China FDI – Foreign Direct Investment (YTD) (YoY) fell from previous -9.4% to -10% in November
Blogs
USD/CAD Price Analysis: Moves below 1.3350 followed by the weekly low
USD/CAD retraces its recent gains, trading below the major resistance at the 1.3350 level.
Hong Kong SAR Consumer Price Index below forecasts (2.7%) in November: Actual (2.6%)
Hong Kong SAR Consumer Price Index below forecasts (2.7%) in November: Actual (2.6%)
AUD/USD seen at 0.70 by the end of next year – BNP Paribas
Economists at BNP Paribas expect a bullish year for AUD/USD and NZD/USD in 2024.
Silver Price Analysis: XAG/USD holds above $24.00, seems poised to appreciate further
Silver (XAG/USD) attracts some buyers for the third straight day on Thursday and stalls the previous day's late pullback from the vicinity of mid-$24.00s or over a two-week high.
FX option expiries for December 21 NY cut
FX option expiries for December 21 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
Sweden Consumer Confidence (MoM) climbed from previous 72.8 to 74.5 in December
Sweden Consumer Confidence (MoM) climbed from previous 72.8 to 74.5 in December
EUR/USD to rise in the year to come – Nordea
Economists at Nordea expect risk-sensitive FX to benefit in 2024 with the EUR/USD pair also gaining ground.
Japanese Yen trims a part of its intraday gains against USD, eyes US GDP for fresh impetus
The Japanese Yen (JPY) ticks higher against its American counterpart for the second straight day on Thursday, with the USD/JPY pair moving back closer to the 143.00 round figure during the Asian session.
ECB's de Guindos: Too early for monetary policy to start to ease
In an interview with Spanish newspaper 20 Minutos on Thursday, European Central Bank (ECB) Vice-President Luis de Guindos said that it was too early for the monetary policy to start to ease, per Reuters.