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GBP/JPY climbs above two-week range as Yen weakens, Bailey testimony eyed
The British Pound (GBP) strengthens against the Japanese Yen (JPY) on Tuesday as the yen weakens broadly after reports that Japan’s Prime Minister Sanae Takaichi raised concerns about further interest rate hikes in a meeting with Bank of Japan (BoJ) Governor Kazuo Ueda last week.
Fxstreet
38 minutes ago
FOREX-Yen slips after report on Japanese PM's rate-hike reservations
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 Niket Nishant and Rocky Swift LONDON/TOKYO, Feb 24 (Reuters) - The yen weakened on Tuesday after a report said Ja...Reuters
3 hours ago
Sterling lingers near one-month low ahead of BoE's Bailey
By Niket Nishant LONDON, Feb 24 (Reuters) - The pound was little changed on Tuesday after eking out modest gains in the last two sessions, as traders awaited testimony from Bank of England Governor Andrew Bailey and monitored potential fallout from new U.S. tariffs.Sterling GBP=D3 was trading at...Reuters
3 hours ago
Citigroup's hedge fund clients sold the dollar around Supreme Court tariff ruling
LONDON, Feb 24 (Reuters) - Citigroup's hedge fund clients C.N sold the dollar around Friday's U.S. Supreme Court ruling on President Donald Trump's sweeping tariffs, according to a note from the U.S. bank shared with Reuters late on Monday. The dollar =USD fell in volatile trading on Fri...Reuters
3 hours ago
Brazil posts larger-than-expected current account deficit in January
BRASILIA, Feb 24 (Reuters) - Brazil's current account deficit started the year wider than expected by economists, central bank data showed on Tuesday, while foreign direct investment (FDI) came in well above forecasts.Latin America's largest economy posted a current account deficit of $8.36 ...Reuters
3 hours ago
EUR/JPY advances as Yen weakens amid doubts over BoJ tightening
EUR/JPY trades around 183.50 on Tuesday at the time of writing, up 0.60% on the day, mainly benefiting from a weakening Japanese Yen (JPY). The pair’s upward move is driven more by the softness of the Japanese currency than by intrinsic strength in the Euro (EUR).
Fxstreet
3 hours ago
Brazil posts larger-than-expected current account deficit in January
BRASILIA, Feb 24 (Reuters) - Brazil's current account deficit reached $8.36 billion in January, central bank data showed on Tuesday, wider than the $6.4 billion expected by economists in a Reuters poll. The country attracted $8.168 billion in foreign direct investment (FDI) for the month, higher...Reuters
3 hours ago
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
4 hours 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.
Fxstreet
4 hours 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
4 hours 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
4 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.
Fxstreet
7 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.
Fxstreet
8 hours ago
