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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
10 minutes ago
EUR/USD trades flat near 1.1780 even as US Dollar trades firmly
The EUR/USD pair trades in a tight range around 1.1780 during the European trading session on Tuesday. The major currency pair consolidates even as the US Dollar (USD) trades firmly, suggesting that the Euro (EUR) is also upbeat.
EUR/USD
Fxstreet
43 minutes ago
Currency trading costs jumped during November's CME outage, SNB report says
LONDON, Feb 24 (Reuters) - The cost of trading euro/dollar, the world's most actively traded currency pair, rose sharply in late November when a failure at a data centre caused the temporary suspension of operations across multiple CME group exchanges, a Swiss National Bank report on Tuesday sho...
Reuters
46 minutes ago
FOREX-Yen slips after report on Japanese PM Takaichi's rate-hike reservations hits sentiment
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 and Niket Nishant TOKYO/LONDON, Feb 24 (Reuters) - The yen weakened on Tuesday after a report that Ja...
Reuters
58 minutes ago
USD/JPY: Yen under pressure again – Societe Generale
Societe Generale’s Kit Juckes notes that the Japanese Yen is weaker as Prime Minister Takaichi signals apprehension about further rate hikes and China retaliates with export controls on Japanese firms.
USD/JPY
Fxstreet
an hour ago
EUR/GBP: BoE testimony could shift rate path – ING
Chris Turner at ING expects Sterling traders to focus on parliamentary testimony from four Bank of England policymakers and its implications for a possible March rate cut.
EUR/GBP
Fxstreet
2 hours 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
3 hours 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
3 hours 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
4 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
4 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
4 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
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/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
5 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
5 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
6 hours ago
Forex Today: US Dollar rebounds despite trade uncertainty
Here is what you need to know on Monday, Tuesday 24:
Fxstreet
6 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
6 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
6 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
6 hours ago
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