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GBP/USD: Likely to trade sideways between 1.2930 and 1.3010 – UOB Group

Instead of continuing to advance, the Pound Sterling (GBP) is more likely to trade sideways between 1.2930 and 1.3010.

Fxstreet

Fri, Nov 8

EUR/USD: Levels to watch are 1.0665 and 1.0600 – UOB Group

The Euro (EUR) is expected to trade in a range between 1.0740 and 1.0840.

Fxstreet

Fri, Nov 8

AUD/USD Price Forecast: Rejection near 100-day SMA supports prospects for deeper losses

The AUD/USD pair fails to capitalize on the previous day's strong move-up to the 0.6700 neighborhood, or a two-week top and retreats from the vicinity of the 100-day Simple Moving Average (SMA) resistance.

Fxstreet

Fri, Nov 8

Pound Sterling tries to hold onto recent rebound as BoE Bailey signals gradual rate-cut cycle

The Pound Sterling (GBP) trades lower against the US Dollar (USD) below the psychological resistance of 1.3000 in Friday’s London session.

Fxstreet

Fri, Nov 8

Forex Today: Markets stabilize, investors assess Fed announcements in aftermath of Trump victory

Here is what you need to know on Friday, November 8: Following two days of highly volatile action, financial markets stay relatively quiet early Friday as investors digest the Federal Reserve's (Fed) policy announcements following Donald Trump's victory in the presidential election.

Fxstreet

Fri, Nov 8

AUD/JPY drops to near 101.50 as Aussie struggles due to fears over Trump tariffs on China

AUD/JPY retraces its recent gains from the previous session, trading around 101.60 during the early European hours on Friday.

Fxstreet

Fri, Nov 8

USD/CAD Price Forecast: Tests nine-day EMA close to 1.3900 within an ascending channel

The USD/CAD pair gains ground to near 1.3880 during the Asian trading session on Friday.

Fxstreet

Fri, Nov 8

USD/CHF edges higher above 0.8700 amid renewed US Dollar demand

The USD/CHF pair drifts higher to around 0.8730 during the early European session on Friday.

Fxstreet

Fri, Nov 8

EUR/JPY drops to two-week low around mid-164.00s, lacks follow-through selling

The EUR/JPY cross remains under some selling pressure for the second successive day and drops to a two-week low, around mid-164.00s during the Asian session on Friday.

Fxstreet

Fri, Nov 8

GBP/USD Price Forecast: Faces rejection near 100-day SMA, holds above mid-1.2900s

The GBP/USD pair struggles to build on the previous day's positive move and faces rejection near the 100-day Simple Moving Average (SMA) during the Asian session on Friday.

Fxstreet

Fri, Nov 8

NZD/USD depreciates to near 0.6000 due to Trump’s tariff threat on Chinese goods

NZD/USD depreciates as the New Zealand Dollar (NZD) receives downward pressure from the concerns about Donald Trump’s proposals to raise tariffs on Chinese goods, given that New Zealand is a close trading partner to China.

Fxstreet

Fri, Nov 8

USD/INR gathers strength as equity outflows drag Indian Rupee to fresh low

The Indian Rupee (INR) weakens on Friday. The local currency depreciated to record lows again in the previous session amid weak domestic equities and sustained foreign fund outflows.

Fxstreet

Fri, Nov 8

Japanese Yen ticks lower against USD, intervention fears help limit losses

The Japanese Yen (JPY) edges lower against its American counterpart during the Asian session on Friday and stalls the previous day's recovery move from the lowest level since July 30.

Fxstreet

Fri, Nov 8

Australian Dollar loses ground as US Dollar appreciates due to Trump’s tariff threat

The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday.

Fxstreet

Fri, Nov 8

PBOC sets USD/CNY reference rate at 7.1433 vs. 7.1659 previous

On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1433, as compared to the previous day's fix of 7.1659 and 7.1452 Reuters estimates.

Fxstreet

Fri, Nov 8

GBP/USD holds below 1.3000 after BoE/Fed rate decision

The GBP/USD pair edges lower to around 1.2975 during the Asian trading hours on Friday.

Fxstreet

Fri, Nov 8

USD/CAD holds steady above 1.3850 as Fed cuts its rates, eyes on Canadian employment report

The USD/CAD pair flat lines near 1.3860 during the early Asian session on Friday.

Fxstreet

Thu, Nov 7

USD/JPY churns post-Fed rate cut, FOMC delivers 25 bps rate trim

USD/JPY roiled just north of the 153.00 handle on Thursday as investors grapple to find something motivational after the Federal Reserve (Fed) widely met market expecations and delivered a quarter-point interest rate cut on November 7.

Fxstreet

Thu, Nov 7

AUD/USD declines despite Fed cutting rates by 25 bps

The AUD/USD currency pair declined but holds gains around 0.6640 after the Federal Reserve (Fed) cut its target range for the federal funds rate by 25 basis points on Thursday.

Fxstreet

Thu, Nov 7

EUR/USD loses 1.08 after Fed interest rate call delivers quarter-point cut

EUR/USD trimmed its wick on Thursday, easing back below the 1.0800 handle after the Federal Reserve (Fed) delivered a widely-anticipated 25 bps rate trim.

Fxstreet

Thu, Nov 7

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