News
Important Only
JPY: Yen weakens as Takaichi’s reflation policies take hold – MUFG
The impact of change in political leadership has been clear in Japan with the yen notably weaker and JGB yields higher as market participants position for reflationist policies under the new leadership of Sanae Takaichi.
Fxstreet
Fri, Nov 28
NZD/USD: Any further advance is unlikely to reach 0.5755 – UOB Group
New Zealand Dollar (NZD) could rise above 0.5735; any further advance is unlikely to reach 0.5755. In the longer run, the price action suggests NZD is likely to advance further; the levels to watch are 0.5735 and 0.5755, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Nov 28
Sterling set for best week in over three months on UK budget relief
By Ozan Ergenay LONDON, Nov 28 (Reuters) - Sterling was heading for its best weekly performance in over three months on Friday, in a sign of relief among investors after British finance minister Rachel Reeves revealed her long-awaited budget earlier this week. Reeves fought back on Thursday agai...Reuters
Fri, Nov 28
AUD/USD might rise further to 0.6555 – UOB Group
Australian Dollar (AUD) is likely to edge higher; any advance is likely part of a 0.6520/0.6555 range. In the longer run, rapid increase in upward momentum suggests AUD could rise further to 0.6555, potentially reaching 0.6580, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Nov 28
EMERGING MARKETS-EM equities set for first monthly decline this year with US rate cut path in focus
Stocks drop 0.4%, FX down 0.1%Emerging market equities set for first monthly decline this year Data sets from central European countries eyedBy Twesha Dikshit Nov 28 (Reuters) - Emerging market assets dipped on Friday but were set for weekly gains as investors monitored the U.S. monetary policy p...Reuters
Fri, Nov 28
EUR/USD: Narrowing US-EU investment divide might aid EUR – Commerzbank
Growth in the US is seen as much more robust, and there is skepticism about an improvement in the German economy, and it has become increasingly clear that markets are somewhat critical of the expectation of a stronger EUR/USD over the coming months, Commerzbank's FX analyst Volkmar Baur notes.
Fxstreet
Fri, Nov 28
EUR/JPY declines amid mixed Eurozone data, Japan's fiscal uncertainties
EUR/JPY trades slightly lower on Friday, around 180.85, down 0.20% at the time of writing. The pair extends its corrective move, pressured by mixed European statistics and renewed interest in the Japanese Yen (JPY), even as uncertainty around Japan’s monetary policy persists.
Fxstreet
Fri, Nov 28
FOREX-Dollar set for worst week since July on December rate cut bets
Traders ramp up bets Fed will cut rates on Dec 10US closed for Thanksgiving holidayJapanese economic data strengthen case for BOJ hikeCME Group halts trade on its popular currency platform and futuresBy Ozan Ergenay and Gregor Stuart Hunter SINGAPORE, Nov 28 (Reuters) - The U.S. dollar was headi...Reuters
Fri, Nov 28
NZD/USD ticks down from monthly highs but remains above 0.5700
The New Zealand Dollar shows minor losses on Friday, with the pair pulling back from four-week highs at 0.5730, although it remains steady above 0.5700, on track for a 1.7% weekly rally, after its strongest week since May.Fxstreet
Fri, Nov 28
