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AUD: Labor market only slightly weaker - Commerzbank
Australia's labor market cooled slightly last month, with only around 16,000 new jobs created in October, less than analysts had expected, according to the Bloomberg consensus.
USD/CNH: Attempt to slow pace of depreciation - OCBC
For the second day in a row, CNY fix came in much stronger than expected.
Elon Musk, the optimists and the pessimists - Commerzbank
The future US president will appoint Elon Musk (together with Vivek Ramaswamy) to head a new office for government efficiency (independent of the Office of Management and Budget).
Eurozone Preliminary GDP increases by 0.4% QoQ in Q3, second estimate confirms
The Eurozone economy expanded by 0.4% in the quarter to September of 2024, according to the second estimate released by Eurostat on Thursday.
Pound Sterling falls further against USD on Trump's clean sweep
The Pound Sterling (GBP) refreshes over a four-month low below the round level of 1.2700 against the US Dollar (USD) in Thursday's London session.
EUR/USD: Trend is your friend - OCBC
The Euro (EUR) extended its move lower amid broad USD strength while political uncertainties in Germany is not helping.
Little news on US inflation - Commerzbank
Yesterday's US inflation figures provided little new information, with all figures coming in as expected: The headline rate rose by 0.2% and the core rate by 0.3% month-on-month, Commerzbank's FX analysts Michael Pfister notes.
GBP/JPY remains tepid around 197.50, awaits BoE Bailey speech
GBP/JPY edges lower after posting gains in the previous session, hovering around 197.50 during European trading hours on Thursday.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data.
USD/CNH: Has a chance to break above 7.2600 - UOB Group
USD is likely to edge higher; any advance is unlikely to break above 7.2600.
ECB's de Guindos: All indicators on core inflation pointing in the right direction
European Central Bank (ECB) Vice President Luis de Guindos said on Thursday that "all indicators on core inflation are pointing in the right direction." Additional quotes Inflation has come down quite a lot.
DXY: Momentum trade - OCBC
The US Dollar (USD) dipped post-CPI (which came in largely in line with estimates) but the dip was short-lived.
USD/JPY: USD can break above 156.00 - UOB Group
Momentum remains robust; the US Dollar (USD) could break above 156.00 but might not be able to maintain a foothold above this level.
Mexican Peso resumes downside after Republicans take Congress
The Mexican Peso (MXN) resumes the slide in its key pairs on Thursday after briefly pausing on Wednesday following the release of US inflation data.
CEE: Restarted dollar rally will keep region under pressure - ING
Yesterday's current account data, despite some surprises, especially in the Czech Republic, where higher dividends offset a strong surplus in previous months, remained without much reaction in the markets, ING's FX analyst Frantisek Taborsky notes.
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.
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