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Canadian Dollar advances due to softer US Dollar, higher oil prices
USD/CAD extends its losses for the third consecutive day, trading around 1.3870 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) declines amid weaker-than-expected US economic data and shifting central bank expectations.
Euro strengthens above 1.1550 as Fed rate hike bets fade
The EUR/USD pair gathers strength to around 1.1575 during the early Asian trading hours on Monday. The US Dollar (USD) edges lower against the Euro (EUR) amid weaker-than-expected US economic data and shifting central bank expectations.
Fxstreet
Mon, Aug 17
South Korea Trade Balance: $30.39B (July) vs $30.32B
Fxstreet
Sun, Aug 16
Australian Dollar gains traction to near 0.7100 on fading Fed hike bets
The AUD/USD pair trades with mild gains near 0.7090 during the early Asian session on Monday. The US Dollar (USD) weakens against the Australian Dollar (AUD) as Federal Reserve (Fed) rate hike odds fade amid weaker US economic data.Fxstreet
Sun, Aug 16
AUD/USD Price Forecast: Bulls eye 0.7100 after US Retail Sales miss
The Australian Dollar advanced on Friday after US Retail Sales disappointed investors, increasing speculation that the Federal Reserve might not raise rates, as the economy showed tentative signs of weakness. The AUD/USD trades at 0.7083, up 0.34%Fxstreet
Fri, Aug 14
Mexican Peso refreshes multi-month highs, Banxico minutes eyed
The USD/MXN refreshed 24-month lows below 17.00, but it has recovered some ground, with buyers stepping in and reclaiming the 17.00 level. Data from the United States (US) weighed on the Greenback, as consumer sentiment and Retail Sales deteriorated.
Fxstreet
Fri, Aug 14
EUR/USD Price Forecast: 100-Day SMA blocks bullish reversal
The EUR/USD registers gains of over 0.32% as traders face key resistance at the 100-day Simple Moving Average (SMA) at 1.1567, as bulls eye the 1.1600 psychological figure. At the time of writing, the pair trades at 1.1564 after bouncing off daily lows of 1.1526.Fxstreet
Fri, Aug 14
USD/CHF Price Forecast: Bearish flag holds as bulls eye 0.8150
The USD/CHF turns negative on the day, snapping a four-day winning streak, yet it remains above 0.8100, suggesting further upside is possible if buyers reclaim key resistance levels. At the time of writing, the pair trades at a 0.12% loss.
Fxstreet
Fri, Aug 14
Euro: Spreads support upside bias against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret report EUR/USD trading in the mid-1.15s with modest gains versus the US Dollar (USD), supported by euro area Gross Domestic Product (GDP) and a return to trade surplus.Fxstreet
Fri, Aug 14
EUR/GBP stuck in a tight range as traders observe the war
EUR/GBP has traded in a tight range around the mid-0.8500s on Friday, little changed on the day. The latest Eurozone figures came in close to forecasts, and they did nothing to push the pair out of the range it has held all week.
Fxstreet
Fri, Aug 14
British Pound advances as weak US sales deepen USD slide
The Pound Sterling rises by some 0.40% on Friday as a batch of US data justifies the Fed's dovish approach, with consumer sentiment deteriorating while the disinflation process improved. The GBP/USD trades at 1.3545 after bouncing off daily lows of 1.3482.Fxstreet
Fri, Aug 14
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