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Japanese Yen remains on the back foot against USD after weak wages data
The Japanese Yen (JPY) remains on the defensive against its American counterpart for the third straight day after data released earlier this Thursday showed that Japan’s real wages fell in November at the fastest pace since last January.
Fxstreet
Thu, Jan 8
Australian Dollar moves little following Trade Balance data
The Australian Dollar (AUD) steadies against the US Dollar (USD) on Thursday following Australia’s Trade Balance data, which showed that trade surplus narrowed to 2,936M MoM in November versus 4,353M (revised from 4,385M) in the previous reading.
Fxstreet
Thu, Jan 8
GBP/JPY Price Analysis: Pulls back below 211, momentum shifts bearish
The GBP/JPY retreated for the second consecutive day on Wednesday after hitting a yearly high of 212.16 on Tuesday, dives below 211.00 and posted losses of 0.27%. As Thursday’s Asian session begins, the pair trades unchanged at 210.85.
Fxstreet
Wed, Jan 7
USD/JPY steady as mixed US data, BoJ hawkishness shape sentiment
USD/JPY trades around 156.60 on Wednesday at the time of writing, virtually unchanged on the day, as the US Dollar (USD) struggles to extend its rebound following mixed US economic releases, while the Japanese Yen (JPY) benefits from a more defensive tone in Asian markets.Fxstreet
Wed, Jan 7
US Dollar stabilizes on mixed US data, Canadian Dollar weighed by Oil decline
USD/CAD trades around 1.3820 on Wednesday at the time of writing, up 0.10% on the day, supported by a modest rebound in the US Dollar (USD) amid mixed US economic data and persistent weakness in the Canadian Dollar (CAD).Fxstreet
Wed, Jan 7
EUR/USD holds steady as mixed US data reinforces cautious Fed outlook
The Euro trades little changed against the US Dollar on Wednesday, as traders show a muted reaction to a mixed batch of US economic data. At the time of writing, EUR/USD is trading around 1.1691, consolidating after losing around 0.3% on Tuesday.Fxstreet
Wed, Jan 7
GBP/USD stalls near 1.3500 as strong US data, risk-off mood bite
The Pound Sterling is down 0.10% during the day amid a scarce economic docket in the UK and following a good employment report in the United States. At the time of writing, the GBP/USD trades at 1.3486 after hitting a daily high of 1.3517.Fxstreet
Wed, Jan 7
AUD/USD Price Forecast: Overbought RSI flags pullback risk as uptrend holds
The Australian Dollar (AUD) trades flat against the US Dollar (USD) on Wednesday, with AUD/USD easing back after an initial advance triggered by Australia’s latest inflation data. At the time of writing, the pair is trading around 0.6738, holding near 15-month highs.Fxstreet
Wed, Jan 7
CAD steadies near 1.38 as USD sets the tone – Scotiabank
The Canadian Dollar (CAD) drifted a little lower in quiet overnight trade but appears to have steadied around 1.38 ahead of the North American open. Trends continue to reflect the broader tone of the USD, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Wed, Jan 7
GBP/JPY Price Forecast: Buyers remain in control despite near-term consolidation
The British Pound (GBP) ticks lower against the Japanese Yen (JPY) on Wednesday, extending losses for a second straight day. At the time of writing, GBP/JPY trades around the 211.00 psychological mark, down nearly 0.20%.Fxstreet
Wed, Jan 7
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