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USD/CAD Price Forecast: Falls toward lower ascending channel boundary near 1.4000
USD/CAD extends its losses for the third successive session, trading around 1.4030 during the Asian hours on Thursday. The daily chart’s technical setup reflects a persistent bullish bias, with the pair remaining within its ascending channel pattern.
Fxstreet
Thu, Nov 27
Japanese Yen strengthens against weaker USD amid intervention fears; BoJ rate hike bets
The Japanese Yen (JPY) gains some positive traction during the Asian session on Thursday and stalls its modest pullback from a one-week top, touched against a broadly weaker US Dollar (USD) the previous day.
Fxstreet
Thu, Nov 27
GBP/USD gains above 1.3250 as Fed rate cut bets weigh on US Dollar
GBP/USD continues its winning streak for the sixth successive session, trading around 1.3260 during the Asian hours on Thursday. The pair appreciates as the US Dollar (USD) struggles amid rising odds of Federal Reserve (Fed) rate cut bets in December.
Fxstreet
Thu, Nov 27
Australian Dollar extends gains as traders expect RBA to hold rates
The Australian Dollar (AUD) gains against the US Dollar (USD) on Thursday, extending its gains for the fifth successive session. The AUD/USD pair gains ground as the US Dollar (USD) struggles amid rising odds of Federal Reserve (Fed) rate cut bets in December.
Fxstreet
Thu, Nov 27
USD/CAD trades close to weekly low around 1.4030 as Fed rate cut bets remain firm
The USD/CAD pair holds onto Wednesday’s losses around 1.4030 during the Asian trading session on Thursday. The Loonie pair has been under pressure as the US Dollar (USD) remains fragile due to firm expectations that the Federal Reserve (Fed) will cut interest rates again this year.Fxstreet
Thu, Nov 27
EUR/USD edges toward 1.16 as falling claims fail to shake dovish mood
The EUR/USD registers back-to-back bullish days boosted by speculation that the Federal Reserve might cut rates at the December meeting, following the release of a strong jobs report. At the time of writing, the pair trades at 1.1595, up 0.22% after bouncing off daily lows of 1.1547.Fxstreet
Wed, Nov 26
FX Today: Attention shifts to the euro docket on Thanksgiving Day holiday
The US Dollar (USD) remained on the back foot on Wednesday despite auspicious US data releases ahead of the Thanksgiving Day holiday. Meanwhile, investors continued to see the Federal Reserve delivering another rate cut in December.
Fxstreet
Wed, Nov 26
EUR/JPY rises on geopolitical optimism, ECB's cautious optimism
EUR/JPY trades higher on Wednesday around 181.30, up 0.40% at the time of writing. The cross benefits from improving risk sentiment as investors closely track political statements hinting at potential progress toward a peace agreement between Russia and Ukraine.
Fxstreet
Wed, Nov 26
EUR/GBP edges lower as supportive UK budget helps Pound recover
The EUR/GBP retreats on Wednesday after the latest UK’s budget revealed by the Chancellor Rachel Reeves seem to be well received by investors, which initially sold off the British Pound, which trimmed its earlier loses. At the time of writing, the cross trades at 0.8766 down 0.24%.
Fxstreet
Wed, Nov 26
EUR/USD edges higher as mixed US data fails to shift dovish Fed expectations
The Euro (EUR) holds firm against the US Dollar (USD) on Wednesday, with EUR/USD edging higher after a brief dip following the latest US economic data. At the time of writing, the pair is trading around 1.1580, recovering from a daily low of 1.1547.Fxstreet
Wed, Nov 26
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