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.
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.
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.
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.
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.
Australian Dollar depreciates, the downside seems limited due to improved risk sentiment
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
EUR/USD faces harsh rejection from 1.12 amid Greenback bounce
EUR/USD pulled back on Wednesday, tumbling back through the 1.1200 handle and falling into familiar near-term congestion just north of 1.1100.
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.
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 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.
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.
US Dollar recovers ahead of PCE data
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, whipsaws in a volatile session on Wednesday, hovering around a 14-month low due to intensifying recession fears.
USD/CHF climbs ahead of SNB policy decision
The USD/CHF edges higher during the North American session, registering gains of over 0.84% as traders brace for the Swiss National Bank (SNB) monetary policy decision.
last updated on 27 Sep 04:07