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AUD/USD holds above 0.6800 despite stronger US Dollar, eyes on RBA Minutes

The AUD/USD pair recovers some lost ground to near 0.6805, snapping the two-day losing streak during the early Asian session on Monday.

Fxstreet

Oct 6, 2024

USD/JPY Price Forecast: Skyrockets and climbs above 148.00

The USD/JPY rallied sharply inside the Ichimoku cloud (Kumo) after the US Bureau of Labor Statistics (BLS) revealed that the latest jobs report added over 254K employees to the workforce.

Fxstreet

Oct 4, 2024

Australian Dollar sinks as US jobs report brushes away recession fears

The Australian Dollar dropped during the North American session after September’s jobs report in the United States (US), suggesting that the Federal Reserve (Fed) would not cut rates by 50 basis points (bps) at the November meeting.

Fxstreet

Oct 4, 2024

Canadian Dollar backslides on NFP Friday

The Canadian Dollar (CAD) slipped further on Friday, driven lower by a broad-market extension of recent Greenback bidding that sent the US Dollar higher across the board after US Nonfarm Payrolls (NFP) figures widely outran expectations.

Fxstreet

Oct 4, 2024

Mexican Peso soars as US stellar jobs data eases recession fears

The Mexican Peso appreciated against the US Dollar on Friday, sponsored by an outstanding jobs report in the United States (US) that set aside recessionary fears in the largest economy in the world.

Fxstreet

Oct 4, 2024

USD/CAD jumps to near 1.3600 as US NFP beats estimates

USD/CAD rises sharply to near 1.3600 after stronger-than-expected US labor market report.

Fxstreet

Oct 4, 2024

EUR/GBP Price Forecast: A break above October 3 would cement bullish view

EUR/GBP pulls back down to the base of its multi-month range at 0.8380 after shooting higher on Thursday, October 3, as a result of comments made by the Governor of the Bank of England (BoE) Andrew Bailey.

Fxstreet

Oct 4, 2024

GBP/CAD Price Forecast: Down leg extends within rising channel

GBP/CAD is unfolding a down leg within a rising channel. It will probably continue lower to at least the blue 100-day Simple Moving Average (SMA) at 1.7641.

Fxstreet

Oct 4, 2024

USD/CHF Price Prediction: Surges in bullish breakout from multi-week range

USD/CHF decisively breaks out of the top of its multi-week range, probably ending its protracted sideways market trend.

Fxstreet

Oct 4, 2024

USD/JPY Price Forecast: Breaks higher, extends counter-trend recovery rally

USD/JPY breaks clearly above the 147.24 October 3 high on an intraday basis which suggests a continuation of the short-term uptrend with a tentative target at 149.40, the August 15 high.

Fxstreet

Oct 4, 2024

British Pound’s outlook improves with its economic outlook – DBS

GBP/USD has the potential to trade within a higher 1.30-1.40 range through 2025, DBS’ FX analysts Philip Wee and Chang Wei Liang note.

Fxstreet

Oct 4, 2024

The Euro to benefit from fewer rate cuts vs the Fed – DBS

EUR/USD is poised to move into a higher 1.10-1.15 range through 2025, DBS’ FX analysts Philip Wee and Chang Wei Liang note.

Fxstreet

Oct 4, 2024

EUR/USD to dip back towards 1.10 – Rabobank

There’s a risk of EUR/USD dipping back to the 1.10 level in the coming weeks, Rabobank’s FX analyst Jane Foley notes.

Fxstreet

Oct 4, 2024

USD/JPY: To probably trade between 146.00 and 147.40 – UOB Group

The US Dollar (USD) is likely to trade in a range, probably between 146.00 and 147.40.

Fxstreet

Oct 4, 2024

USD/SGD: Continues to consolidate – OCBC

USD/SGD has corrected higher for 4 consecutive days this week, tracking the uptick in USD.

Fxstreet

Oct 4, 2024

NZD/USD: Can continue to weaken towards 0.6170 – UOB Group

The New Zealand Dollar (NZD) could continue to weaken; oversold conditions suggest any decline is unlikely to break below the significant support at 0.6170.

Fxstreet

Oct 4, 2024

USD/JPY: Dollar short squeeze that was most gelt in – OCBC

USD/JPY recent rally can be attributed to comments from new PM Ishiba and Governor Ueda.

Fxstreet

Oct 4, 2024

AUD/USD faces selling pressure near 0.6850 as traders brace for US NFP

The AUD/USD pair remains offered near the key resistance of 0.6850 in Friday’s European session.

Fxstreet

Oct 4, 2024

AUD/USD: Can break clearly below 0.6820 – UOB Group

The Australian Dollar (AUD) could continue to weaken, but it does seem to have sufficient momentum to break clearly below 0.6820 for now.

Fxstreet

Oct 4, 2024

Pound Sterling recovers from 1.3100 against US Dollar ahead of US NFP

The Pound Sterling (GBP) finds buying interest near the round-level support of 1.3100 against the US Dollar (USD) in Friday’s London session.

Fxstreet

Oct 4, 2024

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