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EUR/JPY Price Forecast: Constructive outlook remains in play above 177.00
The EUR/JPY cross trades with mild gains near 177.15 during the early European session on Thursday. The Japanese Yen (JPY) softens against the Euro (EUR) amid improved risk sentiment.
EUR/JPY
Fxstreet
Thu, Nov 6
USD/INR opens cautiously on hopes of RBI intervention to support Indian Rupee
The Indian Rupee (INR) opens on a slightly positive note against the US Dollar (USD) on Thursday after Indian markets remained closed on Wednesday on the occasion of Prakash Gurpurb Sri Guru Nanak Dev.
Fxstreet
Thu, Nov 6
GBP/USD holds gains above 1.3050 ahead of BoE policy decision
GBP/USD extends its gains for the second successive session, trading around 1.3060 during the Asian hours on Thursday. The pair holds gains as the Pound Sterling (GBP) receives support ahead of the Bank of England’s (BoE) interest rate decision due later in the day.
GBP/USD
Fxstreet
Thu, Nov 6
EUR/USD strengthens above 1.1500 ahead of German Industrial Production, Eurozone Retail Sales data
The EUR/USD pair gains traction to around 1.1505 during the Asian trading hours on Thursday. Improved risk sentiment provides some support to the riskier assets such as the Euro (EUR). Traders brace for German Industrial Production and Eurozone Retail Sales later on Thursday.
EUR/USD
Fxstreet
Thu, Nov 6
India Morning Newsletter, November 6
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at:https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Thu, Nov 6
Japanese Yen strengthens amid reviving BoJ rate hike bets; lacks bullish conviction
The Japanese Yen (JPY) attracts some buying during the Asian session on Thursday and, for now, seems to have stalled its sharp retracement slide from the weekly low touched against a bullish US Dollar (USD) the previous day.
USD/JPY
Fxstreet
Thu, Nov 6
USD/CAD trades near 1.4100 after pulling back from seven-month highs
USD/CAD takes a breather after reaching a seven-month high of 1.4140 in the previous session, trading around 1.4100 during the Asian hours on Thursday. The pair holds slight losses as the US Dollar (USD) declines despite a stronger-than-expected US economic data release on Wednesday.
USD/CAD
Fxstreet
Thu, Nov 6
Australia, NZ dollars cling to risk-fuelled gains after days of losses
SYDNEY, Nov 6 (Reuters) - The Australian and New Zealand dollars held onto overnight gains on Thursday after snapping a five-day losing streak, as global stocks staged a comeback to counter worries about stretched valuations.The Aussie AUD=D3 was flat at $0.6502, having been up from a three-week low...
Reuters
Thu, Nov 6
Australian Dollar remains steady following Trade Balance data
Australian Dollar (AUD) moves little against the US Dollar (USD) on Thursday, after registering more than 0.25% gains in the previous session. The AUD/USD pair remains steady following the release of Australia’s Trade Balance data.
AUD/USD
Fxstreet
Thu, Nov 6
PBOC sets USD/CNY reference rate at 7.0865 vs. 7.0901 previous
On Thursday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0865 compared to the previous day's fix of 7.0901 and 7.1222 Reuters estimate.
USD/CNH
Fxstreet
Thu, Nov 6
FOREX-Dollar dips from peaks, sterling squeezed ahead of BoE
AUD, NZD bounce as stock market mood recoversUS yields higher on data and debt outlookBoE likely to strike a dovish tone at 1200 GMTBy Tom Westbrook SINGAPORE, Nov 6 (Reuters) - The dollar held just below multi-month highs on Thursday, with a recovery in appetite for riskier assets pulling it off...
Reuters
Thu, Nov 6
NZD/USD recovers some lost ground above 0.5650 despite a weak New Zealand jobs report
The NZD/USD pair recovers some lost ground to near 0.5665, snapping the five-day losing streak during the early Asian session on Thursday. Nonetheless, the potential upside for the New Zealand Dollar (NZD) might be limited after the country’s Unemployment Rate rose to the highest level since 2016.
NZD/USD
Fxstreet
Thu, Nov 6
GBP/USD finds a weak floor ahead of BoE rate call
GBP/USD grappled with a near-term technical floor on Wednesday, finding some breathing room just north of 1.3000. A thin, dead-cat-style bounce has greeted Cable traders following several weeks of one-sided declines.
GBP/USD
Fxstreet
Wed, Nov 5
USD/JPY gathers strength above 154.00 as US private payrolls rebound in October
The USD/JPY pair attracts some buyers to around 154.05 during the early Asian session on Thursday.
USD/JPY
Fxstreet
Wed, Nov 5
GBP/JPY Price Forecast: Rebounds above 201.00 but upside limited
The GBP/JPY shows signs of recovery on Wednesday, trades above the 50-day Simple Moving Average (SMA) of 200.97, after hitting a daily low of 199.61 earlier in the session. At the time of writing, the pair trades at 201.10, up 0.53%.
GBP/JPY
Fxstreet
Wed, Nov 5
When is the Australian Trade Data and how could it affect AUD/USD?
The Australian Bureau of Statistics will publish its data for August on Thursday at 00.30 GMT. Trade surplus is expected to widen to 3,850M MoM in September, compared to 1,825M in the previous reading.
AUD/USD
Fxstreet
Wed, Nov 5
Granite REIT Q3 revenue slightly beats expectations
OverviewGranite REIT Q3 revenue slightly beats analyst expectationsNet operating income for Q3 rises Granite announces 4.4% distribution increase effective December 2025OutlookGranite REIT raises 2025 FFO per unit forecast to C$5.83-C$5.90Granite REIT increases 2025 AFFO per unit forecast to C$5.03-...
Reuters
Wed, Nov 5
Savaria Q3 revenue misses estimates
OverviewSavaria Q3 revenue rose 5.2% yr/yr but missed analyst expectationsAdjusted EPS for Q3 met analyst expectationsAdjusted EBITDA for Q3 beat analyst expectationsOutlookSavaria forecasts fiscal 2025 projects revenue of approximately $925 mlnCompany expects adjusted EBITDA margin slightly above 2...
Reuters
Wed, Nov 5
EUR/USD steadies near 1.15 as traders scale back Fed rate-cut bets
EUR/USD consolidates at around 1.1480 on Wednesday, snapping five days of losses after economic data in the US prompted investors to grow less confident about a rate cut by the Federal Reserve (Fed) at the December meeting. At the time of writing, the pair trades unchanged at 1.1484.
EUR/USD
Fxstreet
Wed, Nov 5
Brazil Interest Rate Decision meets expectations (15%)
Brazil Interest Rate Decision meets expectations (15%)
Fxstreet
Wed, Nov 5
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