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NZD/USD recovers some lost ground above 0.5650 despite a weak New Zealand jobs report

The NZD/USD pair recovers some lost ground to near 0.5665, snapping the five-day losing streak during the early Asian session on Thursday. Nonetheless, the potential upside for the New Zealand Dollar (NZD) might be limited after the country's Unemployment Rate rose to the highest level since 2016.
New
update2025.11.06 09:25

GBP/USD finds a weak floor ahead of BoE rate call

GBP/USD grappled with a near-term technical floor on Wednesday, finding some breathing room just north of 1.3000. A thin, dead-cat-style bounce has greeted Cable traders following several weeks of one-sided declines.
New
update2025.11.06 08:40

RBNZ's Hawkesby: Labour market woes within expectations

Reserve Bank of New Zealand (RBNZ) Governor Christian Hawkesby said that the deterioration in the country's labour market was within the bank's expectations, Reuters reported on Thursday.
New
update2025.11.06 08:25

USD/JPY gathers strength above 154.00 as US private payrolls rebound in October

The USD/JPY pair attracts some buyers to around 154.05 during the early Asian session on Thursday.
New
update2025.11.06 08:19

GBP/JPY Price Forecast: Rebounds above 201.00 but upside limited

The GBP/JPY shows signs of recovery on Wednesday, trades above the 50-day Simple Moving Average (SMA) of 200.97, after hitting a daily low of 199.61 earlier in the session. At the time of writing, the pair trades at 201.10, up 0.53%.
New
update2025.11.06 08:04

When is the Australian Trade Data and how could it affect AUD/USD?

The Australian Bureau of Statistics will publish its data for August on Thursday at 00.30 GMT. Trade surplus is expected to widen to 3,850M MoM in September, compared to 1,825M in the previous reading.
New
update2025.11.06 07:30

EUR/USD steadies near 1.15 as traders scale back Fed rate-cut bets

EUR/USD consolidates at around 1.1480 on Wednesday, snapping five days of losses after economic data in the US prompted investors to grow less confident about a rate cut by the Federal Reserve (Fed) at the December meeting. At the time of writing, the pair trades unchanged at 1.1484.
New
update2025.11.06 06:42

FX Today: The BoE is expected to keep its policy rate unchanged. US shutdown hits record

The US Dollar (USD) maintained its upside momentum for yet another day, navigating the area of multi-month tops amid further repricing of Fed rate cuts and the still unresolved US federal government shutdown, which is now the longest in history.
New
update2025.11.06 04:05

WTI Crude Oil slides below $60 after EIA reports surprise inventory build

West Texas Intermediate (WTI) Crude Oil extends its decline for the third consecutive day on Wednesday, slipping below the key $60.00 per barrel mark to hit a one-week low after the latest US Energy Information Administration (EIA) report showed a larger-than-expected inventory build.
New
update2025.11.06 03:29

Gold climbs over 1% despite strong US data fueling mixed market mood

Gold (XAU/USD) price rises more than 1% on Wednesday after a slew of economic data was released in the United States (US), which strengthened the US Dollar (USD), but also the yellow metal, which trades at around $3,980 after hitting a daily low of $3,929.
New
update2025.11.06 03:21

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