Forex
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EUR/USD moves higher to near 1.1550 ahead of HCOB PMI data
EUR/USD gains ground amid increasing bets for the Fed rate cut in December. CME FedWatch Tool suggests pricing in 36%…
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EUR/JPY edges lower below 181.50 as Japan unveils stimulus package
EUR/JPY softens to near 181.40 in Friday’s early European session. Japan’s cabinet approved 21.3 trillion yen economic stimulus package. ECB’s…
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Australian Dollar holds ground as Australia Manufacturing PMI rises in November
The Australian Dollar rises after the release of S&P Global Purchasing Managers Index data. S&P Global Manufacturing PMI rose to…
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USD/INR trades steadily ahead of India/US flash PMI data
The Indian Rupee opens on a stable note against its major peers ahead of India’s flash private sector PMI data.…
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Japanese Yen sticks to recovery gains as Japan’s cabinet approves stimulus package
The Japanese Yen stalls its recent slide amid intervention fears and reviving safe-haven demand. Fiscal concerns and BoJ rate hike…
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Dollar Set for Weekly Gain
The dollar index held above 100 on Friday, poised to rise nearly 1% for the week amid expectations that the…
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EUR/GBP softens below 0.8850 despite growing expectations of BoE rate cut
EUR/GBP edges lower to around 0.8820 in Thursday’s early European session. Analysts expect the Bank to cut rates in December,…
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EUR/USD slides further to near 1.1500 ahead of US NFP data
EUR/USD falls further to near 1.1500 as the US Dollar strengthens amid receding Fed dovish speculation. Many FOMC policymakers believe…
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GBP/JPY reaches fresh 16-month highs above 205.50
GBP/JPY hit a 16-month high of 205.52 as traders expect PM Takaichi to announce a stimulus package. Reuters poll suggests…
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USD/CAD flat lines above 1.4050, all eyes on US NFP data
USD/CAD trades on a flat note around 1.4060 in Friday’s early European session. The delayed US Nonfarm Payrolls (NFP) data…
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