Market news

AUD/USD continues to trade heavily in mid-0.7100s, afer probing 0.7100 level earlier in the session

ECB's de Guindos: The new variant is worrying

ECB's Lagarde: Expects inflation to begin to slow from January

USD/JPY under pressure tumbles below 113.50 amid risk aversion

USD/CAD rallies, approaches 1.2800 amid risk-off market sentiment spurred by new COVID-19 variant

EUR/USD rebounds sharply, eyes 1.1300 level, as global dovish central bank repricing hits dollar

EUR/USD set to rally toward the upper 1.13s/low 1.14s in the next few weeks – Scotiabank

EU's Von der Leyen: All air travel to countries with new variant should be suspended

USD/JPY: Close below 114.12/02 to open up the 112.80/73 mark – Credit Suisse

EUR/JPY remains depressed below 129.00 as risk-off dominates

Turkish President Erdogan: There's no turning back from the new economic programme

S&P 500 Index: Close below 4673 to further increase downside pressure – Credit Suisse

ECB's de Guindos: Impact on economy of new variant will be smaller than in the past

EUR/USD Price Analysis: Next on the upside comes 1.1374

BoE's Pill: A resurgence of the pandemic would mean we have to be more cautious

Pfizer: If vaccine-escape variant emerges, expects to develop, produce new vaccine in about 100 days

AUD/USD: A move to 0.6758 is easily achievable on a break below 0.7106 – Credit Suisse

BoE's Pill: Provided jobs market remains strong, rates will need to gradually rise

WTI battered by South Africa Covid-19 variant fears, drops to $74.00/barrel area

US Dollar Index Price Analysis: Leg lower could extend to 95.50

US NIAIH's Fauci: No indications new Covid-19 variant yet in US, will decide on travel bans soon

Mexico Trade Balance s/a, $: $-2.088B (October) vs previous $-1.697B

Mexico Trade Balance, $ below expectations ($-2.4B) in October: Actual ($-2.701B)

EUR/JPY Price Analysis: The 128.00 area holds the downside, for now

India FX Reserves, USD: $640.4B (November 19) vs $640.11B

USD/CNH: Upside pressure mitigated below 6.3750 – UOB

Three key things to watch out for in FX markets in 2022 – ING

Brent Oil nosedives toward critical support at the $73.00 200-DMA – SocGen

GBP/USD to see a short-term rebound from the 1.3250 support – SocGen

Germany's Spahn on COVID situation: Complete contact reductions could come into effect

USD/JPY: Bets for further upside have been trimmed – UOB

USD/TRY reverses the recent weakness, back above 12.0000

EUR/SEK: Riksbank's steps toward tightening unable to underpin the krona – ING

European Monetary Union M3 Money Supply (3m) rose from previous 7.6% to 7.7% in October

European Monetary Union Private Loans (YoY) came in at 4.1% below forecasts (4.2%) in October

Austria Purchasing Manager Index down to 58.1 in November from previous 60.6

European Monetary Union M3 Money Supply (YoY) registered at 7.7% above expectations (7.4%) in October

Italy Business Confidence above expectations (114) in November: Actual (116)

Italy Consumer Confidence above expectations (117) in November: Actual (117.5)

EUR/USD set to hold above 1.1200 into the weekend – ING

Sweden Retail Sales (YoY) increased to 5.2% in October from previous 4.8%

Sweden Retail Sales (MoM) climbed from previous -0.3% to 0.4% in October

EUR/GBP: Scope to revisit the 0.8659/73 highs since May on a move above 0.8596 – Commerzbank

Sweden Consumer Confidence (MoM) below forecasts (105.7) in November: Actual (99.7)

Switzerland Gross Domestic Product (YoY) above expectations (3.2%) in 3Q: Actual (4.1%)

Switzerland Gross Domestic Product s.a. (QoQ) registered at 1.7%, below expectations (2%) in 3Q

USD/JPY to retain a positive momentum while 112.73 holds – Commerzbank

AUD/USD to reach a low of 0.70 by June-2022 – Westpac

France Consumer Confidence above expectations (98) in November: Actual (99)

EUR/USD to see a minor bounce from the 1.1240/1.1180 support zone – Commerzbank

AUD/USD: Further downside looks likely – UOB

US 10-year Treasury yield to gradually rise to 2.25% by end-2022 – SocGen

Forex Today: Risk aversion dominates markets ahead of the weekend

Switzerland Employment Level (QoQ) registered at 5.213M above expectations (5.129M) in 3Q

Switzerland Employment Level (QoQ) above forecasts (5.129M) in 3Q: Actual (5213M)

USD/CHF to see a correction lower towards the 0.9250 mark – Commerzbank

EUR/USD challenges 2-day highs near 1.1230, looks to ECB

AUD/USD Price Analysis: Pierces yearly support line to aim for 0.7105

Gold Price Forecast: XAU/USD to grind higher towards $1,850

Norway Retail Sales increased to 1% in October from previous 0.5%

Germany Import Price Index (MoM) came in at 3.8%, above forecasts (2.1%) in October

Germany Import Price Index (YoY) came in at 21.7%, above expectations (19.6%) in October

