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Silver Price Forecast: RSI divergence emerges as XAG/USD eases after hitting record highs
Silver (XAG/USD) trades on the back foot on Thursday as bulls take a breather and book partial profits after the metal climbed to record highs near $58.98 on Wednesday. At the time of writing, XAG/USD is trading around $56.87, down roughly 2.77% on the day.
Silver
Fxstreet
Thu, Dec 4
JPY leads G10 as BoJ hike bets grow – Scotiabank
The Japanese Yen (JPY) strengthens sharply as tightening expectations for the BoJ accelerate, driven by Governor Ueda’s latest hawkish remarks.
USD/JPY
Fxstreet
Thu, Dec 4
GBP pushes toward late-October highs – Scotiabank
The Pound Sterling (GBP) stays firm near the top of its overnight range, with options markets sharply repricing protection against GBP weakness after the UK budget.
GBP/USD
Fxstreet
Thu, Dec 4
EUR holds gains as Fed/ECB spread widens – Scotiabank
The Euro (EUR) is consolidating this week’s advance, supported by widening rate differentials and a neutral ECB outlook, with little reaction to soft euro-area data.
EUR/USD
Fxstreet
Thu, Dec 4
CAD shrugs off renewed USMCA withdrawal threat – Scotiabank
The Canadian Dollar (CAD) shows only mild weakness after fresh headlines on a possible USMCA withdrawal, but persistent long-term trade uncertainty continues to cap gains.
USD/CAD
Fxstreet
Thu, Dec 4
EURJPY slips as Yen strengthens on rising BoJ rate hike expectations
The Euro (EUR) weakens against the Japanese Yen (JPY) on Thursday as the Yen outperforms major peers, buoyed by growing speculation that the Bank of Japan (BoJ) could raise interest rates at its upcoming December 19 monetary policy meeting.
EUR/JPY
Fxstreet
Thu, Dec 4
USD/CAD picks up from 1.3940 lows ahead of US and Canadian data
The US Dollar is showing moderate gains against its Canadian counterpart on Thursday, trading at 1.3970 after bouncing from five-week lows near 1.3940.
USD/CAD
Fxstreet
Thu, Dec 4
FOREX-Dollar down for tenth straight day, yen at 2-1/2 week high
Weak US data bolsters rate cut expectations Euro the major winner amid dollar decline in 2025Yen intervention worries ease but BOJ rate path remains uncertainBy Ankur Banerjee and Samuel Indyk LONDON, Dec 4 (Reuters) - The U.S. dollar edged lower as lacklustre data appeared to cement the case for...
Reuters
Thu, Dec 4
POLL-Canadian dollar forecasts turn less bullish as trade deal remains elusive
Canadian dollar to strengthen less than expected due to trade deal delaysBoC may lower rates if core inflation nears target, says economist SaundersUS-Canada trade talks stalled, affecting economic outlookBy Fergal Smith TORONTO, Dec 4 (Reuters) - The Canadian dollar will strengthen less than pre...
Reuters
Thu, Dec 4
USD/JPY extends losses to fresh two-week lows near 154.50
The US Dollar-Yen recovery attempt seen during Thursday’s early Asian session was capped at 155.50, and the pair resumed its broader bearish trend during the European trading session, breaching Monday’s low of 154.65 to hit fresh two-week lows near 154.50 at the time of writing.
USD/JPY
Fxstreet
Thu, Dec 4
AUD/USD rallies further around 0.6600 as RBA seems done with rate cuts
The AUD/USD pair extends its winning streak for the tenth trading day on Thursday.
AUD/USD
Fxstreet
Thu, Dec 4
POLL-Canadian dollar forecasts turn less bullish as trade deal remains elusive
Canadian dollar to strengthen less than expected due to trade deal delaysBoC may lower rates if core inflation nears target, says economist SaundersUS-Canada trade talks stalled, affecting economic outlookBy Fergal Smith TORONTO, Dec 4 (Reuters) - The Canadian dollar will strengthen less than pre...
Reuters
Thu, Dec 4
AUD: RBA poised to kick off easing cycle early 2026 – BNY
The Reserve Bank of Australia (RBA) could set the stage for fresh policy guidance next week, potentially signaling the start of an easing cycle, though AUD gains are not guaranteed, BNY's EMEA Macro Strategist Geoff Yu reports.
AUD/USD
Fxstreet
Thu, Dec 4
USD/JPY slides below 155 amid strong JGB demand – BBH
USD/JPY dipped below 155.00 as strong demand for Japan’s 30-year government bonds pushed yields lower, highlighting investor appetite ahead of the Bank of Japan’s (BoJ) December rate decision, BBH FX analysts report.
USD/JPY
Fxstreet
Thu, Dec 4
GBP/USD holds gains above 200-DMA – BBH
GBP/USD remains supported after yesterday’s rally, trading above its 200-day moving average, even as the DMP survey signals moderate wage growth, BBH FX analysts report.
GBP/USD
Fxstreet
Thu, Dec 4
Sterling steady after biggest daily jump since April
Upward revision of UK business activity supports poundConcerns recede after budgetBoE likely to cut rates this monthBy Samuel Indyk LONDON, Dec 4 (Reuters) - The pound steadied against the dollar on Thursday after rising over 1% the day before, its biggest daily jump since April, as an upward rev...
Reuters
Thu, Dec 4
Fed cut expected to boost EUR/USD – Danske Bank
EUR/USD may rise as markets price in a December Fed rate cut, with structural factors and energy markets providing additional support.
EUR/USD
Fxstreet
Thu, Dec 4
Eurozone Retail Sales remains flat on month in October vs. 0.1% growth prior
The Eurozone Retail Sales, which is a key measure of consumer spending, remains flat month-on-month (MoM) in October, while it was expected to grow by 0.1%, reported by Eurostat on Thursday. In September, the consumer spending measure rose by 0.1%, revised from a negative 0.1%.
EUR/USD
Fxstreet
Thu, Dec 4
Eurozone Retail Sales (YoY) registered at 1.5% above expectations (1.4%) in October
Eurozone Retail Sales (YoY) registered at 1.5% above expectations (1.4%) in October
EUR/USD
Fxstreet
Thu, Dec 4
Eurozone Retail Sales (MoM) registered at 0%, below expectations (0.1%) in October
Eurozone Retail Sales (MoM) registered at 0%, below expectations (0.1%) in October
EUR/USD
Fxstreet
Thu, Dec 4
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