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AUD/USD Price Forecast: Holds above 0.7150; remains confined in two-week-old range
The AUD/USD pair struggles to capitalize on the previous day's goodish rebound from sub-0.7100 levels, or a one-week low, and oscillates in a range during the Asian session on Friday. Spot prices, however, hold above 0.7150 and seem poised to register modest gains for the first time in three weeks.
Fxstreet
Fri, May 29
Canadian Dollar holds steady with US-Iran ceasefire progress and Canada GDP in focus
The USD/CAD pair trades on a flat note around 1.3785 during the early Asian trading hours on Friday. Traders continue to assess the developments surrounding the US-Iran agreement to extend a ceasefire.
Fxstreet
Fri, May 29
New Zealand Dollar hits over two-week top vs USD on Iran peace deal optimism, hawkish RBNZ
The NZD/USD pair is seen building on this week's solid bounce from a technically significant 200-day Simple Moving Average (SMA) support near the 0.5835 region and gaining positive traction for the third successive day on Friday.
Fxstreet
Fri, May 29
Euro edges higher above 1.1650 on tentative US-Iran ceasefire progress
The EUR/USD pair posts modest gains near 1.1655 during the early Asian session on Friday. The Euro (EUR) strengthens against the US Dollar (USD) after reports that the United States (US) and Iran had reached an agreement to extend a ceasefire.
Fxstreet
Fri, May 29
British Pound bags a soft PCE and forgets about it
The Personal Consumption Expenditures Price Index (PCE) print Sterling traders had been waiting for landed in the bears' lap, and the Pound did almost nothing with it. Core PCE rose 0.2% on the month against a 0.3% consensus, the softest monthly read in three.Fxstreet
Thu, May 28
NZD/USD Price Forecast: Breaks range, bulls target 0.5950 as RSI turns
The New Zealand Dollar advances some 0.48% on Thursday after bottoming near the 200-day Simple Moving Average (SMA) at 0.5836. Over the last two trading days, it cleared the 0.5900 milestone, supported by a hawkish hold by the Reserve Bank of New Zealand (RBNZ).Fxstreet
Thu, May 28
Japanese Yen strengthens as US-Iran truce headlines pressure the US Dollar.
The Japanese Yen (JPY) strengthens against the US Dollar (USD) on Thursday, with USD/JPY snapping a five-day winning streak as the Greenback loses traction following reports that the US and Iran had reached a preliminary agreement to extend the current truce.Fxstreet
Thu, May 28
Australian Dollar climbs as Iral deal hopes, weak US GDP sinks USD
The Australian Dollar advances some 0.25% on Thursday on reports that Iran and the US reached a deal, as economic data in the US revealed that the economy grew at a slower pace than projected. At the time of writing, the AUD/USD trades at 0.7158, after bouncing off daily lows of 0.7097.Fxstreet
Thu, May 28
British Pound bounces as US-Iran reach a deal, hitting the US Dollar
The British Pound pares some of its earlier losses and edges up by 0.08% amid reports that the US and Iran reached a deal, pending confirmation from US President Donald Trump, according to Axios. At the time of writing, the GBP/USD trades at 1.3437 after bouncing off daily lows of 1.3367.Fxstreet
Thu, May 28
Euro rebounds from intraday lows as US Dollar loses momentum after PCE data
EUR/USD trims earlier losses on Thursday as traders digest a slew of US economic data that eases demand for the US Dollar (USD) despite heightened geopolitical tensions in the Middle East. At the time of writing, the pair is trading around 1.1627, rebounding from an intraday low of 1.1586.Fxstreet
Thu, May 28
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