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USD/INR Extends Winning Streak Amid Fears of Prolonged Hormuz Closure
The Indian Rupee (INR) opens positively against the US Dollar (USD) on Friday, extending its losing streak for the fifth trading day.
Fxstreet
Fri, Apr 24
EUR/USD Price Forecast: Struggles below 1.1700 as bears await 200-EMA breakdown on H4
The EUR/USD pair remains on the back foot through the Asian session on Friday and currently trades around the 1.1680-1.1675 region, just above a nearly two-week low touched the previous day.
EUR/USD
Fxstreet
Fri, Apr 24
NZD/USD bears flirt with 200-day SMA, just below mid-0.5800s as Iran tensions support USD
The NZD/USD pair is seen extending this week's retracement slide from the 0.5925-0.5930 horizontal barrier and drifting lower for the second straight day on Friday.
NZD/USD
Fxstreet
Fri, Apr 24
USD/CHF rises toward 0.7900 as renewed risk aversion lifts US Dollar
USD/CHF extends its winning streak for the fourth successive day, trading around 0.7870 during the Asian hours on Friday. The pair gains ground as the US Dollar (USD) receives support from safe-haven demand amid persistent uncertainty surrounding the United States (US)–Iran conflict.
USD/CHF
Fxstreet
Fri, Apr 24
EUR/JPY Price Forecast: Holds above 186.50 to test nine-day EMA barrier
EUR/JPY inches higher after three days of gains, trading around 186.60 during Asian hours on Friday. The technical analysis of the daily chart indicates the currency cross is positioned slightly below the ascending channel, signaling potential for a bearish reversal.
EUR/JPY
Fxstreet
Fri, Apr 24
Canadian Dollar steadies as US Dollar firms on safe-haven demand
USD/CAD remains flat following a three-day winning streak, trading around 1.3700 during the Asian hours on Friday. The pair steadies as the US Dollar (USD) maintains its position as safe-haven demand increases amid persistent uncertainty surrounding the United States (US)–Iran conflict.
USD/CAD
Fxstreet
Fri, Apr 24
Japanese Yen hangs near two-week low vs USD as Japan’s National CPI fails to impress bulls
The USD/JPY pair sticks to its positive bias for the fifth straight day and trades around the 159.80 area, or a nearly two-week top during the Asian session on Friday.
USD/JPY
Fxstreet
Fri, Apr 24
Pound Sterling steadies above two-week low vs USD; bulls seem hesitant amid Iran tensions
The GBP/USD pair enters a bearish consolidation phase and trades around the 1.3465 region during the Asian session on Friday, just above a nearly two-week low set the previous day.
GBP/USD
Fxstreet
Fri, Apr 24
PBOC sets USD/CNY reference rate at 6.8674 vs. 6.8650 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8674 compared to the previous day's fix of 6.8650 and 6.8400 Reuters estimate.
USD/CNH
Fxstreet
Fri, Apr 24
Australian Dollar softens on escalating Middle East tensions
The AUD/USD pair loses traction to near 0.7130 during the early Asian session on Friday. Renewed conflict in the Middle East provides some support for a safe-haven currency, such as the US Dollar (USD), against the Australian Dollar (AUD).
AUD/USD
Fxstreet
Fri, Apr 24
NZD/USD pressured as strong US data support the Dollar
The NZD/USD pair trades with a negative bias near the 0.5860 area on Friday, April 24, as the US Dollar (USD) remains supported despite a slight loss of momentum in the broader index.
NZD/USD
Fxstreet
Thu, Apr 23
GBP/JPY Price Forecast: Rejected at 216.00, risks deepen below 215.00
GBP/JPY advance stalls around 215.70, then retreats to 215.00 as risk appetite deteriorates amid Middle East headlines, leaving traders uncertain about the conflict's outcome. The cross trades at 215.06 at the time of writing.
GBP/JPY
Fxstreet
Thu, Apr 23
Brazil: Gradual easing path intact – Standard Chartered
Standard Chartered’s Dan Pan expects Banco Central do Brasil (BCB) to continue its cautious easing cycle, projecting a 25bps cut at the 29 April meeting as inflation risks remain elevated.
Fxstreet
Thu, Apr 23
USD/CHF Price Forecast: Rallies capped below 100- and 200-day SMAs
USD/CHF trades flat on Thursday, with choppy price action and two-way swings as traders refrain from aggressive directional bets amid cautious market sentiment driven by ongoing US-Iran tensions. At the time of writing, the pair is trading around 0.7845.
USD/CHF
Fxstreet
Thu, Apr 23
USD/JPY stabilizes near recent high amid Oil-driven inflation support
USD/JPY trades around 159.45 on Thursday, virtually unchanged on the day but still close to recent highs after a series of three bullish days.
USD/JPY
Fxstreet
Thu, Apr 23
GBP/USD steadies near 1.3500 as Hormuz tensions curb upside today
GBP/USD steadies at around 1.3500 as tensions in the Middle East rise with the US and Iran escalating the conflict as both began to seize ships or oil vessels near the Strait of Hormuz. Meanwhile, a Pakistani official revealed that negotiations between Washington and Tehran had frozen.
GBP/USD
Fxstreet
Thu, Apr 23
AUD/USD muted as strong US PMIs and firm labor data boost US Dollar
The AUD/USD pair trades neutrally near the 0.7160 price zone on Thursday, as the US Dollar (USD) gathered some strength following a fresh batch of solid United States (US) economic data.
AUD/USD
Fxstreet
Thu, Apr 23
EUR/USD rebounds as USD eases despite strong PMIs, Hormuz tensions in focus
EUR/USD rebounds on Thursday after trading under pressure earlier in the day, as the US Dollar (USD) loses momentum, allowing the Euro (EUR) to recover from intraday lows despite upbeat US Purchasing Managers Index (PMI) data and cautious market sentiment amid US-Iran tensions.
EUR/USD
Fxstreet
Thu, Apr 23
USD/TRY: Year-end target at 55.0 – Commerzbank
Commerzbank’s Tatha Ghose says their worst-case scenario materialised after the Turkish central bank left policy unchanged, relying on FX intervention and ad hoc liquidity tightening instead of rate hikes.
USD/TRY
Fxstreet
Thu, Apr 23
GBP/USD: Data lift but range still dominant – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the Pound (GBP) is marginally softer versus the US Dollar (USD) but outperforming most G10 currencies, supported by better‑than‑expected United Kingdom (UK) Purchasing Managers' Index (PMI) data.
GBP/USD
Fxstreet
Thu, Apr 23
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