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EUR/GBP gathers strength above 0.8700 ahead of Eurozone/UK PMI releases
The EUR/GBP cross extends the rally to around 0.8735 during the early European session on Tuesday. The Pound Sterling (GBP) softens against the Euro (EUR) amid rising UK fiscal worries, following a significant increase in Britain’s public borrowings.
Fxstreet
Tue, Sep 23
EUR/JPY Price Forecast: First upside barrier emerges above 174.50
The EUR/JPY cross holds steady near 174.40 during the early European session on Tuesday. Political uncertainty in Japan ahead of the Liberal Democratic Party leadership election scheduled for October 4 could weigh on the Japanese Yen (JPY) against the Euro (EUR).
Fxstreet
Tue, Sep 23
USD/CHF trades subduedly around 0.7920 ahead of Fed Powell’s speech
The USD/CHF pair demonstrates a subdued performance around 0.7920 during the late Asian trading session on Tuesday. The Swiss Franc pair is expected to stay on the sidelines, with investors awaiting the speech from Federal Reserve (Fed) Chair Jerome Powell scheduled at 16:35 GMT.
Fxstreet
Tue, Sep 23
USD/CAD holds gains near 1.3850 amid lower Oil prices
USD/CAD extends its gains for the second successive session, trading around 1.3830 during the Asian hours on Tuesday. The pair draws support as the commodity-linked Canadian Dollar (CAD) weakens on declining Oil prices, given that Canada is the largest Oil exporter to the United States (US).
NZD/USD posts modest gains above 0.5850 as traders await Fed’s Powell speech, US PMI data
The NZD/USD pair gathers strength around 0.5865 during the early Asian session on Tuesday. The US Dollar (USD) softens against the New Zealand Dollar (NZD) on growing expectations of a further rate cut from the US Federal Reserve (Fed).Fxstreet
Tue, Sep 23
USD/JPY loses ground below 148.00 as traders digest Fed speeches
The USD/JPY pair loses ground to near 147.75 during the early Asian session on Tuesday. The US Dollar (USD) weakens against the Japanese Yen (JPY) as investors digested comments from Federal Reserve (Fed) officials about its latest monetary policy stance.Fxstreet
Mon, Sep 22
EUR/USD rallies to 1.1800 as Dollar slumps ahead of Powell
EUR/USD rallies as the Greenback gets hammered, hovers around 1.1800 up 0.47% in the day as market players wait for clues of further easing by the Federal Reserve, as a flurry of officials would cross the wires during the week.
Fxstreet
Mon, Sep 22
Euro holds ground amid hawkish Fed tone and improved consumer confidence
The Euro (EUR) steadies against the US Dollar (USD) on Monday, halting a three-day losing streak as the Greenback trades under mild pressure. At the time of writing, EUR/USD is trading near 1.1765 during the American session, easing slightly from its intraday high of 1.1788.Fxstreet
Mon, Sep 22
EUR/GBP retraces losses and approaches Friday’s highs, near 0.8730
The Euro has retraced previous losses against the British Pound during the European Morning session on Monday. The Pair bounced at 0.8710 to return above 0.8720 yet still within the upper area of Friday’s trading range.Fxstreet
Mon, Sep 22
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