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AUD/USD falls as RBA maintains rate pause, US Dollar strengthens
AUD/USD falls on Tuesday, trading around 0.6500 at the time of writing, down 0.60% on the day. The Australian Dollar (AUD) extends losses after the Reserve Bank of Australia (RBA) decided to keep its Official Cash Rate (OCR) steady at 3.6%, as widely expected by markets.
Fxstreet
Tue, Nov 4
GBP/USD hits seven-month low as UK fiscal concerns deepen ahead of BoE decision
The British Pound (GBP) remains under pressure against the US Dollar (USD) on Tuesday, with GBP/USD falling to its lowest level since April 11 amid broad-based Greenback strength and growing fiscal concerns in the United Kingdom (UK).
Fxstreet
Tue, Nov 4
JPY is outperforming on broader market tone – Scotiabank
The Japanese Yen (JPY) is strong, up 0.5% against the US Dollar (USD) and outperforming all of the G10 currencies in an environment broad-based USD strength and risk aversion, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Tue, Nov 4
GBP weak, underperforming with pro-risk currencies – Scotiabank
The Pound Sterling (GBP) is weak, down 0.6% against the US Dollar (USD) and underperforming most of the G10 currencies in an environment of broad-based USD strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Tue, Nov 4
CAD softer amid weak risk appetite – Scotiabank
Weak risk appetite is just another reason for markets to nudge the Canadian Dollar (CAD) lower this morning, although CAD losses are at least more moderate than other high beta/ commodity currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Tue, Nov 4
USD/CHF hits two-month high amid resilient US Dollar and dovish SNB outlook
The Swiss Franc (CHF) declines further against the US Dollar (USD) on Tuesday, with USD/CHF extending gains for the fifth consecutive day amid broad-based Greenback strength. At the time of writing, the pair is trading around 0.8090, its highest level since August 22.
Fxstreet
Tue, Nov 4
USD/JPY Price Forecast: Testing support at at 153.25 previous resistance
The US Dollar bears gained the upper hand on Tuesday, after failing to break above the 154.45 resistance area, pulled the pair lower during the European trading session, to test support at the 153.25 area, where bulls were capped on October 9 and 27.Fxstreet
Tue, Nov 4
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