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USD/JPY eases back after consumer sentiment results boost investor mood
USD/JPY eased lower on Friday, slipping below 149.00 early in the day and testing near the 148.00 handle.
USD/JPY
Fxstreet
Aug 16, 2024
EUR/GBP mildly declines despite steady UK retail sales data
Friday's trading painted a slightly less vibrant picture for the EUR/GBP pair which slid to 0.8530 as investors are digesting mixed Retail Sales figures from the UK.
EUR/GBP
Fxstreet
Aug 16, 2024
USD/CAD edges lower as firm Fed rate-cut prospects weigh on US Dollar
The USD/CAD pair falls slightly but holds key support of 1.3700 in Friday’s New York session.
USD/CAD
Fxstreet
Aug 16, 2024
GBP/JPY shrugs off strong UK data, pulls back from 200-day SMA
GBP/JPY pauses in its recovery rally after touching the 200-day Simple Moving Average (SMA) and pulls back almost half a percent on Friday to trade in the 190.60s, despite the release of broadly positive data out of the UK.
GBP/JPY
Fxstreet
Aug 16, 2024
GBP/USD: May face gains towards 1.2950/1.30 – Scotiabank
The Pound Sterling (GBP) is a relatively better performer on the session, posting a 0.4% gain on the USD so far which has lifted Cable back above 1.29, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
GBP/USD
Fxstreet
Aug 16, 2024
EUR/USD moves higher to near 1.1000 as US Dollar remains inside woods
The EUR/USD pair rebounds to near the psychological resistance of 1.1000 in Friday’s New York session.
EUR/USD
Fxstreet
Aug 16, 2024
EUR/USD: Short-term resistance is at 1.1050 – Scotiabank
EUR/USD is grinding back against the slide in spot that followed yesterday’s US data round and retains a generally firm undertone, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
EUR/USD
Fxstreet
Aug 16, 2024
USD/CAD: A breach of the 1.3725/50 is imminent – Scotiabank
The Canadian Dollar (CAD) is barely changed at all on the session, Scotiabank’s chief FX strategist Shaun Osborne notes.
USD/CAD
Fxstreet
Aug 16, 2024
Addendum to the real Swiss franc – Commerzbank
The real exchange rate of the Swiss franc (against Switzerland's trading partners, REER) has fluctuated much less strongly in recent years than the nominal exchange rate (NEER).
EUR/CHF
Fxstreet
Aug 16, 2024
A very significant change in the EUR/USD forecast – Commerzbank
Commerzbank’s economists have revised their Fed forecast downwards very significantly – by more than they are lowering their US inflation forecast.
EUR/USD
Fxstreet
Aug 16, 2024
USD/JPY: Bulls may try to test the 149.50 resistance – UOB Group
The US Dollar (USD) weakness has stabilised; there is no clear directional bias, and it could trade in a broad range of 146.00/152.00, UOB Group Quek Ser Leang and Lee Sue Ann note.
USD/JPY
Fxstreet
Aug 16, 2024
NZD/USD: Bulls set to test 0.6080 – UOB Group
The New Zealand Dollar (NZD) strength from early this month has ended; it is likely to trade between 0.5935 and 0.6080 for the time being, UOB Group Quek Ser Leang and Lee Sue Ann note.
NZD/USD
Fxstreet
Aug 16, 2024
BRL: Commodity prices are a drag – ING
USD/BRL has come off sharply from its early August spike to 5.80.
Fxstreet
Aug 16, 2024
AUD/USD: Set to test the 0.6660 level – UOB Group
The Australian Dollar (AUD) is expected to trade in a range, probably between 0.6580 and 0.6640, or withing a broader range between 0.6545 and 0.6660, UOB Group Quek Ser Leang and Lee Sue Ann note.
AUD/USD
Fxstreet
Aug 16, 2024
USD/CHF Price Analysis: Evolves a new short-term uptrend
USD/CHF has established a sequence of rising peaks and troughs on the 4-hour chart (since the pair bottomed on August 4).
USD/CHF
Fxstreet
Aug 16, 2024
GBP/USD: A step away from the 1.2900 level – UOB Group
The Pound Sterling (GBP) could edge higher; there does seem to be enough momentum for it to reach 1.2900.
GBP/USD
Fxstreet
Aug 16, 2024
USD/JPY Price Analysis: Establishes sequence of higher highs and higher lows
USD/JPY has probably reversed its short-term downtrend and is now trending higher after establishing a new sequence of higher highs and higher lows.
USD/JPY
Fxstreet
Aug 16, 2024
AUD/USD clings to gains near 0.6640 as US Dollar dips on firm Fed rate-cut bets
The AUD/USD pair holds onto gains near a three-week high of 0.6640 in Friday’s European session.
AUD/USD
Fxstreet
Aug 16, 2024
EUR/USD: Bulls set to test 1.1010 – UOB Group
Sharp selloff seems excessive; instead of weakening further, the Euro (EUR) is likely to consolidate in a range of 1.0945/1.1010, or, in the broader range between 1.0910 and 1.1045, UOB Group Quek Ser Leang and Lee Sue Ann note.
EUR/USD
Fxstreet
Aug 16, 2024
Dollar hands back some gains; Jackson Hole looms large
Investing.com - The U.S. dollar edged lower Friday, handing back some of the previous session’s hefty gains after the release of solid retail sales downplayed concerns about an Imminent U.S. recession
Investing.com
Aug 16, 2024
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