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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.
Japanese Yen edges higher against USD; bulls seem non-committed
The Japanese Yen (JPY) ticks higher against its American counterpart during the Asian session on Tuesday, albeit it lacked bullish conviction in the wake of the uncertainty over the timing of another interest rate hike by the Bank of Japan (BoJ).
PBOC sets USD/CNY reference rate at 7.1911 vs. 7.1907 previous
The People's Bank of China set the onshore Yuan (CNY) reference rate for the trading session ahead on Tuesday at 7.1911 as compared to the previous day's fix of 7.1907 and 7.2305 Reuters estimate.
RBA minutes: Vigilant to upside inflation risks, policy must remain restrictive
The Reserve Bank of Australia (RBA) published the Minutes of its November monetary policy meeting on Tuesday, highlighting that the board remains vigilant to upside inflation risks and believes policy needs to remain restrictive.
ECB's Lagarde: Europe is falling behind in innovation and productivity compared to the US
European Central Bank (ECB) President Christine Lagarde said on Monday that Europe should pool its resources in areas like defense and climate as its productivity growth falters and the world fragments into rival blocs, per Bloomberg.
NZD/USD holds below 0.5900 on dovish RBNZ
The NZD/USD pair trades with mild losses around 0.5890 during the early Asian session on Tuesday.
EUR/USD digs in and extends rebound from 1.05
EUR/USD pared away further losses on Monday, rising nearly two-thirds of a percent as markets ease off the Greenback gas pedal and give the Euro a chance to come up for air.
AUD/USD flat lines above 0.6500 ahead of RBA Meeting Minutes
The AUD/USD pair trades flat near 0.6505 amid the consolidation of the US Dollar (USD) during the early Asian session on Tuesday.
GBP/USD snaps losing streak ahead of UK CPI inflation
GBP/USD climbed 0.5% on Monday, kicking off the fresh trading week with a bullish recovery that ended a six-day losing streak and paring back recent losses to send price action back toward the 1.2700 handle.
Canadian Dollar snaps six-day losing streak on Monday
The Canadian Dollar (CAD) tiled into the bullish side for the first time in over a week on Monday, kicking off the trading week's chart action with a meager bullish recovery against the Greenback.
Forex Today: The RBA Minutes and inflation in the euro area come to the fore
The US Dollar retreated further and tested three-day lows as the Trump rally seems to have lost some enthusiasm among market participants, although this carries the potential to be only temporary and may open the door to another "buy the dip" move.
Mexican Peso strengthens at start of week on weak US Dollar
The Mexican Peso appreciated against the US Dollar at the beginning of the week, gaining 0.39% during the North American session.
Dow Jones Industrial Average holds near familiar levels on tepid Monday
The Dow Jones Industrial Average (DJIA) held steady on Monday, testing into new weekly lows but overall keeping a tight grip on the 43,450 region.
GBP/USD Price Forecast: Steadies at around 1.2600
The GBP/USD fluctuates, yet it remains virtually unchanged at the beginning of the week as UK traders await the release of UK inflation figures and Retail Sales data.
NZD/USD remains vulnerable around 0.5850 as US Dollar stays firm
The NZD/USD pair struggles to hold the immediate support of 0.5850 in the North American trading session on Monday.
GBP/USD: BoE MPC's Green speaks on inflation - Scotiabank
The Pound Sterling (GBP) is flat on the session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR/GBP Price Forecast: Rises on weak UK GDP, fluctuates around 50-day SMA
The Euro recovered some ground versus the British Pound on Monday as traders digested the latest UK Gross Domestic Product (GDP) report, which hinted the economy is slowing down.
EUR/USD: Consolidates above 1.0450 - Scotibank
ECB Governor Makhlouf said he believed a 'prudent and cautious' approach to policy setting was appropriate which suggests he is not in favour of a bolder rate cut at the December policy decision, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD/JPY bounces back from 155.00 as BoJ Ueda avoids to provide rate hike timing
The USD/JPY recovers sharply from 155.00 in Monday's North American session after a sharp correction on Friday.
USD/CAD: Little chance of rebounding - Scotiabank
The Canadian Dollar (CAD) is little changed to start the week.
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