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EUR/USD hits nine-week highs as soft US Jobless data pressures the Dollar
The Euro (EUR) extends its advance against the US Dollar (USD) on Thursday as the Greenback slides to multi-week lows following the latest US Initial Jobless Claims release. At the time of writing, EUR/USD is trading around 1.1748, its highest level since October 3.
EUR/USD
Fxstreet
Thu, Dec 11
GBP/JPY eases as Yen strengthens on rising BoJ rate-hike expectations
The British Pound (GBP) trades on the backfoot against the Japanese Yen (JPY) on Thursday, as the Yen strengthens broadly on growing expectations of a Bank of Japan (BoJ) rate hike next week.
GBP/JPY
Fxstreet
Thu, Dec 11
GBP/USD climbs above 1.34 as Fed cut and soft US data weigh on Dollar
Sterling rallies during the North American session, up over 0.68% after the Federal Reserve delivered as expected a 25-basis points rate cut and a softer than expected jobs report, weighed on the Dollar. At the time of writing, the GBP/USD trades at 1.3417 after bouncing off daily lows of 1.3354.
GBP/USD
Fxstreet
Thu, Dec 11
USD/JPY falls as US jobless claims rise, BoJ rate hike speculation grows
USD/JPY trades sharply lower on Thursday around 155.10 at the time of writing, down 0.50% on the day.
USD/JPY
Fxstreet
Thu, Dec 11
EUR/CHF slips as Franc strengthens after SNB holds rates at 0%
The Euro (EUR) edges lower against the Swiss Franc (CHF) on Thursday as the CHF strengthens in the aftermath of the latest Swiss National Bank (SNB) interest rate decision.
EUR/CHF
Fxstreet
Thu, Dec 11
Brazil Retail Sales (MoM) came in at 0.5%, above forecasts (-0.2%) in October
Brazil Retail Sales (MoM) came in at 0.5%, above forecasts (-0.2%) in October
Fxstreet
Thu, Dec 11
EUR/JPY steady as ECB holds stance, BoJ rate hike speculation grows
EUR/JPY trades around 182.40 on Thursday, unchanged on the day at the time of writing, as the fundamental backdrop remains balanced between stabilization in Europe and gradually rising tightening expectations in Japan.
EUR/JPY
Fxstreet
Thu, Dec 11
Silver Price Forecasts: XAG/USD remains bid above $62.00
Silver (XAG/USD) sits comfortably above the $62.00 level on Thursday’s European trading session, with the all-time high of $62.89 at a short distance.
Silver
Fxstreet
Thu, Dec 11
AUD/USD corrects to near 0.6630 after weak Australian job data
The AUD/USD pair is down 0.45% to near 0.6630 during the European trading session on Thursday. The Aussie pair faces intense selling pressure, following the release of the unexpectedly weak Australian employment data.
AUD/USD
Fxstreet
Thu, Dec 11
USD/CHF retreats from 0.8000 following SNB's decision
The Swiss Franc is drawing support from the Swiss National Bank's (SNB), monetary policy decision.
USD/CHF
Fxstreet
Thu, Dec 11
Pound Sterling holds Fed-related gains ahead of UK monthly GDP data
The Pound Sterling (GBP) trades cautiously against its major peers on Thursday, broadly holding the gains after the Fed rate cut, as investors prepare for the release of key United Kingdom (UK) economic data before the Bank of England (BoE) decision next week.
GBP/USD
Fxstreet
Thu, Dec 11
EUR/USD flatlines near highs as market sentiment sours
EUR/USD is practically flat on Thursday, trading at 1.1695 at the moment of writing, right below the almost two-month highs above 1.1700 hit on Wednesday.
EUR/USD
Fxstreet
Thu, Dec 11
GBP/JPY finds decent support near 208.00; remains below YTD top ahead of BoE’s Bailey
The GBP/JPY cross attracts some dip-buyers in the vicinity of the 208.00 mark on Thursday, though it lacks follow-through and sticks to a negative bias through the early European session.
GBP/JPY
Fxstreet
Thu, Dec 11
AUD/JPY tumbles to near 103.50 on mixed Australian employment data
AUD/JPY slumps to around 103.50 during the early European session on Thursday. The Australian Dollar (AUD) softens against the Japanese Yen (JPY) following the release of mixed Australian employment data.
AUD/JPY
Fxstreet
Thu, Dec 11
USD/INR gains sharply amid uncertainty surrounding US-India trade talks
The Indian Rupee (INR) faces intense selling pressure against the US Dollar (USD) at open on Thursday. The USD/INR pair jumps to near 90.40 as the Indian Rupee slumps amid uncertainty surrounding trade talks between the United States (US) and India.
Fxstreet
Thu, Dec 11
GBP/USD softens as traders eye BoE rate cut next week
The GBP/USD pair trades in negative territory near 1.3365 during the early European trading hours on Thursday, pressured by the rebound in the US Dollar (USD).
GBP/USD
Fxstreet
Thu, Dec 11
EUR/USD holds below 1.1700 despite Fed rate cut, US Jobless Claims data eyed
The EUR/USD pair posts modest losses near 1.1690 during the early European trading hours on Thursday. However, the US Federal Reserve's (Fed) dovish rate cut on Wednesday could weigh on the US Dollar (USD) against the Euro (EUR).
EUR/USD
Fxstreet
Thu, Dec 11
Japanese Yen extends gains vs bearish USD amid hawkish BoJ stance, dovish Fed outlook
The Japanese Yen (JPY) builds on the previous day's strong move up against a broadly weaker US Dollar (USD) and gains some follow-through positive traction for the second straight day on Thursday.
USD/JPY
Fxstreet
Thu, Dec 11
USD/CAD hangs near its lowest level since October 22, seems vulnerable below 1.3800
The USD/CAD pair enters a bearish consolidation phase during the Asian session on Thursday and oscillates in a narrow band, just below the 1.3800 mark, or its lowest level since October 22.
USD/CAD
Fxstreet
Thu, Dec 11
PBOC sets USD/CNY reference rate at 7.0686 vs. 7.0753 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0686 compared to the previous day's fix of 7.0753.
USD/CNH
Fxstreet
Thu, Dec 11
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