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AUD/JPY trades close to 16-month high near 103.20 ahead of RBA's policy
The AUD/JPY pair demonstrates strength near a fresh 16-month high around 103.20 during the European trading session on Monday. The cross trades firmly as the Australian Dollar (AUD) outperforms its peers ahead of the monetary policy announcement by the Reserve Bank of Australia (RBA) on Tuesday.
Fxstreet
Mon, Dec 8
GBP/JPY Price Forecast: Bulls are testing 207.35 resistance area
The Pound has opened the week on a mild positive note, while the Japanese Yen drops across the board amid the positive market mood. The pair is trending higher, after bouncing at 206.20 lows on Friday, with bulls eyeing 17-month highs, at 207.35.The fundamental context remains pound-supportive.
Fxstreet
Mon, Dec 8
ECB’s Rehn: Supports meeting by meeting approach
European Central Bank (ECB) Governing Council member and Finnish central bank governor, Olli Rehn, said in an interview with Econostream during the European trading session on Monday that downside risks to inflation in the Eurozone economy are dominating at the moment.Fxstreet
Mon, Dec 8
EUR/GBP strengthens to near 0.8750 on upbeat German Industrial Production data
The EUR/GBP cross gains traction to near 0.8750, snapping the three-day losing streak during the early European trading hours on Monday. The Euro (EUR) edges higher against the Pound Sterling (GBP) after the German Industrial Production data.
Fxstreet
Mon, Dec 8
AUD/USD stays firm near 0.6650 on upbeat China’s Trade Balance data, RBA policy eyed
The AUD/USD pair extends its winning streak for the 12th trading day on Monday. The Aussie pair trades firmly to near its over two-month high of 0.6650 during the late Asian session, posted on Friday.Fxstreet
Mon, Dec 8
EUR/JPY Price Forecast: Strengthens to near 181.00 amid bullish technical signals
The EUR/JPY cross gains ground to near 180.90 during the early European session on Monday. The Japanese Yen (JPY) softens against the Euro (EUR) amid the weaker-than-expected revised Gross Domestic Product (GDP) report.
Fxstreet
Mon, Dec 8
NZD/USD gains momentum as China's trade surplus hits 5-month high
The NZD/USD pair attracts some buyers to around 0.5785 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) remains weak against the US Dollar (USD) after China’s Trade Balance data. All eyes will be on the US Federal Reserve (Fed) interest rate decision on Wednesday.Fxstreet
Mon, Dec 8
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