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USD/JPY: Markets digest report of BoJ’s undeterred hawkishness – Scotiabank
The Japanese Yen (JPY) is strong, up 0.7% against the US Dollar (USD) and outperforming all of the G10 currencies as we head into Tuesday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
40 minutes ago
USD/CAD Price Forecast: Consolidates around 1.3800 ahead of US NFP revision
The USD/CAD pair trades in a tight range inside Monday’s range around 1.3800 during the European session on Tuesday. The Loonie pair consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) benchmark revision report, which will be published at 14:00 GMT.
Fxstreet
44 minutes ago
FOREX-Dollar slips to 7-week low as jobs gloom bolsters Fed cut wagers
Investors await preliminary U.S. jobs data revisionsOdds of 50 basis-point Fed cut in September at 12% Gold hits record high on Fed cut wagersPolitical developments in focus for EUR, JPYBy Jaspreet Kalra MUMBAI, Sept 9 (Reuters) - The dollar hit a seven-week low on Tuesday as investors braced for...Reuters
48 minutes ago
EUR/JPY dives to levels near 172.00 after BoJ’s hawkish comments
The Euro reversal from 173.90 highs against the Yen is extending 0.73% lower so far on Tuesday, reaching one-week lows at 172.20 so far, as the JPY appreciates across the board following hawkish comments by BoJ officials.
Fxstreet
49 minutes ago
CAD holds neutral range vs USD – Scotiabank
The Canadian Dollar (CAD) is dead flat on the session, with neither the generally softer USD tone nor the bid for its commodity cousins helping lift sentiment (AUD/CAD trading near its highest since late 2024), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
53 minutes ago
Cirsa expects lower FX impact in second half of the year, online business soars
By Javi West Larrañaga Sept 9 (Reuters) - Spanish gambling company Cirsa CIRSA.MC said on Tuesday its second quarter net profit fell 11%, as its casino business was hit by weakness in the Mexican and Colombian pesos though its online betting unit soared.Foreign exchange headwinds, however, were n...Reuters
an hour ago
AUD/USD revisits almost 10-month high around 0.6620 as US Dollar underperforms
The AUD/USD pair reclaims the 10-month around 0.6620 during the European trading session on Tuesday. The Aussie pair strengthens as the US Dollar (USD) underperforms its peers amid firm expectations that the Federal Reserve (Fed) will cut interest rates in the policy meeting next week.
Fxstreet
an hour ago
EMERGING MARKETS-EM stocks hit four-year high bets onn bigger fed cut build; rand climbs
Nepal PM Oli quits as anti-corruption protests spiralEmerging markets stocks up 1%, currencies up 0.2%Hungary's August headline inflation at 4.3%By Pranav Kashyap and Twesha Dikshit Sept 9 (Reuters) - A gauge tracking emerging market equities climbed to a four-year high on Tuesday as traders ...Reuters
2 hours ago
Sterling firms as Fed cut bets weigh on dollar, political worries bog down euro
Sept 9 (Reuters) - Sterling gained against the dollar and the euro on Tuesday as traders slightly raised the odds of an outsized rate cut by the Federal Reserve next week while political developments in France weighed on the euro.Sterling GBP=D3 was up 0.3% at $1.3585, hovering near its strongest le...Reuters
2 hours ago
RPT-COLUMN-Will ECB be left holding central bank 'independence' baton?: Dolan
By Mike Dolan LONDON, Sept 9 (Reuters) - If central bank independence is all it's cracked up to be, then the European Central Bank may be in a good spot, as its odd multinational structure likely leaves it better protected from political interference gnawing at its peers. Whether it proves a ...Reuters
2 hours ago
USD/CAD Price Forecast: Stays silent below 1.3800, nine-day EMA
USD/CAD trades around 1.3800 during the European hours on Tuesday, extending its losses for the second consecutive day. The technical analysis of the daily chart suggests that the pair consolidates within an ascending channel pattern, indicating that market bias is bullish.Fxstreet
3 hours ago
GBP/USD: Major resistance at 1.3595 is likely out of reach – UOB Group
Pound Sterling (GBP) could continue to rise; the major resistance at 1.3595 is likely out of reach. In the longer run, the current price movements are likely part of a broad range between 1.3430 and 1.3595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
3 hours ago
