Forex News
Latest news from Forex market.
PBOC sets USD/CNY reference rate at 7.0749 vs. 7.0733 previous
PBOC sets USD/CNY reference rate at 7.0749 vs. 7.0733 previous
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NZD/USD weakens to near 0.5750 as traders await US PCE inflation release
NZD/USD weakens to near 0.5750 as traders await US PCE inflation release
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Japanese Yen Forecast: USD/JPY Slips on Surging JGB Yields Ahead of PCE
BoJ tightening signals lift the yen as USD/JPY tests support. Household spending data is shrugged off, leaving US PCE in focus.
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AUD/USD holds steady above 0.6600; remains close to two-month high ahead of US PCE data
AUD/USD holds steady above 0.6600; remains close to two-month high ahead of US PCE data
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Gold Price Forecast: XAU/USD flat lines near $4,200 ahead of US PCE inflation release
Gold Price Forecast: XAU/USD flat lines near $4,200 ahead of US PCE inflation release
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AUD/JPY outlook: Bullish signals clash with rising bond risks
AUD/JPY has reclaimed its role as a risk proxy, surging on low volatility and widening yield spreads to levels last seen in mid-2024. Correlations with equities and volatility indices confirm the pair's sensitivity to risk appetite, but rising global bond yields cast a shadow over the bullish narrative.
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GBP/USD pulls back as bull run hesitates
GBP/USD pulls back as bull run hesitates
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USD/JPY drifts lower to near 155.05 on Fed rate cut expectations, US PCE inflation data in focus
USD/JPY drifts lower to near 155.05 on Fed rate cut expectations, US PCE inflation data in focus
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Gold (XAUUSD) and Silver Technical Analysis: Fed Pivot Signals Further Upside
Gold and silver prices are gaining bullish momentum as weak jobs data and Fed rate cut expectations drive safe-haven demand.
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Gold (XAU/USD) Price Forecast: Low-Volatility Range Holds – 10-Day Test Sets Up Break
Gold extended its five-day sideways range Thursday with muted volatility, but buyers defended a key $4,175 low exactly where the rising 10-day average and trendline now converge—mirroring the quiet six-to-nine-day consolidations that preceded prior recent advances.
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US Dollar Shows Signs of Stability Into PCE Inflation: USD/JPY, USD/CHF
Most would agree that the Fed are likely cut rates by 25bp this month, though their tone around future cuts remains up in the air as the backlog of economic data flows in. The bearish excitement that weak ADP payrolls figures generated for the US dollar took a pause for breath on Thursday, as job layoffs didn't spike as bears had hoped.
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US Canadian Dollar Forecast: USD/CAD Capped by 1.40, Support at 1.3940
The US Canadian Dollar (USD/CAD) exchange rate traded near 1.3958 on Thursday, little changed on the day as the pair continued to pivot around the 1.3950 area. The Canadian dollar briefly softened after reports that President Trump could withdraw from the USMCA next year, but markets largely dismissed the headline given that the threat.
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Pound to Australian Dollar Price Forecast: GBP Struggles, AUD Boosted by Trade Figures
The Pound Australian Dollar (GBP/AUD) exchange rate was muted on Thursday, having lost ground overnight following strong Australian trade data. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 2.01699 (-0.2%)Pound to Dollar (GBP/USD): 1.33393 (-0.06%)Australian Dollar to Dollar (AUD/USD): 0.66135 (+0.15%) DAILY.
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USD/JPY Tests Key Support at 155 as Ueda Tests the Tightrope
The US Dollar has pushed down to a lower-low earlier today and that goes along with a continued breakout in GBP/USD and a test of fresh highs and bullish structure in EUR/USD. In USD/JPY, however, the broader bullish backdrop remains in-place as prices in the major pair are testing a significant area of support as taken from prior resistance of 154.45-155.00.
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Pound to Dollar Price News, Forecast: USD Weakness as Hassett Tipped to Lead Fed
The Pound US Dollar (GBP/USD) exchange rate held strong on Thursday, touching a fresh one-month high, thanks to a moderately risk-on mood and Federal Reserve interest rate cut bets. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.33393 (-0.06%)Euro to Dollar (EUR/USD): 1.16508 (-0.13%)Dollar to Japanese Yen (USD/JPY): 155.018.
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Rabobank Pound to Euro Forecast: BoE Rate Cuts to See GBP/EUR at 1.12 in Six Months
The Pound to Euro (GBP/EUR) exchange rate briefly traded below 1.13 in November and has now recovered to near 1.1400 amid an element of short covering. Rabobank sees scope for short-term Pound relief following the budget, but expects overall fundamentals will point to medium-term Pound losses as the Pound's yield advantage fades.
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Euro Short-term Outlook: EUR/USD Breakout Hits Resistance- Bulls Eye Reset Ahead
Euro is set to snap an eight-day rally with EUR/USD stalling into uptrend resistance today. The advance carried the pair to seven-week highs, but building momentum divergence now puts the focus on whether price will pull back to reset or consolidate for another breakout attempt.
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Gold firm as Fed rate cut bets remain strong despite mixed US labor data
Gold firm as Fed rate cut bets remain strong despite mixed US labor data
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Gold News: Key Retracement Holds While Traders Eye PCE for Gold Price Future Moves
Gold holds above $4133.95 as traders await PCE data. Fed rate cut odds near 90% support prices despite rising yields.
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Pound-to-Euro Forecast: GBP/EUR Retreats from One-Month Best
The Pound to Euro (GBP/EUR) exchange rate retreated on Thursday, trimming its gains after touching a one-month high on Wednesday, as a lack of UK data left Sterling exposed to profit-taking. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.14492 (+0.08%)Pound to Dollar (GBP/USD): 1.33393 (-0.06%)Euro to Dollar (EUR/USD): 1.16508.
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