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EUR/JPY price forecast: Eyes bullish breakout above 172.50 barrier
EUR/JPY extends its winning streak for the third successive session, trading around 172.40 during the European hours on Tuesday. The technical analysis of the daily chart suggests a potential for a bullish bias as the currency cross is attempting to break above the rectangular pattern.
Fxstreet
Tue, Aug 12
FOREX-Currency markets brace for US inflation data
Traders watch for signs of tariff pressures in US CPI dataAussie largely shrugs off widely expected RBA rate cutSterling little moved by British jobs data By Kevin Buckland and Alun John TOKYO/LONDON, Aug 12 (Reuters) - Currency markets were in a holding pattern on Tuesday, with traders' relu...Reuters
Tue, Aug 12
NZD/USD holds losses below 0.5950 ahead of US CPI data
NZD/USD extends its losses for the second successive session, trading around 0.5930 during the early European hours on Tuesday. The pair faces challenges as the US Dollar (USD) remains stable amid market caution ahead of the US consumer inflation data, due later in the North American session.
Fxstreet
Tue, Aug 12
Australia cuts interest rates, signals more to come as inflation slows
RBA cuts rates by 25bp to 3.6%, third cut this yearBullock says forecasts centred on a few more cutsAustralian dollar slips 0.2%, bonds reverse earlier lossesBy Stella Qiu and Wayne Cole SYDNEY, Aug 12 (Reuters) - Australia's central bank cut interest rates on Tuesday for a third time this ye...Reuters
Tue, Aug 12
EUR/GBP softens to below 0.8650 after UK employment data
The EUR/GBP cross loses traction to around 0.8640 during the early European session on Tuesday. The Pound Sterling (GBP) strengthens against the Euro (EUR) after the UK employment data. Traders will keep an eye on the Zew Survey from the Eurozone and Germany later on Tuesday.
Fxstreet
Tue, Aug 12
COLUMN-Treasuries have dozed off for the summer: Mike Dolan
By Mike DolanLONDON, Aug 12 (Reuters) - The Treasury market appears to have nodded off while the stock market cruises at record highs. It may just be the summer doldrums, but it's a head-scratcher for investors who've fretted about a looming bust-up in both.The implementation of U.S. Preside...Reuters
Tue, Aug 12
USD/CAD hovers below 1.3800 amid improved Oil prices ahead of US inflation data
USD/CAD stays silent after registering gains in the previous three consecutive days, trading around 1.3780 during the Asian hours on Tuesday. The pair may face challenges as the commodity-linked Canadian Dollar (CAD) receives support from improved crude Oil prices.
Fxstreet
Tue, Aug 12
EUR/CAD Price Forecast: Wobbles above 1.6000 ahead of Eurozone ZEW Survey data
The EUR/CAD pair trades in a tight range around 1.6020 during the late Asian trading session on Tuesday. The pair consolidates ahead of the Eurozone EW Survey – Economic Sentiment data for August, which will be published at 09:00 GMT.
Fxstreet
Tue, Aug 12
Australia dollar barely blinks at rate cut, more priced in
By Wayne Cole SYDNEY, Aug 12 (Reuters) - The Australian dollar barely budged on Tuesday after the country's central bank cut interest rates as expected and stayed cautious on the outlook for more, leaving markets anticipating a three-month break until the next likely easing.In a unanimous dec...Reuters
Tue, Aug 12
FOREX-Dollar advances against yen ahead of US inflation data
Risks skewed to modest dollar gains after CPI: TD Securities Traders watch for signs of tariff pressures in CPI dataAussie largely shrugs off widely expected RBA rate cutBy Kevin Buckland TOKYO, Aug 12 (Reuters) - The dollar firmed against the yen on Tuesday and held its ground against the euro a...Reuters
Tue, Aug 12
