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NZD/USD is sideways-trading between 0.5640 and 0.5680 – UOB Group
New Zealand Dollar (NZD) appears to have entered a sideways-trading phase between 0.5640 and 0.5680. In the longer run, no change in view; NZD 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
Wed, Nov 19
FOREX-Sterling eases after UK inflation, dollar rises ahead of Nvidia results
Sterling eases after UK inflation dataNvidia earnings in focusTrump renews attack on Fed Chair PowellBy Joice Alves and Ozan Ergenay LONDON, Nov 19 (Reuters) - Sterling edged lower on Wednesday after British consumer price inflation fell in October as expected, raising expectations the Bank of E...Reuters
Wed, Nov 19
AUD/USD drops as risk sentiment weakens, Fed rate cut hopes fade
AUD/USD trades lower around 0.6480 on Wednesday, down 0.40% at the time of writing. The Australian Dollar (AUD) is losing ground against the US Dollar (USD), pressured by a sharp deterioration in global risk sentiment.
Fxstreet
Wed, Nov 19
EMERGING MARKETS-EM assets subdued with Nvidia earnings in focus; Hungary extends rate pause
EM stocks down 0.14%, FX flatAll eyes on Nvidia's earnings after Wednesday market closeHungary's central bank keeps base rate steady at 6.5%Russia carries out overnight attack on Ukraine, Kyiv bonds mixedBy Nikhil Sharma Nov 19 (Reuters) - Emerging market assets were subdued on Wednesday ...Reuters
Wed, Nov 19
AUD/USD: Likely to trade with a downward bias toward 0.646 – UOB Group
Instead of continuing to weaken, Australian Dollar (AUD) is more likely to trade in a range between 0.6485 and 0.6530. In the longer run, AUD is likely to trade with a downward bias toward 0.6460, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Nov 19
Sterling edges lower after UK inflation eases as expected
By Ozan Ergenay and Joice Alves LONDON, Nov 19 (Reuters) - Sterling edged lower after data on Wednesday showed British consumer price inflation fell to 3.6% in October, the first drop since May, with traders increasing bets the Bank of England will cut interest rates in December.Consumer price i...Reuters
Wed, Nov 19
EUR/GBP Price Forecast: Looking for direction between 0.8800 and 0.8830
The Euro shows moderate gains at levels near 0.8820 on Wednesday, favoured by broad-based GBP weakness following softer UK inflation data. The pair, however, remains wavering within previous ranges, with the long wicks in the daily chart's candles, highlighting a hesitant market.
Fxstreet
Wed, Nov 19
NZD/USD Price Forecast: Falls toward 0.5600 after pulling back from nine-day EMA
NZD/USD depreciates more than 0.5% after registering modest gains in the previous session, trading around 0.5630 during the European hours on Wednesday. The daily chart’s technical analysis signals a persistent bearish bias as the pair price remains within the descending channel pattern.Fxstreet
Wed, Nov 19
GBP/USD: Upward momentum is starting to slow – UOB Group
Pound Sterling (GBP) is expected to trade between 1.3125 and 1.3175. In the longer run, upward momentum is starting to slow; a breach of 1.3105 would indicate that GBP is likely to range-trade, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Nov 19
ROI-Global funds fear AI investment indigestion: Mike Dolan
By Mike Dolan LONDON, Nov 19 (Reuters) - The problem with the artificial intelligence investment frenzy is no one's quite sure when enough is enough. And that won't be clear until AI registers some hefty future returns, evidence for which still seems both elusive and hard to predict.While...Reuters
Wed, Nov 19
GBP: Another hurdle jumped for December rate cut – MUFG
The October inflation data has just been released in the UK and the data is largely in line with market consensus – that means no nasty surprises that could have raised doubts over the ability of the MPC to cut the key policy rate in December.Fxstreet
Wed, Nov 19
EUR/USD hovers near weekly lows in risk-averse markets
EUR/USD shows marginal gains, trading at 1.1590 at the time of writing on Wednesday after bouncing from the previous day's lows at 1.1570. Still, the pair remains trapped within previous ranges, with the 1.1600 level capping bulls.Fxstreet
Wed, Nov 19
