News
Important Only
AUD/USD holds steady below 0.6550 as traders await Australian GDP release
The AUD/USD pair trades on a flat note near 0.6540 during the early Asian trading hours on Tuesday. Weaker-than-expected US economic data and rising US interest rate cut expectations in December drag the US Dollar (USD) lower against the Australian Dollar (AUD).
Fxstreet
Tue, Dec 2
FOREX-Dollar on the defensive as PMI data boosts case for rate cut
Investor confidence brittle after selloff on MondayISM manufacturing survey 48.2 last month vs 48.7 in OctoberGlobal bond yields rise as data show input prices rising By Gregor Stuart Hunter SINGAPORE, Dec 2 (Reuters) - The U.S. dollar remained under pressure on Tuesday as weaker-than-expected ma...Reuters
Tue, Dec 2
GBP/USD slides as UK budget strains and US labor data weigh
GBP/USD soured on Monday, starting off the December trading window declining around one-quarter of one percent, pushing back down from a key technical confluence region that will likely inspire further short selling behind the Pound Sterling (GBP) unless global flows into the US Dollar (USD) reverse
Fxstreet
Mon, Dec 1
USD/JPY weakens below 155.50 as BoJ's Ueda signals December rate hike
The USD/JPY pair loses ground to a two-week low around 155.45 during the early Asian session on Tuesday. The Japanese Yen (JPY) edges higher against the US Dollar (USD) following hawkish rhetoric from the Bank of Japan (BoJ) Governor Kazuo Ueda.
Fxstreet
Mon, Dec 1
Euro clings above 1.1600 as Dollar softens amid quiet data lull
EUR/USD clings to the 1.1600 mark posting modest gains of over 0.15% on Monday as the Greenback tumbles following hawkish remarks by Kazuo Ueda, Bank of Japan Governor. A light economic docket in both sides of the Atlantic boosted the Euro’s prospects.
Fxstreet
Mon, Dec 1
FOREX-Dollar eases versus yen as BOJ hints at rate hike
Yen gains against euro, pound and Australian dollarUS manufacturing slump deepens in NovemberFed interest rate cut this month nearly fully priced inDollar eases as traders weigh outlook for US rates, Fed leadershipBy Saqib Iqbal Ahmed and Amanda Cooper NEW YORK, Dec 1 (Reuters) - The dollar slipp...Reuters
Mon, Dec 1
CANADA FX DEBT-Canadian dollar edges lower as factory downturn lengthens
Canadian dollar falls 0.1% against the greenbackTrades in a range of 1.3956 to 1.3991Manufacturing PMI falls to 48.4 in NovemberBond yields rise across the curveBy Fergal Smith TORONTO, Dec 1 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Monday, giving back some rec...Reuters
Mon, Dec 1
EUR/USD holds firm as mixed PMI signals keep Dollar on the defensive
The Euro (EUR) steadies against the US Dollar (USD) on Monday, with EUR/USD hovering near two-week highs reached earlier in the day as traders digest the latest ISM Manufacturing Purchasing Managers Index (PMI) data.Fxstreet
Mon, Dec 1
Top Russian banker says the EU faces 50 years of litigation if it takes Russia's frozen assets
By Gleb Bryanski MOSCOW, Dec 1 (Reuters) - Top Russian banker Andrei Kostin said that Moscow would retaliate if the European Union used frozen Russian sovereign assets for a loan to Ukraine, and said Moscow could unleash half a century of litigation over the money.At a summit in October, EU leade...Reuters
Mon, Dec 1
Venezuela's bonds rise as traders eye US pressure
NEW YORK, Dec 1 (Reuters) - Venezuela's defaulted sovereign bond prices were indicated up as much as 3.4 cents on the dollar on Monday after U.S. President Donald Trump said on Saturday that airspace over and around Venezuela should be considered "closed in its entirety," without elabora...Reuters
Mon, Dec 1
GBP/USD holds higher as rising December cut bets fuel Sterling demand
The GBP/USD post modest gains rise over 0.20% on Monday as investors grow confidence that the Federal Reserve might cut rates in the next week meeting, and traders prized in a possible nomination of the White House Economic Adviser Kevin Hassett to succeed Powell at the Fed.Fxstreet
Mon, Dec 1
FOREX-Dollar falls vs yen as BOJ hints at rate hike
Yen gains against euro, pound, and Australian dollarUS manufacturing slump deepens in NovemberFed interest rate cut this month nearly fully priced inDollar eases as traders weigh outlook for US rates, Fed leadershipBy Saqib Iqbal Ahmed and Amanda Cooper NEW YORK, Dec 1 (Reuters) - The dollar ...Reuters
Mon, Dec 1
Analysts narrow Mexico growth forecast for 2025
MEXICO CITY, Dec 1 (Reuters) - Private-sector analysts polled by Mexico's central bank lowered their expectations for economic growth this year to 0.40%, down from 0.50% in last month's forecast, the bank said on Monday.Analysts also slightly lowered their forecast for the nation's econo...Reuters
Mon, Dec 1
GBP/JPY falls to five-day low as Ueda’s hawkish tone lifts the Yen
The British Pound (GBP) softens against the Japanese Yen (JPY) at the start of the week as hawkish comments from the Bank of Japan (BoJ) Governor Kazuo Ueda lift the Yen across the board. GBP/JPY trades near 205.25 at the time of writing, marking its lowest level in five days.
Fxstreet
Mon, Dec 1
