Page 69 - Urrencies News Today

The GBP/USD pair fails to capitalize on the previous day's modest recovery from the vicinity of the 1.2600 mark, or a near three-week low and oscillates in a narrow band during the Asian session on Thursday.

Here is what you need to know on Thursday, January 4: The US Dollar (USD) managed to build on Tuesday's gains despite mixed macroeconomic data releases on Wednesday and the USD Index closed in positive territory.

Singapore News - The YouTrip multi-currency e-wallet on Jan 3 announced its new anti-scam security enhancements, including a kill switch and a strengthened authentication process for users changing their contact details. There is also a 12-hour cooling-off period after a new login is... Read more at www.tnp.sg

EU mid-market update: Flickers of hope in EU data; UK retailers provide first Q4 earnings color, highlight Red Sea disruptions.

In Thursday's trading session, the USD/JPY pair has seen a rally, rising to multi-week highs of 147.70 with a robust 1% uptick.

The Mexican Peso (MXN) pares some of Wednesday’s gains and exchanges hands with losses during the North American session on Thursday.

The GBP/USD is whipsawing on Thursday, ticking into an intraday high of 1.2730 before getting forced lower by US Dollar (USD) flows dragging the Pound Sterling (GBP) back below the 1.2700 handle.

The New Zealand Dollar (NZD) is on the defensive against the US Dollar (USD) in the mid-North American session on Thursday, even though the Greenback is under downward pressure following the release of upbeat economic data from the United States.

The GBP/JPY extends its gains for the second straight day and faces solid resistance at the bottom of the Ichimoku Cloud (Kumo) at around 183.35.

The US Dollar (USD) gained traction during the American session, with the Dollar Index (DXY) trading at 102.45 after an initial dip to 102.20.