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Pound Sterling faces pressure on modest UK Q3 GDP growth
The Pound Sterling (GBP) continues to underperform its major currency peers as weaker-than-projected United Kingdom (UK) preliminary Gross Domestic Product (GDP) data has prompted economic concerns further.
GBP/USD
Fxstreet
Thu, Nov 13
EUR/GBP holds positive ground above 0.8800 as UK economy slows to 0.1% in Q3
The EUR/GBP cross gains ground to around 0.8835 during the early European session on Thursday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the release of UK Gross Domestic Product (GDP) data.
EUR/GBP
Fxstreet
Thu, Nov 13
USD/CAD Price Forecast: Remains above lower ascending channel boundary near 1.4000
USD/CAD edges higher after four days of losses, trading around 1.4010 during the Asian hours on Friday. The technical analysis of the daily chart indicates a prevailing bullish bias, with the pair remaining within the ascending channel pattern.
USD/CAD
Fxstreet
Thu, Nov 13
NZD/USD Price Forecast: Fails to extend three-day winning streak
The NZD/USD pair corrects to near 0.5650 during the European trading session on Thursday after failing to extend its three-day winning streak.
NZD/USD
Fxstreet
Thu, Nov 13
USD/CHF Price Forecast: Gathers strength to near 0.8000, bearish outlook prevails
The USD/CHF pair gathers strength to near 0.7990 during the early European session on Thursday. The US Dollar (USD) strengthens against the Swiss Franc (CHF) after a record-long US government shutdown ends as US President Donald Trump signs a funding bill.
USD/CHF
Fxstreet
Thu, Nov 13
EUR/USD stays near 1.1600 after official ending of US government shutdown
EUR/USD moves little after six days of gains, trading around 1.1590 during the Asian hours on Thursday.
EUR/USD
Fxstreet
Thu, Nov 13
AUD/JPY revisits yearly high near 101.60 after upbeat Australian employment data
The AUD/JPY pair revisits the yearly high around 101.60 during the late Asian trading session on Thursday. The pair strengthens as the Australian Dollar (AUD) outperforms its peers, following the release of the Australian labour market data for October, published earlier in the day.
AUD/JPY
Fxstreet
Thu, Nov 13
GBP/JPY holds steady above 203.00, remains close to two-week high ahead of UK data dump
The GBP/JPY cross edges lower during the Asian session on Thursday and moves further away from an over two-week high, around the 203.55-203.60 region, touched the previous day. Spot prices, however, lack follow-through selling and recover a few pips from sub-203.00 levels, or the daily low.
GBP/JPY
Fxstreet
Thu, Nov 13
USD/INR edges higher as India’s soft retail inflation data boosts dovish RBI bets
The Indian Rupee (INR) ticks lower against the US Dollar (USD) at open on Thursday.
Fxstreet
Thu, Nov 13
USD/CAD steadies near 1.4010 as US government shutdown ends
USD/CAD halts its four-day losing streak, remaining flat and trading around 1.4010 during the Asian hours on Thursday. The pair may gain ground as the US Dollar (USD) could further appreciate amid improving sentiment, driven by the end of the United States (US) government shutdown.
USD/CAD
Fxstreet
Thu, Nov 13
GBP/USD remains subdued below 1.3150 ahead of UK flash Q3 GDP data
GBP/USD remains subdued for the third successive session, trading around 1.3120 during the Asian hours on Thursday. Traders await the United Kingdom (UK) flash Gross Domestic Product (GDP) data for the third quarter due later in the day.
GBP/USD
Fxstreet
Thu, Nov 13
Japanese Yen remains depressed amid BoJ policy doubts; seems vulnerable
The Japanese Yen (JPY) remains on the defensive during the Asian session on Thursday and reacts little to Bank of Japan (BoJ) Governor Kazuo Ueda's comments, saying that the underlying inflation is gradually accelerating toward the 2% goal.
USD/JPY
Fxstreet
Thu, Nov 13
NZD/USD softens to near 0.5650 as US government looks to reopen
The NZD/USD pair declines to near 0.5655 during the Asian trading hours on Thursday. The US Dollar (USD) strengthens against the New Zealand Dollar (NZD) after the US House passes a bill to end the government shutdown.
NZD/USD
Fxstreet
Thu, Nov 13
Australian Dollar rises on upbeat labor market data
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Thursday, extending its gains for the second consecutive day. The AUD/USD pair appreciates as the AUD receives support following the release of improved employment data from Australia.
AUD/USD
Fxstreet
Thu, Nov 13
PBOC sets USD/CNY reference rate at 7.0865 vs. 7.0833 previous
On Thursday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0865 compared to the previous day's fix of 7.0833 and 7.1156 Reuters estimate.
USD/CNH
Fxstreet
Thu, Nov 13
USD/JPY drifts higher above 154.50 as BoJ rate hike expectations fade
The USD/JPY pair attracts some buyers near 154.75, the highest since February, during the early Asian session on Thursday.
USD/JPY
Fxstreet
Wed, Nov 12
GBP/JPY Price Forecast: Extends rally above 203.00 on weaker Yen
The Pound Sterling clings to gains versus the Japanese Yen on Wednesday, gains over 0.31%, trading at around 203.16 boosted by overall JPY weakness across the board.
GBP/JPY
Fxstreet
Wed, Nov 12
UK GDP expected to post modest growth in Q3
The UK’s Office for National Statistics (ONS) will release the advanced prints of the Q3 Gross Domestic Product (GDP) on Thursday. If the figures meet market consensus, the UK economy would have maintained its pace of expansion at 1.4% annualised, showing that momentum could have begun to stall.
GBP/USD
Fxstreet
Wed, Nov 12
EUR/USD steady beneath 1.16, traders await US shutdown vote, Fed clarity
The Euro consolidates for the second straight day unable to crack the 1.1600 figure as risk appetite improve due to the imminent re-opening of the US government as the House of Representatives votes on the stopgap funding bill.
EUR/USD
Fxstreet
Wed, Nov 12
Australia unemployment rate expected to edge lower in October
Australia is scheduled to publish the October monthly employment report on Thursday at 0:30 GMT, with market participants anticipating a modest improvement in labor market conditions. Still, the expected outcome indicates persistent weakness in the sector.
AUD/USD
Fxstreet
Wed, Nov 12
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