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EUR/USD Price Forecast: 20-day EMA remains key barrier as Iran uncertainty persists
The EUR/USD pair trades marginally higher to near 1.1640 during the European trading session on Wednesday. The major currency pair edges up as the Euro (EUR) trades broadly firm, even as uncertainty regarding the United States (US)-Iran deal continues to persist.
Fxstreet
Wed, May 27
New Zealand Dollar sticks to hawkish RBNZ-led gains; Iran risks cap further upside
The NZD/USD pair catches aggressive bids in reaction to the Reserve Bank of New Zealand's (RBNZ) hawkish on-hold rate decision on Wednesday, reversing the previous day's losses to a nearly one-week low.Fxstreet
Wed, May 27
Australian Dollar: Softer CPI backs RBA pause – Commerzbank
Commerzbank’s Volkmar Baur contrasts the Reserve Bank of Australia (RBA) with the Reserve Bank of New Zealand (RBNZ), noting Australia has already hiked three times and that April Consumer Price Index (CPI), including a monthly fall and lower annual rate, supports a pause.
Fxstreet
Wed, May 27
British Pound remains close to monthly peak vs Japanese Yen amid Mideast tensions
The GBP/JPY cross attracts some dip-buyers following the previous day's modest pullback from the 214.65-214.70 region, or a fresh monthly peak, and sticks to its modest intraday gains through the early European session on Wednesday.
Fxstreet
Wed, May 27
AUD/JPY Price Forecast: Declines on softer Australia's CPI, but broader bullish trend remains intact
The AUD/JPY cross attracts some sellers to around 113.95 during the early European trading hours on Wednesday. The Australian Dollar (AUD) softens against the Japanese Yen (JPY) as Australian Consumer Prices Index (CPI) inflation rose by less than expected in April.
Fxstreet
Wed, May 27
USD/CAD Price Forecast: Holds gains above 1.3800 as Oil prices weigh on Loonie
The US Dollar (USD) is trading practically flat against the Canadian Dollar (CAD) on Wednesday, consolidating gains above 1.3800 at the time of writing, after having rallied about 1.7% over the previous three weeks.
Fxstreet
Wed, May 27
GBP/USD Price Forecast: Fails to hold above 20-day EMA
The GBP/USD pair trades cautiously near Tuesday’s low around 1.3450 in the early European trade on Wednesday. The Cable is under pressure as investors turn cautious regarding the longevity of the ceasefire between the United States (US) and Iran, following Washington’s attacks on southern Iran.
Fxstreet
Wed, May 27
Euro drifts higher against British Pound on hawkish ECB signals
The EUR/GBP cross trades with mild gains near 0.8650 during the early European trading hours on Wednesday. Hawkish comments from the European Central Bank (ECB) policymakers provide some support to the Euro (EUR) against the British Pound (GBP).
Fxstreet
Wed, May 27
Euro advances on hawkish sentiment surrounding ECB outlook
EUR/USD gains ground after registering minor losses in the previous day, trading around 1.1640 during the Asian hours on Wednesday. The pair gains upward momentum, heavily supported by a wave of hawkish sentiment surrounding the European Central Bank’s (ECB) monetary policy outlook.Fxstreet
Wed, May 27
NZD/USD Price Forecast: Hawkish RBNZ-led rally stalls near 0.5880, ahead of 200-SMA on H4
The NZD/USD pair regains positive traction during the Asian session on Wednesday and rallies to the 0.5875-0.5880 resistance zone in reaction to the Reserve Bank of New Zealand's (RBNZ) hawkish on-hold rate decision.Fxstreet
Wed, May 27
Canadian Dollar flattens as investors seek fresh developments regarding US-Iran deal
The Canadian Dollar (CAD) trades broadly flat against its major currency peers, except the New Zealand Dollar (NZD), wobbling around 1.3810 against the US Dollar (USD) during the Asian trading session on Wednesday.Fxstreet
Wed, May 27
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