News
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GBP/USD moves below 1.3150 as traders expect BoE rate cut in December
GBP/USD extends its losses for the second successive day, trading around 1.3140 during the Asian hours on Wednesday. The pair depreciates as the Pound Sterling (GBP) struggles amid growing expectations that the Bank of England (BoE) will cut interest rates in December.
Fxstreet
Wed, Nov 12
EUR/USD remains near 1.1600 as ECB holds steady, Fed easing eyed
EUR/USD remains steady after five days of gains, trading around 1.1580 during the Asian hours on Wednesday. The pair may continue its winning streak as the Euro (EUR) could further gain amid a cautious tone surrounding the European Central Bank (ECB) policy outlook.
Fxstreet
Wed, Nov 12
USD/CAD holds gains above 1.4000 as US government shutdown nears end
USD/CAD edges higher after three days of losses, trading around 1.4010 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) gains support from the ongoing process to reopen the United States (US) government.
Fxstreet
Wed, Nov 12
INDIA RUPEE-Rupee looks to build on modest momentum on trade deal hopes, Fed rate cut bets
By Nimesh Vora MUMBAI, Nov 12 (Reuters) - The Indian rupee will look to build on the modest momentum from the previous session on Wednesday, aided by optimism over a potential U.S.-India trade deal and U.S. data that made it more likely that the Federal Reserve will cut rates again next month. ...Reuters
Wed, Nov 12
Japanese Yen languishes near multi-month low against USD amid BoJ uncertainty
The Japanese Yen (JPY) continues its struggle to attract any meaningful buyers during the Asian session on Wednesday and languishes near the lowest level since February 13, touched against its American counterpart the previous day.
Fxstreet
Wed, Nov 12
Australian Dollar declines as US Dollar gains amid nearing government shutdown end
The Australian Dollar (AUD) weakens against the US Dollar (USD) on Wednesday, extending its losses for the second successive session. The AUD/USD pair declines as the US Dollar (USD) gains support from the ongoing process to reopen the United States (US) government.
Fxstreet
Wed, Nov 12
NZD/USD edges lower to near 0.5650 as US government shutdown end in sight
The NZD/USD pair declines to around 0.5655 during the early Asian session on Wednesday. Optimism over a potential deal to end the US government shutdown provides some support to the US Dollar (USD) against the New Zealand Dollar (NZD).
Fxstreet
Wed, Nov 12
FOREX-Dollar eases as traders eye December Fed cut on weakening US jobs market
Worries about weakening U.S. labour market resurfaceTraders ramp up bets of Fed cut in DecemberDollar weak, yen pinned near nine-month lowBy Rae Wee SINGAPORE, Nov 12 (Reuters) - The dollar eased on Wednesday after private-sector U.S. jobs data stoked worries about the health of the labour market...Reuters
Wed, Nov 12
GBP/USD rebound challenged by downbeat UK labor data
GBP/USD hit a fresh bearish challenge on Tuesday, hitting a snag and snapping a four-day winning streak. The pair remains hamstrung just south of the 1.3200 handle, and Cable traders will need a fresh shock to push Pound Sterling (GBP) bids back onto the high side.Fxstreet
Tue, Nov 11
USD/CHF Price Forecast: Extends slide toward 0.8000
The USD/CHF dives for the fourth consecutive day, trades at around 0.8000 after losing 0.55% late Tuesday, during the North American session. Worse than expected US economic data, and a tariff reduction to Switzerland, boosted the Swiss Franc during the trading session.
Fxstreet
Tue, Nov 11
USD/JPY holds positive ground above 154.00 as US Senate moves to end shutdown
The USD/JPY pair trades in positive territory near 154.10 during the early Asian session on Wednesday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) amid optimism over a potential deal to end the US government shutdown.Fxstreet
Tue, Nov 11
EUR/USD rises to 1.1590 as weak US data pressures Dollar
The Euro advances during the North American session posting gains of 0.30% as the Greenback tumbles on worse than expected US ADP jobs data and business turning pessimistic on the economic outlook. The EUR/USD trades at 1.1590 after bouncing of daily lows of 1.1547.Fxstreet
Tue, Nov 11
FOREX-Dollar slides, euro and yen gain as US labor market weakens
US labor market weakens, dollar drops against euro and yenADP report shows private employers cut jobs in OctoberEuro gains on stable ECB policy, Fed expected to ease ratesBy Karen Brettell Nov 11 (Reuters) - The U.S. dollar weakened against the euro and yen on Tuesday on concerns about the deteri...Reuters
Tue, Nov 11
USD/JPY steadies near 154.00 as markets weigh weak US jobs data and cautious BoJ stance
The Japanese Yen (JPY) trades little changed against the US Dollar (USD) on Tuesday, with USD/JPY showing limited direction despite a softer Greenback as investors remain cautious over the Bank of Japan’s (BoJ) monetary policy path.Fxstreet
Tue, Nov 11
AUD/USD pulls back as upbeat Aussie data meets US political relief
AUD/USD trades slightly lower on Tuesday, hovering around 0.6530 at the time of writing, down 0.15% on the day. After reaching a weekly high at 0.6540 on Monday, the pair is consolidating amid hesitant market sentiment.Fxstreet
Tue, Nov 11
EUR/GBP Price Forecast: Technical outlook remains constructive as pair eyes breakout above 0.8830
The Euro (EUR) trades on the front foot against the British Pound (GBP) on Tuesday as the Pound comes under pressure following weak UK labor market data. At the time of writing, EUR/GBP is trading around 0.8800, up nearly 0.30% on the day.
Fxstreet
Tue, Nov 11
GBP/USD flat as UK unemployment rise boosts BoE rate cut expectations
The Pound Sterling recovers some ground and trims some earlier losses on Tuesday following the release of softer than expected labor market figures in the UK, increasing speculation that the Bank of England could cut ratees at the December meeting.Fxstreet
Tue, Nov 11
