News
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Sterling snaps four-day rising streak after jobs data
By Stefano Rebaudo Nov 11 (Reuters) - Sterling snapped a four-day rising streak as data on Tuesday showed British unemployment rose, while annual wage growth slowed slightly, bolstering expectations for a Bank of England interest rate cut next month. Yields on 2-year gilts GB2YT=RR, more sensitiv...Reuters
Tue, Nov 11
USD/JPY: Further advance is not expected to reach the major resistance at 155.00 – UOB Group
US Dollar (USD) could test 154.45 against Japanese Yen (JPY); any further advance is not expected to reach the major resistance at 155.00. In the longer run, USD is likely to trade in a range for now, likely between 153.10 and 155.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Nov 11
NZD/USD: Clear break above 0.5665 is unlikely – UOB Group
There is scope for New Zealand Dollar (NZD) to test 0.5665; a clear break above this level is unlikely. In the longer run, weakness in NZD has stabilized; for the time being, it is likely to trade in a range between 0.5605 and 0.5695, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Nov 11
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 1.3130 and 1.3190. 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
Tue, Nov 11
FOREX-Dollar rises against yen and Aussie as focus turns to upcoming US data
Market focus shifts to upcoming US dataEconomists remain uncertain about US economic outlookTrump comments on tariff deal with Switzerland lift Swiss francAustralian dollar slips as risk appetite fadesBy Stefano Rebaudo Nov 11 (Reuters) - The U.S. dollar rose against the safe-haven yen and versus...Reuters
Tue, Nov 11
EMERGING MARKETS-Emerging markets equities steady as US government shutdown end nears
EM stocks flat, FX down 0.09%Hungary raises 2025, 2026 budget deficit targets to 5% of GDPHungary's October inflation stable at 4.3% y/y, below forecastRomania's interest rate decision later in the dayCzech CPI at 2.5% y/y in OctoberPolish stock market closed for Independence DayBy Nikhil Sh...Reuters
Tue, Nov 11
GBP/JPY hits session lows near 202.30 after weak UK employment data
The Pound has come under pressure on Tuesday, following disappointing UK labour market data. The GBP/JPY extended its reversal from Monday’s highs near 203.20 to session lows right above 202.30, before picking up to the 202.60 area at the time of writing.
Fxstreet
Tue, Nov 11
EUR/JPY Price Forecast: Targets fresh record highs near 179.00 as bullish bias prevails
EUR/JPY extends its gains for the third consecutive session, trading around 178.40 during the European hours on Tuesday. The currency cross shows strong short-term momentum, trading above the nine-day Exponential Moving Average (EMA).
Fxstreet
Tue, Nov 11
AUD/NZD eases from 1.1590, after hitting fresh 12-year highs
The Aussie Dollar has rallied well beyond 2% against its New Zealand counterpart over the last two weeks, reaching 12-year highs near 1.1600. RBA-RBNZ monetary policy divergence and weak New Zealand macroeconomic figures are crushing investors’ confidence in the New Zealand Dollar.
Fxstreet
Tue, Nov 11
Pound Sterling slumps as UK job market deteriorates further
The Pound Sterling (GBP) falls sharply against its major currency peers on Tuesday. The British currency weakens as the United Kingdom (UK) labour market data for the three months ending September has signaled that job market conditions have deteriorated further.Fxstreet
Tue, Nov 11
