Search
News
USD/CAD Price Forecast: 50% Fibo retracement near 1.3755 acts as key barrier
The USD/CAD pair trades marginally lower to near 1.3735 during the European trading session on Monday. The Loonie pair faces selling pressure as the US Dollar (USD) turns upside down due to hopes that the United States (US) and Iran will break the deadlock and reach a deal soon.
Fxstreet
Mon, May 18
Australian Dollar clings to recovery gains vs retreating USD; Iran tensions cap upside
The AUD/USD pair stages a goodish intraday recovery from the 0.7120-0.7115 area, or a fresh monthly low touched earlier this Monday, and sticks to modest gains through the first half of the European session.
Fxstreet
Mon, May 18
Japanese Yen: Pressure builds near 159 against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann maintain a constructive view on USD/JPY after the pair advanced toward 158.84. Intraday, a push above 159.00 is anticipated, though staying above this barrier is uncertain and 159.40 is seen as distant resistance.
Fxstreet
Mon, May 18
Swiss Franc advances as USD loses latest gains despite increased risk aversion
USD/CHF halts its five-day winning streak, trading around 0.7860 during the early European hours on Monday. The currency pair depreciated as the US Dollar (USD) surrendered its daily gains, despite a backdrop of heightened risk aversion and rising US interest rate hike expectations.
Fxstreet
Mon, May 18
Indian Rupee: Policy support falls short against Oil – Commerzbank
Commerzbank’s Charlie Lay highlights that Indian Rupee (INR) has weakened nearly 12% against the US Dollar (USD) over a year, making it Asia’s worst performer, driven by heavy equity outflows and higher Oil import costs.Fxstreet
Mon, May 18
Canadian Dollar edges lower as rising US inflation bolster Fed rate hike outlook
The USD/CAD pair edges higher to around 1.3750 during the early European trading hours on Monday. The US Dollar (USD) extends its upside against the Canadian Dollar (CAD) as traders have largely priced out US interest rate cuts this year, while expectations for a hike have risen.Fxstreet
Mon, May 18
Indian Rupee falls further as oil prices extend advance
The Indian Rupee (INR) extends its over-a-week-long downfall against the US Dollar (USD) at the start of the week. The USD/INR pair explores the uncharted territory and posts a fresh all-time high at 96.33, as a fresh upside move in oil prices has weakened the Indian Rupee further.Fxstreet
Mon, May 18
Japanese Yen weakens to over two-week low vs USD on Iran tensions; USD/JPY retakes 159.00
The USD/JPY pair scales higher for the sixth consecutive day – also marking the seventh day of a positive move in the previous eight – and climbs to a two-and-a-half-week high during the Asian session on Monday.Fxstreet
Mon, May 18
EUR/JPY Price Forecast: Gathers strength above 184.50, but remains capped below Bollinger midpoint
The EUR/JPY cross gathers strength to near 184.80, snapping the four-day losing streak during the early European trading hours on Monday. A hawkish tone from the European Central Bank (ECB) provides some support to the Euro (EUR) against the Japanese Yen (JPY).
Fxstreet
Mon, May 18
Euro declines as risk aversion, Fed rate hike odds increase
EUR/USD remains subdued for the sixth successive day, trading around 1.1620 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) rises on the US Federal Reserve (Fed) shifting toward a more aggressive policy stance on inflation.Fxstreet
Mon, May 18
Swiss Franc flatlines near multi-week low on Fed hike repricing
The USD/CHF pair holds steady near 0.7870 during the early European session on Monday. The pair currently trades near the highest since April 30, bolstered by a stronger US Dollar (USD). Traders will closely monitor the developments surrounding the US-Iran conflicts.Fxstreet
Mon, May 18
AUD/JPY Price Forecast: Tests ascending triangle bottom near 113.00
AUD/JPY extends its losses for the third successive day, trading around 113.20 during the Asian hours on Monday. The technical analysis of the daily chart suggests a potential busted pattern or bearish failure as the currency cross is positioned on the lower trendline of an ascending triangle.
Fxstreet
Mon, May 18
Featured Tools
Top News
Meta Platforms Inc Stock (META) Moved Down by 3.31% on Jun 1: Facts Behind the Movement
Amazon.com Inc Stock (AMZN) Moved Down by 3.16% on Jun 1: What Investors Need To Know
Jensen Huang Endorsement, Marvell Technology to Become Next Trillion-Dollar Chip Stock.
Oracle Corp Stock (ORCL) Moved Up by 5.56% on Jun 1: What Investors Need To Know
Samsung Electronics Rises Nearly 10% to New High, Overtaking Micron to Top Automotive Memory Market
Market Movers
Welltower Inc Stock (WELL) Closed Down by 3.70% on Jun 1: Drivers Behind the Movement
12 hours ago
CBRE
--
PDD Holdings Inc Stock (PDD) Closed Up by 3.24% on Jun 1: Drivers Behind the Movement
12 hours ago
META
--
