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PBOC conducts one-year Medium-term Lending Facility for CNY700 bn at 2.0%
The People's Bank of China (PBOC), China's central bank, injected CNY6700 billion on Friday via the one-year Medium-term Lending Facility (MLF) rate of 2.0%.
Japan's Akazawa: Weak Yen has various impact on economy
Japan's Economy Minister Ryosei Akazawa said on Friday that a "weak Yen has various impacts on the economy." Additional quotes Won't comment on forex levels.
NZD/USD struggles near 0.6000 mark, seems vulnerable to slide further
The NZD/USD pair attracts some sellers during the Asian session on Friday and currently trades around the 0.6000 mark, just above its lowest level since August 16 touched earlier this week.
PBOC sets USD/CNY reference rate at 7.1090 vs. 7.1286 previous
On Friday, the People's Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1090, as compared to the previous day's fix of 7.1286 and 7.1087 Reuters estimates.
Japan Inflation: Tokyo Consumer Price Index decelerates to 1.8% YoY in October vs. 2.2% prior
The headline Tokyo Consumer Price Index (CPI) for October fell to the 1.8% YoY rate from 2.2% in the previous month, the Statistics Bureau of Japan showed on Friday.
EUR/USD rallies back over 1.08
EUR/USD made a half-hearted recovery on Thursday, rebounding four-tenths of one percent and clawing back north of the 1.0800 handle.
GBP/USD rebounds despite UK PMI miss
GBP/USD recovered some much-needed ground on Thursday, climbing 0.4% as Cable bidders grapple with keeping price action north of the 1.2900 handle.
NZD/JPY Price Analysis: Cross remains neutral, stuck between 92.00 and 91.00
The NZD/JPY pair has retreated from its recent highs, signaling a potential shift in momentum.
Canadian Dollar trims weight again, taps new 11-week low
The Canadian Dollar (CAD) eased slightly on Thursday, trimming another tenth of a percent against the Greenback as global FX markets continue to turn their backs on the Loonie following the Bank of Canada's (BoC) midweek rate trim.
Australian Dollar steady amid modest USD pullback
The AUD/USD traded around 0.6625 during Thursday's session.
ECB's Kazaks: The path for rates is clearly down
European Central Bank (ECB) Governing Council Member Martins Kazaks noted late Thursday that the case for European interest rates is very likely on the lower side.
BoJ's Ueda: Policymakers see a good chance of a soft landing
Bank of Japan (BoJ) Kazuo Ueda hit newswires late Thursday, noting that while BoJ policymakers remain hopeful for a soft landing economic scenarios, moves in the Yen market need to be watched closely.
Forex Today: Sentiment gauges in Europe and the US economy in the spotlight
The US dollar faced some profit-taking and lost momentum in line with a slight pullback in US yields, as risk sentiment improved mildly.
Dow Jones sheds weight again, heads for fourth straight loss
The Dow Jones Industrial Average (DJIA) trimmed further into the low end on Thursday, declining nearly 400 points at the bottom as uneven earnings figures dragged key stocks even lower.
US Dollar declines on profit-taking despite strong data
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, retreated on Thursday, giving up some of the gains accumulated during a solid week marked by a stellar performance.
Mexican Peso holds steady against US Dollar despite inflation uptick
Mexican Pesos remains firm against the Greenback during the North American session on Thursday amid an improvement in risk appetite.
EUR/GBP Price Analysis: Range-bound pair, with mixed technical outlook
The EUR/GBP pair has been trading in a narrow range over the past few days, with minimal price fluctuations.
GBP/USD Price Forecast: Climbs on UK fiscal changes, stalls at 100-day SMA
The Pound Sterling recovered some ground against the Greenback after UK GILTS yields jumped after Chancellor Reeves confirmed that a change to UK fiscal rules would help fund GBP 20 billion in investment.
EUR/GBP pressured on speculation the ECB is sharpening its sword
EUR/GBP trades at two-year lows in the 0.8320s on Thursday, having fallen a quarter of a percent on the day mainly due to a softer Euro (EUR).
USD/JPY corrects to near 152.00, more upside likely amid BoJ rate hike uncertainty
The USD/JPY pair falls to near 152.00 in Thursday's North American session after refreshing a 12-week high near 153.20 on Wednesday.
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