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Pound Sterling trades broadly firm as markets expect BoE to leave rates unchanged next week
The Pound Sterling (GBP) consolidates against its major peers on Thursday, but the British currency remains firm against its major counterparts due to expectations that the Bank of England (BoE) will follow a more gradual policy-easing cycle compared with other central banks in Europe and North America.
GBP/USD
Fxstreet
Thu, Dec 12
NZD/USD: To retest the 0.5765 before a more sustained recovery – UOB Group
New Zealand Dollar (NZD) could retest the 0.5765 before a more sustained recovery can be expected.
NZD/USD
Fxstreet
Thu, Dec 12
EUR/CHF rises toward 0.9350 following a bumper rate cut by the SNB
EUR/CHF gains ground following the SNB Monetary Policy Assessment, trading around 0.9340 during the European hours on Thursday.
EUR/CHF
Fxstreet
Thu, Dec 12
AUD/USD: Likely to trade in a range between 0.6355 and 0.6415 – UOB Group
Australian Dollar (AUD) is likely to trade in a range between 0.6355 and 0.6415.
AUD/USD
Fxstreet
Thu, Dec 12
GBP/USD: Expected to trade in a sideways range of 1.2720/1.2785 – UOB Group
Pound Sterling (GBP) is expected to trade in a sideways range of 1.2720/1.2785.
GBP/USD
Fxstreet
Thu, Dec 12
USD/CHF advances to near 0.8900 as SNB unexpectedly cuts interest rates by 50 bps
The USD/CHF pair surges to a fresh two-week high near 0.8900 as Swiss France (CHF) dives after the Swiss National Bank (SNB) surprisingly reduces its key borrowing rates by 50 basis points (bps) to 0.5%.
USD/CHF
Fxstreet
Thu, Dec 12
EUR/USD: Unlikely to weaken much further – UOB Group
Euro (EUR) is unlikely to weaken much further; it is more likely to trade in a 1.0475/1.0535 range.
EUR/USD
Fxstreet
Thu, Dec 12
USD/CAD Price Forecast: Hovers around 1.4150 after pulling back from multi-year highs
USD/CAD remains tepid for the second successive day, trading around 1.4150 during the European session on Thursday.
USD/CAD
Fxstreet
Thu, Dec 12
EUR/USD rises as ECB interest-rate decision looms
EUR/USD gains sharply around 1.0520 in Thursday’s European session ahead of the European Central Bank’s (ECB) interest rate decision, which will be announced at 13:15 GMT.
EUR/USD
Fxstreet
Thu, Dec 12
NZD/USD trades above 0.5800 after rebounding from two-year lows
NZD/USD breaks its two days of losses after reaching a two-year low at 0.5761 on Wednesday, currently trading around 0.5820 during the early European hours on Thursday.
NZD/USD
Fxstreet
Thu, Dec 12
Forex Today: ECB and SNB rate decision, US data to keep action going
Here is what you need to know on Thursday, December 12: The European Central Bank (ECB) and the Swiss National Bank (SNB) will announce monetary policy decisions following the last policy meeting of the year on Thursday.
EUR/USD
Fxstreet
Thu, Dec 12
EUR/JPY Price Forecast: Resumes uptrend within ascending trend channel above 160.00
The EUR/JPY cross trades in positive territory for the fourth consecutive day around 160.35 during the early European session on Thursday.
EUR/JPY
Fxstreet
Thu, Dec 12
USD/CHF remains below 0.8850 ahead of SNB Interest Rate Decision
USD/CHF offers its recent gains as the US Dollar (USD) corrects downwards after breaking its four-day winning streak.
USD/CHF
Fxstreet
Thu, Dec 12
EUR/USD sticks to positive bias around 1.0500 ahead of ECB; not out of the woods yet
The EUR/USD pair edges higher during the Asian session on Thursday and for now, seem to have snapped a four-day losing streak to over a one-week low touched the previous day.
EUR/USD
Fxstreet
Thu, Dec 12
GBP/USD rebounds from 1.2750 as US Dollar declines due to rising odds of a Fed rate cut
GBP/USD recovers its recent losses registered in the previous session, trading around 1.2770 during the Asian hours on Thursday.
GBP/USD
Fxstreet
Thu, Dec 12
Japanese Yen trims part of its weekly losses against USD; upside potential seems limited
The Japanese Yen (JPY) gains some positive traction during the Asian session on Thursday, with the USD/JPY pair snapping a three-day winning streak to a two-week high touched the previous day.
USD/JPY
Fxstreet
Thu, Dec 12
USD/INR drifts higher as US Dollar demand surges
The Indian Rupee (INR) loses ground on Thursday after hitting a record low in the previous session.
Fxstreet
Thu, Dec 12
USD/CAD falls to near 1.4150 as BoC signals a gradual approach to future rate cuts
USD/CAD extends its losses for the second successive day, trading around 1.4150 during the Asian session on Thursday.
USD/CAD
Fxstreet
Thu, Dec 12
AUD/JPY gathers strength to near 97.50 as Australia's Unemployment Rate falls in November
The AUD/JPY cross gathers strength to around 97.40 during the Asian session on Thursday.
AUD/JPY
Fxstreet
Thu, Dec 12
Australian Dollar remains stronger after the release of employment data
The Australian Dollar (AUD) halts its two days of losses against the US Dollar (USD) on Thursday. The AUD remains stronger after the release of domestic mixed employment data.
AUD/USD
Fxstreet
Thu, Dec 12
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