Page 107 - Urrencies News Today

The greenback appears under some selling pressure and gyrates around the 102.80 region when measured by the USD Index (DXY) on Thursday.

In the opinion of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, NZD/USD could still edge higher in the short term.

The EUR/USD pair extends the previous day’s retracement slide from the 1.1015 area, or its highest level since August 10 and drifts lower for the second successive day on Thursday.

EU mid-market update: Session sees EU employment, growth and inflation data; Central bankers still resist rate cut talks; Oil prices higher ahead of OPEC+.

Here is what you need to know on Thursday, November 30: Financial markets remained tentative early Thursday, as Asian stocks traded listlessly, tracking the flattish close on Wall Street overnight.

The US Dollar (USD) is trending upward, and the US Dollar Index (DXY) exchanged hands on Thursday at 103.45.

Mexican Peso (MXN) drops sharply for the second straight day against the US Dollar (USD) in early trading during the North American session on Thursday.

Economists at Wells Fargo expect an explicit Argentine Peso (ARS) devaluation.

The NZD/USD is trading flat in Thursday's US trading session, battling back into 0.6150 after seeing a technical rejection from the 0.6200 handle on Wednesday.

The AUD/USD is trading with minuscule losses despite being back above the 0.6600 figure after bouncing from the 200-day moving average (DMA) at around 0.6579.