Show:
GBP/JPY depreciates to near 195.50 ahead of the BoE Monetary Policy Report Hearings
The GBP/JPY cross retraces its recent gains, trading near 195.50 during European hours.
Pound Sterling consolidates as focus shifts to BoE hearings
The Pound Sterling (GBP) trades sideways against its major peers on Tuesday with investors focusing on the Monetary Policy Hearings, in which several Bank of England (BoE) policymakers - including Governor Andrew Bailey - will respond to questions before the Treasury Committee regarding the latest decisions on interest rates.
NZD/USD remains below 0.5900 due to dovish sentiment surrounding the RBNZ
The NZD/USD pair trades near 0.5890 during the early European session on Tuesday, maintaining its stance amid a softer US Dollar (USD) as profit-taking tempers its recent gains.
Forex Today: Choppy action continues as focus shifts to BoE hearings, mid-tier data releases
Here is what you need to know on Tuesday, November 19: In the absence of high-tier data releases, the US Dollar (USD) corrected lower to start the week.
EUR/GBP holds steady near 0.8350 ahead of Eurozone HICP inflation data
The EUR/GBP cross trades on a flat note near 0.8355 during the early European session on Tuesday.
AUD/JPY Price Forecast: Tests 100.50, nine-day EMA amid potential momentum shift
The AUD/JPY cross remains relatively flat around 100.50 during the Asian trading session on Tuesday, following a nearly 1% gain in the previous session.
USD/CHF remains firm above 0.8800, eyes on Russia-Ukraine tensions
The USD/CHF pair edges higher to around 0.8835 during the early European session on Tuesday, bolstered by the firmer Greenback.
EUR/USD hovers around 1.0600 with a positive bias as US Dollar faces profit-taking selling
EUR/USD remains steady with a positive bias, hovering around 1.0600 during Tuesday's Asian trading hours.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
EUR/JPY recovers few pips from daily low, keeps the red around mid-163.00s
The EUR/JPY cross meets with a fresh supply during the Asian session on Tuesday and reverses a part of the previous day's recovery move from the 50-day Simple Moving Average (SMA), around the 162.25 region, or a nearly one-month low.
FX option expiries for Nov 19 NY cut
FX option expiries for Nov 19 NY cut at 10:00 Eastern Time via DTCC can be found below.
GBP/USD trades with mild positive bias on softer USD, remains below 1.2700 mark
The GBP/USD pair attracts buyers for the second straight day on Tuesday amid a modest US Dollar (USD) downtick and climbs back closer to the 1.2700 mark during the Asian session.
Gold price climbs to one-week top on softer US bond yields, geopolitical tensions
Gold price (XAU/USD) attracted some haven flows after posting its steepest weekly drop in more than three years last week and snapped a six-day losing streak on Monday amid heightened geopolitical tensions.
USD/INR weakens on RBI's likely intervention
The Indian Rupee (INR) extends the rally on Tuesday, bolstered by the intervention by the Reserve Bank of India (RBI) to prevent the local currency from significant depreciation.
WTI remains above $69.00 due to growing supply concerns over the Russia-Ukraine conflict
West Texas Intermediate (WTI) Oil price extends its gains for the second successive session, trading around $69.20 per barrel during Asian hours on Tuesday.
NDRC: China has ample policy room, tools to support economic recovery
An official at the National Development and Reform Commission (NDRC), China's state planner, said on Tuesday that "China has ample policy room and tools to support economic recovery." The NDRC official said he "expects China's economy to sustain recovery momentum in November and December." Market reaction At the time of writing, AUD/USD is trading modestly flat on the day near 0.6505.
Japan's Kato: Closely watching FX moves with the utmost sense of urgency
Japan's Finance Minister Katsunobu Kato on Tuesday that he is "closely watching FX moves with the utmost sense of urgency." Additional quotes Important for currencies to move in a stable manner reflecting fundamentals.
USD/CAD posts modest gains above 1.4000, Canadian CPI data in focus
The USD/CAD pair trades in positive territory near 1.4020 on Tuesday during the Asian trading hours.
Japan's Akazawa: Crucial to boost pay for all generations with the economic package
Japan's Economy Minister Ryosei Akazawa noted on Tuesday that it is "crucial to boost pay for all generations with the economic package." He further noted that he is "aiming for cabinet approval of the economic package soon." Market reaction At the time of writing, USD/JPY is consolidating the latest leg down just above the 154.00 level, shedding 0.36% on the day.
Australian Dollar remains subdued following RBA meeting minutes
The Australian Dollar (AUD) remains under pressure following Tuesday's release of the Reserve Bank of Australia's (RBA) November meeting minutes.
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