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NZD/USD rises slightly as risk sentiment improves, RBNZ rate cut looms
NZD/USD hovers around 0.5660 on Wednesday at the time of writing, up 0.15% on the day. In New Zealand, a sluggish economic outlook continues to fuel speculation about a potential rate cut by the Reserve Bank of New Zealand (RBNZ).
Fxstreet
Wed, Nov 12
EUR/USD extends winning streak as Dollar slips ahead of key US House vote
The Euro (EUR) edges higher against the US Dollar (USD) on Wednesday, reversing earlier losses as the Greenback’s rebound loses steam ahead of a critical congressional vote to end the record-long US government shutdown.
Fxstreet
Wed, Nov 12
GBP/USD falls towards 1.3100 as UK political tensions weighs on Sterling
The Pound Sterling tumbles during the North American session on Wednesday as reports emerged that Prime Minister Keir Starmer’s leadership was questioned, ahead of the release of UK’s fiscal budget. The GBP/USD tumbles over 0.34% at 1.3105.
Fxstreet
Wed, Nov 12
FOREX-Dollar gains as US government looks to reopen, yen at nine month low
Yen drops amid concerns over Japanese rate policyU.S. government shutdown affects economic data releasesFed divided on rate cuts amid inflation concernsBy Karen Brettell NEW YORK, Nov 12 (Reuters) - The U.S. dollar gained on the euro and yen on Wednesday as traders evaluated what a flood of econo...Reuters
Wed, Nov 12
EUR/GBP hits yearly highs amid UK political tensions and BoE rate-cut bets
The Euro (EUR) extends gains against the British Pound (GBP) on Wednesday as the Sterling weakens across the board following reports of growing tension within the UK Labour Party and speculation over Prime Minister Keir Starmer’s leadership, which has added to political uncertainty ahead of this mon
Fxstreet
Wed, Nov 12
USD/JPY hits levels last seen in February – Scotiabank
The Japanese Yen (JPY) weakened 0.5% against the US Dollar (USD), hitting fresh local lows last seen in February, as traders reacted to Prime Minister Takaichi’s call for closer coordination between the government and the Bank of Japan, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theore
Fxstreet
Wed, Nov 12
Existing EU crypto rules address stablecoin risk, banking regulator says
EBA says MiCA's stablecoin safeguards should be usedESRB and ECB concerned about risks around redemption requestsStablecoin demand growing fast, nearly all in dollarsBy Elizabeth Howcroft PARIS, Nov 12 (Reuters) - Europe's existing crypto rules already contain safeguards against risks pos...Reuters
Wed, Nov 12
CAD little changed and struggling to make headway through 1.40 – Scotiabank
The Canadian Dollar (CAD) is little changed and clearly struggling to make headway through the 1.40 area—which spot has tested four times over the past three days, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Nov 12
USD/CAD consolidates losses near 1.4000, awaiting US reopening
The US Dollar halted its sell-off against its Canadian counterpart on Wednesday, with bears capped above the 1.4000 psychological level, following a 0.7% decline in the previous three trading days. Upside attempts, however, remain capped below 1.4020 for now.Fxstreet
Wed, Nov 12
FOREX-Yen slips to nine-month low; dollar edges up as shutdown set to end
Yen falls to nine-month trough, prompts verbal intervention from officialsWorries about weakening US labour market resurfaceTraders eye US government reopening, still betting on Fed cut in DecemberBy Samuel Indyk and Rae Wee LONDON, Nov 12 (Reuters) - The yen dropped to a nine-month low against t...Reuters
Wed, Nov 12
USD/JPY gains as Yen softens on dovish BoJ stance, US shutdown optimism
USD/JPY trades around 154.85 on Wednesday at the time of writing, up 0.50% on the day. Comments from Japan’s Prime Minister Sanae Takaichi have reignited speculation about a looser fiscal stance and a cautious approach by the Bank of Japan (BoJ) regarding further rate hikes.Fxstreet
Wed, Nov 12
Brazil's fiscal discipline crucial post-2026 election, warns Goldman Sachs
By Fabricio de Castro SAO PAULO, Nov 12 (Reuters) - Brazil's fiscal balance will become a top priority from 2027 regardless of the outcome of next year's presidential election, Goldman Sachs' head of Latin America macroeconomic research, Alberto Ramos, told Reuters.Even if President L...Reuters
Wed, Nov 12
New reflationist members at Japan's top economic panel push for big stimulus
Wakatabe, Nagahama appointed as private-sector members of top economic panelNew stimulus must exceed last year's in size, both sayPM Takaichi's expansionary agenda could complicate BOJ policy By Makiko Yamazaki TOKYO, Nov 12 (Reuters) - Two newly appointed members of the Japanese governme...Reuters
Wed, Nov 12
