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EXCLUSIVE-South Korea's $350 bln US investment unlikely to kick off in first half, finmin says
South Korea's $350-bln package pushed beyond first half Slumping won pressures efforts to advance U.S. deal plansS.Korea plans to stabilise won, fight herd-driven depreciationBy Jihoon Lee, Cynthia Kim and Yena Park SEOUL, Jan 16 (Reuters) - South Korea's planned investment of $350 billi...Reuters
22 minutes ago
Yen rallies as Japan floats chance of joint intervention with US
U.S. economic data delays Fed rate cut expectationsJapanese markets brace for snap election and central bank policy meetingECB chief economist Lane warns of potential shocks affecting rate policyBy Rocky Swift TOKYO, Jan 16 (Reuters) - The yen rallied against the dollar on Friday after Japan'...Reuters
40 minutes ago
USD/JPY Price Forecast: Testing consolidation breakout near 158.00
The USD/JPY pair trades 0.18% lower to near 158.35 during the early European trading session on Friday. The pair has come under pressure as the Japanese Yen (JPY) strengthens on verbal warnings of intervention by Japan to counter one-way excessive moves.
Fxstreet
48 minutes ago
USD/INR refreshes four-week high amid consistent FIIs selling in Indian equity market
The Indian Rupee (INR) revisits the four-week low against the US Dollar (USD) in the opening session on Friday. The USD/INR pair rises to near 90.70 as the Indian Rupee underperforms amid the continuous outflow of foreign funds from the Indian stock market.Fxstreet
an hour ago
USD/CHF falls toward 0.8000 despite fading safe-haven demand
USD/CHF pares its recent gains from the previous session, trading around 0.8020 during the Asian hours on Friday. The downside of the pair could be restrained as the US Dollar (USD) may regain its ground amid rising cautious sentiment surrounding the Federal Reserve (Fed) policy outlook.
Fxstreet
an hour ago
AUD/JPY Price Forecast: Constructive outlook prevails, first upside barrier emerges near 106.50
The AUD/JPY cross loses ground to near 106.10 during the early Asian session on Friday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) on the intervention fears from Japanese officials.
Fxstreet
2 hours ago
FOREX-Yen rallies as Japan floats chance of joint intervention with US
U.S. economic data delays Fed rate cut expectationsJapanese markets brace for snap election and central bank policy meetingECB chief economist Lane warns of potential shocks affecting rate policyBy Rocky Swift TOKYO, Jan 16 (Reuters) - The yen rallied against the dollar on Friday after Japan'...Reuters
3 hours ago
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
3 hours 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
3 hours 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
4 hours 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
4 hours 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
5 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
5 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
5 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
6 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
6 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
6 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
8 hours ago
