GBP/JPY eases as Yen strengthens on rising BoJ rate-hike expectations
GBP/JPY eases as Yen strengthens on rising BoJ rate-hike expectations
GBP/JPY eases as Yen strengthens on rising BoJ rate-hike expectations
Gold prices have fallen from a post FOMC high of $4250/oz to lows around $4206/oz in early US trade. Market participants are assessing the Federal Reserve's (Fed) monetary policy outlook after the latest interest rate cut.
GBP/USD climbs above 1.34 as Fed cut and soft US data weigh on Dollar
Gold trades sideways as traders weigh the impact of Fed rate cuts and a $40 billion bond buyback program. Despite strong long-term momentum and central-bank demand, near-term hesitation suggests potential pullbacks within the broader uptrend.
Silver hits record highs as bullish momentum extends, but stretched levels raise correction risks as traders watch key support and tight supply fuels the silver outlook.
Silver spikes higher out of a bullish pattern before easing as New York trading begins. Support appears firm beneath the market, with targets near $65, strong momentum, and dip-buying interest extending as low as $57.50.
USD/JPY falls as US jobless claims rise, BoJ rate hike speculation grows
EUR/CHF slips as Franc strengthens after SNB holds rates at 0%
Gold price slips as traders fade the Fed cut, with XAUUSD showing little reaction to falling yields and a weaker dollar while key levels define the outlook.
The US dollar weakens early Thursday following Federal Reserve bond-purchase announcements, lifting both the euro and the British pound. Key resistance levels remain dominant across EUR/USD, GBP/USD, and EUR/GBP as traders watch central-bank policy expectations closely.
The Euro remains firm and rises to the highest in seven weeks on Thursday, in extension of Wednesday's 0.6% advance, mainly seen in post-Fed acceleration.
Gold consolidates with Fed caution keeping bulls in check
Explore the technical outlook of USD/INR and discover the key factors influencing its fluctuations. Stay updated with US-India trade deal.
The Nikkei finished lower on Thursday, primarily because of a large drop in SoftBank Group shares. SoftBank's decline mirrored the steep fall of the US tech giant Oracle, which disappointed investors by predicting sales and profit below what Wall Street analysts expected.
EUR/JPY steady as ECB holds stance, BoJ rate hike speculation grows
Silver Price Forecasts: XAG/USD remains bid above $62.00
AUD/USD corrects to near 0.6630 after weak Australian job data
The GBP/USD pair advanced to 1.3367 on Thursday, stabilising near its highest level since 22 October. Sterling is drawing support from a confluence of factors: a broadly weaker US dollar and a market reassessment that has scaled back expectations for additional Bank of England (BoE) monetary easing in 2026.
• FOMC tone leaned cautious with 3 dissents and only one projected rate cut for 2026 • The $40B/month Treasury purchase plan added a dovish push, sending the DXY down toward 98.50 • USDJPY holds the 155 support, and USDCAD holds 1.3780 — will they follow the DXY lower?
Silver price today: Silver rises, according to FXStreet data
USD/CHF retreats from 0.8000 following SNB's decision
EUR/USD flatlines near highs as market sentiment sours
The US Dollar weakens after the Fed signals a wait-and-see stance. Traders watch jobless claims as GBP/USD and EUR/USD extend their bullish momentum.
Gold and silver ease as the dollar stabilizes and Fed policy signals turn mixed. Traders watch US data and geopolitical tensions for the next move in metals.
The market managed to hit a correction to test again the support zone at 4160-70. As we see over the chart and if prices remain above the support of 4160-70, the advance wave could expand towards the 4272-77 zone.
USDJPY dropped towards the second support zone at 155.50-60. As we see over the Intraday chart and if prices hold above this support, then another advance towards 157.10-20 and 158.80 will be expected.
The market met the target and resistance of 1.3360-70 and managed to drop before re-testing this zone again. As we see over the Intraday chart, prices face the chance for some a correction towards 1.3250-60 or 1.3180-1.3210 where each one of those supports could lead to an advance wave.
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.
GBP/JPY finds decent support near 208.00; remains below YTD top ahead of BoE's Bailey
The Pound US Dollar (GBP/USD) exchange rate extended gains into Thursday, after markets reacted to the Federal Reserve's December interest rate decision of the year. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.33718 (-0.13%)Euro to Dollar (EUR/USD): 1.16934 (-0.07%)Dollar to Japanese Yen (USD/JPY): 155.9685.
