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USD/CAD slides back closer to mid-1.4000s amid modest USD weakness

The USD/CAD pair struggles to capitalize on its weekly gains registered over the past three days and attracts some sellers during the first half of the European session on Thursday.

Fxstreet

5 minutes ago

EUR/GBP to stay gently offered – ING

GBP:USD briefly sold off and then recovered after Bank of England (BoE) Governor Andrew Bailey seemed to confirm that the bank was looking at four rate cuts over the next year.

Fxstreet

8 minutes ago

EUR: The French government has fallen – ING

The French government suddenly leaves the scene fueling the political crisis yet again, ING’s FX analyst Chris Turner notes.

Fxstreet

15 minutes ago

GBP/USD: Outlook for GBP turns neutral – UOB Group

The Pound Sterling (GBP) could test the 1.2725 level before a pullback is likely; the major resistance at 1.2750 is unlikely to come under threat.

Fxstreet

21 minutes ago

EUR/USD: To likely trade between 1.0430 and 1.0580 – UOB Group

Further range trading in Euro (EUR) appears likely, with an expected range of 1.0480/1.0550.

Fxstreet

36 minutes ago

EUR/USD edges higher as French political crisis keeps downside sentiment afloat

EUR/USD ticks higher and strives to stay above 1.0500 in European trading hours on Thursday.

Fxstreet

an hour ago

Forex Today: FX action remains choppy ahead of mid-tier US data, Bitcoin hits record high above $100K

Here is what you need to know on Thursday, December 5: The US Dollar (USD) Index continues to stretch lower toward 106.00 early Thursday after posting small losses for the second consecutive day on Wednesday.

Fxstreet

2 hours ago

GBP/USD holds steady above 1.2700 mark amid subdued USD price action

The GBP/USD pair trades with a mild positive bias for the third straight day and holds steady just above the 1.2700 mark during the Asian session on Thursday.

Fxstreet

4 hours ago

USD/INR gathers strength on worries over Indian economic growth

Disappointing Indian economic data, portfolio outflows and a firmer USD undermine the INR.

Fxstreet

4 hours ago

NZD/USD holds positive ground above 0.5850, US Jobless Claims in focus

The NZD/USD pair recovers some lost ground to around 0.5865 amid a modest decline in the US Dollar (USD) during the Asian trading hours on Thursday.

Fxstreet

7 hours ago

Japanese Yen bulls remain on the sidelines despite BoJ rate hike bets

The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Thursday and moves away from the weekly low touched on the previous day.

Fxstreet

7 hours ago

Australian Dollar attracts some sellers as weaker data spurs RBA rate cut speculation

The Australian Dollar (AUD) remains under selling pressure on Thursday. The disappointing Australian economic data and rising expectations for an early interest rate cut by the Reserve Bank of Australia (RBA) drag the Aussie lower.

Fxstreet

7 hours ago

PBOC sets USD/CNY reference rate at 7.1879 vs. 7.1934 previous

On Thursday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1879, as compared to the previous day's fix of 7.1934 and 7.2664 Reuters estimates.

Fxstreet

8 hours ago

USD/CAD strengthens above 1.4050 as traders await US labour market data

The USD/CAD pair edges higher to near 1.4075 during the early Asian session on Thursday.

Fxstreet

10 hours ago

EUR/AUD Price Forecast: Snaps 4-day losses, climbs past 1.6350

The EUR/AUD snaps four days of losses and climbs over 0.86% on Wednesday, late in the North American session.

Fxstreet

10 hours ago

NZD/JPY Price Analysis: Pair Stabilizes Around 88.10 as Bears Take a Breather

The NZD/JPY pair stabilized around 88.10 on Wednesday, following a decline earlier in the week that saw the pair drop towards the 88.00 level.

Fxstreet

11 hours ago

NZD/USD Price Analysis: Pair continues falling further below the 20-day SMA

The NZD/USD pair extended its losses on Wednesday, marking a three-day losing streak as it continued to drift lower, closing near 0.5850.

Fxstreet

12 hours ago

Australian Dollar sinks near 0.6400 amid heightened expectations of RBA's dovish stance

The AUD/USD declined by 0.76% to 0.6435 in Wednesday's session, driven by disappointing data results from key fundamentals in Australia.

Fxstreet

12 hours ago

Mexican Peso rallies following mixed US economic data

The Mexican Peso registers decent gains versus the US Dollar after mixed US economic data augmented the chances that the Federal Reserve (Fed) could lower interest rates at the December meeting.

Fxstreet

15 hours ago

EUR/USD Price Analysis: Pair sees more gains and rises to 1.0530

The EUR/USD pair found support around the psychological 1.0500 level after opening the week with a sharp decline of over 1% and tallies a two-day winning streak.

Fxstreet

17 hours ago

GBP/USD Price Forecast: Struggles to crack 1.2700, oscillates around 1.2650

The GBP/USD fluctuated between gains/loses, trapped at around the 1.2630-1.2700 range for the third consecutive day.

Fxstreet

18 hours ago

EUR/GBP stays vulnerable below 0.8300 as French government sets to dissolve

The EUR/GBP pair ticks lower and sustains below the cruical resistance of 0.8300 in Wednesday’s North American session.

Fxstreet

20 hours ago

GBP/USD: Crawls higher from intraday low in positive, technical fashion – Scotiabank

The Pound Sterling (GBP) is little changed on the session, but the GBP price action is leaning a little more positive, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Fxstreet

20 hours ago

EUR/GBP to trade at 0.8150 in 12 months – Rabobank

As a result of the UK’s Brexit referendum in June 2016, the trading range for EUR/GBP swiftly adjusted from trading mostly below the 0.80 level in H1 that year to an average of around 0.8590 in H2 2016, Rabobank’s FX analyst Jane Foley notes.

Fxstreet

20 hours ago

Brazil Industrial Output (YoY) below expectations (5.9%) in October: Actual (5.8%)

Brazil Industrial Output (YoY) below expectations (5.9%) in October: Actual (5.8%)

Fxstreet

21 hours ago