News
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EUR/USD holds gains ahead of Eurozone business activity figures
EUR/USD remains steady near two-and-a-half-month highs on Tuesday, trading practically flat at 1.1750 at the time of writing, ahead of the release of the preliminary Eurozone Manufacturing and Services Purchasing Managers Indexes (PMIs) for December and the delayed US employment figures.Fxstreet
Tue, Dec 16
USD/CHF trades calmly near 0.7960 in countdown to US NFP
The USD/CHF pair trades stably around 0.7960 during the early European trading session on Tuesday. The Swiss Franc pair remains calm as investors await the United States (US) Nonfarm Payrolls (NFP) report for October and November, which will be published at 13:30 GMT.
Fxstreet
Tue, Dec 16
FOREX-Yen, dollar firm as bumper rates week keeps safe-havens bid
Combined non-farm payrolls for October and November due Euro steady as markets weigh prospects for Ukraine peace deal Greenback weakest against Chinese yuan since October 2024By Gregor Stuart Hunter SINGAPORE, Dec 16 (Reuters) - The yen rallied and the dollar pushed up from a two-month low in Asi...Reuters
Tue, Dec 16
When is the UK labor market report and how could it affect GBP/USD?
The UK Office for National Statistics (ONS) will publish its labor market report at 07.00 GMT. The UK ILO Unemployment Rate is expected to rise to 5.1% in October from 5.0% in September. Employment Change arrived at -22K in September.
Fxstreet
Tue, Dec 16
Kiwi dollar extends losing streak, bonds rally as markets wager on steady rates
Dec 16 (Reuters) - The kiwi dollar was under pressure on Tuesday and bonds rallied as markets pared back bets on rate increases next year, with the government's mid-year budget revealing a small reduction in a near-term bond issuance programme. The kiwi slipped 0.3% NZD= to $0.5764 after...Reuters
Tue, Dec 16
Japanese Yen remains on the front foot amid rising BoJ rate hike bets and softer risk tone
The Japanese Yen (JPY) climbs to a one-and-a-half-week top against a broadly weaker US Dollar (USD) during the Asian session on Tuesday and seems poised to appreciate further. Market participants seem convinced that the Bank of Japan (BoJ) will raise interest rates this week.
Fxstreet
Tue, Dec 16
Economists at CBA, NAB call for Australia February rate hike
SYDNEY, Dec 16 (Reuters) - The Commonwealth Bank of Australia and the National Australia Bank, two of the country's four major banks, now expect the central bank to hike interest rates in February next year as inflation picks up in a capacity-constrained economy. "We see a rate hike as neces...Reuters
Tue, Dec 16
NZD/USD weakens below 0.5800 on disappointing Chinese data, US NFP data in focus
The NZD/USD pair trades in negative territory for the fourth consecutive day around 0.5775 during the early Asian session on Tuesday. The downbeat Chinese economic data exert some selling pressure on the New Zealand Dollar (NZD) against the US Dollar (USD).
Fxstreet
Tue, Dec 16
