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USD/CAD rebounds off 200-DMA – Société Générale
USD/CAD has regained momentum after defending major technical supports, with the pair now eyeing channel resistance near 1.4150 and higher projections toward 1.4240–1.4300, Société Générale's FX analysts note, Société Générale's FX analysts note.
Fxstreet
Fri, Nov 7
RPT-FOREX-Dollar heads for modest weekly rise, balancing 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
Pound Sterling faces pressure amid BoE concerns over UK near-term demand outlook
The Pound Sterling (GBP) trades lower against its major currency peers on Friday, except second-level safe-haven currencies. The British currency has come under pressure after the Bank of England (BoE) decided to hold interest rates steady at 4%, with a narrow majority vote of 5-4.
Fxstreet
Fri, Nov 7
GBP/JPY is pushing against 201.40 resistance supported by a softer Yen
The Pound is gaining momentum on Friday, benefiting from Yen weakness following soft Japanese household spending data. The pair bounced from lows around 200.70 earlier in the day, but is struggling to break above the previous two days’ highs, in the area of 201.40.
Fxstreet
Fri, Nov 7
WRAPUP 4-China's exports suffer worst downturn since Feb as tariffs hammer US demand
Exports slide, worst outcome since Feb, as front-loading effect fadesImport growth slowest in 5 months, highlights soft domestic demandData underline rising pressure on economy as US tariffs shake up global trade By Joe Cash and Ethan Wang BEIJING, Nov 7 (Reuters) - Chinese exports unexpectedly f...Reuters
Fri, Nov 7
Honda Evp Kaihara Profitability Of Internal Combustion Engine And Hybrid Vehicles In Asia Will Be Significantly Worse Than Expected
Nov 7 (Reuters) - Honda Motor Co Ltd 7267.T:HONDA EVP KAIHARA: IN NORTH AMERICA, HYBRID SALES HAVE BEEN RELATIVELY STRONG AND OUR PROFITABILITY HAS IMPROVEDHONDA EVP KAIHARA: WHILE U.S. SALES REMAIN STRONG, THOSE IN CHINA AND ASIA ARE DECLININGHONDA EVP KAIHARA: PROFITABILITY OF INTERNAL COMBUSTIO...Reuters
Fri, Nov 7
Honda: See Fy2025/26 Global Group Retail Sales Of 3.34 Million Vehicles Versus Previous Forecast Of 3.62 Million
TOKYO, Nov 7 (Reuters) - Honda Motor Co Ltd 7267.T:SEE FY2025/26 GLOBAL GROUP RETAIL SALES OF 3.34 MILLION VEHICLES VERSUS PREVIOUS FORECAST OF 3.62 MILLIONSEE FY2025/26 NORTH AMERICA SALES OF 1.57 MILLION VEHICLES VERSUS PREVIOUS FORECAST OF 1.68 MILLIONSEE FY2025/26 ASIA SALES OF 925,000 VEHICLES ...Reuters
Fri, Nov 7
USD/CAD Price Forecast: Eyes fresh six-month highs near 1.4150 within overbought zone
USD/CAD continues its winning streak for the seventh consecutive day, trading around 1.4120 during the European hours on Friday. The technical analysis of the daily chart indicates a prevailing bullish bias, with the pair remaining within the ascending channel pattern.Fxstreet
Fri, Nov 7
FOREX-Dollar rebounds as China trade data disappoints
By Gregor Stuart Hunter SINGAPORE, Nov 7 (Reuters) - The dollar found its footing in Asia on Friday as sterling and the yen lost ground, while weaker-than-expected Chinese trade data cast a chill over the region's markets. The dollar index =USD, which measures the currency's strength a...Reuters
Fri, Nov 7
USD/CHF gains traction above 0.8050 amid US Dollar strength
The USD/CHF pair edges higher to near 0.8075 during the early European session on Friday, bolstered by renewed US Dollar (USD) demand. The preliminary reading of the U-Mich Consumer Sentiment survey will be published later on Friday.
Fxstreet
Fri, Nov 7
EUR/USD trades firmly near 1.1540 on renewed US labor market risks
The EUR/USD pair holds onto Thursday’s gains around 1.1540 during the late Asian trading session on Friday. The major currency pair exhibits strength as the US Dollar (USD) faces selling pressure due to renewed United States (US) labor market concerns.Fxstreet
Fri, Nov 7
USD/INR edges higher despite optimism on US-India trade deal
The Indian Rupee (INR) opens cautiously against the US Dollar (USD) on Friday. The USD/INR pair ticks up to near 88.75 despite hints from United States (US) President Donald Trump that his relations with Indian Prime Minister (PM) Narendra Modi are stable.Fxstreet
Fri, Nov 7
EUR/JPY loses traction to near 176.50 despite ECB’s cautious stance
The EUR/JPY cross loses ground around 176.60 during the Asian session on Friday. The Japanese Yen (JPY) strengthens against the US Dollar on minutes of the Bank of Japan’s (BoJ) September policy meeting and verbal intervention from Japanese officials.
Fxstreet
Fri, Nov 7
