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USD/JPY: Upward momentum regains – Societe Generale
Societe Generale reports on the recent movements in USD/JPY, highlighting a V-shaped rebound and the importance of key support and resistance levels. The analysis indicates that the currency pair is regaining upward momentum and is challenging the 50-DMA.
Fxstreet
7 minutes ago
PIX-BofA lifts near‑term rupee forecast by 2% to 88.60–89 after U.S. trade deal
By Dharamraj Dhutia MUMBAI, Feb 4 (Reuters) - Bank of America expects the Indian rupee to strengthen further by the end of March, after a trade agreement with the U.S. led to its sharpest gain in over seven years on Tuesday, the bank's top treasury official in India told Reuters."We are e...Reuters
2 hours ago
Handbags and hashtags: Japan's Takaichi rides youth-led craze into election
Japan's first female leader called February 8 ballotPolls suggest she is on track for big election win Takaichi's social media following dwarfs her rivals'By Tim Kelly and Joseph Campbell TOKYO, Feb 4 (Reuters) - The handbag she carries is sold out, her pink pen has gone viral and eve...Reuters
2 hours ago
EUR/JPY Price Forecast: Positive outlook remains intact, first upside barrier emerges near 186.00
The EUR/JPY cross attracts some buyers near 184.95 during the early European session on Wednesday. The Japanese Yen (JPY) weakens against the Euro (EUR) amid fiscal concerns on the back of Japanese Prime Minister Sanae Takaichi's reflationary policies.
Fxstreet
2 hours ago
FOREX-Dollar steady, yen softer ahead of Japan election
Yen weakens ahead of unpredictable Japanese electionTakaichi's strong showing may hurt yen; hit government bondsDollar steadies after sharp jump on Warsh appointment to FedBy Ankur Banerjee SINGAPORE, Feb 4 (Reuters) - The U.S. dollar was steady on Wednesday as investors remained cautious aft...Reuters
3 hours ago
ANALYSIS-Ultra-low bond spread unity still out of reach for euro area
Ultra-low spreads seen as crucial for euro prominenceSouthern Europe debt risk premia lowest since 2008Further tightening hard without more European integrationECB monetary policy, risk assets outlook also key factorsBy Stefano Rebaudo Feb 4 (Reuters) - Euro zone sovereign bond yield spreads are ...Reuters
3 hours ago
EUR/USD gains ground above 1.1800 ahead of Eurozone HICP release
The EUR/USD pair trades on a firmer note near 1.1830 during the early European session on Wednesday. Nonetheless, the upside for the major pair might be limited as traders remain cautious after a partial government shutdown swiftly ended.Fxstreet
3 hours ago
GBP/USD Price Forecast: Steadies above 1.3700 near nine-day EMA support
GBP/USD steadies after registering modest gains in the previous session, trading around 1.3700 during the Asian hours on Wednesday. The technical analysis of the daily chart points to a potential bearish reversal as the range narrows, indicating waning buyer momentum within a rising wedge pattern.
Fxstreet
4 hours ago
