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EUR/USD: Price action suggests further EUR weakness - UOB Group
As long as 1.0800 is not breached, the Euro (EUR) could drop to 1.0665 before stabilisation can be expected.
EUR/JPY remains depressed near 165.70, bulls have the upper hand while above 200-day SMA
The EUR/JPY cross struggles to capitalize on the previous day's goodish bounce from levels just below the 165.00 psychological mark and attracts fresh sellers on Thursday.
Pound Sterling recovers even as Bank of England looks ready to resume rate-cut cycle
The Pound Sterling (GBP) bounces sharply to near 1.2935 against the US Dollar (USD) in Thursday's London session after refreshing an almost 11-week low near 1.2830 on Wednesday.
EUR/GBP remains on the defensive near 0.8300 ahead of BoE rate decision
The EUR/GBP cross extends its downside to near 0.8315 on Tuesday during the early European session.
German Industrial Production declines 2.5% MoM in September vs. -1.0% expected
Germany's industrial sector activity declined in September, the latest data published by Destatis showed on Thursday.
BoE set for a second interest rate cut this year on Thursday
Market consensus points to further easing by the Bank of England's (BoE) upcoming interest rate decision on Thursday.
Forex Today: Trump-inspired USD rally pauses, focus shifts to BoE and Fed
Here is what you need to know on Thursday, November 7: The US Dollar (USD) outperformed its major rivals on Wednesday as markets reacted to Donald Trump winning the US presidential election.
USD/CHF drifts lower to near 0.8750, Fed rate decision looms
The USD/CHF pair softens to near 0.8750 during the early European trading hours on Thursday.
FX option expiries for Nov 7 NY cut
FX option expiries for Nov 7 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
USD/CAD trades around 1.3900 after pulling back from all-time highs, awaits Fed decision
USD/CAD retreats from its all-time high of 1.3958, reached in the previous session.
PBOC Governor Pan: Will continue to implement supportive monetary policy
People's Bank of China (PBOC) Governor Pan Gongsheng gave foreign financial institutions an in-depth explanation of China's current monetary policy stance, and considerations related to the adjustment of the monetary policy framework on Thursday.
GBP/JPY flat lines above 199.00, looks to BoE for fresh impetus
The GBP/JPY cross retreats a few pips after touching a one-week high, around the 199.55 region during the Asian session on Thursday, albeit it lacks follow-through selling.
EUR/USD hovers around 1.0750 with negative bias amid Trump trades
EUR/USD holds ground after depreciating around 2% in the previous session, trading near 1.0740 during the Asian session on Thursday.
AUD/JPY attracts some buyers above 102.00 as China's Trade Balance grows more than expected
The AUD/JPY cross extends its upside to near 102.05 on Thursday during the Asian trading hours.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
Japan's Kato: Important to achieve fiscal health while we strongly push for economic recovery
Japan's Finance Minister Katsunobu Kato on Tuesday that "we must take this chance to achieve an escape from deflation and recovery in Japanese economy." He further noted that it is "important to achieve fiscal health while we strongly push for economic recovery." Market reaction USD/JPY remains in the red near 154.30 following these above comments, losing 0.22% on the day.
NZD/USD clings to gains near 0.5980 area after China's trade data, Fed decision awaited
The NZD/USD pair builds on the previous day's bounce from the 0.5910 region, or over a three-month trough and gains some positive traction during the Asian session on Thursday.
China's Trade Balance: Surplus widens in October as Exports rebound firmly
China's Trade Balance for October, in Chinese Yuan (CNY) terms, came in at CNY679.1 billion, expanding from the previous figure of CNY582.62 billion.
GBP/USD moves away from multi-month low, retakes 1.2900 ahead of BoE/Fed
The GBP/USD pair attracts some buyers during the Asian session on Thursday and moves away from its lowest level since mid-August, around the 1.2835-1.2830 region touched the previous day.
USD/INR retreats ahead of Fed rate decision
The Indian Rupee (INR) rebounds on Thursday. Nonetheless, the upside of the local currency might be limited amid a rally in the US Dollar (USD) and higher bond yields, which are bolstered by Donald Trump's victory in the US presidential elections.
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