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EUR/JPY Price Forecast: Treads water above 170.00, near five-week lows
EUR/JPY attempts to halt its two-day losing streak, trading around 170.20 during the European hours on Tuesday. The bearish bias is strengthening as the technical analysis of the daily chart shows that the currency cross remains within the descending channel pattern.
Fxstreet
Tue, Aug 5
USD/CHF moves above 0.8100 as US Dollar strengthens ahead of ISM PMI release
USD/CHF continues to gain ground for the second successive session, trading around 0.8110 during the European hours on Tuesday. The pair remains stronger as the US Dollar (USD) advances ahead of the release of US ISM Purchasing Managers Index (PMI) data due later in the day.
Fxstreet
Tue, Aug 5
EUR/GBP extends losses below 0.8700 with BoE interest rates coming into view
The Euro trades lower for the second consecutive day on Tuesday, exploring levels sub-0.8700 as the Pound trims some losses, with investors shifting their gaze to the Bank of England’s monetary policy decision, due next Thursday.
Fxstreet
Tue, Aug 5
GBP/JPY attracts some buyers to above 195.50 despite rising BoJ rate hike bets
The GBP/JPY cross attracts some buyers to around 195.60 during the early European trading hours on Tuesday. The Japanese Yen (JPY) edges lower against the Pound Sterling (GBP) amid risk-on sentiment and political uncertainty in Japan.
Fxstreet
Tue, Aug 5
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