EURJPY hit new record high following 1.1% advance in post BoJ rate decision trading. Japanese yen weakened across the board after the Bank of Japan raised interest rates by 25 basis points to 0.75% (the highest in three decades) and left the door opened for further tightening.
USD/CAD remains range-bound amid mixed US data and softer Canadian Retail Sales
GBP/USD drifts lower as UK data disappoints and Fed cautious tone caps upside
Gold attempted a weekly breakout above $4,400 but stalled as momentum faded ahead of the holidays. Pullbacks remain buying opportunities, with strong macroeconomic, geopolitical, and central bank demand supporting the broader bullish case.
The EUR/USD bounced back from its earlier lows on Friday, after a week that turned out to be far less eventful than should have been when you consider the fact that we have had US CPI and nonfarm payrolls report, and several central bank rate decisions, including from the European Central Bank. Heading into the final weeks of the year the EUR/USD forecast remains slightly positive, owing to both a firm euro and a neutral-to-weak US dollar.
CAD softens as broad USD strength caps upside – Scotiabank
Silver remains volatile and overextended after a parabolic move, making it difficult to short but risky to chase higher. Pullbacks toward key levels are preferred, as the broader trend stays bullish despite elevated danger in both directions.
EUR/GBP edges higher as markets reassess BoE and ECB outlooks
The US dollar strengthens as the euro and British pound remain trapped in consolidation, with downside pressure building. Key technical levels continue to define short-term ranges, while broader trends suggest ongoing weakness unless major resistance levels are broken.
VanEck Gold Miners ETF ($GDX) extreme area offers a buying opportunity
EUR/CHF lifts slightly as ECB officials strike cautious tone
The Bank of Japan lifted its short‑term policy rate by a quarter point to 0.75%, the highest level since 1995. Instead of rallying, the yen slipped past ¥157 per dollar in the hours after the decision, suggesting investors judged the accompanying guidance less hawkish than they had anticipated.
Pound Sterling Price News and Forecast: GBP/USD holds steady around 1.3375 after testing 1.3446
USD/JPY rises above 157.00 despite BoJ 25bps rate hike – Rabobank
GBP/USD holds steady around 1.3375 after testing 1.3446 – BBH
EUR/USD pulls back near 1.1710 on French fiscal headwinds – BBH
Gold consolidates below $4,350 amid firm US Dollar
Gold met tagets 4350 and 4370-80 before correcting yesterday. From the Intraday chart, prices are facing support around 4290, where as long as the market holds above it, another rebound toward 4350-70 could hit the market.
USDJPY managed to hit targets 156.15 and 156.95 after the BOJ Interest-Rate Hike. As we see over the chart, the market is facing resistance around 157.90, which could lead to a correction toward 156.15 before rebounding.
GBPUSD managed to break above the resistance of 1.3360-70 which could push for a further advance. As we see over the previous chart, prices face a support zone around 1.3280-99 which could cause a move towards targets 1.3470 and 1.3600.
Prices advanced above the downtrend line as we see from the previous chart which could push for further advance. The support trend is still around 1.1590, where as long as prices hold above it, the advance could continue toward 1.1820.
AUD/USD maintains its bearish tone, hovering right above 0.6600
EUR/NOK drifts lower after Norges Bank meeting – Nordea
As the XAU/USD chart shows, gold rallied yesterday to near its October all-time high around the 4,380 level, before pulling back (as indicated by the arrow).
Silver price today: Silver rises, according to FXStreet data
Gold Price Forecast: XAU/USD fails to extend gains beyond $4,355
The Euro to Dollar (EUR/USD) exchange rate briefly hit 1.18 on Tuesday before a retreat to around 1.1720 on Wednesday amid a covering of short positions. SocGen expects overall yield spreads will be the prime mover for exchange rates over the medium term and expects a further narrowing of spreads will justify EUR/USD gains to 1.20 in the.
USD/JPY pulls back after 157.90 rejection – Société Générale
EUR/USD remains bearish as ECB Lagarde plays down rate hike hopes
The Pound to Euro (GBP/EUR) exchange rate has rallied to 1.1430 from 1.1380 following the Bank of England (BoE) policy decision with an element of short covering amid a lack of fresh dovish elements in the decision. ING expects any further Pound rallies will be capped close to 1.15 and still expects that there will be a slide to 1.11 next.
USD/JPY rallies to near 157.00 as Yen plunges after BoJ's policy outcome
US Dollar stabilizes near 98.6 after soft US CPI at 2.7%, with GBP/USD and EUR/USD consolidating as traders reassess Fed rate-cut timing.
Gold and silver steady after US inflation cooled to 2.7%, reinforcing Fed cut expectations while technical momentum and demand trends keep downside limited.
NZD/USD weakens to near 0.5750 as upbeat GDP fails to lift Kiwi
GBP/JPY Price Analysis: Hits fresh highs above 209.00 due to persistent bullish bias
USD/CAD Price Forecast: Remains broadly sideways below 1.3800
Silver Price Forecast: XAG/USD bounces off 100-hour SMA pivotal support; climbs to $66.00
The US Dollar formed a base near 154.35 and corrected some losses against the Japanese Yen. USD/JPY climbed above 155.00 before the bears appeared.
Pound Sterling Price News and Forecast: GBP/USD steadies following the previous day's volatile price swings
EUR/USD Price Forecast: Tests nine-day support near 1.1700
EUR/GBP holds steady near 0.8750 following BoE rate cut, ECB policy hold
EUR/CAD ticks up to near 1.6160 ahead of ECB speeches
USD/INR opens lower as US inflation cools down
The Japanese yen slumped for the second consecutive day, even as the BoJ delivered its interest rate decision. The USD/JPY pair rose to a high of 156, up sharply from this week's low of 154.37.
