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USD/JPY Price Forecast: Remains close to 159.00, descending channel top
USD/JPY remains subdued for the second successive day, trading around 158.90 during the early European hours on Thursday. The currency pair is holding a constructive bullish bias as spot remains above both the nine-day and 50-day Exponential Moving Averages (EMAs).Fxstreet
Thu, May 21
Canadian Dollar weakens to near 1.3750 on softer Canadian CPI, US-Iran diplomatic hopes
The USD/CAD pair gathers strength to near 1.3765 during the early European session on Thursday. The Canadian Dollar (CAD) softens against the US Dollar (USD) on cooling domestic inflation data and a decline in crude oil prices.
Fxstreet
Thu, May 21
AUD/USD Price Forecast: Picks up above 0.7120 after finding support in the 0.7100 area
The Australian Dollar (AUD) gives away gains against the US Dollar (USD) on Thursday, as soft Australian employment data cemented hopes that the Reserve Bank of Australia (RBA) will take a pause in the coming months after three consecutive rate hikes.Fxstreet
Thu, May 21
EUR/USD Price Forecast: Consolidates above 1.1600 as Iran risks, hawkish Fed support USD
The EUR/USD pair struggles to capitalize on the previous day's bounce from the 1.1585-1.1580 region, or its lowest level since April 7, and seesaws between tepid gains/minor losses during the Asian session on Thursday.Fxstreet
Thu, May 21
Swiss Franc declines as US Dollar advances on US-Iran uncertainty
USD/CHF edges higher after registering modest losses in the previous day, trading around 0.7870 during the Asian hours on Thursday. The pair appreciated as the US Dollar (USD) maintains its footing, driven by a complex mix of geopolitical developments and hawkish monetary policy signals.Fxstreet
Thu, May 21
USD/JPY Price Forecast: Trades flat near 159.00 as investors seek fresh developments on Iran war
The USD/JPY pair trades calmly around 159.00 during the Asian trading session on Thursday. The pair turns sideways as investors await fresh developments regarding negotiations between the United States (US) and Iran, after President Donald Trump stated on Wednesday that talks are in “final stages”.Fxstreet
Thu, May 21
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