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USD/CAD jumps to near 1.3500 despite multiple headwinds

The USD/CAD pair climbs to near the psychological resistance of 1.3500 in Friday’s New York session.

Fxstreet

Aug 30, 2024

Further pressure on the US dollar is likely: UBS

Investing.com -- The US dollar is expected to face increasing downward pressure in the coming months, despite a recent boost from stronger-than-anticipated economic data. As per analysts at UBS, the o

Investing.com

Aug 30, 2024

USD/CAD Price Prediction: Breaks above key trendline after strong Canadian GDP data

USD/CAD is decisively breaking above a key trendline for the downtrend it has been in since the start of August.

Fxstreet

Aug 30, 2024

USD/CAD: USD losses may resume below 1.3450/55 – Scotiabank

The CAD is trading marginally higher on the session, reflecting the bid for risk assets on the day, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Fxstreet

Aug 30, 2024

EUR/JPY rises after Eurozone inflation data lands as forecast

EUR/JPY is trading a quarter of a percent higher at just above 161.00 on Friday, after the release of Eurozone inflation data for July met economists’ expectations.

Fxstreet

Aug 30, 2024

A drift towards US recession doesn;t have to mean weaker USD - MacQuarie

Investing.com - The U.S. dollar received a boost overnight with the release of stronger than expected second-quarter growth data. And, even if the U.S. economy heads towards recession that may not mea

Investing.com

Aug 30, 2024

USD/JPY: Enough momentum to break above 145.70– UOB Group

Scope for the US Dollar (USD) to advance, but it does seem to have enough momentum to break the strong resistance at 145.70.

Fxstreet

Aug 30, 2024

USD rises against a weaker Euro – DBS

The DXY Index appreciated a second day by 0.28% to 101.38 overnight, DBS Senior FX Strategist Philip Wee notes.

Fxstreet

Aug 30, 2024

USD/JPY Price Forecast: Trading in a messy range until a break one way or another

USD/JPY has been trading in a messy range all through August with little clear direction.

Fxstreet

Aug 30, 2024

NZD/USD: May try to breach 0.6290 – UOB Group

Instead of continuing to rise, New Zealand Dollar (NZD) is likely to trade in a range of 0.6230/0.6290.

Fxstreet

Aug 30, 2024

AUD/USD: Set to test the 0.6820 resistance – UOB Group

The Australian Dollar (AUD) is expected to trade in a range, probably between 0.6775 and 0.6820.

Fxstreet

Aug 30, 2024

NZD/USD Price Prediction: Pulls back down to support but trend remains bullish

NZD/USD pulls back to support in the 0.6250s after making a higher high.

Fxstreet

Aug 30, 2024

Mexican Peso rises in line with other risk assets

The Mexican Peso (MXN) edges higher in its most-traded pairs on Friday as market sentiment improves following the release of stronger-than-expected US data indicating a hard landing for the US economy is now less likely.

Fxstreet

Aug 30, 2024

GBP/USD: Climbs up towards 1.3215 – UOB Group

The Pound Sterling (GBP) is expected to trade in a 1.3145/1.3215 range.

Fxstreet

Aug 30, 2024

AUD/USD rises to near 0.6800 despite multiple headwinds, US PCE inflation eyed

The AUD/USD pair gains to near 0.6800 in Friday’s European session.

Fxstreet

Aug 30, 2024

JPY: Mixed picture – Commerzbank

Data out of Japan this morning is mixed. On the one hand, inflation rose slightly more than expected, but on the other hand, the economy is still fragile, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann notes.

Fxstreet

Aug 30, 2024

Dollar set for winning week ahead of key inflation release

Investing.com - The U.S. dollar edged slightly higher Friday, and was on course to end a five-week losing streak ahead of the release of key inflation data.At 04:00 ET (09:00 GMT), the Dollar Index, w

Investing.com

Aug 30, 2024

EUR/USD: EUR may break below 1.1040 in the longer run – UOB Group

Euro (EUR) is likely to trade in a 1.1050/1.1125 range. In the longer run, upward momentum has largely dissipated, and EUR is expected to trade in a range between 1.1040 and 1.1200, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann notes.

Fxstreet

Aug 30, 2024

Germany moved the Euro – Commerzbank

German inflation figures were the main focus for EUR/USD on Thursday.

Fxstreet

Aug 30, 2024

Eurozone annual HICP inflation softens to 2.2% in August as expected

The Harmonized Index of Consumer Prices (HICP), the European Central Bank's (ECB) preferred gauge of inflation, rose 2.2% on a yearly basis in August's flash estimate, Eurostat reported on Friday.

Fxstreet

Aug 30, 2024

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