Page 30 - Urrencies News Today

USD/COP traded between 3,900 and 4,000 during January. Economists at Scotiabank analyze the pair’s outlook.

Another week where bets on the potential timing of interest rate cuts by the Federal Reserve dominated the headlines in the FX universe.

A review of things you need to know before you sign off on Thursday; no retail rate changes, Crown accounts reveal rising tax take, weak inbound tourism, high demand for NZGBs, swaps ease, NZD firms, & more

Here is what you need to know on Thursday, February 15: The US Dollar (USD) failed to build on Tuesday gains and the USD Index (DXY) closed in negative territory on Wednesday as the risk mood improved in the American session.

Strong earnings updates from the corporate sector supported a revival in market sentiment after the disappointing U.S. inflation readings a day earlier..

In Thursday's session, the EUR/GBP traded at 0.8560, showing a gain of 0.25% as the Sterling weakened due to softer-than-expected Q4 GDP data.

On Thursday, the AUD/USD pair traded near 0.6520, marking a gain of 0.40% mainly driven by the report of weak economic data from the United States (US).

Extra losses in the Greenback prompted another pullback in the USD Index (DXY), underpinning the appetite for the risk-linked universe amidst renewed speculation of interest rate cuts by the Fed.

The Australian dollar moved further up and surpassed the key 0.6500 barrier vs.

The US Dollar (USD) measured by the Dollar Index (DXY) declined further on Thursday, this time fueled by weak Retail Sales figures from January.