GBP/JPY briefly ticked into a new multi-week high above the 186.00 handle on Tuesday as the Japanese Yen (JPY) saw broad-market declines and the Pound Sterling (GBP) caught a brief ride up the charts after UK labor figures showed more jobs added in December than the previous month.
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AUD/JPY Price Analysis: Registers modest losses, but remains upward biased as hammer emerges
The AUD/JPY printed modest losses on Tuesday, as risk appetite took its toll as worldwide central bank policymakers pushed back against rate cut expectations.
US Dollar extends gains following Christopher Waller's words
The US Dollar (USD) started the trading session by surging to the 103.40 mark, quickly being pulled back by the resistance of the 100-day SMA.
Canadian Dollar sees broad-market gains on Tuesday, but Greenback climbs higher
The Canadian Dollar (CAD) climbed against most of its currency trading peers on Tuesday, but fell back against the US Dollar (USD), which took top spot as the best-performing major currency.
NZD/JPY Price Analysis: Bulls keep control after defending the 20-day SMA
On Tuesday's session, the NZD/JPY stands at 90.33, with mild losses after dropping earlier in the session towards 89.90.
Euro backslides against Greenback as ECB talks down rate movement expectations
The Euro (EUR) mixed on Tuesday, holding mostly steady against its peers but seeing steep declines against the US Dollar (USD).
New Zealand Electronic Card Retail Sales (MoM) dipped from previous 1.6% to -2% in December
New Zealand Electronic Card Retail Sales (MoM) dipped from previous 1.6% to -2% in December
New Zealand Electronic Card Retail Sales (YoY) down to -0.6% in December from previous 2.1%
New Zealand Electronic Card Retail Sales (YoY) down to -0.6% in December from previous 2.1%
S&P 500 News: Index closes lower on Tuesday following poor manufacturing data
The S&P 500 index began this week by trading 0.5% lower at the opening bell as the NY Empire State Manufacturing Index for January featured a huge miss, reaching a level not seen since the depths of the pandemic nearly four years ago.
Mexican Peso tanks to four-week low against US Dollar on high US yields, Fed’s commentary
The Mexican Peso posts back-to-back days with losses and plummets sharply against the US Dollar (USD), which benefits from risk aversion, and traders pricing in a less dovish Federal Reserve (Fed), according to Chicago Board of Trade (CBOT) data.