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Fed's Hammack: Keeping the Fed policy restrictive will help bring inflation down
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack said late Thursday that keeping the Fed policy restrictive will help bring inflation down.

USD/JPY tumbles to near 153.00 as US government shutdown woes persist
The USD/JPY pair slumps to near 153.05 during the early Asian session on Friday. The US Dollar (USD) faces some selling pressure as the US government shutdown extends further, hitting a record with still no solution in sight.

Canadian Dollar struggles to end bearish slide on Thursday
The Canadian Dollar (CAD) continues to hold on the weak side against the US Dollar (USD) on Thursday, finding the brakes enough to slow a near-term one-sided backslide, but not enough to stage a meaningful technical recovery.

EUR/USD climbs as weak US jobs data fuels Fed cut bets
EUR/USD recovers some ground on Thursday, post gains of 0.45% after bouncing off daily lows of 1.1486 as the Greenback weakened. A soft jobs data in the US increased speculation for a Fed rate cut at the December meeting. The pair trades at 1.1545 at the time of writing.

FX Today: US flash U-Mich gauge and the Canadian jobs report come to the fore
The US Dollar (USD) added to Wednesday's small correction, slipping back to multi-day lows in the context of a widespread recovery in the risk-associated galaxy. In the meantime, the US federal government shutdown extended further, hitting a record with still no solution in sight.

Banxico cut rates as expected to 7.25%, Heath dissents again
Banco de Mexico (Banxico) decided to cut interest rates by 25 basis points in a 4 to 1 vote split, to 7.25% with Deputy Governor Jonathan Heath voting to keep rates unchanged at 7.50%.

EUR/USD extends rebound as US Dollar retreats from five-month high
The Euro (EUR) strengthens against the US Dollar (USD) on Thursday amid renewed broad weakness in the Greenback. At the time of writing, EUR/USD is trading around 1.1543, rising to a five-day high after slipping to a fresh three-month low on Wednesday.

USD/CHF drops amid US political risks, Swiss Franc safe-haven appeal
USD/CHF weakens on Thursday, down 0.35% around 0.8070 at the time of writing. Risk-off sentiment dominates the markets, supporting demand for safe-haven assets such as the Swiss Franc (CHF), while US political uncertainty continues to weigh on the US Dollar (USD).

Fed's Hammack: It will take two to three years to get inflation back to 2%
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack spoke at the Economic Club of New York on Thursday. She said that the federal policy should remain modestly restrictive to lower inflation, and that it will take two to three years to return inflation to 2%.

Fed's Barr: The Fed must pay attention to ensuring that the job market is solid
Federal Reserve (Fed) Governor Michael Barr spoke at a virtual event for Fed Communities on Thursday.

USD/JPY weakens amid softer US Dollar, steady Japanese labor and services data
The Japanese Yen (JPY) trades on the front foot against the US Dollar (USD) on Thursday, as the Greenback weakens following a strong multi-day rally. At the time of writing, USD/JPY is trading around 153.13, down over 0.50% on the day.

GBP/USD rebounds after BoE's dovish hold but remains below 1.31
The GBP/USD recovers some ground yet trades off daily highs as the Bank of England held rates unchanged, on a "dovish" hold as the vote split hints that the December meeting is open. The pair trades at 1.3080, up 0.26%.

EUR/CHF holds firm above 0.9300 amid weak Eurozone data and steady Swiss unemployment
The Euro (EUR) trades slightly higher against the Swiss Franc (CHF) on Thursday, with the pair fluctuating in choppy conditions as traders digest Eurozone and Swiss economic data along with central bank commentary.

Fed's Goolsbee: Mild cooling in labor market
President of the Federal Reserve (Fed) Bank of Chicago, Austan Dean Goolsbee, spoke in an interview with CNBC, talking about the labor market on Thursday. He stated that the unemployment rate remains essentially unchanged and that he cannot rely on inflation being transitory.

GBP/JPY steadies near 201.00 after BoE keeps rates unchanged at 4.0%
The British Pound (GBP) trades slightly firmer against the Japanese Yen (JPY) on Wednesday after the Bank of England (BoE) decided to keep interest rates unchanged at 4.0%, in line with market expectations.

Bailey speech: At quite an important moment here for UK data
Bank of England Governor Andrew Bailey speaks on the policy outlook and responds to questions from the press after leaving the policy rate unchanged at 4% at the November meeting.

Bailey speech: Likely to continue to be on a gradual downward path for rates
Bank of England Governor Andrew Bailey speaks on the policy outlook and responds to questions from the press after leaving the policy rate unchanged at 4% at the November meeting.

USD/CAD weakens as Oil supports CAD, focus shifts to BoC Governor speech
USD/CAD weakens on Thursday, trading around 1.4100 at the time of writing, down 0.1% on the day after hitting a seven-month peak at 1.4140 in the previous day.

NZD/USD treads water above 0.5650 after rejection at the 0.5670 area
The New Zealand Dollar is failing to capitalise on the increasing appetite for risk and a somewhat softer US Dollar, and trades without a clear bias on Thursday, as the reversal from 0.5670 highs has been contained above 0.5650 so far.Kiwi trimmed some losses on Wednesday, bouncing up from seven-mon

AUD/USD ticks up to near 0.6510 as US Dollar corrects further
The AUD/USD pair edges higher to near 0.6505 during the European trading session on Thursday. The Aussie pair ticks up as the US Dollar (USD) extends its correction amid rising United States (US) economic concerns due to the ongoing federal shutdown.
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