











Show:

NZD/USD climbs on softer US Dollar, RBNZ easing limits Kiwi rebound
NZD/USD trades higher around 0.5680 on Friday, up 0.60% on the day at the time of writing. The pair benefits from a softer US Dollar (USD) as investors remain cautious ahead of the resumption of key US macroeconomic releases, which were delayed due to the recent government shutdown.

USD/CHF lifts off lows after US-Swiss tariff agreement
USD/CHF stages a modest rebound on Friday after slipping to its lowest level since October 17 earlier in the European session. The pair found support as traders reacted to headlines that the United States and Switzerland have reached a new trade deal, helping stabilize sentiment.

Fed's Schmid: My concerns on inflation 'much broader' than tariffs alone
Federal Reserve (Fed) Bank of Kansas City President Jeffrey Schmid spoke about the economic outlook and monetary policy at the Joint Energy Conference hosted by the Federal Reserve Banks of Dallas and Kansas City, in Denver on Friday.

EUR/CAD steady amid ECB caution, Canadian Dollar strength from Oil
EUR/CAD trades with minimal movement on Friday, holding near 1.6310 at the time of writing, as investors assess the impact of a more cautious tone from the European Central Bank (ECB).

GBP/JPY Price Forecast: Upside bias holds as 21-day SMA cushions declines
The British Pound (GBP) trades on the back foot against the Japanese Yen (JPY) on Friday after the Pound weakened broadly following a Financial Times report that Prime Minister Keir Starmer and Chancellor Rachel Reeves have abandoned plans to raise income-tax rates ahead of the November 26 budget.

EUR/CHF hits lowest level since SNB's 2015 de-pegging as Franc strengthens further
The Euro (EUR) extends losses against the Swiss Franc (CHF) on Friday, with EUR/CHF sliding to its lowest level since 2015, when the Swiss National Bank (SNB) abruptly abandoned its minimum exchange-rate floor.

USD/JPY: Likely to rise above 155.00 - UOB Group
There is a chance for US Dollar (USD) to rise above 155.00; a continued advance above this level is unlikely. In the longer run, the price action suggests USD is likely to trade with an upside bias; any gains may be capped near 155.55, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

NZD/USD: Likely to trade in a range between 0.5605 and 0.5695 - UOB Group
The current price movements appear to be part of a range-trading phase between 0.5630 and 0.5680. In the longer run, no change in view; NZD is likely to trade in a range between 0.5605 and 0.5695, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

AUD/USD: Likely to trade in a 0.6490/0.6580 range - UOB Group
Outlook is mixed; AUD could trade in a range between 0.6510 and 0.6560. In the longer run, for the time being, AUD is likely to trade in a 0.6490/0.6580 range, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

EUR/GBP remains above 0.8815 amid generalised Pound weakness
The Euro-Pound rally from Monday's lows at 0.8770 has been capped nearly 100 pips higher, at 0.8865 on Friday, with the Euro struggling amid the risk-off sentiment, although downside attempts remain contained above Thursday's low, at 0.8815, as dismal UK data and renewed fiscal concerns keep GBP bul

GBP/USD: Expected to trade between 1.3120 and 1.32000 - UOB Group
Pound Sterling (GBP) is expected to trade between 1.3120 and 1.3200. In the longer run, there has been a tentative buildup in momentum, and GBP could test 1.3240, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

AUD/USD turns upside down as US Dollar bounces back
The AUD/USD pair gives up its early gains and declines 0.3% to near 0.6500 during the European trading session on Friday. The Aussie pair slumps as the US Dollar (USD) bounces back strongly.

RUB: Fundamental weaknesses to manifest - Commerzbank
USD/RUB and EUR/RUB are not market-driven exchange rates. Sanctions have decoupled the Rouble from fundamentals for the most part. Even so, the currency remains susceptible to long-term underlying pressures, which will gradually build up.

USD/CHF hits fresh four-week lows at 0.7900 on risk-averse markets
The US Dollar remains vulnerable against a firmer Swiss Franc, which is drawing support from a cautious market mood to appreciate against its main peers on Friday.

EUR/JPY steady near multi-year high as Eurozone Q3 GDP supports Euro
EUR/JPY trades around 179.80 on Friday, virtually unchanged on the day after reaching a new multi-year high just below the 180.00 level. The Japanese Yen (JPY) remains on the back foot, pressured by uncertainty over the Bank of Japan's (BoJ) tightening trajectory.

USD/CNH stalls below 50-DMA - Société Générale
USD/CNH remains capped by the 50-day moving average at 7.12 and is now testing the lower edge of its range near 7.08, with failure to break higher opening the door to declines toward 7.05 and 7.02/7.01, Société Générale's FX analysts note.

EUR/USD: Next resistance at 1.1685 is unlikely to come under threat - UOB Group
There is scope for Euro (EUR) to test the 1.1655 level again; the next resistance at 1.1685 is unlikely to come under threat.

EUR/CHF breaks 2024 lows as downtrend deepens - Société Générale
EUR/CHF has slipped below its 2024 and October lows after failing at the 0.93 trend-line resistance, with bearish momentum suggesting the downtrend may extend toward 0.9170/0.9160 and potentially 0.9100, Société Générale's FX analysts note.

China: Investment decelerated in October - Standard Chartered
FAI continued to ease across sectors, while consumption remained solid in October. IP growth moderated, along with weak investment and exports. Overcapacity management and insufficient funding may have constrained investment, Standard Chartered's economists report.

GBP: Downside risks suddenly increasing on fiscal risk - ING
Reports of UK Chancellor Rachel Reeves scrapping plans for income tax hikes are pressuring the pound.
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy