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CEE MARKETS-Polish retail sales add to zloty support, forint hovers around highs
WARSAW, Feb 23 (Reuters) - Central Eastern European currencies edged higher on Monday, with the zloty boosted by higher-than-expected retail sales data in Poland, while trade war risks and tensions between the U.S. and Iran were offset by a softer dollar.Uncertainty over U.S. trade policy, after Pre...Reuters
36 minutes ago
INDIA RUPEE-Rupee edges up as local factors eat into US tariff ruling-driven gains
By Dharamraj Dhutia MUMBAI, Feb 23 (Reuters) - The Indian rupee eked out a gain versus the dollar on Monday, as hedging interest from importers and upcoming maturities in forward contracts undercut most of an early advance driven by positive sentiment after the U.S. Supreme Court's ruling on ...Reuters
36 minutes ago
COMMENT-The growing dollar short is a problem
The growing dollar short is a problem: it reduces the odds of the decline many traders are hoping for and increases the likelihood that February's rally extends.At the start of this year, traders were betting $3 billion on the dollar rising against major currencies; they are now betting $20 bill...Reuters
43 minutes ago
EMERGING MARKETS-EM shares climb, currencies firm as US tariff confusion spurs diversification
EM stocks up 1%, FX up 0.2%Israel interest rate decision dueSouth Africa budget due later this weekBy Pranav Kashyap Feb 23 (Reuters) - Most emerging-market stocks advanced on Monday as investors continued to rotate out of U.S. assets, spooked by fresh uncertainty around U.S. tariffs, while Israe...Reuters
58 minutes ago
GBP: Political risk tempers data-driven support – OCBC
OCBC’s Sim Moh Siong argues that sticky UK inflation and firmer activity data have limited dovish repricing of the Bank of England and cushioned the Pound. However, the 26 February by-election is seen keeping GBP volatility elevated in the near term.
FOREX-Dollar softens after court strikes down Trump's tariffs, stoking policy worries
By Niket Nishant and Tom Westbrook LONDON/SINGAPORE, Feb 23 (Reuters) - The dollar slipped on Monday after the U.S. Supreme Court's decision to strike down President Donald Trump's tariffs stirred fresh policy uncertainty, further fuelled by worries about a conflict with Iran. The e...Reuters
an hour ago
EUR/USD trims intraday gains; holds above 1.1800 as German IFO survey fails to inspire
The EUR/USD pair trims a part of its intraday gains, though it manages to hold above the 1.1800 mark through the first half of the European session on Monday and moves little following the release of the IFO institute's business survey for February.
Fxstreet
2 hours ago
EUR/JPY Price Forecast: Tests 50-day EMA barrier near 183.00
EUR/JPY remains steady after three days of gains, trading around 182.70 during the European hours on Monday. The technical analysis of the daily chart suggests a potential bullish reversal as the currency cross is positioned slightly above the upper boundary of the descending channel pattern.
Fxstreet
2 hours ago
GBP/JPY Price Forecast: Falling 20-day EMA supports downside bias
The GBP/JPY pair is down 0.11% to near 208.80 during the European trading session on Monday. The cross faces selling pressure as the United States (US) Supreme Court ruling against President Donald Trump’s tariff policy has improved the safe-haven demand of the Japanese Yen (JPY).
Fxstreet
4 hours ago
Pound Sterling holds gains above 1.3500 amid stronger UK data, US tariff uncertainty
The GBP/USD pair holds positive ground near 1.3520 during the early European session on Monday. The major pair recovers after falling to four-week lows last week amid renewed concerns over US tariffs.Fxstreet
5 hours ago
AUD/USD Price Forecast: Turns upside down after facing selling pressure above 0.7100
The AUD/USD pair gives back its early gains after facing selling pressure above 0.7100 and falls 0.23% to near 0.7065 during the late Asian trading session on Monday. The Aussie pair turns upside down as the Australian Dollar (AUD) underperforms across the board.Fxstreet
5 hours ago
