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EUR/GBP declines as central bank divergence keeps the cross range bound
The Euro (EUR) edges lower against the British Pound (GBP) on Wednesday, with EUR/GBP oscillating within its familiar one-week range as caution dominates broader FX markets ahead of the Federal Reserve’s (Fed) interest rate decision later in the day.
Fxstreet
Wed, Dec 10
CAD steady ahead of BoC decision and Macklem remarks – Scotiabank
The Canadian Dollar (CAD) is little changed. The Bank of Canada (BoC) policy decision is a statement only affair today at 9.45ET, with Gov. Macklem speaking 45 minutes later to finesse messaging, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Dec 10
USD/CHF extends losses with traders awaiting Fed cut and Powell guidance
The Swiss Franc (CHF) trades slightly firmer against the US Dollar (USD) on Wednesday, with USD/CHF extending losses for a second consecutive day as the Greenback stays on the back foot ahead of the Federal Reserve’s (Fed) interest rate decision at 19:00 GMT.Fxstreet
Wed, Dec 10
FOREX-US dollar edges down vs euro and yen before Fed policy meeting
Markets brace for a Fed hawkish rate cutBOJ is expected to hike in December, but fiscal policy in focusEuro supported by a more hawkish rate outlookBy Stefano Rebaudo Dec 10 (Reuters) - The U.S. dollar edged down versus the euro and the yen on Wednesday as investors awaited the Federal Reserve po...Reuters
Wed, Dec 10
Sterling edges up vs dollar, flat versus euro, Fed in focus
By Stefano Rebaudo Dec 10 (Reuters) - Sterling edged up against the dollar and was roughly unchanged versus the euro as investors braced for the Federal Reserve policy meeting outcome due later in the session and data on British economic growth on Friday.The greenback slipped against the euro and...Reuters
Wed, Dec 10
USD/CAD holds above 1.3800 ahead of Fed decision – BBH
USD/CAD trades firmer above key support at 1.3800 as markets await the Fed’s decision, while the Bank of Canada is widely expected to hold rates at 2.25%, with swaps pricing a potential 25bps hike over the next year supporting the Canadian Dollar (CAD), BBH FX analysts report.Fxstreet
Wed, Dec 10
Kenya expects more IMF programme talks during January staff visit
NAIROBI, Dec 10 (Reuters) - Kenya's central bank governor said on Wednesday that International Monetary Fund staff were expected visit the country in January to continue discussions with Kenyan authorities over a new support programme."We continue to have discussions with the IMF on getting ...Reuters
Wed, Dec 10
INDIA RUPEE-Indian rupee dips after choppy trading, Fed's rate decision in focus
By Jaspreet KalraMUMBAI, Dec 10 (Reuters) - The Indian rupee slipped on Wednesday, ending a session of back-and-forth price action shaped by portfolio flows, likely maturity of positions in the non-deliverable forwards market and caution ahead of the Federal Reserve's policy decision.The rupee ...Reuters
Wed, Dec 10
USD/JPY: Any advance may not reach 157.20 – UOB Group
Further US Dollar (USD) strength is not ruled out; any advance may not reach 157.20. In the longer run, USD must close above 157.20 before a move to 157.90 can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Dec 10
USD/CAD Price Forecast: Wobbles around 1.3850 ahead of BoC-Fed policy outcome
The USD/CAD pair trades marginally higher around 1.3850 during the European trading session on Wednesday. The Loonie pair consolidates as investors await the monetary policy by the Bank of Canada (BoC) and the Federal Reserve (Fed), which will be announced later in the day.Fxstreet
Wed, Dec 10
EUR/JPY tests long-term highs at 182.60 amid generalised Yen weakness
The Yen remains the worst-performing currency of the G8 majors this week. EUR/JPY downside attempts have been contained above a previous high, at the 182.00 area earlier on Wednesday, and the pair reversed previous losses to retest its highest levels in more than 30 years at 182.60.
Fxstreet
Wed, Dec 10
FOREX-Yen edges up after three-day losing streak, Fed meeting in focus
Markets brace for a hawkish Fed rate cutBOJ is expected to hike in December, but future moves uncertainEuro supported by a more hawkish rate outlookBy Rae Wee and Stefano Rebaudo Dec 10 (Reuters) - The yen was set to snap a three-day losing streak on Wednesday after being pressured by wide intere...Reuters
Wed, Dec 10
