USD/CHF slides to test 0.8645 support with US inflation data on tap
The US Dollar is on the back foot on Thursday, with investors bracing for the release of October’s PCE Prices Index data.
Yen firms after less dovish BOJ, dollar dips ahead of inflation data
TOKYO/LONDON :The yen firmed on Thursday after the Bank of Japan took a less dovish tone than expected while the U.S. dollar ticked lower ahead of jobs data later this week and the U.S. presidential election next week. The dollar was last down 0.6 per cent on the Japanese currency at 152.360 yen as the BOJ
NZD/USD posts fresh 11-week low below 0.5950 as US Dollar bounces back
The NZD/USD pair refreshes a more than 11-week low slightly below 0.5950 in North American trading hours on Thursday.
USD: Dollar takes a back seat to overseas events – ING
The Dollar Index (DXY) has softened a little this week – largely in response to overseas events.
Bank of Japan leaves main interest rate unchanged
The Bank of Japan kept its main interest rate unchanged on Thursday, as widely expected, warning of "high uncertainties surrounding Japan's economic activity and prices." The decision comes amid market uncertainty ahead of U.S. presidential elections on November 5 and following Japanese polls on Sunday that was the worst outcome…
GBP/USD: UK rates markets pare back BoE easing expectations – Scotiabank
The UK budget update largely conformed to expectations. The government will raise taxes and borrowing significantly but will also spend heavily on priority projects, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Gold price keeps the red below record high, downside seems limited ahead of US PCE data
Gold price (XAU/USD) is seen oscillating in a narrow range during the Asian session on Thursday and consolidating its recent strong gains to a record high.
Australian Dollar recovers as the USD retraces
The AUD/USD rebounded from multi-week lows on Wednesday, driven by broad-based US Dollar weakness.
Forex Today: Investors will closely follow the BoJ and PCE data
The Greenback’s rally continued to give some signs of potential exhaustion on Wednesday, despite encouraging prints from the job creation in the US private sector and further evidence of a resilient US economy.
US Dollar takes a quick breather ahead of high-tier data
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, lost ground on Wednesday following the release of mixed economic data.
Stock market today: Indexes slip as traders digest GDP and inflation data ahead of more big earnings
Stocks were mostly lower on Wednesday after a fresh batch of economic data points. US real GDP increased at an annual rate of 2.8% in the third
AUD/USD Price Forecast: Climbs to 0.6685 area amid modest USD weakness, ahead of US data
The AUD/USD pair stages a goodish intraday recovery from its lowest level since August 8, around the 0.6535 region touched earlier this Wednesday and for now, seems to have snapped a three-day losing streak.
DXY: ADP employment, 3Q GDP on their way – OCBC
The US Dollar (USD) traded 2-way overnight with gains on the back of strong consumer confidence but turned lower after JOLTS job openings slumped to lowest level since early 2021.
Gold price pulls back from all-time peak, $2,800 remains in sight ahead of US macro data
Gold prices (XAU/USD) climbs to a fresh record high during the Asian session on Wednesday as uncertainties surrounding the US presidential election, and the Middle East conflict continue to boost demand for traditional safe-haven assets.
US dollar rally pauses before jobs data, Aussie droops on RBA outlook
TOKYO : The dollar hovered close to a three-month peak on Wednesday in a big week for macroeconomic data that could reveal the path for U.S. monetary policy.The Australian dollar edged closer to a three-month trough after some stickiness in inflation suggested a Reserve Bank of Australia interest rate cut
US dollar rally pauses before jobs data, bitcoin trades near record
TOKYO/LONDON :The dollar backed off a three-month peak on Wednesday as investors waited for key economic data, while bitcoin sat close to a record high as traders raised their bets on a Donald Trump victory in next week's presidential election.Meanwhile, the euro ticked up from a three-month low as inflation
US dollar rally pauses before jobs data, bitcoin trades near record
TOKYO/LONDON :The dollar backed off a three-month peak on Wednesday as investors waited for key economic data, while bitcoin sat close to a record high as traders raised their bets on a Donald Trump victory in next week's presidential election.Meanwhile, the euro ticked up from a three-month low as inflation
last updated on 31 Oct 17:32