News
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FOREX-Dollar perky, yen looks peaky as US rate cut bets fade
Yen slides back to where it began the yearEuro falls to $1.1510; Expectations for US cut in December below 25%By Tom Westbrook SINGAPORE, Nov 20 (Reuters) - The dollar was riding high on Thursday after Fed minutes made a December U.S. rate cut seem less likely, and its strong gains against the ye...Reuters
Thu, Nov 20
AUD/USD trades subduedly near 0.6470 ahead of US NFP data
The AUD/USD pair trades marginally lower to near 0.6470 during the European trading session on Thursday. The Aussie pair is under slight pressure as the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades firmly near its over five-month high around 100.30.
Fxstreet
Thu, Nov 20
GBP/USD: Unlikely to break below 1.3000 – UOB Group
Pound Sterling (GBP) could decline further; deeply oversold conditions suggest it is unlikely to break below 1.3000. In the longer run, there is room for GBP to test the significant support level at 1.3000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Nov 20
BOJ policymaker leans towards rate hike despite government pushback
Prices have been 'relatively strong', Koeda saysJapan's real interest rate 'clearly low' vs other countriesBOJ must proceed with normalising interest rate, Koeda saysRemarks suggest Koeda would vote for BOJ rate riseBy Leika Kihara NIIGATA, Japan, Nov 20 (Reuters) - The Bank o...Reuters
Thu, Nov 20
EUR/JPY Price Forecast: Eyes 182.00 after hitting record highs
EUR/JPY extends its winning streak for the fourth successive session, reached fresh all-time high of 181.73 and currently trading around 181.40 during the early European hours on Thursday. The currency cross moves upwards within the ascending channel pattern, suggesting a persistent bullish bias.
Fxstreet
Thu, Nov 20
EUR/GBP softens below 0.8850 despite growing expectations of BoE rate cut
The EUR/GBP cross loses momentum to near 0.8820 during the early European session on Thursday. Nonetheless, the potential downside for the cross might be limited, as weakening UK economic data have increased expectations for a Bank of England (BoE) interest rate cut in December.
Fxstreet
Thu, Nov 20
Japan's bonds, currency slide as fiscal concerns mount
By Rocky Swift and Junko Fujita TOKYO, Nov 20 (Reuters) - Japanese government bonds (JGBs) slid sharply on Thursday, sending 30-year yields to an all-time high, as concerns mounted over the country's fiscal health and the yen's depreciation to a 10-month low.The 30-year JGB yield JP30YTN=...Reuters
Thu, Nov 20
GBP/USD gains traction above 1.3050 ahead of delayed US NFP release
The GBP/USD pair trades with mild gains near 1.3060, snapping the four-day losing streak, during the early European session on Thursday. Markets might turn cautious later in the day ahead of the release of the delayed US September Nonfarm Payrolls (NFP) report.Fxstreet
Thu, Nov 20
Australia, NZ dollars nurse heavy losses as US rate cut bets crumble
By Stella Qiu SYDNEY, Nov 20 (Reuters) - The Australian and New Zealand dollars nursed heavy losses on Thursday as a sharp pullback in Federal Reserve interest rate cut bets turbocharged the greenback, with their near-term fate now depending on the U.S. jobs data due later in the day. The...Reuters
Thu, Nov 20
FOREX-Yen slumps, dollar jumps as US rate cut bets recede
Yen slides back to where it began the yearEuro falls to $1.1510; Kiwi hits 7-month lowExpectations for US cut in December below 25%By Tom Westbrook SINGAPORE, Nov 20 (Reuters) - The dollar was riding high on Thursday after notching its sharpest gain in six weeks as Fed minutes made a December U.S...Reuters
Thu, Nov 20
