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EUR/GBP softens below 0.8650 amid fears of French political crisis
The EUR/GBP cross trades in negative territory near 0.8630 during the early European session on Wednesday. The Euro (EUR) weakens against the Pound Sterling (GBP) amid French political uncertainty as French Prime Minister (PM) François Bayrou might lose a confidence vote on September 9.
Fxstreet
Wed, Aug 27
EUR/JPY Price Forecast: Strengthens above 171.50, further consolidation cannot be ruled out
The EUR/JPY cross gains traction to near 171.85 during the early European session on Wednesday. The Japanese Yen (JPY) softens against the Euro (EUR) amid the improved risk sentiment, which undermines the safe-haven currency.
Fxstreet
Wed, Aug 27
USD/JPY Price Forecast: Strives to break above 200-day EMA
The USD/JPY pair trades 0.4% higher to near 148.00 during the late Asian trading session on Wednesday. The pair advances as the Japanese Yen (JPY) underperforms its peers amid uncertainty surrounding the Tokyo Consumer Price Index (CPI) data for August, which is scheduled to be released on Friday.
Fxstreet
Wed, Aug 27
USD/CAD ticks up around 1.3850, Fed Cook’s ousting keeps US Dollar on back foot
The USD/CAD pair edges higher to near 1.3850 during the late Asian trading session on Wednesday. The Loonie pair gains marginally as the US Dollar (USD) ticks up, with the US Dollar Index (DXY) rising slightly to near 98.35.
Fxstreet
Wed, Aug 27
Silver Price Forecast: XAG/USD tumbles to near $38.50 as US Dollar rebounds
The Silver price (XAG/USD) attracts some sellers to around $38.50 during the Asian trading hours on Wednesday. The white metal retreats from a two-week low due to some profit-taking and a stronger US Dollar (USD).
Fxstreet
Wed, Aug 27
Australian Dollar holds ground following stronger monthly CPI
The Australian Dollar (AUD) remains steady following the release of the Monthly Consumer Price Index (CPI) on Wednesday. However, the AUD/USD pair receives downward pressure as the US Dollar (USD) recovers its recent losses from the previous session.
Fxstreet
Wed, Aug 27
USD/JPY trades above 147.50, upside capped by Fed concerns
USD/JPY recovers its recent losses from the previous session, trading around 147.60 during the Asian hours on Wednesday. However, the upside of the pair could be restrained as the US Dollar (USD) may struggle amid rising concerns over Federal Reserve (Fed) independence.Fxstreet
Wed, Aug 27
NZD/USD flat lines near 0.5850 on worries over Fed’s independence
The NZD/USD pair holds steady near 0.5860 during the early Asian session on Wednesday. Rising concerns over the Federal Reserve’s (Fed) independence could weigh on the US Dollar (USD) against the New Zealand Dollar (NZD).Fxstreet
Wed, Aug 27
GBP/USD churns chart paper near key figures ahead of quiet session
GBP/USD rebounded from early-week losses on Tuesday, bouncing back up from a fresh technical floor near the 1.3450 level. Cable has been drifting within familiar technical levels as broad-market investor sentiment grinds to a halt ahead of key US economic figures.Fxstreet
Tue, Aug 26
USD/CAD weakens below 1.3850 amid renewed concerns over Fed's independence
The USD/CAD pair loses ground to near 1.3835 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the Canadian dollar (CAD) amid fears over the Federal Reserve’s (Fed) independence after US President Donald Trump announced he was firing a Fed Governor Lisa Cook.Fxstreet
Tue, Aug 26
AUD/USD holds steady near key technical levels
AUD/USD is holding steady between familiar technical levels after catching a thin bid on Tuesday. US economic releases will take a breather on Wednesday, giving Aussie traders a chance to catch their breath, at least after the next round of Australian Consumer Price Index (CPI) inflation data.Fxstreet
Tue, Aug 26
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