News
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USD/CHF stays below 0.8100 after pulling back from three-month lows
USD/CHF loses ground after five days of gain, retreating after reaching a three-month high of 0.8108 reached in the previous session. The pair is trading around 0.8090 during the European hours on Wednesday, as the US Dollar (USD) remains subdued amid the ongoing US government shutdown.
Fxstreet
Wed, Nov 5
NZD/USD steadies near 0.5650 as China lifts tariffs, NZ jobs data weak
NZD/USD remains flat after experiencing volatility, trading around 0.5650 during the early European hours on Wednesday. The pair recovers its daily losses after China’s Finance Ministry announced that it will lift some tariffs on US agricultural products starting November 10.
Fxstreet
Wed, Nov 5
FOREX-Safe-haven Swiss franc, dollar firm after wave of risk aversion
Asian equities drop sharply following tech-led Wall Street sell-offSterling pinned near 7-month low as UK's Reeves hints at tax hikesNZ dollar dips to 12-year low vs Aussie after jobless rate jumpsBy Kevin Buckland TOKYO, Nov 5 (Reuters) - The risk aversion that blew through foreign-excha...Reuters
Wed, Nov 5
EUR/JPY strengthens above 176.50 on ECB’s cautious stance
The EUR/JPY cross gains traction to around 176.55 during the early European session on Wednesday. The Euro (EUR) strengthens against the Japanese Yen (JPY) as traders expect the European Central Bank (ECB) to adopt a cautious stance in its upcoming policy meeting.
Fxstreet
Wed, Nov 5
GBP/USD posts modest gains above 1.3000, traders await US private payroll data
The GBP/USD pair posts modest gains near 1.3025 during the early European session on Wednesday, bolstered by a softer US Dollar (USD). However, the potential upside for the major pair might be limited, as UK Finance Minister Rachel Reeves hinted at broad tax rises in her budget later this month.
Fxstreet
Wed, Nov 5
Toyota - See Fy2025/26 Global Group-Wide Retail Sales Of 11.3 Million Vehicles Versus Previous Forecast Of 11.2 Million
Nov 5 (Reuters) - Toyota Motor Corp 7203.T:TOYOTA: SEE FY2025/26 GLOBAL GROUP-WIDE RETAIL SALES OF 11.3 MILLION VEHICLES VERSUS PREVIOUS FORECAST OF 11.2 MILLIONTOYOTA: SEE FY2025/26 NORTH AMERICA SALES OF 2.96 MILLION VEHICLES VERSUS PREVIOUS FORECAST OF 2.96 MILLIONTOYOTA: SEE FY2025/26 JAPAN SALE...Reuters
Wed, Nov 5
USD/CAD reaches seven-month highs above 1.4100 amid lower crude Oil prices
USD/CAD continues its winning streak for the fifth consecutive day, trading around 1.4110 during the Asian hours on Wednesday. The pair gains ground as the commodity-linked Canadian Dollar (CAD) faces challenges amid weakening Oil prices.
Fxstreet
Wed, Nov 5
AUD/USD remains subdued near 0.6450 following China’s RatingDog PMI data
AUD/USD continues its losing streak for the sixth consecutive session, trading around 0.6470 during the Asian hours on Wednesday. The pair remains subdued following the release of China's RatingDog Services Purchasing Managers' Index (PMI), which fell to 52.6 in October from 52.9 in September.
Fxstreet
Wed, Nov 5
EUR/USD holds gains near 1.1500 due to cautious tone over ECB policy outlook
EUR/USD halts its five-day losing streak, trading around 1.1490 during the Asian hours on Wednesday. The currency cross inches higher as the Euro (EUR) receives support as traders expect the European Central Bank (ECB) to adopt a cautious stance in its upcoming policy meeting.Fxstreet
Wed, Nov 5
Bank of Japan debated growing case for rate hike, September minutes show
One member saw need to hold to avoid surprising marketsAnother saw timing ripe for hike from Japan economic perspectiveTwo members unsuccessfully proposed a hike to 0.75% in SeptemberSome warned of cost of waiting, favour hike at regular intervalsBOJ kept rate steady in Sept, Oct; focus on Dec meeti...Reuters
Wed, Nov 5
FOREX-Safe-haven yen and dollar shine amid selloff in stocks; NZ dollar slides
Asian equities drop sharply following tech-led Wall Street sell-offNZ dollar drops to 12-year low vs Aussie after jobless rate jumpsSterling near 7-month low as UK finance minister hints at broad tax hikesBy Kevin Buckland TOKYO, Nov 5 (Reuters) - The safe-haven Japanese yen and U.S. dollar garne...Reuters
Wed, Nov 5
New Zealand dollar hits seven-month low as weak jobs seals case for November cut
Kiwi hits seven-month low after weak jobs dataRBNZ seen almost certain to ease by 25 bps on November 26Aussie hits 12-year top on kiwi after RBA holds ratesBy Stella Qiu SYDNEY, Nov 5 (Reuters) - The New Zealand dollar hit a seven-month low on Wednesday after a weak jobs report sealed the case fo...Reuters
Wed, Nov 5
BOJ board debated pros, cons of rate-hike pause, September minutes shows
TOKYO, Nov 5 (Reuters) - Bank of Japan board members in September debated the pros and cons of pausing on further interest rate hikes, with one calling for raising borrowing costs at "somewhat regular intervals", minutes of the meeting showed on Wednesday.Another member said that while waiti...Reuters
Wed, Nov 5
USD/JPY declines to near 153.50 on growing concerns over US government shutdown
The USD/JPY pair attracts some sellers to near 153.65 during the early Asian session on Wednesday. The US Dollar (USD) edges lower against the Japanese Yen (JPY) amid growing concerns over the ongoing US government shutdown.Fxstreet
Tue, Nov 4
