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GBP/USD rebounds from three-week low, eyes mid-1.3400s as Fed concerns weigh on USD
The GBP/USD pair attracts some buyers near a technically significant 200-day Simple Moving Average (SMA) and recovers slightly from a nearly three-week low, touched during the Asian session on Monday.
Fxstreet
Mon, Jan 12
EUR/USD rises to near 1.1650 amid dovish Fed expectations
EUR/USD edges higher after registering gains in the previous six successive sessions, trading around 1.1650 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) struggles amid dovish Federal Reserve (Fed) expectations.
Fxstreet
Mon, Jan 12
EUR/USD ends week near 1.1640, posts 0.7% loss as Dollar dominates
EUR/USD prolonged its agony throughout the week, poising to print losses of 0.70%, as it fell 0.20% on Friday, despite the release of mixed economic data in the US. In the European Union, Retail Sales exceeded forecasts, but traders’ focus remains around the dynamics of the US and the Dollar.Fxstreet
Fri, Jan 9
GBP/CAD steady as markets digest mixed Canada employment report
The Canadian Dollar (CAD) trades little changed against the British Pound (GBP) on Friday, with GBP/CAD struggling to find direction as traders show a muted reaction to Canada’s latest employment report. At the time of writing, the pair trades around 1.8636, hovering near one-month highs.
Fxstreet
Fri, Jan 9
USD/CAD gains as US Dollar firms on labor data, Canadian Dollar pressured by Oil
USD/CAD trades around 1.3900 on Friday at the time of writing, up 0.25% on the day, supported by a combination of macroeconomic factors favoring the US Dollar (USD) and weighing on the Canadian Dollar (CAD).
Fxstreet
Fri, Jan 9
USD/JPY firms near one-year highs as markets scale back near-term Fed cuts
The Japanese Yen (JPY) extends its losses against the US Dollar (USD) on Friday, with USD/JPY pushing higher for a fourth straight day as the Greenback builds on its recent advance following the latest batch of US economic releases.Fxstreet
Fri, Jan 9
GBP/USD slips below 1.3450 as NFPs slash January Fed cut bets
The Pound Sterling retraces on Friday after December’s Nonfarm Payrolls report delivered mixed figures, though traders reduced bets for an interest rate cut in January. At the time of writing, the GBP/USD trades at 1.3412 after reaching a high of 1.3451.Fxstreet
Fri, Jan 9
EUR/USD stays on the back foot after mixed US labour-market report
The Euro (EUR) edges lower against the US Dollar (USD) on Friday as traders react to a mixed batch of US labour-market data. At the time of writing, EUR/USD trades around 1.1638, remaining on the back foot for a seventh straight day as the Greenback retains a firm tone across the board.Fxstreet
Fri, Jan 9
USD/CHF stabilizes amid employment data caution, geopolitical risk
USD/CHF trades without a clear direction on Friday, with the current price hovering around 0.8000, virtually unchanged on the day after three consecutive days of gains. The pair pauses as the Swiss Franc (CHF) continues to benefit from safe-haven demand in a still-uncertain geopolitical environment.
Fxstreet
Fri, Jan 9
NZD/USD: Likely to edge lower toward 0.5715 – UOB Group
New Zealand Dollar (NZD) could continue to decline; it does not appear to have sufficient momentum to reach 0.5715. In the longer run, downward momentum has increased slightly, and NZD could edge lower toward 0.5715, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Jan 9
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