News
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Eurozone Retail Sales unexpectedly drops 0.1% MoM in January
Eurozone Retail Sales, a key measure of consumer spending, surprisingly falls by 0.1% month-on-month (MoM) in January, while it was expected to grow 0.3%. In December, the consumer spending measure rose by 0.2%, revised positive from -0.5%.Fxstreet
15 minutes ago
EXCLUSIVE-Euro zone banks face multiple threats from Iran war, ECB supervisor says
FRANKFURT, March 5 (Reuters) - Euro zone banks face only a limited direct impact from the war in Iran, but the larger danger lies in how a weakened economy might feed back into lenders’ balance sheets, a senior European Central Bank supervisor told Reuters.Reuters
an hour ago
Japanese Yen turns upside down against US Dollar as dovish Fed bets recede
The Japanese Yen (JPY) gives back its early gains and turns negative against the US Dollar (USD) during the European trading session on Thursday. The USD/JPY pair rises to near 157.35 as the US Dollar resumes its upside journey after a corrective move.
Fxstreet
2 hours ago
USD/CAD Price Forecast: Hand holds 20-day EMA amid US-Iran war
The USD/CAD pair trades flat at around 1.3645 during the European trading session on Thursday. The Loonie pair consolidates as the recovery move in the US Dollar (USD) after a slight correction has offset the strength in the Canadian Dollar.
Fxstreet
2 hours ago
AUD/USD Price Forecast: Trades around 0.7050 after breaking below nine-day EMA
AUD/USD pares its recent gains from the previous session, trading around 0.7050 during the early European hours on Thursday. The technical analysis of the daily chart indicates that the pair is remaining within the ascending channel pattern, indicating that bullish bias prevails.
Fxstreet
3 hours ago
New Zealand Dollar weakens below 0.5950 amid persistent geopolitical risks
The NZD/USD pair trades in negative territory around 0.5920 during the early European trading hours on Thursday. The New Zealand Dollar (NZD) softens against the Greenback on escalating conflict in the Middle East.
Fxstreet
3 hours ago
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
4 hours 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
4 hours 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
5 hours 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
5 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
6 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
6 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
7 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
7 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
8 hours ago
