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Pound Sterling moves little as safe-haven demand lifts US Dollar
GBP/USD steadies after registering nearly 1% gains in the previous day, trading around 1.3610 during the Asian hours on Friday. The pair moves little as the US Dollar (USD) gains ground on safe-haven demand amid the ongoing Middle East conflict.
Fxstreet
Fri, May 1
Canadian Dollar sits near its highest level since March 11 vs USD amid elevated Oil prices
The USD/CAD pair enters a bearish consolidation phase after touching a fresh low since March 11 during the Asian session on Friday, and currently trades around the 1.3575 region. Nevertheless, spot prices remain on track to register losses for the fourth straight week.
Fxstreet
Fri, May 1
Japanese Yen weakens as softer Tokyo CPI and Iran tensions counter intervention warnings
The USD/JPY pair is seen building on the previous day's late rebound from the vicinity of mid-155.00s, or over a two-month low, and gaining some positive traction during the Asian session on Friday.
Fxstreet
Fri, May 1
NZD/USD holds losses near 0.5900 as NZ Consumer Confidence Falls in April
NZD/USD pulls back after registering over 1.25% gains in the previous day, trading around 0.5900 during the Asian hours on Friday. The pair depreciates as the New Zealand Dollar (NZD) remains subdued following the release of weaker mid-tier economic data from the country.
Fxstreet
Fri, May 1
EUR/USD gathers strength above 1.1700 as ECB keeps rates steady
The EUR/USD pair attracts some buyers to around 1.1730 during the early Asian session on Friday. The Euro (EUR) strengthens against the US Dollar (USD) after the European Central Bank (ECB) kept interest rates on hold at its April meeting.
Fxstreet
Fri, May 1
AUD/USD jumps near 0.7200 as Japan’s intervention sinks the USD
The Australian Dollar reclaimed the 0.7200 level on Thursday, surging more than 1% as the Greenback dropped to seven-day lows amid Japanese authorities’ intervention in the FX markets, pushing aside solid US economic data. The AUD/USD trades past 0.7200 after hitting a daily low of 0.7110.Fxstreet
Thu, Apr 30
EUR/USD Price Forecast: Consolidates below key Fibonacci level as bulls defend 200-day SMA
The Euro (EUR) edges higher against the US Dollar (USD) on Tuesday as the Greenback softens broadly following possible intervention from Tokyo, with authorities seen selling Dollars to support the Japanese Yen (JPY), while the Euro also draws some support from the latest monetary policy decision byFxstreet
Thu, Apr 30
GBP/USD Price Forecast: Bullish-engulfing pattern looms, traders eye 1.36
The GBP/USD advanced by some 0.78% on Thursday as market participants continued to price in further tightening by the Bank of England, even though it kept rates steady earlier. At the time of writing, trades at 1.3581, as a technical ‘bullish engulfing’ chart pattern, looms.Fxstreet
Thu, Apr 30
USD/CAD falls as Dollar weakens on possible Japan FX intervention
USD/CAD trades on the back foot on Thursday as renewed weakness in the US Dollar (USD) supports the Canadian Dollar (CAD), while the latest US economic data fails to provide support to the Greenback. At the time of writing, the pair is trading around 1.3612, down nearly 0.53% on the day.
Fxstreet
Thu, Apr 30
EUR/GBP slips as ECB and BoE hold rates, but hawks stay alert now
The EUR/GBP falls some 0.16% during the day as the central bank bonanza ends with the ECB and the BoE keeping interest rates unchanged as expected. The cross-pair trades at around 0.8644 after reaching a daily high of 0.8667.
Fxstreet
Thu, Apr 30
USD/CAD: Bearish tone caps rallies – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is edging higher as the softer US Dollar (USD) and a narrower 1Y US/Canada swap spread support the currency. The Bank of Canada (BoC) left policy unchanged, highlighting offsetting risks from Oil and trade.Fxstreet
Thu, Apr 30
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