AUD/USD holds key support of 0.6000 as US Dollar steadies
The AUD/USD pair consolidates above the psychological support of 0.6000 in Friday’s European session.
USD/CAD trades around 1.3850, two-month highs, traders adopt caution ahead of US election
The USD/CAD pair maintains its position on two consecutive days of gains, trading around 1.3850 during the Asian session on Friday.
USD/CHF hovers around 0.8650, upside likelihood appears possible as the US election looms
USD/CHF remains steady after registering losses in the previous session, maintaining its position above 0.8650 during Asian trading hours on Friday.
Analysis:Markets gear up for two wild weeks of elections and rate moves
LONDON : Investors globally are piling into the U.S. dollar and betting on rising volatility ahead of a crucial two weeks in which the United States and Japan elect leaders, three major central banks decide on interest rates and the new UK government presents its budget.The U.S. currency hit a three-month
EUR: ECB officials start to talk up possibility of larger 50bps cuts – MUFG
The Euro (EUR) has continued to weaken against the US dollar since last week’s ECB policy meeting with EUR/USD falling to an intra-day low of 1.0761 on Wednesday, MUFG’s FX analyst Lee Hardman notes.
Dollar stands tall on bets for slower Fed cuts, potential Trump win
TOKYO :The U.S. dollar traded close to a three-month high against major peers on Thursday, underpinned by expectations for a slower pace of interest rate cuts by the Federal Reserve and growing bets of a possible second Donald Trump presidency.The dollar index, which measures the currency against six rivals i
NZD/USD Price Forecast: 0.6000 acts as key support
The NZD/USD pair bounces back from the psychological support of 0.6000 in Thursday’s European session.
last updated on 25 Oct 15:37