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Australian Dollar remains stronger following PBoC interest rate decision
The Australian Dollar (AUD) holds ground against the US Dollar (USD) on Thursday following the People’s Bank of China (PBoC) interest rate decision. China's central bank announced to leave its Loan Prime Rates (LPRs) unchanged in November.
Fxstreet
Thu, Nov 20
NZD/USD holds positive ground above 0.5600 as PBOC holds rates
The NZD/USD pair recovers some lost ground around 0.5605 during the early European session on Thursday. The upside for the pair might be limited, as the imminent rate cut from the Reserve Bank of New Zealand (RBNZ) could weigh on the New Zealand (NZD) against the US Dollar (USD).
Fxstreet
Thu, Nov 20
Canadian Dollar scrubs recent gains as Greenback returns to the forefront
The Canadian Dollar (CAD) tumbled backward on Wednesday, falling over 0.6% against the US Dollar (USD) top-to-bottom before ending Wednesday in the red by 0.55% and putting the USD/CAD pair back into its highest bids in eight trading sessions.
Fxstreet
Wed, Nov 19
GBP/JPY Price Forecast: Bulls in control, hit fresh YTD high above 205.00
The GBP/JPY rallies to a fresh six-week and yearly high above the 205.00 figure, posts gain of over 0.40% or 80 pips as the Bank of Japan Governor Kazuo Ueda met with the Japanese Finance Minister. The cross-pair trades at 205.07 virtually unchanged as Thursday’s Asian session gets underway.
Fxstreet
Wed, Nov 19
USD/JPY jumps above 157.00 amid Fed rate cut uncertainty
The USD/JPY pair climbs to near 157.05, the highest since January 15, during the early Asian session on Thursday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) as traders assess the latest Federal Open Market Committee (FOMC) Minutes.Fxstreet
Wed, Nov 19
EUR/USD tumbles after Fed minutes obliterate December easing bets
EUR/USD drops over 0.49% on Wednesday as the minutes of the Federal Reserve hinted the central bank could skip an interest rate cut at the December meeting, according to October’s meeting minutes. The pair trades at 1.1524, after hitting a daily low shy of 1.1600.
Fxstreet
Wed, Nov 19
New Zealand Dollar declines amid risk aversion, RBNZ rate cut expectations
NZD/USD trades around 0.5600 at the time of writing on Wednesday, down 1.10% on the day, hitting a new eight-month low as disappointing New Zealand data and a broader deterioration in risk sentiment weigh heavily on the currency.Fxstreet
Wed, Nov 19
GBP/USD edges lower to 1.3120 as soft UK CPI boosts BoE easing outlook
The GBP/USD edges modestly lower on Wednesday as inflation in the UK ticked lower in October, increasing the chance of a possible interest rate cut by the Bank of England (BoE). At the time of writing, the pair trades at 1.3120 after reaching a peak of 1.3154.Fxstreet
Wed, Nov 19
EUR/GBP eases after steady inflation data; focus shifts to UK Budget
The Euro (EUR) pares back early strength against the British Pound (GBP) on Wednesday as traders digest a fresh round of inflation data from both the United Kingdom and the Eurozone. At the time of writing, EUR/GBP is trading around 0.8817, retreating from an intraday high near 0.8839.
Fxstreet
Wed, Nov 19
EUR/USD is flat and outperforming on crosses – Scotiabank
The Euro (EUR) is entering Wednesday’s NA session flat against the US Dollar (USD) as it outperforms all of the G10 currencies in an environment of broad-based USD strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Wed, Nov 19
USD/CHF climbs as Swiss GDP contraction weighs on Franc, US Dollar steadies
USD/CHF trades higher on Wednesday, around 0.8020 at the time of writing, rising 0.30% on the day. The pair extends its rebound from last week’s one-month low near 0.7880, supported by a combination of fundamental drivers.
Fxstreet
Wed, Nov 19
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