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GBP/USD Price Forecast: Softens below 100-day EMA amid bearish technical setup
The GBP/USD pair trades on a softer note around 1.3225 during the early European session on Monday. Rising bets of a Federal Reserve (Fed) rate cut in December might weigh on the Greenback and cap the downside for the major pair.
Fxstreet
Mon, Dec 1
EUR/JPY weakens below 180.50 as BoJ's Ueda hints at rate hike
The EUR/JPY cross attracts some sellers near 180.45 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) due to the latest comments from Bank of Japan (BoJ) Governor Kazuo Ueda.
Fxstreet
Mon, Dec 1
Australia, NZ dollars lose ground to yen; central bank chiefs due to speak
RBNZ, RBA chiefs due to speak before ParliamentAussie, kiwi drift versus dollar, after flat NovemberAustralia's Q3 GDP report due on WednesdayBy Stella Qiu SYDNEY, Dec 1 (Reuters) - The Aussie and kiwi lost ground to the yen on Monday as hawkish hints from the Bank of Japan chief lifted the J...Reuters
Mon, Dec 1
Silver Price Forecast: XAG/USD rises to record high above $57.50, overbought RSI may limit gains
Silver price (XAG/USD) climbs to a fresh record high near $57.60 during the Asian trading hours on Monday. Silver has surged following the report about an outage on the Comex due to what the exchange operator CME calls a “cooling system failure.”
Fxstreet
Mon, Dec 1
NZD/USD holds steady near one-month top, below mid-0.5700s after weaker Chinese data
The NZD/USD pair is seen oscillating in a narrow range at the start of a new week and consolidating its recent strong gains to a nearly one-month peak, touched on Friday. Spot prices hold steady below mid-0.5700s and react little to the disappointing Chinese data.
Fxstreet
Mon, Dec 1
FOREX-Yen rises on Ueda comments; dollar braces for crucial December
Yen rises as Ueda says BOJ will consider pros and cons of rate hike25bp Fed cut this month nearly fully priced inDollar eases as traders weigh outlook for US rates, Fed leadershipBy Rae Wee SINGAPORE, Dec 1 (Reuters) - The yen rose on Monday, helped by comments from Bank of Japan Governor Kazuo U...Reuters
Mon, Dec 1
GBP/USD flat lines near 1.3250 amid UK budget relief
The GBP/USD pair holds steady near 1.3245 during the Asian session on Monday as traders continue to digest the UK’s Autumn Budget. The potential downside for the major pair might be limited due to the rising expectations of a Federal Reserve (Fed) interest rate cut in the December meeting.Fxstreet
Mon, Dec 1
FOREX-Dollar braces for crucial December with Fed meeting, Powell's successor pick
Traders eye BOJ Gov Ueda's speech for clues on rate hike timing25bp Fed cut this month nearly fully priced inDollar eases, yen supportedBy Rae Wee SINGAPORE, Dec 1 (Reuters) - The dollar began December on the back foot, as investors braced for a pivotal month that could bring the Federal Rese...Reuters
Mon, Dec 1
USD/JPY softens to near 156.00 ahead of BoJ's Ueda speech
The USD/JPY pair posts modest losses near 156.10 during the early Asian session on Monday. Traders raise bets that the US Federal Reserve (Fed) will cut interest rates again at the December policy meeting, which weighs on the US Dollar (USD) against the Japanese Yen (JPY).Fxstreet
Sun, Nov 30
Japan finance minister says yen's rapid fall clearly not driven by fundamentals
TOKYO, Nov 30 (Reuters) - Japan's finance minister said on Sunday that recent erratic swings in the foreign exchange market and rapid yen weakening are "clearly not driven by fundamentals"."It's our position to issue warnings against such matters," Satsuki Katayama said on a ...Reuters
Sun, Nov 30
Euro stays firm above 1.1600 as dovish December bets rise to 87%
EUR/USD steadies during Friday’s North American session set to finish the week and November’s in positive territory with gains o 0.81% and 0.59%, respectively as traders seem certain that the Federal Reserve will cut rates in December.Fxstreet
Fri, Nov 28
FOREX-US dollar set for worst week since July as Fed rate cut looms
CME outage disrupts overnight currency tradingFed funds futures show 87% odds of December rate cutBOJ's Ueda may signal rate hike amid fiscal stimulusBy Karen Brettell NEW YORK, Nov 28 (Reuters) - The U.S. dollar was heading for its worst weekly performance since late July on Friday as trader...Reuters
Fri, Nov 28
