News
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FOREX-Dollar staggers to third weekly decline as investors ponder Fed outlook
Euro and sterling rise as dollar weakensFed's less hawkish stance drags dollarMarkets diverge from policymakers on rate cuts for next yearBy Ankur BanerjeeSINGAPORE, Dec 12 (Reuters) - The U.S. dollar headed for its third straight weekly drop on Friday, hurt by the prospect of rate cuts next yea...Reuters
Fri, Dec 12
AUD/USD Price Forecast: Turns sideways around 0.6660 as rally hits pause
The AUD/USD pair turns sideways as the three-week rally hits a pause after posting a fresh three-month high at 0.6686 on Wednesday. During Friday’s early European trading hours, the Aussie pair trades calmly near 0.6660.
Fxstreet
Fri, Dec 12
EUR/USD weakens below 1.1750 on US Dollar rebound, Fed rate-cut expectations could cap losses
The EUR/USD pair retreats from a 10-week high to near 1.1735 during the early European session on Friday, pressured by a modest rebound in the US Dollar (USD). The potential downside for the major pair might be limited amid the prospect of the US Federal Reserve (Fed) rate cuts next year.
Fxstreet
Fri, Dec 12
When are the UK data releases and how could they affect GBP/USD?
The United Kingdom (UK) economic docket features the monthly Gross Domestic Product (GDP) print for October and Industrial Production figures, to be published by the Office for National Statistics (ONS) this Thursday at 07:00 GMT.
Fxstreet
Fri, Dec 12
Silver Price Forecast: XAG/USD drifts higher amid rising demand, US critical minerals listing
Silver price (XAG/USD) climbs to near $63.75 and is poised to retest its all-time high during the Asian trading hours on Friday. The white metal extends the rally on rising industrial demand, a weaker US Dollar (USD), and the metal's entry into the US critical minerals list.
Fxstreet
Fri, Dec 12
FOREX-Dollar staggers to third straight weekly drop as investors ponder Fed outlook
Euro and sterling rise as dollar weakensFed's less hawkish stance drags dollarMarkets diverse from policymakers on rate cuts for next yearBy Ankur BanerjeeSINGAPORE, Dec 12 (Reuters) - The U.S. dollar headed for its third straight weekly drop on Friday, hurt by the prospect of rate cuts next yea...Reuters
Fri, Dec 12
Australia, New Zealand dollars up for third week as rate outlooks favour
By Wayne Cole SYDNEY, Dec 12 (Reuters) - The Australian and New Zealand dollars are heading for a third week of gains on Friday as investors wager the next move in domestic interest rates will be up, even as U.S. rates are expected to keep falling.The Aussie was holding at $0.6668 AUD=D3, having ...Reuters
Fri, Dec 12
USD/JPY attracts some sellers to near 155.50 on weak US jobs data
The USD/JPY pair attracts some sellers to around 155.60 during the early Asian session on Friday. The US Dollar (USD) edges lower against the Japanese Yen (JPY) amid worse-than-anticipated US employment data and a less hawkish outlook than expected from the US Federal Reserve (Fed).Fxstreet
Fri, Dec 12
Fed reappoints 11 regional bank presidents in unanimous vote
Dec 11 (Reuters) - The Federal Reserve on Thursday said 11 of its regional bank presidents had been reappointed to their positions with the unanimous agreement of the U.S. central bank's Board of Governors, wrapping up an ordinarily routine process that had come under heightened scrutiny amid pr...Reuters
Fri, Dec 12
EUR/USD continues its rise as Dollar retreats on Fed action and soft data
EUR/USD advances during the North American on Thursday up 0.41% after the Fed decided to cut rates, alongside the release of weaker than expected job data in the United States (US). At the time of writing, the pair trades at 1.1742 after bouncing off daily lows of 1.1682.Fxstreet
Thu, Dec 11
FOREX-US dollar sags as Fed outlook undermines; Swiss franc gets SNB lift
Fed outcome less hawkish than expectedDollar soft; euro, sterling hit new highsFed to start buying Treasury bills to manage market liquiditySouring risk mood sends Aussie, cryptos slidingSNB leaves rates steady, franc strong By Gertrude Chavez-Dreyfuss and Alun John NEW YORK/LONDON, Dec 11 (Reute...Reuters
Thu, Dec 11
