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NZD/USD edges lower to near 0.5650 as US government shutdown end in sight
The NZD/USD pair declines to around 0.5655 during the early Asian session on Wednesday. Optimism over a potential deal to end the US government shutdown provides some support to the US Dollar (USD) against the New Zealand Dollar (NZD).
Fxstreet
Wed, Nov 12
GBP/USD rebound challenged by downbeat UK labor data
GBP/USD hit a fresh bearish challenge on Tuesday, hitting a snag and snapping a four-day winning streak. The pair remains hamstrung just south of the 1.3200 handle, and Cable traders will need a fresh shock to push Pound Sterling (GBP) bids back onto the high side.
Fxstreet
Tue, Nov 11
USD/CHF Price Forecast: Extends slide toward 0.8000
The USD/CHF dives for the fourth consecutive day, trades at around 0.8000 after losing 0.55% late Tuesday, during the North American session. Worse than expected US economic data, and a tariff reduction to Switzerland, boosted the Swiss Franc during the trading session.
Fxstreet
Tue, Nov 11
USD/JPY holds positive ground above 154.00 as US Senate moves to end shutdown
The USD/JPY pair trades in positive territory near 154.10 during the early Asian session on Wednesday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) amid optimism over a potential deal to end the US government shutdown.
Fxstreet
Tue, Nov 11
EUR/USD rises to 1.1590 as weak US data pressures Dollar
The Euro advances during the North American session posting gains of 0.30% as the Greenback tumbles on worse than expected US ADP jobs data and business turning pessimistic on the economic outlook. The EUR/USD trades at 1.1590 after bouncing of daily lows of 1.1547.
Fxstreet
Tue, Nov 11
USD/JPY steadies near 154.00 as markets weigh weak US jobs data and cautious BoJ stance
The Japanese Yen (JPY) trades little changed against the US Dollar (USD) on Tuesday, with USD/JPY showing limited direction despite a softer Greenback as investors remain cautious over the Bank of Japan’s (BoJ) monetary policy path.Fxstreet
Tue, Nov 11
AUD/USD pulls back as upbeat Aussie data meets US political relief
AUD/USD trades slightly lower on Tuesday, hovering around 0.6530 at the time of writing, down 0.15% on the day. After reaching a weekly high at 0.6540 on Monday, the pair is consolidating amid hesitant market sentiment.
Fxstreet
Tue, Nov 11
EUR/GBP Price Forecast: Technical outlook remains constructive as pair eyes breakout above 0.8830
The Euro (EUR) trades on the front foot against the British Pound (GBP) on Tuesday as the Pound comes under pressure following weak UK labor market data. At the time of writing, EUR/GBP is trading around 0.8800, up nearly 0.30% on the day.
Fxstreet
Tue, Nov 11
GBP/USD flat as UK unemployment rise boosts BoE rate cut expectations
The Pound Sterling recovers some ground and trims some earlier losses on Tuesday following the release of softer than expected labor market figures in the UK, increasing speculation that the Bank of England could cut ratees at the December meeting.Fxstreet
Tue, Nov 11
USD/CAD extends losses as weak US labor data boosts Fed cut expectations
The Canadian Dollar strengthens against the US Dollar (USD) on Tuesday, with USD/CAD reversing earlier gains as the Greenback weakens following soft labor market data. At the time of writing, the pair is trading around 1.4008, hovering near two-week lows.
Fxstreet
Tue, Nov 11
EUR/JPY rises as Euro gains on resilience, Yen pressured by dovish BoJ stance
EUR/JPY trades around 178.30 on Tuesday at the time of writing, up 0.10% for the day, as markets digest the latest economic indicators from Germany and the ongoing uncertainty surrounding Japan’s monetary policy.
Fxstreet
Tue, Nov 11
USD/CHF falls as Swiss Franc gains on US-Switzerland trade optimism
USD/CHF declines on Tuesday to around 0.8020 at the time of writing, down 0.40% on the day, as the Swiss Franc (CHF) outperforms most of its peers. The Swiss currency benefits from rising optimism that the United States (US) and Switzerland will soon reach a trade agreement.Fxstreet
Tue, Nov 11
USD/CAD rises as US shutdown resolution boosts USD, firm CAD limits upside
USD/CAD advances toward 1.4030 on Tuesday at the time of writing, up 0.10% for the day. The move reflects growing optimism over an imminent resolution of the US government funding deadlock, while investors await fresh US employment data.Fxstreet
Tue, Nov 11
USD/JPY revisits almost nine-month high near 154.50 as Japanese Yen underperforms
The USD/JPY revisits 154.40 during the European trading session on Tuesday, the highest level seen in almost nine months. The pair demonstrates strength as the Japanese Yen (JPY) faces selling pressure amid receding hopes of more interest rate hikes by the Bank of Japan (BoJ) in the near term.Fxstreet
Tue, Nov 11
USD/JPY: Further advance is not expected to reach the major resistance at 155.00 – UOB Group
US Dollar (USD) could test 154.45 against Japanese Yen (JPY); any further advance is not expected to reach the major resistance at 155.00. In the longer run, USD is likely to trade in a range for now, likely between 153.10 and 155.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Nov 11
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