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NZD/USD advances amid USD weakness ahead of US employment report
NZD/USD trades around 0.6060 on Wednesday at the time of writing, up 0.25% on the day, and posts a nearly two-week high amid persistent US Dollar (USD) weakness. The bullish move comes as investors position cautiously ahead of the release of the US Nonfarm Payrolls (NFP) report.
NZD/USD
Fxstreet
15 minutes ago
Sterling strengthens on easing concerns over PM Starmer's position
LONDON, Feb 11 (Reuters) - Sterling strengthened against the dollar and the euro on Wednesday on investor relief that British Prime Minister Keir Starmer's position looked more secure than it did earlier in the week. The pound rose 0.5% against the dollar to $1.3708, and while much of that...
Reuters
33 minutes ago
USD/JPY: Yen rebound extends as policy risk repriced – MUFG
MUFG’s Lee Hardman notes that the Japanese Yen has extended its rebound after Japan’s lower house election, with USD/JPY dropping from 157.76 to 152.80 and moving closer to late-January lows.
USD/JPY
Fxstreet
52 minutes ago
Avantor Q4 revenue beats expectations on currency impact
OverviewLife science tools firm's Q4 revenue decreased 1% but beat analyst expectationsAdjusted EPS for Q4 met analyst expectationsCompany is implementing Revival program, including VWR brand relaunch and e-commerce upgradesOutlookCompany is focusing on top-line growth and strategic investments ...
Reuters
2 hours ago
USD/JPY picks up to the 153.25, but maintains a strong bearish bias
The US Dollar (USD) has bounced up from fresh11-day lows at 152.80 against the Japanese Yen (JPY) on Wednesday, and is trading at the 153.25 area at the time of writing.
USD/JPY
Fxstreet
2 hours ago
Germany 30-y Bond Auction fell from previous 3.49% to 3.47%
Germany 30-y Bond Auction fell from previous 3.49% to 3.47%
EUR/USD
Fxstreet
2 hours ago
EUR/JPY declines as Yen strengthens on Takaichi win, intervention speculation
EUR/JPY continues its correction for a third consecutive day and trades around 182.70 on Wednesday at the time of writing, down 0.50% on the day.
EUR/JPY
Fxstreet
2 hours ago
AUD/USD holds gains above 0.7100 with US jobs, Australian inflation eyed
The Aussie Dollar (AUD) has ticked down from fresh three-year highs at 0.7128 against the US Dollar, but remains steady above previous highs of 0.7095, as investors brace for the US Non-farm Payrolls release, due later on the day, and the Australian Consumer Inflation Expectations report, on Thursda
AUD/USD
Fxstreet
3 hours ago
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
4 hours ago
EUR/USD clings to gains with all eyes on US Nonfarm Payrolls data
The Euro (EUR) nudges up against the US Dollar (USD) on Wednesday but remains trapped in the previous days' range, trading near 1.1910 at the time of writing, more than 1% above last week's lows.
EUR/USD
Fxstreet
4 hours ago
EUR/GBP holds above 0.8700 as UK’s political crisis hurts the Pound
The Euro (EUR) edges down against the British Pound (GBP) on Wednesday but keeps most of the gains taken over the previous days, with the seven-week high at the 0.8745 area at a short distance.
EUR/GBP
Fxstreet
4 hours ago
EUR/USD: Hedging shift supports Euro holdings – BNY
BNY’s EMEA Macro Strategist Geoff Yu notes that the ECB’s February decision has capped further Euro strength, with the Governing Council likely comfortable with current guidance and a high bar for reacting to currency moves.
EUR/USD
Fxstreet
4 hours 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.
GBP/USD
Fxstreet
4 hours ago
Forex Today: US Dollar under pressure ahead of critical jobs data
Here is what you need to know on Wednesday, February 11:
Fxstreet
4 hours ago
EUR/USD: Stronger Euro seen as disinflationary but manageable – Nomura
Nomura analysts note EUR/USD’s move above 1.20 and subsequent pullback, highlighting ECB concerns about excessive Euro strength.
EUR/USD
Fxstreet
5 hours ago
USD/JPY: Fed cut repricing weighs on pair – MUFG
MUFG’s Michael Wan notes that softer US data have pushed US 10-year Treasury yields lower and led Fed fund futures to fully price a June rate cut.
USD/JPY
Fxstreet
5 hours ago
EUR/USD: Upside bias with 1.2080 in view – DBS
Philip Wee at DBS Group Research highlights an upside bias in EUR/USD, expecting the pair to oscillate around 1.19 rather than 1.18 in early February.
EUR/USD
Fxstreet
5 hours ago
Canadian Dollar rallies to nearly two-week top as USD weakens further ahead of US NFP
The USD/CAD pair remains under some selling pressure for the fourth straight day and drops to a nearly two-week trough on Wednesday.
USD/CAD
Fxstreet
6 hours ago
Silver Price Forecast: XAG/USD eyes $83.00 near upper descending wedge boundary
Silver price (XAG/USD) gains ground for the second consecutive day, trading around $82.60 per troy ounce during the early European hours on Monday.
Silver
Fxstreet
6 hours 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).
USD/JPY
Fxstreet
6 hours ago
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