Current news is English only but we will be adding multilingual news - check back soon.
AUD/USD Price Forecast: Aussie eyes YTD high after channel breakout
AUD/USD Price Forecast: Aussie eyes YTD high after channel breakout
The Australian Dollar (AUD) extends its advance against the US Dollar (USD) on Friday, with AUD/USD climbing to its highest level since September 18 as traders are almost certain the Reserve Bank of Australia (RBA) will leave interest rates unchanged on December 9.
AUDUSD
RBA
Technical Analysis
SupportResistance
ChartPatterns
USDCHF Technicals: USDCHF has broken back above the 200 hour MA for the 1st time this week
USDCHF Technicals: USDCHF has broken back above the 200 hour MA for the 1st time this week
Staying above the 200 hour MA in the USDCHF tilts the bias to the upside heading into the week end.
EURUSD Technicals: EURUSD falls below the 100 day MA, 100 hour MA and 38.2% retracement
EURUSD Technicals: EURUSD falls below the 100 day MA, 100 hour MA and 38.2% retracement
The three key resistance levels for the EURUSD come in from 1.16398 up to 1.1644. Staying below is more bearish.
EUR/USD: USD slide may spur 2026 diversification – Rabobank
EUR/USD: USD slide may spur 2026 diversification – Rabobank
The US Dollar’s (USD) sharp H1 2025 drop could push investors toward broader portfolios, though geopolitics and Fed risks may keep the currency unsettled.
EURUSD
Banks
Technical Analysis
DollarIndex
USDCAD Technicals: USDCAD continues its run lower and away from the 100 and 200 day MAs.
USDCAD Technicals: USDCAD continues its run lower and away from the 100 and 200 day MAs.
The USDCAD fell below the 100 and 200 day MA and has seen increased downside momentum. That level is now close risk for traders between 1.3889 and 1.39004.
GBP/USD rises as Fed rate cut odds boost Sterling
GBP/USD rises as Fed rate cut odds boost Sterling
GBP/USD resumes its uptrend on Friday, trimming some of Thursday’s losses as the US Dollar (USD) recovers some ground. Inflation data in the US kept steady the chances of a Federal Reserve (Fed) cut at the December meeting, weighing on the Greenback.
Fundamental Analysis
Technical Analysis
Majors
GBPUSD
Currencies
USDINR Technicals: USDINR sellers took their shot, but missed. Buyers are back in control.
USDINR Technicals: USDINR sellers took their shot, but missed. Buyers are back in control.
The corrective sellers in the USDINR moved below some short term technical targets yesterday and today, but fell short of the 38.2% of the move up from the November 11 swing low. What next?
EUR/GBP Price Forecast: Sellers dominate as momentum turns decisively bearish
EUR/GBP Price Forecast: Sellers dominate as momentum turns decisively bearish
EUR/GBP remains under pressure on Friday as the Euro (EUR) continues to soften against a broadly supported British Pound (GBP). Sterling has held firm since the UK Autumn Budget, even as markets maintain strong expectations for a Bank of England (BoE) interest rate cut at the December 18 meeting.
EURGBP
Technical Analysis
SupportResistance
Eurozone
UnitedKingdom
Momentum
AUDUSD Technicals: The AUDUSD buying continues.The price is breaking above swing area high
AUDUSD Technicals: The AUDUSD buying continues.The price is breaking above swing area high
The swing area high comes in at 0.6635 in the AUDUSD. That swing area comes between 0.6625 to 0.6635. Staying above keeps the buyers in full control.
EUR holds steady near mid-range – Scotiabank
EUR holds steady near mid-range – Scotiabank
The Euro (USD) trades flat near the midpoint of its intraday range, supported by stronger-than-expected German and French industrial data.
EURUSD
Banks
Technical Analysis
USDCAD Technicals: The USDCAD moves lower with the price testing the 100/200 day MAs
USDCAD Technicals: The USDCAD moves lower with the price testing the 100/200 day MAs
The 100 day MA is at 1.3901. The 200 day MA is at 1.3888. The price is testing those MAs after the stronger Canada jobs report. Key area.
