NZD/USD slides to 0.6300 mark, downside seems cushioned ahead of US PCE Price Index
The NZD/USD pair attracts some sellers near the 0.6335 region during the Asian session on Friday and reverses a part of the previous day's strong move up.
Pound Sterling Price News and Forecast: GBP/USD attracts sellers and is pressured by a modest USD strength
The GBP/USD pair drifts lower during the Asian session on Friday and moves away from its highest levels since March 2022, around the 1.3435 region touched the previous day.
GBP/USD retreats from its highest level since March 2022, slips below 1.3400 mark
The GBP/USD pair drifts lower during the Asian session on Friday and moves away from its highest levels since March 2022, around the 1.3435 region touched the previous day.
USD/CAD approaches 1.3500 ahead of US PCE Price Index/Canadian GDP
The USD/CAD pair regains positive traction during the Asian session on Friday and looks to build on this week's recovery move from the 1.3420 area, or its lowest level since March 8.
USD/CAD softens below 1.3500, with all eyes on US PCE data
The USD/CAD pair edges lower to near 1.3470 during the early Asian session on Friday, pressured by the weaker US Dollar (USD) broadly.
Gold price flat lines below all-time peak, looks to US PCE Price Index for fresh impetus
Gold price (XAU/USD) extended its record-breaking run for the fifth straight day on Thursday amid the emergence of fresh US Dollar (USD) selling.
US Dollar Index drifts higher above 100.50, potential upside seems limited ahead of US PCE data
The US Dollar Index (DXY) rebounds to near 100.65 during the Asian trading hours on Friday.
Japanese Yen drops as no candidate secures majority in the first round of LDP voting
The Japanese Yen (JPY) extends its downside for the third successive session following the Tokyo Consumer Price Index (CPI) data released on Friday.
GBP/USD touches 31-month high, Pound rally extends
The GBP/USD currency pair reached a 31-month high of 1.3434 on Thursday, marking a significant milestone in its upward trajectory.
EUR/JPY Price Forecast: Rallies to three-week peak, closes on 162.00
The EUR/JPY printed solid gains of over 0.40% on Thursday, extending its rally to three consecutive days.
EUR/USD depreciates to near 1.1150 ahead of speeches from ECB Lane, Cipollone
EUR/USD retraces its recent gains registered in the previous session, trading around 1.1170 during the Asian session on Friday.
Silver Price Forecast: XAG/USD pares intraday losses, down a little below $32.00 mark
Silver (XAG/USD) extends the overnight modest pullback from the $32.70 area, or its highest level since December 2012 and remains under some selling pressure during the Asian session on Friday.
EUR/JPY Price Forecast: Rises to near 162.50; next barrier appears at eight-week highs
EUR/JPY extends its upside for the fourth consecutive day, trading around 162.50 during the Asian session on Friday.
USD/INR recovers ahead of US PCE data
The Indian Rupee (INR) loses momentum on Friday amid the renewed US Dollar (USD) demand from importers related to month-end payments and the likely unwinding of long positions.
NZD/USD Price Analysis: Bulls return, pair recovers below week's highs
On Thursday, the NZD/USD pair recovered from Wednesday's losses, gaining by 0.95% and settling at 0.6330.
US core PCE set to show continued disinflation trend, reinforcing Federal Reserve easing cycle
The United States Bureau of Economic Analysis (BEA) is set to release the significant Personal Consumption Expenditures (PCE) Price Index, which is the Federal Reserve’s preferred measure of inflation, on Friday at 12:30 GMT.
USD/JPY holds above 145.00 after the Tokyo CPI inflation data
The USD/JPY pair attracts some buyers to near 145.20 on Friday during the early Asian session.
USD/JPY Price Forecast: Fails to clear 145.00, forms ‘doji’ pattern
The USD/JPY remains subdued after seesawing within a 110-pip range, where the pair hit a three-week high of 145.21.
Japan Inflation: Tokyo Consumer Price Index rises 2.2% YoY in September vs. 2.6% prior
The headline Tokyo Consumer Price Index (CPI) for September rose 2.2% YoY, compared to a 2.6% rise in the previous reading, the Statistics Bureau of Japan showed on Friday.
Australian Dollar holds strong due to monetary policy divergences, eyes on PCE data from the US
The AUD/USD pair surged higher on Thursday, rising by 0.90% to 0.6890.
Forex Today: Investors now look at US PCE amidst Fed rate cut bets
The Greenback navigated quite a bearish session on Thursday, giving away a big chunk of Wednesday’s gains despite higher yields and amidst a persistently firm sentiment in the risk-associated universe.
US Dollar struggles despite positive mid-tier data, PCE looms
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, is flat after a muted market reaction to a slew of robust US economic data.
EUR/GBP Price Analysis: Pair hovers around 0.8330, bearish outlook intact
The EUR/GBP pair has been in a steady decline over the past trading days and fell to 0.8330 on Thursday with 0.30% losses.
Pound Sterling Price News and Forecast: GBP recovers, aiming for 1.3400 on upbeat sentiment
GBP/USD Price Forecast: Recovers, aiming for 1.3400 on upbeat sentiment The Pound Sterling climbs over 0.59% against the Greenback, boosted by an improvement in risk appetite, sponsored by China’s stimulus to its economy and increasing odds for a ‘soft landing’ in the US after revealing robust economic data.
GBP/USD Price Forecast: Recovers, aiming for 1.3400 on upbeat sentiment
The Pound Sterling climbs over 0.59% against the Greenback, boosted by an improvement in risk appetite, sponsored by China’s stimulus to its economy and increasing odds for a ‘soft landing’ in the US after revealing robust economic data.
