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EUR/GBP holds thin gains near 0.8350, fears downside risks due to cautious BoE
EUR/GBP appreciates after two days of losses, trading around 0.8340 during the Asian hours on Thursday.
FX option expiries for Nov 21 NY cut
FX option expiries for Nov 21 NY cut at 10:00 Eastern Time via DTCC can be found below.
BoJ's Ueda: Technological advancements bring new risks to financial stability
Bank of Japan (BoJ) Governor Kazuo Ueda doesn't touch upon monetary policy and economic outlook during his scheduled appearance on Thursday.
AUD/JPY Price Forecast: The crucial support level emerges near 100.00
The AUD/JPY cross trades in a narrow range near 101.05 during the early European session on Thursday.
USD/CHF edges lower amid geopolitical tensions; holds above 0.8800 on bullish USD
The USD/CHF pair struggles to capitalize on the previous day's recovery from the vicinity of the 0.8800 mark or a one-week low and attracts fresh sellers during the Asian session on Thursday.
EUR/USD edges higher to near 1.0550, downside risks appear due to safe-haven flows
EUR/USD appreciates slightly after registering losses in the previous session, trading around 1.0550 during the Asian hours on Thursday.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
China's government advisers advocate for 2025 growth target of around 5%
Four Chinese government advisers advocated for a 2025 growth target of around 5%, similar to this year, Reuters reported on Thursday.
EUR/JPY Price Forecast: Bears have the upper hand while below 200-period SMA on H4/164.00
The EUR/JPY cross meets with a fresh supply following the previous day's good two-way price swings and trades around the mid-163.00s during the Asian session on Thursday, down 0.20% for the day.
GBP/USD trades above 1.2650, upside potential seems limited due to cautious Fed
GBP/USD edges higher to near 1.2650 during the Asian trading hours on Thursday.
Gold price scales higher for the fourth straight day on rising geopolitical tensions
Gold price (XAU/USD) prolongs its weekly uptrend for the fourth straight day and climbs to the $2,660 area, or a fresh one-and-half-week high during the Asian session on Thursday.
USD/INR gathers strength ahead of US data, Fedspeak
The Indian Rupee (INR) extends its decline on Thursday. The heightened geopolitical tensions and market reactions due to Donald Trump's victory in the US presidential elections drag the local currency lower.
Japanese Yen gains positive traction against USD, upside potential seems limited
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Thursday and drags the USD/JPY pair away from the weekly top touched the previous day.
Australian Dollar appreciates due to a hawkish mood surrounding the RBA policy outlook
The Australian Dollar (AUD) retraces its recent losses on Thursday, buoyed by a hawkish outlook from the Reserve Bank of Australia (RBA) concerning interest rates.
PBOC sets USD/CNY reference rate at 7.1934 vs. 7.1935 previous
The People's Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1934, as compared to the previous day's fix of 7.1935 and 7.2482 Reuters estimates.
ECB's Stournaras: 2% inflation target to come in early 2025
The European Central Bank (ECB) Governing Council member Yannis Stournaras said on Wednesday that the Eurozone is on the cusp of sustainably reaching 2% inflation, putting the onus on officials to avoid undershooting that goal, per Bloomberg.
Fed's Collins says more rate cuts are needed
Federal Reserve Bank of Boston President Susan Collins said on Wednesday that more interest-rate cuts are needed, but policymakers should proceed carefully to avoid moving too quickly or too slowly, per Bloomberg.
EUR/USD recovery fizzles out just above 1.05
EUR/USD bulls frayed at their ends during the midweek hump session, giving back nearly half of a percent and keeping Fiber price action hamstrung just north of the 1.0500 major handle.
USD/CAD remains capped below 1.4000, eyes on US jobs data, Fedspeak
The USD/CAD pair trades on a softer note around 1.3970 amid the modest decline in the Greenback during the early Asian session on Thursday.
GBP/USD grapples with the low side after CPI upswing fails to spark a bid
GBP/USD struggled to find a direction on Wednesday, testing the bounds of the 1.2700 handle before facing a downside rejection and ending the midweek market session a fifth of a percent lower than it started.
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