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Mexican peso weakens amid rising USD, eyes on Sheinbaum's inauguration

The Mexican Peso loses some ground versus the US Dollar on Tuesday as the Mexican Congress begins its General Session ahead of President-Elect Claudia Sheinbaum's swearing-in ceremony.

Fxstreet

Oct 1, 2024

GBP/USD Price Forecast: Falls below 1.3300 on risk-off mood

The Pound Sterling fell against the Greenback during the North American session, losing over 0.50% amid a risk-off mood due to heightened tensions in the Middle East.

Fxstreet

Oct 1, 2024

NZD/USD Price Forecast: Declines to near 0.6300 as US data takes centre stage

The NZD/USD pair tumbles to near the crucial support of 0.6300 in Tuesday’s New York session after facing selling pressure above the key resistance of 0.6350.

Fxstreet

Oct 1, 2024

EUR/USD: EUR capped again at 1.12 – Scotiabank

Eurozone Manufacturing PMI was revised up in September to 45.0 (from 44.8) after Spain reported a solid gain and German and French data were nudged up marginally from preliminary reports, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Fxstreet

Oct 1, 2024

USD/CAD Price Prediction: Countertrend rally might be stalling

USD/CAD suddenly reversed course in the midst of a strong downtrend and recovered on September 25.

Fxstreet

Oct 1, 2024

EUR/GBP Price Forecast: Breaks lower, extending downtrend

EUR/GBP breaks lower after a brief pullback and continues its broader downtrend on Tuesday.

Fxstreet

Oct 1, 2024

GBP/USD: GBP is stalled in low 1.34s – Scotiabank

The Pound Sterling (GBP) is trading lower on the session, tracking the broader tone of the US Dollar (USD), Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Fxstreet

Oct 1, 2024

EUR/JPY pressured lower after cooling inflation weighs on single currency

EUR/JPY trades just over a third of a percent lower on Tuesday, in the 159.30s.

Fxstreet

Oct 1, 2024

USD/CAD: Little changed on the day – Scotiabank

The Canadian Dollar (CAD) is little changed on the USD on the day, with spot holding close to Monday’s close in the low 1.35 zone, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Fxstreet

Oct 1, 2024

USD/CHF Price Prediction: Rising up within range-bound consolidation

USD/CHF is rising up within its sideways range. It has reached a cluster of major Moving Averages which are providing firm resistance.

Fxstreet

Oct 1, 2024

USD/JPY strives to reclaim 145.00 as traders pare Fed large rate cut bets

The USD/JPY pair gathers strength to extend its upside towards the crucial resistance of 145.00 in Tuesday’s European session.

Fxstreet

Oct 1, 2024

USD/JPY: A sustained rise above 144.50 is unlikely – UOB Group

The US Dollar (USD) could rebound further; a sustained rise above 144.50 is unlikely.

Fxstreet

Oct 1, 2024

AUD/USD edges lower as US Dollar gains ground ahead of US key data

The AUD/USD pair exhibits a subdued performance near the crucial support of 0.6900 in Tuesday’s European session.

Fxstreet

Oct 1, 2024

EUR/USD slumps below 1.1100 as Eurozone HICP falls below 2%

EUR/USD slides below the round-level support of 1.1100 in Tuesday’s European session.

Fxstreet

Oct 1, 2024

NZD/USD: Expected to trade sideways between 0.6310 and 0.6365 – UOB Group

Momentum is turning neutral; the New Zealand Dollar (NZD) is expected to trade sideways between 0.6310 and 0.6365.

Fxstreet

Oct 1, 2024

Germany 5-y Note Auction down to 1.9% from previous 2.02%

Germany 5-y Note Auction down to 1.9% from previous 2.02%

Fxstreet

Oct 1, 2024

USD/SGD: Rebound underway – OCBC

“USD/SGD rebounded. Pair was last at 1.2863, OCBC FX strategists Frances Cheung and Christopher Wong note.

Fxstreet

Oct 1, 2024

JPY: Trading mostly on domestic news – ING

The Japanese Yen (JPY) would be the other go-to currency in a geopolitical risk escalation, but Japanese markets are currently trading mostly on domestic news, ING’s FX strategist Francesco Pesole notes.

Fxstreet

Oct 1, 2024

AUD/USD: To trade in a sideways range of 0.6885/0.6935 – UOB Group

The Australian Dollar (AUD) is expected to trade in a sideways range of 0.6885/0.6935.

Fxstreet

Oct 1, 2024

EUR/USD: Double-top bearish reversal – OCBC

Euro (EUR) slipped amid broad US Dollar (USD) rebound. EUR was last at 1.1109 levels, OCBC FX strategists Frances Cheung and Christopher Wong note.

Fxstreet

Oct 1, 2024

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