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USD/CAD Price Forecast: Tests 1.4000 barrier after breaking above nine-day EMA
USD/CAD extends its gains for the second successive session, trading around 1.3990 during the early European hours on Friday. The technical analysis of the daily chart indicates a price consolidation, with the USD/CAD pair rebounding from the lower boundary of its rectangle pattern.
Fxstreet
Fri, Oct 31
USD/INR moves higher due to US-China trade optimism, receding Fed dovish bets
The Indian Rupee (INR) trades lower against the US Dollar (USD) after a flat opening on Friday. The USD/INR pair rises to near 88.85 as the US Dollar (USD) trades broadly firm due to receding Federal Reserve (Fed) dovish bets, and improving trade relations between the United States (US) and China.Fxstreet
Fri, Oct 31
EUR/JPY holds steady above 178.00, remains close to record high touched on Thursday
The EUR/JPY cross attracts some dip-buyers near the 177.85 area during the Asian session on Friday, and for now, it seems to have stalled its modest pullback from the all-time peak, touched the previous day.
Fxstreet
Fri, Oct 31
Japanese Yen sticks to stronger Tokyo CPI-inspired gains; lacks follow-through buying
The Japanese Yen (JPY) strengthens during the Asian session after data released this Friday showed that inflation in Tokyo rose at a faster pace and backed the case for an imminent rate hike by the Bank of Japan (BoJ).
Fxstreet
Fri, Oct 31
USD/CAD maintains position near 1.4000 as expectations for further Fed rate cuts diminish
USD/CAD remains steady after registering gains in the previous session, trading around 1.3980 during the Asian hours on Friday. The pair appreciated as the US Dollar (USD) received support after Federal Reserve (Fed) Chair Jerome Powell's comments lowered expectations for further interest rate cuts.Fxstreet
Fri, Oct 31
EUR/USD defends 1.1550-40 support as USD consolidates post-FOMC gains, lacks follow-through
The EUR/USD pair attracts some dip-buyers during the Asian session on Friday and, for now, seems to have snapped a two-day losing streak back closer to the monthly low, around the 1.1550-1.1540 horizontal support.Fxstreet
Fri, Oct 31
GBP/USD tests six months lows as Pound Sterling continues to sink
GBP/USD fell again on Thursday, grinding down toward the 1.3100 handle and tipping into six month lows at 1.3116. The Pound Sterling (GBP) continues to shed weight against the US Dollar (USD), and is down over 2% against the Greenback through the month of October alone.
Fxstreet
Thu, Oct 30
AUD/USD Price Forecast: Slips below 0.66 on US Dollar strength
The AUD/USD ended Thursday session with losses of 0.31%, beneath the 0.6600 figure after reaching a two-week high of 0.6617 following a red-hot inflation report two days ago that increased the chances that the Reserve Bank of Australia (RBA) would likely keep rates unchanged.Fxstreet
Thu, Oct 30
FX Today: Inflation data in Japan and the Euroland gather all the attention
The US Dollar (USD) added to Wednesday’s post-Fed strong rebound and climbed to fresh two-month highs as market participants continued to assess the Fed’s rate cut, the cautious approach from Chief Powell, and the lack of progress over a deal to end the federal government shutdown.
Fxstreet
Thu, Oct 30
USD/CHF steady near two-week high amid Fed caution and dovish SNB remarks
The Swiss Franc (CHF) weakens against the US Dollar (USD) on Thursday, with USD/CHF extending its advance to a two-week high around 0.8026, as the Greenback strengthens broadly following the Federal Reserve’s (Fed) latest interest rate decision and renewed optimism over a US-China trade truce.
Fxstreet
Thu, Oct 30
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