News
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Euro loses traction against Pound after weak Eurozone Industrial Production
The Euro (EUR) is easing slightly against the British Pound (GBP) on Thursday after earlier climbing to a fresh year-to-date high of 0.8843. At the time of writing, EUR/GBP is trading around 0.8826, snapping a two-day winning streak as traders reacted to disappointing Eurozone data.
Fxstreet
Thu, Nov 13
US economic data will not include jobless rate for October, Hassett says
WASHINGTON, Nov 13 (Reuters) - Data on the U.S. unemployment rate for October may never be available after the weeks-long federal government shutdown, White House economic Adviser Kevin Hassett said on Thursday as federal workers returned to work. "The household survey wasn't conducted in Oc...Reuters
Thu, Nov 13
White House to make housing recommendations within months, Hassett says
WASHINGTON, Nov 13 (Reuters) - White House economic adviser Kevin Hassett on Thursday said the Trump administration is weighing steps to address housing affordability, with advisers set to make recommendations "in the next few weeks to months.""The 50-year mortgage is something that'...Reuters
Thu, Nov 13
GBP buoyed by broader developments – Scotiabank
The Pound Sterling (GBP) is up 0.2% against the US Dollar (USD), a mid-performer among the G10 in an environment of broad-based USD weakness driven by sentiment, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Thu, Nov 13
CAD edges fractionally higher – Scotiabank
The Canadian Dollar (CAD) continues to lean quite hard on the 1.40 zone but, even with the USD slipping broadly on the day, cannot secure a clear push under the figure zone, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Thu, Nov 13
NZD/USD stabilises as New Zealand labour market concerns grow, Fed rate cuts eyed
NZD/USD trades around 0.5660 on Thursday at the time of writing, virtually unchanged on the day, after failing to extend its three-day winning streak. The pair edges lower, weighed down by the softness of the New Zealand Dollar (NZD) amid rising concerns about the country’s labour market.
Fxstreet
Thu, Nov 13
FOREX-Dollar dips as US government shutdown ends; yen hits record low versus euro
Yen drops despite verbal intervention from finance ministerPound dips after data shows UK economy barely grew in Q3Markets set for US data flood after government shutdown endsBy Kevin Buckland and Amanda Cooper TOKYO/LONDON, Nov 13 (Reuters) - The dollar eased on Thursday after U.S. President Don...Reuters
Thu, Nov 13
Sterling edges up, gains tempered by soft UK growth data
By Amanda Cooper LONDON, Nov 13 (Reuters) - The pound rose on Thursday, as a deal in Washington to reopen the U.S. government after the longest shutdown on record drew investors to more volatile assets, though gains were tempered by data showing the UK economy barely grew in the third quarter.The...Reuters
Thu, Nov 13
AUD/USD jumps to near 0.6580 on strong Aussie labor market data
The AUD/USD pair climbs to near 0.6580 during the European trading session on Thursday, the highest level seen in almost two weeks. The Aussie pair strengthens as the Australian Dollar (AUD) outperforms its peers, following the release of the strong Australian employment numbers for October.
Fxstreet
Thu, Nov 13
USD/JPY: Likely to rise further and potentially test 155.20 – UOB Group
US Dollar (USD) could rise further and potentially test 155.20; any further advance is unlikely to reach 155.55. In the longer run, the price action suggests USD is likely to trade with an upside bias; any gains may be capped near 155.55, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Nov 13
GBP/JPY remains steady above 203.00 despite UK GDP disappointment
The Pound remains moderately bid against the Japanese Yen on Thursday, and holds previous days’ gains at levels near two-week highs at the 203.50 area, unfazed by a raft of weaker-than-expected UK economic figures released earlier on the day.
Fxstreet
Thu, Nov 13
RPT-ROI-Markets face down 2025's upheavals with puzzling ease: Mike Dolan
By Mike DolanLONDON, Nov 13 (Reuters) - A turbulent 2025 has been remarkable as much for what didn't break as for what did. Financial markets and the wider global economy are looking to end the year in a fairly serene state despite Washington's bid to rewrite the global economic rulebook.The...Reuters
Thu, Nov 13
NZD/USD: Likely to trade in a range between 0.5605 and 0.5695 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.5640 and 0.5670. In the longer run, weakness in NZD has stabilized; for the time being, it is likely to trade in a range between 0.5605 and 0.5695, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Nov 13
USD/CHF drops as US Dollar weakens on government reopening, Fed outlook
USD/CHF trades lower on Thursday, hovering around 0.7950, down 0.30% at the time of writing. The pair extends its corrective move, pressured by broad weakness in the US Dollar (USD) as risk appetite improves following the reopening of the US federal government.
Fxstreet
Thu, Nov 13
