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Pound Sterling turns volatile against US Dollar as UK inflation cools down expectedly
The Pound Sterling (GBP) trades highly volatile around 1.3560 against the US Dollar (USD) during the European trading session on Wednesday, following the release of the United Kingdom (UK) Consumer Price Index (CPI) data for January.
Fxstreet
5 minutes ago
NZD/USD Price Forecast: Seems vulnerable near 0.6000 on dovish RBNZ; FOMC Minutes awaited
The NZD/USD pair adds to the dovish Reserve Bank of New Zealand (RBNZ)-inspired losses and drops to a nearly two-week low, below the 0.6000 psychological mark during the early European session on Tuesday.
Fxstreet
7 minutes ago
Beauty group Puig 2025 profit rises 12% on makeup, skincare demand
By Mireia Merino and Marta SerafinkoGDANSK, Feb 18 (Reuters) - Spanish beauty company Puig PUIGb.MC said on Wednesday its net profit rose 12% to 594 million euros ($703 million) last year, as robust demand across makeup and skincare segments offset currency headwinds.Puig said that the profit increa...Reuters
28 minutes ago
USD/CAD Price Forecast: Strives to extend recovery above 20-day EMA
The USD/CAD pair trades marginally higher to near 1.3653 during the early European trading session on Wednesday. The Loonie pair edges up as the US Dollar (USD) ticks higher ahead of the release of the Federal Open Market Committee (FOMC) Minutes at 19:00 GMT.
Fxstreet
29 minutes ago
NZD: Fewer hikes leave Kiwi vulnerable – Commerzbank
Commerzbank’s Volkmar Baur reports that the Reserve Bank of New Zealand kept its policy rate at 2.25%, with NZD weakening about 0.8% versus the US Dollar. Markets now price only one hike this year as Governor Anna Breman signals comfort with current settings.Fxstreet
36 minutes ago
FOREX-Dollar firm as focus turns to peace talks; Kiwi hit by RBNZ's easy stance
Iran-US nuclear talks show progress, easing Middle East tensionsRBNZ holds rates, signals accommodative policy to support recoveryJapanese exports rise for fifth monthBy Rocky Swift TOKYO, Feb 18 (Reuters) - The dollar was broadly higher on Wednesday as geopolitical risks kept markets on edge and...Reuters
46 minutes ago
New Zealand keeps rates steady, sees loose policy for some time
RBNZ holds rates at 2.25%, sees easy policy for some timeEconomic recovery still fragile, job market weakKiwi falls as markets pared back bets for a rate hike in OctoberBy Stella Qiu WELLINGTON, Feb 18 (Reuters) - New Zealand's central bank kept interest rates steady on Wednesday and tempered...Reuters
49 minutes ago
AUD/JPY Price Forecast: Maintains bullish tone above 108.50, Australian jobs data in focus
The AUD/JPY cross holds steady near 108.55 during the early European trading hours on Wednesday. Growing optimism around Japanese Prime Minister Sanae Takaichi’s pro-stimulus policy agenda could support the Japanese Yen (JPY) and act as a headwind for the cross.
Fxstreet
2 hours ago
EUR/USD loses ground below 1.1850 ahead of FOMC Minutes
The EUR/USD pair loses traction near 1.1840 during the early European session on Wednesday, pressured by renewed US Dollar (USD) demand. Traders brace for the Federal Open Market Committee (FOMC) Minutes for signals on future rate cuts, which will be released later on Wednesday.
Fxstreet
2 hours ago
Japan's $550 billion investment in US seen widening gains on hedged JGBs
Big Japan investment in US seen boosting demand for dollar funding JBIC is expected to convert 5.5 trillion yen into dollars via currency basis swaps Yields on hedged JGBs may increase on rising costs for dollar fundingBy Junko Fujita TOKYO, Feb 18 (Reuters) - Japanese government bonds may become...Reuters
3 hours ago
USD/INR opens flat ahead of FOMC Minutes
The Indian Rupee (INR) opens almost flat against the US Dollar (USD) on Wednesday. The USD/INR pair is expected to wobble near its current levels at around 90.80 as investors await the release of Federal Open Market Committee (FOMC) Minutes at 19:00 GMT.Fxstreet
3 hours ago
Japan's $550 billion investment in US seen widening gains on hedged JGBs
Big Japan investment in US seen boosting demand for dollar funding JBIC is expected to convert 5.5 trillion yen into dollars via currency basis swaps Yields on hedged JGBs may increase on rising costs for dollar fundingBy Junko Fujita TOKYO, Feb 18 (Reuters) - Japanese government bonds may become...Reuters
3 hours ago
NZ dollar skids as RBNZ flags loose policy, undershoots market hawks
By Wayne Cole SYDNEY, Feb 18 (Reuters) - The New Zealand dollar slipped on Wednesday after the country's central bank held cash rates steady and said policy would likely stay accommodative for some time, while allowing some scope for a hike late this year.The kiwi dollar dropped 0.8% to $0.60...Reuters
4 hours ago
GBP/USD Price Forecast: Seems vulnerable near mid-1.3500s; UK CPI/FOMC Minutes awaited
The GBP/USD pair struggles to capitalize on the previous day's late rebound from an over one-week low – levels below the 1.3500 psychological mark – and trades with a negative bias for the third consecutive day on Wednesday.Fxstreet
4 hours ago
