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FOREX-Dollar down for tenth straight day, yen at 2-1/2 week high
Weak US data bolsters rate cut expectations Euro the major winner amid dollar decline in 2025Yen intervention worries ease but BOJ rate path remains uncertainBy Ankur Banerjee and Samuel Indyk LONDON, Dec 4 (Reuters) - The U.S. dollar edged lower as lacklustre data appeared to cement the case for...Reuters
Thu, Dec 4
POLL-Canadian dollar forecasts turn less bullish as trade deal remains elusive
Canadian dollar to strengthen less than expected due to trade deal delaysBoC may lower rates if core inflation nears target, says economist SaundersUS-Canada trade talks stalled, affecting economic outlookBy Fergal Smith TORONTO, Dec 4 (Reuters) - The Canadian dollar will strengthen less than pre...Reuters
Thu, Dec 4
USD/JPY extends losses to fresh two-week lows near 154.50
The US Dollar-Yen recovery attempt seen during Thursday’s early Asian session was capped at 155.50, and the pair resumed its broader bearish trend during the European trading session, breaching Monday’s low of 154.65 to hit fresh two-week lows near 154.50 at the time of writing.
Fxstreet
Thu, Dec 4
POLL-Canadian dollar forecasts turn less bullish as trade deal remains elusive
Canadian dollar to strengthen less than expected due to trade deal delaysBoC may lower rates if core inflation nears target, says economist SaundersUS-Canada trade talks stalled, affecting economic outlookBy Fergal Smith TORONTO, Dec 4 (Reuters) - The Canadian dollar will strengthen less than pre...Reuters
Thu, Dec 4
AUD: RBA poised to kick off easing cycle early 2026 – BNY
The Reserve Bank of Australia (RBA) could set the stage for fresh policy guidance next week, potentially signaling the start of an easing cycle, though AUD gains are not guaranteed, BNY's EMEA Macro Strategist Geoff Yu reports.Fxstreet
Thu, Dec 4
Sterling steady after biggest daily jump since April
Upward revision of UK business activity supports poundConcerns recede after budgetBoE likely to cut rates this monthBy Samuel Indyk LONDON, Dec 4 (Reuters) - The pound steadied against the dollar on Thursday after rising over 1% the day before, its biggest daily jump since April, as an upward rev...Reuters
Thu, Dec 4
Eurozone Retail Sales remains flat on month in October vs. 0.1% growth prior
The Eurozone Retail Sales, which is a key measure of consumer spending, remains flat month-on-month (MoM) in October, while it was expected to grow by 0.1%, reported by Eurostat on Thursday. In September, the consumer spending measure rose by 0.1%, revised from a negative 0.1%.Fxstreet
Thu, Dec 4
EUR/GBP Price Forecast: Euro bounces from 0.8737 lows with bears still in control
The Euro is picking up from five-week lows near 0.8735 on Thursday, as the Pound loses steam, following Wednesday’s rally. The pair, however, maintains its bearish trend intact, with technical indicators pointing lower and investors upbeat about the details of the UK budget.
Fxstreet
Thu, Dec 4
GBP resilient amid budget scrutiny – DBS
The Pound Sterling (GBP) shrugged off Autumn Budget worries, supported by orderly gilt markets and cautious OBR growth forecasts. Softening US Dollar (USD) and Fed-cut expectations continue to drive GBP gains, DBS' Senior FX Strategist Philip Wee notes.Fxstreet
Thu, Dec 4
