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Goldman Sachs: Carry trade unwind has more room to run

Goldman Sachs (NYSE:GS) strategists believe that the recent unwinding of the carry trade involving the Japanese Yen (JPY), has further to go despite the significant moves already observed.The sharp se

Investing.com

Aug 12, 2024

EUR/USD: Bears can break below 1.0875 – UOB Group

The Euro (EUR) is likely to consolidate between 1.0895 and 1.0930.

Fxstreet

Aug 12, 2024

Dollar edges higher ahead of key CPI release

Investing.com - The U.S. dollar edged higher Monday, in calm trading with traders looking to the release of key inflation data later in the week for clues of future Federal Reserve monetary policy dec

Investing.com

Aug 12, 2024

EUR/USD steadies above 1.0900 in calm start of US inflation week

EUR/USD stays in a tight range above the round-level support of 1.0900 in Monday’s European session.

Fxstreet

Aug 12, 2024

NZD/USD holds comfortably above 0.6000 mark; bulls flirts with multi-week peak

The NZD/USD pair attracts fresh buyers following an intraday dip to levels below the 0.6000 psychological mark and sticks to its intraday gains through the early part of the European session on Monday.

Fxstreet

Aug 12, 2024

AUD/USD sits near multi-week top, bulls await sustained strength beyond 0.6600 mark

The AUD/USD pair catches fresh bids during the early part of the European session and climbs back closer to a two-and-half-week top touched on Friday.

Fxstreet

Aug 12, 2024

Mexican Peso extends recovery after risk appetite returns

The Mexican Peso (MXN) makes marginal gains against key counterparts at the start of the new trading week amid the return of the risk appetite in the market.

Fxstreet

Aug 12, 2024

GBP/JPY rises to near 188.00 following cautious remarks on inflation by BoE Catherine Mann

GBP/JPY edges higher to near 187.90 during the European session, following thin trading as the Japanese market observed Mountain Day on Monday.

Fxstreet

Aug 12, 2024

Forex Today: Markets remain focused on geopolitics to start the week

Here is what you need to know on Monday, August 12: Investors adopt a cautious stance at the beginning of the week as they keep a close eye on developments surrounding the Iran-Israel conflict.

Fxstreet

Aug 12, 2024

Pound Sterling edges higher with focus on UK-US inflation

The Pound Sterling (GBP) gains against its major peers, except the Australian Dollar (AUD) and the New Zealand Dollar (NZD), in Monday’s London session.

Fxstreet

Aug 12, 2024

USD/CAD extends losses to near 1.3750 as Oil prices rise due to supply concerns

USD/CAD continues to lose ground for the seventh consecutive session, trading around 1.3730 during the early hours on Monday.

Fxstreet

Aug 12, 2024

EUR/GBP extends downside near 0.8550, focus on UK employment data

The EUR/GBP cross extends its decline to near 0.8550 during the early European session on Monday.

Fxstreet

Aug 12, 2024

EUR/USD Price Forecast: 1.1000 appears to be a tough nut to crack for buyers

The EUR/USD pair trades with mild gains around 1.0920 during the early European session on Monday.

Fxstreet

Aug 12, 2024

Asia FX ticks lower, dollar steadies ahead of CPI data

Investing.com-- Most Asian currencies weakened slightly on Monday as traders turned slightly biased towards the dollar in anticipation of key U.S. inflation data this week, which is expected to offer

Investing.com

Aug 12, 2024

Japanese Yen depreciates possibly due to thin trading on Japan’s Mountain Day

The Japanese Yen (JPY) retraces its recent gains against the US Dollar (USD), with trading volumes likely to be low due to the Japanese markets being closed for Mountain Day.

Fxstreet

Aug 12, 2024

USD/CAD consolidates in a range, just above multi-week low amid Middle East tensions

The USD/CAD pair extends its consolidative price move on the first day of a new week and is influenced by a combination of diverging forces.

Fxstreet

Aug 12, 2024

USD/INR flat lines ahead of Indian CPI inflation data

The Indian Rupee (INR) trades on a flat note on Monday amid the consolidation of the Greenback.

Fxstreet

Aug 12, 2024

Australian Dollar advances due to hawkish comments from RBA Governor Bullock

The Australian Dollar (AUD) retraces its recent losses against the US Dollar (USD) on Monday.

Fxstreet

Aug 12, 2024

New Zealand Dollar gathers strength, RBNZ rate decision in spotlight

The New Zealand Dollar (NZD) attracts some buyers to near the 0.6000 psychological level on Monday.

Fxstreet

Aug 12, 2024

USD/JPY trims part of modest gains amid geopolitical risks, up a little around 146.75-80 area

The USD/JPY pair attracts some dip-buyers on the first day of a new week, albeit struggles to find acceptance above the 147.00 mark and capitalize on the move up.

Fxstreet

Aug 12, 2024

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