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GBP/USD: Likely to edge higher within a range of 1.3065/1.3230 – UOB Group
Pound Sterling (GBP) is likely to trade in a range between 1.3120 and 1.3185. In the longer run, GBP is likely to edge higher within a range of 1.3065/1.3230, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Nov 12
USD/JPY tests 155 as Tokyo fix buying lifts pair – ING
The US Dollar (USD) recovered overnight after a brief dip on weaker ADP jobs data, with USD/JPY leading gains toward the key 155 resistance. Buying around the Tokyo fix and ongoing investment inflows into the US are keeping the pair supported, even as Japanese officials step up verbal warnings.
Fxstreet
Wed, Nov 12
FOREX-Yen slips to nine-month low; dollar edges up as shutdown set to end
Yen falls to nine-month trough; prompts verbal intervention from officialsWorries about weakening U.S. labour market resurfaceTraders eye U.S. govt reopening; still betting on Fed cut in DecemberBy Samuel Indyk and Rae Wee LONDON, Nov 12 (Reuters) - The yen dropped to a nine-month low against the...Reuters
Wed, Nov 12
GBP: British labor market sends out warning signals again – Commerzbank
The British Chancellor of the Exchequer was probably hoping for a better labour market report that indicates that the underlying trend is stronger than anticipated, providing her with greater flexibility in her upcoming budget, Commerzbank's FX analyst Michael Pfister notes.Fxstreet
Wed, Nov 12
GBP/JPY Price Forecast: Pound pierces 203.30 resistance amid Yen weakness
The Pound has shrugged off the negative pressure from the weak UK employment data seen on Tuesday and bounced up from levels below 202.5, to break the 203.30 resistance area, hitting session highs above 203.50 for the first time since late October.
Fxstreet
Wed, Nov 12
AUD/USD rises to near 0.6550 ahead of Australian employment data
The AUD/USD pair moves higher to near 0.6550 during the European trading session on Wednesday. The Aussie pair gains as the Australian Dollar (AUD) outperforms on hopes that the Reserve Bank of Australia (RBA) will maintain a restrictive monetary policy stance in its upcoming policy meetings.
Fxstreet
Wed, Nov 12
Russia says it will launch debut yuan-denominated domestic bonds on December 8
MOSCOW, Nov 12 (Reuters) - The Russian Finance Ministry said on Wednesday it will launch two debut issues of yuan-denominated domestic government bonds with maturities ranging from three to seven years on December 8. The announcement confirmed a Reuters report from October 31 about the planned move,...Reuters
Wed, Nov 12
EUR/JPY Price Forecast: Reaches fresh highs above 179.00 near wedge resistance
EUR/JPY continues its winning streak for the fourth successive session, trading around 179.10 during the European hours on Wednesday. The currency cross is testing resistance within a bearish pattern, trading near the upper boundary of an ascending wedge pattern.
Fxstreet
Wed, Nov 12
Pound Sterling continues to decline as weak UK data prompts BoE dovish bets
The Pound Sterling (GBP) underperforms its major currency peers, except the Japanese Yen (JPY), on Wednesday. The British currency faces selling pressure amid growing expectations that the Bank of England (BoE) will resume its monetary expansion cycle at the December meeting.Fxstreet
Wed, Nov 12
FOREX-Yen hits nine-month low; dollar tentative as traders mull December Fed cut
Yen falls to nine-month trough; prompts verbal intervention from officialsWorries about weakening U.S. labour market resurfaceTraders eye U.S. govt reopening; still betting on Fed cut in DecemberBy Rae Wee and Kevin Buckland SINGAPORE, Nov 12 (Reuters) - The yen slid to a nine-month low on Wednes...Reuters
Wed, Nov 12
USD/CAD flat lines near 1.4000 on hopes over US shutdown deal, Fed rate cut bets
The USD/CAD pair trades on a flat note near 1.4010 during the early European session on Wednesday. Private-sector US jobs data stoked worries about labour market weakness, which could weigh on the US Dollar (USD) against the Canadian Dollar (CAD) in the near term.
Fxstreet
Wed, Nov 12
INDIA RUPEE-Rupee treads water, forward premiums gain on uptick in Fed cut wagers
By Jaspreet Kalra MUMBAI, Nov 12 (Reuters) - The Indian rupee was little changed on Wednesday, wedged between persistent importer dollar bids and the positive cue from an uptick in wagers on a rate cut by the U.S. Federal Reserve next month, that also boosted dollar-rupee forward premiums. The ru...Reuters
Wed, Nov 12
