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US Dollar Price Forecast: The bullish outlook remains in play near 106.50
The US Dollar Index (DXY) trades with mild losses around 106.50 during the early European session on Thursday.
Fed's Williams sees inflation cooling and interest rates falling further
In a Barron's interview published on Thursday, New York Federal Reserve Bank (Fed) President John Williams said that he "sees inflation cooling and interest rates falling further." He further noted that "2% is the rate that can best balance the central bank's employment and price stability goals." .
BoJ's Ueda: We decide monetary policy meeting by meeting on basis of information available
More comments flowing in from Bank of Japan (BoJ) Governor Kazuo Ueda, as he now speaks on the monetary policy and the exchange rate value.
ECB's Villeroy: Balance of risks on growth and inflation is shifting to the downside
Speaking at a conference in Tokyo on Thursday, European Central Bank (ECB) policymaker Francois Villeroy de Galhau said that "the balance of risks on growth and inflation is shifting to the downside." Additional comments Victory against inflation is in sight in Europe.
EUR/GBP holds thin gains near 0.8350, fears downside risks due to cautious BoE
EUR/GBP appreciates after two days of losses, trading around 0.8340 during the Asian hours on Thursday.
FX option expiries for Nov 21 NY cut
FX option expiries for Nov 21 NY cut at 10:00 Eastern Time via DTCC can be found below.
BoJ's Ueda: Technological advancements bring new risks to financial stability
Bank of Japan (BoJ) Governor Kazuo Ueda doesn't touch upon monetary policy and economic outlook during his scheduled appearance on Thursday.
AUD/JPY Price Forecast: The crucial support level emerges near 100.00
The AUD/JPY cross trades in a narrow range near 101.05 during the early European session on Thursday.
USD/CHF edges lower amid geopolitical tensions; holds above 0.8800 on bullish USD
The USD/CHF pair struggles to capitalize on the previous day's recovery from the vicinity of the 0.8800 mark or a one-week low and attracts fresh sellers during the Asian session on Thursday.
EUR/USD edges higher to near 1.0550, downside risks appear due to safe-haven flows
EUR/USD appreciates slightly after registering losses in the previous session, trading around 1.0550 during the Asian hours on Thursday.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
China's government advisers advocate for 2025 growth target of around 5%
Four Chinese government advisers advocated for a 2025 growth target of around 5%, similar to this year, Reuters reported on Thursday.
EUR/JPY Price Forecast: Bears have the upper hand while below 200-period SMA on H4/164.00
The EUR/JPY cross meets with a fresh supply following the previous day's good two-way price swings and trades around the mid-163.00s during the Asian session on Thursday, down 0.20% for the day.
GBP/USD trades above 1.2650, upside potential seems limited due to cautious Fed
GBP/USD edges higher to near 1.2650 during the Asian trading hours on Thursday.
Gold price scales higher for the fourth straight day on rising geopolitical tensions
Gold price (XAU/USD) prolongs its weekly uptrend for the fourth straight day and climbs to the $2,660 area, or a fresh one-and-half-week high during the Asian session on Thursday.
USD/INR gathers strength ahead of US data, Fedspeak
The Indian Rupee (INR) extends its decline on Thursday. The heightened geopolitical tensions and market reactions due to Donald Trump's victory in the US presidential elections drag the local currency lower.
Silver Price Forecast: XAG/USD rises above $31.00 due to escalated Russia-Ukraine conflict
Silver price (XAG/USD) retraces its recent losses from the previous session, trading around $31.00 during the Asian hours on Thursday.
Japanese Yen gains positive traction against USD, upside potential seems limited
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Thursday and drags the USD/JPY pair away from the weekly top touched the previous day.
Australian Dollar appreciates due to a hawkish mood surrounding the RBA policy outlook
The Australian Dollar (AUD) retraces its recent losses on Thursday, buoyed by a hawkish outlook from the Reserve Bank of Australia (RBA) concerning interest rates.
WTI steadies near $69.00 amid geopolitical risks, rise in US crude stock
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.95 on Thursday.
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