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EUR/JPY trades higher as Yen weakens, Eurozone data mixed ahead of ECB decision
EUR/JPY trades around 185.40 on Thursday at the time of writing, up 0.10% on the day. The cross is mainly supported by the underperformance of the Japanese Yen, amid rising political uncertainty in Japan, while the Euro shows a more mixed profile due to conflicting macroeconomic signals.
Fxstreet
5 minutes ago
Bank of England MPC votes 5-4 to keep rates on hold, signals reduction ahead
BoE keeps Bank Rate at 3.75%, as expectedMPC's 5-4 vote was closer than 7-2 seen in Reuters pollPolicymakers expected further reduction in ratesBoE cuts inflation forecasts, sees less growth in 2026 Some MPC members worry inflation might stay too highBy William Schomberg, David Milliken and Andy...Reuters
13 minutes ago
Sterling, short-term gilts yields fall after dovish BoE vote
LONDON, Feb 5 (Reuters) - Sterling and two-year gilt yields fell on Thursday after the Bank of England held rates steady in a surprisingly narrow vote and said it expected a future cut if inflation continued to slow. The pound extended losses against the dollar after the decision, and was last down...Reuters
18 minutes ago
USD/CAD remains bid near 1.3700, buoyed by the risk-off mood
The US Dollar (USD) appreciates for the second consecutive day against the Canadian Dollar (CAD). Bulls have failed to find acceptance above 1.3700 earlier on the day, but the pair remains bid, trading at 1.3685, with the safe-haven USD favoured by the dismal market mood.
Fxstreet
48 minutes ago
Linde sees another year of steady growth as Q4 results beat forecasts
By Bartosz DabrowskiFeb 5 (Reuters) - Linde LIN.O, the world's largest industrial gases company, on Thursday beat expectations for fourth-quarter results and said it expected earnings to keep growing in 2026, citing higher pricing and productivity initiatives across business areas.The U.S.-Germa...Reuters
an hour ago
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
2 hours 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
2 hours 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
2 hours 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
3 hours 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
3 hours 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
3 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
3 hours ago
