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AUD/JPY drops below 111.00 as Australia’s Trade Surplus narrows
AUD/JPY depreciates after registering mild gains in the previous session, trading around 110.80 during the Asian hours on Thursday. The currency cross remains subdued following the release of Australia’s Trade Balance data.
Fxstreet
37 minutes ago
Australia, NZ dollars rally on market mood swing, sentiment fickle
By Wayne Cole SYDNEY, March 5 (Reuters) - The Australian and New Zealand dollars were back from the brink on Thursday as a sudden mood swing in global markets helped risk assets rally, offsetting an otherwise soft set of domestic economic data.Dealers cited hopes for a resumption of oil shipmen...Reuters
45 minutes ago
Canadian Dollar jumps above 1.3600 on rising crude oil prices
The USD/CAD pair loses ground to near 1.3630 during the early Asian session on Thursday. The Canadian Dollar (CAD) gathers strength against the Greenback amid a jump in oil prices. Traders will take more cues from the US weekly Initial Jobless Claims reports later on Thursday.
Fxstreet
54 minutes ago
FOREX-Currencies take a beat as dollar rally pauses
By Rae Wee SINGAPORE, March 5 (Reuters) - The dollar halted its blistering rally on Thursday, providing some reprieve to the battered euro as investors clung on to fragile assumptions that the war in the Middle East may not last as long as initially expected.Investors were quick to take comfort i...Reuters
2 hours ago
EUR/USD edges lower below 1.1650 as Middle East tensions fuel US Dollar strength
The EUR/USD pair trades in negative territory around 1.1635 during the early Asian session on Thursday. The US Dollar (USD) strengthens against the Euro (EUR) as escalating Middle East conflict boosts safe-haven flows.
Fxstreet
2 hours ago
RPT-ROI-Mideast crisis highlights risk of dollar liquidity shock: McGeever
By Jamie McGeever ORLANDO, Florida, March 4 (Reuters) - Investors have piled into dollars this week amid the turmoil in the Middle East, a reminder that the ongoing transition away from a dollar-centric financial universe toward a more fractured, multi-polar world could be very rocky.The war now ...Reuters
2 hours ago
Canada's Savaria Corp Q4 revenue beats estimates
OverviewCanada accessibility leader's Q4 revenue rose 8.3%, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsAdjusted EBITDA for Q4 beat analyst expectationsOutlookSavaria plans to outline its next strategic phase at the upcoming Investor DayCompany aims to accelerate gro...Reuters
4 hours ago
AUD/USD Price Forecast: Rises towards 0.7080 on overall USD weakness
The AUD/USD reversed its course, climbing some 0.61% on Wednesday as the US Dollar remains on the backfoot due to an improvement in market mood, sponsored by solid US economic data. At the time of writing, the pair trades at 0.7077, poised to end near the day’s high.Fxstreet
5 hours ago
USD/MXN trips down towards 17.56 as risk appetite boosts Mexican Peso
The Mexican Peso recovers some ground on Wednesday due to an improvement in risk appetite even though hostilities in the Middle East, extended for the fifth consecutive day. Solid US economic data was ignored by MXN bulls, as depicted by the USD/MXN pair which trades at 17.56, down 0.74%.
Fxstreet
5 hours ago
REFILE-FOREX-US dollar dips from multimonth highs on Middle East optimism
Investors bearish on euro as energy prices surgeOptions market shows traders' bearish stance on euroInvestors 'pounce' on signs of optimism, analysts sayBitcoin recovers in line with improving risk sentimentUS data sees little FX reactionBy Gertrude Chavez-Dreyfuss NEW YORK, March 4 (...Reuters
5 hours ago
CANADA FX DEBT-Canadian dollar gains as safe-haven currency demand eases
Canadian dollar gains 0.2% against the greenbackTrades in a range of 1.3645 to 1.3700Services economy shrinks for fourth straight month10-year yield rises 2 basis points to 3.263%By Fergal Smith TORONTO, March 4 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Wednesda...Reuters
6 hours ago
Dollar funding stress eases as Middle East conflict de-escalation hopes rise
Euro cross-currency basis swap rate at 11.23 basis pointsMarket remains orderly, no systemic liquidity crunch expected, analysts sayBy Saqib Iqbal Ahmed NEW YORK, March 4 (Reuters) - A gauge of dollar-funding stress eased on Wednesday amid rising hopes that the Middle East conflict may prove shor...Reuters
6 hours ago
USD/JPY pulls back from one-month highs as Dollar strength fades
The Japanese Yen (JPY) trades on the front foot against the US Dollar (USD) on Wednesday as the Greenback pauses after two days of strong gains, allowing the Yen to recover modestly. However, market sentiment remains cautious amid escalating tensions from the ongoing US-Iran war.Fxstreet
10 hours ago
FOREX-US dollar nudges lower on hopes of Middle East de-escalation
Investors bearish on euro as energy prices surgeOptions market shows traders' bearish stance on euroInvestors 'pounce' on signs of optimism, analysts sayBitcoin recovers in line with improving risk sentimentUS data sees little FX reactionBy Amanda Cooper and Gertrude Chavez-Dreyfuss L...Reuters
11 hours ago
CEE MARKETS-Zloty stays positive after Polish central bank cuts benchmark rate
WARSAW, March 4 (Reuters) - The Polish zloty held onto its gains after the country's central bank went ahead with an interest rate cut on Wednesday, the probability of which was increasingly in question amid the developing conflict after the Israeli and U.S. attack on Iran.Earlier on Wednesday, ...Reuters
11 hours ago
