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USD/CAD steadies near 1.3900 as strong US data supports Fed pause
USD/CAD remains in the positive territory for the third successive session, trading around 1.3890 during the Asian hours on Thursday. The pair holds ground as the US Dollar (USD) receives support from stronger-than-expected US economic data.
Fxstreet
11 minutes ago
Bank of Korea holds rates, signals end to easing cycle to safeguard FX stability
BOK Keeps base rate unchanged at 2.50% as expectedBOK omits earlier language on plans to implement further cuts BOK Governor Rhee to hold news conference at 0210 GMTBy Cynthia Kim and Jihoon Lee SEOUL, Jan 15 (Reuters) - South Korea's central bank on Thursday kept its benchmark interest rate ...Reuters
23 minutes ago
AUD/USD slips below 0.6700 as Australia’s inflation expectations ease
AUD/USD edges lower after registering slight gains in the previous session, trading around 0.6680 during the Asian hours on Thursday. The pair loses ground after Australia’s Consumer Inflation Expectations were released.
Fxstreet
43 minutes ago
Australia, NZ dollars struggle as risk assets retreat
SYDNEY, Jan 15 (Reuters) - The Australian and New Zealand dollars struggled on Thursday as a sell-off in global equities and a bounce in the Japanese yen amid heightened geopolitical risks left both currencies pinned near key support levels.The Aussie was flat at $0.6682 AUD=D3, after moving little ...Reuters
43 minutes ago
FOREX-Yen steadies as traders gird for election, intervention fears lurk
Yen retreats after verbal jawboning but near 18-month lowsEarly election triggers worries about Takaichi spending plansDollar steadies as Fed policymakers mostly back PowellBy Ankur Banerjee SINGAPORE, Jan 15 (Reuters) - The yen held onto overnight gains on Thursday but was pinned near 18-month l...Reuters
49 minutes ago
Bessent urges 'sound' BOJ policy to address excess FX volatility
WASHINGTON, Jan 14 (Reuters) - U.S. Treasury Secretary Scott Bessent met Japanese Finance Minister Satsuki Katayama on Monday and "emphasized the need for sound formulation and communication of monetary policy," the U.S. Treasury Department said in a statement on Wednesday."Noting the in...Reuters
2 hours ago
US urged sound formulation and communication of monetary policy in Monday meeting with Japan, Treasury Dept says
WASHINGTON, Jan 14 (Reuters) - U.S. Treasury Secretary Scott Bessent met Japanese Finance Minister Satsuki Katayama on Monday and "emphasized the need for sound formulation and communication of monetary policy," the U.S. Treasury Department said in a statement on Wednesday."Noting the in...Reuters
4 hours ago
FOREX-Japanese yen rebounds from 18-month low against dollar
Yen rebounds amid speculation of snap election in JapanJapan officials see possible intervention to shore up yenExpectations Fed will keep rates on hold benefits dollarBy Karen Brettell NEW YORK, Jan 14 (Reuters) - The Japanese yen rebounded from an 18-month low against the dollar on Wednesday as...Reuters
6 hours ago
CANADA FX DEBT-Canadian dollar edges higher as oil rises for fifth straight day
Canadian dollar gains 0.1% against the greenbackTrades in a range of 1.3867 to 1.3898Price of oil increases 1.3%Bond yields ease across a flatter curveBy Fergal Smith TORONTO, Jan 14 (Reuters) - The Canadian dollar strengthened slightly against its U.S. counterpart on Wednesday as oil prices rose...Reuters
9 hours ago
GBP/USD rallies as Fed independence threats hammer Dollar
The British Pound extended its gains on Wednesday as the Greenback is punished by investors due to threats to the Federal Reserve’s independence and a verbal intervention by Japanese officials, boosted the Yen. The GBP/USD trades at 1.3461 up by 0.30%.
Fxstreet
11 hours ago
Bessent says Korean won's depreciation not in line with fundamentals
Korean won gains 1.15% after Bessent's commentsBessent and Koo discuss economic ties, critical mineralsKoo vows to address currency market volatility, dollar imbalance WASHINGTON, Jan 14 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday he had discussed the recent depreciati...Reuters
11 hours ago
FOREX-Japanese yen rebounds from 18-month low against dollar
Yen rebounds amid speculation of early snap election in JapanJapanese officials warn of intervention against excessive FX movesDollar struggles to break higher amid Fed policy evaluation and geopolitical risksBy Karen Brettell NEW YORK, Jan 14 (Reuters) - The Japanese yen rebounded from an 18-mon...Reuters
12 hours ago
EUR/USD stabilizes after pullback from December highs – Scotiabank
The Euro (EUR) is trading marginally higher against the US Dollar (USD), consolidating after its retreat from late-December highs as European Central Bank (ECB) commentary strikes a more balanced tone, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
12 hours ago
