News
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GBP holds mid-range among G10 ahead of quiet Data week – Scotiabank
The Pound Sterling (GBP) is modestly lower ahead of Tuesday’s North American session, with limited domestic data leaving the market focused on Bank of England policy, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Tue, Dec 2
GBP/JPY Price Forecast: Uptrend intact as bulls defend 205.00 support
The British Pound (GBP) gains traction against the Japanese Yen (JPY) on Tuesday as easing Japanese Government Bond (JGB) yields weigh on the Yen and support a rebound in GBP/JPY after three straight days of losses.
Fxstreet
Tue, Dec 2
Euro holds steady near 1.16 as CPI aligns with expectations – Scotiabank
The Euro (EUR) is trading flat to the US Dollar (USD) while outperforming most of the G10 currencies as it consolidates in a tight range around 1.16, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Tue, Dec 2
Sterling eases against euro on central banks differentials
By Joice Alves LONDON, Dec 2 (Reuters) - The pound fell against the euro on Tuesday after euro zone inflation cemented the view that the European Central Bank was done easing interest rates while the Bank of England is expected to cut in December.The euro rose 0.1% against the pound to 87.96 penc...Reuters
Tue, Dec 2
AUD/USD gains as Fed rate cut bets weigh on USD, focus on Australian GDP
AUD/USD trades around 0.6550 on Tuesday at the time of writing, up 0.20% on the day. The pair benefits from a slightly stronger risk tone and a US Dollar (USD) weakened by rising expectations of additional monetary easing from the Federal Reserve (Fed).
Fxstreet
Tue, Dec 2
European banks led by BNP, ING push ahead on euro stablecoin plan
Amsterdam-based firm expects to launch in second half of 2026BNP Paribas joins consortium with nine other banks Former NatWest chair Howard Davies to be chairBy Elizabeth Howcroft and Jesús Aguado PARIS/MADRID, Dec 2 (Reuters) - A group of 10 European banks, including ING INGA.AS, UniCredit CRDI....Reuters
Tue, Dec 2
EUR/JPY snaps three-day losing streak as solid JGB auction weakens the Yen
The Euro (EUR) edges higher against the Japanese Yen (JPY) on Tuesday as the Yen weakens in response to easing Japanese Government Bond (JGB) yields after the latest 10-year auction sees solid demand. At the time of writing, EUR/JPY is trading around 186.29, snapping a three-day losing streak.
Fxstreet
Tue, Dec 2
FOREX-Euro steadies after inflation data, dollar rises vs yen as JGB auction brings relief
By Joice Alves LONDON, Dec 2 (Reuters) - The euro steadied after data on Tuesday showed euro zone inflation was slightly hotter-than-expected, while the dollar rose against the yen as an auction of Japanese government debt drew solid demand, easing investor nerves after Monday's selloff in gl...Reuters
Tue, Dec 2
EUR/USD holds tight around 1.1610 – BBH
EUR/USD remains range-bound near 1.1610, with support at 1.1500 and resistance at the 100-day moving average of 1.1644. Eurozone November CPI data reinforces the ECB’s on-hold stance, with headline inflation at 2.2% y/y and core CPI steady at 2.4% y/y, BBH FX analysts report.Fxstreet
Tue, Dec 2
USD/JPY picks up to levels past 156.00 amid an improving market mood
The US Dollar remains bid against a softening Japanese Yen on Tuesday's European trading session. A somewhat brighter market mood is weighing on JPY, and provides support to the Greenback to extend its recovery from Monday’s lows near 154.65 to levels above 156.00 at the time of writing.Fxstreet
Tue, Dec 2
Euro steadies, dollar rises vs yen as JGB auction brings relief
By Joice Alves and Gregor Stuart Hunter LONDON/SINGAPORE, Dec 2 (Reuters) - The euro steadied on Tuesday ahead of euro zone inflation and unemployment data, while the dollar rose against the yen after an auction of Japanese government debt drew solid demand, easing investor nerves after MondayReuters
Tue, Dec 2
