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USD/CAD languishes near multi-week low, eyes Canadian jobs data for fresh impetus

The USD/CAD pair remains under some selling pressure for the fifth straight day and is weighed down by a combination of factors.

Fxstreet

Aug 9, 2024

EUR/GBP trades with a bearish bias near 0.8550 after German inflation data

The EUR/GBP cross trades with mild losses around 0.8560 during the early European session on Friday.

Fxstreet

Aug 9, 2024

Germany Harmonized Index of Consumer Prices (YoY) in line with expectations (2.6%) in July

Germany Harmonized Index of Consumer Prices (YoY) in line with expectations (2.6%) in July

Fxstreet

Aug 9, 2024

Germany Consumer Price Index (YoY) meets forecasts (2.3%) in July

Germany Consumer Price Index (YoY) meets forecasts (2.3%) in July

Fxstreet

Aug 9, 2024

Germany Consumer Price Index (MoM) meets expectations (0.3%) in July

Germany Consumer Price Index (MoM) meets expectations (0.3%) in July

Fxstreet

Aug 9, 2024

Germany Harmonized Index of Consumer Prices (MoM) meets forecasts (0.5%) in July

Germany Harmonized Index of Consumer Prices (MoM) meets forecasts (0.5%) in July

Fxstreet

Aug 9, 2024

GBP/JPY edges lower to near 187.50 as BoJ signals to raise rates further

GBP/JPY recovers its recent gains from the previous two sessions, trading around 187.40 during the Asian session on Friday.

Fxstreet

Aug 9, 2024

Asia FX firms on positive US, China readings; yen faces renewed pressure

Investing.com-- Most Asian currencies strengthened on Friday as positive economic readings from the U.S. and China helped soothe concerns over a recession, although improved risk appetite put renewed

Investing.com

Aug 9, 2024

Japanese Yen holds losses due to increased market volatility

The Japanese Yen (JPY) depreciates against the US Dollar (USD) on Friday.

Fxstreet

Aug 9, 2024

USD/INR drifts lower as likely RBI intervention helps limit Indian Rupee's decline

The Indian Rupee (INR) gains traction on Friday. Traders increasingly expect the US Federal Reserve (Fed) to cut interest rates in September, which continue undermining the US Dollar (USD).

Fxstreet

Aug 9, 2024

Australian Dollar receives support as RBA seems to adopt a hawkish stance

The Australian Dollar (AUD) edges lower as the US Dollar (USD) advances further following the recent US Initial Jobless Claims, which eased in the previous week.

Fxstreet

Aug 9, 2024

PBOC sets USD/CNY reference rate at 7.1449 vs. 7.1460 previous

On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1449, as against the previous day's fix of 7.1460 and 7.1690 Reuters estimates.

Fxstreet

Aug 9, 2024

USD/CAD recovers to near 1.3750 ahead of Canadian employment data

The USD/CAD pair trades with mild gains near 1.3740, snapping the five-day losing streak during the early Asian session on Friday.

Fxstreet

Aug 9, 2024

New Zealand Dollar weakens on stronger US Dollar, eyes on Chinese data

The New Zealand Dollar (NZD) trades with a mild bearish bias on Friday amid renewed US Dollar (USD) demand.

Fxstreet

Aug 8, 2024

USD/JPY Price Forecast: Climbs but stays below 147.50

The USD/JPY rises for the third straight session. However, it remains within familiar levels, unable to decisively clear the August 7 daily high at 147.89, after solid US jobs data boosted the Greenback.

Fxstreet

Aug 8, 2024

NZD/JPY Price Forecast: Cross extends recovery, three-day winning streak

The NZD/JPY pair traded sideways on Thursday, consolidating above the 88.00 level.

Fxstreet

Aug 8, 2024

NZD/USD Price Analysis: Bulls push the price to 0.6000, must hold the line

On Thursday, the NZD/USD pair extended its gains, mildly rising to 0.6000, a key resistance level which if it is secured, would improve the outlook.

Fxstreet

Aug 8, 2024

Mexican Peso surges as inflation outpaces estimates, Banxico’s decision looms

The Mexican Peso rose in early trading in the North American session on Thursday after the Instituto Nacional de Estadistica Geografia e Informatica (INEGI) revealed that the Consumer Price Index (CPI) in July rose above estimates ahead of the Bank of Mexico's (Banxico) monetary policy decision.

Fxstreet

Aug 8, 2024

AUD: RBA still hawkish – Rabobank

The AUD is not the only G10 currency that has been on a wild ride in the past few weeks, the JPY clearly takes that crown.

Fxstreet

Aug 8, 2024

GBP/USD: Mildly bullish above 1.2700 – Scotiabank

The Pound Sterling (GBP) was a very mild underperformer on the day and now turns slightly bullish, in keeping with its soft undertone since spot peaked in the middle of July, FX chief FX strategist Shaun Osborne notes.

Fxstreet

Aug 8, 2024

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