News
Important Only
USD/JPY remains on the back foot below 156.00; BoJ-Fed policy divergence favors bears
The USD/JPY pair struggles to capitalize on the previous day's move higher to levels beyond the 156.00 mark and edges lower during the Asian session on Wednesday. Spot prices currently trade around the 155.75 region, though the downtick lacks follow-through or a bearish conviction.
Fxstreet
Wed, Dec 3
EUR/USD Price Forecast: Extends the rally to near 1.1650 as bullish momentum holds above 100-EMA
The EUR/USD pair extends its upside to around 1.1635 during the Asian trading hours on Wednesday. Signals that the European Central Bank (ECB) is done cutting interest rates provide some support to the Euro (EUR) against the US Dollar (USD).
Fxstreet
Wed, Dec 3
Australian dollar scales 3-week peak as yield spreads widen
By Wayne Cole SYDNEY, Dec 3 (Reuters) - The Australian dollar hit three-week highs on Wednesday as a reading on economic growth fell short of forecasts but showed more than enough underlying strength to keep yield spreads fattening in its favour. Data showed gross domestic product rose 0.4% in th...Reuters
Wed, Dec 3
FACTBOX-Global investment houses forecast Chinese yuan rising past key 7 mark in 2026
SHANGHAI, Dec 3 (Reuters) - Some investment houses expect the Chinese yuan to strengthen beyond the psychologically critical 7-yuan-per-dollar mark for the first time since 2023 next year, underpinned by narrowing yield differentials with the United States and prospects for easing trade tensions.Chi...Reuters
Wed, Dec 3
FOREX-Dollar takes a breather ahead of Fed
Aussie dips after GDP missDollar/yen steadies at 155.70 with rate hike eyedUS expected to cut rates next week SINGAPORE, Dec 3 (Reuters) - The dollar was becalmed on Wednesday, as other assets hogged the limelight, though investors looking ahead to 2026 were starting to position for U.S. rate cut...Reuters
Wed, Dec 3
GBP/USD tepid near 1.3200 as rate watchers look on
GBP/USD cycled around the 1.3200 level on Tuesday as Cable traders keep their heads down during the long wait for further signs of interest rate cuts from both the Federal Reserve (Fed) and the Bank of England (BoE) heading into the final weeks of 2025.Fxstreet
Wed, Dec 3
EUR/USD jumps as growing Fed-cut bets and risk-on mood lift Euro
The EUR/USD registers modest gains of 0.12% late on Tuesday during the North American session, as risk-appetite improves. Expectations for another Fed rate cut in December and Eurozone’s elevated inflation reading, keep the shared currency bid.Fxstreet
Tue, Dec 2
FOREX-Dollar rebounds vs yen; euro firmer after inflation data
Trump says potential Fed chair is present as he introduces Kevin HassettBOJ December rate hike bets intactEuro zone inflation ticks up, pointing to steady ECB ratesBitcoin rebounds after sharp selloffBy Saqib Iqbal Ahmed NEW YORK, Dec 2 (Reuters) - The dollar regained ground against the yen on Tu...Reuters
Tue, Dec 2
FOREX-Dollar rebounds vs yen, euro steady after inflation data
BOJ Dec rate hike bets intactEuro zone inflation ticks up, pointing to steady ECB ratesBitcoin rebounds after sharp selloffBy Saqib Iqbal Ahmed NEW YORK, Dec 2 (Reuters) - The dollar regained ground against the yen on Tuesday, recovering from Monday's selloff, even as expectations for a Decem...Reuters
Tue, Dec 2
Global financial system must adapt to better serve economy, UN trade agency says
By Catarina DemonyLONDON, Dec 2 (Reuters) - The financial system risks undermining global trade if it fails to adapt to the economy's needs, with developing countries likely to suffer the most, the UN Trade and Development Agency said on Tuesday.Shifts in financial markets now drive global trade...Reuters
Tue, Dec 2
CANADA FX DEBT-Canadian dollar edges higher as investors await key jobs data
Canadian dollar gains 0.1% against the greenbackTrades in a range of 1.3976 to 1.4014Price of US oil declines 0.5%10-year yield touches its highest since September 5By Fergal Smith TORONTO, Dec 2 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Tuesday but the gain was...Reuters
Tue, Dec 2