Australian Dollar weakened broadly after today's significantly softer labor-market report, though it continues to show relative resilience against the U.S. Dollar and most majors—with the notable exception of Kiwi. The sharp downside surprise in employment has tilted sentiment in favor of further downside in AUD/NZD as markets reassess the likelihood of near-term RBA tightening.
When is the SNB's interest rate decision and how could it affect USD/CHF?
The British Pound started a strong increase above 1.3320 against the US Dollar. GBP/USD even cleared the 1.3350 barrier to enter a positive zone.
EURCHF currency pair recently reversed up from the resistance area between the resistance level 0.9390 (former monthly high from September), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from April.
AUD/JPY tumbles to near 103.50 on mixed Australian employment data
Pound Sterling Price News: GBP/USD weakens to around 1.3365 during early European session.
USD/INR gains sharply amid uncertainty surrounding US-India trade talks
GBP/USD softens as traders eye BoE rate cut next week
The USD/CHF exchange rate drifted downwards on Thursday morning as the US dollar index weakened after the Federal Reserve interest rate decision. It dropped to a low of 0.8, its lowest level since November 19 as investors anticipated the upcoming Swiss National Bank (SNB) interest rate decision.
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
Gold retreats from weekly top as USD rebounds slightly following the post-FOMC slump
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
EUR/USD holds below 1.1700 despite Fed rate cut, US Jobless Claims data eyed
Silver Price Forecast: XAG/USD corrects from all-time highs to near $62, outlook remains firm
Softer labour data has taken some of the shine off AUD/USD's recent run, reminding traders that rallies driven by policy expectations need continual upside surprises to sustain. With the RBA delivering an expected hawkish hold and the Aussie already up more than 4%, today's employment figures offer a timely reality check for bulls as the pair approaches a key resistance zone.
USD/CAD hangs near its lowest level since October 22, seems vulnerable below 1.3800
PBOC sets USD/CNY reference rate at 7.0686 vs. 7.0753 previous
AUD/USD remains depressed after mixed Aussie jobs data; holds above mid-0.6600s
NZD/USD trades above 0.5800, over two-month top amid dovish Fed-inspired USD weakness
Gold Price Forecast: XAU/USD drifts higher above $4,200 as Fed delivers expected cut
AUD/JPY has ridden a wave of risk appetite and hawkish RBA repricing, but the rally faces a critical test with Australia's jobs report. With bullish positioning stretched and technical signals flashing caution near 104.00, even a marginally weak print could trigger a sharp reversal.
GBP/USD rebounds following Fed's third straight rate trim
USD/JPY slumps to near 156.00 after Fed cuts rates
The Canadian Dollar offensive extended this week with USD/CAD taking another leg lower today on the heels of the Bank of Canada and FOMC interest rate decisions. The decline is now approaching the lower bounds of the late-November downtrend and while the medium-term outlook remains tilted to the downside, the immediate decline may be vulnerable into this key slope.
Gold inched to a three-day high of $4,239 Wednesday with a higher highs and low, reclaiming the 10-day average at $4,206 and finding support on the short-term uptrend line to signal buyers slowly reasserting control after the recent pullback.
GBP/USD surges after Fed rate cut, traders focus on Powell's next steps
Gold jumps after Fed rate cut, XAU/USD extends gains on dovish guidance
EUR/USD jumps on cautiously dovish Fed rate outlook
EUR/USD climbs as Fed rate cut expectations pressure US Dollar
Gold prices are still more than 110% above last year's lows, and in late-November we saw gold break out of another symmetrical triangle that made up a bull pennant formation. But for the past week, it's been largely range-bound as traders and investors gear up for the final Fed meeting of the year.
Pound Sterling Price News: GBP/USD firms as dovish repricing for Fed and BoE boosts upside momentum
Gold slips as markets brace for Fed's decision, Powell's presser
Silver hit new record high ($61.59) on Wednesday, in extension of Tuesday's strong acceleration higher which resulted in a daily gain of 4.5% and break through psychological $60 barrier.
At the time of writing in late afternoon trading in London, the US dollar was broadly lower in anticipation of a third rate cut from the Fed. There was no major data release today and the Bank of Canada's rate decision came and went without stirring volatility.
The Pound to Canadian Dollar (GBP/CAD) exchange rate ticked higher on Wednesday, in the wake of the Bank of Canada's (BoC) latest interest rate decision. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.84518 (+0.17%)Euro to Canadian Dollar (EUR/CAD): 1.61185 (+0.11%)Dollar to Canadian Dollar (USD/CAD): 1.38373.
