United States Redbook Index (YoY) rose from previous 4.9% to 5.7% in January 31

Feb 4, 2025

AUD/USD Price Forecast: Recovers above 0.6200 as US Dollar gives up gains

The AUD/USD pair rebounds sharply above the round-level figure of 0.6200 in Tuesday’s North American session.

EUR/GBP: Monday’s low around 0.8250 might out of sight for now – Rabobank

GBP has unwound some of the gains it made against the EUR yesterday indicating that the market is not convinced that the pound is a robust hedge against the likelihood of a step up in trade tensions between the EU and the US, Rabobank’s FX analyst Jane Foley notes.