News
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NZD/USD: Likely to trade in a range between 0.5910 and 0.5950 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.5910 and 0.5950. In the longer run, NZD has likely entered a 0.5880/0.5980 consolidation phase, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Aug 18
GBP/JPY Price Forecast: Hesitation below 200.00 with upside bias intact
The Pound posted moderate gains on Monday, correcting higher after the last two days’ reversal. The pair, however, remains trapped within a tight range below the 200.00 psychological level, halfway through last week’s trading range.The fundamental outlook is mixed.
Fxstreet
Mon, Aug 18
AUD/USD: Likely to trade between 0.6490 and 0.6530 – UOB Group
Australian Dollar (AUD) appears to have entered a range-trading phase between 0.6490 and 0.6530. In the longer run, AUD is still trading in a range, probably between 0.6455 and 0.6555, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Aug 18
CAD firms modestly with commodity peers but holds range – Scotiabank
The Canadian Dollar (CAD), with the Australian Dollar (AUD) and New Zealand Dollar (NZD), are mild outperformers on the session so far today, bringing some minor relief for the CAD on the crosses, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
Mon, Aug 18
GBP/USD: Likely to consolidate between 1.3520 and 1.3585 – UOB Group
Pound Sterling (GBP) is likely to consolidate between 1.3520 and 1.3585. In the longer run, outlook for GBP remains positive, and it may rise to 1.3620; the chances of it reaching 1.3660 this time around are more limited, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Aug 18
FOREX-Dollar firms heading into busy week of geopolitics and Fed speak
Odds of Fed cut in September a tad lower at 83%Zelenskiy flies to Washington on Monday to meet TrumpFocus on Fed's Jackson Hole symposium for rate cluesBy Jaspreet Kalra MUMBAI, Aug 18 (Reuters) - The dollar gained on Monday ahead of a meeting between U.S. President Donald Trump and his Ukrai...Reuters
Mon, Aug 18
EUR/USD: Any advance may be limited to a test of 1.1730 – UOB Group
Euro (EUR) could continue to rebound, but any advance may be limited to a test of 1.1730. Outlook is mixed; for the time being, EUR is likely to trade in a range of 1.1630/1.1755, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Aug 18
INDIA RUPEE-Rupee ends higher alongside local equities; premiums, volatility flat
By Nimesh Vora MUMBAI, Aug 18 (Reuters) - The Indian rupee rose on Monday, boosted by the rally in local equities on Prime Minister Narendra Modi's planned tax cuts, while forward premiums and volatility expectations barely budged following the Trump-Putin meeting.The rupee settled at 87.35 ...Reuters
Mon, Aug 18
USD/JPY treads water below 148.50 amid a moderate risk aversion
The US Dollar bounced up against the Japanese Yen on Friday, but upside attempts have been capped below 148.50 on Monday, with trading volumes at low levels, as investors await the outcome of a meeting between Trump and Zelenskyy in Washington.Markets are showing a cautious tone, concerned about a l
Fxstreet
Mon, Aug 18
AUD/USD trades steadily around 0.6500 as Trump-Zelenskyy meet takes centre stage
The AUD/USD pair trades broadly stable around 0.6500 during the European trading session on Monday. The Aussie pair consolidates as investors await the meeting between United States (US) President Donald Trump and Ukrainian President Volodymyr at the White House during the day.Fxstreet
Mon, Aug 18
CEE MARKETS-Currencies ease ahead of Washington talks on Ukraine
WARSAW, Aug 18 (Reuters) - Central and Eastern European currencies eased on Monday as European and Ukrainian leaders headed to Washington for talks on Russia's war in Ukraine following Friday's meeting between U.S. President Donald Trump and Russia's Vladimir Putin.The dollar gained agai...Reuters
Mon, Aug 18
Sterling treads water as markets await Ukraine talks, UK CPI
By Jaspreet KalraAug 18 (Reuters) - Sterling treaded water against the dollar on Monday as investors focused on a pending meeting between U.S. President Donald Trump and leaders from Ukraine and Europe as well as UK consumer inflation data due later in the week. Sterling GBP=D3 was flat at $1.3547 o...Reuters
Mon, Aug 18
FOREX-Dollar firms heading into busy week of geopolitics and Fed speak
Odds of Fed cut in September a tad lower at 85%Zelenskiy flies to Washington on Monday to meet TrumpFocus on Fed's Jackson Hole symposium for rate cluesBy Jaspreet Kalra and Rae Wee SINGAPORE, Aug 18 (Reuters) - The dollar gained against the euro and sterling on Monday ahead of a meeting betw...Reuters
Mon, Aug 18
