News
Important Only
NZD/USD Price Forecast: Struggles near 0.5820, below 200-day on RBNZ's dovish stance
The NZD/USD pair touches a fresh low since April 14, around the 0.5815 region, during the Asian session on Thursday and looks to extend the previous day's dovish Reserve Bank of New Zealand (RBNZ) inspired slump.
Fxstreet
Thu, Aug 21
USD/JPY Price Forecast: Trades sideways above 147.00 ahead of key US-Japan events
The USD/JPY pair consolidates in a tight range around 147.40 during the late Asian trading session on Thursday. The pair trades sideways as investors await Federal Reserve (Fed) Chair Jerome Powell’s speech at the on Friday.
Fxstreet
Thu, Aug 21
EUR/GBP flat lines near 0.8650 as traders await Eurozone/UK PMI data
The EUR/GBP cross trades on a flat note around 0.8655 during the early European session on Thursday. Traders prefer to wait on the sidelines ahead of the preliminary reading of the HCOB Purchasing Managers Index (PMI) for August from the Eurozone and Germany, which are due later on Thursday.
Fxstreet
Thu, Aug 21
FOREX-Currencies steady as investors ponder Fed independence, await Powell speech
Trump's Fed attacks chip away at investor confidence Investors worry about Fed independence All eyes on Powell's speech at Jackson Hole on Friday Markets pricing in US rate cut next month Kiwi near 4-month lows after rate cut, more in storeBy Ankur Banerjee SINGAPORE, Aug 21 (Reuters) - ...Reuters
Thu, Aug 21
GBP/JPY flat lines above 198.00 as BoE-BoJ policy divergence caps gains ahead of UK PMIs
The GBP/JPY pair holds steady above the 198.00 mark during the Asian session on Thursday, though the lack of any meaningful buying warrants caution before positioning for an extension of the overnight bounce from a nearly two-week low.
Fxstreet
Thu, Aug 21
Yuan hits one-week high on stronger fix, eyes on Fed
SHANGHAI, Aug 21 (Reuters) - China's yuan firmed to a one-week high against the dollar on Thursday, after the central bank set its strongest daily guidance in nine months, while investors await cues from the Federal Reserve on the currency's near-term direction.Prior to the market opening, t...Reuters
Thu, Aug 21
EUR/USD holds loses around 1.1650 ahead of Eurozone PMI data
EUR/USD edges lower after registering slight gains in the previous session, trading around 1.1640 during the Asian hours on Thursday. The Euro (EUR) depreciates against the US Dollar (USD) ahead of HCOB Purchasing Managers’ Index (PMI) data from Germany and the Eurozone.Fxstreet
Thu, Aug 21
Silver Price Forecast: XAG/USD gains ground above $37.50 on Fed rate cut hopes
The Silver price (XAG/USD) gains traction to near $37.85 during the Asian trading hours on Thursday. The white metal receives support from the expectation of a US Federal Reserve (Fed) rate cut in the September meeting.
Fxstreet
Thu, Aug 21
RPT-EXCLUSIVE-China considering yuan-backed stablecoins to boost global currency usage, sources say
China's State Council to approve new yuan internationalisation plan later this month-sources Yuan-backed stablecoins seen as key amid US dollar dominance-sources Hong Kong and Shanghai to fast-track local implementation of the plan-sources China to discuss wider use of yuan at summit in Tianjin-...Reuters
Thu, Aug 21
