GBP/JPY halts its three-day losing streak, trading around 191.50 during the early European hours on Tuesday.
Switzerland Industrial Production (YoY): 2.3% (4Q) vs previous 3.5%
The EUR/GBP cross edges lower to near 0.8295 during the early European trading hours on Tuesday.
West Texas Intermediate (WTI) Oil price advances on Tuesday, according to FXStreet data.
Bank of Japan (BoJ) Governor Kazuo Ueda said on Tuesday, “we are aware of views we had not been clear enough in our policy guidance.” “Last summer's volatility was mainly caused by market concern over weak US jobs data, US economic slowdown,” he added.
United Kingdom Claimant Count Rate: 4.6% (January)
United Kingdom Average Earnings Excluding Bonus (3Mo/Yr) meets forecasts (5.9%) in December
The United Kingdom’s (UK) ILO Unemployment Rate remained at 4.4% in the three months to December, the data published by the Office for National Statistics (ONS) showed on Tuesday.
United Kingdom Employment Change (3M) climbed from previous 35K to 107K in December
United Kingdom ILO Unemployment Rate (3M) below forecasts (4.5%) in December: Actual (4.4%)
United Kingdom Average Earnings Including Bonus (3Mo/Yr) came in at 6%, above forecasts (5.9%) in December
United Kingdom Claimant Count Change registered at 22K above expectations (10K) in January
The USD/CAD pair trades in positive territory near 1.4205 during the early European session on Tuesday, supported by the firmer Greenback.
EUR/JPY retraces its recent losses, trading around 159.10 during the Asian hours on Tuesday.
Silver (XAG/USD) reverses an Asian session dip to the $32.00 neighborhood and climbs to the top end of its intraday trading range in the last hour.
The USD/CHF pair extends its recovery to around 0.9030 during the early European session on Tuesday, bolstered by a firmer US Dollar (USD).
Gold price (XAU/USD) trades with a mild positive bias above the $2,900 mark during the Asian session on Tuesday, though it lacks bullish conviction and remains confined in a familiar range that has held over the past week or so.
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
Reserve Bank of Australia (RBA) Governor Michele Bullock is speaking at the press conference, following the announcement of the February monetary policy decision on Tuesday.
GBP/USD breaks its five-day winning streak, trading around 1.2600 during Tuesday's Asian session.
FX option expiries for Feb 18 NY cut at 10:00 Eastern Time via DTCC can be found below.
The AUD/JPY cross attracts some buyers to around 96.55 during the early Asian session on Tuesday.
EUR/USD extends its losses for the second successive session, trading near 1.0460 during the Asian hours on Tuesday.
The AUD/NZD cross stages a goodish rebound from over a one-week low, around the 1.1075 region touched during the Asian session on Tuesday, and gains follow-through traction after the Reserve Bank of Australia (RBA) announced its policy decision.
Australia RBA Interest Rate Decision in line with expectations (4.1%)
AUD/JPY remains attempts to recover its recent losses registered in the previous session, hovering around 96.40 during Tuesday’s Asian hours.
The National Development and Reform Commission (NDRC), China’s state planner, said in a statement on Tuesday that “precise' policies to be implemented to help ease difficulties faced by private companies.” Additional takeaways 'Current' political, economic and social environment very conducive to development of private economy.
The Japanese Yen (JPY) attracts some sellers during the Asian session on Tuesday, which, along with a modest US Dollar (USD) uptick, assists the USD/JPY pair in staging a modest recovery from the 151.25 area or over a one-week low.
The NZD/USD pair attracts some sellers to around 0.5710 during the early Asian session on Tuesday.
The Australian Dollar (AUD) pauses its three-day winning streak against the US Dollar (USD) as traders await the Reserve Bank of Australia’s (RBA) policy decision on Tuesday.
The Indian Rupee (INR) depreciates on Tuesday. Analysts expect the local currency to trade with negative bias amid weakness in the domestic equities and Foreign Institutional Investors (FII) outflows.
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1697 as compared to the previous day's fix of 7.1702 and 7.2538 Reuters estimates.
On Monday, Chinese President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other prominent entrepreneurs, signaling Beijing’s support for a long-marginalized private sector now considered key to reviving the economy, per Bloomberg.
British Prime Minister Keir Starmer said late Monday that any Ukraine peace deal would require a "US backstop" to deter Russia from attacking its neighbor again, per Reuters.
EUR/USD swamped out at the 1.0500 handle on Monday, snapping a four-day win streak as Fiber bulls re-think their position.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $71.20 during the early Asian session on Tuesday.
GBP/USD traded its way into an easy fifth straight gain on Monday, climbing nearly one-third of one percent and crossing back over the 1.2600 handle.
The USD/CAD pair flat lines near 1.4185 during the late American session on Monday.
Federal Reserve (Fed) Board of Governors member Christopher Waller noted late Monday that while inflation progress has been made, it has been "excruciatingly" slow.
Silver price edges higher and registered gains of over 0.70% on Monday as US financial markets remained closed in observance of Presidents’ Day.
AUD/JPY continued its downward movement on Monday, losing 0.42% to settle around 96.30.