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EUR/JPY Price Forecast: Falls to near 183.50, nine-day EMA
EUR/JPY extends its losses for the third successive session, trading around 183.70 during the European hours on Wednesday. The currency cross remains within the ascending channel pattern, suggesting a persistent bullish bias.
Fxstreet
Wed, Dec 24
AUD/JPY remains depressed near mid-104.00s, below YTD top as JPY benefits from hawkish BoJ
The AUD/JPY cross attracts some sellers on Wednesday and sticks to modest intraday losses, around mid-104.00s during the first half of the European session. Spot prices, however, lack follow-through and remain close to the highest level since July 2024, touched the previous day.
Fxstreet
Wed, Dec 24
USD/CAD Price Forecast: Remains below 1.3700 near five-month lows
USD/CAD loses ground for the third consecutive day, trading around 1.3680 during the early European hours on Wednesday. The daily chart suggests a potential upside breakout, with falling, converging trendlines forming a bullish descending wedge pattern.
Fxstreet
Wed, Dec 24
NZD/USD strengthens to near 0.5850 on US rate cut expectations, Fed independence concerns
The NZD/USD pair extends its upside to near 0.5845 during the early European session on Wednesday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) on the prospect of a further interest rate cut by the US Federal Reserve (Fed).
Fxstreet
Wed, Dec 24
FOREX-Dollar set for worst year since 2003 as rate outlooks diverge
The U.S. dollar was headed for its worst annual performance in more than two decades on Wednesday as investors wagered the Federal Reserve would have room to cut rates further next year even as some of its peers looked set to hike.Reuters
Wed, Dec 24
GBP/JPY hangs near weekly low, around mid-210.00s amid a broadly firmer JPY
The GBP/JPY cross attracts some sellers for the second straight day on Wednesday and trades around mid-210.00s, closer to the weekly trough during the Asian session. Spot prices, however, remain within striking distance of the highest level since August 2008, touched on Monday.
Fxstreet
Wed, Dec 24
USD/INR ticks up as FIIs continue to offload stake in Indian stock market
The Indian Rupee (INR) ticks down against the US Dollar (USD) in the early trading session on Wednesday. The USD/INR pair edges higher to near 90.16, but is broadly in the corrective phase, following the Reserve Bank of India’s (RBI) intervention last week.Fxstreet
Wed, Dec 24
GBP/USD gathers strength above 1.3500 as BoE signals gradual easing
The GBP/USD pair trades in positive territory near 1.3510 during the early European session on Wednesday. The Pound Sterling (GBP) strengthens against the Greenback on expectations that the Bank of England (BoE) will follow a gradual monetary easing path in 2026.Fxstreet
Wed, Dec 24
EUR/USD Price Forecast: Holds near 1.1800 after pulling back from three-month highs
EUR/USD holds gains for the third successive session, trading around 1.1790 during the Asian hours on Wednesday. On the daily chart, technical analysis indicates a persistent bullish bias, as the pair moves upward within the ascending channel pattern.
Fxstreet
Wed, Dec 24
Japanese Yen touches fresh weekly top against USD after hawkish BoJ Minutes
The Japanese Yen (JPY) edges higher during the Asian session on Wednesday following the release of the Bank of Japan (BoJ) October meeting Minutes, which indicated that policymakers debated the need to continue raising interest rates.
Fxstreet
Wed, Dec 24
USD/CAD hits five-month lows below 1.3700 due to growing Fed rate cut bets
USD/CAD extends its losses for the third successive session, reaching a five-month low of 1.3675 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) faces challenges amid growing expectations for two rate cuts by the Federal Reserve (Fed) in 2026.Fxstreet
Wed, Dec 24
