NZD/USD loses ground for the third consecutive day, trading around 0.5550 during European hours on Thursday.
TradingKey - On Thursday (November 12), Bitcoin (BTC) continued its recent downward trend. As of today's European trading session, Bitcoin fell below $74,000 intraday, with the latest price trading ne
Deutsche Bank’s Jim Reid and colleagues highlight that Fed funds futures shifted in a more hawkish direction after the CPI release, lifting expectations for future rate hikes.
The Euro (EUR) remains steady at around 0.8350 against the British Pound (GDP) in the European trade on Thursday, as the latter trades almost stable after the release of the United Kingdom (UK) Q3 and September Gross Domestic Product (GDP) data.
The British Pound (GBP) edged up against the Dollar (USD) following the release of UK Gross Domestic Product (GDP) and Industrial Production figures on Thursday, yet with the broader bearish trend practically intact.
TradingKey - Applied Materials (AMAT) will report its fourth-quarter and full-year fiscal 2026 financial results after the market close on November 12, Eastern Time, and host an earnings conference ca
Here is what you need to know on Wednesday, November 11:
The AUD/USD pair drifts lower for the third straight day, also marking the fifth day of a negative move in the previous five, hitting a fresh low since January during the early European session on Thursday.
TradingKey - Japanese and South Korean equities retreated after an intraday surge, with the KOSPI falling 0.61% and slipping below 5,400 points, while the Nikkei barely held the 60,000-point milestone
The US Dollar (USD) outperforms its major currency peers, except the Japanese Yen (JPY), on Thursday, amid fears that the Federal Reserve (Fed) could turn aggressive on its current monetary tightening cycle to contain elevated inflationary pressures.
The USD/CAD pair gains momentum to around 1.4260 during the early European trading hours on Thursday. Falling crude oil prices exert some selling pressure on the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD).
TradingKey - On Friday (Nov. 13) Eastern Time, the U.S. will release the October Producer Price Index (PPI). Following the October CPI once again exceeding expectations, the market will look to the PP
Injective (INJ) extends losses below $7.50 at press time on Thursday, attracting sellers after the previous day’s 6% decline. The derivatives market shows a sell-side bias among traders, as market orders continue to sweep resting bids amid declining Open Interest in INJ futures.
TradingKey - Nvidia's (NVDA) succession question has evolved from a hypothetical discussion into a real governance test.According to reports by media outlets including Reuters and Bloomberg citing peo
TradingKey - Ethereum's staking ratio has surged to an all-time high, yet its price has plunged 15% over the past seven days, putting the key $2,000 psychological threshold at risk.On November 12, Eth
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $84.75 during the early European trading hours on Thursday. WTI falls amid hopes for progress in peace talks over the Middle East and Russia-Ukraine, and growing US inventories.
Bitcoin (BTC) remains under pressure, trading below $73,800 on Thursday after correcting over 1.5% so far this week.
Bank of Japan (BoJ) board member Toichiro Asada said on Thursday that the central bank must be mindful of risk rate hikes that could push down underlying inflation given consumption lacks momentum.
USD/CHF inches lower after two days of gains, trading around 0.8330 during Asian hours on Thursday.
The Japanese Yen (JPY) outperforms its major currency peers on Thursday. Against the US Dollar (USD), the Asia-Pacific currency is marginally higher even as the US Dollar Index (DXY) hits a fresh 18-month high at 103.08 during the day.
The GBP/USD pair drifts lower for the third straight day – also marking the fifth day of a negative move in the previous six – and drops to a fresh four-week low during the Asian session on Thursday.
The Indian Rupee (INR) rises further against the US Dollar (USD) on Thursday, posting a fresh six-month low. The USD/INR pair falls to near 93.65 as the Indian currency outperforms on the back of strong inflows of overseas investment into the Indian stock market.
The EUR/USD pair declines to near 1.1080 during the early European trading hours on Thursday. A cautious stance from the European Central Bank (ECB) weigh on the Euro (EUR) against the US Dollar (USD).
Silver (XAG/USD) edges lower following the previous day's two-way price swings, retesting the weekly trough around the $51.20-$51.15 area, during the Asian session on Thursday.
Gold (XAU/USD) remains under some selling pressure for the third straight day, trading below the $4,000 psychological mark during the Asian session, near its lowest level in more than one week, touched earlier this Thursday.
USD/IDR rises after opening at a bullish gap, trading around 18,260 during Asian hours on Thursday. The currency pair climbed to a fresh record high of 18,272 amid renewed concerns over Indonesia’s emerging-market status.
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
The AUD/JPY cross trades in negative territory around 109.30 during the early European trading hours on Thursday. Traders remain on high alert for currency intervention from Japanese authorities to prop up the Japanese Yen (JPY).