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USD/CHF gains above 0.7800 amid Fed hawkish hold expectations
The USD/CHF pair gathers strength to around 0.7820 during the early European session on Thursday. The US Dollar (USD) strengthens against the Swiss Franc (CHF) as soaring oil prices threaten to spur inflation and force the US Federal Reserve (Fed) to adopt more hawkish policy stances.
Fxstreet
Thu, Mar 12
AUD/USD Price Forecast: Moves away from multi-year top, slides to 0.7125 amid firmer USD
The AUD/USD pair attracts some sellers during the Asian session on Thursday, and for now, seems to have snapped a four-day winning streak to its highest level since June 2022, around the 0.7185 region, touched the previous day.
Fxstreet
Thu, Mar 12
NZD/USD falls to near 0.5900 as risk aversion increases on Middle East war
NZD/USD remains weaker for the third consecutive day, trading around 0.5900 during the Asian hours on Thursday. The pair declines as the US Dollar (USD) remains stronger, as surging energy prices heightened inflationary risks and reduced the likelihood of Federal Reserve (Fed) interest rate cuts.
Fxstreet
Thu, Mar 12
Pound Sterling hangs near weekly low vs. USD amid rising Middle East tensions
The GBP/USD pair attracts sellers for the third straight day and touches a fresh weekly low, around the 1.3370 region, during the Asian session on Thursday. Spot prices, however, recover a few pips in the last hour and currently trade around the 1.3400 mark, down less than 0.15% for the day.
Fxstreet
Thu, Mar 12
Japanese Yen strengthens above 158.50 on safe-haven demand as Iran conflict intensifies
The USD/JPY pair trades with mild losses near 158.85 during the early Asian session on Thursday. The Japanese Yen (JPY) edges higher against the US Dollar (USD) amid escalating war in the Middle East. The US weekly Initial Jobless Claims report is due later on Thursday.
Fxstreet
Thu, Mar 12
Australian Dollar bulls have the upper hand as RBA rate hike bets counter Middle East tensions
The AUD/USD pair attracts some sellers during the Asian session on Thursday, and for now, seems to have snapped a four-day winning streak to its highest level since June 2022, around the 0.7185 region, touched the previous day.Fxstreet
Thu, Mar 12
USD/CAD Price Analysis: US Dollar Rebounds as IEA Oil release weighs on CAD
The USD/CAD pair is trading near the 1.3580 level, regaining its footing in Wednesday's American session after the International Energy Agency (IEA) agreed to release 400 million barrels of oil to address the supply disruption from the Iran war.USD/JPY rises as Oil supply fears and firm USD keep Yen under pressure
USD/JPY extends gains on Wednesday as the Japanese Yen (JPY) remains under pressure amid concerns over Oil supply disruptions linked to the US-Iran war, as Japan relies heavily on imported energy, particularly from the Middle East.Fxstreet
Wed, Mar 11
NZD/USD pressured by Middle East war, RBNZ rate hike outlook
NZD/USD trades lower on Wednesday, hovering around 0.5910 at the time of writing and down 0.38% on the day. The Kiwi remains under pressure as investors stay cautious amid persistent risk aversion in global markets, driven by escalating geopolitical tensions in the Middle East.Fxstreet
Wed, Mar 11
GBP/USD steadies near 1.34 despite Oil shock, hot US inflation
The Pound Sterling remains firm during the North American session, even though the Middle East conflict entered its twelfth day of hostilities. Inflation in the US boosted the Greenback’s prospects, yet GBP/USD trades at around 1.3400, virtually unchanged.EUR/GBP weakens as fading BoE rate-cut bets support the Pound
EUR/GBP remains under pressure on Wednesday, with the Euro (EUR) extending its decline against the British Pound (GBP) for a fifth consecutive day as traders reassess the monetary policy outlook for the European Central Bank (ECB) and the Bank of England (BoE) amid rising concerns about an Oil-drive
Fxstreet
Wed, Mar 11
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