CAD employment report will be released at the bottom of the hour. What levels are in play?
CAD employment report will be released at the bottom of the hour. What levels are in play?
The price is at a neutral swing area and retracement midpoint ahead of the key data at 8:30 AM ET.
The USD is mixed to start the NA session.  What are the technicals telling traders?
The USD is mixed to start the NA session. What are the technicals telling traders?
The price action for the USD has been down and then back up today as traders play the levels.
How have interest rate expectations changed after this week's events?
How have interest rate expectations changed after this week's events?
The most notable change was seen on the BoJ front as expectations for a rate hike firmed following Governor Ueda's comments and several "leaks"
market overview
FX option expiries for the week ahead (8 to 12 December)
FX option expiries for the week ahead (8 to 12 December)
A quick glance of what is on the expiries board to come next week
Gold slips from earlier highs as Dollar firms after steady US PCE data
Gold slips from earlier highs as Dollar firms after steady US PCE data
Gold (XAU/USD) erases earlier gains on Friday as a firmer US Dollar (USD) tempers bullish momentum, with the metal oscillating within the familiar range that has defined price action this week.
Gold
XAUUSD
Technical Analysis
SEO
Fed
BoJ poised for December rate hike – Commerzbank
BoJ poised for December rate hike – Commerzbank
The Bank of Japan (BoJ) is set to raise interest rates to 0.75% this month, sending USD/JPY lower as the Japanese Yen (JPY) strengthens.
Banks
BOJ
USDJPY
Japan
Technical Analysis
USD/JPY hits fresh lows as Yen strengthens – MUFG
USD/JPY hits fresh lows as Yen strengthens – MUFG
USD/JPY fell to 154.35 as the Japanese Yen (JPY) strengthens amid growing expectations for a Bank of Japan (BoJ) rate hike this month.
USDJPY
Banks
BOJ
Technical Analysis
US Dollar Index (DXY) Price Forecast: Hovering at the key 99.00 level
US Dollar Index (DXY) Price Forecast: Hovering at the key 99.00 level
The US Dollar remains practically flat at the key 99.00 level on Friday after having picked up from fresh one-month lows at 98.80 on Thursday.
DollarIndex
Inflation
Technical Analysis
SupportResistance
Fed
Nifty 50 Technical Analysis: RBI rate cut boosts the market, FOMC decision next
Nifty 50 Technical Analysis: RBI rate cut boosts the market, FOMC decision next
The Nifty 50 bounced from a key support zone and extended the gains following the RBI's rate cut. What's next?
DXY: FX markets quiet as USD volatility hits yearly lows – ING
DXY: FX markets quiet as USD volatility hits yearly lows – ING
US Dollar (USD) weakness is expected to continue into year-end, supported by seasonal flows and stable Treasury markets. Commodity currencies are performing well, while EUR/USD and USD/JPY target 1.18 and 152, respectively, amid subdued FX volatility, ING's FX analyst Chris Turner notes.
Banks
DollarIndex
Technical Analysis
Michigan Sentiment Index expected to improve in December, but remains historically weak
Michigan Sentiment Index expected to improve in December, but remains historically weak
The United States (US) will see the release of the preliminary estimate of December’s University of Michigan's (UoM) Consumer Sentiment Index on Friday.
ConsumerConfidence
EconomicIndicator
DollarIndex
Technical Analysis
SEO
EUR: Euro climbs toward 1.1700 amid broad USD weakness – MUFG
EUR: Euro climbs toward 1.1700 amid broad USD weakness – MUFG
The Euro (EUR) is on track for a second weekly gain versus the US Dollar (USD), supported by expectations of a narrowing policy gap between the Fed and ECB.
EURUSD
Banks
Technical Analysis
JPY gains as BoJ hikes support currency – ING
JPY gains as BoJ hikes support currency – ING
The Japanese Yen (JPY) is finding support from expected BoJ rate hikes, with markets pricing a 25bp move for December 19. USD/JPY is projected to reach 152 by year-end, with a modest 148 forecast for 2026 as Japan balances reflation and currency strength, ING's FX analyst Chris Turner notes.