USD/CHF rises to near 0.7950 ahead of UoM Consumer Sentiment Index
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
Pakistan Gold price today: Gold falls, according to FXStreet data
India Gold price today: Gold falls, according to FXStreet data
Malaysia Gold price today: Gold falls, according to FXStreet data
AUD/JPY holds gains around 103.00 following BoJ policy decision
USD/JPY rose after the BoJ's 25bp rate hike, but focus now shifts to Ueda's press conference, Fed rate-cut bets, and narrowing US-Japan yield spreads.
Silver Price Forecast: XAG/USD falls on profit-taking but remains buoyed by Fed rate cut bets
EUR/JPY gains further to near 183.00 as BoJ raises interest rates to 0.75%
GBP/JPY climbs further beyond mid-208.00s after BoJ's widely expected 25 bps rate hike
Gold prices dipped below $4,350 on profit-taking, but expectations of Fed rate cuts, rising geopolitical tensions, and silver's strong technical leadership support a renewed bullish outlook for precious metals.
USD/CAD remains below 1.3800 amid rate cut bets
PBOC sets USD/CNY reference rate at 7.0550 vs. 7.0583 previous
NZD/USD posts modest gains on softer US CPI inflation
GBP/USD steadies below 1.3400 as traders digest BoE policy update and US inflation data
When is the BoJ rate decision and how could it affect USD/JPY?
Gold edges lower despite Fed rate cut hopes on cooling US inflation
EUR/USD drifts down with ECB on pause and US inflation cools
Gold losses shine as Fed-cut bulls weigh dovish implications of soft CPI
The Pound US Dollar (GBP/USD) exchange rate firmed on Thursday, in the wake of the Bank of England's (BoE) latest interest rate decision. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.33803 (+0.05%)Euro to Dollar (EUR/USD): 1.17199 (-0.19%)Dollar to Japanese Yen (USD/JPY): 155.6605 (+0.11%) DAILY RECAP: The Pound (GBP).
Over the past seven trading sessions, USD/JPY has lost nearly 1% of its value, with movements favoring the Japanese yen and weighing on the U.S. dollar. A new wave of short-term selling pressure has begun to form as the market awaits the Bank of Japan's decision, as well as the recent U.S. inflation data, which continues to project a weak outlook for the dollar in the near term.
USD/CAD rebounds slightly as US Dollar steadies after CPI miss
Silver markets are down by almost 2% amid profit-taking.
The American currency is swinging between gains and losses as traders react to U.S. inflation data.
Pound Sterling Price News: GBP/USD firm as soft CPI pressures Dollar, BoE stance supports Sterling
US CPI was surprisingly soft in November and that was reflected in a stock market recovery and weakness in US dollar. Normally, this sort of a move in the dollar would have been gold-positive.
The GBP/USD pair managed to recover more than 0.3% today in favor of the British pound, maintaining an intact bullish bias, even though the Bank of England announced a new rate cut in its latest decision. Part of this resilience may be due to the fact that the decision was not unanimous, which softens the interpretation of a fully dovish shift, and also because of the ongoing weakness of the U.S. dollar, which has allowed the pound to remain firm.
GBP/USD firm as soft CPI pressures Dollar, BoE stance supports Sterling
EUR/JPY weakens as ECB holds rates and BoJ hike bets support the Yen
Silver remains volatile but strongly bullish, with momentum still intact despite short-term noise. Pullbacks are viewed as buying opportunities unless the market breaks decisively below major support near $55.
The US dollar strengthens modestly but remains rangebound as markets digest central-bank policy. Key currency pairs are consolidating, with defined technical levels guiding near-term direction amid expectations for continued monetary accommodation.
EUR/USD rebounds as ECB holds rates and US inflation cools
Silver stalls near record highs as traders await the CPI print, with the next move hinging on inflation data and shifting rate expectations.
GBP/CAD firms as BoE delivers a cautious rate cut
GBP/JPY nudges higher after BoE cut, BoJ decision in focus
EUR/GBP dips to 0.8750 session lows following BoE's decsion
It's a busy stretch for global markets, with multiple macro catalysts converging at once. Lots of central banks are meeting in Europe, including the European Central Bank, while from the US we have CPI and jobless claims to look forward to.
NZD/USD Price Forecast: Kiwi hits 0.5755 support as bullish momentum eases
Gold eases within range as US CPI looms
Gold price edges lower as CPI takes focus, with XAUUSD stalling below $4353.56 as traders weigh rate cuts, dollar strength, and gold breakout risk.
NZD/USD softens despite strong Q3 GDP – BBH
EUR/USD hlds above 1.1700 ahead of ECB meeting – BBH
GBP/USD holds above 1.3310 ahead of BoE rate decision – BBH
Discover the effects of RBI's actions on the USD/INR exchange rate. Gain insights into currency trends and their impact on Indian economy.
USD/JPY rises to near 156.00 ahead of US CPI data, BoJ policy decision
USD/CAD treads water below 1.3800, awaiting US inflation figures
Gold Price Forecast: XAU/USD corrects slightly to near $4,320 ahead of US inflation data
USD/JPY holds above 155 ahead of BoJ policy update – MUFG
EUR/GBP stalls below 0.8800, awaiting ECB and BoE decisions
Silver price today: Silver falls, according to FXStreet data
AUD/USD Price Forecasts: Aussie is clinging to the 0.6600 support area
EUR/USD tests key multi-month resistance – Société Générale
EUR/USD steadies with all eyes on the ECB monetary policy decision
Gold is taking a bit of a breather today but so far in December trading, it is very much sticking to the seasonal script from the past few years. Prior to December last year, gold has been on a hot streak in the final month of recent years as the precious metal posted gains in the December months all through 2017 to 2023.