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The British Pound (GBP) treads water against the Japanese Yen (JPY) on Friday as the latest Tokyo inflation data keeps the Bank of Japan (BoJ) firmly on a tightening path.

GBP/USD dips during the North American session on Friday, despite heading into the end of the week with gains of almost 1%, after the financial markets digest the Autumn Budget. The pair trades at 1.3221 after retreating from a daily high of 1.3244. Read More…

The AUDUSD is breaking to a new high on the day with the price moving away from the 100 day MA at 0.65316 an above the ceiling for the week from yesterday’s high and the earlier high for the day near 0.6540. That has given the buyers the go-ahead to push higher iwth 0.6551 and then another swing area at 0.6561 to 0.6564 as the next target above that level.

The close traders risk is now the 0.6540 area and then the 100 day MA. Moving back below those levels would disappoint the buyers on the break(s) higher today.

Meanwhile, the USDCAD is slicing through the swing area where I expected some short-term buying between 1.3968 and 1.3975. The low price as extended to 1.3939. The price is testing the 50% midpoint of the move up from the September swing low. That level comes in at 1.39367.

This article was written by Greg Michalowski at investinglive.com.

GBP/USD dips during the North American session on Friday, despite heading into the end of the week with gains of almost 1%, after the financial markets digest the Autumn Budget. The pair trades at 1.3221 after retreating from a daily high of 1.3244.

GBP/USD dips during the North American session on Friday, despite heading into the end of the week with gains of almost 1%, after the financial markets digest the Autumn Budget. The pair trades at 1.3221 after retreating from a daily high of 1.3244.

EUR/CAD trades around 1.6180 on Friday at the time of writing, down 0.50% as macroeconomic developments strengthen the Canadian Dollar (CAD) while leaving the Euro (EUR) lacking momentum.

EUR/CAD trades around 1.6180 on Friday at the time of writing, down 0.50% as macroeconomic developments strengthen the Canadian Dollar (CAD) while leaving the Euro (EUR) lacking momentum.

Ukraine’s Zelenskyy says that the talks with the US are to happen in the near future.

Earlier today, the UK’s telegraph reported:

• US president Trump has dispatched his peace envoy Steve Witkoff and son-in-law Jared Kushner with to make the direct offer to Russian Pres. Putin in Moscow
• The report said that Trump is to recognize Ukraine as part of Russia

This article was written by Greg Michalowski at investinglive.com.

Canada’s Q3 GDP delivered a major upside surprise, lifting CAD and raising the bar for BoC easing. Markets now see USD/CAD capped near 1.41 with potential toward 1.38 by year-end, TDS’ analysts note.

Many managers shy away from critical or constructive feedback in the pursuit of being well liked.