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GBP/JPY drops to its lowest level in nearly eight weeks amid firm Yen demand
The British Pound (GBP) remains on the back foot against the Japanese Yen (JPY) on Wednesday, with GBP/JPY sliding to its lowest level since December 19 amid broad-based strength in the Yen. At the time of writing, the cross is trading near 209.25, extending losses for a third straight day.
Fxstreet
45 minutes ago
FOREX-Dollar rallies after blowout jobs data
US economy adds 130,000 jobsDollar rises against Swiss franc and euroDollar index edges higherJapanese yen retains strengthBy Chibuike Oguh NEW YORK, Feb 11 (Reuters) - The dollar rallied against major currencies including the euro and Swiss franc on Wednesday following surprisingly strong employ...Reuters
an hour ago
Brazil: Goods relief versus sticky services – Standard Chartered
Standard Chartered’s Dan Pan argues that while cheaper imported goods and a stronger Brazilian Real have sharply reduced goods inflation and allowed BCB to signal rate cuts from March, persistent services inflation near 5–6% is likely to keep core and headline inflation above target.Fxstreet
2 hours ago
USD/CAD climbs on USMCA concerns and firmer US labour data
USD/CAD edges higher on Wednesday after reports that the US is privately considering withdrawing from the US-Mexico-Canada Agreement (USMCA), weighing on the Canadian Dollar (CAD). At the time of writing, the pair trades around 1.3612, rebounding from intraday lows near 1.3500.
Fxstreet
2 hours ago
GBP/USD trims gains after blowout NFPs temper Fed cut bets
The Pound Sterling advances versus the Greenback during the North American session yet retreated from daily highs hit at 1.3712 following a stronger than expected jobs report in the US. At the time of writing, the GBP/USD trades at 1.3655, up 0.10%.
Fxstreet
2 hours ago
Trump welcomes "great" jobs numbers, says US should pay less to borrow
WASHINGTON, Feb 11 (Reuters) - U.S. President Donald Trump welcomed figures that showed better- than-expected job growth in January on Wednesday and pressed his view that the U.S. should pay much less in borrowing costs."The United States of America should be paying MUCH LESS on its Borrowings (...Reuters
2 hours ago
FOREX-Dollar strengthens against peers after blowout jobs data
US economy adds 130,000 jobsDollar rises against Swiss franc and euroDollar index edges higherBy Chibuike Oguh NEW YORK, Feb 11 (Reuters) - The dollar strengthened against major currencies including the euro and Swiss franc on Wednesday following surprisingly strong employment data that suggested...Reuters
3 hours ago
EUR/USD dips briefly after upbeat US jobs data trims Fed rate-cut bets
EUR/USD came under brief pressure on Wednesday as a surprisingly firm US jobs report boosted the US Dollar (USD) and weighed on the Euro (EUR). At the time of writing, the pair trades around 1.1875, after sliding about 68 pips to an intraday low near 1.1833 in the immediate reaction to the data.
Fxstreet
3 hours ago
Silver rebounds as dip-buyers step in ahead of delayed US jobs data
Silver (XAG/USD) climbs on Wednesday, reversing the previous day’s losses as a softer US Dollar (USD) offers support ahead of the delayed US Nonfarm Payrolls (NFP) report due at 13:30 GMT. At the time of writing, XAG/USD is trading near $85.60, up almost 5.70% on the day.
Fxstreet
4 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
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.
Fxstreet
5 hours 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
5 hours ago
