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EUR/GBP gains ground to near 0.8650 ahead of BoE's Mann speech
The EUR/GBP cross gains momentum to near 0.8645 during the early European session on Tuesday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as the European Central Bank (ECB) signals a pause in monetary easing. The Bank of England (BoE) Catherine Mann is set to speak later on Tuesday.
Fxstreet
Tue, Aug 26
USD/CAD trades cautiously around 1.3850 as Trump fires Fed’s Cook
The USD/CAD pair trades with caution around 1.3850 against the US Dollar (USD) on Tuesday. The Loonie pair faces slight selling pressure as United States (US) President Donald Trump has fired Federal Reserve (Fed) Governor Lisa Cook over mortgage allegations.
Fxstreet
Tue, Aug 26
GBP/USD Price Forecast: Bullish outlook remains in play near 1.3450
The GBP/USD pair edges lower to near 1.3450 during the early European session on Tuesday. The potential downside for the major pair might be limited after US President Donald Trump announced he was firing a Federal Reserve (Fed) Governor, Lisa Cook.
Fxstreet
Tue, Aug 26
NZD/USD strengthens above 0.5850 as Trump orders removal of Fed governor Cook
The NZD/USD pair gains ground to near 0.5860 during the early Asian session on Tuesday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) amid concerns over Federal Reserve (Fed) independence after the report that US President Donald Trump says he is removing Fed Governor Lisa Cook.
Fxstreet
Tue, Aug 26
USD/CAD drifts lower to near 1.3850 amid tariff easing
The USD/CAD pair trades with mild losses around 1.3855 during the early Asian session on Tuesday. The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Canada’s move to ease trade tensions with its largest trading partner.Fxstreet
Mon, Aug 25
EUR/USD falls below 1.17 as profit-taking lifts US Dollar
EUR/USD erases some of last Friday’s gains and drops 0.93% as the Greenback stages a recovery, following dovish remarks by Federal Reserve (Fed) Chair Jerome Powell. Expectations that the Fed will cut rates in September triggered the Euro’s (EUR) advance.Fxstreet
Mon, Aug 25
Australian Dollar holds firm as markets eye RBA Minutes and inflation data
The Australian Dollar (AUD) is holding firm against the US Dollar (USD) on Monday, with AUD/USD hovering close to the 0.6500 mark. The pair remains resilient despite a modest rebound in the Greenback, which is stabilizing after a sharp drop on Friday.Fxstreet
Mon, Aug 25
EUR/USD retreats below 1.1700 as US Dollar firms
The Euro (EUR) weakens against the US Dollar (USD) on Monday, with EUR/USD falling back below the 1.1700 psychological level as the Greenback picks up modest strength following last Friday’s sharp slide driven by Federal Reserve (Fed) Chair Jerome Powell’s dovish remarks at the Jackson Hole SymposiuFxstreet
Mon, Aug 25
Forex Today: Markets eye Powell fallout, US data, and RBA Minutes
The US Dollar (USD) regained some composure and managed to partially fade Friday’s post-Powell in quite a positive start to the new trading week. Investors’ attention, in the meantime, is expected to remain on the trade front and rising speculation of a September rate cut by the Federal Reserve.Fxstreet
Mon, Aug 25
GBP/USD steady near 1.35 as Powell hints at Fed cut
GBP/USD consolidates during the North American session after last Friday’s dovish tilt by the Federal Reserve Chair Jerome Powell, who said that risks to the labor markets are rising, an indication that monetary policy is cooling the jobs market.Fxstreet
Mon, Aug 25
USD/JPY: Likely to trade in a range between 146.80 and 147.85 – UOB Group
US Dollar (USD) is likely to trade in a range between 146.80 and 147.85. In the longer run, outlook is mixed; USD could trade in a range between 146.40 and 148.40, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Aug 25
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