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Bank of Korea signals end to easing cycle after standing pat to safeguard FX stability
BOK Keeps base rate unchanged at 2.50% as expectedBOK omits earlier language on plans to implement further cuts Five of BOK's seven members see policy rates staying steady near-term By Cynthia Kim and Jihoon Lee SEOUL, Jan 15 (Reuters) - South Korea's central bank on Thursday signalled an...Reuters
25 minutes ago
GBP/USD Price Forecast: Eyes nine-day EMA barrier near 1.3450
GBP/USD remains steady for the second successive session, trading around 1.3430 during the Asian hours on Thursday. The momentum indicator 14-day Relative Strength Index (RSI) is at 51 (neutral) after retreating from overbought readings, indicating balanced momentum.
Fxstreet
2 hours ago
Japanese bonds rebound after sharp selloff, yen rally as election looms
By Rocky Swift TOKYO, Jan 15 (Reuters) - Japanese government bonds (JGBs) rallied on Thursday as the yen rebounded, recovering after a sharp selloff on expectations of a snap election.The benchmark 10-year JGB yield JP10YTN=JBTC fell 2.5 basis points (bps) to 2.155%, retreating from 2.185%, its h...Reuters
3 hours ago
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
3 hours 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
3 hours 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
3 hours 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
3 hours 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
5 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
6 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
9 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
11 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
13 hours ago
