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Euro: Mild downside bias within range against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann report EUR/USD closed almost unchanged near 1.1625 after a brief spike to 1.1660. They see slightly stronger downside momentum that could test 1.1610, though a move to the key 1.1590 support is viewed as unlikely for now.
Fxstreet
Thu, May 28
Japanese Yen edges down against US Dollar due to Iran tensions but outperforms other
The Japanese Yen (JPY) is marginally lower against the US Dollar (USD), but outperforms its other peers during the late Asian trading session on Thursday. The USD/JPY is slightly higher to near 159.55, close to its four-week high of 159.65 posted earlier in the day.
Fxstreet
Thu, May 28
AUD/USD Price Forecast: On verge of Head and Shoulder breakdown
The Australian Dollar (AUD) slumps over 0.5% to near 0.7100 during the Asian trading session on Thursday. The Aussie par slumps as the antipodean underperforms its peers due to risk-off market sentiment and diminished hawkish Reserve Bank of Australia (RBA) bets.
Fxstreet
Thu, May 28
Silver Price Forecast: XAG/USD falls below $72.50 on US strikes in Iran, bearish technical signals
Silver price (XAG/USD) tumbles to around $72.30, the lowest since May 6, during the early European trading hours on Thursday. The precious metal faces some selling pressure amid renewed tensions between the US and Iran.
Fxstreet
Thu, May 28
Euro weakens below 1.1650 as US military carries out new strikes in Iran
The EUR/USD pair trades in negative territory around 1.1620 during the early Asian session on Thursday. Escalating tensions between the United States (US) and Iran continue to weigh on riskier assets, such as the Euro (EUR), against the US Dollar (USD).Fxstreet
Thu, May 28
Aussie cracks as cool CPI meets a stubborn Kiwi
The Aussie Dollar finally tripped on Wednesday, dropping nearly 2% against the New Zealand Dollar. AUD/NZD had been grinding to generational highs near 1.2300, fuelled by a story of relative central bank divergence that always looked a little overcooked.
Fxstreet
Wed, May 27
AUD/USD Price Forecast: Sellers eye 0.7100 support as momentum indicators weaken
AUD/USD attracts sellers on Wednesday as softer-than-expected Australian inflation data weighs on the Australian Dollar (AUD), while persistent uncertainty surrounding a potential US-Iran peace deal keeps the US Dollar (USD) supported.Fxstreet
Wed, May 27
British Pound weakens against US Dollar amid conflicting US-Iran headlines
The British Pound edges lower against the US Dollar as cautious market sentiment surrounding US-Iran talks supports the Greenback. At the time of writing, GBP/USD is trading around 1.3429, remaining on the back foot for a second straight day.Fxstreet
Wed, May 27
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