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GBP/USD Price Analysis: Consolidates below strong resistance at around 1.2800

The Pound Sterling stays firm during Thursday’s North American session, yet it remains below 1.2800 after hitting a daily high of 1.2809 against the US Dollar.

Fxstreet

Jun 6, 2024

EUR/AUD edges higher after well-anticipated ECB rate cut

EUR/AUD is trading up a tenth of a percent in the 1.6360s on Thursday after the European Central Bank (ECB) announces a highly anticipated interest-rate cut of 0.25% at its June policy meeting.

Fxstreet

Jun 6, 2024

AUD/USD finds cushion near 0.6630 as US Dollar retreats after weekly US jobless data

The AUD/USD pair rebounds from 0.6630 in Thursday’s New York session.

Fxstreet

Jun 6, 2024

EUR/GBP Price Analysis: Remains below range lows, poised to continue south

EUR/GBP continues trading below the base of the multi-month range it broke out of on May 22.

Fxstreet

Jun 6, 2024

USD/CHF Price Analysis: Falls back to 0.8900 amid fears of SNB’s intervention

The USD/CHF pair retreats while attempting to extend recovery above the immediate resistance of 0.8950 on Thursday.

Fxstreet

Jun 6, 2024

USD/CAD Price Analysis: Recovers intraday losses as US Dollar rebounds with US NFP looms

The USD/CAD pair bounces back from the day’s low of 1.3666 in Thursday’s London session.

Fxstreet

Jun 6, 2024

EUR/JPY holds gains near 170.00 with eyes on ECB policy meeting

The EUR/JPY pair clings to gains near the psychological resistance of 170.00 in Thursday’s European session.

Fxstreet

Jun 6, 2024

Pound Sterling holds strength as string of weak US job data spurs Fed rate-cut bets

The Pound Sterling (GBP) trades close to a two-month high slightly below the round-level figure of 1.2800 against the US Dollar (USD) in Thursday’s London session.

Fxstreet

Jun 6, 2024

Mexican Peso claws back losses from election fallout

The Mexican Peso (MXN) is up by around a quarter of a percent on Thursday in its key pairs as a positive risk tone prevails and helps support the sentiment-sensitive Peso.

Fxstreet

Jun 6, 2024

Eurozone Retail Sales (YoY) below forecasts (0.1%) in April: Actual (0%)

Eurozone Retail Sales (YoY) below forecasts (0.1%) in April: Actual (0%)

Fxstreet

Jun 6, 2024

Eurozone Retail Sales (MoM) registered at -0.5%, below expectations (-0.3%) in April

Eurozone Retail Sales (MoM) registered at -0.5%, below expectations (-0.3%) in April

Fxstreet

Jun 6, 2024

AUD/JPY rises to near 104.00 as Australia’s Trade Surplus widens

AUD/JPY continues to gain for the second successive day, trading around 103.90 during the European session on Thursday.

Fxstreet

Jun 6, 2024

EUR/USD remains firm ahead of ECB’s policy meeting and US NFP report

EUR/USD rises in Thursday’s European session but remains broadly sideways below the round-level resistance of 1.0900.

Fxstreet

Jun 6, 2024

NZD/USD returns below 0.6200 after pulling back from two-month highs

NZD/USD pulls back from two-month highs, trading around 0.6190 during the European session on Thursday.

Fxstreet

Jun 6, 2024

Forex Today: ECB policy announcements, US data to dominate the action

Here is what you need to know on Thursday, June 6: Following Wednesday's choppy action in foreign exchange markets, investors gear up for key events that could ramp up the volatility.

Fxstreet

Jun 6, 2024

USD/CHF holds below 0.8950 amid renewed Fed rate cut hopes, softer US Dollar

The USD/CHF pair edges lower to 0.8920 during the early European session on Thursday.

Fxstreet

Jun 6, 2024

USD/CAD edges lower to near 1.3650 due to improved risk appetite, higher Oil prices

USD/CAD retreats after two days of gains, trading around 1.3680 during the Asian session on Thursday.

Fxstreet

Jun 6, 2024

Japanese Yen gains ground due to rising speculation of rate cuts by the Fed

The Japanese Yen (JPY) appreciates due to improved risk sentiment and rising speculation of an interest rate cut by the US Federal Reserve (Fed) in September.

Fxstreet

Jun 6, 2024

USD/INR remains under pressure on weaker US Dollar, likely RBI intervention

Indian Rupee (INR) recovers on Thursday amid the weaker US Dollar (USD).

Fxstreet

Jun 6, 2024

PBOC sets USD/CNY reference rate at 7.1108 vs. 7.1097 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1108, as against the previous day's fix of 7.1097 and 7.2436 Reuters estimates.

Fxstreet

Jun 6, 2024

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