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USD/CAD Price Forecast: Consolidates near two-week high as bulls await move beyond 1.3700
The USD/CAD pair touches a nearly two-week high during the Asian session on Thursday and looks to extend the recent move up witnessed over the past week or so. Meanwhile, bulls await a sustained strength and acceptance above the 1.3700 mark before placing fresh bets amid mixed fundamental cues.
Fxstreet
Thu, Feb 19
EUR/USD Price Forecast: Tests 1.1800 barrier above 50-day EMA
EUR/USD gains ground after three days of losses, trading around 1.1790 during the Asian hours on Thursday. The 14-day Relative Strength Index (RSI) momentum indicator at 47 (neutral) reflects easing momentum. The RSI below 50 keeps momentum balanced and could limit follow-through.
Fxstreet
Thu, Feb 19
USD/CHF treads water above 0.7700 ahead of Swiss Trade Balance data
USD/CHF remains in the negative territory after paring daily losses, trading near 0.7720 during the Asian hours on Thursday. The pair struggles as the Swiss Franc (CHF) draws safe-haven support amid persistent tensions between the United States and Iran, alongside stalled Ukraine-Russia talks.
Fxstreet
Thu, Feb 19
Pound Sterling struggles near four-week low vs. USD, below 1.3500 amid BoE rate cut bets
The GBP/USD pair is seen consolidating its weekly losses registered over the past three days and oscillating in a narrow range near a four-week trough, touched during the Asians session on Thursday.
Fxstreet
Thu, Feb 19
EUR/JPY rises above 182.50 despite BoJ rate hike bets
EUR/JPY extends its gains for the second successive session, trading around 182.80 during the Asian hours on Thursday. The upside of the currency cross could be restrained as the Japanese Yen (JPY) may find support from expectations that the Bank of Japan (BoJ) will continue tightening policy.
Fxstreet
Thu, Feb 19
NZD/USD rebound from nearly two-week low, remains vulnerable below 0.6000
The NZD/USD pair recovers slightly from the vicinity of mid-0.5900s or a nearly two-week low set during the Asian session on Thursday, and recovers a part of the previous day's dovish Reserve Bank of New Zealand (RBNZ)-inspired losses.
Fxstreet
Thu, Feb 19
AUD/JPY holds steady near 109.00 after Australia jobs data
The AUD/JPY cross trades on a flat note near 109.00 during the Asian trading hours on Thursday. The release of the Australian employment report for January fails to boost the Australian Dollar (AUD) against the Japanese Yen (JPY).
Fxstreet
Thu, Feb 19
EUR/USD slumps below 1.1800 on hawkish Fed Minutes, eyes on ECB succession
The EUR/USD pair tumbles to a near two-week low around 1.1785 during the early Asian session on Thursday. The US Dollar (USD) strengthens against the Euro (EUR) on hawkish FOMC minutes that revived speculation about potential interest rate hikes if inflation remains elevated.Fxstreet
Wed, Feb 18
AUD/NZD surges to fresh highs as Dovish RBNZ gives Aussie the win
The AUD/NZD cross spiked higher on Wednesday as the Reserve Bank of New Zealand's (RBNZ) dovish hold triggered a broad New Zealand Dollar (NZD) sell-off, while the Australian Dollar (AUD) remained supported by the Reserve Bank of Australia's (RBA) recent hawkish posturing.
Fxstreet
Wed, Feb 18
AUD/USD drifts lower after RBA minutes as jobs data looms
The RBA minutes released on Tuesday reinforced the hawkish tone set by Governor Bullock's post-decision press conference, noting that private demand is growing faster than expected and capacity pressures are greater than previously assessed.Fxstreet
Wed, Feb 18
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