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USD/CAD Price Forecast: Remains on the defensive as bearish bias persists below 100-day EMA
The USD/CAD pair remains on the defensive around 1.3650 during the early European session on Tuesday. Rising oil prices due to Middle East tension provide some support to the commodity-linked Loonie.
Fxstreet
Tue, Apr 21
EUR/GBP keeps hovering below 0.8720 as UK employment data supports Pound
The Euro keeps treading water within a broadly 20-pip range against the British Pound (GBP). The pair retreated from session highs at 0.8713, amid upbeat UK unemployment figures, and remains moving without a clear bias, with downside attempts contained above 0.8700 and bulls limited below 0.8720.
Fxstreet
Tue, Apr 21
Pound Sterling attracts bids as UK Unemployment Rate drops to 4.9%
The Pound Sterling’s (GBP) initial reaction remains positive against its major currency peers after the release of the United Kingdom (UK) labor market data for the three months ending February. The GBP/USD pair is still marginally down to near 1.3525 during the European trading session on Tuesday.
Fxstreet
Tue, Apr 21
NZD: Stagflation risks weigh on kiwi – Commerzbank
Commerzbank’s Volkmar Baur notes New Zealand inflation at 3.1% year-on-year, slightly above the Reserve Bank of New Zealand (RBNZ) target, and warns that higher energy prices could push it further. He sees a possible rate hike in late May, which might briefly support the New Zealand Dollar (NZD).
Fxstreet
Tue, Apr 21
AUD/JPY Price Forecast: Softens below 114.00, while bullish bias prevails above 100-day EMA
The AUD/JPY cross edges lower to around 113.95 during the early European session on Tuesday. The Japanese Yen (JPY) gathers strength against the Australian Dollar (AUD) as markets turn cautious ahead of potential US-Iran peace talks.
Fxstreet
Tue, Apr 21
NZD/USD jumps above 0.5900 as Iran agrees for another round of talks with US
The NZD/USD pair trades 0.3% higher above 0.5900 during the Asian trading session on Tuesday. The Kiwi pair gains as the market sentiment turns risk-on due to reports claiming that Iran has agreed to another round of peace talks with the United States (US).Fxstreet
Tue, Apr 21
GBP/USD Price Forecast: Falls toward 1.3500 near nine-day EMA support
GBP/USD inches lower after registering modest gains in the previous day, trading around 1.3520 during the Asian hours on Tuesday. The technical analysis of the daily chart indicates an ongoing bullish bias, as the pair moves within the ascending channel pattern.Fxstreet
Tue, Apr 21
EUR/USD edges lower below 1.1800 on Iran ceasefire uncertainty
The EUR/USD pair trades with mild losses near 1.1785 during the early Asian session on Tuesday. Traders continue to digest ongoing Middle East tensions ahead of the 14-day ceasefire expiration. The ZEW Survey from Germany and the Eurozone is due later on Tuesday.
Fxstreet
Tue, Apr 21
NZD/USD gains ground above 0.5900 on hotter New Zealand CPI report
The NZD/USD pair gains momentum to around 0.5910 during the early Asian session on Tuesday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) following hotter-than-expected domestic inflation data.Fxstreet
Mon, Apr 20
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