News
Important Only
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
GBP/USD softens below 1.3350 on renewed US Dollar demand
The GBP/USD pair loses ground to around 1.3330 during the Asian trading hours on Thursday. The major pair retreats from nearly a two-month high amid renewed US Dollar (USD) demand. However, the rising bets of a Federal Reserve (Fed) rate cut next week might cap its downside.
Fxstreet
Thu, Dec 4
USD/CAD trades with positive bias above mid-1.3900s; upside potential seems limited
The USD/CAD pair attracts some buyers during the Asian session on Thursday, and for now, seems to have snapped a two-day losing streak back closer to the 1.3940-1.3935 region, or a nearly one-month low, touched last week.
Fxstreet
Thu, Dec 4
Australian dollar extends rally as markets swing toward rate rise
By Wayne Cole SYDNEY, Dec 4 (Reuters) - The Australian dollar pushed to a five-week peak on Thursday as surprising strength in domestic spending data pushed bond yields higher, while soft U.S. jobs figures restrained the greenback.The Aussie edged up 0.1% to $0.6607 AUD=D3, bringing gains for the...Reuters
Thu, Dec 4
NZD/USD softens to near 0.5750 on US Dollar rebound, Fed rate cut bets might cap losses
The NZD/USD pair edges lower to near 0.5765 during the early Asian trading hours on Thursday, bolstered by renewed US dollar (USD) demand. Nonetheless, the potential downside for the pair might be limited amid the prospect of the US interest rate cut next week.
Fxstreet
Thu, Dec 4
FOREX-Dollar weak with rate-cut enthusiasm intact, euro at 7-week high
Weak US data bolsters rate cut expectations Hassett's appointment as next Fed Chair worry investors Euro the major winner amid dollar decline in 2025By Ankur Banerjee SINGAPORE, Dec 4 (Reuters) - The U.S. dollar was soft on Thursday after lacklustre economic data cemented the case for a rate ...Reuters
Thu, Dec 4
USD/JPY declines below 155.50 on weaker US jobs data, rising BoJ rate hike expectations
The USD/JPY pair attracts some sellers to around 155.25 during the early Asian session on Thursday. The US Dollar (USD) softens against the Japanese Yen (JPY) on weaker-than-expected US jobs data and expectations of further US rate cuts.Fxstreet
Wed, Dec 3
CORRECTED-Methode Electronics Q2 sales fall, hurt by lower volumes
OverviewMethode fiscal Q2 net sales down 15.6% yr/yr Company reaffirms fiscal 2026 guidance despite $100 mln decline in annual salesOutlookMethode Electronics reaffirms fiscal 2026 net sales guidance of $900 mln to $1 blnCompany expects fiscal 2026 adjusted EBITDA of $70 mln to $80 mlnMethode Electr...Reuters
Wed, Dec 3
FOREX-Euro hits almost seven-week high, dollar broadly lower
Euro zone business activity expands at fastest pace in 2.5 yearsOptimism over potential end to Russia/Ukraine war boosts European currenciesUS private payrolls unexpectedly decline, dollar weakens on Fed Chair speculationBy Karen Brettell NEW YORK, Dec 3 (Reuters) - The euro hit an almost seven-w...Reuters
Wed, Dec 3
US retreat from its allies could hurt dollar's status, BoE's Mann says
By David MillikenLONDON, Dec 3 (Reuters) - The U.S. dollar's status as a global reserve currency could be undermined by the country's reduced support for its friends and military allies, Bank of England policymaker Catherine Mann said on Wednesday."If you can't depend on a certain co...Reuters
Wed, Dec 3
CANADA FX DEBT-Canadian dollar gains as oil prices rise, productivity growth improves
Canadian dollar gains 0.2% against the greenbackTrades in a range of 1.3939 to 1.3975Price of oil increases 0.9%Bond yields fall across the curveBy Fergal Smith TORONTO, Dec 3 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Wednesday as oil prices rose and domestic da...Reuters
Wed, Dec 3
FOREX-Euro hits six-week high on economic, Ukraine optimism, dollar dips
Euro zone business activity expands at fastest pace in 2.5 yearsOptimism over potential end to Russia/Ukraine war boosts European currenciesUS private payrolls unexpectedly decline, dollar weakens on Fed Chair speculationBy Karen Brettell NEW YORK, Dec 3 (Reuters) - The euro hit a six-week high a...Reuters
Wed, Dec 3
GBP/USD soars as speculation over Hassett fuels Fed-pivot bets
GBP/USD rallies on Wednesday during the North American session, surpasses the 1.3300 figure as market participants priced in a more dovish Federal Reserve as rumors grow that the White House economic adviser Kevin Hasset could become the next Chair taking Powell’s rein.Fxstreet
Wed, Dec 3
EUR/USD climbs toward six-week highs as weak US data pressures the Dollar
The Euro (EUR) trades on the front foot against the US Dollar (USD) on Wednesday as the Greenback remains under sustained selling pressure amid dovish Federal Reserve expectations, while traders digest the latest US services-sector data.
Fxstreet
Wed, Dec 3
