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NZD/USD trades flat as strong US data, trade tensions balance sentiment
NZD/USD hovers around 0.5740 on Thursday at the time of writing, virtually unchanged on the day, as investors digest another round of strong US economic data and remain cautious ahead of the weekly US Initial Jobless Claims figures due later in the day.
Fxstreet
6 minutes ago
FOREX-Fears of BoJ intervention keeps dollar/yen below 160
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 the spotlightGerman data offers mild support to euro, Greenland in focusBy Stefano Rebaudo Jan 15 (Reuters) - The yen edge...Reuters
56 minutes ago
China central bank to cut sector-specific rates to boost economy
PBOC cuts rates on structural policy tools by 25 bpsMove seen as signaling possible benchmark rate reductionsPBOC has some room for rate, reserve ratio cuts, deputy gov says BEIJING, Jan 15 (Reuters) - China's central bank announced on Thursday cuts to sector-specific interest rates to prov...Reuters
an hour ago
RPT-ROI-Is that it? The great dollar reversal fizzles: Mike Dolan
By Mike Dolan LONDON, Jan 15 (Reuters) - Rolling back the dollar's near 50% rise over the past 15 years was a pillar of Donald Trump's economic agenda. Now that early success has fizzled, markets suspect last year's 7% drop may be it.As the U.S. president heads to the World Econom...Reuters
an hour ago
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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
3 hours ago
