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Japan PM Ishiba prepares $90 billion stimulus package to boost economy further
Japan is preparing a fresh stimulus package valued at 13.9 trillion yen ($89.7 billion), aiming to mitigate the financial strain on households caused by rising prices, per Reuters.
NZD/USD extends downside to near 0.5850 on stronger US Dollar, dovish RBNZ expectations
The NZD/USD pair trades in negative territory for the third consecutive day near 0.5855 during the early Asian session on Friday.
EUR/USD backslides on Thursday, tests new multi-month low
EUR/USD trimmed further into the low end on Thursday, continuing to shed weight in the near-term and falling to the lowest bids since November of 2023.
Japan's National CPI rises 2.3% YoY in October, Core CPI rises more than expected
Japan's National Consumer Price Index (CPI) rose 2.3% YoY in October, compared to the previous reading of 2.5%, according to the latest data released by the Japan Statistics Bureau on Friday, Further details unveil that the National CPI ex Fresh food arrived at 2.3% YoY in October versus 2.4% prior.
Australia's Judo Bank Manufacturing PMI improves to 49.4 in November, Services PMI eases to 49.6
The preliminary reading of Australia's Judo Bank Manufacturing Purchasing Managers Index (PMI) improved to 49.4 in November from 47.3 in October, the latest data published by Judo Bank and S&P Global showed on Friday.
USD/CAD holds positive ground above 1.3950 on bullish US Dollar
The USD/CAD pair trades with mild gains around 1.3975 during the early Asian session on Friday.
GBP/USD finds fresh six-month low on Thursday
GBP/USD shed another four-tenths of a percent on Thursday, tapping the pair's lowest bids in six months as the Pound Sterling's underlying weakness drags the pair further into the low end against the Greenback.
Canadian Dollar struggles to hold onto gains
The Canadian Dollar (CAD) drove into near-term highs early on Thursday before running out of gas and settling close to the day's opening bids.
NZD/JPY Price Analysis: Pair resumed losses, remains sideways in range, neutral outlook
The NZD/JPY resumed losses on Thursday, declining by 0.71% to 90.60, but remains range-bound between 90.00 and 92.00.
EUR/AUD Price Forecast: Falls below 1.6100 as head and shoulders surfaces
The Euro fell sharply against the Australian Dollar late in the North American session on Thursday.
NZD/USD Price Analysis: Bears continue in command as pair resumes losses
The NZD/USD pair declined by 0.26% to 0.5865 on Thursday, continuing its downward trend.
Gold price climbs amid heightened geopolitical tensions
Gold price extended its gains for the fourth consecutive day, clearing on its way to the 50-day Simple Moving Average (SMA) as the escalation of the Russia-Ukraine conflict augments demand for the safe-haven metal.
Australian Dollar hovers around 0.6500 on USD flatness
The AUD/USD regained positive traction on Thursday following the overnight pullback from a one-week top.
Forex Today: Attention now shifts to Japanese inflation and global PMIs
The US Dollar extended its march north and hit new 2024 peaks on the back of further weakness in the risk-associated universe and steady geopolitical concerns ahead of key data releases on Friday.
US Dollar softens after mixed data, dovish Fed comments
In Thursday's session, the US Dollar Index (DXY) flattens after Fed's Williams indicated a potential cooling of inflation and a subsequent decline in interest rates.
Dow Jones Industrial Average climbs 600 points on Thursday surge
The Dow Jones Industrial Average (DJIA) lurched higher on Thursday, climbing upwards of 550 points as investors stepped back into their bidding shoes.
Fed's Goolsbee: It may make sense to slow pace of Fed rate cuts
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee hit newswires on Thursday, commenting on the future pace of Fed rate cuts in the face of inflation that is ostensibly on its way to the Fed's 2% target.
Mexican Peso weakens on mixed Retail Sales data, geopolitics jitters
The Mexican Peso depreciated against the US Dollar on Thursday due to risk aversion as the Russia-Ukraine conflict escalates.
EUR/CAD Price Analysis: Pair fell below 1.4700, lowest since July
The EUR/CAD declined by 0.19% to 1.4700 in Thursday's session, reaching its lowest level since July 1st.
GBP/USD Price Forecast: Drops on risk-aversion, sellers eye 1.2600
The Pound Sterling tumbled against the US Dollar early during the North American session as traders digested the escalation of the Russia-Ukraine conflict, the result of the US Presidential Elections, and hot UK inflation data.
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