Dollar Down as Hopes Grow for Rekindled U.S. Stimulus Talks

December 02, 2020 at 03:38AM

Dollar Down as Hopes Grow for Rekindled U.S. Stimulus Talks

Continue Reading…
Author: Investing.com | Post link: https://www.investing.com/news/forex-news/dollar-down-as-hopes-grow-for-rekindled-us-stimulus-talks-2359906
Selected by fonecable.com

About Post Author

fonecable

fonecable@outlook.com

https://news.fonecable.com

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

EUR/USD holds below 1.1700 despite Fed rate cut, US Jobless Claims data eyed 11 December 2025

The EUR/USD pair posts modest losses near 1.1690 during the early European trading hours on Thursday. However, the US Federal Reserve's (Fed) dovish rate cut on Wednesday could weigh on the US Dollar (USD) against the Euro (EUR).

Silver Price Forecast: XAG/USD corrects from all-time highs to near $62, outlook remains firm 11 December 2025

Silver Price (XAG/USD) retraces to near $62.00 during the Asian trading session on Thursday after posting a fresh all-time high at $62.87 earlier in the day.

Japanese Yen extends gains vs bearish USD amid hawkish BoJ stance, dovish Fed outlook 11 December 2025

The Japanese Yen (JPY) builds on the previous day's strong move up against a broadly weaker US Dollar (USD) and gains some follow-through positive traction for the second straight day on Thursday.

US Dollar Index softens to near 98.50 post-Fed rate cut, Jobless Claims data in focus 11 December 2025

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 98.55 during the Asian trading hours on Thursday.

Japan’s Kihara says closely watching impact of US financial conditions after Fed rate cut 11 December 2025

Japanese Chief Cabinet Secretary Minoru Kihara said on Thursday that the government will closely monitor the impact on the Japanese economy of United States (US) financial conditions following Federal Reserve (Fed) rate cut.

USD/CAD hangs near its lowest level since October 22, seems vulnerable below 1.3800 11 December 2025

The USD/CAD pair enters a bearish consolidation phase during the Asian session on Thursday and oscillates in a narrow band, just below the 1.3800 mark, or its lowest level since October 22.

WTI loses ground below $59.00 amid Ukraine peace deal talks 11 December 2025

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.70 during the Asian trading hours on Thursday. The WTI price drifts lower on diplomatic steps toward ending the Russia-Ukraine war.

PBOC sets USD/CNY reference rate at 7.0686 vs. 7.0753 previous 11 December 2025

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 7.0686 compared to the previous day's fix of 7.0753.

AUD/USD remains depressed after mixed Aussie jobs data; holds above mid-0.6600s 11 December 2025

The AUD/USD pair drifts lower during the Asian session on Thursday and erodes a part of the previous day's strong gains to its highest level since September 17.

Breaking: Australia’s Unemployment Rate steadies at 4.3% in November vs. 4.4% expected 11 December 2025

Australia’s Unemployment Rate steadied at 4.3% in November, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. The figure came in below the market consensus of 4.4%.

Australia Part-Time Employment up to 35.2K in November from previous -13.1K 11 December 2025

Australia Part-Time Employment up to 35.2K in November from previous -13.1K

NZD/USD trades above 0.5800, over two-month top amid dovish Fed-inspired USD weakness 11 December 2025

The NZD/USD pair holds steady above the 0.5800 mark, close to an over two-month high touched the previous day, during the Asian session. Moreover, the fundamental backdrop favors bullish traders and suggests that the path of least resistance for spot prices remains to the upside.

Australia Participation Rate below expectations (67%) in November: Actual (66.7%) 11 December 2025

Australia Participation Rate below expectations (67%) in November: Actual (66.7%)

Australia Employment Change s.a. below forecasts (20K) in November: Actual (-21.3K) 11 December 2025

Australia Employment Change s.a. below forecasts (20K) in November: Actual (-21.3K)

Australia Unemployment Rate s.a. registered at 4.3%, below expectations (4.4%) in November 11 December 2025

Australia Unemployment Rate s.a. registered at 4.3%, below expectations (4.4%) in November

Australia Full-Time Employment down to -56.5K in November from previous 55.3K 11 December 2025

Australia Full-Time Employment down to -56.5K in November from previous 55.3K

Gold Price Forecast: XAU/USD drifts higher above $4,200 as Fed delivers expected cut 11 December 2025

Gold price (XAU/USD) gains momentum to around $4,235 during the early Asian session on Thursday. The precious metal extends its upside after the US Federal Reserve (Fed) delivered an expected third consecutive interest rate cut and maintained its outlook for just one cut in 2026.

United Kingdom RICS Housing Price Balance above forecasts (-21%) in November: Actual (-16%) 11 December 2025

United Kingdom RICS Housing Price Balance above forecasts (-21%) in November: Actual (-16%)

The Fed vs. AI 10 December 2025

The Fed spread good cheer for stock markets on Wednesday and cut interest rates by 25bps. It didn’t stop there; it has also restarted the printing presses and has said that it will buy $40bn of Treasury Bills in the next 30 days for the purpose of maintaining ample reserves over time.

Japan BSI Large Manufacturing Conditions Index (QoQ) came in at 4.7, above forecasts (4.1) in 4Q 10 December 2025

Japan BSI Large Manufacturing Conditions Index (QoQ) came in at 4.7, above forecasts (4.1) in 4Q

Breaking News

December 02, 2020 at 03:38AM

Dollar Down as Hopes Grow for Rekindled U.S. Stimulus Talks

Recent Posts

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

ADVERTISEMENT

Average Rating

Leave a Reply

Related Post

Featured widget