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USD/CHF attracts some sellers below 0.8600 as geopolitical risks draw investors to safe-haven Swiss Franc

The USD/CHF pair drifts lower to near 0.8590 during the early European session on Thursday.

Fxstreet

Aug 8, 2024

Asia FX: Aussie surges on hawkish RBA, yen strengthens amid BOJ speculation

Investing.com-- Most Asian currencies firmed on Thursday with the Australian dollar logging strong gains after Reserve Bank Governor Michele Bullock said the bank will not hesitate to hike interest ra

Investing.com

Aug 8, 2024

EUR/USD strengthens above 1.0900 on softer US Dollar, eyes on geopolitical risks

The EUR/USD pair rebounds to near 1.0935, snapping the two-day losing streak during the Asian trading hours on Thursday.

Fxstreet

Aug 8, 2024

Japanese Yen remains tepid following BoJ Summary of Opinions

The Japanese Yen (JPY) extends its losses against the US Dollar (USD) on Thursday, following a retracement of its intraday gains.

Fxstreet

Aug 8, 2024

NZD/USD trims a part of modest intraday gains after softer NZ inflation expectations data

The NZD/USD pair attracts some dip-buying following the previous day's modest pullback from a two-and-half-week high and retakes the 0.6000 psychological mark during the Asian session on Thursday.

Fxstreet

Aug 8, 2024

USD/INR recovers despite geopolitical risks, RBI’s MPC rate decision looms

The Indian Rupee (INR) weakens on the modest recovery of the Greenback on Thursday, snapping the two-day winning streak.

Fxstreet

Aug 8, 2024

Australian Dollar attracts buyers due to odds of RBA maintaining hawkish stance

The Australian Dollar (AUD) moves sideways against the US Dollar (USD) with a positive bias on Thursday.

Fxstreet

Aug 8, 2024

PBOC sets USD/CNY reference rate at 7.1460 vs. 7.1386 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1460, as against the previous day's fix of 7.1386 and 7.1821 Reuters estimates.

Fxstreet

Aug 8, 2024

USD/JPY hovers around 146.00 after BoJ Summary of Opinions

The USD/JPY pair hovers around 146.05 after retreating from a weekly high of 147.90 during the early Asian trading hours on Thursday.

Fxstreet

Aug 8, 2024

NZD/JPY Price Forecast: Bullish momentum continues, technicals signal further gains

The NZD/JPY pair has shown a strong bullish momentum this week, with Wednesday's 2% gain towards 88.00 suggesting that the bulls are waking up.

Fxstreet

Aug 7, 2024

NZD/USD Price Forecast: Bulls extend gains, testing 0.6000

On Wednesday, the NZD/USD pair extended its gains rising to 0.5995 and approaching the 0.6000 level, which is a key psychological level.

Fxstreet

Aug 7, 2024

USD/JPY Price Forecast: Soars over 1.50% on BoJ dovish stance

The USD/JPY soared late in the North American session, up by more than 1.50% or 240 plus pips, after a Bank of Japan official stated that they would not raise rates in an unstable market environment.

Fxstreet

Aug 7, 2024

AUD/JPY Price Forecast: Bulls attempt to take control, encouraged by oversold conditions

On Wednesday's session, the AUD/JPY pair rose by 1.80% to 95.90 continuing the upward momentum after the trend reversal of early August.

Fxstreet

Aug 7, 2024

Australian Dollar Price Forecast: AUD strengthens following RBA's decision

The AUD/USD pair is currently trading around 0.6555, up by 0.50% on Wednesday.

Fxstreet

Aug 7, 2024

Forex Today: Investors now look at weekly US labour data… and the Yen

The Greenback extended its weekly rebound mainly on the back of the strong resumption of selling pressure in the Japanese yen.

Fxstreet

Aug 7, 2024

Canadian Dollar buoyed by market flows on Wednesday

The Canadian Dollar (CAD) was bolstered into the high end on Wednesday as risk sentiment improved across the FX market.

Fxstreet

Aug 7, 2024

Mexican Peso rallies to snap four-day losing streak

The Mexican Peso enjoys a healthy rally on Wednesday and snapped a four-day losing streak against the Greenback following Monday’s stock market massacre.

Fxstreet

Aug 7, 2024

GBP/USD Price Forecast: Rebounds above 1.2700 on risk-on mood

The Pound Sterling bounced off daily/weekly lows and rose above the 1.2700 figure on Wednesday as risk appetite improved after a Bank of Japan (BoJ) official commented the BoJ wouldn’t raise rates amid market instability.

Fxstreet

Aug 7, 2024

EUR/CHF not to trend higher medium-term – Rabobank

The overnight fall in the value of the JPY briefly left the CHF as the best performing G10 currency over the past five sessions this morning.

Fxstreet

Aug 7, 2024

GBP/USD: Key resistance is distant at 1.2775/80 – Scotiabank

The Pound Sterling (GBP) is tracking a little higher on the day, Scotiabank’s chief FX strategist Shaun Osborne notes.

Fxstreet

Aug 7, 2024

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