News
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NZD/USD weakens to near 0.5750 as upbeat GDP fails to lift Kiwi
The NZD/USD pair attracts some sellers to around 0.5760 during the early European trading hours on Friday, pressured by renewed US Dollar (USD) demand. Traders will keep an eye on the University of Michigan Consumer Sentiment Index and UoM Consumer Inflation Expectations data later on Friday.
Fxstreet
Fri, Dec 19
GBP/JPY Price Analysis: Hits fresh highs above 209.00 due to persistent bullish bias
GBP/JPY reaches fresh record highs after registering little losses in the previous session, trading at 209.18 during the early European hours on Friday. A look at the daily chart shows the currency cross is moving upwards within an ascending channel pattern, indicating a persistent bullish bias.
Fxstreet
Fri, Dec 19
USD/CAD Price Forecast: Remains broadly sideways below 1.3800
The USD/CAD pair trades higher around 1.3790 in the early European trading session on Friday. The Loonie pair edges up as the US Dollar (USD) regains ground after being jolted by soft United States (US) Consumer Price Index (CPI) data for November.
Fxstreet
Fri, Dec 19
EUR/USD Price Forecast: Tests nine-day support near 1.1700
EUR/USD remains weaker for the fourth consecutive session, trading around 1.1720 during the Asian hours on Friday. On the daily chart, technical analysis indicates a prevailing bullish bias, as the pair remains within the ascending channel pattern.Fxstreet
Fri, Dec 19
EUR/GBP holds steady near 0.8750 following BoE rate cut, ECB policy hold
The EUR/GBP cross trades on a flat note around 0.8760 during the early European session on Friday. This move follows the Bank of England's (BoE) interest rate cut and market expectations for a steady European Central Bank (ECB) policy.
Fxstreet
Fri, Dec 19
EUR/CAD ticks up to near 1.6160 ahead of ECB speeches
The EUR/CAD pair edges higher to near 1.6160 during the early European trading session on Friday. The cross ticks up as the Euro (EUR) outperforms its major peers ahead of speeches from a slew of European Central Bank (ECB) policymakers later in the day.
Fxstreet
Fri, Dec 19
Yen slips after BOJ raises rates in widely anticipated move
BOJ raises rates as expected, yen easesFocus turns to BOJ Governor Ueda's press conference at 0630 GMTEuro under pressure on lack of ECB outlookBoE cut much closer run than market expected; sterling steadyBy Tom Westbrook SINGAPORE, Dec 19 (Reuters) - The yen fell slightly on Friday after the...
Reuters
Fri, Dec 19
Russia's Dmitriev welcomes EU summit decision not to use Russia's frozen assets
MOSCOW, Dec 19 (Reuters) - Kirill Dmitriev, Russian President Vladimir Putin's special envoy for investment and economic cooperation, said on Friday that "law and sanity" won, after European Union leaders decided to borrow cash to fund Ukraine rather than use Russia's frozen assets....Reuters
Fri, Dec 19
USD/CHF rises to near 0.7950 ahead of UoM Consumer Sentiment Index
USD/CHF recovers its recent losses registered in the previous session, trading around 0.7950 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) recovers losses ahead of the release of the University of Michigan Consumer Sentiment Index for December later in the day.
Fxstreet
Fri, Dec 19
Australia, NZ dollars edge up on yen after BOJ's widely expected hike
SYDNEY, Dec 19 (Reuters) - The Australian and New Zealand dollars gained on the yen on Friday after the Bank of Japan raised interest rates to a 30-year high in a widely telegraphed move, though the two currencies were still down against the U.S. dollar for the week. The BOJ raised short-term intere...Reuters
Fri, Dec 19
FOREX-Yen dips after BOJ raises rates in widely anticipated move
BOJ raises rates as expected, yen easesFocus is on BOJ Governor Ueda's press conference at 0630 GMTEuro under pressure on lack of ECB outlookBoE cut much closer run than market expected; sterling steadyBy Tom Westbrook SINGAPORE, Dec 19 (Reuters) - The yen fell slightly on Friday after the Ba...Reuters
Fri, Dec 19
Silver Price Forecast: XAG/USD falls on profit-taking but remains buoyed by Fed rate cut bets
Silver price (XAG/USD) falls to around $64.95 during the Asian trading hours on Friday. The white metal retreats after hitting a record high in the previous sessions as traders book profits.
Fxstreet
Fri, Dec 19
FOREX-Fragile yen dips after BOJ raises rates in widely anticipated move
BOJ raises rates as expected, yen easesEuro under pressure on lack of ECB outlookBoE cut much closer run than market expected; sterling steadyBy Tom Westbrook SINGAPORE, Dec 19 (Reuters) - The yen fell slightly on Friday in choppy trading after the Bank of Japan's closely watched policy decis...Reuters
Fri, Dec 19
EUR/JPY gains further to near 183.00 as BoJ raises interest rates to 0.75%
The EUR/JPY pair extends its upside to near 183.00 on Friday as the Japanese Yen (JPY) weakens, after the monetary policy announcement by the Bank of Japan (BoJ). The pair rises further as the BoJ has raised its interest rates by 25 basis points (bps) to 0.75%.
Fxstreet
Fri, Dec 19
GBP/JPY climbs further beyond mid-208.00s after BoJ’s widely expected 25 bps rate hike
The GBP/JPY cross attracts some dip-buyers during the Asian session on Friday and stalls the previous day's late pullback from levels just above the 209.00 mark, or a fresh high since August 2008.Fxstreet
Fri, Dec 19
