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NZD/USD: Clear break above 0.5665 is unlikely – UOB Group
There is scope for New Zealand Dollar (NZD) to test 0.5665; a clear break above this level is unlikely. 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
Tue, Nov 11
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 1.3130 and 1.3190. 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
Tue, Nov 11
GBP/JPY hits session lows near 202.30 after weak UK employment data
The Pound has come under pressure on Tuesday, following disappointing UK labour market data. The GBP/JPY extended its reversal from Monday’s highs near 203.20 to session lows right above 202.30, before picking up to the 202.60 area at the time of writing.
Fxstreet
Tue, Nov 11
EUR/JPY Price Forecast: Targets fresh record highs near 179.00 as bullish bias prevails
EUR/JPY extends its gains for the third consecutive session, trading around 178.40 during the European hours on Tuesday. The currency cross shows strong short-term momentum, trading above the nine-day Exponential Moving Average (EMA).
Fxstreet
Tue, Nov 11
AUD/NZD eases from 1.1590, after hitting fresh 12-year highs
The Aussie Dollar has rallied well beyond 2% against its New Zealand counterpart over the last two weeks, reaching 12-year highs near 1.1600. RBA-RBNZ monetary policy divergence and weak New Zealand macroeconomic figures are crushing investors’ confidence in the New Zealand Dollar.
Fxstreet
Tue, Nov 11
Pound Sterling slumps as UK job market deteriorates further
The Pound Sterling (GBP) falls sharply against its major currency peers on Tuesday. The British currency weakens as the United Kingdom (UK) labour market data for the three months ending September has signaled that job market conditions have deteriorated further.Fxstreet
Tue, Nov 11
EUR/GBP rises to near 0.8800 following UK jobs data, German ZEW Survey eyed
EUR/GBP rises after halting its four-day losing streak, trading around 0.8800 during the early European hours on Tuesday. The currency cross appreciates as the Pound Sterling (GBP) loses ground following the release of the United Kingdom (UK) labor market report.Fxstreet
Tue, Nov 11
USD/CAD strengthens above 1.4000 as US advances shutdown deal
The USD/CAD pair gathers strength to near 1.4035 during the early European session on Tuesday. Hopes of an end to the longest government shutdown in history provide some support to the US Dollar (USD) against the Canadian Dollar (CAD).
Fxstreet
Tue, Nov 11
AUD/JPY Price Forecast: Bullish outlook remains in play near 100.50 amid intervention fears
The AUD/JPY cross declines to around 100.60 during the early European session on Tuesday. The Japanese Yen (JPY) edges higher against the Japanese Yen (JPY) on verbal intervention from Japanese authorities.
Fxstreet
Tue, Nov 11
USD/CHF ticks down to near 0.8045 on hopes of US-Swiss trade deal
The USD/CHF pair edges lower to near 0.8045 during the late Asian trading session on Tuesday. The Swiss Franc pair faces slight selling pressure as the Swiss Franc (CHF) outperforms its peers on hopes that the United States (US) and Switzerland will reach a trade deal soon.
Fxstreet
Tue, Nov 11
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