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Forex
Fails to extend three-day winning streak
The NZD/USD pair corrects to near 0.5650 during the European trading session on Thursday after failing to extend its three-day winning streak. The Kiwi pair faces selling pressure…
AUD/JPY revisits yearly high near 101.60 after upbeat Australian employment data
The AUD/JPY pair revisits the yearly high around 101.60 during the late Asian trading session on Thursday. The pair strengthens as the Australian Dollar (AUD) outperforms its…
Gold hits three-week high as Fed rate cut bets counter risk-on mood
Gold (XAU/USD) reverses a modest Asian session dip and climbs to an over three-week high, around the $4,213 region, on Thursday. Investors seem convinced that the delayed US macro…
Japanese Yen remains under pressure as BoJ policy uncertainty persists
The Japanese Yen (JPY) edges higher during the Asian session on Thursday and recovers slightly from a nine-month trough touched against its American counterpart the previous day.…
XAG/USD consolidates near four-week high
Silver (XAG/USD) is seen consolidating its strong gains registered over the past four days and oscillating in a range during the Asian session on Thursday. The white metal…
PBOC sets USD/CNY reference rate at 7.0865 vs. 7.0833 previous
On Thursday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0865 compared to the previous day's fix of 7.0833 and 7.1156 Reuters…
Underlying inflation accelerating toward 2% moderately
Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday that the Japanese central bank will strive to create strong economy so that tax revenues rise without tax hikes.Key…
Extends rally above 203.00 on weaker Yen
The Pound Sterling clings to gains versus the Japanese Yen on Wednesday, gains over 0.31%, trading at around 203.16 boosted by overall JPY weakness across the board.News from…
Markets steady as investors eye US government funding vote
The US Dollar (USD) remains under pressure as investors tilt into a risk-on stance ahead of an expected vote to re-fund the US government on a short-term basis. A vote on a…
Australia unemployment rate expected to fall to 4.4% in October
Australia is scheduled to publish the October monthly employment report on Thursday at 0:30 GMT, with market participants anticipating a modest improvement in labor market…