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GBP/USD softens to near 1.3500 as traders pare bets on Fed rate cut
The GBP/USD pair trades on a softer note near 1.3500 during the early European session on Tuesday. The US Dollar (USD) posts modest gains against the Pound Sterling (GBP) as traders pared bets on a rate cut at the US Federal Reserve (Fed) September 16-17 meeting.
Fxstreet
Tue, Aug 19
EUR/USD remains subdued near 1.1650, awaits Ukraine-Russia developments, EU economic data
EUR/USD remains subdued for the second successive session, trading around 1.1660 during the Asian hours on Tuesday. The pair struggles as the US Dollar receives support from positive signals toward a possible resolution of the Ukraine-Russia war, following the Trump-Zelenskyy summit on Tuesday.
Fxstreet
Tue, Aug 19
Japanese Yen oscillates in range amid BoJ-Fed divergence and geopolitical optimism
The Japanese Yen (JPY) is seen oscillating in a range against its American counterpart during the Asian session on Tuesday amid mixed fundamental cues. The growing acceptance is that the Bank of Japan (BoJ) will stick to its policy normalization path and hike interest rates by the year-end.
Fxstreet
Tue, Aug 19
USD/INR holds positive ground on US–India trade fog
The Indian Rupee (INR) weakens on Tuesday amid persistent US–India trade tensions. US President Donald Trump said he would delay new tariffs on countries like China that continue purchasing Russian oil after talks with Russian President Vladimir Putin.Fxstreet
Tue, Aug 19
Australian Dollar remains subdued despite improved Westpac Consumer Confidence
The Australian Dollar (AUD) extends its losses for the second consecutive session on Tuesday. The AUD/USD pair depreciates despite an improved Westpac Consumer Confidence, which surged 5.7% in August to 98.5, following a 0.6% increase in July.
Fxstreet
Tue, Aug 19
NZD/USD gathers strength above 0.5900 as investors await RBNZ rate decision
The NZD/USD pair gains ground to near 0.5925 during the early Asian session on Tuesday. The US Dollar (USD) softens against the New Zealand Dollar (NZD) as a slew of US economic data keeps the case for a September Federal Reserve (Fed) interest rate cut intact.
Fxstreet
Tue, Aug 19
GBP/USD softens ahead of data-heavy week
GBP/USD saw a softer start to the new trading week, easing back around four-tenths of one percent through the opening market sessions. The US Dollar (USD) pared some of last week’s overall losses, trimming near-term gains for the Pound Sterling (GBP) on Monday.Fxstreet
Mon, Aug 18
USD/CAD flat lines near 1.3800 ahead of Canadian CPI inflation data
The USD/CAD pair extends its ongoing range-bound theme near 1.3800 during the early Asian session on Tuesday. Investors remain cautious as US President Donald Trump begins planning for a trilateral meeting with Russian President Vladimir Putin and Ukrainian leader Volodymyr Zelenskiy.Fxstreet
Mon, Aug 18
EUR/USD slides as Dollar gains strength ahead of Fed minutes and Jackson Hole
EUR/USD begins the week on a lower note, down 0.30% as traders await the outcome of the meeting between US President Donald Trump and Ukraine’s Volodymyr Zelenskiy, after the former met with his Russian counterpart Vladimir Putin last Friday.Fxstreet
Mon, Aug 18
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, USD has likely moved back into a range-trading phase between 146.50 and 148.80, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Aug 18
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