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EUR/JPY Price Forecast: Hits record highs near 180.00 on bullish breakout
EUR/JPY extends its winning streak for the fifth successive session, trading near a fresh all-time high of 179.82 during the European hours on Thursday. The currency cross breaks above the upper resistance of an ascending wedge pattern, signalling strong buying pressure and a bullish breakout.
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.
Fxstreet
Thu, Nov 13
FOREX-Yen sinks to record low vs euro as Japan PM touts slow rate hikes
Yen drops despite verbal intervention from finance ministerAussie gains after jobs data reduces odds of RBA rate cutMarkets set for US data flood after government shutdown endsBy Kevin Buckland TOKYO, Nov 13 (Reuters) - The yen dipped to a record low versus the euro and wallowed near a nine-month...Reuters
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.
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.
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.
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.
Fxstreet
Thu, Nov 13
Aussie gains, bonds tumble as jobs data crushes easing bets
Strong jobs data drove bonds to eight-month lowsHopes for further RBA easing appear to be dispelledThat prospects lifts Aussie to another 12-year top on kiwi By Stella Qiu SYDNEY, Nov 13 (Reuters) - The Australian dollar gained on Thursday as a solid jobs report led markets to virtually price out...Reuters
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.Fxstreet
Thu, Nov 13
FOREX-Yen sinks to record low vs euro as Japan PM touts slow rate hikes
Yen drops despite verbal intervention from finance ministerAussie gains after jobs data reduces odds of RBA rate cutUS shutdown ends, markets set for flood of data releasesBy Kevin Buckland TOKYO, Nov 13 (Reuters) - The yen dipped to a record low versus the euro and wallowed near a nine-month tro...Reuters
Thu, Nov 13
Bank of Japan aims for wage-driven inflation, aligns with government view
Underlying inflation accelerating toward 2%, BOJ's Ueda saysBOJ aims to achieve moderate inflation driven by wages, growthFinance minister says inflation yet to durably hit BOJ targetYen, bonds sold on expectation of big spending, slow rate hikeWeak yen exposes contradiction of Takaichi policy, ...Reuters
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.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.
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.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.
Fxstreet
Thu, Nov 13
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