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PBOC sets USD/CNY reference rate at 7.1458 vs. 7.1449 previous

On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1458, as against Friday's fix of 7.1449 and 7.1777 Reuters estimates.

Fxstreet

Aug 12, 2024

EUR/USD appreciates above 1.0900, upside seems limited due to Middle East tensions

EUR/USD halts its four-day losing streak, trading around 1.0920 during the Asian session on Monday.

Fxstreet

Aug 12, 2024

AUD/JPY Price Analysis: Bearish bias subdued, indicators hint at consolidation phase

In Friday's session, the AUD/JPY pair declined by 0.65% to 96.45, extending its recent downward trajectory.

Fxstreet

Aug 9, 2024

EUR/USD churns after a week of directionless weight-shifting

EUR/USD finished off a sedate trading week close to where it began, trading within a tight range of slightly more than 1%.

Fxstreet

Aug 9, 2024

NZD/JPY Price Analysis: Cross consolidates near 88.00

The NZD/JPY currency pair remained in a consolidation pattern on Friday, hovering around the 88.000 level.

Fxstreet

Aug 9, 2024

GBP/USD trims losses but ends the week lower

GBP/USD wrapped up a fourth straight week in the red, closing lower around four-tenths of one percent despite a late-week recovery from lows below the 1.2700 handle.

Fxstreet

Aug 9, 2024

NZD/USD Price Analysis: Consolidation takes place, 0.6000 remains crucial

In Friday's session, the NZD/USD pair declined mildly to 0.6010, marking the seventh consecutive day within a narrow range.

Fxstreet

Aug 9, 2024

USD/JPY Price Forecast: Drops below 147.00 as downtrend resumes

The USD/JPY retreats after failing to surpass the 148.00 resistance and extends its losses below the 147.00 mark, snapping three days of gains.

Fxstreet

Aug 9, 2024

Australian Dollar down, RBA's hawkish stance and Chinese inflation data to limit losses

The AUD/USD pair witnessed a minor setback at 0.6575 during Friday's session, a modest descent of 0.30%.

Fxstreet

Aug 9, 2024

Canadian Dollar stumped by lopsided labor data

The Canadian Dollar (CAD) rounded out the trading week by holding onto a 1.5% gain against the US Dollar after a frothy trading week gave way to a flattened Friday session.

Fxstreet

Aug 9, 2024

Mexican Peso gains as Banxico surprises with rate cut amid rising inflation

The Mexican Peso advanced for the third straight day following a surprising monetary policy decision by the Bank of Mexico (Banxico).

Fxstreet

Aug 9, 2024

Russia Consumer Price Index (MoM) came in at 1.14%, above forecasts (1.1%) in July

Russia Consumer Price Index (MoM) came in at 1.14%, above forecasts (1.1%) in July

Fxstreet

Aug 9, 2024

EUR/USD: Stuck in a range between 1.06 and 1.10 this year – Rabobank

In the year-to-date USD/JPY has traded in a mighty range that has stretched almost from 140 to 162.

Fxstreet

Aug 9, 2024

CNY: What’s been driving a stronger renminbi? – MUFG

The main economic data release overnight was the latest CPI report from China for July, MUFG FX analyst Lee Hardman notes.

Fxstreet

Aug 9, 2024

GBP/USD Price Forecast: Gives up intraday gains amid cautious mood

The GBP/USD pair surrenders its intraday gains and falls back to near 1.2730 in Friday’s New York session.

Fxstreet

Aug 9, 2024

USD/CAD exhibits volatility above 1.3700 on weak Canadian Employment

The USD/CAD pair delivers volatile moves above the round-level support of 1.3700 after the release of the weak Canadian Employment data for July.

Fxstreet

Aug 9, 2024

GBP/USD: A daily close above 1.2750 may help the turn higher – Scotiabank

The Pound Sterling (GBP) is dead flat on the day, Scotiabank’s chief FX strategist Shaun Osborne notes.

Fxstreet

Aug 9, 2024

EUR/USD: Largely unchanged on the day – Scotiabank

EUR/USD is unchanged on the day, Scotiabank’s chief FX strategist Shaun Osborne notes.

Fxstreet

Aug 9, 2024

Brazil IPCA Inflation above forecasts (0.35%) in July: Actual (0.38%)

Brazil IPCA Inflation above forecasts (0.35%) in July: Actual (0.38%)

Fxstreet

Aug 9, 2024

USD/CAD: A push under 1.3720/35 targets a drop back to 1.3675 – Scotiabank

The Canadian Dollar (CAD) is idling in a tight range, Scotiabank’s chief FX strategist Shaun Osborne notes.

Fxstreet

Aug 9, 2024

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