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USD/JPY dips to test a previous top at 156.60 following hot Japanese inflation

The Yen is picking up from five-month lows on Friday, supported by a somewhat softer US Dollar and hot Japanese inflation figures.

Fxstreet

Fri, Dec 20

Mexican Peso pares some losses with all eyes on US PCE inflation

The Mexican Peso (MXN) trades with minor gains against the US Dollar (USD) on Friday, regaining some of the ground lost following a ”hawkish cut” by the Federal Reserve (Fed) on Wednesday.

Fxstreet

Fri, Dec 20

AUD/USD trades sideways slightly above 0.6200 as US PCE inflation takes centre stage

The AUD/USD pair trades inside Thursday’s trading range slightly above the two-year low of 0.6200 near 0.6230.

Fxstreet

Fri, Dec 20

Russia Interest Rate Decision came in at 21% below forecasts (23%)

Russia Interest Rate Decision came in at 21% below forecasts (23%)

Fxstreet

Fri, Dec 20

EUR/USD trades with caution as Fed’s hawkish cut boosts US Dollar’s appeal

EUR/USD slightly recovers but trades cautiously near the yearly lows around 1.0350 in Friday’s European session.

Fxstreet

Fri, Dec 20

AUD/USD remains close to multi-year low, holds above 0.6200 ahead of US PCE data

The AUD/USD pair attracts some dip-buyers near the 0.6215 area on Friday and turns positive for the second successive day on Friday, though it lacks bullish conviction.

Fxstreet

Fri, Dec 20

Pound Sterling attempts to gain ground after UK Retail Sales data

The Pound Sterling (GBP) attempts to recover against its major peers on Friday after the release of the United Kingdom (UK) Retail Sales data for November, which rose less than anticipated.

Fxstreet

Fri, Dec 20

USD/JPY Price Forecast: Bulls pause for breather ahead of US PCE Price Index

The USD/JPY pair retreats following an intraday uptick to the 158.00 neighborhood, or a five-month peak and continues losing ground through the early European session on Friday.

Fxstreet

Fri, Dec 20

France Producer Prices (MoM) rose from previous 0.9% to 3.2% in November

France Producer Prices (MoM) rose from previous 0.9% to 3.2% in November

Fxstreet

Fri, Dec 20

AUD/JPY falls below 98.00 following stronger inflation from Japan

AUD/JPY retraces its recent gains, trading around 97.90 during the European session on Friday.

Fxstreet

Fri, Dec 20

Forex Today: Fed-inspired USD rally pauses, eyes on PCE inflation data

Here is what you need to know on Friday, December 20: After rising sharply on Wednesday, the US Dollar (USD) Index preserved its bullish momentum on Thursday and touched its highest level in over two years early Friday before entering a consolidation phase.

Fxstreet

Fri, Dec 20

NZD/USD remains below 0.5650 after paring losses, US PCE eyed

NZD/USD recovers daily losses to halt its losing streak, trading around 0.5640 during the early European hours on Friday.

Fxstreet

Fri, Dec 20

EUR/GBP gathers strength to near 0.8300 after UK Retail Sales data

The EUR/GBP cross drifts higher to near 0.8300 during the early European session on Friday.

Fxstreet

Fri, Dec 20

Germany Producer Price Index (MoM) came in at 0.5%, above expectations (0.3%) in November

Germany Producer Price Index (MoM) came in at 0.5%, above expectations (0.3%) in November

Fxstreet

Fri, Dec 20

Germany Producer Price Index (YoY) came in at 0.1%, above expectations (-0.3%) in November

Germany Producer Price Index (YoY) came in at 0.1%, above expectations (-0.3%) in November

Fxstreet

Fri, Dec 20

USD/CAD moves toward multi-year highs above 1.4400 due to risk aversion, lower Oil prices

USD/CAD retraces its recent losses and edges higher toward 1.4467, the highest level not seen since March 2020, which was recorded in the previous session.

Fxstreet

Fri, Dec 20

USD/CHF gains ground above 0.8950 as traders brace for US PCE data

The USD/CHF pair holds positive ground around 0.8980 during the early European session on Friday.

Fxstreet

Fri, Dec 20

EUR/USD struggles near 1.3060 area, just above two-year low ahead of US PCE data

The EUR/USD pair continues with its struggle to attract any meaningful buyers and oscillates in a range around the 1.0360 area during the Asian session on Friday.

Fxstreet

Fri, Dec 20

GBP/USD Price Forecast: Tests seven-month lows below 1.2500

GBP/USD continues to lose ground for the third consecutive day, trading around 1.2490 during the Asian hours on Friday.

Fxstreet

Fri, Dec 20

Japanese Yen bulls remain on the sidelines despite strong Japan’s National CPI print

The Japanese Yen (JPY) prolongs a two-week-old downtrend and hits a five-month low against its American counterpart during the Asian session on Friday.

Fxstreet

Fri, Dec 20

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