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AUD/JPY Price Forecast: Jumps to near two-week high above 110.50, bullish momentum prevails
The AUD/JPY cross jumps to near its two-week high around 110.70 during the early European session on Wednesday. The Aussie strengthens against the Japanese Yen (JPY) on hotter-than-expected Australian inflation data, which raises bets for a May rate hike from the Reserve Bank of Australia (RBA).
AUD/JPY
Fxstreet
Wed, Feb 25
Australian Dollar surges as inflationary pressures accelerate further
The Australian Dollar (AUD) outperforms its major currency peers, trades 0.7% higher above 0.7100 during the late Asian trading session on Wednesday.
AUD/USD
Fxstreet
Wed, Feb 25
EUR/JPY Price Forecast: Eyes 184.00 barrier after breaking above moving averages
EUR/JPY gains ground for the second successive session, trading around 183.70 during the Asian hours on Wednesday.
EUR/JPY
Fxstreet
Wed, Feb 25
USD/INR consolidates at open ahead of US-Iran nuclear talks
The Indian Rupee (INR) trades flat in the opening trade against the US Dollar (USD) on Wednesday.
Fxstreet
Wed, Feb 25
USD/CHF weakens below 0.7750 as Trump's speech weigh on US Dollar
The USD/CHF pair trades in negative territory near 0.7730 during the early European session on Wednesday. The US Dollar (USD) weakens against the Swiss Franc (CHF) after US President Donald Trump delivered his annual State of the Union address to Congress on Wednesday.
USD/CHF
Fxstreet
Wed, Feb 25
Pound Sterling remains stronger above 1.3500 following Trump’s State of the Union
GBP/USD remains in the positive territory for the fourth successive session, trading around 1.3510 during the Asian hours on Wednesday.
GBP/USD
Fxstreet
Wed, Feb 25
EUR/USD rises to 1.1800 neighborhood amid renewed USD selling and trade uncertainties
The EUR/USD pair regains positive traction during the Asian session on Wednesday and jumps to the 1.1800 neighborhood in the last hour, reversing the previous day's modest losses.
EUR/USD
Fxstreet
Wed, Feb 25
USD/JPY steadies near 156.00 following Trump’s SOTU
USD/JPY loses ground after registering gains in the previous session, trading around 155.90 during the Asian hours on Wednesday.
USD/JPY
Fxstreet
Wed, Feb 25
NZD/USD rises to near 0.5980 as US Dollar corrects after Trump’s SOTU speech
The NZD/USD pair trades 0.16% higher to near 0.5980 during the Asian trading session on Wednesday.
NZD/USD
Fxstreet
Wed, Feb 25
Canadian Dollar flat lines vs. USD as traders eye Trump’s SOTU speech for fresh impetus
The USD/CAD pair trades with a mild negative bias during the Asian session on Wednesday, though it lacks bearish conviction and remains close to the monthly peak touched the previous day.
USD/CAD
Fxstreet
Wed, Feb 25
PBOC sets USD/CNY reference rate at 6.9321 vs. 6.9414 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Wednesday at 6.9321 compared to the previous day's fix of 6.9414 and 6.8824 Reuters estimate.
USD/CNH
Fxstreet
Wed, Feb 25
Silver Price Forecast: XAG/USD falls to near $87.00 due to China-driven liquidation
Silver price (XAG/USD) continues to lose ground for the second successive session, trading around $87.20 per troy ounce during the Asian hours on Wednesday.
Silver
Fxstreet
Wed, Feb 25
Australian Dollar edges higher after Australian CPI; focus shifts to Trump’s SOTU speech
The AUD/USD pair edges higher following the release of the latest Australian consumer inflation figures, though it lacks follow-through buying and remains confined in a familiar range held over the past two weeks or so.
AUD/USD
Fxstreet
Wed, Feb 25
EUR/USD softens below 1.1800 on Fed hawkish remarks
The EUR/USD pair edges lower to around 1.1775 during the early Asian session on Wednesday, pressured by a renewed US Dollar (USD) demand. Traders await the US President Donald Trump's State of the Union address later on Wednesday for clarity on fiscal policies.
EUR/USD
Fxstreet
Wed, Feb 25
GBP/USD stalls as Bailey flags services inflation
GBP/USD was essentially flat on Tuesday, drifting around 1.3500 in a quiet session.
GBP/USD
Fxstreet
Tue, Feb 24
USD/JPY surges as Takaichi pushes back on BoJ rate hikes
USD/JPY jumped about 0.7% on Tuesday, rallying sharply to around 155.86 in a session driven almost entirely by Japanese Yen weakness.
USD/JPY
Fxstreet
Tue, Feb 24
NZD/USD drifts lower as rate hike expectations fade
NZD/USD slipped 0.14% on Tuesday, settling close to 0.5960 in a narrow session. The pair is trading above its key moving averages, but bullish momentum has waned.
NZD/USD
Fxstreet
Tue, Feb 24
AUD/JPY Price Forecast: Jumps towards 110.00 on JPY weakness
The AUD/JPY surges late in the North American session, up by over 0.83% as the Japanese Yen weakens as PM Takaichi expressed stronger resistance to further tightening by the Bank of Japan, led by Governor Ueda.
AUD/JPY
Fxstreet
Tue, Feb 24
AUD/USD consolidates below three-year highs ahead of key CPI
AUD/USD edged higher by less than 0.1% on Tuesday, trading in a narrow range around 0.7060.
AUD/USD
Fxstreet
Tue, Feb 24
GBP/JPY Price Forecast: Jumps as PM Takaichi flags BoJ hike concerns
The Pound Sterling advances versus the Japanese Yen, in the aftermath of comments that the Japanese PM Takaichi expressed her concerns about additional rate hikes to Bank of Japan Governor Kazuo Ueda, as the central bank seems poised to resume its normalization of monetary policy.
GBP/JPY
Fxstreet
Tue, Feb 24
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