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USD/CHF Price Forecast: Hovering around 0.7800 as bears lose steam
The US Dollar (USD) posts moderate losses against the Swiss Franc (CHF) on Wednesday, but remains trading within previous ranges, with price action fluctuating around 0.7800, halfway through the weekly trading band.
Fxstreet
Wed, Apr 22
EUR/USD hesitates around 1.1750 with Iran’s ceasefire faltering
The Euro (EUR) posts marginal gains against the US Dollar (USD) on Wednesday. The pair, however, remains near the bottom of the last few days’ trading range, around 1.1750, as hopes of a positive outcome from the US-Iran peace negotiations vanish.US President Trump has extended the ceasefire unilat
Fxstreet
Wed, Apr 22
GBP/JPY drops to near 215.00 as UK core CPI cools down
The GBP/JPY pair falls to near 215.10 during the European trading session on Wednesday. The pair drops as the Pound Sterling (GBP) faces selling pressure as the United Kingdom (UK) core Consumer Price Index (CPI) data for March arrives lower than estimates.
Fxstreet
Wed, Apr 22
USD/JPY Price Forecast: Flirts with 100-hour EMA support, above 159.00 amid softer USD
The USD/JPY pair adds to its modest intraday losses and moves further away from over a one-week high, around the 159.70 region, touched the previous day. Spot prices drop to the 159.00 neighborhood, or a fresh daily low, during the early European session, though the downside potential seems limited.
Fxstreet
Wed, Apr 22
NZD/USD advances above 0.5900 on Iran ceasefire extension, hot NZ inflation data
The NZD/USD pair gathers strength to near 0.5915 during the early European session on Wednesday. The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) after US President Donald Trump says the US is extending the ceasefire with Iran at Pakistan's request.
Fxstreet
Wed, Apr 22
Pound Sterling faces pressure as UK core, services inflation cools down
The Pound Sterling (GBP) faces slight selling pressure against its major currency peers after the release of the United Kingdom (UK) Consumer Price Index (CPI) data for March. The British currency drops to near 1.3518 against the US Dollar (USD), but still holds little gains.
Fxstreet
Wed, Apr 22
AUD/JPY Forecast: Drifts higher above 114.00, bullish momentum persists above 100-day EMA
The AUD/JPY cross gains momentum to around 114.05 during the early European session on Wednesday. The Australian Dollar (AUD) edges higher against the Japanese Yen (JPY) on a hawkish tone from the Reserve Bank of Australia (RBA).Fxstreet
Wed, Apr 22
USD/CAD Price Forecast: Holds above 1.3650 as softer Oil prices counter USD weakness
The USD/CAD pair fails to capitalize on the previous day's modest recovery from the 1.3630 region, or its lowest level since March 13, and remains on the back foot during the Asian session on Wednesday.
Fxstreet
Wed, Apr 22
Australian Dollar edges higher as Trump extends ceasefire with Iran
The AUD/USD pair trades in positive territory near 0.7160 during the Asian trading hours on Wednesday. However, the potential upside for the pair might be limited amid uncertainty regarding Iran's participation in further peace talks.Fxstreet
Wed, Apr 22
USD/CHF trades flat near 0.7800 as investors await Iran’s remarks on ceasefire extension
The USD/CHF pair trades in a tight range around 0.7800 during the Asian trading session on Wednesday. The Swiss Franc pair consolidates as investors await remarks from Iran regarding the announcement of the ceasefire extension by the United States (US).Fxstreet
Wed, Apr 22
EUR/JPY Price Forecast: Remains above 187.00 as bullish bias prevails
EUR/JPY remains subdued for the second successive day, trading around 187.10 during Asian hours on Wednesday. The technical analysis of the daily chart indicates the currency cross is remaining within an ascending channel, signaling a persistent bullish bias.
Fxstreet
Wed, Apr 22
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