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CANADA FX DEBT-Canadian dollar edges lower on sharp drop in oil prices
Canadian dollar falls 0.1% against the greenbackTrades in a range of 1.3878 to 1.3919Price of oil decreases 4.9%10-year yield hits a near six-week lowBy Fergal Smith TORONTO, Jan 15 (Reuters) - The Canadian dollar weakened slightly against its U.S. counterpart on Thursday as oil prices tumbled an...Reuters
an hour ago
USD/CAD rises on robust US data, weaker Oil-driven Canadian Dollar
USD/CAD trades around 1.3900 on Thursday at the time of writing, up 0.10% on the day. The move is mainly driven by renewed strength in the US Dollar (USD), supported by solid US macroeconomic indicators, while the Canadian Dollar (CAD) is weighed down by the pullback in Oil prices.
Fxstreet
2 hours ago
IMF needs voting majority of members to recognize Venezuela government to restore ties
Venezuela would have access to $4.9 billion in SDRs if IMF ties are restoredIMF to wait until major shareholders recognize a new Venezuelan governmentIMF-Venezuela ties suspended since 2019, no economic assessment since 2004By David Lawder and Rodrigo Campos WASHINGTON, Jan 15 (Reuters) - The Int...Reuters
3 hours ago
FOREX-Dollar rises as US jobless claims unexpectedly fall
US jobless claims fall, boosting Fed rate hold expectationsFed futures delay rate cut expectations to June amid labor dataJapanese yen weakens on potential fiscal policies by PM TakaichiBy Karen Brettell NEW YORK, Jan 15 (Reuters) - The dollar rose on Thursday after data showed that the number of...Reuters
3 hours ago
GBP/USD slides toward 1.3370 as strong US data powers US Dollar rally
The British Pound loses ground against the Greenback on Thursday as solid economic data in the US, trump an upbeat Gross Domestic Product (GDP) report in the UK. At the time of writing, the GBP/USD trades at 1.3367, down 0.53%.
Fxstreet
3 hours ago
IMF needs voting majority of members to recognize Venezuela government to restore ties
WASHINGTON, Jan 15 (Reuters) - The International Monetary Fund said on Thursday that any re-engagement with Venezuela following the U.S. capture of Venezuelan President Nicolas Maduro would depend on member governments representing a majority of IMF voting power recognizing a successor regime.IMF sp...Reuters
4 hours ago
Erosion of Fed independence would be 'credit negative' for US rating, Fitch says
LONDON, Jan 15 (Reuters) - A major erosion of the Federal Reserve's independence would be negative for the U.S. credit rating, Fitch's top sovereign analyst said on Thursday, with any sign that the dollar's top global currency crown could slip the most critical issue. The independence of...Reuters
5 hours ago
GBP/JPY Price Forecast: RSI eases from overbought territory as upside momentum cools
The British Pound (GBP) weakens against the Japanese Yen (JPY) on Thursday as renewed intervention speculation lends support to the Yen after its recent slump. At the time of writing, GBP/JPY hovers near 212.35, extending losses for a second consecutive day while holding near multi-year highs.
Fxstreet
6 hours 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 was ...Reuters
7 hours ago
USD/CHF Price Forecast: Pushing against resistance in the 0.8020 area
The US Dollar remains bid against a somewhat softer Swiss Franc, weighed by a brighter market sentiment on Thursday. The Greenback keeps its bullish trend from late December lows in play, but has so far been unable to find acceptance above the 0.8020 area.
Fxstreet
7 hours ago
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
8 hours 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
8 hours 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
9 hours ago
