News
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NZD/USD consolidates near its highest level since October, just below mid-0.5800s
The NZD/USD pair is seen consolidating its strong weekly gains registered over the past two days and holding steady near its highest level since early October, just below mid-0.5800s during the Asian session on Wednesday.
Fxstreet
Wed, Dec 24
Australia, NZ dollars on a high as yields, commodities climb
By Wayne Cole SYDNEY, Dec 24 (Reuters) - The Australian and New Zealand dollars stood near multi-month peaks on Wednesday as the prospect of steady or even higher interest rates at home drew carry demand, particularly against the yen.Continued gains across commodities also supported the resource-...Reuters
Wed, Dec 24
USD/JPY attracts some sellers below 156.50 as Yen strengthens on intervention fears
The USD/JPY pair tumbles to around 156.30 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the Japanese Yen (JPY) despite the stronger-than-expected US Gross Domestic Product (GDP) report for the third quarter (Q3).
Fxstreet
Tue, Dec 23
Brazil cenbank to offer $2 billion in dollar auctions with repurchase deal on Friday
SAO PAULO, Dec 23 (Reuters) - The Brazilian central bank said on Tuesday it will offer up to $2 billion in two dollar auctions with repurchase agreements on Friday morning.In a statement, the central bank said the simultaneous auctions will start at 10:30 a.m. local time. The repurchases for the auc...Reuters
Tue, Dec 23
FOREX-US dollar retreats as prospect of Fed rate cuts overshadows growth data
US Q3 growth rises more than expected, dollar cuts lossesDrop in US consumer confidence in December weighs on dollarTraders still watching for yen interventionBy Gertrude Chavez-Dreyfuss NEW YORK, Dec 23 (Reuters) - The U.S. dollar weakened on Tuesday in a holiday-shortened week after data showin...Reuters
Tue, Dec 23
CANADA FX DEBT-Canadian dollar hits near five-month high despite GDP miss
Canadian dollar gains 0.4% against the greenbackTouches its strongest since July 28 at 1.3689GDP declines 0.3% in October10-year yield eases 4.5 basis points to 3.428%By Fergal Smith TORONTO, Dec 23 (Reuters) - The Canadian dollar rose to a near five-month high against its U.S. counterpart on Tue...Reuters
Tue, Dec 23
Forex Today: US Dollar softens as Gold nears record high ahead of year-end trading
The US Dollar Index (DXY) struggles to find demand on Tuesday, even after strong United States Gross Domestic Product (GDP) Data. The DXY is now trading near the 98.00 price region after touching a three-month low in the Asian trading hours.Fxstreet
Tue, Dec 23
AUD/USD Price Forecast: Momentum builds as price holds above 0.6600
The Australian Dollar (AUD) extends gains against the US Dollar (USD) on Tuesday after the Reserve Bank of Australia’s Meeting Minutes showed policymakers discussed the risk that interest rates may need to rise if inflation remains persistent.Fxstreet
Tue, Dec 23
USD/JPY declines on firmer Yen despite strong US economic data
USD/JPY trades around 156.40 on Tuesday at the time of writing, down 0.40% on the day. The pair remains under pressure despite a US Dollar (USD) supported by a string of better-than-expected US data, as the move is largely offset by renewed strength in the Japanese Yen (JPY).Fxstreet
Tue, Dec 23
FOREX-US dollar falters as markets focus on Fed easing over growth data
US Q3 growth rises more than expected, dollar gainsUS consumer confidence worsens in December, also weighs on dollarTraders still on intervention watchBy Gertrude Chavez-Dreyfuss and Lucy Raitano NEW YORK/LONDON, Dec 23 (Reuters) - The U.S. dollar fell on Tuesday in a holiday-shortened week, weig...Reuters
Tue, Dec 23
GBP/USD eases from October highs as markets digest US data
The British Pound (GBP) pares earlier gains against the US Dollar (USD) on Tuesday as traders digest a mixed batch of US economic data. At the time of writing, GBP/USD trades around 1.3478, easing slightly after climbing to its highest level since October 1, near 1.3518.Fxstreet
Tue, Dec 23
AUD/USD gains on RBA Minutes, US data curbs upside
AUD/USD trades around 0.6680 on Tuesday at the time of writing, up 0.40% on the day. However, the pair is slightly off a three-month high of 0.6700 reached earlier in the day, with the pullback triggered by better-than-expected US economic releases that provided fresh support to the US Dollar.Fxstreet
Tue, Dec 23
EUR/USD slips as strong US GDP data lifts the Dollar
The Euro (EUR) holds steady against the US Dollar (USD) on Tuesday as traders digest a mixed slate of US economic data. At the time of writing, EUR/USD trades around 1.1773, retreating after touching an intraday high near 1.1802.Fxstreet
Tue, Dec 23
FOREX-US dollar trims losses after stronger-than-expected growth data
NEW YORK, Dec 23 (Reuters) - The U.S. dollar curbed its losses against the yen and euro on Tuesday, after data showed the world's largest economy posted higher-than-expected growth in the third quarter, reinforcing expectations the Federal Reserve will pause cutting rates at its January meeting....Reuters
Tue, Dec 23
