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USD/CAD Price Forecast: Might correct further to near 1.4140 as oscillators start cooling down
The USD/CAD pair trades flat at around 1.14195 during the European trading session on Monday. The Loonie pair consolidates as investors shift focus to the United States (US) Nonfarm Payrolls (NFP) data for June, which will be released on Thursday.
Fxstreet
Mon, Jun 29
Australian Dollar struggles against softer US Dollar amid geopolitical uncertainty
AUD/USD remains subdued for the second successive day, trading around 0.6890 during the European hours on Monday. The pair is consolidating its recent losses as a subdued Australian Dollar (AUD) battles a softer US Dollar (USD) amid persistent geopolitical uncertainty.
Fxstreet
Mon, Jun 29
Australian Dollar: Consolidates after sharp fall against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang notes AUD/USD remains locked in a short-term range between 0.6880 and 0.6920 after a recent impulsive decline. Downward momentum is starting to ease, with a break above 0.6940 seen as signalling that the major 0.6835 support is out of reach.Fxstreet
Mon, Jun 29
USD/JPY Price Forecast: Remains sideways below 162.00 despite Japan intervention fears
The USD/JPY pair trades in a tight range around 161.80 during the European trading session on Monday. The pair struggles for a direction while market experts remain confident of Tokyo’s intervention to support the Japanese Yen (JPY).Fxstreet
Mon, Jun 29
GBP/USD Price Forecast: Pound keeps looking for direction around 1.3200
The British Pound (GBP) is practically flat against the US Dollar (USD) on Monday, with Pound bulls subdued amid rising geopolitical tensions and the UK’s political impasse, while the safe-haven USD treads water, awaiting an array of US employment indicators.
Fxstreet
Mon, Jun 29
British Pound: Pound capped as bearish bias lingers against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang highlights that GBP/USD continues to lack clear momentum, with intraday action expected between 1.3175 and 1.3225. The bank maintains a negative 1–3 week view, seeing scope for a drop toward 1.3110 while strong resistance at 1.3245 caps upside.Fxstreet
Mon, Jun 29
Euro posts modest losses against British Pound ahead of ECB’s annual forum
The EUR/GBP cross loses ground to near 0.8625 during the early European trading hours on Monday. Fading additional rate hike expectations from the European Central Bank (ECB) weigh on the Euro (EUR) against the British Pound (GBP). Traders will closely watch the ECB’s annual forum later on Monday.
Fxstreet
Mon, Jun 29
Swiss Franc steadies against US Dollar amid market caution
USD/CHF remains flat for the second successive day, hovering around 0.8100 during the Asian hours on Monday. The pair moves little as the US Dollar (USD) remains calm amid market caution following the latest military clashes between the United States (US) and Iran and its temporary truce.
Fxstreet
Mon, Jun 29
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