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EUR/JPY Price Forecast: Holds ground near 184.00, 50-day EMA
EUR/JPY remains flat after registering minor gains in the previous day, trading around 183.90 during the Asian hours on Friday. The currency cross is holding above the short-term nine-period Exponential Moving Average (EMA) but remaining capped by the medium-term 50-period EMA.
EUR/JPY
Fxstreet
Fri, Aug 14
Euro gains as receding Fed hike bets weigh on USD; geopolitical risks cap upside
The EUR/USD pair attracts some follow-through buyers during the Asian session on Friday and looks to build on the previous day's modest bounce from the vicinity of the 1.1500 psychological mark, or an over one-week low.
EUR/USD
Fxstreet
Fri, Aug 14
Swiss Franc strengthens as softer US inflation pressures US Dollar
USD/CHF halts its four-day winning streak, trading around 0.8140 during the Asian hours on Friday. The currency pair edges lower as the US Dollar (USD) faces downward pressure following a softer-than-expected US inflation report.
USD/CHF
Fxstreet
Fri, Aug 14
Canadian Dollar strengthens despite subdued oil prices
USD/CAD loses ground for the second successive day, trading around 1.3920 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) declines following a softer-than-expected US inflation report.
USD/CAD
Brent
Fxstreet
Fri, Aug 14
British Pound edges higher vs softer USD; lacks follow-through as geopolitics cap gains
The GBP/USD pair attracts some dip-buyers during the Asian session on Friday and, for now, seems to have snapped a two-day losing streak to the weekly low, which it touched the previous day.
GBP/USD
Fxstreet
Fri, Aug 14
Australian Dollar declines despite RBA rate hike warning
AUD/USD edges lower for the third successive day, trading around 0.7060 during the Asian hours on Friday. Reserve Bank of Australia (RBA) Assistant Governor Chris Kent stated on Thursday that recent interest rate hikes are producing their intended effect.
AUD/USD
Fxstreet
Fri, Aug 14
New Zealand Dollar recovers from two-week low as fading Fed hike bets undermine USD
The NZD/USD pair is seen building on the previous day's bounce from the 0.5820 region, or a two-week low, and gaining some positive traction during the Asian session on Friday. Spot prices climbed back above 0.5850 in the last hour and, for now, seem to have snapped a four-day losing streak.
NZD/USD
Fxstreet
Fri, Aug 14
PBOC sets USD/CNY reference rate at 6.7878 vs. 6.7888 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7878 compared to the previous day's fix of 6.7888.
USD/CNH
Fxstreet
Fri, Aug 14
Euro gathers strength above 1.1500 as cooling inflation data weighs on US Dollar
The EUR/USD pair gains ground to near 1.1535 during the early Asian session on Friday. The US Dollar (USD) softens against the Euro (EUR) following a softer-than-expected US inflation report. The US July Retail Sales data will take center stage later on Friday.
EUR/USD
Fxstreet
Fri, Aug 14
GBP/JPY Price Forecast: Steadies above 215.00 capped by 50-day SMA
The GBP/JPY remains directionless on Thursday as traders turn cautious about opening fresh directional bets amid intervention fears in the FX markets, which could strengthen the Yen, and after solid UK data. The cross-pair sits at around 215.00, down 0.02%.
GBP/JPY
Fxstreet
Thu, Aug 13
Australian Dollar holds near 0.7060 as eyes shift to RBA’s Bullock
The Aussie Dollar holds steady at around 0.7061 after US inflation data weighed on the Greenback, which recovered some ground to finish Thursday’s session almost flat. The AUD/USD registers modest losses of 0.01%
AUD/USD
Fxstreet
Thu, Aug 13
Half of the record Japanese Yen intervention is already gone
The Dollar changes hands at 159.50 against the Yen on Thursday, a fraction higher on the session inside a range of barely 55 pips.
USD/JPY
Fxstreet
Thu, Aug 13
The British Pound's growth beat came from a dead ceasefire
The Pound holds just under 1.3500 on Thursday inside a session range barely 40 pips wide, which is a thin response to a morning that handed Britain a growth beat and an afternoon that handed the Dollar a soft inflation print.
GBP/USD
Fxstreet
Thu, Aug 13
Euro holds above 1.1500 as US inflation curbs Fed bets
The Euro holds firm above 1.1500 as inflation data in the US curbed Fed rate hike bets, as traders shifted from expecting a rate hike to a hold in the September 16 meeting, while investors await the release of economic growth figures in the European Union (EU).
EUR/USD
Fxstreet
Thu, Aug 13
New Zealand Dollar steadies off two-week lows following dovish RBNZ survey
NZD/USD is recovering on Thursday in the American session, regaining the mid-0.5800s after rising off two-week lows reached during the Asian session. The New Zealand Dollar (NZD) has clawed back some ground as the US Dollar (USD) lost momentum.
NZD/USD
Fxstreet
Thu, Aug 13
USD/MXN Price Forecast: Bears eye 17.00 as downtrend stretches
The USD/MXN extends its downtrend for the 14th straight day, down a minimal 0.08% as the Mexican Peso hovers near a 24-month low of 17.01 on Thursday.
USD/MXN
Fxstreet
Thu, Aug 13
USD/CHF Price Forecast: Bearish flag keeps 0.8145 in focus
The USD/CHF trades near the top trendline of a ‘bearish-flag,’ holds steady at around 0.8034, following the release of good inflation data on the producer side.
USD/CHF
Fxstreet
Thu, Aug 13
Japanese Yen little changed amid cooling US inflation
USD/JPY is trading sideways on Thursday, hovering in the mid-159.00s and holding within its recent range. It is more of the same for the pair, which continues to move in consolidation as opposing forces cancel each other out.
USD/JPY
Fxstreet
Thu, Aug 13
Silver Price Forecast: Momentum cools as XAG/USD consolidates above 50-day SMA
Silver trades modestly lower on Thursday, holding within Monday’s trading range as buyers take a breather following the strong rally seen at the start of the month.
Silver
Fxstreet
Thu, Aug 13
Australian Dollar stumbles near recent highs
AUD/USD is trading little changed on Thursday, shrinking near the 0.7050s below the multi-week high reached on Wednesday near 0.7091. The pair holds its ground after US data pointed to cooling price pressure, keeping the US Dollar (USD) stagnant.
AUD/USD
Fxstreet
Thu, Aug 13
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