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GBP/USD Price Forecast: The bearish outlook remains in play below 1.2700
The GBP/USD pair edges lower to near 1.2675, the lowest level since August during the Asian trading hours on Friday.
NZD/USD holds gains near 0.5850 following Business NZ PMI, mixed China data
The NZD/USD halts its three-day losing streak, trading around 0.5850 during the Asian session on Friday.
China's NBS: Will step up policy adjustments, expand domestic demand
Following the publication of the high-impact China's activity data for October, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Friday.
Gold price extends decline on bullish US Dollar, investors brace for US PPI data
The Gold price (XAU/USD) struggles to gain ground around $2,570 on Friday after bouncing off a two-month low in the previous session.
Japan's Kato: Will take appropriate action vs. excessive FX moves
Japan's Finance Minister Katsunobu Kato on Friday that he "will take appropriate action vs.
China's October Retail Sales beat estimates, Industrial Production disappoints
China's October Retail Sales increased 4.8% YoY vs. 3.8% expected and 3.2% in September, while the country's Industrial Production rose 5.3% YoY in the same period vs.
Australian Dollar continues to face downward pressure amid a strong US Dollar
The Australian Dollar (AUD) continues its decline for the sixth consecutive session on Friday, hovering near three-month lows against the US Dollar (USD).
Japan's Akazawa: Expect modest economic recovery to continue
Japan's Economy Minister Ryosei Akazawa said on Friday that he "expects modest economic recovery to continue, driven by improving employment and wage environment." He further noted that there is a "need to carefully monitor downside risks from overseas economies and volatility in financial, capital markets." .
PBOC sets USD/CNY reference rate at 7.1992 vs. 7.1966 previous
On Friday, the People's Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1992, as compared to the previous day's fix of 7.1966 and 7.1966 Reuters estimates.
USD/JPY jumps above 156.50 after Japanese GDP, eyes on US Retail Sales data
The USD/JPY pair extends the rally to around 156.60, the highest level since July 23 during the early Asian session on Friday.
WTI holds steady near $68.50, renewed US dollar demand might cap its upside
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.40 on Friday.
EUR/USD taps 1.05 for the first time in over a year
EUR/USD briefly tested fresh year-long lows on Thursday, piercing the 1.0500 handle for the first time in 54 weeks.
USD/CAD holds steady above 1.4050, US Retail Sales data in focus
The USD/CAD pair trades flat near 1.4060 amid the consolidation of the US Dollar (USD) during the early Asian session on Friday.
GBP/USD tumbles through 1.27 on Thursday
GBP/USD fell to a fresh 19-week low on Thursday, piercing the 1.2700 handle before finding near-term technical support from 1.2650.
Canadian Dollar sinks to multi-year lows on data-light Thursday
The Canadian Dollar (CAD) backslid into new lows against the Greenback on Thursday, slipping to a fresh 54-month low and sending the USD/CAD pair to its highest prices in four and a half years.
NZD/USD Price Analysis: Pair logs three consecutive losses, RSI oversold
The NZD/USD pair declined by 0.65% during Thursday's session and fell below the 0.5900 mark, extending declines for the sixth day and hitting lows since November 2023.
NZD/JPY Price Analysis: Pair stuck in range, moves sideways
The NZD/JPY pair declined mildly to 91.40 on Thursday's session and continued trading within the range of 92.00-91.00.
Gold price consolidates amid strong US Dollar, robust PPI data
Gold recovers some ground on Thursday yet remains trading below its opening price for the fifth consecutive day, undermined by the Greenback's advance for its own fifth consecutive day.
Australian Dollar declines on weak labor data, US Dollar hits yearly high
The AUD/USD declined by 0.34% to 0.6470 in Thursday's session, extending its decline to a fresh three-month low of 0.6460.
Forex Today: Attention is back to the real economy
The US Dollar continued its ascent, reaching fresh 2024 highs, even as the Trump-led rally showed signs of slowing and US yields dipped slightly ahead of a busy economic calendar on Friday.
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