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PBOC sets USD/CNY reference rate at 7.1876 vs. 7.1854 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1876, as compared to the previous day's fix of 7.1854 and 7.2745 Reuters estimates.

Fxstreet

Fri, Dec 13

GBP/USD breaks down as Pound bulls roll over

GBP/USD lost its grip on Thursday, easing back below the 1.2700 handle and shedding over half of a percent in the pair’s worst showing in weeks. US Producer Price Index (PPI) inflation rose faster than expected in November, and US weekly Initial Jobless Claims also rose faster than forecasts.

Fxstreet

Fri, Dec 13

EUR/USD pushed into a fifth straight loss, falls below 1.05 again

Fiber eased lower for for a fifth consecutive trading day after the European Central Bank (ECB) trimmed interest rates by another 25 bps, with broader market sentiment keeping one foot firmly in the Greenback for the day.

Fxstreet

Fri, Dec 13

NZD/USD strengthens above 0.5750, bullish US Dollar might cap its downside

The NZD/USD pair gains ground to near 0.5770 during the early Asian session on Friday.

Fxstreet

Fri, Dec 13

USD/CAD holds above 1.4200 as hot US PPI boosts US Dollar

The USD/CAD pair posts modest gains to near 1.4215 during the early Asian session on Friday.

Fxstreet

Thu, Dec 12

EUR/AUD Price Forecast: Recovers after plunging below 1.6400 post ECB decision

The EUR/AUD trims some of its earlier losses on Thursday as the European Central Bank lowered interest rates.

Fxstreet

Thu, Dec 12

Canadian Dollar tumbles to fresh multi-year lows

The Canadian Dollar (CAD) was unable to keep itself afloat on Thursday, ultimately declining another 0.4% against the safe haven Greenback.

Fxstreet

Thu, Dec 12

Forex Today: US PPI inflation uptick keeps sentiment taut

US PPI inflation figures ticked higher in November, causing investors to tighten their stance slightly and keep the safe haven Greenback bid into the high side, though overall market mood remains on-balance.

Fxstreet

Thu, Dec 12

Mexican Peso retreats on thin trading after strong US PPI

The Mexican Peso weakens after posting back-to-back bullish days, dropping over 0.44% against the Greenback as mixed US economic data and a holiday in Mexico keep trading conditions thin.

Fxstreet

Thu, Dec 12

EUR/USD Price Analysis: Pair slips to 1.0500, deepens losses below 20-day SMA

The EUR/USD pair extended its downside on Thursday, slipping to 1.0500 and further distancing itself from the 20-day Simple Moving Average (SMA).

Fxstreet

Thu, Dec 12

AUD/USD gains as US jobs data points to Fed easing

The Australian Dollar recovers some ground on Thursday against the Greenback, following the release of US jobs data.

Fxstreet

Thu, Dec 12

EUR/JPY dips further below 159.50 post ECB’s rate cut

The Euro weakens against the Japanese Yen during the North American session after the European Central Bank (ECB) cut interest rates.

Fxstreet

Thu, Dec 12

Germany Current Account n.s.a. fell from previous €22.6B to €12.5B in October

Germany Current Account n.s.a. fell from previous €22.6B to €12.5B in October

Fxstreet

Thu, Dec 12

EUR/GBP hovers near two-week lows at 0.8220 following ECB’s rate cut.

The Euro remains practically unchanged, near two-year lows after the ECB’s rate cut.

Fxstreet

Thu, Dec 12

GBP holds trading range versus USD – Scotiabank

The RICS House Price Index rose to 25 in November, up from 16 in October.

Fxstreet

Thu, Dec 12

CAD steadies as spreads stabilize – Scotiabank

The Canadian Dollar (CAD) is steady. The BoC duly cut the policy rate 50bps yesterday and signaled that the pace of policy easing would moderate, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Fxstreet

Thu, Dec 12

EUR: ECB meeting is nigh – Scotiabank

The ECB is expected to cut its policy rate 25bps to 3.00% this morning.

Fxstreet

Thu, Dec 12

NZD/USD Price Forecast: Reversal setup on chart but will unlikely set off

The NZD/USD pair gives up its intraday gains and returns below the round-level figure of 0.5800 in Thursday’s early North American session.

Fxstreet

Thu, Dec 12

USD/JPY rally halts at 152.90 awaiting more data from the US

The US Dollar recovery loses steam with bulls halted at 152.90.

Fxstreet

Thu, Dec 12

Brazil Retail Sales (MoM) came in at 0.4%, above forecasts (-0.2%) in October

Brazil Retail Sales (MoM) came in at 0.4%, above forecasts (-0.2%) in October

Fxstreet

Thu, Dec 12

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