Search
News
Important Only
USD/CAD consolidates losses near 1.4000, awaiting US reopening
The US Dollar halted its sell-off against its Canadian counterpart on Wednesday, with bears capped above the 1.4000 psychological level, following a 0.7% decline in the previous three trading days. Upside attempts, however, remain capped below 1.4020 for now.
Fxstreet
Wed, Nov 12
USD/JPY gains as Yen softens on dovish BoJ stance, US shutdown optimism
USD/JPY trades around 154.85 on Wednesday at the time of writing, up 0.50% on the day. Comments from Japan’s Prime Minister Sanae Takaichi have reignited speculation about a looser fiscal stance and a cautious approach by the Bank of Japan (BoJ) regarding further rate hikes.
Fxstreet
Wed, Nov 12
Hopes rest on further USD weakness for the time being – Commerzbank
The Canadian Dollar (CAD) has performed poorly once again this year. Only the Japanese yen and the New Zealand Dollar (NZD) have appreciated less against the US Dollar (USD) than the CAD after a period of weakness in recent months, Commerzbank's FX analyst Michael Pfister notes.Fxstreet
Wed, Nov 12
AUD/USD: Price movements are likely part of a range-trading phase – UOB Group
The current price movements are likely part of a range-trading phase between 0.6510 and 0.6540. In the longer run, AUD is likely to edge higher within a higher range of 0.6490/0.6580, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Nov 12
GBP/USD: Likely to edge higher within a range of 1.3065/1.3230 – UOB Group
Pound Sterling (GBP) is likely to trade in a range between 1.3120 and 1.3185. In the longer run, GBP is likely to edge higher within a range of 1.3065/1.3230, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Nov 12
USD/JPY tests 155 as Tokyo fix buying lifts pair – ING
The US Dollar (USD) recovered overnight after a brief dip on weaker ADP jobs data, with USD/JPY leading gains toward the key 155 resistance. Buying around the Tokyo fix and ongoing investment inflows into the US are keeping the pair supported, even as Japanese officials step up verbal warnings.Fxstreet
Wed, Nov 12
GBP: British labor market sends out warning signals again – Commerzbank
The British Chancellor of the Exchequer was probably hoping for a better labour market report that indicates that the underlying trend is stronger than anticipated, providing her with greater flexibility in her upcoming budget, Commerzbank's FX analyst Michael Pfister notes.Fxstreet
Wed, Nov 12
GBP/JPY Price Forecast: Pound pierces 203.30 resistance amid Yen weakness
The Pound has shrugged off the negative pressure from the weak UK employment data seen on Tuesday and bounced up from levels below 202.5, to break the 203.30 resistance area, hitting session highs above 203.50 for the first time since late October.
Fxstreet
Wed, Nov 12
AUD/USD rises to near 0.6550 ahead of Australian employment data
The AUD/USD pair moves higher to near 0.6550 during the European trading session on Wednesday. The Aussie pair gains as the Australian Dollar (AUD) outperforms on hopes that the Reserve Bank of Australia (RBA) will maintain a restrictive monetary policy stance in its upcoming policy meetings.Fxstreet
Wed, Nov 12
EUR/JPY Price Forecast: Reaches fresh highs above 179.00 near wedge resistance
EUR/JPY continues its winning streak for the fourth successive session, trading around 179.10 during the European hours on Wednesday. The currency cross is testing resistance within a bearish pattern, trading near the upper boundary of an ascending wedge pattern.Fxstreet
Wed, Nov 12
Featured Tools
Top News
Seagate Shares Tumble Nearly 7% Monday, Dragging Down Memory Chip Sector; Is the Memory Chip Sector Set for a Major Correction?
Could Microsoft Stock Reach $1,000? A Complete 2026-2030 Forecast and Evaluation
SpaceX’s 2 Trillion IPO’s Potential Impact on Tesla Shareholders: Facts, Speculations and Three Verifiable Observation Signals
Nvidia Reports After the Bell Today — Five Things That Will Move NVDA After the Close
Fed Meeting Minutes Preview: What Signals to Watch For?
