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AUD/USD Price Forecast: Moves away from multi-year top, slides to 0.7125 amid firmer USD
The AUD/USD pair attracts some sellers during the Asian session on Thursday, and for now, seems to have snapped a four-day winning streak to its highest level since June 2022, around the 0.7185 region, touched the previous day.
AUD/USD
Fxstreet
Thu, Mar 12
NZD/USD falls to near 0.5900 as risk aversion increases on Middle East war
NZD/USD remains weaker for the third consecutive day, trading around 0.5900 during the Asian hours on Thursday. The pair declines as the US Dollar (USD) remains stronger, as surging energy prices heightened inflationary risks and reduced the likelihood of Federal Reserve (Fed) interest rate cuts.
NZD/USD
Fxstreet
Thu, Mar 12
Indian Rupee struggles as Oil prices advance on supply disruptions
USD/INR continues its winning streak for the third successive session on Thursday.
Fxstreet
Thu, Mar 12
EUR/USD slips below 1.1550 as US Dollar gains on heightened inflationary risks
EUR/USD extends its losses for the third successive session, trading around 1.1540 during the Asian hours on Thursday.
EUR/USD
Fxstreet
Thu, Mar 12
Pound Sterling hangs near weekly low vs. USD amid rising Middle East tensions
The GBP/USD pair attracts sellers for the third straight day and touches a fresh weekly low, around the 1.3370 region, during the Asian session on Thursday. Spot prices, however, recover a few pips in the last hour and currently trade around the 1.3400 mark, down less than 0.15% for the day.
GBP/USD
Fxstreet
Thu, Mar 12
Canadian Dollar gains as Oil prices rise on Strait of Hormuz closure
USD/CAD loses its recent gains registered in the previous session, trading around 1.3580 during the Asian hours on Thursday.
USD/CAD
Fxstreet
Thu, Mar 12
Japanese Yen strengthens above 158.50 on safe-haven demand as Iran conflict intensifies
The USD/JPY pair trades with mild losses near 158.85 during the early Asian session on Thursday. The Japanese Yen (JPY) edges higher against the US Dollar (USD) amid escalating war in the Middle East. The US weekly Initial Jobless Claims report is due later on Thursday.
USD/JPY
Fxstreet
Thu, Mar 12
Australian Dollar bulls have the upper hand as RBA rate hike bets counter Middle East tensions
The AUD/USD pair attracts some sellers during the Asian session on Thursday, and for now, seems to have snapped a four-day winning streak to its highest level since June 2022, around the 0.7185 region, touched the previous day.
AUD/USD
Fxstreet
Thu, Mar 12
PBOC sets USD/CNY reference rate at 6.8959 vs. 6.8917 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8959 compared to the previous day's fix of 6.8917 and 6.8853 Reuters estimate.
USD/CNH
Fxstreet
Thu, Mar 12
EUR/USD Price Forecast: Drops below 200-day SMA, targets 1.1500 level
The EUR/USD tumbles for the second straight day after clashing with the 200-day Simple Moving Average (SMA) at 1.1672 on Tuesday, due to overall US Dollar strength.
EUR/USD
Fxstreet
Wed, Mar 11
AUD/NZD Price Analysis: Pair nears 13-year high amid Middle East conflict
The AUD/NZD cross is trading near the 1.2100 price region on Wednesday, touching its highest level in 13 years amid market chaos due to the Middle East war between Israel, the US and Iran.
AUD/NZD
Fxstreet
Wed, Mar 11
AUD/USD surges past 0.7150 as RBA hike bets strengthen
The Australian Dollar extends its gains on Wednesday amid growing speculation that the Reserve Bank of Australia (RBA) will raise rates at next week’s meeting. At the time of writing, the AUD/USD trades at 0.7152, up 0.47%.
AUD/USD
Fxstreet
Wed, Mar 11
EUR/USD Price Forecast: Sellers target 1.1500 as bearish momentum builds
The Euro (EUR) edges lower against the US Dollar (USD) on Wednesday as the Greenback remains well supported amid cautious market sentiment driven by the ongoing US-Iran war.
EUR/USD
Fxstreet
Wed, Mar 11
USD/CAD Price Analysis: US Dollar Rebounds as IEA Oil release weighs on CAD
The USD/CAD pair is trading near the 1.3580 level, regaining its footing in Wednesday's American session after the International Energy Agency (IEA) agreed to release 400 million barrels of oil to address the supply disruption from the Iran war.
USD/CAD
Fxstreet
Wed, Mar 11
USD/JPY rises as Oil supply fears and firm USD keep Yen under pressure
USD/JPY extends gains on Wednesday as the Japanese Yen (JPY) remains under pressure amid concerns over Oil supply disruptions linked to the US-Iran war, as Japan relies heavily on imported energy, particularly from the Middle East.
USD/JPY
Fxstreet
Wed, Mar 11
NZD/USD pressured by Middle East war, RBNZ rate hike outlook
NZD/USD trades lower on Wednesday, hovering around 0.5910 at the time of writing and down 0.38% on the day. The Kiwi remains under pressure as investors stay cautious amid persistent risk aversion in global markets, driven by escalating geopolitical tensions in the Middle East.
NZD/USD
Fxstreet
Wed, Mar 11
GBP/USD steadies near 1.34 despite Oil shock, hot US inflation
The Pound Sterling remains firm during the North American session, even though the Middle East conflict entered its twelfth day of hostilities. Inflation in the US boosted the Greenback’s prospects, yet GBP/USD trades at around 1.3400, virtually unchanged.
GBP/USD
Fxstreet
Wed, Mar 11
EUR/GBP weakens as fading BoE rate-cut bets support the Pound
EUR/GBP remains under pressure on Wednesday, with the Euro (EUR) extending its decline against the British Pound (GBP) for a fifth consecutive day as traders reassess the monetary policy outlook for the European Central Bank (ECB) and the Bank of England (BoE) amid rising concerns about an Oil-drive
EUR/GBP
Fxstreet
Wed, Mar 11
Euro: ECB response to new energy shock – ABN AMRO
ABN AMRO economists argue that elevated Oil and gas prices from the Iran conflict would hurt Eurozone growth more than US growth, mainly via real income and confidence.
EUR/USD
Fxstreet
Wed, Mar 11
EUR/GBP: Scope for corrective bounce - ING
ING’s Francesco Pesole notes EUR/GBP has fallen about 1.5% since the Iran conflict began, helped by a stronger GBP rate profile and resilient equities.
EUR/GBP
Fxstreet
Wed, Mar 11
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