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EUR/USD trades firmly near 1.1540 on renewed US labor market risks
The EUR/USD pair holds onto Thursday’s gains around 1.1540 during the late Asian trading session on Friday. The major currency pair exhibits strength as the US Dollar (USD) faces selling pressure due to renewed United States (US) labor market concerns.
EUR/USD
Fxstreet
Fri, Nov 7
USD/INR edges higher despite optimism on US-India trade deal
The Indian Rupee (INR) opens cautiously against the US Dollar (USD) on Friday. The USD/INR pair ticks up to near 88.75 despite hints from United States (US) President Donald Trump that his relations with Indian Prime Minister (PM) Narendra Modi are stable.
Fxstreet
Fri, Nov 7
AUD/JPY flat lines around 99.00; seems vulnerable amid China's economic woes
The AUD/JPY cross oscillates in a narrow trading range, around the 99.00 mark during the Asian session on Friday, and remains within striking distance of a two-week low, retested the previous day.
AUD/JPY
Fxstreet
Fri, Nov 7
EUR/JPY loses traction to near 176.50 despite ECB’s cautious stance
The EUR/JPY cross loses ground around 176.60 during the Asian session on Friday. The Japanese Yen (JPY) strengthens against the US Dollar on minutes of the Bank of Japan’s (BoJ) September policy meeting and verbal intervention from Japanese officials.
EUR/JPY
Fxstreet
Fri, Nov 7
USD/CAD remains above 1.4100 near six-month highs despite decreasing Fed rate cut odds
USD/CAD continues its winning streak that began on October 30, trading around 1.4120 during the Asian hours on Friday. The pair remains near the six-month high of 1.4140, reached on November 5, as the US Dollar (USD) rebounds after posting losses in the previous session.
USD/CAD
Fxstreet
Fri, Nov 7
Japanese Yen pulls back from over one-week top against USD on weaker domestic data
The Japanese Yen (JPY) retreats slightly from an over one-week high touched against the US Dollar (USD) during the Asian session on Friday, following the disappointing release of Japan's Household Spending data.
USD/JPY
Fxstreet
Fri, Nov 7
PBOC sets USD/CNY reference rate at 7.0836 vs. 7.0865 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.0836 compared to the previous day's fix of 7.0865 and 7.1131 Reuters estimate.
USD/CNH
Fxstreet
Fri, Nov 7
When is the China Trade Balance and how could it affect AUD/USD?
The General Administration of Customs will publish its data for October on Friday at 03.00 GMT. Trade balance is expected to widen to $95.60B in October, compared to $90.45 in the previous reading. Exports are expected to rise by 3%, while Imports are projected to climb by 3.2%.
AUD/USD
Fxstreet
Fri, Nov 7
GBP/USD extends much-needed recovery as Cable recovers 1.31
GBP/USD climbed on Thursday, driven into the high side by over-extended bearish price action that has plagued the pair, as well as a surprisingly close Bank of England (BoE) vote on interest rate moves that gave investors hope that the BoE might be moving to support the UK’s flagging economy despite
GBP/USD
Fxstreet
Fri, Nov 7
USD/JPY tumbles to near 153.00 as US government shutdown woes persist
The USD/JPY pair slumps to near 153.05 during the early Asian session on Friday. The US Dollar (USD) faces some selling pressure as the US government shutdown extends further, hitting a record with still no solution in sight.
USD/JPY
Fxstreet
Thu, Nov 6
Canadian Dollar struggles to end bearish slide on Thursday
The Canadian Dollar (CAD) continues to hold on the weak side against the US Dollar (USD) on Thursday, finding the brakes enough to slow a near-term one-sided backslide, but not enough to stage a meaningful technical recovery.
USD/CAD
Fxstreet
Thu, Nov 6
EUR/USD climbs as weak US jobs data fuels Fed cut bets
EUR/USD recovers some ground on Thursday, post gains of 0.45% after bouncing off daily lows of 1.1486 as the Greenback weakened. A soft jobs data in the US increased speculation for a Fed rate cut at the December meeting. The pair trades at 1.1545 at the time of writing.
EUR/USD
Fxstreet
Thu, Nov 6
Banxico cut rates as expected to 7.25%, Heath dissents again
Banco de Mexico (Banxico) decided to cut interest rates by 25 basis points in a 4 to 1 vote split, to 7.25% with Deputy Governor Jonathan Heath voting to keep rates unchanged at 7.50%.
USD/MXN
Fxstreet
Thu, Nov 6
EUR/USD extends rebound as US Dollar retreats from five-month high
The Euro (EUR) strengthens against the US Dollar (USD) on Thursday amid renewed weakness in the Greenback. At the time of writing, EUR/USD is trading around 1.1543, rising to a five-day high after slipping to a fresh three-month low on Wednesday.
EUR/USD
Fxstreet
Thu, Nov 6
USD/CHF drops amid US political risks, Swiss Franc safe-haven appeal
USD/CHF weakens on Thursday, down 0.35% around 0.8070 at the time of writing. Risk-off sentiment dominates the markets, supporting demand for safe-haven assets such as the Swiss Franc (CHF), while US political uncertainty continues to weigh on the US Dollar (USD).
USD/CHF
Fxstreet
Thu, Nov 6
USD/JPY weakens amid softer US Dollar, steady Japanese labor and services data
The Japanese Yen (JPY) trades on the front foot against the US Dollar (USD) on Thursday, as the Greenback weakens following a strong multi-day rally. At the time of writing, USD/JPY is trading around 153.13, down over 0.50% on the day.
USD/JPY
Fxstreet
Thu, Nov 6
GBP/USD rebounds after BoE’s dovish hold but remains below 1.31
The GBP/USD recovers some ground yet trades off daily highs as the Bank of England held rates unchanged, on a “dovish” hold as the vote split hints that the December meeting is open. The pair trades at 1.3080, up 0.26%.
GBP/USD
Fxstreet
Thu, Nov 6
EUR/CHF holds firm above 0.9300 amid weak Eurozone data and steady Swiss unemployment
The Euro (EUR) trades slightly higher against the Swiss Franc (CHF) on Thursday, with the pair fluctuating in choppy conditions as traders digest Eurozone and Swiss economic data along with central bank commentary.
EUR/CHF
Fxstreet
Thu, Nov 6
GBP/JPY steadies near 201.00 after BoE keeps rates unchanged at 4.0%
The British Pound (GBP) trades slightly firmer against the Japanese Yen (JPY) on Wednesday after the Bank of England (BoE) decided to keep interest rates unchanged at 4.0%, in line with market expectations.
GBP/JPY
Fxstreet
Thu, Nov 6
USD/CAD weakens as Oil supports CAD, focus shifts to BoC Governor speech
USD/CAD weakens on Thursday, trading around 1.4100 at the time of writing, down 0.1% on the day after hitting a seven-month peak at 1.4140 in the previous day.
USD/CAD
Fxstreet
Thu, Nov 6
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