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USD/JPY finds support at 156.20 following a post-election selloff
The US Dollar (USD) has regained some of the ground lost against the Japanese Yen (JPY) following Prime Minister Takaichi’s landslide victory in Sunday’s elections and has returned to the 156.70 area at the time of writing, after bottoming at 156.20 earlier on the day.The pair, however, remains 0.3%
Fxstreet
19 minutes ago
Sterling slides on Starmer crisis and rate cut bets
By Harry Robertson LONDON, Feb 9 (Reuters) - The pound slumped against the euro and dipped versus the dollar on Monday as traders reacted to the crisis facing Prime Minister Sir Keir Starmer and as expectations of further interest rate cuts weighed on the currency.Morgan McSweeney, Starmer's ...Reuters
an hour ago
Landslide election win clears path for Japan's Takaichi to deliver tax cuts
Takaichi's ruling party delivers supermajority in Sunday voteTakaichi repeats pledge to suspend food taxSays govt will not issue fresh debt, discuss funding with othersFocus on debate over funding, risk of market revolt By Leika Kihara and John Geddie TOKYO, Feb 9 (Reuters) - Japanese Prime M...Reuters
an hour ago
FOREX-Yen strengthens as markets weigh intervention risks to Takaichi trade
Japanese currency reverses earlier weaknessYen snaps six-day losing streakAuthorities in Tokyo reiterate warnings on yen volatilityUS dollar faces busy week before data releasesBy Sophie Kiderlin and Gregor Stuart Hunter LONDON, Feb 9 (Reuters) - The yen strengthened on Monday after Japanese Pri...Reuters
2 hours ago
Eurozone Sentix Investor Confidence Index jumps to 4.2 in February
Investor morale in the Eurozone improved sharply in February, with the Sentix Investor Confidence Index rising to 4.2 from -1.8 in January. This marked the third consecutive monthly increase and the highest reading since July 2025.
Fxstreet
2 hours ago
GBP/USD hovers near 1.3600 as UK government crisis weighs on Pound Sterling
GBP/USD moves sideways after registering modest gains in the previous session, trading around 1.3610 during the European hours on Monday. The pair could come under pressure as the Pound Sterling (GBP) may weaken amid a fresh government crisis in the United Kingdom (UK).
Fxstreet
3 hours ago
Sterling slides on Starmer crisis and rate-cut bets
LONDON, Feb 9 (Reuters) - The pound dropped against the euro and slipped versus the dollar on Monday after the latest twist in the crisis engulfing Prime Minister Sir Keir Starmer and as expectations of further rate cuts weighed on the currency.Morgan McSweeney, Starmer's chief of staff, quit on...Reuters
3 hours ago
USD/JPY: Intervention risk rises near 160 – TD Securities
TD Securities Senior Macro Strategist Alex Loo argues that despite Japan’s political shift under PM Takaichi, the Japanese Yen is likely to underperform, with markets eyeing the 160 level in USD/JPY as a key trigger for Ministry of Finance action.Fxstreet
3 hours ago
USD/CHF moves below 0.7750 as traders expect SNB to keep rates unchanged
USD/CHF extends its losses for the second successive session, trading around 0.7730 during the European hours on Monday. Traders are looking for fresh signals on the Swiss National Bank’s (SNB) monetary policy outlook.
Fxstreet
3 hours ago
GBP/JPY retreats to 212.60 area as Takaichi’s win boosts the Yen
The Pound retraces previous gains as a landslide victory by Japan’s Prime Minister Sanae Takaichi onSunday’s elections has sent the Yen rallying against its main peers on Monday. The GBP/JPY has given away nearly 200 pips from session highs at 214.41 to 212.61 at the time of writing.
Fxstreet
3 hours ago
ANALYSIS-As Japan's Takaichi creates election history, only markets stand in her way
Stocks cheer LDP landslide, shoot to record highsYen steadies with fiscal outlook in focusRisk of bond, FX selloff seen curtailing a spendthrift agendaBy Rocky Swift and Tom Westbrook TOKYO, Feb 9 (Reuters) - The biggest landslide win in postwar history has given Japan's Prime Minister Sanae ...Reuters
4 hours ago
NZD/USD steadies above 0.6000 as US Dollar extends losses
NZD/USD extends its gains for the second successive session, trading around 0.6020 during the European hours on Monday. The pair appreciates as the US Dollar (USD) declines, as traders adopt caution ahead of looming key economic data delayed by the partial government shutdown.
Fxstreet
4 hours ago
USD/JPY: Election-driven shifts challenge bullish consensus – DBS
DBS Group Research’s Philip Wee analyses how Japan’s snap election and the so‑called Takaichi Trade could shift expectations for USD/JPY. He notes that the Liberal Democratic Party–Inshin landslide may support the Japanese Yen, while markets may be overstating Japanese Government Bond risks.Fxstreet
4 hours ago
