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GBP/USD edges lower to 1.3220 as market leans bearish post-budget
GBP/USD dips during the North American session, despite heading to end the week with gains of over almost 1%, after the financial markets digest the Autumn Budget. The pair trades at 1.3221 after retreating from a daily high of 1.3245.
Fxstreet
Fri, Nov 28
CAD is holding on to weekly gain – Scotiabank
The Canadian Dollar (CAD) is soft, down a marginal 0.1% against the US Dollar (USD) as it performs relatively well against all of the G10 currencies with the exception of Japanese Yen (JPY), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Nov 28
USD/CHF climbs as US Dollar recovers, Swiss data disappoints
USD/CHF trades slightly higher on Friday, around 0.8060, up 0.15% at the time of writing. The pair remains on track for a weekly gain, supported by the persistent weakness of the US Dollar (USD) amid growing expectations of interest rate cuts by the Federal Reserve (Fed).
Fxstreet
Fri, Nov 28
USD/JPY: Likely to range-trade between 156.00 and 156.75 – UOB Group
USD is likely to trade sideways between 156.00 and 156.75. In the longer run, soft underlying tone suggests there is a chance for USD to edge downward; any decline is likely part of a lower range of 155.05/157.05, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Nov 28
JPY: Yen weakens as Takaichi’s reflation policies take hold – MUFG
The impact of change in political leadership has been clear in Japan with the yen notably weaker and JGB yields higher as market participants position for reflationist policies under the new leadership of Sanae Takaichi.Fxstreet
Fri, Nov 28
NZD/USD: Any further advance is unlikely to reach 0.5755 – UOB Group
New Zealand Dollar (NZD) could rise above 0.5735; any further advance is unlikely to reach 0.5755. In the longer run, the price action suggests NZD is likely to advance further; the levels to watch are 0.5735 and 0.5755, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Nov 28
AUD/USD might rise further to 0.6555 – UOB Group
Australian Dollar (AUD) is likely to edge higher; any advance is likely part of a 0.6520/0.6555 range. In the longer run, rapid increase in upward momentum suggests AUD could rise further to 0.6555, potentially reaching 0.6580, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Nov 28
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