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EMERGING MARKETS-Romanian leu hits two-week low as markets await rate decision; EM assets flat
EM stocks and currencies flat S. Africa unemployment rate falls to 31.4% in Q4Romania's monetary policy decision due later By Pranav Kashyap Feb 17 (Reuters) - Most emerging market stocks and currencies were little changed on Tuesday in a holiday-thinned week, with attention turning to Roman...Reuters
17 minutes ago
NZD/USD Price Forecast: Aims to revisit 0.6100 in countdown to RBNZ policy
The NZD/USD pair trades marginally higher to near 0.6040 during the European trading session on Tuesday. The Kiwi pair edges up as the New Zealand Dollar (NZD) ticks higher ahead of the announcement of the Reserve Bank of New Zealand’s (RBNZ) interest rate policy on Wednesday.
Fxstreet
32 minutes ago
EUR: Stronger reserve role supports upside – Commerzbank
Commerzbank’s Thu Lan Nguyen discusses political concerns about Euro strength if it increasingly replaces Dollar as global reserve currency. She notes the Eurozone’s current account surplus could drive sustained appreciation, but past periods combined a strong Euro with respectable growth.Fxstreet
48 minutes ago
USD/CAD: Range trade with softer Canada CPI – BBH
Brown Brothers Harriman’s (BBH) Global Head of Markets Strategy Elias Haddad expects Canadian inflation to ease in January, supporting a steady Bank of Canada policy rate at 2.25% for some time. The bank’s projections point to inflation near target in Q1.
Fxstreet
an hour ago
FOREX-Yen reverses Monday's losses, euro/dollar edges down before Fed minutes, US GDP
Barclays sees dollar/yen fair value at 140, near-term target at 150Dollar on hold against euro before US data, Fed minutesPound drops after data shows unemployment rate rising to five-year highBy Stefano Rebaudo and Rocky Swift Feb 17 (Reuters) - The yen climbed on Tuesday, reversing Monday’s los...Reuters
an hour ago
EUR/USD Forecast: Euro weakens as risk mood sours
EUR/USD struggles to find a foothold and trades at a fresh weekly low below 1.1850 after closing in negative territory on Monday. In the absence of high-impact data releases, the risk-averse market atmosphere could make it difficult for the pair to stage a rebound.Fxstreet
2 hours ago
Sterling slides as UK wage growth cools and jobless rate rises
By Harry Robertson LONDON, Feb 17 (Reuters) - The pound dropped on Tuesday after data showed Britain's unemployment rate rose to a five-year high in December while wage growth cooled, potentially adding to the case for further Bank of England rate cuts.Sterling GBP=D3 was last down 0.55% agai...Reuters
2 hours ago
GBP/JPY plummets to near 207.50 as UK labor market deteriorates
The GBP/JPY pair is down almost 0.85% to near 207.50 during the European trading session on Tuesday. The cross faces intense selling pressure as the Pound Sterling plunges after the release of the United Kingdom (UK) labor market data for the three months ending in December.
Fxstreet
3 hours ago
EUR/GBP rallies to 0.8725 as weak UK jobs data lifts BoE rate cut bets and undermines GBP
The EUR/GBP cross gains some positive traction for the second straight day and rallies to a fresh daily high, around the 0.8725 region, during the early European session in reaction to disappointing UK jobs data.
Fxstreet
3 hours ago
USD/CHF faces slight pressure near 0.7700 ahead of opening of US markets
The USD/CHF pair trades marginally lower to near 0.7690 during the European trading session on Tuesday. The Swiss Franc pair faces slight selling pressure, while the US Dollar (USD) trades broadly calm ahead of the opening of United States (US) markets after an extended weekend.
Fxstreet
3 hours ago
Canadian Dollar falls as Oil prices weaken on oversupply concerns
USD/CAD continues its winning streak for the fifth consecutive day, trading around 1.3650 during the European hours on Tuesday. The pair appreciates as the commodity-linked Canadian Dollar (CAD) faces challenges, as Crude Oil prices may remain under pressure due to oversupply concerns.Fxstreet
3 hours ago
Sterling slips as UK wage growth cools and jobless rate rises
LONDON, Feb 17 (Reuters) - The pound fell on Tuesday after data showed Britain's unemployment rate rose in December while wage growth slowed more than expected, potentially adding to the case for further Bank of England rate cuts.Sterling GBP=D3 was last down 0.29% against the dollar at $1.359, ...Reuters
3 hours ago
