expect headline inflation to wrap up this year at 3.95%, up from 3...Reuters
3 hours ago
Indian rupee and stocks soar in relief rally after US trade deal
U.S. to cut tariffs on Indian exports to 18% from 50%Trade deal expected to lift sentiment on Indian marketsIndian rupee up more than 1%, equities 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...Reuters
4 hours ago
EXCLUSIVE-JPMorgan closing in on new frontier market local currency debt index, sources say
New index expected to have over 20 countriesInvestors have been consulted over viewsAnnouncement expected by mid-yearFrontier market debt has delivered strong returns over recent yearsBy Marc Jones LONDON, Feb 3 (Reuters) - JPMorgan is finalising plans for a new index to track frontier market loc...Reuters
4 hours ago
Pepsico Affirms 2026 Financial Outlook
Feb 3 (Reuters) - PepsiCo Inc PEP.O:PEPSICO Q4 CORE EPS $2.26 VERSUS IBES ESTIMATE $2.24PEPSICO Q4 NET REVENUE $29.34 BILLION VERSUS IBES ESTIMATE $28.97 BILLIONPEPSICO Q4 ORGANIC REVENUE GROWTH 2.1%PEPSICO: AFFIRMS 2026 FINANCIAL OUTLOOKPEPSICO: 4% INCREASE IN ANNUALIZED DIVIDEND TO $5.92 PER SHARE...Reuters
5 hours ago
GBP/JPY climbs as Yen falters on fiscal concerns and BoE interest rate decision looms
The British Pound (GBP) strengthens against the Japanese Yen (JPY) on Tuesday, as the Yen remains under broad pressure amid market concerns over Prime Minister Sanae Takaichi’s expansionary fiscal stance. At the time of writing, GBP/JPY is trading near 213.26, rising for a third straight day.
Fxstreet
5 hours ago
FOREX-Dollar edges higher on Fed bets and data; Aussie jumps on RBA hike
Dollar extends gains into third consecutive dayAussie surges on RBA's inflation warningsYen traders focus on Japan electionBy Sophie Kiderlin and Rocky Swift LONDON, Feb 3 (Reuters) - The dollar inched higher on Tuesday, rising for a third consecutive day as positive economic data and shifti...Reuters
5 hours ago
France ready to raise FX volatility at G7, Lescure says
France to use its G7 role to press action on global imbalancesParis seeks joint G7 tools, including on rare earths supplyFrance aims to revive talks on taxing multinationalsBy Leigh Thomas PARIS, Feb 3 (Reuters) - France will put currency market volatility on the agenda of Group of Seven finance ...Reuters
5 hours ago
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
6 hours 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
6 hours 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
6 hours ago
