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EUR/CHF rises as traders trim CHF longs ahead of ECB, SNB decisions
The Swiss Franc (CHF) weakens against the Euro (EUR), with EUR/CHF edging higher after reversing intraday losses, despite soft Eurozone Economic Sentiment data.
EUR/CHF
Fxstreet
Tue, Mar 17
EUR/JPY climbs as Yen softens ahead of BoJ, Euro benefits from Oil retreat
EUR/JPY trades around 183.25 on Tuesday at the time of writing, up 0.14% on the day, extending its gains for a second consecutive session.
EUR/JPY
Fxstreet
Tue, Mar 17
CAD: Flows strong into BoC decision – BNY
BNY’s Head of Markets Macro Strategy Bob Savage highlights that the Canadian Dollar (CAD) has been among the best-performing G10 currencies over the past two weeks, helped by steady inflows during the Iran conflict.
USD/CAD
Fxstreet
Tue, Mar 17
AUD/USD recovers as RBA's hawkish tone offsets concerns over split decision
AUD/USD trades around 0.7090 on Tuesday at the time of writing, up 0.25% on the day, rebounding after an initial pullback following the Reserve Bank of Australia (RBA) monetary policy decision.
AUD/USD
Fxstreet
Tue, Mar 17
AUD: Bittersweet hike with stretched positioning – ING
ING’s Francesco Pesole notes the Reserve Bank of Australia (RBA) delivered a split 25 bp hike to 4.10%, initially read as dovish and triggering a sell-the-fact move in AUD/USD before a rebound on Governor Bullock’s comments.
AUD/USD
Fxstreet
Tue, Mar 17
Japanese Yen recovers early losses against US Dollar, Fed-BoJ policy in focus
The Japanese Yen (JPY) claws back its early losses against the US Dollar (USD) during the European trading session on Tuesday.
USD/JPY
Brent
Fxstreet
Tue, Mar 17
EUR/USD Price Forecast: Struggles to extend recovery above 1.1530
The EUR/USD pair holds onto Monday’s gains slightly above 1.1500 during the European trading session on Tuesday. The major currency pair trades firmly as the US Dollar (USD) has come under pressure ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
EUR/USD
Fxstreet
Tue, Mar 17
Eurozone ZEW Survey – Economic Sentiment below expectations (24) in March: Actual (-8.5)
Eurozone ZEW Survey – Economic Sentiment below expectations (24) in March: Actual (-8.5)
EUR/USD
Fxstreet
Tue, Mar 17
Germany ZEW Survey – Current Situation came in at -62.9, above forecasts (-67.1) in March
Germany ZEW Survey – Current Situation came in at -62.9, above forecasts (-67.1) in March
EUR/USD
Fxstreet
Tue, Mar 17
Germany ZEW Survey – Economic Sentiment below forecasts (38.7) in March: Actual (-0.5)
Germany ZEW Survey – Economic Sentiment below forecasts (38.7) in March: Actual (-0.5)
EUR/USD
Fxstreet
Tue, Mar 17
AUD/USD: RBA hikes keep Aussie supported – MUFG
MUFG’s Senior Currency Analyst Lee Hardman notes that the RBA delivered a second consecutive 25 bps hike to 4.10%, now the highest policy rate among G10 central banks, and that Australian Dollar gains versus the US Dollar were initially strong but faded.
AUD/USD
Fxstreet
Tue, Mar 17
AUD: RBA split hike clouds terminal rate – Standard Chartered
Standard Chartered strategist Nicholas Chia notes that the Reserve Bank of Australia raised the cash rate to 4.10% in a 5-4 split decision, largely debating timing rather than direction.
AUD/USD
Fxstreet
Tue, Mar 17
EUR/USD: Downside risks despite upbeat year-end view – ING
ING’s Francesco Pesole argues that even under a severe and prolonged Gulf conflict, European gas prices are unlikely to revisit 2022 extremes, supporting a constructive medium-term view on EUR/USD.
EUR/USD
Fxstreet
Tue, Mar 17
USD/JPY: Verbal warnings cap upside near 160.00 – MUFG
MUFG’s Senior Currency Analyst Lee Hardman highlights that USD/JPY is stalling just below 160.00 as Japan’s Finance Minister Katayama escalates verbal intervention, stressing readiness to respond at any time.
USD/JPY
Fxstreet
Tue, Mar 17
USD/CAD Price Forecast: Consolidates around 1.3700 as focus shifts to Fed-BoC policy
The USD/CAD pair trades in a tight range around 1.3700 during the European trading session on Tuesday. The Loonie pair consolidates as investors await monetary policy announcements by the Bank of Canada (BoC) and the Federal Reserve (Fed) on Wednesday.
USD/CAD
Fxstreet
Tue, Mar 17
USD/CHF steadies near 0.7900 as policy decisions by Fed, SNB loom
USD/CHF remains flat after paring daily gains, trading around 0.7880 during the European hours on Tuesday.
USD/CHF
Fxstreet
Tue, Mar 17
Forex Today: US Dollar stabilizes as mood sours on rising Oil prices
Here is what you need to know on Tuesday, March 17:
Fxstreet
Tue, Mar 17
Silver Price Forecast: XAG/USD hovers around $81.00 due to fading Fed rate cut bets
Silver price (XAG/USD) remains subdued after registering modest gains in the previous session, trading around $80.80 per troy ounce during the early European hours on Tuesday.
Silver
Fxstreet
Tue, Mar 17
Pound Sterling underperforms against its peers as Fed-BoE policy takes centre stage
The Pound Sterling (GBP) trades lower against its major currency peers, except the New Zealand Dollar (NZD), is down 0.27% to near 1.3280 during the European trading session on Tuesday.
GBP/USD
Fxstreet
Tue, Mar 17
NZD/USD weakens below 0.5850 amid Iran war concerns, Fed rate decision looms
The NZD/USD pair attracts some sellers to around 0.5820 during the early European trading hours on Tuesday. The US Dollar (USD) edges higher against the Kiwi as traders weigh developments in the Iran war.
NZD/USD
Fxstreet
Tue, Mar 17
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