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AUD/USD: RBA hikes but currency underperforms – Commerzbank
Commerzbank’s Volkmar Baur highlights that the Reserve Bank of Australia delivered a second rate hike this year, but AUD/USD remains below 0.71 and choppy.
AUD/USD
Fxstreet
Tue, Mar 17
GBP/JPY ticks up to near 212.00, investors await BoJ-BoE monetary policy
The GBP/JPY pair edges up to near 212.00 during the early European trading session on Tuesday.
GBP/JPY
Fxstreet
Tue, Mar 17
EUR/GBP flat lines above 0.8600 as traders await ECB, BoE rate decisions
The EUR/GBP cross holds steady near 0.8635 during the early European session on Tuesday. Traders prefer to wait on the sidelines ahead of the European Central Bank (ECB) and the Bank of England (BoE) interest rate decisions later on Thursday. Also, the UK employment report will be released.
EUR/GBP
Fxstreet
Tue, Mar 17
AUD/USD Price Forecast: Rebounds as RBA’s Bullock clarifies inflation was already high
The AUD/USD pair claws back a majority of its early losses, which arrived after the Reserve Bank of Australia’s (RBA) interest rate decision, and rebounds to near 0.7085, following Governor Michele Bullock’s press conference.
AUD/USD
Fxstreet
Tue, Mar 17
EUR/USD declines below 1.1500 as markets await Fed, ECB rate decisions
The EUR/USD pair trades in negative territory around 1.1490 during the early European session on Tuesday.
EUR/USD
Fxstreet
Tue, Mar 17
USD/INR recovers due to continuous FIIs selling in Indian stock market
The Indian Rupee (INR) trades lower against the US Dollar (USD) in the opening trade on Tuesday. The USD/INR pair rebounds to near 92.90 after a correction on Monday as the Indian Rupee resumes its downside journey amid the continuous outflow of foreign funds from the Indian stock market.
Brent
Fxstreet
Tue, Mar 17
USD/JPY Price Forecast: Holds steady above 159.00 as bulls await Fed/BoJ policy updates
The USD/JPY pair attracts some dip-buying during the Asian session on Tuesday and stalls its modest pullback from the 159.75 area, or the highest level since July 2024, retested the previous day.
USD/JPY
Fxstreet
Tue, Mar 17
EUR/JPY holds gains above 183.00 as BoJ expected to hold rates steady
EUR/JPY extends its gains for the second successive session, trading around 183.10 during the Asian hours on Tuesday. The currency cross appreciates as the Japanese Yen (JPY) struggles amid the BoJ's widely expected to keep interest rates unchanged at 0.75% on Thursday.
EUR/JPY
Fxstreet
Tue, Mar 17
AUD/NZD trims a part of intraday gains as RBA rate hike vote split undermines AUD
The AUD/NZD cross trims a part of its intraday gains to the 1.2120 area, or the highest level since May 2013, following the key Reserve Bank of Australia (RBA) rate decision, though it lacks follow-through selling.
AUD/NZD
Fxstreet
Tue, Mar 17
Australian Dollar declines after RBA raises interest rate by 25 bps to 4.10%
The AUD/USD pair attracts some sellers to near 0.7060 during Asian trading hours on Tuesday. The Australian Dollar (AUD) edges lower against the US Dollar (USD) after the Reserve Bank of Australia (RBA) interest rate decision.
AUD/USD
Fxstreet
Tue, Mar 17
AUD/JPY inches lower to near 112.50 despite RBA rate hike
AUD/JPY pares its daily gains, trading around 112.50 during the Asian hours on Tuesday. The currency cross loses ground as the Australian Dollar (AUD) struggles following the release of the Reserve Bank of Australia (RBA) policy decision.
AUD/JPY
Fxstreet
Tue, Mar 17
GBP/USD Price Forecast: Tests 1.3300 support as bearish bias prevails
GBP/USD inches lower after registering nearly 0.75 gains in the previous session, trading around 1.3310 during the Asian hours on Tuesday.
GBP/USD
Fxstreet
Tue, Mar 17
Japanese Yen Weakens as Usd Strengthens, Intervention Looms
USD/JPY recovers losses from the previous session, trading near 159.40 during Asian hours on Tuesday. However, the upside of the pair may be limited as the Japanese Yen (JPY) could find support from potential intervention by Japanese authorities.
USD/JPY
Fxstreet
Tue, Mar 17
NZD/USD seems vulnerable around mid-0.5800s; below 200-day SMA ahead of Fed, NZD GDP
The NZD/USD pair meets with a fresh supply during the Asian session on Tuesday and erodes a part of the previous day's solid recovery from the vicinity of a one-month low, touched last week.
NZD/USD
Fxstreet
Tue, Mar 17
Canadian Dollar gains ground on rising oil prices, Fed rate decision looms
The USD/CAD pair posts modest losses around 1.3685 during the Asian trading hours on Tuesday. The ongoing conflict in the Middle East provides some support to the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD).
USD/CAD
Brent
Fxstreet
Tue, Mar 17
PBOC sets USD/CNY reference rate at 6.8961 vs. 6.9057 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.8961 compared to the previous day's fix of 6.9057 and 6.8874 Reuters estimate.
USD/CNH
Fxstreet
Tue, Mar 17
EUR/USD slips below 1.1500 amid USD uptick; focus remains on central bank meetings
The EUR/USD pair struggles to capitalize on the previous day's goodish recovery move from the 1.1415-1.1410 area, or from the vicinity of the lowest level since July 2025, and edges lower during the Asian session on Tuesday.
EUR/USD
Fxstreet
Tue, Mar 17
Australian Dollar inches lower ahead of RBA policy decision
AUD/USD edges lower after posting more than 1.25% gains in the previous session, trading near 0.7060 during Asian hours on Tuesday.
AUD/USD
Fxstreet
Tue, Mar 17
RBA set for second consecutive rate hike as Iran war fuels concerns over high inflation
The Reserve Bank of Australia (RBA) is set to deliver another 25 basis points (bps) interest rate hike following its March monetary policy meeting on Tuesday, lifting the Official Cash Rate (OCR) to 4.10% from 3.85%.
AUD/USD
Fxstreet
Tue, Mar 17
GBP/USD bounces from lows as US Dollar retreats
GBP/USD gained almost 0.75% on Monday, bouncing from Friday's low close to 1.3220 to settle on the high side of 1.3300.
GBP/USD
Fxstreet
Mon, Mar 16
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