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Japan's Katayama says all options open on yen, including joint action with US
By Makiko Yamazaki TOKYO, Jan 16 (Reuters) - Japanese Finance Minister Satsuki Katayama said on Friday Tokyo would not rule out any options to counter excessive foreign exchange volatility, including coordinated intervention with the U.S., as the yen stayed around an 18-month low against the doll...Reuters
7 minutes ago
EUR/USD Price Forecast: Edges above 1.1600 near six-week lows
EUR/USD holds ground after three days of losses, trading around 1.1610 during the Asian hours on Friday. The 14-day Relative Strength Index (RSI) momentum indicator, currently at 35 (neutral-bearish), shows momentum skewed to the downside.
Fxstreet
13 minutes ago
USD/CAD weakens below 1.3900 as crude oil rebound strengthens Canadian Dollar
The USD/CAD pair loses ground to near 1.3890 during the Asian trading hours on Friday. The Canadian Dollar (CAD) strengthens against the Greenback amid the rebound in crude oil prices. Traders will take more cues from the US December Industrial Production report and the Fedspeak later on Friday.
Fxstreet
54 minutes ago
Japan's Katayama says all options possible to fight yen fall, including joint intervention with US
TOKYO, Jan 16 (Reuters) - Japanese Finance Minister Satsuki Katayama said on Friday Tokyo "won't rule out any options" to counter the yen's weakness, including potential intervention coordinated with Washington.Speaking at a regular news conference, Katayama said the joint statement ...Reuters
an hour ago
NZD/USD gains ground to near 0.5750 on softer Iran rhetoric
The NZD/USD pair attracts some buyers to around 0.5750 during the Asian trading hours on Friday. The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) as easing tensions in Iran boost the riskier currencies.
Fxstreet
2 hours ago
Aussie holds ground as US dollar firms, eyeing small weekly gains
SYDNEY, Jan 16 (Reuters) - The Australian dollar held its ground on Friday, lifted by a rebound in global stocks and unfazed by a firmer U.S. dollar on the back of growing expectations that interest rates there will be on hold for longer. The Aussie hovered at $0.67 AUD=D3, having eked out a sma...Reuters
2 hours ago
Japan's five-year bond yield hits record high on bets of early rate hike
By Junko Fujita TOKYO, Jan 16 (Reuters) - Japan's five-year government bond yield hit a record high on Friday, as a sharp drop in the yen raised expectation for an early interest rate hike from the Bank of Japan (BOJ).The five-year yield JP5YTN=JBTC rose 1.5 basis points (bps) to a record 1.6...Reuters
2 hours ago
FOREX-Dollar poised for third weekly gain as buoyant data seen keeping Fed cuts at bay
By Rocky Swift TOKYO, Jan 16 (Reuters) - The dollar was poised for a third weekly gain on Friday after positive U.S. economic data lowered expectations for rate cuts by the Federal Reserve anytime soon.The greenback rose overnight on a surprise decline in weekly jobless figures and was steady in ...Reuters
2 hours ago
AUD/USD holds ground near 0.6700 due to cautious RBA tone
AUD/USD moves little after two days of gains, hovering around 0.6700 during the Asian hours on Friday. The pair steadies as the Australian Dollar (AUD) receives support amid cautious sentiment surrounding the Reserve Bank of Australia’s (RBA) policy outlook.
Fxstreet
3 hours ago
Dollar hits six-week high as US jobless claims unexpectedly fall
NEW YORK, Jan 15 (Reuters) - The dollar reached a six-week high on Thursday after data showed that the number of Americans filing new applications for unemployment benefits unexpectedly fell last week, further boosting expectations that the Federal Reserve will keep rates on hold for the next severaReuters
3 hours ago
USD/JPY gains above 158.50 as US Jobless Claims support US Dollar
The USD/JPY pair posts modest gains near 158.65 during the early Asian trading hours on Friday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) as US Initial Jobless Claims fall. The US December Industrial Production report is due later on Friday.
Fxstreet
5 hours ago
GBP/JPY Price Forecast: Slides from yearly highs, towards 212.00
The British Pound drops versus the Japanese Yen as the Friday’s Asian session begins, courtesy of Japanese authorities’ verbal intervention, which boosted the Asian currency. The GBP/JPY trades at 212.20 after falling from yearly highs near 214.30.
Fxstreet
5 hours ago
EUR/USD tumbles towards 1.1600 as strong US data supercharges Dollar
EUR/USD fell to a new yearly low beneath 1.1600 on Thursday, courtesy of solid economic data in the US and broad US Dollar strength. Traders’ appetite improved due to Trump moderating his rhetoric on Iran, while data in the Eurozone, failed to underpin the shared currency.Fxstreet
5 hours ago
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
9 hours 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
10 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
11 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
12 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
12 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
12 hours ago
