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Silver Price Forecast: XAG/USD trades around $40.50 after breaking below 14-year highs
Silver price (XAG/USD) halts its five-day winning streak, trading around $40.30 per troy ounce during the European hours after retreating from $40.85, the highest since September 2011, reached on Tuesday.
Fxstreet
Tue, Sep 2
USD/CAD Price Forecast: Challenges EMAs resistance in a bid to reach 1.3800
USD/CAD continues to gain ground for the second successive session, trading around 1.3780 during the European hours on Tuesday. The technical analysis of the daily chart suggests that the pair moves sideways within a rectangular pattern, suggesting a consolidation phase.
Fxstreet
Tue, Sep 2
NZD/USD Price Forecast: Slumps to near 0.5850 as 20-day EMA remains key barrier
The NZD/USD pair is down 0.8% to near 0.5850 during the European trading session on Tuesday. The Kiwi pair tumbles as the US Dollar (USD) strengthens ahead of the opening of United States (US) markets after an extended weekend.
Fxstreet
Tue, Sep 2
GBP/JPY retreats from YTD peak as surging UK bond yields weigh on GBP
The GBP/JPY cross retreats sharply from the 200.25 region or the vicinity of its highest level since July 2024 amid the emergence of heavy selling around the British Pound (GBP) during the early European session on Tuesday.
Fxstreet
Tue, Sep 2
AUD/JPY Price Forecast: Retains bullish bias, first upside target emerges near 97.00
The AUD/JPY cross attracts some buyers around 96.80 during the early European session on Tuesday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) amid the uncertainty over the likely timing of the next interest rate hike by the Bank of Japan (BoJ).
Fxstreet
Tue, Sep 2
EUR/JPY climbs to three-week top, around 172.80 area ahead of Eurozone inflation data
The EUR/JPY cross prolongs its uptrend for the fourth consecutive day and climbs to a nearly three-week peak, around the 172.75-172.80 region during the Asian session on Tuesday. The intraday move up is exclusively sponsored by the heavily offered tone surrounding the Japanese Yen (JPY) and seems ra
Fxstreet
Tue, Sep 2
GBP/JPY revisits 200.00 as Japanese Yen underperforms across the board
The GBP/JPY pair reclaims the psychological level of 200.00 during the Asian trading session on Tuesday. The pair strengthens as the Japanese Yen (JPY) underperforms across the board amid growing uncertainty about whether the Bank of Japan (BoJ) will hike interest rates again this year.Fxstreet
Tue, Sep 2
USD/CHF drifts higher above 0.8000 as US ISM Manufacturing PMI looms
The USD/CHF pair edges higher to around 0.8015 during the early European session on Tuesday, bolstered by a modest rebound in US Dollar (USD). Nonetheless, potential upside for the pair might be limited amid rising bets of the US Federal Reserve (Fed) rate cut.
Fxstreet
Tue, Sep 2
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