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USD/CAD: BOC signals more cuts are in the pipeline – BBH

USD/CAD is down under 1.3800 in line with the recovery in risk assets, BBH FX analysts note.

Fxstreet

Aug 7, 2024

NZD: Has room to edge higher – BBH

The New Zealand Dollar (NZD) outperformed and New Zealand bonds underperformed on better-than-expected Q2 New Zealand labor market data, BBH FX analysts note.

Fxstreet

Aug 7, 2024

EUR/GBP: A brief pullback can’t be ruled out – Société Générale

A break beyond 0.8650 would be crucial to confirm further uptrend, SG FX strategists note.

Fxstreet

Aug 7, 2024

USD/JPY: Bulls are pushing higher towards 148.30 – UOB Group

Еру next significant support level is some distance away at 140.80, but it remains to be seen if this level will come into view, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann notes.

Fxstreet

Aug 7, 2024

NZD/USD: Bulls may push to test 0.6035 – UOB Group

Price action continues to suggest the New Zealand Dollar (NZD) could recover, possibly to 0.6035, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann notes.

Fxstreet

Aug 7, 2024

AUD/USD: Bulls may try to test 0.6600 – UOB Group

The Australian Dollar (AUD) could rebound; any advance is unlikely to reach 0.6600.

Fxstreet

Aug 7, 2024

GBP/USD: Bulls push to test 1.2780 – UOB Group

Oversold decline has not stabilised; the Pound Sterling (GBP) could drop further to 1.2645.

Fxstreet

Aug 7, 2024

GBP/JPY trades around 187.00 following a rebound from six-month lows

GBP/JPY halts its losing streak that began on July 30, trading around 187.00 during the European session on Wednesday.

Fxstreet

Aug 7, 2024

EUR/USD: A break above 1.1010 is needed – UOB Group

The Euro (EUR) is expected to consolidate between 1.0895 and 1.0960.

Fxstreet

Aug 7, 2024

EUR/GBP trades with modest losses around 0.8600 mark, bears lack conviction

The EUR/GBP cross comes under some selling pressure on Wednesday and erodes a part of the previous day's strong move up back closer to a three-month peak touched earlier this week.

Fxstreet

Aug 7, 2024

EUR/USD bounces off 1.0900 mark, keeps the red amid modest USD strength

The EUR/USD pair remains under some selling pressure for the second straight day on Wednesday, albeit manages to hold its neck above the 1.0900 mark through the early European session.

Fxstreet

Aug 7, 2024

Forex Today: Japanese Yen remains volatile, mood turns upbeat

Here is what you need to know on Wednesday, August 7: Japanese Yen remains as one of the biggest movers among major currencies on Wednesday.

Fxstreet

Aug 7, 2024

USD/MXN depreciates toward 19.00 due to improved risk appetite

USD/MXN trades around 19.30 during the early European hours on Wednesday after breaking its four-day winning streak.

Fxstreet

Aug 7, 2024

USD/CAD struggles below 1.3800 amid rebounding Oil prices, stronger USD lends support

The USD/CAD pair sticks to its modest intraday losses during the early European session on Wednesday and currently trades around the 1.3775-1.3770 region.

Fxstreet

Aug 7, 2024

AUD/USD attracts some buyers near 0.6550 amid RBA’s hawkish stance, bigger Fed rate cut bets

The AUD/USD pair extends the recovery near 0.6545 on Wednesday during the early European trading hours.

Fxstreet

Aug 7, 2024

NZD/USD clings to upbeat jobs data-inspired gains to over two-week high, around 0.6000

The NZD/USD pair builds on its strong intraday gains and climbs to over a two-week high heading into the European session on Wednesday, with bulls now building on the momentum beyond the 0.6000 psychological mark.

Fxstreet

Aug 7, 2024

EUR/JPY Price Analysis: BoJ’s dovish remarks boost the cross above 161.00, bearish outlook remains intact

The EUR/JPY cross gathers strength near 161.10, snapping the seven-day losing streak during the early European session on Wednesday.

Fxstreet

Aug 7, 2024

USD/CHF rises to near 0.8600 as US Treasury yields continue to rise

USD/CHF breaks its six-day losing streak, trading around 0.8590 during the Asian session on Wednesday.

Fxstreet

Aug 7, 2024

Asia FX muted as dollar steadies; yen tumbles as BOJ downplays rate hikes

Investing.com-- Most Asian currencies drifted lower on Wednesday as the dollar regained more ground from recent declines, while the yen fell sharply after Bank of Japan officials downplayed expectatio

Investing.com

Aug 7, 2024

GBP/USD moves above 1.2700 due to rising odds of a Fed rate cut in September

GBP/USD retraces its recent losses, trading around 1.2710 during the Asian session on Wednesday.

Fxstreet

Aug 7, 2024

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