Forex Today: Market players eye Australia’s jobs data, ahead of US PPI and jobless claims
The US Dollar surges as inflation data in the United States holds steady, with traders anticipating a quarter-point interest rate cut by the Federal Reserve next week.
11 Dec 20:45 · FXStreet
GBP/USD sticks to midrange post-US CPI inflation
GBP/USD went nowhere quickly on Wednesday, churning near 1.2750 after US Consumer Price Index (CPI) figures for November widely met median market expectations.
11 Dec 23:26 · FXStreet
EUR/USD trudges lower ahead of ECB rate call
EUR/USD fell for a fourth straight day on Wednesday, shedding one quarter of one percent and easing into the 1.0500 handle as the European Central Bank’s (ECB) latest rate call hangs over Fiber traders.
11 Dec 23:37 · FXStreet
NZD/USD posts modest gains to near 0.5800 as Trump trade risks loom
The NZD/USD pair trades with mild gains around 0.5790 during the early Asian session on Thursday.
11 Dec 23:57 · FXStreet
Australian Dollar steadies as the US Dollar holds minor losses, US PPI awaited
The Australian Dollar (AUD) halts its two days of losses against the US Dollar (USD) on Thursday.
12 Dec 01:16 · FXStreet
AUD/JPY gathers strength to near 97.50 as Australia's Unemployment Rate falls in November
The AUD/JPY cross gathers strength to around 97.40 during the Asian session on Thursday.
12 Dec 01:38 · FXStreet
USD/CAD falls to near 1.4150 as BoC signals a gradual approach to future rate cuts
USD/CAD extends its losses for the second successive day, trading around 1.4150 during the Asian session on Thursday.
12 Dec 02:36 · FXStreet
USD/INR jumps on US Dollar demand, traders brace for Indian CPI release
The Indian Rupee (INR) loses ground on Thursday after hitting a record low in the previous session.
12 Dec 02:44 · FXStreet
Japanese Yen bears have the upper hand amid fading December BoJ rate hike bets
The Japanese Yen (JPY) gains some positive traction during the Asian session on Thursday, with the USD/JPY pair snapping a three-day winning streak to a two-week high touched the previous day.
12 Dec 02:48 · FXStreet
USD/CNH drops to around 7.2650 as Chinese media reports Yuan to remain stable
USD/CNH retraces its recent gains from the previous session, trading around 7.2660 during the Asian hours on Thursday.
12 Dec 04:01 · FXStreet
Gold price consolidates below one-month peak; bulls not ready to give up
Gold price (XAU/USD) retreats sharply after touching over a one-month high, around the $2,726 area during the Asian session on Thursday and for now, seems to have snapped a three-day winning streak.
12 Dec 04:28 · FXStreet
GBP/USD rebounds from 1.2750 as US Dollar declines due to rising odds of a Fed rate cut
GBP/USD recovers its recent losses registered in the previous session, trading around 1.2770 during the Asian hours on Thursday.
12 Dec 05:09 · FXStreet
EUR/USD sticks to positive bias around 1.0500 ahead of ECB; not out of the woods yet
The EUR/USD pair edges higher during the Asian session on Thursday and for now, seem to have snapped a four-day losing streak to over a one-week low touched the previous day.
12 Dec 05:10 · FXStreet
BoJ leaning to keep rates steady next week – Reuters
Citing five sources familiar with the Bank of Japan’s (BoJ) thinking, Reuters reported on Thursday that the Japanese central bank is considering to keeping interest rates steady next week.
12 Dec 05:41 · FXStreet
EUR/JPY Price Forecast: Resumes uptrend within ascending trend channel above 160.00
The EUR/JPY cross trades in positive territory for the fourth consecutive day around 160.35 during the early European session on Thursday.
12 Dec 06:28 · FXStreet
Forex Today: ECB and SNB rate decision, US data to keep action going
Here is what you need to know on Thursday, December 12: The European Central Bank (ECB) and the Swiss National Bank (SNB) will announce monetary policy decisions following the last policy meeting of the year on Thursday.
12 Dec 07:16 · FXStreet
NZD/USD trades above 0.5800 after rebounding from two-year lows
NZD/USD breaks its two days of losses after reaching a two-year low at 0.5761 on Wednesday, currently trading around 0.5820 during the early European hours on Thursday.
12 Dec 07:40 · FXStreet
ECB Press Conference: Lagarde comments on outlook after cutting interest rates by 25 bps
The European Central Bank (ECB) interest rate decision will be announced following the December monetary policy meeting at 13:15 GMT on Thursday.
12 Dec 08:00 · FXStreet
EUR/USD declines as ECB Lagarde acknowledges 50 bps rate cut was discussed
EUR/USD refreshes weekly low around 1.0470 in Thursday’s North American session after the European Central Bank (ECB) policy meeting in which the central bank reduced its Rate on Deposit Facility by 25 basis points (bps) to 3%, as expected.
