News
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FOREX-Dollar under pressure; yen and Aussie resurgent
Yen extends strong gains in wake of weekend election in JapanAustralian dollar tops $0.71 for first time in three yearsEyes on US non-farm payrolls dataNorwegian crown at strongest vs dollar since 2022By Rae Wee and Alun John SINGAPORE/LONDON, Feb 11 (Reuters) - The dollar struggled across the bo...Reuters
10 minutes ago
GBP/USD Price Forecast: Remains above nine-day EMA near 1.3650
GBP/USD recovers its recent losses from the previous session, trading around 1.3680 during the European hours on Wednesday. The technical analysis of the daily chart indicates a sustained bullish bias, as the pair trades within an ascending channel pattern.
Fxstreet
an hour ago
Japanese Yen rises above 153.00 on fiscal optimism, traders await US NFP release
The USD/JPY pair tumbles to near 153.15 during the early European trading hours on Wednesday. Traders pour into Japanese stocks in anticipation of stimulus flowing to consumers and Japanese companies, boosting demand for the Japanese Yen (JPY).Fxstreet
2 hours ago
FOREX-Yen jumps on bets for a 'fiscally responsible' Japan; Aussie gets hawkish lift
Yen extends strong gains in wake of weekend election in JapanInvestors bet PM could be more fiscally responsibleAustralian dollar tops $0.71 for first time in three yearsEyes on U.S. non-farm payrollsBy Rae Wee SINGAPORE, Feb 11 (Reuters) - The yen surged on Wednesday as investors bet that Prime ...Reuters
3 hours ago
AUD/JPY Price Forecast: Constructive outlook remains intact above 109.00
The AUD/JPY cross loses ground around 109.15 during the early European session on Wednesday. Foreign inflows into Japanese equities following Prime Minister Sanae Takaichi's landslide election victory increase demand for the Japanese Yen (JPY) against the Australian Dollar (AUD).
Fxstreet
4 hours ago
GBP/JPY dives to nearly two-month low, around mid-209.00s amid notable JPY strength
The GBP/JPY cross prolongs its weekly downtrend for the third consecutive day and drops to its lowest level since December 19 during the Asian session on Wednesday. Spot prices currently trade around mid-209.00s, down nearly 0.50% for the day, and seem vulnerable to slide further.
Fxstreet
5 hours ago
