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British Pound rallies to 213.70 vs bearish JPY as Iran risks counter BoJ, UK politics
The GBP/JPY cross rebounds nearly 100 pips from the daily low, filling a modest bearish gap down opening on Monday and hitting a fresh daily high near the 213.70 region during the early European session.
Fxstreet
Mon, Jun 22
USD/CAD Price Forecast: Hits fresh 14-month highs near 1.4200 confluence barrier
USD/CAD continues to gain ground for the eighth successive day, trading around 1.4180 during the early European hours on Monday. The technical analysis of the daily chart indicates the pair is moving upwards within the ascending channel pattern, signaling a persistent bullish bias.Fxstreet
Mon, Jun 22
Euro edges higher against British Pound amid UK political uncertainty
The EUR/GBP cross gathers strength to around 0.8670 during the early European trading hours on Monday. The British Pound (GBP) weakens against the Euro (EUR) due to political uncertainty in the United Kingdom (UK).
Fxstreet
Mon, Jun 22
NZD/USD Price Forecast: Languishes near 0.5720 as geopolitical risks weigh
The New Zealand Dollar (NZD) ticks down against the US Dollar (USD) on Monday, trading at 0.5730 at the time of writing, holding losses from last week’s sell-off and drawing closer to the year-to-date low of 0.5681.
Fxstreet
Mon, Jun 22
Silver Price Analysis: XAG/USD advances above $66.00, but below key resistance in broader downtrend
Silver (XAG/USD) rises to around $66.35 during the early European trading hours on Monday. The precious metals attracts some buyers amid progress of US-Iran peace deal, easing tension in the Middle East.
Fxstreet
Mon, Jun 22
Australian Dollar remains weak near 0.7000 on Middle East peace doubts
The AUD/USD pair loses traction to near 0.7005 during the early European trading hours on Monday, pressured by risk-off sentiment. Traders continue to assess the developments surrounding the US-Iran peace deal following fresh threats from US President Donald Trump.
Fxstreet
Mon, Jun 22
Canadian Dollar hits 14-month lows due to safe-haven demand, lower oil prices
USD/CAD extends its gains for the fifth successive day, trading around 1.4190 during the Asian hours on Monday. The pair hits a 14-month high of 1.4191 as the US Dollar (USD) receives support from safe-haven demand, which could be attributed to renewed concerns over a US-Iran peace deal.Fxstreet
Mon, Jun 22
EUR/JPY Price Forecast: Tests nine-day EMA barrier after rebounding above 185.00
EUR/JPY extends its gains for the third successive day, trading around 185.20 during the Asian hours on Monday. The currency cross holds a mild bullish bias as price sits above the 50-day Exponential Moving Average (EMA), while being capped immediately by the nine-day EMA.
Fxstreet
Mon, Jun 22
British Pound fills weekly bearish gap vs USD; upside seems capped amid UK political chaos
The GBP/USD pair climbs back to the 1.3235 region during the Asian session and fails the weekly bearish gap opening amid a modest US Dollar (USD) downtick, though the upside potential seems limited.Fxstreet
Mon, Jun 22
New Zealand Dollar weakens below 0.5750 as PBOC rates hold, US-Iran talks weigh
The NZD/USD pair trades in negative territory around 0.5735 during the early Asian session on Monday. The China-proxy New Zealand Dollar (NZD) remains weak following the People’s Bank of China (PBOC) interest rate decision.Fxstreet
Mon, Jun 22
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