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Silver Price Forecasts: XAG/USD returns above $77 as the US Dollar tumbles
Silver rallies on risk-on markets and reaches session highs above $77.00.
Silver
Fxstreet
Wed, Apr 8
Australian Dollar jumps on US–Iran ceasefire, traders await FOMC Minutes
The AUD/USD pair climbs to around 0.7080, the highest since March 20, during the early European trading hours on Wednesday. The Australian Dollar (AUD) edges higher against the Greenback as the ceasefire between the US and Iran triggers a broad risk-on sentiment.
AUD/USD
Fxstreet
Wed, Apr 8
NZD/USD Price Forecast: Hovers around 0.5850, 50-day EMA due to bullish reversal
NZD/USD gains ground for the third consecutive day, trading around 0.5850 during the early European hours on Wednesday. The technical analysis of the daily chart signals a bullish reversal as the pair rises above the descending channel pattern.
NZD/USD
Fxstreet
Wed, Apr 8
GBP/USD Price Forecast: Reclaims two-week high around 1.3445 as sentiment improves
The Pound Sterling surges against the US Dollar (USD) on Wednesday as the market sentiment turns favorable for riskier assets, is up 1% to near 1.3445 during the early European session.
GBP/USD
Fxstreet
Wed, Apr 8
EUR/USD nears 1.1700 as markets welcome the ceasefire in Iran
The announcement of a two-week ceasefire in Iran triggered a relief rally during Wednesday’s Asian trading session that sent the safe-haven US Dollar (USD) tumbling against its main peers.
EUR/USD
Fxstreet
Wed, Apr 8
USD/CHF tumbles below 0.7900 on Trump's ceasefire announcement, FOMC Minutes in focus
The USD/CHF pair slumps to around 0.7890 during the early European session on Wednesday. Reports of a potential two-week ceasefire between the United States (US) and Iran drag the US Dollar (USD) lower against the Swiss Franc (CHF).
USD/CHF
Fxstreet
Wed, Apr 8
USD/INR tumbles on US-Iran two-week ceasefire, RBI leaves Repo Rate unchanged at 5.25%
The Indian Rupee (INR) jumps to a fresh an almost three-week high against the US Dollar (USD) in the opening trade on Wednesday. The USD/INR pair slides to near 92.30 as the US Dollar weakens and global oil prices nosedive, following a temporary ceasefire between the United States (US) and Iran.
Fxstreet
Wed, Apr 8
EUR/GBP edges lower to near 0.8700, ECB hawkish stance cushions downside
The EUR/GBP cross declines to near 0.8700 during the early European session on Wednesday. A two-week ceasefire agreement between the United States (US) and Iran has improved global risk sentiment, which typically favors the Pound Sterling (GBP) over the Euro (EUR).
EUR/GBP
Fxstreet
Wed, Apr 8
Canadian Dollar gains as market sentiment improves after US-Iran ceasefire
USD/CAD continues to lose ground for the third successive day, trading around 1.3830 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) declines on decreased safe-haven demand after the United States (US) and Iran agreed on a two-week ceasefire.
USD/CAD
Fxstreet
Wed, Apr 8
Pound Sterling advances as US-Iran ceasefire improves market sentiment
GBP/USD extends its winning streak for the third consecutive day, trading around 1.3400 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) declines on decreased safe-haven demand after the United States (US) and Iran agreed on a two-week ceasefire.
GBP/USD
Fxstreet
Wed, Apr 8
NZD/USD Price Forecast: Rises above 0.5800 after RBNZ rate hold, but remains below 100-day EMA
The NZD/USD pair jumps to a near two-week high of around 0.5820 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) after the Reserve Bank of New Zealand (RBNZ) interest rate decision and a broader risk-on sentiment.
NZD/USD
Fxstreet
Wed, Apr 8
Japanese Yen surges against US Dollar as Trump confirms two-week ceasefire
The Japanese Yen (JPY) trades significantly higher against the US Dollar (USD) on Wednesday, with the USD/JPY pair sliding 0.75% to near 158.40 during the Asian trading session.
USD/JPY
Fxstreet
Wed, Apr 8
EUR/USD Price Forecast: Rises above 1.1650, moving averages amid bullish reversal
EUR/USD extends its winning streak for the third successive day, trading around 1.1670 during Asian hours on Wednesday. The daily chart technical analysis indicates a bullish reversal as the pair is rising above the descending channel pattern.
EUR/USD
Fxstreet
Wed, Apr 8
AUD/USD Price Forecast: Aims to revisit multi-year high of 0.7190
The AUD/USD pair surges 1.2% to near 0.7060 in the Asian trading session on Wednesday.
AUD/USD
Fxstreet
Wed, Apr 8
AUD/JPY Price Forecast: Gains momentum, bullish bias prevails above 100-day EMA
The AUD/JPY cross gathers strength to around 111.80 during the Asian trading hours on Wednesday. The Australian Dollar (AUD) edges higher against the Japanese Yen (JPY) amid improved risk sentiment.
AUD/JPY
Fxstreet
Wed, Apr 8
NZD/USD sticks to gains near two-week top, around 0.5800 after RBNZ leaves rates unchanged
The NZD/USD pair turns positive for the third straight day following a modest Asian session dip to the 0.5700 mark and rallies to a nearly two-week top on Wednesday in reaction to the US-Iran ceasefire news.
NZD/USD
Fxstreet
Wed, Apr 8
EUR/JPY trades near 185.00 after paring recent gains
EUR/JPY remains in the positive territory after paring its daily gains, trading around 185.20 during the Asian hours on Wednesday. The currency cross trims intraday gains as the Japanese Yen (JPY) strengthens on falling oil prices after the US-Iran ceasefire.
EUR/JPY
Fxstreet
Wed, Apr 8
PBOC sets USD/CNY reference rate at 6.8680 vs. 6.8854 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Wednesday at 6.8680 compared to the previous day's fix of 6.8854 and 6.8369 Reuters estimate.
USD/CNH
Fxstreet
Wed, Apr 8
USD/CHF hangs near two-week low, around 0.7900 as US-Iran ceasefire triggers USD sell-off
The USD/CHF pair attracts heavy selling during the Asian session on Wednesday and dives to a two-week low amid a broadly weaker US Dollar (USD).
USD/CHF
Fxstreet
Wed, Apr 8
NZD/USD rises to near 0.5800 following US-Iran ceasefire, RBNZ decision eyed
NZD/USD extends its winning streak for the third successive day, trading around 0.5790 during the Asian hours on Wednesday. The pair appreciates amid risk-on sentiment after US President Donald Trump agrees to suspend Iran bombing for two weeks.
NZD/USD
Fxstreet
Wed, Apr 8
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