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NZD/USD holds positive ground above 0.5750 on upbeat Chinese Services PMI data
The NZD/USD pair attracts some buyers to around 0.5750 during the early European session on Wednesday. The upbeat Chinese economic data provides some support to the China-proxy Kiwi against the US Dollar (USD).
Fxstreet
Wed, Dec 3
EUR/GBP posts modest losses below 0.8800 despite dovish BoE expectations
The EUR/GBP cross posts modest losses near 0.8795 during the early European trading hours on Wednesday. Nonetheless, the potential downside for the cross might be limited amid dovish expectations from the Bank of England (BoE), which might weigh on the Pound Sterling (GBP).
Fxstreet
Wed, Dec 3
USD/JPY remains on the back foot below 156.00; BoJ-Fed policy divergence favors bears
The USD/JPY pair struggles to capitalize on the previous day's move higher to levels beyond the 156.00 mark and edges lower during the Asian session on Wednesday. Spot prices currently trade around the 155.75 region, though the downtick lacks follow-through or a bearish conviction.
Fxstreet
Wed, Dec 3
EUR/USD Price Forecast: Extends the rally to near 1.1650 as bullish momentum holds above 100-EMA
The EUR/USD pair extends its upside to around 1.1635 during the Asian trading hours on Wednesday. Signals that the European Central Bank (ECB) is done cutting interest rates provide some support to the Euro (EUR) against the US Dollar (USD).Fxstreet
Wed, Dec 3
GBP/USD tepid near 1.3200 as rate watchers look on
GBP/USD cycled around the 1.3200 level on Tuesday as Cable traders keep their heads down during the long wait for further signs of interest rate cuts from both the Federal Reserve (Fed) and the Bank of England (BoE) heading into the final weeks of 2025.Fxstreet
Wed, Dec 3
EUR/USD jumps as growing Fed-cut bets and risk-on mood lift Euro
The EUR/USD registers modest gains of 0.12% late on Tuesday during the North American session, as risk-appetite improves. Expectations for another Fed rate cut in December and Eurozone’s elevated inflation reading, keep the shared currency bid.Fxstreet
Tue, Dec 2
EUR/USD Price Forecast: Technical structure favors bulls as price holds wedge breakout
The Euro (EUR) trades flat against the US Dollar (USD) on Tuesday, pressured by a steady Greenback in an otherwise calm market. At the time of writing, EUR/USD is trading around 1.1607, pausing a six-day winning streak after briefly rising to over two-week highs on Monday.Fxstreet
Tue, Dec 2
GBP/USD steadies near 1.3200 as traders bet on dual Fed–BoE dovish pivot
GBP/USD holds steady near 1.3200 as the Dollar registers minimal gains although the US economy continues to show signs of weakness, which could prompt the Federal Reserve to ease policy in the December meeting.Fxstreet
Tue, Dec 2
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