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NZD/USD holds positive ground above 0.5650 after mixed Chinese data
The NZD/USD pair holds positive ground around 0.5675 during the Asian trading hours on Friday. The New Zealand Dollar (NZD) remains firm against the US Dollar (USD) after the release of the Chinese October Retail Sales and Industrial Production reports.
Fxstreet
Fri, Nov 14
Australian Dollar remains stronger following key economic data from China
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, recovering losses registered in the previous session. The AUD/USD pair gains ground following the release of China’s Industrial Production and Retail Sales data for October.
Fxstreet
Fri, Nov 14
When are the China Retail Sales, Industrial Production and how could they affect AUD/USD?
The National Bureau of Statistics of China (NBS) will publish its data for October at 02.00 GMT. Retail Sales is expected to show an increase of 2.7% year-over-year (YoY) in October, compared to 3.0% in the previous reading.Fxstreet
Fri, Nov 14
USD/JPY declines to near 154.50 amid Fed rate cut doubts
The USD/JPY pair declines to near 154.50 during the early Asian session on Friday. The US Dollar (USD) softens against the Japanese Yen (JPY) as bets on a Federal Reserve (Fed) rate cut in December remain pretty divided. The Fed’s Lorie Logan and Raphael Bostic are due to speak later in the day.Fxstreet
Thu, Nov 13
GBP/JPY Price Forecast: nears 204.00 as uptrend stalls amid intervention threats
The GBP/JPY prolongs its gains on Thursday up a modest 0.22%, distancing from the 20-day Simple Moving Average (SMA) at 202.48, seen as the first support area for the cross-pair. At the time of writing, the cross trade at 203.82 shy of reclaiming the 204.00 milestone.
Fxstreet
Thu, Nov 13
USD/JPY slips as Greenback weakens, Fed rate cut bets hinge on delayed US data
The Japanese Yen (JPY) strengthens against the US Dollar (USD) on Thursday, with USD/JPY snapping a four-day winning streak as the Greenback extends its recent slide. At the time of writing, the pair is trading near 154.35, hovering just below the nine-month high of 155.05 reached on Wednesday.Fxstreet
Thu, Nov 13
AUD/USD Price Forecast: Stalls below 50-day SMA as buyers struggle to extend gains
The Australian Dollar (AUD) eases slightly against the US Dollar (USD) on Thursday, reversing most of the early advance after briefly climbing to a two-week high on the back of stronger-than-expected employment data.Fxstreet
Thu, Nov 13
GBP/USD rises towards 1.3200 as US reopening weigh on USD, BoE cut bets mount
The Pound Sterling advances on broad US Dollar weakness amid the US government's reopening, which would unveil a tranche of economic data for traders and the Federal Reserve. The GBP/USD trades at a two-day high of 1.3194, up 0.46%.Fxstreet
Thu, Nov 13
Euro loses traction against Pound after weak Eurozone Industrial Production
The Euro (EUR) is easing slightly against the British Pound (GBP) on Thursday after earlier climbing to a fresh year-to-date high of 0.8843. At the time of writing, EUR/GBP is trading around 0.8826, snapping a two-day winning streak as traders reacted to disappointing Eurozone data.
Fxstreet
Thu, Nov 13
GBP buoyed by broader developments – Scotiabank
The Pound Sterling (GBP) is up 0.2% against the US Dollar (USD), a mid-performer among the G10 in an environment of broad-based USD weakness driven by sentiment, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Thu, Nov 13
CAD edges fractionally higher – Scotiabank
The Canadian Dollar (CAD) continues to lean quite hard on the 1.40 zone but, even with the USD slipping broadly on the day, cannot secure a clear push under the figure zone, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Thu, Nov 13
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