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NZD/USD stands tall near 0.5740 highs despite a mild risk-averse mood
The New Zealand Dollar defies the risk-off market, and the downbeat Chinese Manufacturing PMI seen earlier on Monday, and maintains its bid tone intact, trading at 0.5735 at the time of writing, with the 0.5744 monthly high, at a short distance.is
Fxstreet
Mon, Dec 1
AUD/USD loses momentum below 0.6550 on disappointing Chinese PMI
The AUD/USD pair loses ground to around 0.6540, snapping the six-day winning streak during the early European session on Monday. The Australian Dollar (AUD) retreats from two-week highs against the Greenback following the weaker-than-expected Chinese economic data.
Fxstreet
Mon, Dec 1
EUR/USD Price Forecast: At make or a break near 1.1600
The EUR/USD pair trades flat around 1.1600 during the early European trading session on Monday. The major currency pair consolidates as investors await the Eurozone preliminary Harmonized Index of Consumer Prices (HICP) data for November, which will be released on Tuesday.Fxstreet
Mon, Dec 1
GBP/USD Price Forecast: Softens below 100-day EMA amid bearish technical setup
The GBP/USD pair trades on a softer note around 1.3225 during the early European session on Monday. Rising bets of a Federal Reserve (Fed) rate cut in December might weigh on the Greenback and cap the downside for the major pair.Fxstreet
Mon, Dec 1
EUR/JPY weakens below 180.50 as BoJ's Ueda hints at rate hike
The EUR/JPY cross attracts some sellers near 180.45 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) due to the latest comments from Bank of Japan (BoJ) Governor Kazuo Ueda.
Fxstreet
Mon, Dec 1
Silver Price Forecast: XAG/USD rises to record high above $57.50, overbought RSI may limit gains
Silver price (XAG/USD) climbs to a fresh record high near $57.60 during the Asian trading hours on Monday. Silver has surged following the report about an outage on the Comex due to what the exchange operator CME calls a “cooling system failure.”
Fxstreet
Mon, Dec 1
NZD/USD holds steady near one-month top, below mid-0.5700s after weaker Chinese data
The NZD/USD pair is seen oscillating in a narrow range at the start of a new week and consolidating its recent strong gains to a nearly one-month peak, touched on Friday. Spot prices hold steady below mid-0.5700s and react little to the disappointing Chinese data.Fxstreet
Mon, Dec 1
GBP/USD flat lines near 1.3250 amid UK budget relief
The GBP/USD pair holds steady near 1.3245 during the Asian session on Monday as traders continue to digest the UK’s Autumn Budget. The potential downside for the major pair might be limited due to the rising expectations of a Federal Reserve (Fed) interest rate cut in the December meeting.Fxstreet
Mon, Dec 1
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