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EUR/GBP strengthens to near 0.8750 on upbeat German Industrial Production data
The EUR/GBP cross gains traction to near 0.8750, snapping the three-day losing streak during the early European trading hours on Monday. The Euro (EUR) edges higher against the Pound Sterling (GBP) after the German Industrial Production data.
EUR/GBP
Fxstreet
Mon, Dec 8
FOREX-Dollar soft ahead of Fed meet
'Hawkish cut' expected for FedRates seen on hold in Australia, Canada, Switzerland and BrazilAussie dollar hits 2-1/2-month high as hike swings into view SINGAPORE, Dec 8 (Reuters) - The U.S. dollar drifted lower on Monday, ahead of a week crammed with central bank meetings and headlined ...
Reuters
Mon, Dec 8
Forex Today: US Dollar starts critical Fed week under pressure
Here is what you need to know on Monday, December 8:
Fxstreet
Mon, Dec 8
AUD/USD stays firm near 0.6650 on upbeat China’s Trade Balance data, RBA policy eyed
The AUD/USD pair extends its winning streak for the 12th trading day on Monday. The Aussie pair trades firmly to near its over two-month high of 0.6650 during the late Asian session, posted on Friday.
AUD/USD
Fxstreet
Mon, Dec 8
EUR/JPY Price Forecast: Strengthens to near 181.00 amid bullish technical signals
The EUR/JPY cross gains ground to near 180.90 during the early European session on Monday. The Japanese Yen (JPY) softens against the Euro (EUR) amid the weaker-than-expected revised Gross Domestic Product (GDP) report.
EUR/JPY
Fxstreet
Mon, Dec 8
USD/INR gains at open on consistent FIIs selling, RBI’s dovish policy
The Indian Rupee (INR) opens on a bearish note against the US Dollar (USD) at the start of the week.
Fxstreet
Mon, Dec 8
FOREX-Dollar finds footing ahead of Fed meet
'Hawkish cut' expected for FedRates seen on hold in Australia, Canada, Switzerland and Brazil SINGAPORE, Dec 8 (Reuters) - The U.S. dollar steadied on Monday after two weeks of selling, ahead of a week crammed with central bank meetings and headlined by the U.S. Federal Reserve, where an ...
Reuters
Mon, Dec 8
US Dollar Index weakens below 99.0 on rising Fed rate cut bets
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 98.90 during the Asian trading hours on Monday.
Fxstreet
Mon, Dec 8
NZD/USD gains momentum as China's trade surplus hits 5-month high
The NZD/USD pair attracts some buyers to around 0.5785 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) remains weak against the US Dollar (USD) after China’s Trade Balance data. All eyes will be on the US Federal Reserve (Fed) interest rate decision on Wednesday.
NZD/USD
Fxstreet
Mon, Dec 8
Japanese Yen remains on the front foot as wage growth bolsters BoJ rate hike expectations
The Japanese Yen (JPY) attracts some dip-buying at the start of a new week and remains close to its highest level since November 14, touched against a weaker US Dollar (USD) on Friday.
USD/JPY
Fxstreet
Mon, Dec 8
China November exports up 5.9%, imports rise 1.9%
BEIJING, Dec 8 (Reuters) - China's exports grew by 5.9% in November from a year earlier in dollar value terms, while imports rose 1.9%, customs data showed on Monday. Outbound shipments from the world's second-biggest economy were forecast to have grown an annual 3.8%, according to economist...
Reuters
Mon, Dec 8
USD/CAD holds onto Friday’s losses around 1.3800, investors await Fed-BoC policy
The USD/CAD pair trades weakly near its 11-week low around 1.3800 during the Asian trading session on Monday.
USD/CAD
Fxstreet
Mon, Dec 8
EUR/USD posts modest gains near 1.1650 amid Fed rate cut bets
The EUR/USD pair posts modest gains around 1.1645 during the early Asian session on Monday. The prospect of a US Federal Reserve (Fed) rate cut at its December meeting on Wednesday could weigh on the US Dollar (USD) against the Euro (EUR).
EUR/USD
Fxstreet
Mon, Dec 8
AUD/USD holds steady below 0.6650, highest since September ahead of China's trade data
The AUD/USD pair enters a bullish consolidation phase at the start of a new week and oscillates in a narrow range near its highest level since September 16, touched on Friday.
AUD/USD
Fxstreet
Mon, Dec 8
Australian dollar braces for hawkish RBA, bond yields hit two-year high
10-year Australian government bond yields hit new two-year topRBA widely expected to hold rates after run of hot dataKey is how hawkish commentary will beAussie near multi-month highsBy Stella Qiu SYDNEY, Dec 8 (Reuters) - The Australian dollar was on edge on Monday as traders braced for a widely...
Reuters
Mon, Dec 8
PBOC sets USD/CNY reference rate at 7.0764 vs. 7.0749 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0764 compared to Friday's fix of 7.0749.
USD/CNH
Fxstreet
Mon, Dec 8
When is the China’s Trade Balance and how could it affect AUD/USD?
The General Administration of Customs will publish its data for November on Monday at 03.00 GMT. Trade balance is expected to widen to $100.20B in November, compared to $90.07 in the previous reading. Exports are expected to rise by 3.8%, while Imports are projected to climb by 2.8%.
AUD/USD
Fxstreet
Mon, Dec 8
GBP/USD consolidates around 1.3330 as traders await Fed rate decision
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band, around the 1.3320-1.3325 region, during the Asian session.
GBP/USD
Fxstreet
Mon, Dec 8
FOREX-Dollar finds footing ahead of Fed meet
'Hawkish cut' expected for FedRates seen on hold in Australia, Canada, Switzerland and Brazil SINGAPORE, Dec 8 (Reuters) - The U.S. dollar steadied on Monday after two weeks of selling, ahead of a week crammed with central bank meetings and headlined by the U.S. Federal Reserve, where an ...
Reuters
Mon, Dec 8
USD/JPY loses momentum below 155.50 as Fed rate cut looms, Japan-China military tensions flare
The USD/JPY pair loses ground to near 155.25 during the early Asian session on Monday. The US Dollar (USD) weakens against the Japanese Yen (JPY) as traders brace for the Federal Reserve (Fed) meeting this week, where policymakers are widely expected to cut interest rates.
USD/JPY
Fxstreet
Sun, Dec 7
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