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FOREX-Dollar buoyant, yen retreats as Fed rate cut bets wane ahead of key US data
Yen slides back to where it began the yearEuro falls to $1.1510Expectations for US cut in December below 25%By Ozan Ergenay and Alun John SINGAPORE/LONDON, Nov 20 (Reuters) - The dollar was riding high on Thursday after Federal Reserve minutes made a December U.S. rate cut seem less likely ahead...Reuters
Thu, Nov 20
USD/CHF climbs to two-week highs as US Dollar firms ahead of delayed NFP
USD/CHF advances for the fifth consecutive day on Thursday, with the pair drawing strong support from broad US Dollar (USD) strength as markets position cautiously ahead of the delayed September Nonfarm Payrolls (NFP) report due at 13:30 GMT.
Fxstreet
Thu, Nov 20
RPT-Sterling edges up, Britain's upcoming budget in focus
By Ozan Ergenay LONDON, Nov 20 (Reuters) - The pound nudged up from a two-week low on the dollar on Thursday as investors continued to process the previous day's inflation data and position for Britain's much-discussed upcoming budget. Sterling was last up 0.17% on the dollar at $1.3076 ...Reuters
Thu, Nov 20
Sterling edges up, Britain's upcoming budget in focus
By Ozan Ergenay LONDON, Nov 20 (Reuters) - The pound nudged up from a two-week low on the dollar on Thursday as investors continued to process the previous day's inflation data and position for Britain's much-discussed upcoming budget. Sterling was last up 0.17% on the dollar at $1.3076 ...Reuters
Thu, Nov 20
RPT-ROI-Fed's 'lighthouse' may not allow it to dock: Mike Dolan
By Mike Dolan LONDON, Nov 20 (Reuters) - Even when the Federal Reserve's lighthouse beam returns, it may still find itself all at sea - leaving interest rate cuts on ice for some time.In a speech this week just ahead of the first comprehensive U.S. employment report in more than two months, ...Reuters
Thu, Nov 20
USD/JPY edges higher on strong US Dollar, Japan's fiscal challenges
USD/JPY trades higher on Thursday, around 157.20 at the time of writing, up 0.20% on the day. The pair has extended its upward momentum throughout the week, supported by a macroeconomic backdrop that continues to favor the US Dollar (USD) over the Japanese Yen (JPY).
Fxstreet
Thu, Nov 20
USD/JPY eyes January high near 159.00 – Société Générale
USD/JPY continues its rebound, breaking a multi-month descending trend line and approaching the January high near 158.85–159.10. While resistance in this zone may prompt a short-term pullback, the recent low at 154.40 offers key support, Société Générale's FX analysts note.Fxstreet
Thu, Nov 20
USD/JPY: Major resistance at 158.00 is likely out of reach for now – UOB Group
There is scope for the rally in US Dollar (USD) to test 157.55, the major resistance at 158.00 is likely out of reach for now. In the longer run, USD is expected to continue moving higher; the next level to watch is 158.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Nov 20
NZD/USD: Likely to weaken to 0.5585 – UOB Group
New Zealand Dollar (NZD) could continue to weaken, but any decline is likely limited to a test of 0.5585. In the longer run, given the sharp increase in downward momentum, NZD is likely to weaken to 0.5585, potentially 0.5565, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Nov 20
AUD/USD: Likely to trade between 0.6450 and 0.6510 – UOB Group
Australian Dollar (AUD) is likely to trade between 0.6450 and 0.6510. In the longer run, downward bias remains intact, but AUD must close below 0.6440 before a move to 0.6405 can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Nov 20
USD/CAD Price Forecast: Remains near 1.4050 within ascending channel
USD/CAD moves little after registering more than 0.5% gains in the previous session, trading around 1.4060 during the European hours on Thursday. The daily chart’s technical setup reflects a revived bullish bias, with the pair rebounding within its ascending channel pattern.
Fxstreet
Thu, Nov 20
