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Swiss Franc Advances as Political Jitters Weigh on the Dollar

November 5, 2026 9:24 am
Key Moments USD/CHF trades around 0.8140 in Asian hours, marking a second straight day of declines. Robust ADP hiring and solid ISM Services data underpin expectations for a Federal Reserve rate hike. Swiss inflation at 1.5% year-on-year in October raises doubts that the SNB can avoid tightening policy through 2027. Dollar Weakens as Political and […] Read more

Euro-Steady vs Pound as Markets Brace for BoE Call

November 5, 2026 9:21 am
Key Moments EUR/GBP is trading near 0.8344-0.8345, confined within the prior day’s range as markets await the BoE decision. Investors widely expect the BoE to raise the Bank Rate by 25 basis points to 4%, but any hint of a pause could pressure the Pound. EUR/GBP price action is converging into a small symmetrical triangle, […] Read more

Krone Traders Focus on Norges Bank & Energy Markets

November 5, 2026 9:08 am
Key Moments Norges Bank brought a planned rate hike forward to September in response to persistent inflation pressures. Headline inflation was 3.4% and core inflation 3.0% year-on-year in September, both above the 2% target. Market pricing reflected expectations for no move today, with uncertainty over a possible additional hike in December. Policy Outlook: High-for-Longer Stance […] Read more

AUD/USD Holds Above 0.7000 as Dovish RBA Offsets USD

November 5, 2026 8:36 am
Key Moments AUD/USD trades above the 0.7000 level for a second session, supported by broad USD weakness tied to lower U.S. yields and political developments. The RBA’s shift to a more cautious stance, and signals that rates may have peaked, limits upside for the Australian Dollar ahead of key U.S. NFP data. Technical signals point […] Read more

EUR/JPY Under Pressure on BoJ Minutes & ECB Stance

November 5, 2026 8:29 am
Key Moments EUR/JPY trades around 177.90 in early European dealings, holding below the 100-day SMA and maintaining a bearish technical tone. BoJ September meeting minutes indicated broad support for additional rate hikes as inflation approaches the 2% target, lending support to the Yen. Key technical levels for EUR/JPY include support at 176.90 and 175.70, with […] Read more

XRP & XLM Extend Upswing as Technicals Signal Relief

November 5, 2026 8:25 am
Key Moments XRP traded above $1.30 on Thursday after closing above the upper boundary of a falling channel pattern. XLM held above $0.168 and moved toward resistance at $0.173 while remaining below key moving averages. Funding rates for both XRP and XLM turned positive on October 30, while positioning metrics showed diverging sentiment. Derivatives Signals […] Read more

Kiwi Climbs as Dollar Slips, But Local Risks Keep Rally in Check

November 5, 2026 7:50 am
Key Moments NZD/USD traded around 0.5650 in Asian dealing, extending its advance for a second straight session amid broad US Dollar weakness. Robust US employment and services data kept market-implied odds of a Federal Reserve rate hike in December near 82%. Reduced expectations for a December RBNZ hike and uncertainty ahead of New Zealand’s general […] Read more

Pound Rises as Markets Await BoE & React to US Shift

November 5, 2026 7:47 am
Key Moments GBP/USD traded near 1.3485 in Thursday’s Asian session as the Dollar softened after U.S. midterm election results. The Bank of England was expected to lift the Bank Rate to 4.0% from 3.75%, the first increase since August 2023. Societe Generale highlighted GBP/USD breaking above its 200-day moving average and reaching a 7-week high, […] Read more

Yen Holds Firm as BoJ Minutes Offset Soft Dollar & Fed

November 5, 2026 7:38 am
Key Moments USD/JPY moved lower for a second consecutive session, pressured by a stronger JPY and ongoing U.S. Dollar selling. BoJ September Minutes reinforced expectations for a potential December rate hike, supporting the Yen. Markets focused on the upcoming U.S. NFP release, with Fed hike expectations still pointing to a possible December move. Yen Gains […] Read more

Canadian Dollar Firms as Post-Election USD Slide Weighs

November 5, 2026 7:36 am
Key Moments USD/CAD trades near 1.3950 in Asian hours on Thursday, extending a two-day decline as the US Dollar comes under pressure. Markets price in nearly an 82% chance of a December Federal Reserve rate hike, supported by stronger-than-expected ADP employment data. Crude oil slips toward one-month lows after a Democratic sweep in US midterm […] Read more