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USD/CAD Price Forecast: Aims to hold 50% Fibonacci retracement at 1.3890
The USD/CAD pair falls after failing to extend the nine-day winning streak on Monday. The Loonie pair corrects to near 1.3890 during the day as the US Dollar (USD) retraces, following criminal charges against Federal Reserve (Fed) Chair Jerome Powell.
Fxstreet
an hour ago
INDIA RUPEE-Rupee dragged by weak equities, hovers near record-low levels against yuan
By Jaspreet KalraMUMBAI, Jan 12 (Reuters) - The Indian rupee slipped against the dollar on Monday, dragged by weak equities, and was stuck near record lows against its Chinese counterpart, a divergence analysts say is likely to persist as the year unfolds.The rupee INR=IN was at 90.20 per dollar as ...Reuters
2 hours ago
GBP/JPY refreshes multi-year high at 212.30 amid Japan’s political concerns
The GBP/JPY pair posts a fresh multi-year high at 212.30 during the Asian trading session on Monday. The pair trades firmly as the Japanese Yen (JPY) underperforms its peers, following reports from Reuters that Japan’s Prime Minister (PM) Sanae Takaichi could call for an early snap election.
Fxstreet
2 hours ago
USD/INR trades firmly at open as higher Oil price weigh on Indian Rupee
The Indian Rupee (INR) opens on a cautious note against the US Dollar (USD) at the start of the week. The USD/INR pair trades firmly near the weekly high of 90.66 as the Indian Rupee underperforms due to rising oil prices and the continued outflow of foreign funds from the Indian stock market.Fxstreet
2 hours ago
EUR/GBP gains ground above 0.8650, traders await UK labor market data
The EUR/GBP cross trades in positive territory around 0.8685 during the early European session on Monday. The Euro (EUR) edges higher against the Pound Sterling (GBP) as the European Central Bank (ECB) appears to be near the end of its rate-cutting cycle.
Fxstreet
2 hours ago
FOREX-Dollar reels on criminal probe into Powell, gold hits record high
Probe escalates pressure on Fed before end of Powell's termFriday's jobs report, Iran unrest earlier lifted dollar to one-month highYen in focus with possible February snap election in viewBy Gregor Stuart Hunter SINGAPORE, Jan 12 (Reuters) - The U.S. dollar fell by the most in three week...Reuters
2 hours ago
USD/CHF holds losses below 0.8000 as Swiss Franc rises on safe-haven flows
USD/CHF breaks its four-day winning streak, trading around 0.7990 during the Asian hours on Monday. The pair loses as the Swiss Franc (CHF) receives support from safe-haven demand amid increased geopolitical tensions.
Fxstreet
3 hours ago
EUR/USD Price Forecast: Edges higher but faces resistance at 100-day EMA
The EUR/USD pair edges higher to near 1.1655 during the early European session on Monday. The US Dollar (USD) softens against the Euro (EUR) amid renewed concerns over US Federal Reserve (Fed) independence. Traders await the US Consumer Price Index (CPI) inflation report on Tuesday.
Fxstreet
3 hours ago
EUR/JPY Price Forecast: Climbs toward record highs near 185.00
EUR/JPY extends its gains for the second successive session, trading around 184.30 during the Asian hours on Monday. The technical analysis of the daily chart suggests that the 14-day Relative Strength Index (RSI) at 61 signals firm momentum without overbought conditions.
Fxstreet
3 hours ago
WEEKAHEAD-Little relief ahead for rupee; bonds to track RBI, index inclusion
By Dharamraj Dhutia and Jaspreet Kalra MUMBAI, Jan 12 (Reuters) - The Indian rupee is likely to remain under pressure this week as traders gauge how sternly the Reserve Bank of India will defend the currency, with geopolitical risks adding to the headwinds confronting the South Asian currency. Me...Reuters
4 hours ago
Silver Price Forecast: XAG/USD holds gains above $83.00 as safe-haven demand surges
Silver price (XAG/USD) extends its gains for the second successive day, trading around $83.10 per troy ounce during the Asian hours on Monday. Precious metals, including Silver, attract buyers as safe-haven demand rises amid escalating geopolitical tensions.Fxstreet
4 hours ago
INDIA RUPEE-Rupee under fresh pressure as Powell-Trump rift feeds Fed uncertainty
By Nimesh Vora MUMBAI, Jan 12 (Reuters) - The Indian rupee, already under pressure from foreign outflows and hedging, could face further strain on Monday on mounting tensions between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell. The 1-month non-deliverable forward indic...Reuters
4 hours ago
Australia, NZ dollars firm as greenback falters, domestic data cheers
By Wayne Cole SYDNEY, Jan 12 (Reuters) - The Australian and New Zealand dollars bounced on Monday as fresh concerns over the independence of the U.S. Federal Reserve undermined the greenback, while the Aussie drew added support from strong domestic data.Markets were roiled when Fed Chair Jerome P...Reuters
5 hours ago
NZD/USD strengthens to near 0.5750 on renewed Fed independence concerns
The NZD/USD pair attracts some buyers to near 0.5745, snapping the four-day losing streak during the Asian session on Monday. The renewed concerns over the US Federal Reserve (Fed) independence exert some selling pressure on the US Dollar (USD) against the Kiwi.Fxstreet
5 hours ago
Australian Dollar advances as US Dollar struggles due to Fed concerns
The Australian Dollar (AUD) rises against the US Dollar (USD) on Monday, following three days of losses. The AUD/USD pair advances as the Greenback weakens, potentially amid concerns surrounding the Federal Reserve.
Fxstreet
5 hours ago
