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EUR/JPY Price Forecast: Flatlines with neutral technical outlook as traders eye intervention risks
The EUR/JPY cross trades on a flat note around 184.75 during the early European session on Thursday.
EUR/JPY
Fxstreet
Thu, May 21
EUR/USD Price Forecast: Consolidates above 1.1600 as Iran risks, hawkish Fed support USD
The EUR/USD pair struggles to capitalize on the previous day's bounce from the 1.1585-1.1580 region, or its lowest level since April 7, and seesaws between tepid gains/minor losses during the Asian session on Thursday.
EUR/USD
Fxstreet
Thu, May 21
Swiss Franc declines as US Dollar advances on US-Iran uncertainty
USD/CHF edges higher after registering modest losses in the previous day, trading around 0.7870 during the Asian hours on Thursday. The pair appreciated as the US Dollar (USD) maintains its footing, driven by a complex mix of geopolitical developments and hawkish monetary policy signals.
USD/CHF
Fxstreet
Thu, May 21
USD/JPY Price Forecast: Trades flat near 159.00 as investors seek fresh developments on Iran war
The USD/JPY pair trades calmly around 159.00 during the Asian trading session on Thursday. The pair turns sideways as investors await fresh developments regarding negotiations between the United States (US) and Iran, after President Donald Trump stated on Wednesday that talks are in “final stages”.
USD/JPY
Fxstreet
Thu, May 21
British Pound trades flat as cooling UK inflation, Iran tensions cap upside
The GBP/USD pair holds steady around 1.3435 during the Asian trading hours on Thursday. However, a sharp slowdown in UK inflation and uncertainty surrounding US–Iran talks could weigh on the British Pound (GBP) against the US Dollar (USD).
GBP/USD
Fxstreet
Thu, May 21
Australian Dollar falls toward 0.7100 as Unemployment Rate climbs in April
AUD/USD depreciates after registering over 0.5% gains in the previous day, trading around 0.7120 during the Asian hours on Thursday. The pair depreciates as the Australian Dollar (AUD) declines following the release of softer Australian labor market data.
AUD/USD
Fxstreet
Thu, May 21
Australian Dollar slides back closer to one-week low vs NZD on dismal Aussie jobs report
The AUD/NZD cross meets with a fresh supply during the Asian session on Thursday and slides closer to the previous day's low, around the 1.2150 region in reaction to the disappointing Australian employment data.
AUD/NZD
Fxstreet
Thu, May 21
PBOC sets USD/CNY reference rate at 6.8349 vs. 6.8397 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.8349 compared to the previous day's fix of 6.8397 and 6.7955 Reuters estimate.
USD/CNH
Fxstreet
Thu, May 21
Canadian Dollar struggles as oil prices stabilize following a sharp decline
USD/CAD inches higher for the third consecutive day, trading around 1.3750 during the Asian hours on Thursday.
USD/CAD
Brent
Fxstreet
Thu, May 21
Euro flatlines above 1.1600 amid hawkish Fed stance, Iran deal uncertainty
The EUR/USD pair trades flat near 1.1625 during the early Asian session on Thursday. The potential upside for the major pair might be limited, as uncertainty surrounding US–Iran talks could boost the safe-haven assets.
EUR/USD
Fxstreet
Thu, May 21
Australian Dollar Softens to Near 0.7150 on Weak Pmis, US Iran Tensions
The AUD/USD pair loses ground to near 0.7150 during the early Asian session on Thursday. The downbeat Australian economic data and safe-haven flows weigh on the Australian Dollar (AUD) against the US Dollar (USD).
AUD/USD
Fxstreet
Thu, May 21
Pound Sterling shrugs off its own disinflation
Pound Sterling did something faintly absurd on Wednesday. Hours after data showed UK inflation cooling faster than anyone expected, and with the Bank of England (BoE) governor sounding notably dovish in an afternoon speech, the pound rallied anyway.
GBP/USD
Fxstreet
Wed, May 20
Japanese Yen catches a break, no thanks to the BoJ
The Japanese Yen ended Wednesday firmer, and if you only watched the price you might think something had shifted at the Bank of Japan (BoJ). It hasn't.
USD/JPY
Fxstreet
Wed, May 20
New Zealand Dollar rises as improving market sentiment pressures the US Dollar
The NZD/USD pair climbs toward the 0.5870 region on Thursday as the United States (US) Dollar (USD) weakens amid improving market sentiment linked to renewed US-Iran negotiations and a softer safe-haven tone following the latest Federal Open Market Committee (FOMC) Minutes.
NZD/USD
Fxstreet
Wed, May 20
Euro rebounds as Iran-US talks weigh on the US Dollar
The Euro seems to have bottomed below 1.1600 and has edged higher during the day amid growing speculation of a US-Iran deal and a hawkish Federal Reserve at April’s monetary policy meeting. The EUR/USD exchange rate is trading at 1.1622, up 0.19%.
EUR/USD
Fxstreet
Wed, May 20
USD/CHF weakens amid renewed US-Iran negotiations ahead of FOMC Minutes
The USD/CHF drops toward the 0.7875 region on Wednesday as the US Dollar (USD) loses footing amid improving market sentiment linked to renewed US-Iran negotiations.
USD/CHF
Fxstreet
Wed, May 20
Russia Producer Price Index (YoY) climbed from previous -7.8% to 5.5% in April
Russia Producer Price Index (YoY) climbed from previous -7.8% to 5.5% in April
Fxstreet
Wed, May 20
Russia Producer Price Index (MoM): 6.1% (April) vs 2%
Russia Producer Price Index (MoM): 6.1% (April) vs 2%
Fxstreet
Wed, May 20
British Pound rebounds as Iran deal hopes sink USD
The GBP/USD posts gains of over 0.30% during the North American session as the Greenback turns negative for the day amid optimism about US-Iran talks that could end the conflict, which has lasted nearly 11 weeks.
GBP/USD
Fxstreet
Wed, May 20
EUR/USD Price Forecast: 1.1600 support holds as bearish momentum lingers
EUR/USD stages a modest rebound on Wednesday as a pullback in US Treasury yields limits further upside in the US Dollar (USD), while the Euro (EUR) draws support from the latest Eurozone inflation data, which strengthened expectations that the European Central Bank (ECB) could raise interest rates s
EUR/USD
US Dollar Index
Fxstreet
Wed, May 20
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