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NZD/USD: Likelihood of NZD dropping to 0.5850 has increased - UOB Group
Further New Zealand Dollar (NZD) weakness appears likely; any decline may not reach the major support at 0.5850.
AUD: Jobs data still arguing for patient RBA - ING
Australia released jobs figures for October overnight. Employment rose by 16k, less than expected and marking a slowdown from September's strong 61k print.
NZD/USD manages to hold above mid-0.5900s, seems vulnerable near multi-month low
The NZD/USD pair prolongs its recent downward trajectory witnessed over the past week or so and drops to its lowest level since August 5, closer to mid-0.5800s on Thursday.
AUD/USD: Expected to edge lower, possibly reaching 0.6460 - UOB Group
The Australian Dollar (AUD) is expected to edge lower, possibly reaching 0.6460.
EUR: Building risk premium - ING
The wide short-term swap rate spread between USD and EUR is justifying a good deal of the ongoing EUR/USD selloff.
GBP/USD: Major support at 1.2665 can be out of reach for now - UOB Group
Weakness in GBP has not stabilised, but the major support at 1.2665 could still be out of reach for now.
USD: Bullish sentiment seemingly untouched - ING
Key FX advice for 2025 is not to overthink US Dollar (USD) strength and to trust the general direction of a stronger USD on the back of Trump's domestic and trade agenda.
EUR/USD: Still expected to weaken - UOB Group
The Euro (EUR) could drop below the 1.0555 low; deeply oversold conditions suggest 1.0500 is unlikely to come under threat.
Australia: Still tight labour market makes near-term rate cut unlikely - UOB Group
Australia's seasonally adjusted unemployment rate came in unchanged at 4.1% in Oct, in line with the consensus estimate, UOB Group's economist Lee Sue Ann notes.
EUR/CAD Price Forecast: Falls toward 1.4750 due to continued bearish price momentum
EUR/CAD extends its losing streak to a fifth consecutive session, trading near the 1.4770 level during early European trading hours on Thursday.
EUR/USD refreshes annual lows as US Dollar extends rally
EUR/USD posts a fresh annual low near 1.0530 in European trading hours and extends its losing streak for the fifth trading day on Thursday.
FX option expiries for Nov 14 NY cut
FX option expiries for Nov 14 NY cut at 10:00 Eastern Time via DTCC can be found below.
EUR/JPY Price Forecast: Further consolidation cannot be ruled out below 164.50
The EUR/JPY cross gains traction to around 164.40 during the early European trading hours on Thursday.
Forex Today: US Dollar frenzy continues ahead of PPI data and Powell
Here is what you need to know on Thursday, November 14: Following a subdued performance on Wall Street on Wednesday, Asian markets turned south amid persistent worries over China's economy, despite the recent stimulus measures rolled out to spur growth.
EUR/AUD Price Forecast: Tests 1.6300, nine-day EMA, descending channel's upper boundary
The EUR/AUD cross gains ground for the third consecutive day, trading near the 1.6300 mark during the Asian session on Thursday.
EUR/GBP softens to near 0.8300 as traders await Eurozone GDP data, BoE's Bailey speech
The EUR/GBP cross trades with mild negative bias near 0.8310 during the early European session on Thursday.
USD/CHF advances to its highest level since late July, eyes 0.8900 on stronger USD
The USD/CHF pair builds on the previous day's breakout momentum above a technically significant 200-day Simple Moving Average (SMA) and gains traction for the fifth successive day on Thursday.
BoJ's Uchida: Financial institutions, authorities must be ready for any sudden outflow of deposits
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Thursday, "financial institutions, authorities must be ready for any sudden outflow of deposits given digitalization, advances in it." Additional quotes Growing presence of non-bank financial institutions warrants attention, as they account for almost half of financial inter mediations globally.
USD/CAD Price Forecast: Rises above 1.4000 toward ascending channel's upper boundary
The USD/CAD pair gains ground for the fifth successive day, trading around 1.4010 during the Asian session on Thursday.
GBP/USD extends downside below 1.2700 ahead of BoE's Bailey speech
The GBP/USD pair extends the decline to near 1.2685 during the Asian trading hours on Thursday.
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