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NZD/USD: Likely to test 0.5800 before pulling back – UOB Group
There is scope for New Zealand Dollar (NZD) to test 0.5800 before the risk of a pullback increases. In the longer run, the price action continues to suggest a higher NZD; the levels to watch are 0.5800 and 0.5835, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Dec 8
AUD/USD: Likely to trade in a higher range of 0.6625/0.6655 – UOB Group
Australian Dollar (AUD) is likely to trade in a higher range of 0.6625/0.6655. In the longer run, further AUD strength is not ruled out; it remains to be seen if 0.6685 is within reach, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Dec 8
AUD/JPY trades close to 16-month high near 103.20 ahead of RBA's policy
The AUD/JPY pair demonstrates strength near a fresh 16-month high around 103.20 during the European trading session on Monday. The cross trades firmly as the Australian Dollar (AUD) outperforms its peers ahead of the monetary policy announcement by the Reserve Bank of Australia (RBA) on Tuesday.
Fxstreet
Mon, Dec 8
GBP/JPY Price Forecast: Bulls are testing 207.35 resistance area
The Pound has opened the week on a mild positive note, while the Japanese Yen drops across the board amid the positive market mood. The pair is trending higher, after bouncing at 206.20 lows on Friday, with bulls eyeing 17-month highs, at 207.35.The fundamental context remains pound-supportive.
Fxstreet
Mon, Dec 8
FOREX-Dollar eases as investors gear up for tricky Fed decision
'Hawkish cut' expected for FedRates seen on hold in Australia, Canada, Switzerland and BrazilAussie dollar hits 2-1/2-month high as hike swings into viewEuro rises; ECB official says next move may even be a hikeBy Tom Westbrook and Amanda Cooper SINGAPORE/LONDON, Dec 8 (Reuters) - The...Reuters
Mon, Dec 8
ECB’s Rehn: Supports meeting by meeting approach
European Central Bank (ECB) Governing Council member and Finnish central bank governor, Olli Rehn, said in an interview with Econostream during the European trading session on Monday that downside risks to inflation in the Eurozone economy are dominating at the moment.Fxstreet
Mon, Dec 8
EUR/GBP strengthens to near 0.8750 on upbeat German Industrial Production data
The EUR/GBP cross gains traction to near 0.8750, snapping the three-day losing streak during the early European trading hours on Monday. The Euro (EUR) edges higher against the Pound Sterling (GBP) after the German Industrial Production data.
Fxstreet
Mon, Dec 8
FOREX-Dollar soft ahead of Fed meet
'Hawkish cut' expected for FedRates seen on hold in Australia, Canada, Switzerland and BrazilAussie dollar hits 2-1/2-month high as hike swings into view SINGAPORE, Dec 8 (Reuters) - The U.S. dollar drifted lower on Monday, ahead of a week crammed with central bank meetings and headlined ...Reuters
Mon, Dec 8
