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EUR/GBP edges lower to near 0.8700, ECB hawkish stance cushions downside
The EUR/GBP cross declines to near 0.8700 during the early European session on Wednesday. A two-week ceasefire agreement between the United States (US) and Iran has improved global risk sentiment, which typically favors the Pound Sterling (GBP) over the Euro (EUR).
EUR/GBP
Fxstreet
Wed, Apr 8
Canadian Dollar gains as market sentiment improves after US-Iran ceasefire
USD/CAD continues to lose ground for the third successive day, trading around 1.3830 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) declines on decreased safe-haven demand after the United States (US) and Iran agreed on a two-week ceasefire.
USD/CAD
Brent
Fxstreet
Wed, Apr 8
Pound Sterling advances as US-Iran ceasefire improves market sentiment
GBP/USD extends its winning streak for the third consecutive day, trading around 1.3400 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) declines on decreased safe-haven demand after the United States (US) and Iran agreed on a two-week ceasefire.
GBP/USD
Fxstreet
Wed, Apr 8
NZD/USD Price Forecast: Rises above 0.5800 after RBNZ rate hold, but remains below 100-day EMA
The NZD/USD pair jumps to a near two-week high of around 0.5820 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) after the Reserve Bank of New Zealand (RBNZ) interest rate decision and a broader risk-on sentiment.
NZD/USD
Fxstreet
Wed, Apr 8
Japanese Yen surges against US Dollar as Trump confirms two-week ceasefire
The Japanese Yen (JPY) trades significantly higher against the US Dollar (USD) on Wednesday, with the USD/JPY pair sliding 0.75% to near 158.40 during the Asian trading session.
USD/JPY
Brent
Fxstreet
Wed, Apr 8
EUR/USD Price Forecast: Rises above 1.1650, moving averages amid bullish reversal
EUR/USD extends its winning streak for the third successive day, trading around 1.1670 during Asian hours on Wednesday. The daily chart technical analysis indicates a bullish reversal as the pair is rising above the descending channel pattern.
EUR/USD
Fxstreet
Wed, Apr 8
AUD/USD Price Forecast: Aims to revisit multi-year high of 0.7190
The AUD/USD pair surges 1.2% to near 0.7060 in the Asian trading session on Wednesday.
AUD/USD
Fxstreet
Wed, Apr 8
AUD/JPY Price Forecast: Gains momentum, bullish bias prevails above 100-day EMA
The AUD/JPY cross gathers strength to around 111.80 during the Asian trading hours on Wednesday. The Australian Dollar (AUD) edges higher against the Japanese Yen (JPY) amid improved risk sentiment.
AUD/JPY
Fxstreet
Wed, Apr 8
NZD/USD sticks to gains near two-week top, around 0.5800 after RBNZ leaves rates unchanged
The NZD/USD pair turns positive for the third straight day following a modest Asian session dip to the 0.5700 mark and rallies to a nearly two-week top on Wednesday in reaction to the US-Iran ceasefire news.
NZD/USD
Fxstreet
Wed, Apr 8
EUR/JPY trades near 185.00 after paring recent gains
EUR/JPY remains in the positive territory after paring its daily gains, trading around 185.20 during the Asian hours on Wednesday. The currency cross trims intraday gains as the Japanese Yen (JPY) strengthens on falling oil prices after the US-Iran ceasefire.
EUR/JPY
Fxstreet
Wed, Apr 8
PBOC sets USD/CNY reference rate at 6.8680 vs. 6.8854 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Wednesday at 6.8680 compared to the previous day's fix of 6.8854 and 6.8369 Reuters estimate.
USD/CNH
Fxstreet
Wed, Apr 8
USD/CHF hangs near two-week low, around 0.7900 as US-Iran ceasefire triggers USD sell-off
The USD/CHF pair attracts heavy selling during the Asian session on Wednesday and dives to a two-week low amid a broadly weaker US Dollar (USD).
USD/CHF
Fxstreet
Wed, Apr 8
NZD/USD rises to near 0.5800 following US-Iran ceasefire, RBNZ decision eyed
NZD/USD extends its winning streak for the third successive day, trading around 0.5790 during the Asian hours on Wednesday. The pair appreciates amid risk-on sentiment after US President Donald Trump agrees to suspend Iran bombing for two weeks.
NZD/USD
Fxstreet
Wed, Apr 8
Canadian Dollar gathers strength as Trump suspends US attacks
The USD/CAD pair declines to around 1.3835 during the early Asian trading hours on Wednesday. The US Dollar (USD) weakens against the Canadian Dollar (CAD) after Iran agrees to a two-week ceasefire with the United States (US).
USD/CAD
Fxstreet
Wed, Apr 8
GBP/USD surges toward 1.3400 as Iran ceasefire deflates the US Dollar
GBP/USD ripped higher on Tuesday as the US Dollar buckled under a wave of risk-on positioning triggered by President Trump's announcement of a two-week ceasefire with Iran.
GBP/USD
Fxstreet
Tue, Apr 7
USD/JPY retreats from 160.00 as ceasefire crushes Oil premium
USD/JPY reversed sharply on Tuesday, touching a session high around 160.50 before collapsing below 159.00 to settle near 158.85.
USD/JPY
Fxstreet
Tue, Apr 7
AUD/USD surges past 0.7050 as Trump suspends Iran strikes for two weeks
AUD/USD surged over 1.3% on Tuesday, rallying from around 0.6970 to trade close to 0.7060 by the close of the session.
AUD/USD
Fxstreet
Tue, Apr 7
EUR/USD climbs above 1.1650 after Trump agrees to two-week ceasefire with Iran
The EUR/USD pair surges to around 1.1670 during the early Asian session on Wednesday. The Euro (EUR) strengthens against the Greenback after US President Donald Trump agrees to a two-week ceasefire with Iran.
EUR/USD
Fxstreet
Tue, Apr 7
NZD: RBNZ seen steady as markets overprice hikes – TD Securities
TD Securities’ Global Strategy Team expects the Reserve Bank of New Zealand to leave the Official Cash Rate unchanged, in line with market consensus. The analysts think RBNZ communication will stress patience in responding to supply shocks while the economy runs below capacity.
NZD/USD
Fxstreet
Tue, Apr 7
NZD/USD stays neutral ahead of RBNZ decision as geopolitical risks and policy outlook weigh
The NZD/USD pair is trading near the 0.5720 region on Wednesday, holding a neutral tone as the US Dollar (USD) remains supported by safe-haven demand while traders brace for the Reserve Bank of New Zealand (RBNZ) monetary policy decision.
NZD/USD
Fxstreet
Tue, Apr 7
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