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Sterling hits one-month high; bearish dollar momentum building

Investing.com - The U.S. dollar fell Monday ahead of the release of minutes from the Federal Reserve's July policy meeting and Chair Jerome Powell's upcoming speech at Jackson Hole later this week. At

Investing.com

Aug 19, 2024

NZD/USD sticks to gains near one-month top amid weaker USD, remains below 200-day SMA

The NZD/USD pair attracts some follow-through buying for the second straight day on Monday and climbs to over a one-month peak amid sustained US Dollar (USD) selling.

Fxstreet

Aug 19, 2024

USD/MXN Price Forecast: Holds position above 18.50, tests barrier at nine-day EMA

The USD/MXN pair halts its four-day losing streak, trading around 18.70 during the European session on Monday.

Fxstreet

Aug 19, 2024

AUD/USD Price Prediction: Bulls retain control near four-week top, await move beyond 0.6700

The AUD/USD pair sticks to its intraday gains through the early part of the European session and currently trades around the 0.6685 region, up over 0.25% for the day.

Fxstreet

Aug 19, 2024

GBP/JPY faces some selling pressure below 189.00 amid hawkish sentiment surrounding the BoJ

The GBP/JPY cross weakens around 188.70 on Monday during the early European trading hours.

Fxstreet

Aug 19, 2024

Forex Today: US Dollar slides to begin the week, Japanese Yen rallies

Here is what you need to know on Monday, August 19: The US Dollar (USD) stays under selling pressure early Monday, with the USD Index dropping to its weakest level since early January near 102.00.

Fxstreet

Aug 19, 2024

EUR/USD strengthens to near YTD top below 1.1050 on firm Fed rate cut prospects

The EUR/USD pair rises to the year-to-date (YTD) highs near 1.1040 during the early European section on Monday.

Fxstreet

Aug 19, 2024

USD/CHF drops to near 0.8650 due to dovish Fed, rising geopolitical tensions

USD/CHF continues to lose ground, trading around 0.8640 during the Asian session on Monday.

Fxstreet

Aug 19, 2024

USD/CAD drops to over one-month low, holds just above mid-1.3600s amid weaker USD

The USD/CAD pair extends last week's breakdown momentum through the 50-day Simple Moving Average (SMA) and remains under some selling pressure for the second straight day on Monday.

Fxstreet

Aug 19, 2024

USD/INR holds steady as traders await more cues on potential Fed rate cuts

The Indian Rupee (INR) flatlines on Monday despite the softer US Dollar (USD).

Fxstreet

Aug 19, 2024

Australian Dollar edges higher due to reduced bets of any imminent RBA rate cuts

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

Fxstreet

Aug 19, 2024

New Zealand Dollar holds positive ground amid rising Fed rate cut expectations

The New Zealand Dollar (NZD) gathers strength on Monday. The weaker US housing data on Friday has added to concerns over the US economy's strength, especially after recent softer inflation and labor reports.

Fxstreet

Aug 19, 2024

USD/JPY retreats over 50 pips from Asian session peak, slides below mid-147.00s

The USD/JPY pair struggles to capitalize on its modest Asian session uptick to the 148.00 mark and drops to a fresh daily low in the last hour.

Fxstreet

Aug 19, 2024

PBOC sets USD/CNY reference rate at 7.1415 vs. 7.1464 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Monday at 7.1415, as against Friday's fix of 7.1464 and 7.1548 Reuters estimates.

Fxstreet

Aug 19, 2024

EUR/USD rises toward 1.1050 due to dovish Fedspeak

EUR/USD extends its gains for the second successive session, trading around 1.1030 during the Asian hours on Monday.

Fxstreet

Aug 19, 2024

GBP/USD touches one-month peak around mid-1.2900s, seems poised to climb further

The GBP/USD pair builds on last week's breakout momentum and climbs to over a one-month peak, around mid-1.2900s during the Asian session on Monday.

Fxstreet

Aug 19, 2024

NZD/JPY Price Analysis: Bulls regain some ground, must conquer the 20-day SMA

The NZD/JPY pair gained ground in Friday's session, climbing to 89.30.

Fxstreet

Aug 16, 2024

Canadian Dollar firms up against Greenback on Friday

The Canadian Dollar (CAD) was overall softer on Friday, shedding weight across the currency board, but still found gains against the risk-appetite-weakened Greenback to wrap up the trading week.

Fxstreet

Aug 16, 2024

NZD/USD Price Analysis: Pair gets a boost and reclaims the 100-day SMA

In Friday's session, the NZD/USD pair resumed its upward trajectory, extending gains to 1% to reach 0.6050 and managed to clear part of the last two sessions' losses.

Fxstreet

Aug 16, 2024

Australian Dollar continues to gain strength on RBA’s hawkish stance, weaker USD

The AUD/USD pair experienced an increase of 0.40% during Friday's session, settling near 0.6950.

Fxstreet

Aug 16, 2024

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