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USD/JPY might drop to 146.30 – UOB Group
US Dollar (USD) is likely to trade in a range between 146.70 and 147.70. In the longer run, sharp declines appear excessive, but USD could drop to 146.30. The odds for a continued decline below this level are not high, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/JPY
Fxstreet
Fri, Oct 3
USD/JPY: LDP election awaits – OCBC
LDP party will vote to select its leader on Sat. It is a full-spec vote, meaning that the election is conducted in its complete format. Each of the LDP's 295 Diet members will cast a vote, and another 295 votes will be determined based on ballots of rank-and-file members (about 1.1mio of them).
USD/JPY
Fxstreet
Fri, Oct 3
USD/JPY dips below 147.50 with the Dollar weighed amid the risk-on mood
The US Dollar’s rebound against the Japanese Yen has lost momentum during Friday’s European Morning session, as the pair retreated from daily highs at the 147.80 area to levels around 147.30 at the moment of writing.The pair rallied from two-week lows at 146.55 on late Thursday’s trading and Friday’
USD/JPY
Fxstreet
Fri, Oct 3
NZD/USD has likely moved into a 0.5770/0.5865 range – UOB Group
New Zealand Dollar (NZD) appears to have entered a sideways-trading phase and is likely to trade between 0.5790 and 0.5830. In the longer run, NZD has likely moved into a 0.5770/0.5865 range-trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZD/USD
Fxstreet
Fri, Oct 3
EUR steady despite French budget gridlock – BBH
EUR/USD recovered to 1.1740 from yesterday’s low near 1.1685. French Prime Minister Sebastien Lecornu will meet with lawmakers today for crunch talks ahead of the October 13 budget deadline.
EUR/USD
Fxstreet
Fri, Oct 3
AUD/USD might test the support at 0.6570 before recovering – UOB Group
Australian Dollar (AUD) could test the support at 0.6570 before recovering; the major support at 0.6545 is not expected to come into view.
AUD/USD
Fxstreet
Fri, Oct 3
JPY slips as Ueda strikes dovish tone – BBH
The Japanese Yen (JPY) is under pressure after BOJ Governor Ueda downplayed risks of falling behind the inflation curve, signaling no urgency to tighten.
USD/JPY
Fxstreet
Fri, Oct 3
USD/JPY pulls back from 150 resistance – Société Générale
USD/JPY failed to hold above 150 and slipped below its 200-day moving average, with focus now shifting to support at 146.20/145.40. A break lower could open the door to further downside, Société Générale's FX analysts note.
USD/JPY
Fxstreet
Fri, Oct 3
EUR/GBP Price Forecast: Euro approaches 0.8740 resistance area
The Euro is trading higher for the second consecutive day against the British Pound on Friday.
EUR/GBP
Fxstreet
Fri, Oct 3
GBP/USD may retest the 1.3400 level – UOB Group
The softened underlying suggests Pound Sterling (GBP) may retest the 1.3400 level; a continued decline below this level is unlikely. In the longer run, GBP is likely to trade in a range between 1.3360 and 1.3525, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBP/USD
Fxstreet
Fri, Oct 3
EUR/USD: Likely to trade in a range of 1.1690/1.1750 – UOB Group
There has no significant shift in either downward or upward momentum; Euro (EUR) is likely to trade in a range of 1.1690/1.1750. In the longer run, EUR is likely to trade between 1.1675 and 1.1790 for the time being, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
EUR/USD
Fxstreet
Fri, Oct 3
EUR: Lower energy prices are good news – ING
EUR/USD remains glued to the 1.1700 area. Three-month traded volatility has dropped to its lowest level since last November, at 6.60%, ING's FX analyst Chris Turner notes.
EUR/USD
Fxstreet
Fri, Oct 3
USD/CHF consolidates above 0.7950 after rejection at 0.8000
The US Dollar was rejected again at the 0.8000 psychological level against the Swiss Franc, and is trading lower on Friday, weighed by a moderate risk appetite.
USD/CHF
Fxstreet
Fri, Oct 3
Eurozone Producer Price Index (YoY) came in at -0.6% below forecasts (-0.4%) in August
Eurozone Producer Price Index (YoY) came in at -0.6% below forecasts (-0.4%) in August
EUR/USD
Fxstreet
Fri, Oct 3
Eurozone Producer Price Index (MoM) below expectations (-0.1%) in August: Actual (-0.3%)
Eurozone Producer Price Index (MoM) below expectations (-0.1%) in August: Actual (-0.3%)
EUR/USD
Fxstreet
Fri, Oct 3
US ISM Services PMI expected to reflect stable momentum in the services industry
The Institute for Supply Management (ISM) is scheduled to release the September Services Purchasing Managers’ Index (PMI) this Friday.
EUR/USD
Fxstreet
Fri, Oct 3
AUD/USD rises to near 0.6600 as traders pare RBA dovish bets
The AUD/USD pair gains slightly to near 0.6605 during the European trading session on Friday. The Aussie pair moves higher as the Australian Dollar (AUD) gains amid easing bets supporting interest rate cuts by the Reserve Bank of Australia (RBA) in the policy meeting in November.
AUD/USD
Fxstreet
Fri, Oct 3
Pound Sterling wobbles against US Dollar on absence of US economic data releases
The Pound Sterling (GBP) trades in a tight range around 1.3440 against the US Dollar (USD) during the European trading session on Friday.
GBP/USD
Fxstreet
Fri, Oct 3
NZD/USD edges up to day highs near 0.5820 but remains within previous ranges
The New Zealand Dollar is nudging higher at Friday’s early European trading session. The pair has reached fresh session highs a few pips shy of 0.5830.
NZD/USD
Fxstreet
Fri, Oct 3
Eurozone HCOB Composite PMI meets expectations (51.2) in September
Eurozone HCOB Composite PMI meets expectations (51.2) in September
EUR/USD
Fxstreet
Fri, Oct 3
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