Page 42 - Urrencies News Today

Here is what you need to know on Tuesday, January 30: Markets remain cautious early Tuesday amid headlines surrounding the Chinese property crisis and escalating geopolitical tensions.

Another day, another erratic performance of AUD/USD, which remains trapped within the multi-session consolidative phase in place since the middle of the current month.

A review of things you need to know before you sign off on Tuesday; migrants active house buyers, FHBs active mortgage borrowers, RBNZ holds the line, eyes on dairy prices, swaps stable, NZD firm, & more

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1055 as compared to the previous day's fix of 7.1097 and 7.1763 Reuters estimates.

In Slovenia, retail sales declined by 15% y/y in December. In Czechia 4Q23 GDP landed at +0.2% q/q and -0.2% y/y, which brings the full year growth to -0.4%.

The USD/CNH pair attracts some dip-buying near the 7.1810-7.1805 area during the Asian session on Tuesday and climbs to a fresh daily peak in the last hour.

EUR/USD started the week on the back foot and touched its lowest level since mid-December below 1.0800 in the early American session on Monday.

On Tuesday's session, the EUR/GBP was witnessed at 0.8565, exhibiting a 0.50% rally.

The US Dollar (USD) Index holds steady near 103.50 on Tuesday, showing a neutral posture after the release of low-tier data.

The ongoing consolidation in the US dollar seems to have reignited some bullish moves around EUR/USD, prompting it to advance past 1.0850 and leave behind a negative start of the week, which saw spot pierce the 1.0800 support for the first time since mid-December.