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South Korea Industrial Output Growth: 4.1% (August) vs -3.6%

South Korea Industrial Output Growth: 4.1% (August) vs -3.6%

Fxstreet

Sep 29, 2024

NZD/USD Price Analysis: Bulls regain strength, technicals and daily movements signal more gains

On Friday, the NZD/USD pair continued its ascent from Thursday, adding 0.20%, reaching 0.6354 and continuing the bullish trend.

Fxstreet

Sep 27, 2024

Canadian Dollar recedes on Friday despite uptick in GDP

The Canadian Dollar (CAD) fell back against all of its major currency peers on Friday, shedding nearly one-third of one percent against the Greenback.

Fxstreet

Sep 27, 2024

Australian Dollar rises amid Chinese stimulus and soft PCE data from the US

The AUD/USD gained traction on Friday, climbing by 0.20% to 0.6910.

Fxstreet

Sep 27, 2024

Mexican Peso drops as Banxico cut, US PCE data weighs on currency

The Mexican peso lost steam on Friday against the US Dollar after inflation data in the United States (US) edged lower and failed to underpin the Mexican currency.

Fxstreet

Sep 27, 2024

EUR/GBP Price Analysis: Bearish outlook intact despite sideways trading

The EUR/GBP has been in a steady decline over the past trading days and bears stepped out to take a breather.

Fxstreet

Sep 27, 2024

GBP/USD Price Forecast: Drops from yearly peak amid soft US Dollar

The Pound Sterling registered minuscule losses against the Greenback, yet it remains close to two-year peak levels on Friday.

Fxstreet

Sep 27, 2024

USD/JPY slides further to 142.50 on Ishiba’s victory in PM contest

The USD/JPY pair nosedives to near 142.50 in Friday’s North American session.

Fxstreet

Sep 27, 2024

AUD/USD Price Forecast: Breaks out of range and follows through to the upside

AUD/USD breaks above its range highs and follows through to the upside on Friday.

Fxstreet

Sep 27, 2024

USD/CAD stays sideways below 1.3500 after US inflation, Canadian GDP data

The USD/CAD continues to range below the psychological resistance of 1.3500, in Friday’s New York session, despite the release of the United States (US) Personal Consumption Expenditure inflation (PCE) report for August, suggesting that inflation is on track to return to bank’s target of 2%.

Fxstreet

Sep 27, 2024

EUR/GBP Price Forecast: Resumes downside bias

EUR/GBP stalls in its pull back from the September 24 lows and resumes its downside bias.

Fxstreet

Sep 27, 2024

GBP/JPY weakens after Takaichi defeat removes impediment to rate hikes

GBP/JPY declines by almost one and a half percentage points to trade in the 191.50s on Friday after the news that former Japanese defense minister Shigeru Ishiba beat his opponent Sanae Takaichi to win the ruling-LDP party’s leadership race run-off.

Fxstreet

Sep 27, 2024

USD/CHF: Still remains in the month-long range between 0.84 and 0.8550 – DBS

The Swiss National Bank’s third interest rate cut did not push USD/CHF out of its month-long range between 0.84 and 0.8550, DBS’ FX analyst Philip Wee notes.

Fxstreet

Sep 27, 2024

USD/CHF Price Prediction: Unfolding down leg within range

USD/CHF continues trading up and down within a range. It is probably in a sideways trend, which given the principle that “the trend is your friend” is likely to endure.

Fxstreet

Sep 27, 2024

GBP: Strength continues – ING

It’s been a quiet week in the UK calendar, but the weak economic indicators out of the eurozone have dealt a blow to EUR/GBP, ING’s FX strategist Francesco Pesole notes.

Fxstreet

Sep 27, 2024

USD/CAD Price Forecast: Trades cautiously ahead of US PCE inflation, Canadian GDP

The USD/CAD pair trades with caution below the psychological resistance of 1.3500 in Friday’s European session.

Fxstreet

Sep 27, 2024

USD/JPY: USD has to maintain a foothold above 145.50 to grow – UOB Group

The US Dollar (USD) could rise 145.50; a sustained advance above this major resistance level is unlikely.

Fxstreet

Sep 27, 2024

EUR: Another break above 1.12 is possible – ING

Eurozone-wide CPI figures will be published next Tuesday, and another break above 1.12 for EUR/USD is surely possible into next week’s US payrolls data, FX strategist Francesco Pesole notes.

Fxstreet

Sep 27, 2024

NZD/USD: Unlikely to break above 0.6355 – UOB Group

The New Zealand Dollar (NZD) could continue to rise but is unlikely to break above 0.6355.

Fxstreet

Sep 27, 2024

USD/SGD: May have found strong short-term support – OCBC

USD/SGD continues to trade near recent low but decline may have found strong support in the short term.

Fxstreet

Sep 27, 2024

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