The British Pound is threatening to snap a two-week rally with GBP/USD trading just below downtrend resistance ahead of today's highly anticipated Fed rate decision. The setup leaves the pair vulnerable to a near-term inflection, with the broader June downtrend remaining intact while below resistance.
Silver tested historic highs, while platinum found itself under strong pressure.
The American currency is moving lower ahead of the key event of the week.
The Pound to Dollar exchange rate (GBP/USD) opened the week on a firmer footing, but analysts at Goldman Sachs remain cautious, arguing that with the Autumn Budget no longer dominating the agenda, the market is likely to return its focus to the underlying domestic pressures that continue to cap Sterling's upside. Latest — Exchange.
Last week's scenario? Played out perfectly.
GBP/USD firms as dovish repricing for Fed and BoE boosts upside momentum
USD/CAD strengthens after BoC keeps policy steady; Fed in the spotlight
Pound Sterling Price News and Forecast: GBP/USD holds tight range with mild bearish bias
Major currency pairs remain rangebound as traders await the FOMC decision and press conference. The euro, pound, and EUR/GBP all sit near key moving averages and important levels, with the next impulsive move likely defining short-term direction.
Silver has rallied sharply into record territory near the 62 mark ahead of the FOMC meeting and year-end momentum. This divergence raises questions about the sustainability of broader market trends that remain below their 2025 record highs.
EUR/GBP declines as central bank divergence keeps the cross range bound
The USD/JPY has been on the upside in the last five sessions, but there's more to favor the yen in addition to Fed and BoJ rate decisions.
Gold continues to consolidate ahead of the FOMC decision, with traders focused on the forthcoming statement and press conference. Key levels remain in play, and dips are still favored as buying opportunities while the broader bullish trend stays intact.
Silver remains bullish after breaking above $60, though traders are cautious ahead of the FOMC meeting. Short-term pullbacks may offer buying opportunities, while major levels at $57.50 and $62.50 could determine the next directional move.
USD/CHF extends losses with traders awaiting Fed cut and Powell guidance
In the FX market, a “K-shaped” performance has emerged with the AUD rallying and outperforming among the major currencies against the US dollar due to the hawkish monetary policy guidance from the Australian central bank, RBA. In today's Asia session, AUD extended its gains by 0.1% after a 0.3% return seen on Tuesday, 9 December, towards a three-month high at 0.6650 (see Fig.
The USD/CAD forecast is subject to heightened volatility today as both North American central banks will decide on their respective monetary policies. Following the release of some stronger US data in recent days, the US dollar has rebounded against most major currencies, most notably the yen, although it has struggled against the ComDolls owing to an overall positive risk appetite.
Gold price holds $4192.36 as traders await the Fed decision and Powell's guidance, with a potential gold breakout or slide depending on the 2026 rate outlook.
AUD/USD rally stalls below 0.6650 with all eyes on the Fed's decision
• The dilemma between inflation risks and soft labor market risks fuels caution across major charts ahead of the FOMC meeting • The 25 bps rate cut seems fully priced in, keeping the DXY above 98.80 and GBPUSD below 1.34 • With the Fed and BoE facing similar challenges between inflation and employment uncertainty, key levels are set to define the primary trends heading into 2026
Gold trades cautiously as markets brace for Fed interest rate call
EUR/USD is holding steady above 1.1650 amid broad U.S. dollar weakness ahead of the Federal Reserve interest rate decision later today and following hawkish rhetoric from ECB officials.
USD/JPY holds onto gains near 157.00 ahead of Fed's monetary policy
GBP/JPY Price Forecast: Pound remains firm, with 208.20 holding bears
On the hourly chart of EUR/USD at FXOpen, the pair started a fresh increase from 1.1550. The Euro cleared a few key hurdles near 1.1600 to move into a positive zone against the US Dollar.
USD/CAD holds above 1.3800 ahead of Fed decision – BBH
USD/CNH: Likely to trade with a downward bias – UOB Group
USD/JPY: Any advance may not reach 157.20 – UOB Group
EUR/USD pressured by rising US rates, eyes 1.1585/90 support – ING
USD/CAD Price Forecast: Wobbles around 1.3850 ahead of BoC-Fed policy outcome
Silver price today: Silver rises, according to FXStreet data