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EUR/GBP advances ahead of highly anticipated BoE, ECB decisions
EUR/GBP trades around 0.8670 on Thursday at the time of writing, up 0.30% on the day, supported by some weakness in the Pound Sterling (GBP) ahead of the Bank of England’s (BoE) monetary policy decision, which is due later in the day, despite mixed economic indicators from the Eurozone.
Fxstreet
19 minutes ago
EMERGING MARKETS-EM currencies down as dollar firms, stocks pressured by tech rout
Tech selloff pressures Asian stocksUkraine, Russia start second day of talks Czech central bank expected to hold rates steadyMSCI FX off 0.3%, stocks shed 1.5%By Purvi Agarwal Feb 5 (Reuters) - Most emerging-market currencies treaded water against a rising dollar on Thursday, while an ongoing rou...Reuters
32 minutes ago
Linde beats Q4 earnings expectations on higher pricing
Feb 5 (Reuters) - Linde LIN.O, the world's largest industrial gases company, reported fourth-quarter results above market expectations on Thursday, citing higher pricing and continued productivity initiatives across its segments.The U.S.-German company, which supplies gases such as oxygen, nitro...Reuters
32 minutes ago
POLL-Canadian dollar seen correcting before uptrend resumes
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=CAD= poll dataBy Fergal Smith TORONTO, Feb 5 (Reuters) - The Canadian dollar is expected to give back some recent gains over the coming months, but the currency could then re-establish its uptrend if the Bank of Canada shifts to ...Reuters
38 minutes ago
USDJPY: Potential for significant movement – TD Securities
The upcoming Lower House election in Japan on February 8 is expected to have significant implications for the USD/JPY exchange rate. TD Securities analysts predict that if the ruling Liberal Democratic Party (LDP) secures an absolute majority, USDJPY could rise towards 160.Fxstreet
an hour ago
Eurozone Retail Sales falls 0.5% MoM in December vs. 0.1% growth
Eurozone Retail Sales, a key measure of consumer spending, declines 0.5% month-on-month (MoM) in December, faster than estimates of 0.2% fall. In November, the consumer spending measure rose by 0.1%, revised lower from 0.2%.Fxstreet
an hour ago
FOREX-Dollar gains as investors turn risk-averse, central bank decisions up next
ECB set to keep rates steady at 1315 GMTBank of England also expected to hold rates, decision due 1200 GMTDollar-yuan little changed after Trump-Xi phone callBy Gregor Stuart Hunter and Amanda Cooper SINGAPORE/LONDON, Feb 5 (Reuters) - The dollar climbed to a two-week high on Thursday as fresh vo...Reuters
2 hours ago
JPY: Weakness persists ahead of election – OCBC Bank
The report from OCBC Bank discusses the ongoing weakness of the JPY amid fiscal uncertainty ahead of Japan's election on February 8. The contrasting behavior of JGB yields suggests differing interpretations among investors regarding Japan's fiscal outlook.Fxstreet
2 hours ago
GBP/JPY returns above 214.00 with BoE’s decision looming
The Pound has retraced previous losses and is trading higher against an ailing Japanese Yen in Thursday’s early London session. Bulls have pushed the pair back above 214.00 at the time of writing, on track to a five-day rally and with the 16-year high, at 215.00 coming closer.
Fxstreet
2 hours ago
ANALYSIS-Decisive win for Japan PM Takaichi may be best scenario for bonds, yen
Takaichi's spending, tax cut pledges tame compared to oppositionPremier may temper stimulus plans under pressure from WashingtonTraders speculate Takaichi may shelve mooted food tax suspensionBy Kevin Buckland TOKYO, Feb 5 (Reuters) - A landslide win for Japan's ruling Liberal Democratic ...Reuters
3 hours ago
EUR: Lagarde will be asked about the euro – ING
ING analyst Chris Turner notes that the Euro has remained resilient despite recent market pressures, with a focus on the upcoming ECB press conference. President Lagarde's comments on the Euro's strength and potential downside risks to inflation will be critical for EUR/USD.Fxstreet
3 hours ago