12 Dec 08:20 · FXStreet
Breaking: SNB surprises with a 50 bps cut to Sight Deposit Rate
Following Thursday's quarterly monetary policy assessment, the Swiss National Bank (SNB) cut the benchmark Sight Deposit Rate by 50 basis points (bps) to 0.50% from 1.00%.
12 Dec 08:31 · FXStreet
USD/CAD Price Forecast: Hovers around 1.4150 after pulling back from multi-year highs
USD/CAD remains tepid for the second successive day, trading around 1.4150 during the European session on Thursday.
12 Dec 08:31 · FXStreet
USD/CHF advances to near 0.8900 as SNB unexpectedly cuts interest rates by 50 bps
The USD/CHF pair surges to a fresh two-week high near 0.8900 as Swiss France (CHF) dives after the Swiss National Bank (SNB) surprisingly reduces its key borrowing rates by 50 basis points (bps) to 0.5%.
12 Dec 08:42 · FXStreet
Pound Sterling drops against USD after hot US PPI data
The Pound Sterling (GBP) surrenders gains and turns negative against the US Dollar (USD) in Thursday’s North American session.
12 Dec 09:32 · FXStreet
Gold posts a shallow bounce on ECB's rate cut and downbeat US claims
Gold (XAU/USD) is hesitating below a one-month high at $2,720 on Thursday’s European session following a sharp rally over the last three days.
12 Dec 10:43 · FXStreet
Mexican Peso crawls towards 20.00 level against US Dollar with US Claims, PPI on tap
The Mexican Peso (MXN) trades practically flat against the US Dollar (USD) on Thursday, with the key 20.00 support area holding the Greenback ahead of the US Producer Price Index (PPI) and Weekly Jobless Claims data.
12 Dec 11:03 · FXStreet
AUD/USD rebound halts at 0.6425 and keeps the bearish trend intact
The Australian Dollar accelerated its rebound from year-to-date lows following stronger-than-expected Australian employment data seen earlier today.
12 Dec 11:31 · FXStreet
US Dollar ties up with small gains after ECB's Lagarde delivers a small rate cut
The US Dollar (USD) is holding on to gains this Thursday after the European Central Bank (ECB) has cut its policy rate by 25 basis points in its last meeting for 2024. ECB President Christine Lagarde confirmed during her press conference that a bigger
12 Dec 12:30 · FXStreet
NZD/USD Price Forecast: Reversal setup on chart but will unlikely set off
The NZD/USD pair gives up its intraday gains and returns below the round-level figure of 0.5800 in Thursday’s early North American session.
12 Dec 12:59 · FXStreet
EUR/GBP hovers near two-week lows at 0.8220 following ECB’s rate cut.
The Euro remains practically unchanged, near two-year lows after the ECB’s rate cut.
12 Dec 13:27 · FXStreet
EUR/JPY dips further below 159.50 post ECB’s rate cut
The Euro weakens against the Japanese Yen during the North American session after the European Central Bank (ECB) cut interest rates.
12 Dec 13:38 · FXStreet
Lagarde speech: Recovery is slower than expected
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest rate by 25 basis points at the December policy meeting and responds to questions from the press.
12 Dec 13:56 · FXStreet
Lagarde speech: Trade friction could weigh on growth
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest rate by 25 basis points at the December policy meeting and responds to questions from the press.
12 Dec 14:01 · FXStreet
Lagarde speech: There were some discussions about a 50 bps cut
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest rate by 25 basis points at the December policy meeting and responds to questions from the press.
12 Dec 14:09 · FXStreet
Lagarde speech: Protectionism is inflationary in short term
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower the benchmark interest rate by 25 basis points at the December policy meeting and responds to questions from the press.
12 Dec 14:24 · FXStreet
Europe's economy falters as Trump presidency looms
The European economy is going to have a tough few years, if new forecasts are correct.
12 Dec 16:54 · BBC News
Dow Jones Industrial Average adrift after PPI uptick
The Dow Jones Industrial Average (DJIA) held steady on Thursday, drifting into the 44,000 major price handle as investors balked at the latest US Producer Price Index (PPI) inflation figures.
12 Dec 18:15 · FXStreet
US Dollar strengthens as ECB President Lagarde signals potential rate cuts
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, rose toward 106.70 after Christine Lagarde, President of the European Central Bank (ECB), confirmed talks of a possible 50 bps interest rate cut.
12 Dec 18:44 · FXStreet
Mexican Peso retreats on thin trading after strong US PPI
The Mexican Peso weakens after posting back-to-back bullish days, dropping over 0.44% against the Greenback as mixed US economic data and a holiday in Mexico keep trading conditions thin.
12 Dec 19:20 · FXStreet
last updated on 12 Dec 20:34