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Pound Sterling remains on tenterhooks amid increasing BoE interest rate cut bets
The Pound Sterling (GBP) trades mixed against its major peers on Tuesday, facing pressure as traders remain increasingly confident that the Bank of England (BoE) will cut interest rates by 25 basis points (bps) to 3.75% at its monetary policy meeting next week.
Fxstreet
Tue, Dec 9
USD/INR ticks down as FIIs selling momentum cools down, outlook remains firm
The Indian Rupee (INR) trades mildly higher against the US Dollar (USD) at open on Tuesday. The USD/INR pair ticks down to near 90.30, but remains close to its all-time high of 90.70, amid a slowdown in the pace of foreign outflow from the Indian stock market.Fxstreet
Tue, Dec 9
EUR/JPY Price Forecast: Holds above 181.50, positive view remains intact
The EUR/JPY cross trades on a firmer note around 181.60 during the early European session on Tuesday. The Japanese Yen (JPY) softens against the Euro (EUR) after a massive 7.6-magnitude earthquake shook northeastern Japan late on Monday, which briefly raised concerns about economic disruptions.
Fxstreet
Tue, Dec 9
AUD/JPY weakens below 103.50 as RBA leaves interest rate unchanged at 3.6%
The AUD/JPY cross loses momentum to near 103.20 during the Asian trading hours on Tuesday. The Australian Dollar (AUD) edges lower against the Greenback after the Reserve Bank of Australia (RBA) interest rate decision.
Fxstreet
Tue, Dec 9
AUD/NZD slides to near 1.1440 as RBA holds OCR steady at 3.6%, as expected
The AUD/NZD pair falls sharply to near 1.1440 as the Reserve Bank of Australia (RBA) has kept its Official Cash Rate (OCR) steady at 3.6%. The RBA was expected to do so as inflation in Australia grew at a faster pace in the third quarter of the year.
Fxstreet
Tue, Dec 9
USD/CAD trades with negative bias around mid-1.3800s; Trump’s tariff threat limit losses
The USD/CAD pair struggles to capitalize on the previous day's goodish recovery from the 1.3800 mark, or its lowest level since September 22, and edges lower during the Asian session on Tuesday.
Fxstreet
Tue, Dec 9
Australian Dollar holds steady below multi-month top vs USD; RBA decision awaited
The Australian Dollar (AUD) consolidates against its American counterpart during the Asian session on Tuesday and, for now, seems to have stalled the previous day's modest pullback from its highest level since September 18.
Fxstreet
Tue, Dec 9
NZD/USD declines below 0.5800 ahead of US employment data, Fed rate decision
The NZD/USD pair declines to around 0.5775 during the early Asian session on Tuesday. The US Dollar (USD) strengthens against the New Zealand Dollar (NZD) as markets brace for a hawkish cut from the US Federal Reserve (Fed) on Wednesday.Fxstreet
Tue, Dec 9
USD/JPY gathers strengthen to near 156.00 as Japan earthquake weighs on Japanese Yen
The USD/JPY pair attracts some buyers to near 155.95 during the early Asian session on Tuesday. The Japanese Yen (JPY) weakens against the US Dollar (USD) as traders assess the potential impact of a strong earthquake in Japan.
Fxstreet
Mon, Dec 8
EUR/USD under pressure as yield climb weighs and Fed risk dominates
EUR/USD slides 0.05% as the week begins, courtesy of broad US Dollar strength, amid choppy trading as traders brace for the Federal Reserve monetary policy decision. At the time of writing, the pair trades at 1.1637 after hitting a daily high of 1.1672.Fxstreet
Mon, Dec 8
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