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EUR/JPY trades sideways as ECB, BoJ policy decisions loom
EUR/JPY trades around 183.50 on Wednesday at the time of writing, remaining virtually unchanged on the day as investors stay cautious ahead of the European Central Bank (ECB) and Bank of Japan (BoJ) monetary policy decisions on Thursday.
Fxstreet
Wed, Mar 18
Pound Sterling trades flat ahead of Fed-BoE policy, UK labor market data
The Pound Sterling (GBP) trades broadly flat against its major currency peers, consolidating around 1.3350 against the US Dollar (USD) during the European trading session on Wednesday. The British currency struggles for direction as investors have sidelined ahead of a data-packed Thursday.Fxstreet
Wed, Mar 18
USD/CAD: BoC caution keeps range intact – MUFG
MUFG’s Derek Halpenny highlights that the Canadian Dollar has been relatively resilient since the conflict began, supported by Oil-linked terms of trade. He expects the Bank of Canada to hold rates and deliver a cautious message, stressing uncertainty around energy-driven inflation.
Fxstreet
Wed, Mar 18
AUD/USD trades higher slightly above 0.7100, Fed’s policy remains in focus
The AUD/USD pair trades marginally higher to near 0.7115 during the European trading session on Wednesday. The Aussie pair is expected to trade broadly sideways as investors await the Federal Reserve’s (Fed) monetary policy outcome at 18:00 GMT.
Fxstreet
Wed, Mar 18
GBP/USD: Recovery extends but upside limited – UOB
According to UOB’s Quek Ser Leang, GBP/USD rebounded to 1.3364 and may edge higher toward 1.3410, though a clear break above that level is seen as unlikely given only modest momentum. Intraday, gains are expected to stay below 1.3390, with support at 1.3335 and 1.3320.Fxstreet
Wed, Mar 18
EUR/USD struggles to extend recovery above 1.1550, Fed’s policy remains in focus
The EUR/USD pair faces slight pressure near 1.1550 during the European trading session on Wednesday after a two-day recovery move. The major currency pair struggles as the US Dollar strives to regain ground ahead of the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT.Fxstreet
Wed, Mar 18
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