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GBP/JPY retreats from 14-month high as BoJ hike bets rise
GBP/JPY is trading lower on Tuesday, extending its pullback from Monday’s 14-month high near 200.35, as investors reassess the monetary policy outlook on both sides of the cross.
GBP/JPY
Fxstreet
Tue, Sep 9
USD/JPY: Markets digest report of BoJ’s undeterred hawkishness – Scotiabank
The Japanese Yen (JPY) is strong, up 0.7% against the US Dollar (USD) and outperforming all of the G10 currencies as we head into Tuesday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
USD/JPY
Fxstreet
Tue, Sep 9
GBP gains driven by sentiment – Scotiabank
The Pound Sterling (GBP) is up 0.3% against the US Dollar (USD) and outperforming most of the G10 currencies as we enter Tuesday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
GBP/USD
Fxstreet
Tue, Sep 9
USD/CAD Price Forecast: Consolidates around 1.3800 ahead of US NFP revision
The USD/CAD pair trades in a tight range inside Monday’s range around 1.3800 during the European session on Tuesday. The Loonie pair consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) benchmark revision report, which will be published at 14:00 GMT.
USD/CAD
Fxstreet
Tue, Sep 9
EUR quiet but threatening multi-year highs – Scotiabank
The Euro (EUR) is quietly consolidating its recent gains and trading at fresh one month highs vs. the US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
EUR/USD
Fxstreet
Tue, Sep 9
EUR/JPY dives to levels near 172.00 after BoJ’s hawkish comments
The Euro reversal from 173.90 highs against the Yen is extending 0.73% lower so far on Tuesday, reaching one-week lows at 172.20 so far, as the JPY appreciates across the board following hawkish comments by BoJ officials.
EUR/JPY
Fxstreet
Tue, Sep 9
CAD holds neutral range vs USD – Scotiabank
The Canadian Dollar (CAD) is dead flat on the session, with neither the generally softer USD tone nor the bid for its commodity cousins helping lift sentiment (AUD/CAD trading near its highest since late 2024), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
USD/CAD
Fxstreet
Tue, Sep 9
AUD/USD revisits almost 10-month high around 0.6620 as US Dollar underperforms
The AUD/USD pair reclaims the 10-month around 0.6620 during the European trading session on Tuesday. The Aussie pair strengthens as the US Dollar (USD) underperforms its peers amid firm expectations that the Federal Reserve (Fed) will cut interest rates in the policy meeting next week.
AUD/USD
US Dollar Index
Fxstreet
Tue, Sep 9
USD/JPY slides to two-week lows sub-146.50 on hawkish BoJ comments
The US Dollar depreciates against the Japanese Yen for the third consecutive day on Tuesday, reaching two-week lows below 146.50 and approaching August’s trough, at 146.20.
USD/JPY
Fxstreet
Tue, Sep 9
NZD/USD: Overbought conditions may limit any gains to a test of 0.5960 – UOB Group
Strong momentum indicates further New Zealand Dollar (NZD) strength; overbought conditions may limit any gains to a test of 0.5960.
NZD/USD
Fxstreet
Tue, Sep 9
AUD/USD approaches key resistance at 0.6625 – BBH
AUD/USD is testing resistance near 0.6625 as resilient global activity and Australia’s labor market trends support expectations for a slower pace of RBA easing.
AUD/USD
Fxstreet
Tue, Sep 9
EUR/USD retreats after stalling near 1.1780 resistance – BBH
EUR/USD is under pressure as French political uncertainty intensifies.
EUR/USD
Fxstreet
Tue, Sep 9
USD/CAD Price Forecast: Stays silent below 1.3800, nine-day EMA
USD/CAD trades around 1.3800 during the European hours on Tuesday, extending its losses for the second consecutive day. The technical analysis of the daily chart suggests that the pair consolidates within an ascending channel pattern, indicating that market bias is bullish.
USD/CAD
Fxstreet
Tue, Sep 9
AUD/USD: Any advance is unlikely to reach 0.6625 – UOB Group
Strong momentum suggests Australian Dollar (AUD) could continue to rise; with negative divergence forming, any advance is unlikely to reach 0.6625.
AUD/USD
Fxstreet
Tue, Sep 9
GBP/USD: Major resistance at 1.3595 is likely out of reach – UOB Group
Pound Sterling (GBP) could continue to rise; the major resistance at 1.3595 is likely out of reach. 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
Tue, Sep 9
EUR: French politics to drag – ING
As expected, French PM Francois Bayrou lost his vote of confidence in parliament yesterday and has tendered his resignation, ING's FX analyst Chris Turner notes.
EUR/USD
Fxstreet
Tue, Sep 9
EUR/GBP Price Forecast: Bears are pushing against the 0.8660 support area
The Euro is heading lower against the British Pound on Tuesday. The pair has retraced the last two days’ recovery and is extending last week’s reversal from 0.8710 highs to levels near 0.8660 so far.Investors’ concerns about the political crisis in France are weighing on the common currency.
EUR/GBP
Fxstreet
Tue, Sep 9
AUD/USD rebound extends toward key July high at 0.6625 – Société Générale
AUD/USD is building on last month’s rally from 0.6410, reclaiming its 50-day moving average and testing resistance at the July high of 0.6625.
AUD/USD
Fxstreet
Tue, Sep 9
Pound Sterling extends upside against US Dollar ahead of NFP revision report
The Pound Sterling (GBP) extends its winning streak for the third trading day against the US Dollar (USD) on Tuesday.
GBP/USD
Fxstreet
Tue, Sep 9
NZD/USD maintains position near 0.5950 ahead of US NFP Benchmark Revision
NZD/USD extends its winning streak for the third consecutive session, trading around 0.5950 during the Asian hours on Tuesday.
NZD/USD
Fxstreet
Tue, Sep 9
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