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AUD/JPY drops below 111.00 as Australia’s Trade Surplus narrows
AUD/JPY depreciates after registering mild gains in the previous session, trading around 110.80 during the Asian hours on Thursday. The currency cross remains subdued following the release of Australia’s Trade Balance data.
Fxstreet
Thu, Mar 5
Canadian Dollar jumps above 1.3600 on rising crude oil prices
The USD/CAD pair loses ground to near 1.3630 during the early Asian session on Thursday. The Canadian Dollar (CAD) gathers strength against the Greenback amid a jump in oil prices. Traders will take more cues from the US weekly Initial Jobless Claims reports later on Thursday.
EUR/USD edges lower below 1.1650 as Middle East tensions fuel US Dollar strength
The EUR/USD pair trades in negative territory around 1.1635 during the early Asian session on Thursday. The US Dollar (USD) strengthens against the Euro (EUR) as escalating Middle East conflict boosts safe-haven flows.
Fxstreet
Thu, Mar 5
AUD/USD Price Forecast: Rises towards 0.7080 on overall USD weakness
The AUD/USD reversed its course, climbing some 0.61% on Wednesday as the US Dollar remains on the backfoot due to an improvement in market mood, sponsored by solid US economic data. At the time of writing, the pair trades at 0.7077, poised to end near the day’s high.Fxstreet
Wed, Mar 4
USD/MXN trips down towards 17.56 as risk appetite boosts Mexican Peso
The Mexican Peso recovers some ground on Wednesday due to an improvement in risk appetite even though hostilities in the Middle East, extended for the fifth consecutive day. Solid US economic data was ignored by MXN bulls, as depicted by the USD/MXN pair which trades at 17.56, down 0.74%.
Fxstreet
Wed, Mar 4
USD/JPY pulls back from one-month highs as Dollar strength fades
The Japanese Yen (JPY) trades on the front foot against the US Dollar (USD) on Wednesday as the Greenback pauses after two days of strong gains, allowing the Yen to recover modestly. However, market sentiment remains cautious amid escalating tensions from the ongoing US-Iran war.
Fxstreet
Wed, Mar 4
EUR/USD stabilises after touching three-month low as USD rally stalls
EUR/USD holds firm on Wednesday after briefly slipping to a three-month low on Tuesday. The pair stabilises as the US Dollar (USD) takes a breather following a two-day rally, with the Euro (EUR) drawing modest support from upbeat Eurozone economic data.Fxstreet
Wed, Mar 4
USD/CHF retreats as US Dollar pulls back from multi-month highs
USD/CHF trades under mild pressure on Wednesday after choppy two-way price action, as the US Dollar (USD) eases following a two-day rally while traders assess Swiss inflation data alongside intervention warnings from the Swiss National Bank (SNB).
Fxstreet
Wed, Mar 4
USD/JPY: Safe haven support and BoJ path – Rabobank
Rabobank's Senior FX Strategist Jane Foley discusses USD/JPY backing off highs near 158 as profit taking and hawkish comments from BoJ Governor Ueda support the Japanese Yen. The bank highlights Japan’s vulnerability to higher energy prices but stresses the Yen’s safe haven role.Fxstreet
Wed, Mar 4
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