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Germany IFO – Business Climate came in at 86.4, above expectations (86.1) in March
Germany IFO – Business Climate came in at 86.4, above expectations (86.1) in March
EUR/USD
Fxstreet
Wed, Mar 25
Germany IFO – Expectations in line with forecasts (86) in March
Germany IFO – Expectations in line with forecasts (86) in March
EUR/USD
Fxstreet
Wed, Mar 25
Germany IFO – Current Assessment came in at 86.7, above forecasts (86) in March
Germany IFO – Current Assessment came in at 86.7, above forecasts (86) in March
EUR/USD
Fxstreet
Wed, Mar 25
Germany IFO – Business Climate came in at 88.6, above expectations (86.1) in March
Germany IFO – Business Climate came in at 88.6, above expectations (86.1) in March
EUR/USD
Fxstreet
Wed, Mar 25
Switzerland ZEW Survey – Expectations fell from previous 9.8 to -35 in March
Switzerland ZEW Survey – Expectations fell from previous 9.8 to -35 in March
USD/CHF
Fxstreet
Wed, Mar 25
EUR/USD: Recovery faces fundamental doubts – Commerzbank
Commerzbank’s Thu Lan Nguyen notes that EUR/USD has rebounded about two cents from its recent low near 1.14, driven mainly by Euro strength while the Dollar trades sideways.
EUR/USD
Fxstreet
Wed, Mar 25
USD/JPY: Oil shock keeps pressure on Yen – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong highlight that rising Oil prices are worsening Japan’s terms of trade, fiscal risks and policy uncertainty, keeping the Japanese Yen (JPY) under pressure.
USD/JPY
Fxstreet
Wed, Mar 25
NZD/USD Price Forecast: Struggles near 0.5800; seems vulnerable while below 200-day SMA
The NZD/USD pair extends its steady descent for the second consecutive day and drops to the 0.5800 mark during the early part of the European session on Wednesday.
NZD/USD
Fxstreet
Wed, Mar 25
EUR/USD: Range trading holds near 1.16 – Danske Bank
Danske Research Team highlights that EUR/USD traded around 1.16 with Germany Ifo survey is due.
EUR/USD
Fxstreet
Wed, Mar 25
Pound Sterling remains on the back foot against USD, moves little after UK CPI report
The GBP/USD pair once again faces rejection near a technically significant 200-day Simple Moving Average (SMA) and turns lower for the second consecutive day on Wednesday.
GBP/USD
Fxstreet
Wed, Mar 25
Japanese Yen softens despite BoJ hawkish tone
The USD/JPY pair edges higher to around 159.00 during the early European trading hours on Wednesday. The Japanese Yen (JPY) weakens against the Greenback due to surging energy prices driven by geopolitical tensions in the Middle East.
USD/JPY
Fxstreet
Wed, Mar 25
EUR/USD: Repricing supports cautious upside – Rabobank
Rabobank’s Senior FX Strategist Jane Foley notes that the Euro has recently become the best performing G10 currency as markets reprice European Central Bank (ECB) tightening.
EUR/USD
Fxstreet
Wed, Mar 25
Aud: Inflation Shock Keeps Rba Under Pressure
Commerzbank’s Volkmar Baur notes Australian CPI slowed on a monthly basis but remains above the Reserve Bank of Australia’s (RBA) 2–3% target.
AUD/USD
Fxstreet
Wed, Mar 25
Canadian Dollar declines below 1.3800 on safe-haven demand, Fed rate hike bets
The USD/CAD pair holds positive ground near 1.3775 during the early European session on Wednesday. The US Dollar (USD) edges higher against the Canadian Dollar (CAD) amid persistent safe-haven demand as the US-Iran peace talks remain uncertain.
USD/CAD
Fxstreet
Wed, Mar 25
Pound Sterling trades cautiously ahead of UK CPI data release
The Pound Sterling (GBP) trades with caution against its major currency peers, and is down 0.2% to near 1.3380 against the US Dollar (USD) during the early European trading session on Wednesday.
GBP/USD
Fxstreet
Wed, Mar 25
EUR/USD remains subdued around 1.1600 as US-Iran peace remains uncertain
EUR/USD remains subdued for the second successive day, trading around 1.1600 during the Asian hours on Wednesday.
EUR/USD
Fxstreet
Wed, Mar 25
AUD/USD Price Forecast: Continues to hold key support level of around 0.6900
The AUD/USD pair trades 0.3% lower to near 0.6975 during the late Asian trading session on Wednesday.
AUD/USD
Fxstreet
Wed, Mar 25
USD/INR retraces as hopes of Middle East ceasefire improves market sentiment
The Indian Rupee (INR) opens slightly higher against the US Dollar (USD) on Wednesday, with the USD/INR pair retracing to near 94.30 from the lifetime high of 94.75 posted the previous day.
Fxstreet
Wed, Mar 25
USD/JPY Price Forecast: Trades with positive bias below 159.00; bullish potential intact
The USD/JPY pair trades with a positive bias for the second straight day on Wednesday, though it lacks bullish conviction and remains below the 159.00 mark through the Asian session.
USD/JPY
Fxstreet
Wed, Mar 25
EUR/JPY Price Forecast: Holds gains above confluence around 184.00
EUR/JPY remains stronger for the fourth consecutive trading day, hovering around 184.30 during the Asian session on Wednesday. The technical analysis of the daily chart shows the spot is rising above the upper boundary of a descending triangle, which typically signals a bullish reversal.
EUR/JPY
Fxstreet
Wed, Mar 25
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