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Japan PM voiced concerns about further rate hikes to BOJ, Mainichi reports
TOKYO, Feb 24 (Reuters) - Japanese Prime Minister Sanae Takaichi expressed reservations about additional interest rate hikes during her meeting with Bank of Japan Governor Kazuo Ueda last week, The Mainichi daily reported on Tuesday, citing multiple unnamed sources.The report, if true, signals poten...
Reuters
46 minutes ago
USD/JPY: Takaichi pressure fuels renewed Yen selling – MUFG
MUFG’s Senior Currency Analyst Lee Hardman notes that the Japanese Yen has underperformed, pushing USD/JPY back above 156.00.
USD/JPY
Fxstreet
57 minutes ago
GBP/USD Price Forecast: Sees more downside below 1.3430 amid dovish BoE bets
The GBP/USD pair edges lower to near 1.3480 during the European trading session. The pair is under pressure as the Pound Sterling (GBP) trades broadly uncertain amid firming speculation that the Bank of England (BoE) could deliver a number of interest rate cuts in the near term.
GBP/USD
Fxstreet
an hour ago
GBP: Choppy trading as politics cloud outlook – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note that sticky UK inflation and firmer growth data are offsetting soft labour numbers, limiting dovish repricing for the BoE and cushioning the Pound.
EUR/GBP
GBP/USD
Fxstreet
2 hours ago
USD/CAD Price Forecast: Strives to extend advance above 1.3740
The USD/CAD pair holds onto weekly gains near 1.3700 during the early European trading session on Tuesday. The Loonie pair trades firmly as the US Dollar (USD) extends its recovery move, with the US Dollar Index (DXY) extending its recovery move to near 97.80 at the press time.
USD/CAD
Fxstreet
3 hours ago
NZD/USD struggles to capitalize on intraday gains; remains below 0.6000 amid USD uptick
The NZD/USD pair attracts some dip-buyers following the previous day's failure near the 0.6000 psychological mark and sticks to its modest intraday gains through the early European session on Tuesday.
NZD/USD
Fxstreet
3 hours ago
Silver Price Forecast: XAG/USD holds above $88.00 due to positive bias
Silver price (XAG/USD) loses ground after four days of gains, trading around $88.20 per troy ounce during the early European hours on Tuesday.
Silver
Fxstreet
3 hours ago
FOREX-Yen weakens as Asian markets reopen to renewed tariff turmoil
European Parliament delays vote on EU-US trade dealState Department withdraws personnel from Beirut amid Iran tensionsTrump said to be considering new tariffs on various industriesBy Rocky Swift TOKYO, Feb 24 (Reuters) - The yen weakened on Tuesday as markets weighed the fallout on global trade f...
Reuters
3 hours ago
EUR/GBP softens below 0.8750 on trade uncertainty
The EUR/GBP cross loses ground to near 0.8730 during the early European session on Tuesday. Renewed global trade concerns, including potential US tariff measures, weigh on the Euro (EUR) against the Pound Sterling (GBP).
EUR/GBP
Fxstreet
3 hours ago
Australian Dollar outperforms its peers ahead of key inflation data
The Australian Dollar (AUD) outperforms its major currency peers, trades 0.1% higher to near 0.7065 against the US Dollar (USD) during the early European trading session on Tuesday.
AUD/USD
Fxstreet
3 hours ago
AUD/JPY Price Forecast: Climbs above 109.50 as technicals support bullish outlook
The AUD/JPY cross attracts some buyers to near 109.60 during the early European session on Tuesday. Traders remain concerned over Japan's fiscal health amid expectations that Prime Minister Sanae Takaichi will announce more stimulus to boost the economy.
AUD/JPY
Fxstreet
4 hours ago
Forex Today: US Dollar rebounds despite trade uncertainty
Here is what you need to know on Monday, Tuesday 24:
Fxstreet
4 hours ago
USD/INR edges down on likely FIIs return to Indian markets
The Indian Rupee (INR) ticks up against the US Dollar (USD) in the opening trade on Tuesday. The USD/INR pair edges down to near 91.10 on the expectation that the Reserve Bank of India (RBI) has intervened in spot and forward markets to support the Indian Rupee.
Fxstreet
4 hours ago
USD/JPY Price Forecast: Extends recovery to near 155.30 as US Dollar gains
The USD/JPY pair is up 0.4% to near 155.30 during the late Asian trading session on Tuesday. The pair trades higher as the US Dollar (USD) extends its recovery move despite United States (US) President Donald Trump threatening higher tariffs on countries in case they dishonour trade agreements.
USD/JPY
Fxstreet
4 hours ago
FOREX-Yen weakens as Asian markets reopen to renewed tariff turmoil
European Parliament delays vote on EU-US trade dealState Department withdraws personnel from Beirut amid Iran tensionsTrump said to be considering new tariffs on various industriesBy Rocky Swift TOKYO, Feb 24 (Reuters) - The yen weakened on Tuesday as markets weighed the fallout on global trade f...
Reuters
5 hours ago
EUR/USD Price Forecast: Bears Flirt with 61.8% Fibo. support near 1.1775 area
The EUR/USD pair extends the previous day's late pullback from the 1.1835 region and attracts some follow-through selling during the Asian session on Tuesday. Spot prices currently trade around the 1.1775-1.1770 area, down nearly 0.15% for the day amid a modest US Dollar (USD) strength.
EUR/USD
Fxstreet
5 hours ago
GBP/USD holds losses below 1.3500 due to BoE rate cut bets
GBP/USD edges lower after two days of gains, trading around 1.3480 during the Asian hours on Tuesday. The pair declines as the US Dollar (USD) rebounds from losses recorded over the previous two sessions.
GBP/USD
Fxstreet
5 hours ago
GBP/JPY retakes 209.00; eyes nearly two-week-old trading range hurdle amid weaker JPY
The GBP/JPY cross attracts fresh buyers following the previous day's two-way directionless price move and climbs back above the 209.00 mark during the Asian session on Tuesday.
GBP/JPY
Fxstreet
5 hours ago
USD/CHF edges up to near 0.7760 as investors look past US trade policy uncertainty
The USD/CHF pair ticks up to near 0.7760 during the Asian trading session on Tuesday.
USD/CHF
Fxstreet
6 hours ago
New Zealand Dollar drifts higher above 0.5950 on US trade uncertainty
The NZD/USD pair gains momentum to near 0.5965 during the Asian trading hours on Tuesday, bolstered by a weaker US Dollar (USD). US trade policy uncertainty continues to weigh on the Greenback against the New Zealand Dollar (NZD).
NZD/USD
Fxstreet
7 hours ago
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