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Pound Sterling faces pressure amid BoE concerns over UK near-term demand outlook

The Pound Sterling (GBP) trades lower against its major currency peers on Friday, except second-level safe-haven currencies. The British currency has come under pressure after the Bank of England (BoE) decided to hold interest rates steady at 4%, with a narrow majority vote of 5-4.
New
update2025.11.07 17:53

GBP/JPY is pushing against 201.40 resistance supported by a softer Yen

The Pound is gaining momentum on Friday, benefiting from Yen weakness following soft Japanese household spending data. The pair bounced from lows around 200.70 earlier in the day, but is struggling to break above the previous two days' highs, in the area of 201.40.
New
update2025.11.07 17:50

EUR/USD pulls back as risk appetite fades in choppy trading week

EUR/USD nudges down from weekly highs around 1.1550 and trades at 1.1535 in the early European session on Friday.
New
update2025.11.07 17:29

China gold reserves increase marginally to 74.09 million fine troy oz in October

China gold reserves 74.09 million fine troy oz at end-October vs 74.06 million troy oz at end-September - central bank reported.
New
update2025.11.07 17:13

Dow Jones futures gain amid easing US-China tensions, Michigan Consumer Sentiment awaited

Dow Jones futures advance 0.20% to trade above 47,100 during European hours ahead of the opening of the United States (US) regular session on Friday. Moreover, the S&P 500 futures and Nasdaq 100 gained by 0.25% and 0.33%, with trading around 6,760 and 25,300, respectively.
New
update2025.11.07 16:36

NZD/USD reaches six-month lows near 0.5600 due to dovish RBNZ policy outlook

NZD/USD extends its losses for the second successive session, trading at a six-month low of 0.5609 during the early European hours on Friday.
New
update2025.11.07 16:07

Crude Oil price today: WTI price bullish at European opening

West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $60.04 per barrel, up from Thursday's close at $59.40.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $63.33 price posted on Thursday, and trading at $63.97.
New
update2025.11.07 16:05

Forex Today: US Dollar finds support as focus shifts to US consumer sentiment data

Here is what you need to know on Friday, November 7:
New
update2025.11.07 16:01

EUR/GBP posts modest gains to near 0.8800 on BoE's dovish hold

The EUR/GBP cross trades with mild gains around 0.8790 during the early European session. The dovish pause from the Bank of England (BoE) weighs on the Pound Sterling (GBP) against the Euro (EUR).
New
update2025.11.07 15:58

USD/CAD Price Forecast: Eyes fresh six-month highs near 1.4150 within overbought zone

USD/CAD continues its winning streak for the seventh consecutive day, trading around 1.4120 during the European hours on Friday. The technical analysis of the daily chart indicates a prevailing bullish bias, with the pair remaining within the ascending channel pattern.
New
update2025.11.07 15:33

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