Gold Price Forecast: XAU/USD battles key hurdle to $1,817 – Confluence Detector

GBP/USD risks a breakdown of 1.3300 – UOB

US Dollar Index gives away some gains, drops to 96.70

Asian Stock Market: Bears on roll as covid variant sours sentiment, yields drop too

USD/JPY flirts with daily low, around 114.70-65 region

EUR/USD: Scope for further decline - UOB

USD/INR Price News: Indian rupee bears pierce key trend line, 200-SMA above 74.50

EUR/USD defends 1.1200 as yields drop on coronavirus woes, ECB’s Lagarde eyed

Turkish Deputy Finance Minister Nebati: Manipulative attacks will not have significant impact on lira

Singapore Industrial Production (MoM) came in at 2.4%, above forecasts (0%) in October

Singapore Industrial Production (YoY) above expectations (14.7%) in October: Actual (16.9%)

GBP/JPY: Bears dominate in full swing below 153.00 on Brexit, covid chatters

NZD/USD Price Analysis: Drops further towards yearly low near 0.6800

Moody's affirms Japan's A1 rating, maintains stable outlook

Breaking: GBP/USD refreshes yearly low around 1.3300 on coronavirus, Brexit woes

USD/CHF roils five-day uptrend to drop towards 0.9300 on covid fears, Swiss GDP eyed

Coronavirus update: WHO calls special meeting to discuss variant

WTI Price Analysis: Pullback from 100-EMA eyes weekly support line at $76.00

USD/CAD snaps three-day fall to poke 1.2700 on sour sentiment, weak oil prices

Commodities. Daily history for Thursday, November 25, 2021

Japan’s Matsuno: If any new coronavirus variants identified, we will reconsider border controls

Breaking: AUD/USD breaks Sep critical daily lows, 0.7106 eyed

US Dollar Index Price Analysis: DXY sellers need validation from 96.65

AUD/NZD Price Analysis: Bulls could be denied as AUD/USD breaks daily lows

Schedule for today, Friday, November 26, 2021

Yields drop the most in a week, S&P 500 Futures down too amid risk-off mood

USD/CNY fix: 6.3936 vs the previous fix of 6.3980

AUD/JPY Price Analysis: Teases key Fibonacci support on upbeat Australia Retail Sales

AUD/USD pauses at three-month low under 0.7200 on strong Aussie Retail Sales

Aussie Retail Sales big beat fends off the bears in AUD/USD

Australia Retail Sales s.a. (MoM) above forecasts (2.5%) in October: Actual (4.9%)

Gold Price Analysis: Bulls line up for a correction in the greenback

USD/JPY bears smash 115.00 as yields extend pullback

Currencies. Daily history for Thursday, November 25, 2021

EUR/USD Price Analysis: Seesaws near 16-month low on the way to 1.1000

Japan Foreign Investment in Japan Stocks declined to ¥-47.1B in November 19 from previous ¥164.9B

Japan Foreign Bond Investment down to ¥-12.8B in November 19 from previous ¥456.3B

Japan Tokyo CPI ex Fresh Food (YoY) below forecasts (0.4%) in November: Actual (0.3%)

Japan Tokyo CPI ex Food, Energy (YoY) in line with forecasts (-0.3%) in November

Japan Tokyo Consumer Price Index (YoY) increased to 0.5% in November from previous 0.1%

When is Australia Retail Sales and how could it affect AUD/USD?

GBP/USD Price Analysis: Steady around yearly low inside weekly descending channel

EUR/JPY steady around 129.10s amid mixed market sentiment

NZD/USD bounces off three-month low but keeps eyes on yearly bottom of 0.6805

RBNZ's Hawkesby: We need to continue removing stimulus

New Zealand ANZ – Roy Morgan Consumer Confidence fell from previous 98 to 97 in November

AUD/USD bears head towards Oct daily lows

AUD/JPY Price Analysis: The break of a bullish flag opens the door for a retest of YTD high around 86.25

Schedule for tomorrow, Friday, November 26, 2021

Forex Today: Dollar retains its strength in dull trading

GBP/JPY rangebound within 153.50-154.00ish parameters, though pennant breakout on the cards

USD/JPY has staying power in the 115 area

EUR/GBP trims some weekly loses, hovers around 0.8410

EUR/USD bears testing the commitments at 1.12 the figure

NZD/USD struggles at 0.6900, down for the fifth consecutive day amid thin liquidity conditions

BoE's Bailey: Supply problems causing inflation should be temporary

USD/TRY consolidates in 12.00 area, no sign of hawkish CBRT policy shift to address inflation/lira weakness just yet

GBP/USD hovers above annual lows close to 1.3300 ahead of French fishermen blockades on Friday

USD/CHF Price Analysis: Retreats from Wednesday’s daily tops around 0.9370 down to 0.9350s

Gold Price Forecast: XAU/EUR retreats under €1,600, approaches Pitchfork’s middle-trendline

November employment report: Looking for an increase of 600K in NFP – Wells Fargo

USD/CAD slips back under 1.2650, respects short-term negative trendline in quiet trading conditions