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EUR/USD slips toward 1.16 as Dollar strengthens on easing US–China tensions
EUR/USD falls during the North American session, edges lower 0.31% as the Greenback remains bid as a sign of relief as US President Trump tempers his rhetoric on China. The pair trades at 1.1599 after reaching a high of 1.1655.
Fxstreet
Tue, Oct 21
GBP/USD slips as Dollar rebounds, traders await UK and US CPI data
GBP/USD tumbles during the North American session, down over 0.17% as the Greenback stages a recovery, hitting a three day high according to the US Dollar Index (DXY). at the time of writing, the pair trades at 1.3384 after reaching a high of 1.3416.
Fxstreet
Tue, Oct 21
GBP/JPY steady as Japan’s new leadership weighs on Yen, UK fiscal strain persists
The British Pound (GBP) gains traction against the Japanese Yen (JPY) on Tuesday, as the Yen weakens across the board following Japan’s parliamentary vote earlier in the day that confirmed Sanae Takaichi as the country’s new Prime Minister.
Fxstreet
Tue, Oct 21
USD/CAD steadies as hot Canadian CPI data trims BoC rate cut bets
The Canadian Dollar (CAD) steadies against the US Dollar (USD) on Tuesday, with USD/CAD erasing earlier gains following stronger-than-expected September inflation data. At the time of writing, the pair is trading around 1.4030, easing from session highs.Fxstreet
Tue, Oct 21
NZD/USD Price Forecasts: Kiwi is testing support at the 0.5700 area
New Zealand Dollar’s rejection at the 0.5750-0.5760 resistance area on Monday has reactivated bearish pressure on the pair, pushing prices to the bottom of last week’s trading range, right above 0.5700, which is being tested at the moment.Positive comments from US President Trump, who showed hopes o
Fxstreet
Tue, Oct 21
USD/JPY surges as BOJ hike odds collapse ahead of CPI data – BBH
USD/JPY rallied by roughly 0.8% to 151.60. Unverified sources signal that Bank of Japan (BOJ) officials are of the view there’s no urgency to hike the benchmark rate next week. Interest rate futures quickly slashed BOJ October rate hike bets from 25% to under 10%, BBH FX analysts report.Fxstreet
Tue, Oct 21
AUD/USD: Expected to trade in a sideways range of 0.6445/0.6555 – UOB Group
Australian Dollar (AUD) is facing mild upward pressure and may edge higher to 0.6530; it is unlikely to break clearly above this level. In the longer run, for the time being, AUD is expected to trade in a sideways range of 0.6445/0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Oct 21
GBP/USD: Above 1.3475, GBP could rise further to 1.3505 – UOB Group
Pound Sterling (GBP) is likely to trade in a range between 1.3385 and 1.3435. In the longer run, if GBP breaks clearly above 1.3475, it could rise further to 1.3505, potentially testing 1.3530, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Oct 21
EUR: Eyes back on 1.160 – ING
EUR/USD remains almost entirely driven by US credit/equity sentiment: here, further stabilisation could take EUR/USD all the way to 1.160. Levels below that will be harder to justify unless the US CPI on Friday comes in hotter than expected, ING's FX analyst Francesco Pesole notes.Fxstreet
Tue, Oct 21
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