AUD/USD retraces Wednesday’s losses with Fed Powell’s speech on the horizon
The AUD/USD pair bounces back strongly from Wednesday’s low of 0.6820 to near the round-level resistance of 0.6900 in Thursday’s North American session.
AUD/JPY Price Analysis: Extends winning streak for ninth trading session
The AUD/JPY pair rises further to near 99.60 in Thursday’s European session.
USD/CAD Price Forecast: Trades at make or a break near 1.3450
The USD/CAD pair edges lower to near 1.3465 in Thursday’s European session after a strong recovery on Wednesday.
GBP/CAD Price Forecast: Possible reversal of trend could lead to more downside
GBP/CAD might have reversed its short-term uptrend after testing the top of its rising channel, forming a bearish reversal candlestick pattern (orange rectangle on chart below) and then establishing a sequence of lower lows and lower highs.
EUR/USD gains ground in big day for Fed speakers
EUR/USD edges higher in Thursday’s North American session after correcting to near 1.1120 on Wednesday.
AUD/USD Price Forecast: Holds position near 0.6850, lower boundary of an ascending channel
AUD/USD retraces its recent losses from the previous session, trading around 0.6860 during the European hours on Thursday.
USD/JPY Price Forecast: Recovers back inside rising channel
USD/JPY has recovered back inside its rising channel after a temporary downside break on September 24.
EUR/JPY clings to gains above mid-161.00s, over three-week top amid modest JPY weakness
The EUR/JPY cross gains positive traction for the third successive day and climbs to a three-and-half-week top during the first half of the European session on Thursday.
NZD/USD Price Forecast: Holds ground above 0.6250, lower boundary of the ascending channel
NZD/USD recovers its recent losses from the previous session, trading around 0.6280 during the early European hours on Thursday.
GBP/JPY attracts some buyers above 193.00, focus shifts to Tokyo CPI data
The GBP/JPY cross extends the rally to near 193.10 during the early European session on Thursday.
USD/CAD remains depressed near 1.3470-1.3465 area, weaker Oil prices to limit losses
The USD/CAD pair meets with some supply during the Asian session on Thursday and erodes a part of the overnight recovery gains from the 1.3420 region, or its lowest level since March 8.
AUD/USD Price Forecast: Upside appears to stall near 0.6900
The AUD/USD pair edges lower after posting a fresh yearly high around 0.6900 in Wednesday’s North American session.
Australian Dollar stands weak after local CPI figures
The AUD/USD retreated on Wednesday, declining by 0.70% to 0.6850.
Dollar firm following sharp rebound as Fed speakers eyed
TOKYO : The dollar held firm on Thursday following its sharpest rally since early June as traders looked ahead to speeches from key Federal Reserve policymakers later in the day for clues on the pace of interest rate cuts.The U.S. currency rebounded strongly overnight from a more than one-year low to the
Forex Today: Attention shifts to Powell and data pre-PCE
The Greenback staged a robust comeback after flirting with 14-month lows, prompting quite a meaningful knee-jerk in the risk complex ahead of key data releases and the speech by Chair Powell.
GBP/USD Price Forecast: Weakens and drops below 1.3400 as USD recovers
The Pound Sterling lost some steam against the US Dollar in early trading during Wednesday’s North American session after hitting a yearly peak of 1.3429.
GBP/USD edges higher amid modest USD downtick, remains below mid-1.3300s
The GBP/USD pair regains some positive traction during the Asian session on Thursday and reverses part of the overnight sharp retracement slide from the 1.3430 region, or its highest level since March 2022.
GBP/USD sheds 1.34 amid Greenback rebound
GBP/USD struck an abnormally nearish tone on Wednesday, plunging back below the 1.3400 handle amid a broad-market pullback from full-bore risk appetite.
Gold price holds steady near record high, awaits Fed's Powell before the next leg up
Gold price (XAU/USD) extends its sideways consolidative price move for the second straight day on Thursday and remains well within striking distance of the record high touched the previous day.
NZD/JPY Price Analysis: Bulls consolidate control, must hold 90.00
The NZD/JPY pair, after posting a 0.20% drop on Wednesday, continues to consolidate above the 90.00 mark.
NZD/USD Price Analysis: Uptrend halts, pair steps back from multi-month highs
On Wednesday, the NZD/USD pair encountered selling pressure, declining by 1.20% and settling at 0.6260.
NZD/USD posts modest gains above 0.6250, focus on US GDP data, Fed’s Powell speech
The NZD/USD pair trades with mild positive bias around 0.6260 on Thursday during the Asian trading hours.
Pound Sterling Price News and Forecast: GBP/USD attracts some dip-buying on Thursday
The GBP/USD pair regains some positive traction during the Asian session on Thursday and reverses part of the overnight sharp retracement slide from the 1.3430 region, or its highest level since March 2022.
Pound Sterling Price News and Forecast: GBP/USD weakens and drops below 1.3400 as USD recovers
GBP/USD Price Forecast: Weakens and drops below 1.3400 as USD recovers The Pound Sterling lost some steam against the US Dollar in early trading during Wednesday’s North American session after hitting a yearly peak of 1.3429.
Silver Price Forecast: XAG/USD consolidates below $32.00 mark, bullish bias remains
Silver (XAG/USD) struggles to gain any meaningful traction and oscillates in a narrow trading band, around the $31.80-$31.85 region during the Asian session on Thursday.
last updated on 27 Sep 07:27