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GBP flat against USD, underperforms most G10 currencies – Scotiabank
The British Pound (GBP) is largely flat against the US Dollar (USD) heading into Monday’s North American session, underperforming most G10 peers, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Mon, Dec 1
CAD holds steady despite slight pullback against USD – Scotiabank
The Canadian Dollar (CAD) is down fractionally on the session against the US Dollar (USD) but losses are very modest and spot is all but unchanged in effect over the weekend, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Mon, Dec 1
EUR/CHF holds firm as Swiss retail sales beat forecasts, Eurozone PMI weakens
The Euro (EUR) pares some of its early gains against the Swiss Franc (CHF) on Monday as traders digest stronger-than-expected Swiss Real Retail Sales alongside softer Eurozone manufacturing signals. At the time of writing, EUR/CHF is trading around 0.9324, easing from a daily high of 0.9338.
Fxstreet
Mon, Dec 1
US Dollar slips against Swiss Franc as Fed rate cut bets grow, Swiss GDP shrinks
USD/CHF trades lower on Monday, around 0.8010 at the time of writing, down 0.25% on the day. The pair comes under pressure from a weakening US Dollar (USD) as investors increasingly price in additional monetary easing from the Federal Reserve (Fed).
Fxstreet
Mon, Dec 1
FOREX-Yen rises as BOJ hints at rate hike; dollar braces for crucial December
Yen gains against euro, pound, and Australian dollar25bp Fed cut this month nearly fully priced inDollar eases as traders weigh outlook for US rates, Fed leadershipBy Amanda Cooper LONDON, Dec 1 (Reuters) - The yen headed for its biggest one-day rally in almost two months on Monday after Bank...Reuters
Mon, Dec 1
EUR/USD eyes upside after holding 1.15 support in November – DBS
EUR/USD may extend gains in December after holding 1.15 support, as ECB President Lagarde is expected to signal rates are appropriate, supporting the euro amid a resilient Eurozone economy and stable conditions in France, DBS' Senior FX Strategist Philip Wee notes.Fxstreet
Mon, Dec 1
Sterling dips as investors take profit on 'Rachel rally'
By Amanda CooperLONDON, Dec 1 (Reuters) - The pound edged lower on Monday, as investors took some profits on November's modest gains ahead of a widely expected interest rate cut later this month. Sterling gained more than 1% last week, marking its largest weekly gain since early August, lifted b...Reuters
Mon, Dec 1
AUD/USD trades flat around 0.6550 ahead of US ISM Manufacturing PMI
The AUD/USD pair trades calmly near 0.6550 during the European trading session on Monday. The Aussie pair consolidates while the US Dollar (USD) refreshes the two-week low, signaling that the Australian Dollar is also underperforming its currency peers.
Fxstreet
Mon, Dec 1
EUR/JPY falls as BoJ rate hike bets strengthen Japanese Yen
EUR/JPY trades lower around 180.50 on Monday at the time of writing, down 0.35% on the day. The move reflects a clear strengthening of the Japanese Yen (JPY) following fresh comments from Bank of Japan (BoJ) Governor Kazuo Ueda, which revived expectations of an imminent policy rate hike.
Fxstreet
Mon, Dec 1
RPT-ROI-Hassett may be 'shadow Fed Chair' for five months: Mike Dolan
By Mike Dolan LONDON, Dec 1 (Reuters) - If White House adviser Kevin Hassett becomes President Donald Trump's pick to head the Federal Reserve from May, he will effectively serve as a "shadow Fed Chair" for five months – with markets hanging on his every word.Ever since Trump made cle...Reuters
Mon, Dec 1
