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EUR/USD flat lines around 1.1900; looks to US NFP report for fresh directional impetus
The EUR/USD pair is seen oscillating in a narrow trading band around the 1.1900 mark during the Asian session on Wednesday as traders opt to wait for the release of US monthly employment details before placing fresh directional bets.
Fxstreet
Wed, Feb 11
USD/CAD edges lower to near 1.3550 as crude oil prices rise, US NFP data in focus
The USD/CAD pair trades in negative territory for the fourth consecutive day near 1.3550 during the early Asian session on Wednesday. Higher crude oil prices continue to underpin the commodity-linked Canadian Dollar (CAD) against the Greenback.
Fxstreet
Wed, Feb 11
USD/JPY hangs near one-week low; bears await break below 154.00 ahead of US NFP
The USD/JPY pair remains on the back foot below mid-154.00s through the Asian session on Wednesday and looks to build on its heavy losses registered over the past two days. Traders, however, seem reluctant and might opt to wait for the delayed release of the US monthly employment details.
Fxstreet
Wed, Feb 11
NZD/USD hamstrung near 0.6050 with US NFP in the barrel
The New Zealand Dollar is trading in a well-defined uptrend on the daily chart, with price holding above both the 50 Exponential Moving Average (EMA) at 0.5874 and the 200 EMA at 0.5845 after a strong rally from the late November low near 0.5580.
Fxstreet
Tue, Feb 10
AUD/USD takes a breather as midweek NFP looms
The Australian Dollar is holding a strong uptrend on the daily chart, with price trading well above both the 50 Exponential Moving Average (EMA) at 0.6797 and the 200 EMA at 0.6611, confirming a firmly bullish structure of higher highs and higher lows since the late November swing low near 0.6421.Fxstreet
Tue, Feb 10
EUR/USD slips below 1.1900 as hawkish Fed pushback lifts Dollar
The Euro retreats during the North American session edges below the 1.1900 figure against the Greenback as some Federal Reserve officials pushed back against further rate cuts, even though US Retail Sales data, disappointed traders.Fxstreet
Tue, Feb 10
CNY: Softer CPI keeps PBoC easing in play – TD Securities
TD Securities expects China’s January CPI to slow, with its forecast at 0.3% year-on-year versus 0.4% consensus, driven by sharply easing food inflation after recent surges. Weak services price pressures reflect tepid demand.Fxstreet
Tue, Feb 10
AUD/USD edges lower as markets await US NFP and China CPI
AUD/USD ticks lower on Tuesday, pausing a two-day winning run as weak domestic consumer sentiment data weighs on the Australian Dollar (AUD). The pair, however, struggles to attract fresh sellers with a broadly softer US Dollar limiting downside pressure.Fxstreet
Tue, Feb 10
GBP/USD slips below 1.3700 as weak US data meets UK political jitters
The Pound Sterling consolidates below 1.3700 edges down 0.2% during the North American session as the Greenback pares some of its earlier loses after the release of worse than expected US data. The GBP/USD trade at 1.3660 after hitting a daily high of 1.3696.Fxstreet
Tue, Feb 10
EUR/GBP climbs amid Euro rebound, UK political concerns
EUR/GBP trades around 0.8715 on Tuesday at the time of writing, up 0.15% on the day. The cross draws moderate support from the Euro (EUR), although the single currency’s momentum remains broadly contained by the latest signals from the European Central Bank (ECB).
Fxstreet
Tue, Feb 10
EUR/USD trims losses as disappointing US Retail Sales pressure the Greenback
EUR/USD recovers from earlier daily lows on Tuesday after spending most of the day in a tight range, as softer-than-expected US Retail Sales data weighs on the US Dollar (USD) and offers modest support to the Euro (EUR).Fxstreet
Tue, Feb 10
GBP/JPY weakens as UK political turmoil contrasts with Yen's post-election stability
The British Pound (GBP/GBP) edges lower against the Japanese Yen on Tuesday, as renewed political uncertainty in the UK weighs on the Pound. At the time of writing, GBP/JPY is trading around 212.00, down nearly 0.70% on the day.
Fxstreet
Tue, Feb 10
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