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GBP/USD Price Forecast: Looks prepared for fresh rally towards 1.3720
The GBP/USD pair trades firmly near an over two-month high of around 1.3610 during the European trading session on Friday. The Cable outperforms as the Pound Sterling (GBP) reflects strength, following the Bank of England’s (BoE) monetary policy announcement on Thursday.
Fxstreet
Fri, May 1
USD/CAD Price Forecast: Descending 20-day EMA supports more downside
The USD/CAD pair trades with caution near Thursday’s low at around 1.3580 during the late Asian trading session on Friday. The Loonie pair trades weakly as the US Dollar (USD) is broadly under pressure, following Japanese intervention in the forex markets.
Fxstreet
Fri, May 1
USD/CHF remains above 0.7800 as US Dollar gains on risk-off mood
USD/CHF inches higher after posting 1.25% losses in the previous day, trading around 0.7820 during the Asian hours on Friday. The pair gains ground as the safe-haven demand supports the US Dollar (USD) against its major peers.
Fxstreet
Fri, May 1
AUD/JPY Price Forecast: Gains ground, maintaining bullish bias above 100-day EMA
The AUD/JPY cross holds positive ground near 113.10 during the early European session on Friday. The cross remains firm after pulling back from a multi-decade high of 114.72. However, the potential upside for AUD/JPY might be limited amid intervention fears.
Fxstreet
Fri, May 1
EUR/USD Price Forecast: Holds onto gains near 1.1730
The EUR/USD pair clings to Thursday’s gains near 1.1735 during the Asian trading session on Friday. The major currency pair reflects strength as the US Dollar (USD) holds onto the previous day’s losses, which were driven by suspected Japan’s intervention in forex markets.
Fxstreet
Fri, May 1
Pound Sterling moves little as safe-haven demand lifts US Dollar
GBP/USD steadies after registering nearly 1% gains in the previous day, trading around 1.3610 during the Asian hours on Friday. The pair moves little as the US Dollar (USD) gains ground on safe-haven demand amid the ongoing Middle East conflict.Fxstreet
Fri, May 1
Canadian Dollar sits near its highest level since March 11 vs USD amid elevated Oil prices
The USD/CAD pair enters a bearish consolidation phase after touching a fresh low since March 11 during the Asian session on Friday, and currently trades around the 1.3575 region. Nevertheless, spot prices remain on track to register losses for the fourth straight week.Fxstreet
Fri, May 1
Japanese Yen weakens as softer Tokyo CPI and Iran tensions counter intervention warnings
The USD/JPY pair is seen building on the previous day's late rebound from the vicinity of mid-155.00s, or over a two-month low, and gaining some positive traction during the Asian session on Friday.Fxstreet
Fri, May 1
NZD/USD holds losses near 0.5900 as NZ Consumer Confidence Falls in April
NZD/USD pulls back after registering over 1.25% gains in the previous day, trading around 0.5900 during the Asian hours on Friday. The pair depreciates as the New Zealand Dollar (NZD) remains subdued following the release of weaker mid-tier economic data from the country.
Fxstreet
Fri, May 1
EUR/USD gathers strength above 1.1700 as ECB keeps rates steady
The EUR/USD pair attracts some buyers to around 1.1730 during the early Asian session on Friday. The Euro (EUR) strengthens against the US Dollar (USD) after the European Central Bank (ECB) kept interest rates on hold at its April meeting.Fxstreet
Fri, May 1
AUD/USD jumps near 0.7200 as Japan’s intervention sinks the USD
The Australian Dollar reclaimed the 0.7200 level on Thursday, surging more than 1% as the Greenback dropped to seven-day lows amid Japanese authorities’ intervention in the FX markets, pushing aside solid US economic data. The AUD/USD trades past 0.7200 after hitting a daily low of 0.7110.Fxstreet
Thu, Apr 30
EUR/USD Price Forecast: Consolidates below key Fibonacci level as bulls defend 200-day SMA
The Euro (EUR) edges higher against the US Dollar (USD) on Tuesday as the Greenback softens broadly following possible intervention from Tokyo, with authorities seen selling Dollars to support the Japanese Yen (JPY), while the Euro also draws some support from the latest monetary policy decision byFxstreet
Thu, Apr 30
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