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EUR/GBP softens below 0.8850 despite growing expectations of BoE rate cut
The EUR/GBP cross loses momentum to near 0.8820 during the early European session on Thursday. Nonetheless, the potential downside for the cross might be limited, as weakening UK economic data have increased expectations for a Bank of England (BoE) interest rate cut in December.
Fxstreet
Thu, Nov 20
Japan's bonds, currency slide as fiscal concerns mount
By Rocky Swift and Junko Fujita TOKYO, Nov 20 (Reuters) - Japanese government bonds (JGBs) slid sharply on Thursday, sending 30-year yields to an all-time high, as concerns mounted over the country's fiscal health and the yen's depreciation to a 10-month low.The 30-year JGB yield JP30YTN=...Reuters
Thu, Nov 20
GBP/USD gains traction above 1.3050 ahead of delayed US NFP release
The GBP/USD pair trades with mild gains near 1.3060, snapping the four-day losing streak, during the early European session on Thursday. Markets might turn cautious later in the day ahead of the release of the delayed US September Nonfarm Payrolls (NFP) report.
Fxstreet
Thu, Nov 20
Australia, NZ dollars nurse heavy losses as US rate cut bets crumble
By Stella Qiu SYDNEY, Nov 20 (Reuters) - The Australian and New Zealand dollars nursed heavy losses on Thursday as a sharp pullback in Federal Reserve interest rate cut bets turbocharged the greenback, with their near-term fate now depending on the U.S. jobs data due later in the day. The...Reuters
Thu, Nov 20
FOREX-Yen slumps, dollar jumps as US rate cut bets recede
Yen slides back to where it began the yearEuro falls to $1.1510; Kiwi hits 7-month lowExpectations for US cut in December below 25%By Tom Westbrook SINGAPORE, Nov 20 (Reuters) - The dollar was riding high on Thursday after notching its sharpest gain in six weeks as Fed minutes made a December U.S...Reuters
Thu, Nov 20
FOREX-Yen slumps, dollar jumps as rate cut bets recede
Yen slides back to where it began the yearEuro falls to $1.15; Kiwi hits 7-month lowExpectations for US cut in December below 25%By Tom Westbrook SINGAPORE, Nov 20 (Reuters) - The dollar was riding high on Thursday after notching its sharpest gain in six weeks as Fed minutes made a December U.S. ...Reuters
Thu, Nov 20
Australian Dollar remains stronger following PBoC interest rate decision
The Australian Dollar (AUD) holds ground against the US Dollar (USD) on Thursday following the People’s Bank of China (PBoC) interest rate decision. China's central bank announced to leave its Loan Prime Rates (LPRs) unchanged in November.
Fxstreet
Thu, Nov 20
NZD/USD holds positive ground above 0.5600 as PBOC holds rates
The NZD/USD pair recovers some lost ground around 0.5605 during the early European session on Thursday. The upside for the pair might be limited, as the imminent rate cut from the Reserve Bank of New Zealand (RBNZ) could weigh on the New Zealand (NZD) against the US Dollar (USD).
Fxstreet
Thu, Nov 20
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