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Pound Sterling weakens as UK Retail Sales contract at faster-than-expected pace
The Pound Sterling (GBP) weakens against a majority of its peers, except Asia-Pacific currencies, as the United Kingdom (UK) Retail Sales data for October contracted at a faster-than-expected pace.
NZD/USD drops to near 0.5800 due to the dovish mood surrounding the RBNZ policy outlook
NZD/USD extends its losing streak for the third consecutive day, trading around 0.5830 during the European hours on Friday.
EUR/GBP gathers strength above 0.8300 after downbeat UK Retail Sales data
The EUR/GBP cross gains momentum to near 0.8330 during the early European session on Friday.
GBP/JPY holds ground near 194.50 following disappointing UK Retail Sales, PMI awaited
GBP/JPY remains steady around 194.50 during the early European hours, following the lower-than-expected UK Retail Sales figures for October released on Friday.
UK Retail Sales decline 0.7% on a monthly basis in October vs. -0.3% expected
The UK's Office for National Statistics (ONS) reported on Friday that Retail Sales declined 0.7% on a monthly basis in October.
Forex Today: US Dollar climbs higher as focus shifts to PMI data
Here is what you need to know on Friday, November 22: Following a quiet European session, the US Dollar (USD) regathered its strength in the second half of the day on Thursday and continued to push higher early Friday, reaching its highest level since October 2023 above 107.00.
AUD/JPY falls below 100.50 as the likelihood of a BoJ rate hike next month revives
AUD/JPY continues its decline, nearing 100.30 during the Asian trading hours on Friday.
USD/CAD Price Forecast: Bulls have the upper hand while above mid-1.3900s pivotal support
The USD/CAD pair edges higher during the Asian session on Friday, albeit it lacks follow-through buying and remains below the 1.4000 psychological mark amid mixed cues.
USD/CHF weakens to near 0.8850 ahead of US PMI data
The USD/CHF pair trades with mild losses around 0.8860 during the early European session on Friday.
EUR/USD depreciates to yearly lows near 1.0450, awaits PMIs from both nations
EUR/USD remains on a downward trend for the third consecutive session, hovering around 1.0470 during the Asian trading hours on Friday.
EUR/JPY bounces off multi-month low, down a little around 161.70 ahead of Eurozone PMIs
The EUR/JPY cross attracts some follow-through selling for the second straight day and drops to its lowest level since October 4 during the Asian session on Friday, albeit it managed to rebound a few pips thereafter.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Gold price advances to near two-week high, eyes $2,700 on geopolitical tensions
Gold price (XAU/USD) prolongs its uptrend for the fifth consecutive day on Friday and climbs to a nearly two-week top, around the $2,690-2,691 area during the Asian session.
GBP/USD falls to six-month lows near 1.2550 ahead of PMI figures from both economies
GBP/USD extends its losses for the third successive session, trading around 1.2580 during the Asian hours on Friday.
USD/INR holds steady ahead of Indian PMI release
The Indian Rupee (INR) trades flat on Friday after hitting an all-time low of 84.50 against the US Dollar (USD) in the previous session.
Australian Dollar extends gains despite mixed PMI
The Australian Dollar (AUD) continues to strengthen against the US Dollar (USD) following the release of mixed Judo Bank Purchasing Managers' Index (PMI) data from Australia on Friday.
Japanese Yen fails to build on stronger CPI-led intraday uptick against USD
The Japanese Yen (JPY) attracted some follow-through buying for the second successive day following the release of slightly higher-than-expected consumer inflation figures from Japan.
PBOC sets USD/CNY reference rate at 7.1942 vs. 7.1934 previous
On Friday, the People's Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1942, as compared to the previous day's fix of 7.1934 and 7.2502 Reuters estimates.
Japan PM Ishiba prepares $90 billion stimulus package to boost economy further
Japan is preparing a fresh stimulus package valued at 13.9 trillion yen ($89.7 billion), aiming to mitigate the financial strain on households caused by rising prices, per Reuters.
NZD/USD extends downside to near 0.5850 on stronger US Dollar, dovish RBNZ expectations
The NZD/USD pair trades in negative territory for the third consecutive day near 0.5855 during the early Asian session on Friday.
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