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NZD/USD strengthens to near 0.5950 after RBNZ’s Hawkesby speech
The NZD/USD pair gains traction around 0.5945 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) edges higher against the Greenback on rising expectations that the US Federal Reserve (Fed) will deliver three rate cuts before the year's end.
Fxstreet
Thu, Sep 11
AUD/USD toys with ten-month high ahead of US CPI inflation print
AUD/USD rose into its highest bids in ten months on Wednesday, tapping the 0.6635 region for the first time since November of last year. The Aussie caught a firm bid through the day, driven by a general buoyancy to market risk appetite.
Fxstreet
Wed, Sep 10
USD/CAD holds firm above 1.3850 as traders pile into BoC rate cut bets
The USD/CAD pair gains ground for a second consecutive day around 1.3860 during the early Asian session on Thursday. The Canadian Dollar (CAD) weakens against the US Dollar (USD) amid expectations that the Bank of Canada (BoC) would resume its easing cycle this month.
Fxstreet
Wed, Sep 10
NZD/USD Price Forecast: Struggles at 100-day SMA ahead of US CPI
The New Zealand Dollar advanced on Wednesday, posted gains of over 0.24% as traders digested the latest factory gate inflation report. An evolution of the disinflation process, drove the NZD/USD pair higher, past the 0.9540 mark during the day.Fxstreet
Wed, Sep 10
EUR/USD steady at 1.1700 as softer US PPI fuels rate cut bets
The EUR/USD remains steady at around 1.1700 on Wednesday as market participants digest US economic data. US Dollar weakness triggered by a softer inflation report and growing speculation for the first rate cut by the Federal Reserve (Fed) keeps the pair trading within familiar levels.
Fxstreet
Wed, Sep 10
Swiss Franc gains after weak US PPI; SNB’s Schlegel signals cautious stance
The Swiss Franc (CHF) strengthens modestly against the US Dollar (USD) on Wednesday, with USD/CHF trimming intraday gains as the Greenback softens after softer-than-expected US Producer Price Index (PPI) figures further cemented market expectations that the Federal Reserve (Fed) will cut interest ra
Fxstreet
Wed, Sep 10
GBP/USD holds near 1.3550 as soft US PPI boosts Fed cut bets
The GBP/USD hoovers around the 1.3550 figure for the third straight day after the latest inflation report in the United States (US) showed that prices paid by producers dipped in August, increasing the chances for an interest rate cut by the Federal Reserve.Fxstreet
Wed, Sep 10
Eurozone FX Today: The ECB's pause comes under scrutiny
The Euro (EUR) is holding steady against the US Dollar (USD), trading at 1.1710 on Wednesday. A wait-and-see attitude prevails ahead of the European Central Bank's (ECB) monetary policy meeting, scheduled for Thursday at 12:15 GMT.Fxstreet
Wed, Sep 10
EUR/USD steadies above 1.1700 after US PPI miss, attention shifts to ECB
The Euro (EUR) is edging modestly higher against the US Dollar (USD) on Wednesday, as the Greenback lost momentum after weaker-than-expected US Producer Price Index (PPI) figures added to market bets that the Federal Reserve (Fed) will deliver a rate cut next week.Fxstreet
Wed, Sep 10
JPY: Markets assess political developments and BoJ outlook – Scotiabank
The Japanese Yen (JPY) is trading flat against the US Dollar (USD) and consolidating in an incredibly tight range as market participants await Friday’s industrial production data, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Sep 10
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