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CAD fails to take advantage of softer USD tone – Scotiabank
The Canadian Dollar (CAD) is trading marginally lower in overnight trade but is holding a tight range around the 1.3850 point, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
USD/CAD
Fxstreet
Wed, Sep 10
AUD/USD rallies toward July highs after upbeat data – Rabobank
The Australian Dollar (AUD) climbed near July highs as stronger-than-expected GDP and household spending data cast doubt on further RBA rate cuts this year.
AUD/USD
Fxstreet
Wed, Sep 10
USD/JPY wobbles around 147.50 ahead of US producer inflation data
The USD/JPY pair trades in a tight range around 147.50 during the European trading session on Wednesday. The pair consolidates as investors await the United States (US) Producer Price Index (PPI) data for August, which will be published at 12:30 GMT.
USD/JPY
US Dollar Index
Fxstreet
Wed, Sep 10
USD/JPY: Expected to trade in a range – UOB Group
US Dollar (USD) is expected to trade in a range, most likely between 147.00 and 148.00. In the longer run, outlook remains mixed; USD is now expected to trade in a range of 146.00/149.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/JPY
Fxstreet
Wed, Sep 10
NZD/USD: Likely to consolidate between 0.5895 and 0.594 – UOB Group
New Zealand Dollar (NZD) is likely to consolidate between 0.5895 and 0.5945. In the longer run, price action indicates NZD is likely to continue to rise, but it remains to be seen if the major resistance at 0.5990 is within reach, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZD/USD
Fxstreet
Wed, Sep 10
AUD/USD may revisit the year-to-date high of 0.6625 – UOB Group
The current price movements are likely part of a 0.6560/0.6605 consolidation range. In the longer run, rapid improvement in upward momentum indicates that AUD may revisit the year-to-date high of 0.6625, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUD/USD
Fxstreet
Wed, Sep 10
GBP/USD: Current price movements are likely part of a broad range – UOB Group
Slight increase in downward momentum is likely to lead to Pound Sterling (GBP) trading in a lower range of 1.3485/1.3560. In the longer run, the current price movements are likely part of a broad range between 1.3430 and 1.3595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBP/USD
Fxstreet
Wed, Sep 10
EUR/USD: Scope to test 1.1690 before stabilisation is likely – UOB Group
Pullback in Euro (EUR) has scope to test 1.1690 before stabilisation is likely; major support at 1.1650 is not expected to come under threat.
EUR/USD
Fxstreet
Wed, Sep 10
USD/JPY: Bias is to sell rallies – OCBC
USD/JPY fell to low of 146.31 yesterday on BoJ report saying see chance of hike this year despite politics. Pair subsequently rebounded. Last seen at 147.64 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
USD/JPY
Fxstreet
Wed, Sep 10
EUR shrugs off French political turmoil – Commerzbank
Meanwhile, the euro appears unaffected by events in France, even though France has significantly larger oustanding bond levels than Greece did.
EUR/USD
Fxstreet
Wed, Sep 10
EUR/JPY Price Forecast: Hovers around 172.50 after breaking below nine-day EMA
EUR/JPY holds ground after registering more than 1% losses in the previous three successive sessions, trading around 172.50 during the European hours on Wednesday.
EUR/JPY
Fxstreet
Wed, Sep 10
USD/CHF: Near term bounce not ruled out – OCBC
USD/CHF rebounded overnight off its multi-week lows of sub-0.80. Pair was last at 0.7975 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
USD/CHF
Fxstreet
Wed, Sep 10
AUD/USD jumps to near 0.6600 as Australian Dollar gains on cheerful market mood
The AUD/USD pair advances to near 0.6600 during the European trading session on Wednesday.
AUD/USD
US Dollar Index
Fxstreet
Wed, Sep 10
EUR/USD: Buy dips preferred – OCBC
Euro (EUR) continued to trade near 1.17-handle despite French political risks. Pair was last at 1.1697, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR/USD
Fxstreet
Wed, Sep 10
EUR/USD slides further weighed by growing geopolitical tensions
The EUR/USD is testing levels below 1.1700 at the time of writing on Wednesday, following a reversal from multi-week highs near 1.1780 the previous day.
EUR/USD
Fxstreet
Wed, Sep 10
Pound Sterling gains against its peers amid upbeat market mood
The Pound Sterling (GBP) trades higher against its major currency peers, except antipodeans, on Wednesday. The British currency demonstrates strength as the market sentiment remains upbeat amid firm expectations that the Federal Reserve (Fed) will cut interest rates next week.
GBP/USD
Fxstreet
Wed, Sep 10
EC President von der Leyen: Europe stands in full solidarity with Poland after airspace violation
European Commission (EC) President Ursula von der Leyen said on Wednesday, “Europe stands in full solidarity with Poland after violation of airspace.”
EUR/USD
Fxstreet
Wed, Sep 10
Silver Price Forecast: XAG/USD rebounds toward $41.50 as bullish bias persists
Silver price (XAG/USD) recovers its recent losses from the previous session, trading around $41.10 per troy ounce during the early European hours on Wednesday.
Silver
Fxstreet
Wed, Sep 10
NZD/USD strengthens to near 0.5950 ahead of US PPI release
The NZD/USD pair attracts some buyers near 0.5945 during the early European session on Wednesday. The prospect of a jumbo rate cut from the US Federal Reserve (Fed) undermines the US Dollar (USD) against the New Zealand Dollar (NZD).
NZD/USD
Fxstreet
Wed, Sep 10
Forex Today: Market focus shifts to US producer inflation data
Here is what you need to know on Wednesday, September 10:
Fxstreet
Wed, Sep 10
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