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Euro: Gentle upside against US Dollar as greenback softens - ING
ING’s Chris Turner says EUR/USD remains well supported by broad Dollar softness. Expected mild eurozone growth in the August PMIs and elevated inflation expectations keep the case for another European Central Bank (ECB) hike alive.
Fxstreet
Fri, Aug 21
AUD/USD Price Forecast: Hits fresh high since June as bulls eye gains beyond 0.7150
The AUD/USD pair regains positive traction following the previous day's dismal Aussie jobs data-led modest fall and climbs to a fresh high since early June during the first half of the European session.
Fxstreet
Fri, Aug 21
British Pound holds gains against a weak US Dollar despite downbeat UK Retail Sales
The British Pound (GBP) trades firm against the US Dollar (USD) on Friday, with the GBP/USD pair pushing against six-month highs in the 1.3660 area at the time of writing, on track for a 0.8% weekly rally.Fxstreet
Fri, Aug 21
AUD/JPY Price Forecast: Strengthens above 113.50 as bullish momentum persists above 100-day SMA
The AUD/JPY cross trades in positive territory near 113.55 during the early European session on Friday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) despite the cooling labor market. The minutes of the Reserve Bank of Australia (RBA) meetings will be released next Tuesday.
Fxstreet
Fri, Aug 21
Euro sits near multi-month top vs weak USD as bulls await move beyond 1.1700 ahead of PMIs
The EUR/USD pair attracts some dip-buyers during the Asian session on Friday and climbs back closer to its highest level since May 14, set the previous day, with bulls now awaiting a move beyond the 1.1700 mark before placing fresh bets.Fxstreet
Fri, Aug 21
EUR/JPY Price Forecast: Rises to near 186.00 as bullish bias prevails
EUR/JPY remains stronger for the second successive day, trading around 186.00 during the Asian hours on Friday. The technical analysis of a daily chart indicates that the spot is moving higher within the ascending channel pattern, signaling a persistent bullish bias.
Fxstreet
Fri, Aug 21
USD/JPY Price Forecast: 20-day EMA remains key hurdle
The Japanese Yen (JPY) trades in a limited range at around 159.00 against the US Dollar (USD) during the Asian trading session on Friday. The pair consolidates, while both the JPY and the USD are underperforming against their other currency peers.
Fxstreet
Fri, Aug 21
Australian Dollar gains ground above 0.7100 as US debt concerns weigh on US Dollar
The AUD/USD pair gains traction to near 0.7135 during the Asian trading hours on Friday. The US Dollar (USD) weakens against the Australian Dollar (AUD) and is set for a weekly loss as traders viewed the US Treasury's bond buyback gambit as merely a temporary fix.Fxstreet
Fri, Aug 21
Silver Price Forecast: XAG/USD surges to near $69.00 amid heightened volatility
Silver price (XAG/USD) extends its gains for the third successive day, trading around $68.70 per troy ounce during the Asian hours on Friday. Silver prices rise as investors turn to safe-haven metals amid heightened volatility across global currency and bond markets.Fxstreet
Fri, Aug 21
New Zealand Dollar extends gains to fresh high since June, above mid-0.5900s vs softer USD
The NZD/USD pair attracts buyers for the third straight day and climbs to a fresh high since early June, around the 0.5965-0.5970 region during the Asian session on Friday. Spot prices remain on track to register strong weekly gains amid a supportive fundamental backdrop.
Fxstreet
Fri, Aug 21
Euro gains on hawkish ECB outlook despite firm US Dollar
EUR/USD remains stronger for the third consecutive day, trading around 1.1680 during the Asian hours on Friday. The Euro (EUR) gains ground against the US Dollar (USD), bolstered by strong economic fundamentals across the region.Fxstreet
Fri, Aug 21
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