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EUR/USD Price Forecast: 1.1655 acts as key barrier for Euro bulls
The EUR/USD pair trades 0.18% lower to near 1.1635 during the European trading session on Tuesday. The major currency pair faces selling pressure as the US Dollar (USD) resumes its upside journey amid firm expectations that the Federal Reserve (Fed) will not cut interest rates this year.Fxstreet
Tue, May 19
Silver Price Forecast: XAG/USD remains subdued near $76.50 as Trump delays Iran strike
Silver price (XAG/USD) depreciates after registering 2.36% of gains in the previous day, trading around $76.30 during the Asian hours on Tuesday. Safe-haven demand for Silver fades as risk aversion eases after US President Donald Trump announced he was delaying a planned military strike on Iran.
Fxstreet
Tue, May 19
GBP/JPY Price Forecast: Softens to near 213.00, traders await UK jobs data
The GBP/JPY cross trades in negative territory near 213.15 during the early European session on Tuesday. The stronger-than-expected Japan Gross Domestic Product (GDP) report for the first quarter (Q1) provides some support to the Japanese Yen (JPY) and acts as a headwind for the cross.
Fxstreet
Tue, May 19
USD/JPY Price Forecast: Holds around 159.00, nearly three-week top amid geopolitical risks
The USD/JPY pair trades with positive bias for the seventh straight day and is currently placed around its highest level in nearly three weeks, with bulls looking to extend the momentum beyond the 159.00 mark.
Fxstreet
Tue, May 19
Swiss Franc weakens as USD receives support from rising odds of Fed hawkish stance
USD/CHF recovers its recent losses registered in the previous day, trading around 0.7860 during the Asian hours on Tuesday. The pair appreciates as the US Dollar (USD) draws support from expectations of a more hawkish outlook from the US Federal Reserve (Fed).
Fxstreet
Tue, May 19
New Zealand Dollar declines against US Dollar despite hopes of US-Iran deal
The New Zealand Dollar (NZD) resumes its downside journey against the US Dollar (USD) on Tuesday after a recovering move the previous day, trading 0.33% lower to near 0.5855 during the Asian trading session.
Fxstreet
Tue, May 19
Euro struggles against Japanese Yen despite hawkish ECB tone
EUR/JPY inches lower after registering modest gains in the previous day, trading around 185.10 during the Asian hours on Tuesday. The currency cross declines as the Euro (EUR) weakens amid persistent uncertainty in the Middle East surrounding Iran.
Australian Dollar weakens despite hawkish RBA; AUD/USD slips below 0.7150 on firmer USD
The AUD/USD pair struggles to capitalize on the previous day's modest recovery from the 0.7120-0.7115 region, or over a two-week low, and meets with a fresh supply during the Asian session on Tuesday.
Fxstreet
Tue, May 19
Euro weakens below 1.1650 as Iran uncertainty supports US Dollar
The EUR/USD pair trades in negative territory around 1.1645 during the early Asian trading hours on Tuesday. The Euro (EUR) softens against the US Dollar (USD) amid persistent uncertainty in the Middle East surrounding Iran.Fxstreet
Tue, May 19
Japanese Yen remains subdued despite stronger-than-expected GDP data
USD/JPY extends its gains for the seventh consecutive day, trading around 159.00 during the Asian hours on Tuesday. The currency pair appreciates as the Japanese Yen (JPY) remains subdued despite stronger-than-expected preliminary economic growth data from Japan.Fxstreet
Tue, May 19
Canadian Dollar slips as Iran peace hopes cap Oil; USD/CAD climbs to 1.3750 on firmer USD
The USD/CAD pair edges higher during the Asian session on Tuesday, stalling the previous day's modest pullback from the vicinity of a one-month peak, around the 1.3765 region, touched last week.Fxstreet
Tue, May 19
Pound Sterling Rides the Gilt Rout While Westminster Wobbles
Cable bottomed at the 1.33 handle in Asian trade and ground higher through London and New York to close back above the 1.34 handle, a session range of roughly 150 pips and a textbook reclaim of the 200-day exponential moving average on the daily chart.Fxstreet
Tue, May 19
Japanese Yen has quietly erased the intervention rally
The Yen drifted toward the 159.00 zone through Monday's session and closed close to 158.80, marking a sixth straight losing day against a US Dollar that just refuses to peak. The price action itself was unremarkable, a 60-pip range on the day, but the trajectory is striking.Fxstreet
Mon, May 18
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