Gold (XAU/USD) is posting minor losses for the third consecutive day on Thursday, weighed by lower demand for safe havens amid a moderate risk appetite. The precious metal, however, remains supported above the mid-range of the $4,100s with the $4,264 high at a short distance.
USD/CNH bounced from a one-year-plus low as the PBOC set a higher-than-expected fixing, signaling managed support for yuan appreciation. A stronger Yuan could help China pivot towards consumer-led growth, while the USD/CNH downtrend remains intact, BBH FX analysts report.
USD/JPY dipped below 155.00 as strong demand for Japan’s 30-year government bonds pushed yields lower, highlighting investor appetite ahead of the Bank of Japan’s (BoJ) December rate decision, BBH FX analysts report.
GBP/USD remains supported after yesterday’s rally, trading above its 200-day moving average, even as the DMP survey signals moderate wage growth, BBH FX analysts report.
US Dollar (USD) remains mixed as bets on Fed rate cuts rise amid disappointing ADP payrolls and signs of easing inflation pressures. US labor market shows strain with negative job trends, even as services activity holds up, keeping focus on upcoming job cuts and claims data, BBH FX analysts report.
The crypto exchange XBO.com has expanded with the addition of tokenized stocks, giving users round-the-clock access to some of the most widely traded equities in global markets.
The Eurozone Retail Sales, which is a key measure of consumer spending, remains flat month-on-month (MoM) in October, while it was expected to grow by 0.1%, reported by Eurostat on Thursday. In September, the consumer spending measure rose by 0.1%, revised from a negative 0.1%.
Eugene Investment & Futures has rolled out US-listed equity and index options trading to South Korean retail clients, making complex options strategies available through the country's most-used...
The Euro is picking up from five-week lows near 0.8735 on Thursday, as the Pound loses steam, following Wednesday’s rally. The pair, however, maintains its bearish trend intact, with technical indicators pointing lower and investors upbeat about the details of the UK budget.
USD/BRL remains range-bound after hitting an interim low near 5.27, with momentum indicators showing potential for a pause in the downtrend, Société Générale's FX analysts note.
EUR/USD has broken above the upper boundary of a descending channel, extending its upward momentum while holding support at 1.1550, Société Générale's FX analysts note.
The US Dollar (USD) fell below 99, benefiting the pound, NOK, AUD, and NZD, amid signs of weak labor demand and easing service-sector inflation pressures.
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $57.11 per troy ounce, down 2.36% from the $58.49 it cost on Wednesday.
The Pound Sterling (GBP) shrugged off Autumn Budget worries, supported by orderly gilt markets and cautious OBR growth forecasts. Softening US Dollar (USD) and Fed-cut expectations continue to drive GBP gains, DBS' Senior FX Strategist Philip Wee notes.
The New Zealand Dollar bears have been contained above the mid-range of the 0.5700s on Thursday, and the pair bounced up in the early European session, returning to levels five-month highs, near 0.5780.
UP Fintech Holding Limited, the company behind Tiger Brokers retail trading brand, reported its strongest quarter ever, with revenue and profit both reaching all-time highs as retail investors acro...
The Pound Sterling (GBP) clings to gains near its over-a-month high around 1.3350 against the US Dollar (USD) during the European trading session on Thursday.
EUR/USD keeps trading back and forth on Wednesday, and holds marginal gains on the daily chart at 1.1670, after hitting the highest levels in more than six weeks, at 1.1682.
European Central Bank (ECB) executive board member Piero Cipollone said in an interview with Nikkei during the European trading session on Thursday that monetary policy adjustments would be required if economic conditions don’t act in line with expectations.
2025 became a year when the brokerage industry stopped talking in abstractions and started speaking plainly — not on panels, but in private meetings, technical workshops, and late-evening conversat...
USD/JPY remained largely unchanged as markets await further guidance from the BoJ, with a December hike already largely priced in. Pair was last seen at 155.06 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
The US Dollar (USD) fell as risk sentiment stabilized and soft ADP data reinforced expectations of a Fed rate cut next week. Despite potential short-term stabilization, the dollar faces continued downside pressure from overvaluation and seasonal trends, ING's FX analyst Francesco Pesole notes.
Eightcap has expanded its partnership with payment platform Orbital to handle stablecoin transactions across more than 120 countries, making digital currencies a core part of how the broker process...
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