Search
News
NZD/USD backslides as risk-off pressure builds
NZD/USD fell over 0.7% on Thursday, settling close to 0.5900 and touching its lowest level since late January. The pair has now given back the bulk of its February gains, with a series of lower highs since peaking near 0.6090 in early February pointing to fading bullish momentum.
Fxstreet
Thu, Mar 5
AUD/USD slides nearly 1% to test the 0.7000 handle
AUD/USD fell about 1% on Thursday, wrapping the day up near the 0.7010 level after testing below the key 0.7000 handle intraday. The pair has now pulled back sharply from Tuesday's bounce, with two consecutive bearish sessions erasing most of the week's early gains.
Fxstreet
Thu, Mar 5
EUR/USD weakens toward 1.1600 as firm US data revives the US Dollar
The EUR/USD edged lower on Thursday, down some 0.21% as market sentiment remains risk averse due to the ongoing conflict in the Middle East. This and solid US economic data pushed the pair lower towards the 1.1600 figure ahead of Friday’s session
Fxstreet
Thu, Mar 5
USD/JPY Price Forecast: Bulls defend 157.00 as upside-pressure builds
USD/JPY advanced on Thursday during the North American session, up by nearly 0.30% as the Greenback is boosted by risk appetite deterioration, solid US jobs data and hawkish comments by the Richmond Fed President Thomas Barkin.
Fxstreet
Thu, Mar 5
USD/MXN jumps above 17.70 as Middle East war spurs risk-off
The Mexican Peso depreciates sharply as hostilities intensify in the Middle East, triggering a flight to safety, which underpinned the US Dollar. Additionally, solid jobs data in the US decreased the chances that the Federal Reserve might cut rates twice this year.
Fxstreet
Thu, Mar 5
GBP/USD slumps as strong US jobs data lifts US Dollar
The Pound Sterling resumed its downtrend during the week, courtesy of heightened tensions in the Middle East and solid US employment data ahead of Friday's Nonfarm Payrolls report. At the time of writing, the GBP/USD trades at 1.3337, down 0.25%.Fxstreet
Thu, Mar 5
JPY: BoJ path supports firmer Japanese Yen – MUFG
MUFG’s Senior Currency Analyst Lee Hardman highlights that the Japanese Yen has held up relatively well despite the energy price shock, supported by expectations that the BoJ remains on track to raise rates, potentially as soon as April.Fxstreet
Thu, Mar 5
NZD/USD declines as stronger US Dollar, RBNZ rate outlook weigh
NZD/USD trades lower around 0.5920 on Thursday at the time of writing, down 0.32% on the day, as the pair remains under pressure from a broadly firmer US Dollar (USd) and shifting expectations around New Zealand’s monetary policy outlook.Fxstreet
Thu, Mar 5
EUR/JPY declines as safe-haven demand supports Yen, Euro faces mixed signals
EUR/JPY edges lower around 182.60 on Thursday at the time of writing, down 0.14% on the day, as the pair remains under pressure while the Japanese Yen (JPY) benefits from renewed safe-haven demand amid geopolitical crisis.
Fxstreet
Thu, Mar 5
Eurozone Retail Sales unexpectedly drops 0.1% MoM in January
Eurozone Retail Sales, a key measure of consumer spending, surprisingly falls by 0.1% month-on-month (MoM) in January, while it was expected to grow 0.3%. In December, the consumer spending measure rose by 0.2%, revised positive from -0.5%.Fxstreet
Thu, Mar 5
Featured Tools
Top News
Jensen Huang Endorsement, Marvell Technology to Become Next Trillion-Dollar Chip Stock.
Meta Platforms Inc Stock (META) Moved Down by 3.31% on Jun 1: Facts Behind the Movement
Amazon.com Inc Stock (AMZN) Moved Down by 3.16% on Jun 1: What Investors Need To Know
ServiceNow Inc Stock (NOW) Moved Up by 8.60% on Jun 1: What Investors Need To Know
Samsung Electronics Rises Nearly 10% to New High, Overtaking Micron to Top Automotive Memory Market
