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GBP/USD Price Forecast: Attracts slight bids below trendline near 1.3360
The British Pound (GBP) is up 0.1% at around 1.3372 against the US Dollar (USD) during the European trading session on Friday. The GBP/USD pair gains as the British currency rises, following the release of the surprisingly upbeat United Kingdom (UK) Retail Sales data for August.
Fxstreet
Fri, Sep 18
GBP/JPY Price Forecast: Rallies to two-week top, above 210.50 amid post-BoJ JPY selloff
The GBP/JPY cross builds on its strong intraday rally and climbs to a nearly two-week top, above mid-210.00s during the early European session on Friday. Spot prices now seem poised to register gains for the first time in three weeks.
Fxstreet
Fri, Sep 18
New Zealand Dollar declines as US Dollar gains on hawkish Fed outlook
NZD/USD depreciates after posting gains the previous day, trading around 0.5720 during the early European hours on Friday. The pair loses ground as the US Dollar (USD) recovers its daily losses due to hawkish comments from Federal Reserve Chair Kevin Warsh.
Fxstreet
Fri, Sep 18
USD/CAD Price Forecast: Holds gains near 1.4000, bullish signals support upside
The USD/CAD pair trades in positive territory around 1.3995 during the early European trading hours on Friday. The US Dollar (USD) extends its rally against the Canadian Dollar (CAD) on a hawkish tone from the US Federal Reserve (Fed).
Fxstreet
Fri, Sep 18
British Pound: Downside risk extends toward 1.3300 – UOB
United Overseas Bank’s (UOB) Quek Ser Leang highlights that GBP/USD remains under pressure after four consecutive daily declines, though short-term momentum has not intensified. Intraday, the British Pound (GBP) is expected to range between 1.3335 and 1.3390.Fxstreet
Fri, Sep 18
Euro declines against British Pound following UK Retail Sales, German Producer Price data
EUR/GBP inches lower after three days of gains, trading around 0.8590 during the Asian hours on Friday. The currency cross is facing downward pressure as the British Pound (GBP) gains momentum following stronger-than-expected United Kingdom (UK) Retail Sales data.
Fxstreet
Fri, Sep 18
AUD/USD Price Forecast: Recovers further as RBA reiterates commitment to bring inflation down
The Australian Dollar (AUD) outperforms its currency peers on Friday, trading 0.18% higher at around 0.7122 against the US Dollar (USD) during the European trading session. The antipodean strengthens as Reserve Bank of Australia (RBA) Governor Michele Bullock warns of upside inflation risks.
Fxstreet
Fri, Sep 18
EUR/USD Price Forecast: Strengthens to near 1.1500, while bearish bias persists below 100-day SMA
The EUR/USD pair trades in positive territory around 1.1490 during the early European session on Friday, bolstered by a weaker US Dollar (USD). However, the potential upside of the major pair might be limited amid a hawkish interest rate hike by the Federal Reserve (Fed).Fxstreet
Fri, Sep 18
New Zealand Dollar steadies as softer US bond yields keep USD on the defensive
The NZD/USD pair struggles to capitalize on the previous day's modest recovery gains and edges lower during the Asian session on Friday. Spot prices, however, hold above the lowest level since July 9, touched on Wednesday, and currently trade around the 0.5730 region, nearly unchanged for the day.Fxstreet
Fri, Sep 18
Australian Dollar rises against Japanese Yen as BOJ raises policy rate to the highest since 1995
The AUD/JPY cross rises to around 112.05 during the Asian trading hours on Friday. The Japanese Yen (JPY) attracts some sellers against the Australian Dollar (AUD) following the Bank of Japan (BoJ) interest rate decision.
Fxstreet
Fri, Sep 18
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