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USD/JPY: Likely to consolidate between 157.90 and 159.00 – UOB Group
US Dollar (USD) is likely to consolidate between 157.90 and 159.00. In the longer run, strong USD rally has scope to extend, potentially breaking above 160.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
26 minutes ago
Sterling edges down versus dollar after UK data
By Stefano Rebaudo Jan 15 (Reuters) - Sterling slightly pared its fall against the dollar on Thursday after UK economic data showed the economy grew more strongly than expected in November, but failed to affect the policy rate outlook.Traders priced in around 40 basis points (bps) of Bank of Engl...Reuters
41 minutes ago
NZD/USD: Likely to trade in a range between 0.5725 and 0.5755 – UOB Group
Quiet price action provides no fresh clues; New Zealand Dollar (NZD) is likely to trade in a range between 0.5725 and 0.5755. In the longer run, for the time being, NZD is likely to trade in a range between 0.5720 and 0.5805, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
47 minutes ago
JPY intervention risk grows as USD/JPY nears 160 – OCBC
Speculation is intensifying that Japanese authorities may intervene as USD/JPY approaches the critical 160 level, with investors increasingly testing whether warnings will be backed by action, OCBC's FX analysts Sim Moh Siong and Christopher Wong note.Fxstreet
53 minutes ago
EMERGING MARKETS-EM assets steady after strong gains as geopolitical worries subside
Stocks down 0.1%, FX up 0.3%Mozambique's sole international bond falls after new IMF dealPoland inflation steady in DecemberBy Twesha Dikshit and Ragini Mathur Jan 15(Reuters) - Emerging market assets were steady on Thursday, with investors taking a breather after a strong start to the year, ...Reuters
an hour ago
EUR/GBP retreats towards the 0.8650 area following upbeat UK data
The Euro has given up daily gains against a buoyant British Pound, following stronger-than-expected UK Gross Domestic Product figures. The pair has pulled back from session highs near 0.8670 to approach the 0.8650 area, turning negative on the daily chart.
Fxstreet
2 hours ago
GBP/USD: Likely to trade sideways between 1.3410 and 1.3460 – UOB Group
Momentum indicators are turning flat; Pound Sterling (GBP) could trade sideways between 1.3410 and 1.3460. In the longer run, GBP is likely in a range-trading phase between 1.3390 and 1.3520, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
2 hours ago
FOREX-Yen slips ahead of Japan election, intervention fears linger
Traders on watch for BoJ intervention to support yen near 160Concerns over possible increased fiscal spending weigh on Japanese currencyRisks to Fed independence remain under spotlightBy Stefano Rebaudo and Ankur Banerjee Jan 15 (Reuters) - The yen edged lower on Thursday as traders fretted over ...Reuters
2 hours ago
Silver Price Forecast: XAG/USD slips below $89.50 as safe-haven demand fades
Silver price (XAG/USD) retreated after reaching a fresh record high of $93.90 during Asian hours earlier, currently trading around $89.40 per troy ounce, down by more than 4% during the European hours on Thursday. The grey metal retreated amid easing geopolitical concerns.
Fxstreet
2 hours ago
ECB's de Guindos: Fed cooperation is 'business as usual'
Jan 15 (Reuters) - The European Central Bank's cooperation with the U.S. Federal Reserve will continue, ECB Vice-President Luis de Guindos told Politico in an interview published on Thursday, reaffirming support for the principle of central bank independence.De Guindos was asked whether, in the ...Reuters
2 hours ago
GBP/JPY recovers early losses as UK GDP returns to growth
The GBP/JPY pair claws back its early losses and turns slightly positive to near 213.20 during the European trading session on Thursday. The pair attracts bids as the Pound Sterling (GBP) gains, following the release of the United Kingdom (UK) monthly Gross Domestic Product (GDP) data for November.
Fxstreet
2 hours ago
