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Australian Dollar trades mixed on renewed Middle East conflicts, job data awaited
The Australian Dollar (AUD) demonstrates a mixed performance against its major currency peers, still trading 0.2% lower to near 0.7050 against the US Dollar (USD) during the European trading session on Monday, even after recovering a major chunk of its opening losses.
Fxstreet
Mon, Apr 13
EUR/USD holds near 1.1700 despite the deteriorated market sentiment
The (EUR) retreated from last week’s highs near 1.1740 against the US Dollar (USD) on Monday, but so far is holding well in the upper 1.1600s. The pair is trading at 1.1685 at the time of writing, having been supported at 1.1670 earlier in the day.
Fxstreet
Mon, Apr 13
NZD/USD Price Forecast: Stays near 0.5850 after rebounding from levels near nine-day EMA
NZD/USD rises after opening at a gap down, trading around 0.5830 during the Asian hours on Monday. The technical analysis of the daily chart signals a potential for a bullish bias as the pair remains within the emerging ascending channel pattern.
Fxstreet
Mon, Apr 13
EUR/USD Price Forecast: Rebounds to near 1.1700 as bullish bias prevails
EUR/USD edges higher after opening at a gap down, trading around 1.1690 during the Asian hours on Monday. The daily chart technical analysis indicates a bullish bias, as the pair is rising within an ascending channel.Fxstreet
Mon, Apr 13
USD/JPY Price Forecast: Strength beyond 160.00 awaited amid bullish technical setup
The USD/JPY pair builds on gains from the past two days and opens with a bullish gap at the start of the new week, rising to the 159.85 region during the Asian session. However, intervention fears keep a lid on any further appreciation for spot prices.Fxstreet
Mon, Apr 13
EUR/JPY holds losses near 186.50 as US–Iran talks fail
EUR/JPY pares its daily losses but remains in the negative territory, trading around 186.60 during the Asian hours on Monday. The currency cross faced challenges as the risk-sensitive Euro (EUR) lost ground following the failure of the United States (US)-Iran peace talks.
Fxstreet
Mon, Apr 13
Pound Sterling declines as Hormuz blockade fears lift risk-off mood
GBP/USD halts its five-day winning streak, trading at a gap down around 1.3390 during the Asian hours on Monday. The risk-sensitive pair faces challenges on renewed risk aversion following the failure of the United States (US)-Iran peace talks.
Fxstreet
Sun, Apr 12
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