News
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ECB’s Cipollone: There are still many risks in the pipeline
European Central Bank (ECB) executive board member Piero Cipollone said in an interview with Nikkei during the European trading session on Thursday that monetary policy adjustments would be required if economic conditions don’t act in line with expectations.Fxstreet
Thu, Dec 4
FOREX-Dollar steady near five-week low, euro at seven-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 was steady near a five-week low after lacklustre U.S. data see...Reuters
Thu, Dec 4
JPY: Markets eye BoJ rate path beyond December hike – OCBC
USD/JPY remained largely unchanged as markets await further guidance from the BoJ, with a December hike already largely priced in. Pair was last seen at 155.06 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Fxstreet
Thu, Dec 4
AUD extends its rally – OCBC
The Australian Dollar (AUD) continued climbing against the US Dollar (USD), supported by firm technicals and favourable external drivers as the currency approaches key resistance levels. AUD/USD was last at 0.6615 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Fxstreet
Thu, Dec 4
Putin says Europeans should get involved in Ukraine settlement rather than hinder it, TASS says
MOSCOW, Dec 4 (Reuters) - Russian President Vladimir Putin said on Thursday that European countries should get involved in a Ukrainian peace settlement, rather than hindering it, TASS reported.Reuters
Thu, Dec 4
ROI-Weak Japanese yen is ticking time bomb: Stephen Jen
By Stephen Jen LONDON, Dec 4 (Reuters) - The Japanese yen JPY= is too weak, meaning the gap between the currency’s spot rate and what is consistent with Japan’s economic fundamentals will likely narrow in the coming years. That amplifies risks of a sudden unwind of the yen carry trade.The USDJPY ...Reuters
Thu, Dec 4
Russia's Medvedev says EU seizure of frozen assets could be tantamount to justification for war
MOSCOW, Dec 4 (Reuters) - Dmitry Medvedev, the deputy chairman of Russia's Security Council, said on Thursday that if the European Union takes frozen Russian assets, then it may be considered by Moscow as tantamount to an act justifying war."If the crazy European Union does, after all, try t...Reuters
Thu, Dec 4
USD/CHF edges higher above 0.8000 on softer Swiss annual inflation data
The USD/CHF pair trades in positive territory around 0.8010 during the early European trading hours on Thursday. The Swiss Franc (CHF) weakens against the US Dollar (USD) on softer Swiss inflation data. Traders brace for the US weekly Initial Jobless Claims report, which is due later on Thursday.Fxstreet
Thu, Dec 4
Turkey extended Russia gas contracts by a year, eying U.S. gas investment
By Can Sezer ISTANBUL, Dec 4 (Reuters) - Turkey finalised a one-year extension of its expiring gas import contracts with Russia that total 22 bcm, and is considering investing in U.S. gas production, Turkey's energy minister said.The two import contracts with Gazprom GAZP.MM are due to expire...Reuters
Thu, Dec 4
AUD/JPY Price Forecast: Strengthens above 102.50, supported by bullish technical indicators
The AUD/JPY cross gathers strength to around 102.75 during the early European session on Thursday. Diminishing odds for more policy easing by the Reserve Bank of Australia (RBA) could provide some support to the Aussie against the Japanese Yen (JPY) in the near term.
Fxstreet
Thu, Dec 4
USD/INR rallies further as FIIs continue to dump Indian equities
The Indian Rupee (INR) slumps for the seventh trading day in a row against the US Dollar (USD) on Thursday. The USD/INR pair posts a fresh all-time high around 90.70 at open as the Indian Rupee continues to face backlash due to the consistent outflow of foreign funds from the Indian equity market.Fxstreet
Thu, Dec 4
Dollar soft as rate-cut bets intact, euro at 7-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 SINGAPORE, Dec 4 (Reuters) - The U.S. dollar was on a weak footing on Thursday after lacklustre economic data seemingly cReuters
Thu, Dec 4
EUR/USD eases from October highs amid USD uptick; holds above mid-1.1600s
The EUR/USD pair edges lower during the Asian session on Thursday and erodes a part of the previous day's strong gains to its highest level since October 17. Spot prices currently trade around the 1.1660-1.1655 region, though the downside seems limited amid a supportive fundamental backdrop.Fxstreet
Thu, Dec 4
EUR/JPY trades flat near 181.00 ahead of Eurozone Retail Sales release
The EUR/JPY cross trades on a flat note near 181.10 during the early European session on Thursday. Hawkish expectations of the Bank of Japan (BoJ) rate hike could provide some support to the Japanese Yen (JPY) against the Euro (EUR) in the near term.
Fxstreet
Thu, Dec 4
