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GBP/USD Price Forecast: Strives to hold key 20-day EMA
The Pound Sterling trades in a tight range around 1.3400 against the US Dollar (USD) during the Asian trading session on Thursday.
GBP/USD
Fxstreet
Thu, Apr 9
NZD/USD gathers strength above 0.5800 on RBNZ hawkish hold
The NZD/USD pair gains ground to near 0.5830 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) following a hawkish pause from the Reserve Bank of New Zealand (RBNZ).
NZD/USD
Fxstreet
Thu, Apr 9
Canadian Dollar slips as USD safe-haven bid offsets oil rebound
USD/CAD gains ground after three days of losses, trading around 1.3860 during the Asian hours on Thursday. The pair appreciates as the US Dollar (USD) receives support from renewed safe-haven demand amid uncertainty surrounding the ceasefire agreement between the United States (US) and Iran.
USD/CAD
Fxstreet
Thu, Apr 9
Australian Dollar declines due to fading optimism surrounding US-Iran ceasefire
AUD/USD snaps a three-day winning streak, trading near 0.7030 during the Asian hours on Thursday.
AUD/USD
Fxstreet
Thu, Apr 9
Japanese Yen moves away from three-week top as tenuous US-Iran ceasefire benefits USD
The USD/JPY pair builds on the previous day's modest bounce from sub-158.00 levels, or a nearly three-week low, and gains some positive traction during the Asian session on Thursday. Spot prices climb back closer to the 159.00 mark in the last hour and draw support from a combination of factors.
USD/JPY
Fxstreet
Thu, Apr 9
PBOC sets USD/CNY reference rate at 6.8649 vs. 6.8680 previous
On Thursday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8649 compared to the previous day's fix of 6.8680 and 6.8315 Reuters estimate.
USD/CNH
Fxstreet
Thu, Apr 9
EUR/USD softens to near 1.1650 as Middle East tensions lift US Dollar
The EUR/USD pair trades with mild losses around 1.1655 during the early Asian session on Thursday. The Euro (EUR) softens against the US Dollar (USD) amid uncertainty surrounding the two-week ceasefire between the United States (US) and Iran.
EUR/USD
Fxstreet
Thu, Apr 9
GBP/USD pulls back from 1.3485 as fragile ceasefire clouds outlook
GBP/USD surged more than 1% on Wednesday after the US and Iran agreed to a Pakistan-brokered two-week ceasefire, pushing Cable to a session high close to 1.3485.
GBP/USD
Fxstreet
Wed, Apr 8
USD/JPY tests 158.00 as ceasefire saps safe-haven demand
USD/JPY fell around 0.66% on Wednesday, retreating from the session high near 160.00 to settle close to 158.50.
USD/JPY
Fxstreet
Wed, Apr 8
AUD/USD stalls below 0.7100 as ceasefire euphoria fades
AUD/USD gave back a portion of Wednesday's sharp rally, settling around 0.7050 after surging over 1% earlier in the session.
AUD/USD
Fxstreet
Wed, Apr 8
NZD/USD holds fragile footing as USD demand returns amid geopolitical noise
The NZD/USD pair is trading with a cautious tone around the 0.5830 region on Thursday, as the New Zealand Dollar (NZD) regains some traction following shifting geopolitical headlines.
NZD/USD
Fxstreet
Wed, Apr 8
AUD/JPY Price Forecast: Forms shooting-star, drops below 112.00 as bears lurk
The Australian Dollar extended its gains versus the Japanese Yen, driven by an improvement in risk appetite amid the two-week pause in the Middle East conflict between the US and Iran.
AUD/JPY
Fxstreet
Wed, Apr 8
NZD/USD Price Forecast: Rallies above 0.5800, eyes on 200-day SMA
The NZD/USD rallied sharply on Wednesday, boosted by a double whammy. The de-escalation of the Middle East conflict, and hawkish remarks by the RBNZ Governor, Anna Breman, post the bank’s monetary policy meeting.
NZD/USD
Fxstreet
Wed, Apr 8
USD/CHF Price Forecast: Slides below 200-day SMA, bears gain steam
The USD/CHF retreats some 0.85% on Wednesday after failing to clear the April 7 daily high of 0.8010, and as the pair slides beneath the 200-day SMA of 0.7940, as market sentiment gets lifted by a two-week ceasefire in the Middle East conflict.
USD/CHF
Fxstreet
Wed, Apr 8
USD/INR: RBI curbs speculative longs, room to fall – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong highlight that USD/INR has dropped sharply as RBI’s targeted regulatory measures curbed speculative positioning and tightened market microstructure.
Fxstreet
Wed, Apr 8
Silver Price Forecast: XAG/USD consolidates within bearish flag on 4-hour chart
Silver (XAG/USD) trades with a positive bias on Wednesday, supported by a broadly weaker US Dollar following a two-week ceasefire agreement between the United States and Iran. At the time of writing, XAG/USD is trading around $74.50, up nearly 2% on the day after hitting an intraday high of $77.65.
Silver
Fxstreet
Wed, Apr 8
USD/JPY: Strong Yen with BoJ tightening support – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Japanese Yen (JPY) has gained over 0.7% versus the US Dollar (USD) but still lags other G10 currencies as risk sentiment improves on the ceasefire.
USD/JPY
Fxstreet
Wed, Apr 8
USD/JPY Price Analysis: Fragile ceasefire fuels volatility as markets read between the lines
The USD/JPY pair fell near the 158.30 region on Wednesday, even as the United States (US), Iran and Israel had agreed on a two-week ceasefire.
USD/JPY
Fxstreet
Wed, Apr 8
USD/CAD weakens as US-Iran ceasefire cools Dollar demand
USD/CAD trades with a downside bias on Wednesday, as the US Dollar (USD) comes under broad selling pressure following a temporary ceasefire agreement between the United States and Iran. At the time of writing, the pair is trading around 1.3847, extending losses for the third straight day.
USD/CAD
Fxstreet
Wed, Apr 8
GBP/USD surges as Iran truce dents US Dollar broadly
The Pound Sterling rallies on Wednesday, advancing for the third straight day this week, up more than 1.10% due to broad US Dollar weakness, sparked by an improvement in risk appetite following a two-week ceasefire between the US and Iran.
GBP/USD
Fxstreet
Wed, Apr 8
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