USDJPY
Banks
Technical Analysis
BOJ
Japan
USD/JPY decouples from yield spreads – MUFG
USD/JPY decouples from yield spreads – MUFG
USD/JPY has broken its historical link to US–Japan yield spreads, with correlations turning negative as Japan-specific risks dominate.
USDJPY
Banks
BOJ
Technical Analysis
Japan
GBP rally seen as short squeeze, not repricing of UK risk – ING
GBP rally seen as short squeeze, not repricing of UK risk – ING
The Pound Sterling (GBP) remains firm, though analysts view the move as a short squeeze rather than a fundamental reassessment of UK risk. While GBP/USD may rise into year-end, BoE easing should keep EUR/GBP supported around 0.88, ING's FX analyst Chris Turner notes.
Banks
GBPUSD
Technical Analysis
USD/INR extends uptrend toward 90.80–91.00 – Société Générale
USD/INR extends uptrend toward 90.80–91.00 – Société Générale
USD/INR remains in a firm uptrend after July’s breakout, with scope to test the upper channel at 90.80–91.00, Société Générale's FX analysts note.
USDINR
Banks
Technical Analysis
UpTrend
Euro hedging costs collapse, supporting EUR/USD – ING
Euro hedging costs collapse, supporting EUR/USD – ING
Eurozone hedging costs on U.S. assets are falling sharply, reinforcing tailwinds for EUR/USD as the Fed easing cycle approaches. Near term, the pair should stay supported around 1.1630/40 with scope to test 1.1700–1.1730, ING's FX analyst Chris Turner notes.
EURUSD
Banks
Technical Analysis
USD/CAD tests key 200-DMA support zone – Société Générale
USD/CAD tests key 200-DMA support zone – Société Générale
USD/CAD is pressing into major support at the 200-day average and the base of its multi-month channel near 1.3920/1.3880, Société Générale's FX analysts note.
USDCAD
Banks
Technical Analysis
EUR/USD gives away previous gains with all eyes on US inflation data
EUR/USD gives away previous gains with all eyes on US inflation data
EUR/USD has given away previous gains during Friday's European session and is practically flat in the daily chart, trading at 1.1647 at the time of writing.
EURUSD
Majors
Currencies
Technical Analysis
SEO
European equities open marginally higher to start the final day of the week
European equities open marginally higher to start the final day of the week
Major indices in Europe look to hold gains to round off the first week of December
Eurostoxx futures +0.1% in early European trading
Eurostoxx futures +0.1% in early European trading
A steadier mood as we look to get into the final day of the week
Recap - RBI cuts repo rate to 5.25% and leaves door open to further easing
Recap - RBI cuts repo rate to 5.25% and leaves door open to further easing
The rate cut reinforces a dovish RBI stance, likely pressuring short-end yields and keeping INR biased weaker unless supported by flows. The possibility of another 25bp reduction anchors expectations for a near-term easing peak around 5%, with liquidity measures providing additional support for credit conditions.
Indian Stock Market
Reserve Bank of India rate cut by 25bp
Reserve Bank of India rate cut by 25bp
The cut was expected, but not unanimously due to recent better data.
Indian Stock Market
BOJ likely to hike in December, Bloomberg says; yen jumps on report
BOJ likely to hike in December, Bloomberg says; yen jumps on report
The report boosts market conviction that the BOJ will resume tightening at the December meeting. Yen strength and softer JGB futures reflect expectations that the BOJ may pivot more decisively toward normalisation, though policymakers will watch data closely before confirming the move.
PBOC reins in yuan strength, signalling comfort with current level before key policy event
PBOC reins in yuan strength, signalling comfort with current level before key policy event
The PBOC’s shift toward a neutral fixing bias implies limited yuan upside in the near term, with authorities seeking to balance investor confidence against export competitiveness. A stable yuan into year-end reduces FX volatility risk but may cap appreciation trades unless macro conditions shift meaningfully.
Broker Rebates