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Australian Dollar remains in the negative territory ahead of China’s CPI data
AUD/USD gains ground after opening at a bearish gap but still remains in the negative territory, trading around 0.7240 during the Asian hours on Monday. Traders await China’s Consumer Price Index (CPI) data due later in the day.
Fxstreet
Mon, May 11
British Pound pares intraday losses; bulls seem hesitant near 1.3600 on firmer USD
The GBP/USD pair rebounds nearly 50 pips following a bearish gap opening at the start of a new week and climbs back to the 1.3600 mark during the Asian session. However, a modest US Dollar (USD) strength might cap any further gains for spot prices.
Fxstreet
Mon, May 11
EUR/USD edges lower to near 1.1750 as Trump rejects new Iran peace offer
The EUR/USD pair loses momentum to around 1.1765 during the early Asian session on Monday. The Euro (EUR) softens against the US Dollar (USD) amid a cautious mood after US President Donald Trump and Iran rejected each other’s latest peace proposals to end the war in the Middle East.
Fxstreet
Sun, May 10
Brazil: IPCA shock complicates easing path – Wells Fargo
Wells Fargo Economics projects Brazil’s April IPCA inflation to rise 0.9% month-over-month and around 4.5% year-over-year, near or above the target band. Energy and food pressures are intensifying, while inflation expectations have risen.Fxstreet
Fri, May 8
USD/JPY slides toward 156.60 as safe-haven Yen gains on Middle East tensions
The USD/JPY pair fell toward the 156.60 region on Friday, as the Japanese Yen (JPY) gained modest support from safe-haven flows despite resilient United States (US) labor-market data limiting broader downside pressure on the US Dollar (USD).
Fxstreet
Fri, May 8
USD/CHF Price Forecast: Spot tests lower Bollinger band as bearish momentum builds
USD/CHF trades on the back foot on Friday and is set for a second straight weekly decline amid broad-based weakness in the US Dollar (USD). At the time of writing, the pair is trading around 0.7773, hovering near two-month lows.
Fxstreet
Fri, May 8
Euro climbs as Hormuz tensions eclipse hot US jobs report
EUR/USD edges higher during the North American session amid heightened tensions in the Middle East, even though a solid US jobs report might prevent the Fed from cutting rates in the first half of the year. The pair trades at 1.1775, up 0.44%.Fxstreet
Fri, May 8
USD/CAD climbs after Canada jobs data surprises to the downside.
USD/CAD edges higher on Friday as softer-than-expected Canadian employment data weighs on the Canadian Dollar (CAD), even as the US Dollar (USD) remains on the back foot following mixed US labor market data and hopes for a US-Iran deal to end the war.
Fxstreet
Fri, May 8
EUR/USD strengthens as mixed US labor data and hopes for a US-Iran deal pressure the Greenback.
The Euro (EUR) strengthens against the US Dollar (USD) on Friday as the Greenback remains under pressure following mixed US labor market data. At the time of writing, EUR/USD is trading around 1.1777, up roughly 0.44% on the day.Fxstreet
Fri, May 8
EUR/USD: Recovery eyes full retracement – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is modestly higher versus the Dollar, supported by risk sentiment around the US/Iran conflict despite softer German trade data and slightly reduced ECB tightening expectations.Fxstreet
Fri, May 8
USD/CHF Price Forecasts: Rejected at 0.7800, approaches two-month lows at 0.7765
The US Dollar (USD) resumes its broader bearish trend against the Swiss Franc (CHF) on Friday, reversing Thursday’s gains and reaching levels a few pips above the two-month lows of 0.7765, as the market shifts its focus to the US Nonfarm Payrolls (NFP) report, due later on Friday.Fxstreet
Fri, May 8
USD/CAD softens as jobs data loom, weaker Oil caps Canadian Dollar support
USD/CAD edges lower on Friday and trades around 1.3650 at the time of writing, snapping a two-day winning streak. However, the downside remains limited as investors prefer to stay cautious ahead of the release of the US Nonfarm Payrolls (NFP) report and Canadian employment data later in the day.Fxstreet
Fri, May 8
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