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USD/JPY: Clear break above 154.50 is unlikely – UOB Group
Upward momentum is slightly firm, and US Dollar (USD) could test 154.50; a clear break above this level is unlikely. In the longer run, sharp increase in upward momentum could lead to further USD advance toward 154.90, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Nov 3
NZD/USD: Unlikely to be able to break below 0.5700 – UOB Group
New Zealand Dollar (NZD) could continue to edge lower, but it is unlikely to be able to break below 0.5700. In the longer run, NZD is under mild downward pressure, and could edge lower, potentially testing 0.5700, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Nov 3
AUD/USD: Current price movements appear to be part of a 0.6535/0.6565 – UOB Group
The current price movements appear to be part of a 0.6535/0.6565 range-trading phase. In the longer run, AUD is likely to trade in a range between 0.6505 and 0.6610, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Nov 3
GBP/USD: Likely to consolidate between 1.3110 and 1.3170 – UOB Group
Instead of continuing to decline, Pound Sterling (GBP) is more likely to consolidate between 1.3110 and 1.3170. In the longer run, the outlook for GBP remains negative, but for it to continue to decline, it must first close below 1.3100, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Nov 3
EUR/USD: Broader fundamental outlook remains supportive of the Euro – OCBC
Euro (EUR) drifted lower, amid broad US Dollar (USD) rebound. Lingering political uncertainties due to French budget/government, hung parliament outcome in Dutch elections, French CPI underwhelmed, were among some of the factors weighing on EUR.
Fxstreet
Mon, Nov 3
EUR/USD hovers near three-month lows agaisnt a firm US Dollar
EUR/USD steadies at the early European session on Monday, trading at 1.1530 at the time of writing, just above a fresh three-month low near 1.1520 hit earlier in the day. The pair remains vulnerable, following a nearly 1% sell-off over the last three trading days, with the US Dollar (USD) buoyed byFxstreet
Mon, Nov 3
AUD/USD trades higher around 0.6550 ahead of RBA’s monetary policy announcement
The AUD/USD pair trades 0.11% higher around 0.6555 during the European trading session on Monday. The Aussie pair gains 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, Nov 3
Pound Sterling trades with caution at the start of BoE’s policy week
The Pound Sterling (GBP) trades cautiously against its peers at the start of the week. The British currency is expected to remain volatile amid uncertainty surrounding the Bank of England’s (BoE) interest rate policy, which will be announced on Thursday.Fxstreet
Mon, Nov 3
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