USD/CAD consolidates above 1.3500 ahead of busy US data week
The USD/CAD pair trades in a tight range above the psychological support of 1.3500 in Tuesday’s European session.
USD/JPY strives to reclaim 145.00 as traders pare Fed large rate cut bets
The USD/JPY pair gathers strength to extend its upside towards the crucial resistance of 145.00 in Tuesday’s European session.
AUD/USD edges lower as US Dollar gains ground ahead of US key data
The AUD/USD pair exhibits a subdued performance near the crucial support of 0.6900 in Tuesday’s European session.
US Dollar consolidates gains after Powell signals caution on rate cuts
The US Dollar (USD) trades broadly positive on Tuesday ahead of the Manufacturing Purchasing Managers Index (PMI) numbers from the Institute for Supply Management (ISM). The positive turnaround for the Greenback took place after traders priced
US Dollar Index rises to near 101.00 following Fed Powell remarks to lower rates gradually
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against other six major currencies, extends its gains for the second successive day.
Pound Sterling falls vertically to near 1.3300 as traders brace for US data
The Pound Sterling (GBP) drops to near 1.3300 after facing selling pressure near the crucial resistance of 1.3400 against the US Dollar (USD) in Tuesday’s London session.
USD/CHF rises above 0.8450 despite improved Swiss Real Retail Sales
USD/CHF extends its gains for the second successive day, trading around 0.8470 during the early European hours on Tuesday.
Gold price bulls have the upper hand; looks to US macro data for fresh impetus
Gold price (XAU/USD) ended in the red for the second straight day on Monday amid optimism over China's stimulus and the Federal Reserve (Fed) Chair Jerome Powell's relatively hawkish remarks.
Japanese Yen holds losses as US Dollar remains solid ahead of ISM Manufacturing PMI
The Japanese Yen (JPY) continues to lose ground for the second successive day following the release of the Bank of Japan's (BoJ) Summary of Opinions from September’s Monetary Policy Meeting, along with mixed economic data on Tuesday.
Dollar’s losing streak keeps traders wary as Fed cuts rates
The dollar index has fallen roughly 3.6% since late June as market participants grew more confident that Fed officials would soon start lowering borrowing costs.
Asian markets mixed; Japanese stocks rebound from Monday's slump
Asian shares were mixed on Tuesday, with Japan’s Nikkei 225 index regaining some of its sharp losses from a day earlier. A quarterly “tankan” survey by the Bank of Japan showed business confidence among large manufacturers remained steady at 13, indicating an improved outlook for business conditions. A positive number…
USD/CAD trades stronger above 1.3500 as Fed’s Powell signals a slow approach to rate cuts
The USD/CAD pair gathers strength to near 1.3525 during the early Asian session on Tuesday.
Asian markets are mixed and Japanese stocks rebound from Monday’s slump
Asian shares are mixed, with Japan's Nikkei 225 index regaining some of its sharp losses from a day earlier.
Forex Today: Fedspeak and data puts the US economy at the centre of the debate
The Greenback started the week on a strong note in a context where investors’ prudence prevailed ahead of key data releases in the US economy, where the labour market is seen taking centre stage.
Gold price tumbles below $2,650, Fed signals gradual easing
Gold price retreats for the second consecutive day amid month-end flows favoring the Greenback despite falling US Treasury yields.
DXY: 2-way near-term risks persist – OCBC
The US Dollar (USD) traded with a heavy bias this morning as core PCE data came in softer while recent Fedspeaks were mostly dovish.
AUD/JPY rises above 98.50 due to rising odds of RBA maintaining a restrictive policy
AUD/JPY gains ground, trading around 98.70 during the European session on Monday.
Silver Price Forecast: XAG/USD declines to near $31.50 ahead of Fed Powell’s speech
Silver price (XAG/USD) falls sharply to near $31.50 in Monday’s European session.
AUD/USD holds positive ground above 0.6900 ahead of Chinese PMI data
The AUD/USD pair extends its upside to around 0.6910 during the early Asian session on Monday.
Australian Dollar holds ground around 20-month highs
The Australian Dollar (AUD) continues its winning streak for the third consecutive session on Monday.
EUR/USD moves above 1.1150 due to rising odds for the Fed’s aggressive rate-cutting cycle
EUR/USD kicks off the week by edging higher, trading around 1.1170 during the Asian session on Monday.
Forex Today: US Dollar on weak footing, markets focus on central bank speak
Here is what you need to know on Monday, September 30: The US Dollar (USD) struggles to find demand to start the last trading day of the third quarter.
GBP/USD trades stronger above 1.3350 amid dovish Fed and softer US PCE data
The GBP/USD pair holds positive ground near 1.3385 during the early Asian session on Monday.
German Inflation Slows Below 2% as ECB Rate-Cut Bets Rise
(Bloomberg) — German inflation eased below the European Central Bank’s 2% target for the first time since February 2021 — supporting the case for another cut in interest rates in less than three weeks.
Gold price remains confined in a range below all-time peak, Powell's speech awaited
Gold price (XAU/USD) kicks off the new week on a softer note, albeit it remains confined in a multi-day-old range and within striking distance of the all-time peak touched last Thursday.
Japanese Yen depreciates despite a subdued US Dollar ahead of Fed Powell's speech
The Japanese Yen (JPY) edges lower against the US Dollar (USD) on Monday, following the dovish comments from Japan's upcoming Prime Minister, former Defense Chief Shigeru Ishiba.
NZD/USD clings to gains near YTD peak, above mid-0.6300s amid China stimulus
The NZD/USD pair attracts some buyers for the third successive day and climbs to a fresh year-to-date (YTD) peak, around the 0.6375 region during the Asian session on Monday.
Silver Price Forecast: XAG/USD loses traction to near $31.50 ahead of Fed’s Powell speech
Silver Price (XAG/USD) attracts some sellers to near $31.55 during the early Asian session on Monday.
USD/CAD Price Forecast: Consolidates above 1.3500, bulls flirt with 200-hour SMA resistance
The USD/CAD pair struggles to capitalize on last week's goodish recovery from its lowest level since March 8, albeit manages to hold above the 1.3500 psychological mark through the first half of the European session on Monday.
USD/CAD struggles for a firm intraday direction, consolidates above 1.3500 mark
The USD/CAD pair kicks off the new week on a subdued note and oscillates in a narrow band, above the 1.3500 psychological mark through the Asian session.
USD/CHF holds above 0.8400 as traders await Fed’s Powell speech
The USD/CHF pair recovers to around 0.8415, snapping the two-day losing streak during the early European session on Monday.
USD/JPY struggles to capitalize on modest intraday gains, up a little around mid-142.00s
The USD/JPY pair attracts some dip-buyers at the start of a new week and reverses a part of Friday's sharp retracement slide from the 146.50 area or over a three-week high.
Watch These Gold Price Levels as Precious Metal Trades Near Record High
Gold prices will likely remain in focus on Monday after setting record highs last week. Monitor these key chart levels.
last updated on 1 Oct 13:27