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NZD/USD Price Forecast: Bears dominate below 200-SMA barrier near 0.5865-0.5870
The NZD/USD pair attracts sellers for the second straight day and slides back closer to the 0.5800 mark during the Asian session on Monday. Moreover, the broader fundamental backdrop and technical setup suggest that the path of least resistance for spot prices remains to the downside.
Fxstreet
Mon, Mar 23
Dollar Rises as Escalating Middle East War Spurs Haven Demand
Japan says ready to counter forex volatility IEA's Birol warns crisis worse than 1970s oil shocksCentral banks turn hawkish due to inflation concernsBy Rocky Swift TOKYO, March 23 (Reuters) - The dollar rose on Monday as escalating retaliatory threats in the Middle East conflict curbed risk a...Reuters
Mon, Mar 23
Japanese Yen sticks to modest losses; USD/JPY looks to build on strength beyond 159.50
The USD/JPY pair attracts some follow-through buying for the second straight day and climbs to mid-159.00s during the Asian session on Monday. Spot prices remain close to the highest level since July 2024, touched last week, though intervention fears might cap further gains.
Fxstreet
Mon, Mar 23
Australia, NZ dollars struggle as stocks slide on Iran war ultimatum
AUD back to 70 cents, retreats against kiwiAussie three-year bond yields hit 15-yr highNZ two-year swap rates jump another 13 bps All eyes on RBNZ's chief Breman speech on TuesdayBy Stella Qiu SYDNEY, March 23 (Reuters) - The Australian and New Zealand dollars struggled on Monday, succumbing ...Reuters
Mon, Mar 23
GBP/USD Price Forecast: Declines below 1.3350 as bearish momentum builds amid stronger USD
The GBP/USD pair holds losses near 1.3335 during the Asian trading hours on Monday, pressured by a stronger US Dollar (USD). Escalating conflict in the Middle East pushed Brent crude oil prices above $100 per barrel.
Fxstreet
Mon, Mar 23
AUD/USD Price Forecast: Bears have the upper hand near 0.7000; 200-EMA breakdown in play
The AUD/USD pair opened with a modest bearish gap on Monday and touched a one-week low during the Asian session, though it lacked follow-through selling. Spot prices currently trade around the 0.7000 psychological mark, down 0.25% for the day,
Fxstreet
Mon, Mar 23
EUR/USD Price Forecast: Remains above nine-day EMA, 1.1550
EUR/USD recovers its daily losses after opening at a gap down, trading near 1.1560 during Asian hours on Monday. Daily chart technical analysis indicates a potential bullish reversal as the pair is testing the upper boundary of the descending channel pattern.
Fxstreet
Mon, Mar 23
AUD/JPY trades above 111.50 after paring recent losses
AUD/JPY remains in the negative territory, trading around 111.70 during the Asian hours on Monday. The currency cross struggles as the Australian Dollar (AUD) comes under pressure from escalating geopolitical tensions that continue to weigh on overall market sentiment.
Fxstreet
Mon, Mar 23
Japan's top currency diplomat alert to forex volatility linked to speculative oil trade
TOKYO, March 23 (Reuters) - Japan's top currency diplomat Atsushi Mimura said on Monday that the government is prepared to take all measures to tackle volatility in foreign exchange markets, cautioning that speculative trade on oil futures could be impacting currencies. "There are some vi...Reuters
Mon, Mar 23
NZD/USD weakens below 0.5850 as Middle East tensions rise, Fitch downgrades NZ outlook
The NZD/USD pair loses ground to near 0.5830 during the early Asian session on Monday. Heightened geopolitical tensions in the Middle East boost safe-haven currencies such as the US Dollar (USD) against the Kiwi.Fxstreet
Mon, Mar 23
Japan ready to take all measures to tackle forex volatility, top currency diplomat says
TOKYO, March 23 (Reuters) - Japan's top currency diplomat Atsushi Mimura said on Monday that the government is prepared to take any measures on all fronts to tackle volatility in foreign exchange markets."The government will take all necessary measures on all fronts, keeping in mind that for...Reuters
Mon, Mar 23
FOREX-Dollar poised for rally as escalating Middle East conflict spurs haven demand
By Rocky Swift TOKYO, March 23 (Reuters) - The dollar was poised for a rebound on Monday as retaliatory threats escalated in the Middle East crisis, damping risk sentiment and boosting demand for haven assets.The greenback on Friday closed out its first weekly decline since the start of the war i...Reuters
Mon, Mar 23
Canadian Dollar holds steady amid Middle East tensions, rising oil prices
The USD/CAD pair trades on a flat note near 1.3725 during the early Asian trading hours on Monday. Traders will closely monitor the situation in the Middle East. Additionally, traders weigh a hawkish hold from the Federal Reserve (Fed) against a dovish hold from the Bank of Canada (BoC).Fxstreet
Sun, Mar 22
Pound Sterling declines as US prepares ground operation to seize Iran’s Kharg Island
The GBP/USD pair faces some selling pressure near 1.3320 during the early Asian session on Monday, pressured by risk-off sentiment. Ongoing conflicts in the Middle East fuel demand for safe-haven currencies such as the US Dollar (USD) and create a headwind for the major pair.Fxstreet
Sun, Mar 22
Australian Dollar weakens as Middle East tensions escalate
The AUD/USD pair attracts some sellers to near 0.7000 during the early Asian session on Monday, pressured by risk-off sentiment. The US Dollar (USD) edges higher against the Australian Dollar (AUD) as escalating tensions in the Middle East boost safe-haven demand.Fxstreet
Sun, Mar 22
China pledges more balanced trade and further opening of the economy after record surplus
Premier Li pledges balanced trade, greater opennessChina seeks to reassure foreign investors as FDI continues to declineApple, Samsung, Volkswagen executives attend Beijing's annual development forum BEIJING, March 22 (Reuters) - Chinese Premier Li Qiang pledged on Sunday to further open the ...Reuters
Sun, Mar 22
Brazil cenbank to offer $2 billion in dollar auction with repurchase deal on Monday
SAO PAULO, March 20 (Reuters) - Brazil's central bank on Friday said it will offer up to $2 billion in a dollar auction with repurchase agreement on Monday.In a statement, the central bank said the auction will start at 10:30 a.m. local time, and aims to roll over contracts maturing in April. Th...Reuters
Fri, Mar 20
