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NZD/USD: Likely to trade in a range between 0.5725 and 0.5755 – UOB Group
Quiet price action provides no fresh clues; New Zealand Dollar (NZD) is likely to trade in a range between 0.5725 and 0.5755. In the longer run, for the time being, NZD is likely to trade in a range between 0.5720 and 0.5805, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Jan 15
JPY intervention risk grows as USD/JPY nears 160 – OCBC
Speculation is intensifying that Japanese authorities may intervene as USD/JPY approaches the critical 160 level, with investors increasingly testing whether warnings will be backed by action, OCBC's FX analysts Sim Moh Siong and Christopher Wong note.
Fxstreet
Thu, Jan 15
EUR/GBP retreats towards the 0.8650 area following upbeat UK data
The Euro has given up daily gains against a buoyant British Pound, following stronger-than-expected UK Gross Domestic Product figures. The pair has pulled back from session highs near 0.8670 to approach the 0.8650 area, turning negative on the daily chart.
Fxstreet
Thu, Jan 15
GBP/USD: Likely to trade sideways between 1.3410 and 1.3460 – UOB Group
Momentum indicators are turning flat; Pound Sterling (GBP) could trade sideways between 1.3410 and 1.3460. In the longer run, GBP is likely in a range-trading phase between 1.3390 and 1.3520, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Jan 15
Silver Price Forecast: XAG/USD slips below $89.50 as safe-haven demand fades
Silver price (XAG/USD) retreated after reaching a fresh record high of $93.90 during Asian hours earlier, currently trading around $89.40 per troy ounce, down by more than 4% during the European hours on Thursday. The grey metal retreated amid easing geopolitical concerns.
Fxstreet
Thu, Jan 15
GBP/JPY recovers early losses as UK GDP returns to growth
The GBP/JPY pair claws back its early losses and turns slightly positive to near 213.20 during the European trading session on Thursday. The pair attracts bids as the Pound Sterling (GBP) gains, following the release of the United Kingdom (UK) monthly Gross Domestic Product (GDP) data for November.
Fxstreet
Thu, Jan 15
AUD/USD Price Forecast: Stays below nine-day EMA near 0.6700
The AUD/USD pair remains steady for the second successive session, trading around 0.6680 during the European hours on Thursday. The daily chart’s technical analysis indicated a weakening bullish bias as the pair remains positioned slightly below the ascending channel pattern.Fxstreet
Thu, Jan 15
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