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EUR/USD catches a bullish break, but still trapped below 1.11

EUR/USD caught a bid on Wednesday, rebounding from a recent selloff and catching technical support from 1.1050.

Fxstreet

Sep 4, 2024

NZD/JPY Price Analysis: Bears in control, eyeing 88.00

The NZD/JPY pair is holding onto its bearish bias, selling off Wednesday's session.

Fxstreet

Sep 4, 2024

GBP/USD bounced but remains trapped within near-term congestion

GBP/USD caught a bounce on broad-market risk flows pushing down the Greenback, keeping Cable bid on the north side of the 1.3100 handle on Wednesday.

Fxstreet

Sep 4, 2024

NZD/USD Price Analysis: Technical pullback allows the consolidation of gains

The NZD/USD pair is consolidating near the 0.6200 support level as bulls take a breather after August's rally.

Fxstreet

Sep 4, 2024

USD/JPY Price Forecast: Plunges below 144.00 as downtrend resumes

The USD/JPY collapsed late during the North American session and fell below 144.00 for the first time since last Wednesday.

Fxstreet

Sep 4, 2024

Australian Dollar shows mild gains on reduced USD strength

The AUD/USD saw mild gains on Wednesday, rising to 0.6720 amid reduced USD strength.

Fxstreet

Sep 4, 2024

Mexican Peso extends losses as lawmakers pass controversial bill

The Mexican Peso depreciated against the Greenback on Wednesday during the North American session as the Mexican lower house voted and approved President Andres Manuel Lopez Obrador's (AMLO) bill to overhaul the judicial system.

Fxstreet

Sep 4, 2024

EUR/GBP Price Analysis: Recovery gains momentum, technical outlook mixed

In Wednesday's session, the EUR/GBP mildly rose to 0.8420, continuing its recovery from last week's losses which saw the cross bottoming at 0.8400.

Fxstreet

Sep 4, 2024

GBP/USD Price Forecast: Rises as US data fuels rate cut speculation

The Pound Sterling enjoys a good rebound off the weekly low of 1.3087 and rises in early trading on Wednesday during the North American session, climbing over 0.22% against the Greenback.

Fxstreet

Sep 4, 2024

USD/CAD falls below 1.3550 on expected BoC rate cuts, weak US Job Openings

The USD/CAD pair drops sharply below the crucial support of 1.3550 as the Bank of Canada (BoC) reduces its key borrowing rates by 25 basis points (bps) for the third straight time, pushing them lower to 4.25%.

Fxstreet

Sep 4, 2024

GBP/JPY Price Prediction: Counter-trend rally stutters, risks giving way

GBP/JPY has unfolded a recovery rally since the August 5 lows.

Fxstreet

Sep 4, 2024

Payrolls set to be high-risk event for dollar - Citi

Investing.com - All eyes in the foreign exchange markets are firmly focused on Friday’s US jobs report, with Citi stating that the release is likely to market moving for G10 FX, and the US dollar in p

Investing.com

Sep 4, 2024

GBP/USD: August PMIs are revised slightly higher – Scotiabank

UK final August Services and Composite PMI data were revised modestly higher to 53.7 and 53.8 (from 53.3 and 53.4 respectively), Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Fxstreet

Sep 4, 2024

EUR/JPY Price Forecast: Long-term uptrend might still be intact

EUR/JPY broke out of the rising channel it had been in for over two years, in late July.

Fxstreet

Sep 4, 2024

UBS cuts US dollar targets; recommends fading any strength

Investing.com - UBS has downgraded its long-term US dollar targets, looking to fade the currency's rebound early in September.At 08:45 ET (12:45 GMT), the Dollar Index, which tracks the greenback agai

Investing.com

Sep 4, 2024

NZD/USD bounces back from intraday low of 0.6170, US NFP remains in focus

The NZD/USD pair recovers strongly from the intraday low of 0.6170 in in Wednesday’s New York session.

Fxstreet

Sep 4, 2024

EUR/USD: EUR static in mid-1.10 range – Scotiabank

The Euro (EUR) is little changed on the session, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Fxstreet

Sep 4, 2024

EUR/GBP Price Analysis: Sell-off pauses and consolidates

EUR/GBP has paused its sell-off within a falling channel. The pair temporarily broke below the bottom of the channel (shaded circle) before recovering and consolidating.

Fxstreet

Sep 4, 2024

CAD holds tight range ahead of expected 25bps BoC cut – Scotiabank

The Canadian Dollar (CAD) is holding close to Tuesday’s closing level ahead of the Bank of Canada policy decision.

Fxstreet

Sep 4, 2024

Brazil Industrial Output (MoM) below forecasts (-0.9%) in July: Actual (-1.4%)

Brazil Industrial Output (MoM) below forecasts (-0.9%) in July: Actual (-1.4%)

Fxstreet

Sep 4, 2024

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