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FOREX-Dollar set for strongest week since November, yen firms before polls
Risk-off sentiment, Warsh's Fed Chair nomination lifts dollarPound nurses steep losses on rate-cut wagers Yen steadies near 157/dollar ahead of an unpredictable election By Ankur Banerjee SINGAPORE, Feb 6 (Reuters) - The U.S. dollar lingered near a two-week high on Friday, poised for its stro...Reuters
14 minutes ago
EUR/USD strives to gain ground near 1.1770 on improving Fed dovish prospects
The EUR/USD pair attempts to regain ground near 1.1770 during the Asian trading session on Friday. The major currency pair attracts slight bids as the US Dollar ticks down amid an improvement in speculation that the Federal Reserve (Fed) could cut interest rates in the March policy meeting
Fxstreet
an hour ago
Silver Price Forecast: XAG/USD tumbles below $72.00 as safe-haven appeal fades
Silver price (XAG/USD) slumps to around $71.90, the lowest since January 2, during the Asian trading hours on Friday. The white metal extends the decline amid easing geopolitical tensions and profit-taking. Traders will closely monitor the upcoming US-Iran talks later on Friday.
Fxstreet
an hour ago
Japanese Yen recovers slightly from two-week low vs. USD; lacks bullish conviction
The Japanese Yen (JPY) attracts some buyers during the Asian session on Friday and, for now, seems to have snapped a five-day losing streak against its American counterpart, reaching a two-week low the previous day.
Fxstreet
an hour ago
Singapore budget may be less generous amid resilient growth
Economists forecast fiscal surplus amid strong growthBudget to focus on long-term measures, reduce household supportFiscal prudence aims to balance budget over parliamentary termBy Jun Yuan Yong SINGAPORE, Feb 6 (Reuters) - Singapore is expected to unveil a fiscally conservative budget next wee...Reuters
2 hours ago
Australia, NZ dollars lean on yield support amid market tremors
By Wayne Cole SYDNEY, Feb 6 (Reuters) - The Australian and New Zealand dollars clung to support on Friday as a selloff across global stock and metals markets undermined risk sentiment, with a positive yield premium providing a much needed prop.The Aussie was a shade firmer at $0.6934 AUD=D3, havi...Reuters
2 hours ago
EUR/USD slides after ECB hold as risk-off flows lift US Dollar
The Euro extends its losses on Thursday as the European Central Bank held rates unchanged in an uneventful monetary policy decision. Jobs data in the United States was softer than expected fueling speculation for rate cuts by the Federal Reserve. The EUR/USD trades at 1.1777, down 0.25%.Fxstreet
3 hours ago
Australian Dollar remains subdued following RBA Bullock’s comments
The Australian Dollar (AUD) extends its losses for the third successive session against the US Dollar (USD) on Friday following the Reserve Bank of Australia (RBA) Governor Michele Bullock’s comments, saying that the board lifted the Official Cash Rate (OCR) because the economy is more capacity cons
Fxstreet
3 hours ago
FOREX-Dollar set for strongest week since November, yen steadies before polls
By Ankur Banerjee SINGAPORE, Feb 6 (Reuters) - The U.S. dollar steadied near a two-week high on Friday, poised for its strongest weekly performance since November as a rout in stocks driven by AI-spending concerns rattled investors, while the yen firmed ahead of a national election on Sunday.The ...Reuters
3 hours ago
NZD/USD softens below 0.6000 amid renewed US Dollar demand
The NZD/USD pair attracts some sellers to around 0.5940 during the early Asian session on Friday, pressured by a stronger US Dollar (USD). The rising Unemployment Rate in New Zealand weighs on the Kiwi, dragging the pair to the lowest level in almost two weeks.
Fxstreet
3 hours ago
USD/JPY strengthens to two-week high near 157.00 ahead of Japan snap election
The USD/JPY pair gains momentum to a two-week high near 157.00 during the early Asian session on Friday. The Japanese Yen (JPY) remains under selling pressure against the US Dollar (USD) ahead of Japan's snap general election on Sunday.Fxstreet
5 hours ago
Japan election: What to look for in Sunday vote
Takaichi coalition on track for big win, opinion polls suggestPromise to suspend sales tax on food has spooked marketsTakaichi's youth support contrasts with traditional LDP baseElection outcome could affect Japan-China relationsBy John Geddie TOKYO, Feb 6 (Reuters) - Japan's first fema...Reuters
7 hours ago
RPT-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
7 hours ago
FOREX-US dollar hits two-week high, pound slumps after BoE holds rates
Bank of England leaves rates unchanged, pound dropsDollar strengthens amid risk aversion and central bank decisionsBitcoin tumbles, hits lowest since October 2024By Laura Matthews NEW YORK, Feb 5 (Reuters) - The U.S. dollar hit a two-week high on Thursday as fresh volatility gripped stocks and th...Reuters
7 hours ago
Gold.Com Announces $150 Million Strategic Investment From Tether
Feb 5 (Reuters) - Gold.com Inc GOLD.Z:GOLD.COM ANNOUNCES $150 MILLION STRATEGIC INVESTMENT FROM TETHERGOLD.COM INC - TETHER ACQUIRING 3.371 MILLION SHARES AT $44.50 EACHGOLD.COM INC: WILL INVEST $20 MILLION IN TETHER'S XAU₮ STABLECOINGOLD.COM INC - TETHER ENTITLED TO NOMINATE A BOARD MEMBER AT G...Reuters
7 hours ago
Arrow Electronics Q4 sales beat estimates, helped by global components segment
OverviewTechnology solutions provider's Q4 sales rose 20%, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany repurchased $50 mln of shares in Q4OutlookArrow Electronics expects Q1 2026 sales between $7.95 bln and $8.55 blnCompany anticipates Q1 2026 EPS of $2.13 to...Reuters
7 hours ago
Bank of Mexico pauses rate cutting cycle, pushes back inflation forecast
Rate hold is first pause since mid-2024Central bank now sees inflation hitting target in Q2 2027Analysts expect Banxico to hold rate for much of 2026By Brendan O'Boyle MEXICO CITY, Feb 5 (Reuters) - The Bank of Mexico's governing board unanimously held its benchmark interest rate at 7.00%...Reuters
8 hours ago
