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EUR/USD Price Analysis: Trades above 1.0850, descending channel

EUR/USD inches lower to near 1.0860 during the Asian session on Monday.

Fxstreet

Mon, Oct 21

GBP/JPY slides further below 195.00, away from its highest level since late July set on Friday

The GBP/JPY cross kicks off the new week on a weaker tone and retreats further from its highest level since late July, around the 196.00 mark touched on Friday.

Fxstreet

Mon, Oct 21

USD/INR drifts lower on weaker US Dollar

The Indian Rupee (INR) recovers on Monday amid the decline in crude oil prices and softer US Dollar (USD).

Fxstreet

Mon, Oct 21

USD/CAD moves above 1.3800 as traders expect BoC to deliver a 50 bps rate cut

USD/CAD continues to gain ground as the Canadian Dollar (CAD) receives downward pressure ahead of the Bank of Canada (BoC) interest rate decision scheduled for Wednesday.

Fxstreet

Mon, Oct 21

NZD/USD attracts some buyers above 0.6050 as China cuts Loan Prime Rates by 25 bps

The NZD/USD pair trades in positive territory near 0.6075 during the early Asian session on Monday.

Fxstreet

Mon, Oct 21

Japanese Yen recovers further against USD, upside potential seems limited

The Japanese Yen (JPY) kicks off the new week on a slightly positive note against its American counterpart and looks to build on Friday's modest recovery from the vicinity of the lowest level since early August.

Fxstreet

Mon, Oct 21

Australian Dollar gains ground after rate cuts in China, remarks from RBA Hauser

The Australian Dollar (AUD) extended its winning streak against the US Dollar (USD) for the third consecutive session on Monday.

Fxstreet

Mon, Oct 21

PBOC sets USD/CNY reference rate at 7.0982 vs. 7.1274 previous

On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0982, as compared to Friday's fix of 7.1274 and 7.0990 Reuters estimates.

Fxstreet

Mon, Oct 21

EUR/USD snaps four-day losing streak, but its a long way up

EUR/USD drifted into a rebound on Friday, snapping a four-day losing streak.

Fxstreet

Fri, Oct 18

GBPUSD extends meager recovery from 1.30

GBP/USD extended a near-term recovery rally to wrap up the trading week, inching back in a familiar congestion zone and clawing back meager gains from the midweek’s backslide into the 1.3000 handle.

Fxstreet

Fri, Oct 18

USD/JPY Price Forecast: Retreats below 150.00 sponsored on falling yields

The USD/JPY retreats after hitting a two-month high of 150.32, edges down over 0.45%, and trades at 149.55 at the time of writing.

Fxstreet

Fri, Oct 18

NZD/JPY Price Analysis: Buyers lose momentum, eyes on SMA crossover

In Friday's session, the NZD/JPY pair declined by 0.20% to 90.80, encountering increased resistance and losing ground still holding the key 20-day Simple Moving Average (SMA).

Fxstreet

Fri, Oct 18

Australian Dollar rises as weak USD and strong data support Aussie

The AUD/USD pair extended its recovery momentum on Friday and rose mildly to 0.67055, with a positive risk tone and hawkish Reserve Bank of Australia (RBA) expectations due to strong local data underpinning the Aussie.

Fxstreet

Fri, Oct 18

Mexican Peso erases earlier gains amid a weak US Dollar

The Mexican Peso remained firm against the US Dollar on Friday yet erased earlier gains, which saw the emerging market currency appreciate over 0.90%.

Fxstreet

Fri, Oct 18

USD/JPY Price Forecast: Bearish Rising Wedge pattern radically alters chart

USD/JPY keeps rising and forming a Rising Wedge pattern as it closes in on an old major trendline.

Fxstreet

Fri, Oct 18

EUR/GBP Price Analysis: Bulls attempt recovery and clear daily losses from multi-year lows

In Friday's session the EUR/GBP mildly rose to 0.8330 after falling to multi-year lows around 0.8300.

Fxstreet

Fri, Oct 18

EUR/USD: Speculation rises about a potential quicker pace of ECB easing – Rabobank

There has been a notable change in market perceptions regarding the pace and quantity of potential Fed and ECB rate cuts in recent weeks, Rabobank’s FX analyst Jane Foley notes.

Fxstreet

Fri, Oct 18

GBP/USD Price Forecast: Upbeat UK data fuels rally, stalls at 1.3050

The Pound Sterling resumed its uptrend after hitting a weekly low of 1.2974 on Wednesday.

Fxstreet

Fri, Oct 18

USD/CAD Price Forecast: Strives to break above 1.3800 on BoC dovish bets

The USD/CAD pair gathers strength to break above the immediate resistance of 1.3800 in Friday’s North American session.

Fxstreet

Fri, Oct 18

EUR/GBP declines to year-to-date lows after UK Retail Sales, ECB meeting

EUR/GBP declines to fresh year-to-date lows of 0.8295 on Friday as the Pound Sterling (GBP) appreciates against the Euro (EUR) following the release of data showing British shoppers spending extravagantly in September.

Fxstreet

Fri, Oct 18

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