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China and Canada renew bilateral currency swap agreement for five years
BEIJING, Jan 16 (Reuters) - China's central bank has renewed a bilateral currency swap agreement with the Bank of Canada for another five years, with a size of 200 billion yuan ($28.70 billion), the People's Bank of China said on Friday."The renewal will help strengthen financial coopera...Reuters
27 minutes ago
EXCLUSIVE-South Korea's $350 billion US investment unlikely to kick off in H1, 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
2 hours ago
Swedish households vulnerable with high debt, says central bank governor
COPENHAGEN, Jan 16 (Reuters) - Swedish central bank governor Erik Thedeen said on Friday that high debt and short interest-rate fixation periods make Swedish households vulnerable.“The fact that we in Sweden deviate with large debts and such a high proportion of variable loans is not optimal and con...Reuters
2 hours ago
USD/CAD Price Forecast: Slips below 1.3900 toward moving averages
USD/CAD inches lower after three days of gains, trading around 1.3890 during the European hours on Friday. The technical analysis of the daily chart shows the pair remains within an ascending channel pattern, suggesting a persistent bullish bias.
Fxstreet
2 hours ago
RPT-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
3 hours ago
NZD/USD gains ground above 0.5750 despite upbeat US data
The NZD/USD pair attracts some buyers near 0.5755 during the early European session on Friday. However, the upside for the pair might be limited in the near term after positive US economic data push out expectations for rate cuts by the US Federal Reserve (Fed).
Fxstreet
3 hours ago
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
3 hours 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
3 hours 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
3 hours 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
4 hours 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
4 hours 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
4 hours ago
