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EUR is not pricing peace-talk progress yet – OCBC
Progress in Russia-Ukraine peace talks remains underpriced in the Euro (EUR), with signals from Moscow and ongoing US diplomatic efforts offering a potential medium-term boost while the USD stays soft.
EUR/USD
Fxstreet
Tue, Dec 2
Brazil Fipe's IPC Inflation fell from previous 0.27% to 0.2% in November
Brazil Fipe's IPC Inflation fell from previous 0.27% to 0.2% in November
Fxstreet
Tue, Dec 2
When is the Eurozone Prelim HICP and how could it affect EUR/USD?
Eurostat will publish the flash version of the Eurozone Harmonized Index of Consumer Prices (HICP) data for November later this Tuesday, at 10:00 GMT.
EUR/USD
Fxstreet
Tue, Dec 2
NZD/USD posts modest gains above 0.5700 as Fed rate cut bets grow
The NZD/USD pair gains traction to around 0.5730 during the early European session on Tuesday. The US Dollar (USD) edges lower against the New Zealand Dollar (NZD) amid imminent bets for another rate cut by the Federal Reserve (Fed) this month.
NZD/USD
Fxstreet
Tue, Dec 2
EUR/GBP trades flat below 0.8800, Eurozone HICP data in focus
The EUR/GBP cross holds steady near 0.8785 during the early European trading hours on Tuesday. Traders prefer to wait on the sidelines ahead of the preliminary reading of the Harmonized Index of Consumer Prices (HICP) from the Eurozone later on Tuesday.
EUR/GBP
Fxstreet
Tue, Dec 2
GBP/USD Price Forecast: Pound Sterling remains capped by 50-day SMA
GBP/USD is battling 1.3200 in the early European trading hours on Tuesday, consolidating the previous sharp retracement from five-week highs of 1.3276.
GBP/USD
Fxstreet
Tue, Dec 2
USD/INR rises further as foreign outflow from India advances
The Indian Rupee (INR) opens on a weak note against the US Dollar (USD) on Tuesday. The USD/INR pair rises to near 90.00 as the Indian Rupee continues to underperform its peers amid strong US Dollar demand by importers and the consistent outflow of foreign funds from the Indian stock market.
Fxstreet
Tue, Dec 2
USD/CHF loses ground below 0.8050 on US rate cut prospects
The USD/CHF pair trades in negative territory near 0.8045 during the early European session on Tuesday. The prospect of a US interest rate cut in December weighs on the US Dollar (USD) against the Swiss Franc (CHF).
USD/CHF
Fxstreet
Tue, Dec 2
AUD/USD Price Forecast: Edges higher to mid-0.6500s; remains close to three-week top
The AUD/USD pair attracts some dip-buyers during the Asian session on Tuesday and stalls the previous day's modest pullback from a nearly three-week top.
AUD/USD
Fxstreet
Tue, Dec 2
EUR/JPY trades with positive bias around 180.70; eyes Eurozone HICP for fresh impetus
The EUR/JPY cross is building on the overnight modest bounce from the vicinity of the 180.00 psychological mark, or a four-day low, and gaining some positive traction during the Asian session on Tuesday.
EUR/JPY
Fxstreet
Tue, Dec 2
EUR/USD strengthens above 1.1600 ahead of Eurozone HICP data
The EUR/USD pair extends its upside to near 1.1615 during the Asian trading hours on Tuesday. The US Dollar (USD) weakens against the Euro (EUR) as weaker-than-expected US Manufacturing PMI data heaps pressure on the Federal Reserve (Fed) to cut interest rates later this month.
EUR/USD
Fxstreet
Tue, Dec 2
USD/CAD holds onto recovery move near 1.4000 despite firm dovish Fed bets
The USD/CAD pair clings to Monday’s recovery move to near 1.4010 during the Asian trading session on Tuesday.
USD/CAD
Fxstreet
Tue, Dec 2
Japanese Yen moves further away from two-week high vs USD amid positive risk tone
The Japanese Yen (JPY) edges lower during the Asian session on Tuesday and retreats further from a two-week high, touched against its American counterpart the previous day. A generally positive tone around the Asian equity markets is seen as a key factor undermining the JPY's safe-haven status.
USD/JPY
Fxstreet
Tue, Dec 2
Silver Price Forecast: XAG/USD tumbles below $57.00 on profit-taking
Silver price (XAG/USD) falls to around $56.70 during the Asian trading hours on Tuesday. The white metal faces some profit-taking after reaching a record high in the previous session.
Silver
Fxstreet
Tue, Dec 2
PBOC sets USD/CNY reference rate at 7.0794 vs. 7.0759 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 7.0794 compared to the previous day's fix of 7.0759.
USD/CNH
Fxstreet
Tue, Dec 2
AUD/USD holds steady below 0.6550 as traders await Australian GDP release
The AUD/USD pair trades on a flat note near 0.6540 during the early Asian trading hours on Tuesday. Weaker-than-expected US economic data and rising US interest rate cut expectations in December drag the US Dollar (USD) lower against the Australian Dollar (AUD).
AUD/USD
Fxstreet
Tue, Dec 2
NZD/USD holds steady above 0.5700; stalls overnight pullback from one-month peak
The NZD/USD pair ticks lower during the Asian session on Tuesday and moves further away from an over one-month peak, around mid-0.5700s, touched the previous day.
NZD/USD
Fxstreet
Tue, Dec 2
GBP/USD slides as UK budget strains and US labor data weigh
GBP/USD soured on Monday, starting off the December trading window declining around one-quarter of one percent, pushing back down from a key technical confluence region that will likely inspire further short selling behind the Pound Sterling (GBP) unless global flows into the US Dollar (USD) reverse
GBP/USD
Fxstreet
Mon, Dec 1
USD/JPY weakens below 155.50 as BoJ's Ueda signals December rate hike
The USD/JPY pair loses ground to a two-week low around 155.45 during the early Asian session on Tuesday. The Japanese Yen (JPY) edges higher against the US Dollar (USD) following hawkish rhetoric from the Bank of Japan (BoJ) Governor Kazuo Ueda.
USD/JPY
Fxstreet
Mon, Dec 1
Euro clings above 1.1600 as Dollar softens amid quiet data lull
EUR/USD clings to the 1.1600 mark posting modest gains of over 0.15% on Monday as the Greenback tumbles following hawkish remarks by Kazuo Ueda, Bank of Japan Governor. A light economic docket in both sides of the Atlantic boosted the Euro’s prospects.
EUR/USD
Fxstreet
Mon, Dec 1
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