News
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NZD/USD rebounds toward 0.6000 ahead of Michigan Consumer Sentiment Index
NZD/USD gains after two days of losses, trading around 0.5980 during the early European hours on Friday. Traders will watch the preliminary February US Michigan Consumer Sentiment Index, due for release later in the North American session.
Fxstreet
40 minutes ago
A year in which the major central banks part ways
ECB, BoE hold ratesRBA delivers first rate hike in two yearsMarkets anticipate more Fed easing By Stefano Rebaudo LONDON, Feb 5 (Reuters) - Central banks in big economies are parting ways, with Australia this week raising interest rates for the first time in two years, while others are taking a m...Reuters
41 minutes ago
USD/CAD holds below 1.3700 amid weak US labor data, higher crude oil prices
The USD/CAD pair trades with mild losses near 1.3685 during the early European session on Friday. The US Dollar (USD) softens against the Canadian Dollar (CAD) amid weaker-than-expected US economic data and a rise in crude oil prices.
Fxstreet
an hour ago
FOREX-Dollar hovers near two-week high, yen firms ahead of 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 as investors unwound...Reuters
an hour ago
EUR/USD: Downside risk persists – UOB
UOB's report, authored by Quek Ser Leang and Lee Sue Ann, suggests that the EUR/USD is facing downside risks, with potential support levels highlighted. The report indicates that a break below 1.1750 could occur, although a significant drop to 1.1725 is deemed unlikely at this time.
Fxstreet
2 hours ago
GBP/USD Price Forecast: Trades above 1.3500 after rebounding from 50-day EMA
GBP/USD rebounds after two days of gains, trading around 1.3560 during the Asian hours on Friday. The technical analysis of the daily chart points to a potential bearish reversal as the pair is positioned near the lower boundary of an ascending channel pattern.Fxstreet
2 hours ago
USD/CHF falls to near 0.7760 as US Dollar’s rally hits pause
The USD/CHF pair trades 0.22% lower to near 0.7765 during the late Asian trading session on Friday. The Swiss Franc pair is under pressure as the rally in the US Dollar (USD) has paused, following an increase in dovish Federal Reserve (Fed) expectations.
Fxstreet
2 hours ago
USD/INR remains broadly calm while RBI keeps Repo Rate steady at 5.25%
The Indian Rupee (INR) remains broadly unchanged against the US Dollar (USD) at around 90.35, despite the Reserve Bank of India’s (RBI) monetary policy announcement, in which it has left the Repo Rate unchanged at 5.25%, as expected.Fxstreet
3 hours ago
Toyota Assume Average Euro Rate Of 174 Yen In Fy2025/26 Versus Previous Assumption Of 169 Yen
Feb 6 (Reuters) - Toyota Motor Corp 7203.T:KEEPS FY2025/26 GLOBAL GROUP-WIDE RETAIL SALES FORECAST AT 11.3 MILLION VEHICLESSEE FY2025/26 NORTH AMERICA SALES OF 2.96 MILLION VEHICLES VERSUS PREVIOUS FORECAST OF 2.96 MILLIONSEE FY2025/26 JAPAN SALES OF 2.07 MILLION VEHICLES VERSUS PREVIOUS FORECAST OF...Reuters
3 hours ago
EUR/JPY Price Forecast: Falls toward 184.50 near nine-day EMA support
EUR/JPY extends its losses for the second successive session, trading around 184.70 during the Asian hours on Friday. The technical analysis of the daily chart suggests that the 14-day Relative Strength Index (RSI) at 55.67 (neutral) stays north of 50, confirming a mild upside skew.
Fxstreet
3 hours ago
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
4 hours 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 meetingFxstreet
4 hours 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
5 hours 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
5 hours 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
5 hours ago
