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USD/JPY: Outlook is mixed – UOB Group
US Dollar (USD) could edge lower; based on the current momentum, it may not reach the major support at 146.40. In the longer run, outlook is mixed; USD could trade in a range between 146.40 and 148.40, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Aug 29
EUR quiet in tight range with mixed data ahead of German CPI – Scotiabank
The Euro (EUR) is quietly consolidating within a remarkably tight range and entering Friday’s NA session unchanged from Thursday’s close, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Fri, Aug 29
NZD/USD: Major resistance at 0.5920 is unlikely to come under threat – UOB Group
New Zealand Dollar (NZD) is expected to move higher, but the major resistance at 0.5920 is unlikely to come under threat. In the longer run, the likelihood of NZD breaking above the top of the 0.5820/0.5920 range is increasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Aug 29
AUD/USD might rise above 0.6540 – UOB Group
Australian Dollar (AUD) could rise above 0.6540; it is unlikely to reach the next resistance at 0.6555. In the longer run, AUD is slightly positive, and it is likely to edge higher to 0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Aug 29
British bank shares slide on fears of new tax
LONDON, Aug 29 (Reuters) - British bank shares fell sharply on Friday after a think-tank called for a new levy on lenders and a newspaper report said industry figures were worried the government was planning to raise cash by targeting the sector.Reuters
Fri, Aug 29
GBP/USD: Chance to GBP to test 1.3545 – UOB Group
There is a chance for Pound Sterling (GBP) to test 1.3545; the major resistance at 1.3575 is unlikely to come into view. In the longer run, GBP is likely to trade in a range between 1.3395 and 1.3575, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Aug 29
Brazil starts formal process to assess US tariff retaliation
By Lisandra Paraguassu BRASILIA, Aug 28 (Reuters) - Brazil's Foreign Ministry has ordered trade body Camex to start analyzing whether a local reciprocity law could be used against the United States after U.S. President Donald Trump imposed steep tariffs on several goods from the South America...Reuters
Fri, Aug 29
NZD/USD Price Forecast: Struggles to break above 20-EMA
The NZD/USD pair holds onto gains near 0.5885 during the European trading session on Friday. The Kiwi pair demonstrates strength ahead of the United States (US) Personal Consumption Expenditure Price Index (PCE) data for July, which will be published at 12:30 GMT.Fxstreet
Fri, Aug 29
Sterling on course for monthly rise against dollar but fiscal risks linger
By Jaspreet Kalra Aug 29 (Reuters) - Sterling slipped against the dollar and euro on Friday amid concerns over Britain's fiscal position, but remained on track for a monthly gain against the U.S. currency. The pound GBP=D3 was 0.3% lower on the day at $1.3464 and was down about the same a...Reuters
Fri, Aug 29
EMERGING MARKETS-Thailand assets drop after PM sacked; EM stocks set for longest monthly winning streak since 2017
EM stocks down 0.19%; FX down 0.1%Thai court sacks PM Polish August CPI lower than expectedIndia's rupee at record lowBy Pranav Kashyap Aug 29 (Reuters) - A gauge tracking emerging market equities was poised to gain for the eighth straight month, while assets in Thailand dropped on Friday aft...Reuters
Fri, Aug 29
FOREX-Dollar set for monthly drop on growing US rate cut wagers
Investors brace for US inflation data later on FridayLegal tussle between Trump and Fed's Cook to weigh on sentimentInvestors jittery about Fed's independence New Zealand dollar slips after RBNZ Chairman resignsBy Ankur Banerjee and Jaspreet Kalra SINGAPORE, Aug 29 (Reuters) - The dollar ...Reuters
Fri, Aug 29
USD/JPY consolidates around 147.00 as investors await US PCE inflation data
The USD/JPY pair trades in a tight range around 147.00 during the European trading session on Friday. The pair wobbles as investors await key United States (US) Personal Consumption Expenditure Price Index (PCE) data for July, which will be published at 12:30 GMT.Fxstreet
Fri, Aug 29
