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EUR/JPY Price Forecast: Edges lower from upper descending channel top around 186.00
EUR/JPY steadies after six days of gains, trading around 185.70 during the Asian hours on Monday. The currency cross is maintaining a constructive bullish bias as it holds above both the nine-day and 50-day Exponential Moving Averages (EMAs).
Fxstreet
Mon, Jun 1
New Zealand Dollar holds losses below 0.6000 despite upbeat Chinese Manufacturing PMI data
The NZD/USD pair holds losses around 0.5975 during the early Asian session on Monday. The New Zealand Dollar (NZD) remains weak following the Chinese economic data. Traders will keep an eye on the US ISM Manufacturing Purchasing Managers Index (PMI) report later in the day.
Fxstreet
Mon, Jun 1
AUD/USD Price Forecast: Subdued below 0.7200, close to two-week top after China's PMI
The AUD/USD pair extends the range play below the 0.7200 mark and moves little following the release of China’s RatingDog Manufacturing PMI, which eased to 51.8 in May from 52.2 in the previous month.
Fxstreet
Mon, Jun 1
Japanese Yen hangs near multi-week low vs USD amid economic risks due to Mideast tensions
The USD/JPY pair kicks off the new week on a positive note and climbs back closer to the 159.50 level during the Asian session, eyeing a four-week top set last Thursday amid a combination of factors.
Fxstreet
Mon, Jun 1
Australian Dollar flatlines below 0.7200 as US-Iran talks continue, China PMI looms
The AUD/USD pair holds steady around 0.7185 during the early Asian trading hours on Monday. Traders continue to assess the developments surrounding the US-Iran peace negotiations. Also, China’s RatingDog Manufacturing Purchasing Managers Index (PMI) report for May will be released later on Monday.Fxstreet
Mon, Jun 1
British Pound rebounds as US Dollar weakens on Iran deal hopes
GBP/USD holds minor gains on Friday after rebounding from intraday lows, supported by improving risk sentiment surrounding a potential US-Iran peace deal. At the time of writing, the pair trades around 1.3460 and is on course to end the week little changed.
Fxstreet
Fri, May 29
Japanese Yen muted amid steady US PCE data
The USD/JPY pair trades in a muted fashion toward the 159.20 region on Friday as the United States Dollar (USD) finds support following the latest inflation data, while the Japanese Yen (JPY) remains pressured amid uncertainty surrounding the Bank of Japan’s (BoJ) policy outlook.Fxstreet
Fri, May 29
Australian Dollar climbs as improving US-Iran ceasefire hopes pressure US Dollar
The AUD/USD pair advances toward the 0.7180 region on Friday as the United States (US) Dollar (USD) remains under pressure amid improving market sentiment linked to renewed hopes for a longer-lasting ceasefire agreement between the US and Iran.Fxstreet
Fri, May 29
British Pound recovers against the Japanese Yen as Bailey strikes a hawkish tone
GBP/JPY trims part of its earlier intraday losses on Friday as the British Pound (GBP) draws support from hawkish remarks by Bank of England (BoE) Governor Andrew Bailey. At the time of writing, the cross trades around 214.15 after recovering from an intraday low of 213.59.
Fxstreet
Fri, May 29
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