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Eurozone Construction Output s.a (MoM): -0.5% (September) vs previous -0.1%
Eurozone Construction Output s.a (MoM): -0.5% (September) vs previous -0.1%
EUR/USD
Fxstreet
Thu, Nov 20
USD/JPY eyes January high near 159.00 – Société Générale
USD/JPY continues its rebound, breaking a multi-month descending trend line and approaching the January high near 158.85–159.10. While resistance in this zone may prompt a short-term pullback, the recent low at 154.40 offers key support, Société Générale's FX analysts note.
USD/JPY
Fxstreet
Thu, Nov 20
USD/JPY hits intervention zone at 157-158 – ING
USD/JPY has surged into the 157-158 range, a zone traditionally sensitive for Japanese authorities, ING's FX analyst Francesco Pesole notes.
USD/JPY
Fxstreet
Thu, Nov 20
USD/JPY: Major resistance at 158.00 is likely out of reach for now – UOB Group
There is scope for the rally in US Dollar (USD) to test 157.55, the major resistance at 158.00 is likely out of reach for now. In the longer run, USD is expected to continue moving higher; the next level to watch is 158.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/JPY
Fxstreet
Thu, Nov 20
NZD/USD: Likely to weaken to 0.5585 – UOB Group
New Zealand Dollar (NZD) could continue to weaken, but any decline is likely limited to a test of 0.5585. In the longer run, given the sharp increase in downward momentum, NZD is likely to weaken to 0.5585, potentially 0.5565, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZD/USD
Fxstreet
Thu, Nov 20
AUD/USD: Likely to trade between 0.6450 and 0.6510 – UOB Group
Australian Dollar (AUD) is likely to trade between 0.6450 and 0.6510. In the longer run, downward bias remains intact, but AUD must close below 0.6440 before a move to 0.6405 can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUD/USD
Fxstreet
Thu, Nov 20
Pound Sterling ticks up despite firm BoE dovish bets
The Pound Sterling (GBP) ticks higher against its major currency peers, except antipodeans, on Thursday.
GBP/USD
Fxstreet
Thu, Nov 20
EUR: Drops below 1.1500 unsustainable for now – ING
Our EUR/USD model returns a short-term undervaluation of 2%, ING's FX analyst Francesco Pesole notes.
EUR/USD
Fxstreet
Thu, Nov 20
EUR/USD dives further as traders pare back Fed cuts bets
EUR/USD extends losses for the fifth consecutive day and trades at 1.1520 at the time of writing on Thursday after a sharp reversal from levels near 1.1600 on Wednesday.
EUR/USD
Fxstreet
Thu, Nov 20
USD/CAD Price Forecast: Remains near 1.4050 within ascending channel
USD/CAD moves little after registering more than 0.5% gains in the previous session, trading around 1.4060 during the European hours on Thursday. The daily chart’s technical setup reflects a revived bullish bias, with the pair rebounding within its ascending channel pattern.
USD/CAD
Fxstreet
Thu, Nov 20
FOREX-Dollar perky, yen looks peaky as US rate cut bets fade
Yen slides back to where it began the yearEuro falls to $1.1510; Expectations for US cut in December below 25%By Tom Westbrook SINGAPORE, Nov 20 (Reuters) - The dollar was riding high on Thursday after Fed minutes made a December U.S. rate cut seem less likely, and its strong gains against the ye...
Reuters
Thu, Nov 20
AUD/USD trades subduedly near 0.6470 ahead of US NFP data
The AUD/USD pair trades marginally lower to near 0.6470 during the European trading session on Thursday. The Aussie pair is under slight pressure as the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades firmly near its over five-month high around 100.30.
AUD/USD
Fxstreet
Thu, Nov 20
GBP/USD: Unlikely to break below 1.3000 – UOB Group
Pound Sterling (GBP) could decline further; deeply oversold conditions suggest it is unlikely to break below 1.3000. In the longer run, there is room for GBP to test the significant support level at 1.3000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBP/USD
Fxstreet
Thu, Nov 20
BOJ policymaker leans towards rate hike despite government pushback
Prices have been 'relatively strong', Koeda saysJapan's real interest rate 'clearly low' vs other countriesBOJ must proceed with normalising interest rate, Koeda saysRemarks suggest Koeda would vote for BOJ rate riseBy Leika Kihara NIIGATA, Japan, Nov 20 (Reuters) - The Bank o...
Reuters
Thu, Nov 20
JPY: Under political pressure – Commerzbank
The Japanese Yen (JPY) continued to depreciate steadily over the last few days, reaching its weakest level against the US dollar since the beginning of the year, with USD/JPY even rising above 157.
USD/JPY
Fxstreet
Thu, Nov 20
Silver Price Forecast: XAG/USD hesitates around $51.00 with US NFP eyed
Silver (XAG/USD) retreated from weekly highs near $52.00 on Wednesday, as the US Dollar jumped following the release of hawkishly leaning FOMC minutes.
Silver
Fxstreet
Thu, Nov 20
EUR/JPY Price Forecast: Eyes 182.00 after hitting record highs
EUR/JPY extends its winning streak for the fourth successive session, reached fresh all-time high of 181.73 and currently trading around 181.40 during the early European hours on Thursday. The currency cross moves upwards within the ascending channel pattern, suggesting a persistent bullish bias.
EUR/JPY
Fxstreet
Thu, Nov 20
NZD/USD Price Forecast: Sticks to modest recovery gains above 0.5600 ahead of US NFP
The NZD/USD pair gains some positive traction on Thursday and recovers a part of the previous day's heavy losses to the lowest level since April 9.
NZD/USD
Fxstreet
Thu, Nov 20
Forex Today: US Dollar rises on easing Fed rate cut bets, focus shifts to NFP
Here is what you need to know on Thursday, November 20:
Fxstreet
Thu, Nov 20
Germany Producer Price Index (YoY) registered at -1.8% above expectations (-1.9%) in October
Germany Producer Price Index (YoY) registered at -1.8% above expectations (-1.9%) in October
EUR/USD
Fxstreet
Thu, Nov 20
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