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GBP/JPY hits session lows near 202.30 after weak UK employment data
The Pound has come under pressure on Tuesday, following disappointing UK labour market data. The GBP/JPY extended its reversal from Monday’s highs near 203.20 to session lows right above 202.30, before picking up to the 202.60 area at the time of writing.
Fxstreet
Tue, Nov 11
EUR/JPY Price Forecast: Targets fresh record highs near 179.00 as bullish bias prevails
EUR/JPY extends its gains for the third consecutive session, trading around 178.40 during the European hours on Tuesday. The currency cross shows strong short-term momentum, trading above the nine-day Exponential Moving Average (EMA).
Fxstreet
Tue, Nov 11
AUD/NZD eases from 1.1590, after hitting fresh 12-year highs
The Aussie Dollar has rallied well beyond 2% against its New Zealand counterpart over the last two weeks, reaching 12-year highs near 1.1600. RBA-RBNZ monetary policy divergence and weak New Zealand macroeconomic figures are crushing investors’ confidence in the New Zealand Dollar.
Fxstreet
Tue, Nov 11
Pound Sterling slumps as UK job market deteriorates further
The Pound Sterling (GBP) falls sharply against its major currency peers on Tuesday. The British currency weakens as the United Kingdom (UK) labour market data for the three months ending September has signaled that job market conditions have deteriorated further.
Fxstreet
Tue, Nov 11
EUR/GBP rises to near 0.8800 following UK jobs data, German ZEW Survey eyed
EUR/GBP rises after halting its four-day losing streak, trading around 0.8800 during the early European hours on Tuesday. The currency cross appreciates as the Pound Sterling (GBP) loses ground following the release of the United Kingdom (UK) labor market report.
Fxstreet
Tue, Nov 11
USD/CAD strengthens above 1.4000 as US advances shutdown deal
The USD/CAD pair gathers strength to near 1.4035 during the early European session on Tuesday. Hopes of an end to the longest government shutdown in history provide some support to the US Dollar (USD) against the Canadian Dollar (CAD).
Fxstreet
Tue, Nov 11
AUD/JPY Price Forecast: Bullish outlook remains in play near 100.50 amid intervention fears
The AUD/JPY cross declines to around 100.60 during the early European session on Tuesday. The Japanese Yen (JPY) edges higher against the Japanese Yen (JPY) on verbal intervention from Japanese authorities.
Fxstreet
Tue, Nov 11
USD/CHF ticks down to near 0.8045 on hopes of US-Swiss trade deal
The USD/CHF pair edges lower to near 0.8045 during the late Asian trading session on Tuesday. The Swiss Franc pair faces slight selling pressure as the Swiss Franc (CHF) outperforms its peers on hopes that the United States (US) and Switzerland will reach a trade deal soon.
Fxstreet
Tue, Nov 11
USD/INR trades flat at open as focus shifts to India’s retail inflation data
The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Tuesday. The USD/INR pair continues to trade sideways around 88.85 for almost a week as investors await a breakthrough in trade talks between the United States (US) and India.Fxstreet
Tue, Nov 11
EUR/JPY gains traction above 178.00 ahead of German/Eurozone ZEW Survey releases
The EUR/JPY cross gains ground to near 178.35 during the Asian trading hours on Tuesday. The Euro (EUR) strengthens against the Japanese Yen (JPY) on improved risk sentiment. The release of the German and Eurozone ZEW Economic Sentiment Index will be in the spotlight later on Tuesday.Fxstreet
Tue, Nov 11
EUR/USD holds losses near 1.1550 ahead of German ZEW Survey data
EUR/USD edges lower after four days of gains, trading around 1.1560 during the Asian hours on Tuesday. The pair holds losses as the US Dollar (USD) gains support amid growing hopes that the US government shutdown resolution is nearing.Fxstreet
Tue, Nov 11
NZD/USD softens below 0.5650 amid hopes of US shutdown end
The NZD/USD pair loses traction near 0.5640 during the Asian trading hours on Tuesday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) after the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions survey.Fxstreet
Tue, Nov 11
USD/CAD rebounds toward 1.4050 as US shutdown resolution nears
USD/CAD gains ground after two days of losses, trading around 1.4030 during the Asian hours on Tuesday. The pair rises as the US Dollar (USD) gains support amid progress in the US Senate toward passing a deal to reopen the government.Fxstreet
Tue, Nov 11
Japanese Yen weakens on BoJ rate hike uncertainty and US shutdown resolution hopes
The Japanese Yen (JPY) drifts lower for the third consecutive day on Tuesday and touches a fresh multi-month low against its American counterpart during the Asian session. On Monday, the Bank of Japan's (BoJ) Summary of Opinions indicated divided views on rate hikes.
Fxstreet
Tue, Nov 11
Australian Dollar loses ground despite stronger Westpac Consumer Confidence
The Australian Dollar (AUD) declines against the US Dollar (USD) on Tuesday after two days of gains. The AUD/USD pair weakens as the US Dollar (USD) receives support from growing hopes for a potential deal to end the United States (US) federal government shutdown in the coming days.
Fxstreet
Tue, Nov 11
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