News
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EUR/USD Price Forecast: Trades around 1.1700 after rebounding from 50-day EMA
EUR/USD gains ground after three days of losses, trading around 1.1700 during the Asian hours on Wednesday. On the daily chart, technical analysis indicates a potential for a bearish bias; the 14-day Relative Strength Index (RSI) at 47 (neutral) confirms waning momentum.
Fxstreet
Wed, Jan 7
Silver Price Forecast: XAG/USD declines to near $80.00 as traders book profits
Silver price falls to near $80.15 during the Asian trading hours on Wednesday. The white metal edges lower as traders book some profits ahead of the key US economic data later this week. Traders brace for the US ISM Services Purchasing Managers Index (PMI) report on Wednesday.
Fxstreet
Wed, Jan 7
Australian Dollar advances after recovering recent losses
The Australian Dollar (AUD) rises against the US Dollar (USD) on Wednesday, continuing its winning streak for the fourth successive session. However, the AUD/USD pair faced challenges following the release of Australia's November Consumer Price Index (CPI).
Fxstreet
Wed, Jan 7
Australian dollar hits 15-month top, inflation data a mixed bag
By Wayne Cole SYDNEY, Jan 7 (Reuters) - The Australian dollar hit 15-month highs on Wednesday as a mixed bag of inflation data kept alive the prospect of a near-term hike in interest rates, while helping the Aussie notch a 12-year peak against its counterpart in New Zealand.Figures showed consume...Reuters
Wed, Jan 7
FOREX-Dollar meanders as traders await key US economic data
Markets brush off heightening geopolitical tensions, for nowDollar awaits release of US labour market dataAussie dollar briefly falls after domestic inflation misses forecastsBy Rae Wee SINGAPORE, Jan 7 (Reuters) - The dollar hugged tight ranges on Wednesday ahead of a slew of U.S. economic data ...Reuters
Wed, Jan 7
AUD/JPY weakens below 105.50 after softer Australian CPI inflation data
The AUD/JPY cross declines to around 105.40, snapping the four-day winning streak, during the Asian trading hours on Wednesday. The Australian Dollar (AUD) faces some selling pressure against the Japanese Yen after the infla
Fxstreet
Wed, Jan 7
GBP/USD consolidates around 1.3500; looks to US macro data for fresh impetus
The GBP/USD pair oscillates in a narrow range, around the 1.3500 psychological mark during the Asian session on Wednesday, and for now, seems to have stalled the previous day's retracement slide from its highest level since September 18.
Fxstreet
Wed, Jan 7
USD/JPY advances above 156.50 as risk-on sentiment undermines Japanese Yen
The USD/JPY pair gains ground to near 156.65 during the early Asian session on Wednesday. The Japanese Yen (JPY) softens against the US Dollar (USD) as the impact of the shock US capture of Venezuelan President Nicolas Maduro over the weekend was short-lived, undermining the safe-haven currency.Fxstreet
Tue, Jan 6
EUR/USD slides below 1.1700 as slowdown in Europe, weighs
The EUR/USD dives over 0.28% on Tuesday even though economic data in the United States (US) was mixed, while Federal Reserve officials delivered neutral-to-dovish comments. Meanwhile, data in the Eurozone shows that economic activity is decelerating in the bloc.Fxstreet
Tue, Jan 6
FOREX-Dollar gains against peers with investors eyeing upcoming data
Demand for safe haven assets cools after geopolitical tensionsFed's Miran says he wants big rate cuts this yearAussie dollar hits over one year high Euro trades down, yen and Swiss franc weaken against dollarBy Chibuike Oguh and Alun John NEW YORK/LONDON, Jan 6 (Reuters) - The U.S. dollar gai...Reuters
Tue, Jan 6
CANADA FX DEBT-Canadian dollar extends losing streak as oil uncertainty raises trade pact risk
Canadian dollar falls 0.2% against the greenbackCurrency weakens for sixth straight dayServices economy remains in contraction in DecemberBond yields rise across the curveBy Fergal Smith TORONTO, Jan 6 (Reuters) - The Canadian dollar fell for a sixth straight day against its U.S. counterpart on T...Reuters
Tue, Jan 6
USD/JPY strengthens as US yields rise and Dollar gains momentum
The Japanese Yen (JPY) weakens against the US Dollar (USD) on Tuesday, with USD/JPY reversing the previous day’s losses as the Greenback strengthens across the board, while US Treasury yields move higher. At the time of writing, the pair is trading around 156.70, up nearly 0.23% on the day.Fxstreet
Tue, Jan 6
FOREX-Dollar edges higher against peer currencies amid rate cut bets
Demand for safe haven assets cools after geopolitical tensionsFed's Miran says he wants big rate cuts this yearAussie dollar hits over one year high By Chibuike Oguh and Alun John NEW YORK/LONDON, Jan 6 (Reuters) - The U.S. dollar edged higher against major peers on Tuesday, with the euro wei...Reuters
Tue, Jan 6
GBP/USD slides below 1.3550 as Dollar rebounds despite soft US PMIs
The Pound Sterling retreats after reaching a daily high of 1.3567 as the Greenback stages a recovery despite posting weaker Purchasing Managers Index (PMI) data, and neutral Fed officials remarks. The GBP/USD trade at 1.3519, down 0.15% at the time of writing.Fxstreet
Tue, Jan 6
Canadian Dollar softens amid subdued Oil prices and a firm US Dollar
The Canadian Dollar (CAD) softens against the US Dollar (USD) on Tuesday, with USD/CAD holding an upward bias as the Greenback holds firm despite cautious Federal Reserve (Fed) commentary and softer US S&P Global Purchasing Managers Index (PMI) data.Fxstreet
Tue, Jan 6
