News
Important Only
INDIA RUPEE-Rupee leaps on RBI intervention; traders say recovery may not stick
By Jaspreet Kalra MUMBAI, Mar 5 (Reuters) - The Indian rupee rallied sharply on Thursday, lifted by aggressive RBI action and a steadier global backdrop, while traders cautioned the rebound could fade as geopolitical tensions continue to cast a pall on risk assets. The rupee INR=IN was at 91...Reuters
22 minutes ago
FOREX-King dollar reigns as Middle East war leaves few winners
Dollar rally continues after brief pause as war in Middle East rages onMarkets fickle, risk sentiment remains fragileYuan bounces off lows on stronger fix as Beijing reveals 2026 targetsBy Rae Wee SINGAPORE, March 5 (Reuters) - The dollar strengthened on Thursday after briefly retreating from thr...Reuters
44 minutes ago
USD/CHF remains stronger near 0.7800 on fading Fed rate cut odds
USD/CHF pares its recent losses from the previous session, trading around 0.7800 during the Asian hours on Thursday. The pair appreciates as the US Dollar (USD) gains ground, as the Iran conflict has entered its sixth day.
Fxstreet
an hour ago
EUR/JPY Price Forecast: Softens below 182.50, retains bullish bias above 100-day EMA
The EUR/JPY cross loses traction to near 182.35 during the early European session on Thursday. The Japanese Yen (JPY) edges higher against the Euro (EUR) as rising geopolitical tensions in the Middle East drive investors toward safe-haven assets.
Fxstreet
2 hours ago
China to develop digital yuan over 2026 to 2030
BEIJING, March 5 (Reuters) - China will steadily develop a digital yuan in its next five-year plan period, according to its 15th Five-Year Plan for 2026 to 2030.China will also accelerate efforts to develop first-class investment banks and institutions, it said.Reuters
2 hours ago
EUR/USD Price Forecast: Falls to near 1.1600 due to persistent bearish bias
EUR/USD depreciates after registering modest gains in the previous session, trading around 1.1610 during the Asian hours on Thursday. The technical analysis of the daily chart suggests a persistent bearish bias as the EUR/USD pair remains within the descending channel pattern.
Fxstreet
3 hours ago
Japanese Yen edges higher above 156.50 as Middle East conflict fuels safe-haven demand
The USD/JPY pair trades in negative territory near 156.85 during the Asian trading hours on Thursday. Escalating conflict in the Middle East leads to a safe-haven bid for the Japanese Yen (JPY) against the US Dollar (USD).
Fxstreet
4 hours ago
NZD/USD holds onto gains near 0.5950 as US Dollar’s rally hits pause
The NZD/USD pair clings to Wednesday’s gains near 0.5950 during the Asian trading session on Thursday. The Kiwi pair shows strength as the US Dollar’s (USD) rally hits a pause, with the US Dollar Index (DXY) struggling to extend gains above the fresh three-month high of 99.68 posted on Tuesday.
Fxstreet
4 hours ago
FOREX-Dollar rally pauses as market sentiment turns a little more upbeat
Markets turn more upbeat on prospect Middle East war may not be prolongedEuro, sterling steady; dollar easesChina sets 4.5%-5% growth target; yuan strengthens slightly on stronger fixBy Rae Wee SINGAPORE, March 5 (Reuters) - The dollar halted its blistering rally on Thursday, providing some repri...Reuters
4 hours ago
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
5 hours 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
5 hours 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
5 hours 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
6 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
6 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
6 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
9 hours ago
