News
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GBP/JPY Price Forecast: Bulls defend key 200.00 support amid fading momentum
GBP/JPY trades slightly lower on Friday, hovering around 200.75 at the time of writing, and remains on track for its second consecutive weekly loss. The pair has stabilized after sharp mid-week selling that drove prices to a one-month low, filling the bullish gap from October 6.
Fxstreet
Fri, Nov 7
FOREX-Dollar on track for flat week amid Fed outlook, US data; China eyed
Dollar kicked off five-day winning streak after Fed signals last weekMarkets overreacting to labour market hints, Jefferies saysWeak Chinese trade data may spell trouble for the euro zoneYen still seen as the leading defensive hedgeBy Stefano Rebaudo Nov 7 (Reuters) - The U.S. dollar was set to e...Reuters
Fri, Nov 7
NZD/USD might weaken to 0.5600 next – UOB Group
There is room for New Zealand Dollar (NZD) to edge lower, but any decline is likely part of a lower range of 0.5620/0.5650. In the longer run, downward pressure has increased; NZD could weaken to 0.5600 next, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Nov 7
AUD/USD holds key support level of 0.6450 as RBA dovish bets cool down
The AUD/USD pair stays above its key support level of 0.6450 from Wednesday. During the European trading session on Friday, the Aussie pair trades 0.1% higher to near 0.6490 as the Australian Dollar (AUD) outperforms its peers.
Fxstreet
Fri, Nov 7
AUD/USD: Major support at 0.6445 is unlikely to come under threat – UOB Group
Australian Dollar (AUD) could test 0.6460; the major support at 0.6445 is unlikely to come under threat. In the longer run, outlook for AUD is negative now, but last month’s low near 0.6445 may not come into view so soon, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Nov 7
GBP/USD slides below 1.3100 after BOE dovish hold – BBH
GBP/USD is down under 1.3100 after recovering to a high around 1.3140 overnight. The Bank of England (BOE) delivered a dovish hold yesterday. The BOE left the policy rate at 4.00% (70% priced-in) and signaled the bar is low to resume easing at the next December meeting, BBH FX analysts report.
Fxstreet
Fri, Nov 7
REFILE-Pound set for third consecutive weekly fall versus euro and dollar
By Stefano Rebaudo Nov 7 (Reuters) - Sterling was headed for its third straight weekly loss against the dollar and the euro on Friday as investors digested the Bank of England’s rate decision and looked ahead to the government’s budget later this month.A narrow vote and signs that BoE Governor An...Reuters
Fri, Nov 7
FOREX-Dollar heads for modest weekly rise, weighing Fed outlook and US data
Dollar kicked off five-day winning streak after Fed signals last weekMarkets overreacting to labour market hints, Jefferies saysWeak Chinese trade data may spell trouble for the euro zoneYen still seen as the leading defensive hedgeBy Stefano Rebaudo Nov 7 (Reuters) - The U.S. dollar was on track...Reuters
Fri, Nov 7
EMERGING MARKETS-EM stocks on track for weekly drop as global sentiment sours
EM stocks drop 0.9%, FX down 0.1%Czech central bank holds rates steadyTrump to meet Hungary's Orban to discuss Russian oilS&P to publish ratings review for Poland on FridaySri Lanka unveils 2026 budget, says country to regain economic output By Nikhil Sharma Nov 7 (Reuters) - Emerging mar...Reuters
Fri, Nov 7
