United States NFIB Business Optimism Index above expectations (98.4) in November: Actual (99)
United States NFIB Business Optimism Index above expectations (98.4) in November: Actual (99)
AUD: RBA holds rates at 3.60%, signals hawkish pause – BBH
The Reserve Bank of Australia (RBA) kept its cash rate steady at 3.60%, emphasizing an end to easing and hinting at the potential for a future hike, while AUD/USD rebounded toward 0.6650 with resistance near 0.6700 awaiting direction from tomorrow’s Fed decision, BBH FX analysts report.
Gold Price Forecast: XAU/USD bulls remain capped below the $4,220 area
Gold (XAU/USD) keeps trading in a choppy and volatile manner, moving roughly within a $40 range, both sides of the $4,200 line on Tuesday.
USD/CNH: Likely to trade between 7.0620 and 7.07405 – UOB Group
US Dollar (USD) is likely to trade between 7.0620 and 7.0740. In the longer run, outlook for USD remains negative; the next level to watch is 7.0400, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
USD/JPY edges higher on UST yields and Japan quake – OCBC
USD/JPY drifted higher amid rising U.S. yields and earthquake news in northeast Japan, with markets pricing in a 90% chance of a BoJ 25bp hike next Friday, while near-term trends remain USD-supportive. Pair was last seen at 156.16 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note.
USD/JPY: Below 154.65, a sustained decline is possible – UOB Group
US Dollar (USD) could edge higher, but momentum does not appear to be strong enough to break clearly above 156.20. In the longer run, for a sustained decline, USD must first close below 154.65.
NZD/USD: Levels to watch are 0.5800 and 0.5835 – UOB Group
The price action continues to suggest a higher New Zealand Dollar (NZD); the levels to watch are 0.5800 and 0.5835, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Greece Consumer Price Index – Harmonized (YoY) rose from previous 1.6% to 2.8% in November
Greece Consumer Price Index – Harmonized (YoY) rose from previous 1.6% to 2.8% in November
Greece Consumer Price Index (YoY): 2.4% (November) vs 2%
Greece Consumer Price Index (YoY): 2.4% (November) vs 2%
USD: Fed terminal rate re-priced higher – ING
The comments from the ECB’s Isabel Schnabel yesterday rippled through interest rate markets around the world. Traders were naturally reassessing that if the next move in ECB rates is up, why is the market pricing in a further 90bp of Fed easing?
Spain 9-Month Letras Auction rose from previous 1.965% to 1.999%
Spain 9-Month Letras Auction rose from previous 1.965% to 1.999%
China’s Li holds meeting with IMF and World Bank chiefs – Xinhua
Chinese Premier Li Qiang said in a meeting with the International Monetary Fund (IMF) and the World Bank that Beijing will meet its annual economic target.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $58.82 per troy ounce, up 1.18% from the $58.13 it cost on Monday.
USD/JPY retreats from 156.40 as BoJ’s Ueda reiterates interest rate hike plans
The USD/JPY pair gives up some of its intraday gains after posting an intraday high around 156.40 during the European trading session on Tuesday. Still, the pair is 0.12% higher at around 156.10.
AUD/USD: The 0.6685 level might me beyond reach – UOB Group
Australian Dollar (AUD) appears to have entered a consolidation phase between 0.6605 and 0.6645. In the longer run, further AUD strength is not ruled out; it remains to be seen if 0.6685 is within reach, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
EUR/CHF rebounds sharply from 2024 lows – Société Générale
EUR/CHF has bounced strongly off the 0.9210 floor, reclaiming the 200-DMA and pushing into a major trendline near 0.9400, with a key resistance band at 0.9445–0.9500 now coming into focus, Société Générale’s FX analysts note.
BoJ’s Ueda: Approaching policy normalization path gradually
Bank of Japan (BoJ) Governor Kazuo Ueda said at a London event during the European trading session on Tuesday that the central bank is tightening monetary conditions gradually as underlying inflationary pressures are accelerating in wake of fiscal stimulus.
RBA holds rates but warns of capacity strains – Standard Chartered
The Reserve Bank of Australia (RBA) kept the cash rate unchanged at 3.60% in a unanimous decision. Governor Bullock ruled out rate cuts in the interim, with a hold and a hike being considered. Our baseline remains for no change to the cash rate in either direction in 2026.
Pound Sterling flattens against USD ahead of US Job Openings data, Fed policy
The Pound Sterling (GBP) continues to trade in a tight range above 1.3300 against the US Dollar (USD) during the European session on Tuesday. The GBP/USD pair trades sideways as investors await the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
EUR/USD hesitates ahead of US ADP employment and JOLTS jobs data
EUR/USD has turned negative on the daily chart after failing to return above 1.1650 and is trading at 1.1635 at the time of writing.