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USD/JPY Price Prediction: Trading within a possible bearish Broadening Formation
USD/JPY could still be in the process of forming a Broadening Formation pattern with bearish potential.
Silver Price Forecast: XAG/USD rebounds above $31 as fears of escalation in Russia-Ukraine war
Silver price (XAG/USD) bounces back slightly above $31.00 in Thursday's North American session after a corrective to near $30.80 on Wednesday.
EUR/CHF Price Prediction: Falling lower after break out from Triangle pattern
EUR/CHF falls lower after breaking out of a Triangle pattern.
GBP/USD: Little changed on the day - Scotiabank
UK government borrowing (GBP17.4bn) rose well ahead of expectations in October while the CBI's latest industrial trends survey suggested some moderate improvement in orders for UK manufacturing, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP/NZD stabilizes after rising due to New Zealand's economic woes
GBP/NZD is trading back to where it opened, in the 2.1520s on Thursday, after rising over a third of a percent on the previous day.
USD/CAD holds key support of 1.3950 as US Dollar resumes upside
The USD/CAD pair ticks down but holds the immediate support of 1.3950 in Thursday's North American session.
US: Initial Jobless Claims increased to 213K last week
US citizens filing new applications for unemployment insurance rose to 213K for the week ending November 15, as reported by the US Department of Labor (DoL) on Thursday.
EUR/USD: ECB's Villeroy says inflation is beaten - Scotiabank
The Euro (EUR) is trading softly on the session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD/CAD: Short-term trend momentum weaken to near neutral levels - Scotiabank
The Canadian Dollar (CAD) is little changed on the session.
Fading Fed expectations are supportive - Scotiabank
The US Dollar (USD) is mixed to somewhat firmer on the day.
US Dollar flattens after Fed's Williams delivers dovish comments
The US Dollar (USD) is trading flat on Thursday at around 106.50 when tracked by the DXY US Dollar Index, afterNew York Fed President John Williams said that inflation continues to cool down, opening the door for a further drop in interest rates.
USD/JPY declines to near 154.00 even though US Dollar ticks up
The USD/JPY pair slides to near 154.00 in Thursday's European session.
Crude Oil edges up, in second consecutive attempt to overcome $70
Crude Oil prices are trying to break above $70 for a second consecutive day, fueled by headlines that Russia has launched a ballistic missile into Ukraine for the first time in the war, Bloomberg reports.
EUR/GBP Price Forecast: Returns to comfort of the range
EUR/GBP continues trading in a range. The pair is probably now in a sideways trend and given the principle of technical analysis that "the trend is your friend" it will probably continue oscillating until it makes a decisive breakout one way or another.
Gold rallies on Nvidia earnings, dovish Fedspeak and geopolitical risks
Gold (XAU/USD) extends its recovery into a fourth day on Thursday, rising up into the $2,670s during the European session.
China SMEI: Services softened again in November - Standard Chartered
Headline SMEI edged down 0.3pts to 50.4 in November; credit conditions continued to improve.
AUD can fall towards 0.6360/0.6340 - BBH
AUD/USD has formed an interim trough near 0.6440 last week and has staged an initial bounce, BBH analyst note.
Guarding against complacency in escalating Ukraine-Russia conflict - DBS
The Dollar Index (DXY) rose 0.7% to a high of 106.92 on geopolitical risks before better tech earnings fuelled a late US stock market rally and lowered the DXY to 106.65 overnight, DBS' Senior FX Strategist Philip Wee notes.
UK inflation remains stubbornly high - Commerzbank
Anyone who thought that the significant downward surprise in September's UK inflation figures would be repeated seamlessly in October was disappointed yesterday.
TRY: No rate change today - Commerzbank
Turkey's central bank (CBT) is scheduled to meet today for a rate decision: it is unanimously expected that the central bank will leave its key rate unchanged at 50%, Commerzbank's FX analyst Tatha Ghose notes.
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