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France HCOB Services PMI came in at 46.9, above expectations (45.7) in November

France HCOB Services PMI came in at 46.9, above expectations (45.7) in November

Fxstreet

Wed, Dec 4

Italy HCOB Services PMI came in at 49.2, below expectations (51.6) in November

Italy HCOB Services PMI came in at 49.2, below expectations (51.6) in November

Fxstreet

Wed, Dec 4

USD/KRW: Retracement may find support – OCBC

USD/KRW saw a sharp run up towards 1444 after President Yoon surprisingly declared martial law.

Fxstreet

Wed, Dec 4

EUR/USD: Expected to continue to trade in a range – UOB Group

The Euro (EUR) is expected to continue to trade in a range, most likely between 1.0480 and 1.0535.

Fxstreet

Wed, Dec 4

EUR/USD ticks higher as traders brace for volatility ahead of French no-confidence vote

EUR/USD edges higher and holds the key support of 1.0500 in European trading hours on Wednesday.

Fxstreet

Wed, Dec 4

GBP/USD Price Forecast: Bearish bias remains unchanged below 1.2700

The GBP/USD pair trades in positive territory for the second consecutive day around 1.2690 during the early European session on Wednesday.

Fxstreet

Wed, Dec 4

USD/CHF Price Forecast: Remains constructive above 0.8850, eyes on Fed’s Powell speech

The USD/CHF pair flat lines around 0.8860 on Wednesday during the early European trading hours.

Fxstreet

Wed, Dec 4

Forex Today: US Dollar stabilizes as focus shifts to key data releases, central bank speak

Here is what you need to know on Wednesday, December 4: The action in foreign exchange markets remain choppy early Wednesday as investors refrain from taking large positions ahead of key events.

Fxstreet

Wed, Dec 4

AUD/JPY Price Forecast: Recovers after intraday slump to sub-96.00 levels, bearish bias remains

The AUD/JPY cross dropped to its lowest level since September 18 during the Asian session on Wednesday as softer Australian GDP print lifted bets for an early interest rate cut by the Reserve Bank of Australia (RBA).

Fxstreet

Wed, Dec 4

NZD/USD rebounds slightly from one-week low, still deep in the red around mid-0.5800s

The NZD/USD pair attracts fresh sellers following the previous day's good two-way price move and drops to a one-week low during the Asian session on Wednesday.

Fxstreet

Wed, Dec 4

USD/INR holds steady as traders await Indian Services PMI release

The Indian Rupee (INR) trades on a flat note on Wednesday after reaching its all-time low in the previous session.

Fxstreet

Wed, Dec 4

USD/CAD consolidates near weekly high, around 1.4070 as traders await Powell’s speech

The USD/CAD pair struggles to capitalize on its gains registered over the past two days and oscillates in a range, around the 1.4070 area during the Asian session on Wednesday.

Fxstreet

Wed, Dec 4

Australian Dollar seems vulnerable after weaker domestic GDP and China's Services PMI

The Australian Dollar (AUD) moves lower in reaction to weaker domestic Gross Domestic Product (GDP) growth figures.

Fxstreet

Wed, Dec 4

PBOC sets USD/CNY reference rate at 7.1934 vs. 7.1996 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1934, as compared to the previous day's fix of 7.1996.

Fxstreet

Wed, Dec 4

EUR/USD trapped below 1.06

Several EU-centric datapoints are releasing on Wednesday, but most of the figures are final prints that are unlikely to move markets, and most investors are pivoting to face US Nonfarm Payrolls (NFP) jobs data due at the end of the week.

Fxstreet

Wed, Dec 4

Japanese Yen struggles to gain ground ahead of Jibun Bank Services PMI data

The Japanese Yen (JPY) trades in negative territory on Wednesday. The upbeat US Manufacturing PMI data and job openings data this week indicated that the US economy remains robust, lifting the Greenback.

Fxstreet

Wed, Dec 4

GBP/USD churns near 1.2700

GBP/USD churned chart paper just south of the 1.2700 handle on Tuesday, roiling bids as Pound Sterling traders grapple with a significant lull in meaningful UK-centric economic data and broader markets gear up for a fresh pass of US Nonfarm Payrolls (NFP) data due at the end of the week.

Fxstreet

Tue, Dec 3

South Korean Won: KRW stabilizes after South Korean Parliament axes martial law call

South Korea’s conservative President Yoon Suk Yeol declared “emergency martial law” early Tuesday in a surprise move that rattled equities with exposure to South Korean markets.

Fxstreet

Tue, Dec 3

NZD/USD Price Analysis: Pair reversed gains after touching 20-day SMA above 0.5890

The NZD/USD pair retreated on Tuesday's session, giving up the initial gains after reaching a daily high of 0.5890, just above its 20-day Simple Moving Average (SMA).

Fxstreet

Tue, Dec 3

Australia's Gross Domestic Product growth expected to tick up slightly in Q3

Australia will release Gross Domestic Product (GDP) figures for the third quarter (Q3) on Wednesday.

Fxstreet

Tue, Dec 3

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