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USD/CAD: Minor USD rebounds are liable to attract renewed selling interest – Scotiabank
The Canadian Dollar (CAD) has slipped back amid the broader rebound in the USD vs US Dollar (YSD). USD gains have taken funds back to the mid/upper 1.37s and largely reflect the rebound in the USD rather than any CAD-negative development, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD/CAD
Fxstreet
Tue, May 27
EUR a mid-performer with mixed data – Scotiabank
Euro (EUR) is soft, down 0.4% vs. the US Dollar (USD) and a mid-performer among the G10 as we head into Tuesday’s NA session.
EUR/USD
Fxstreet
Tue, May 27
EUR/GBP explores fresh lows sub-0.8380 as Eurozone data fails to inspire
The Euro extends losses for the fourth consecutive day against the British Pound, weighed by uninspiring Eurozone economic data and dovish comments by ECB policymaker Francois Villeroy.In Germany, the GFK Consumer Sentiment Index has ticked in from last week’s lows but remains at extremely low level
EUR/GBP
Fxstreet
Tue, May 27
USD/CAD rises to near 1.3760 as US Dollar gains ground
The USD/CAD pair gains to near 1.3760 during European trading hours on Tuesday. The Loonie pair rises as the US Dollar (USD) gains ground due to de-escalating trade tensions between the European Union (EU) and the United States (US).
USD/CAD
Fxstreet
Tue, May 27
USD/JPY: Major support at 141.70 is unlikely to come under threat – UOB Group
US Dollar (USD) could edge lower and retest the 142.20 level vs Japanese Yen (JPY); the major support at 141.70 is unlikely to come under threat. In the longer run, risk is still on the downside, but it remains to be seen if USD can maintain its pace of decline.
USD/JPY
Fxstreet
Tue, May 27
EUR/USD retraces on progress in US-EU trade talks, dovish ECB
EUR/USD corrects to near 1.1350 during European trading hours on Tuesday after revisiting the monthly high of 1.1425 the previous day.
EUR/USD
Fxstreet
Tue, May 27
FOREX-Dollar broadly firm, yen slips as Japanese yields slump
Yen weakens as Japanese bond yields slumpDollar strengthens against range of currenciesUS Senate debates tax-cut bill impacting debtTrump's erratic trade policies, spending plans hurt US assets By Lucy Raitano and Rocky Swift LONDON, May 27 (Reuters) - The dollar rallied on Tuesday as inve...
Reuters
Tue, May 27
CEE MARKETS-Forint near two-week low before Hungary rate meeting
PRAGUE, May 27 (Reuters) - The forint eased to a nearly two-week low on Tuesday before a meeting of Hungary's central bank, expected to hold interest rates unchanged for an eighth straight meeting as inflation risks outweigh growth worries.Elsewhere Central European shares were mostly stronger, ...
Reuters
Tue, May 27
Swiss Economy Minister: Hope that trade talks with US will have a result by July
Switzerland Economy Minister Guy Parmelin said on Tuesday, “we hope that by the beginning of July, we will have a result from discussions with the US.”
USD/CHF
Fxstreet
Tue, May 27
NZD: How dovish does the RBNZ sound? – Commerzbank
Early tomorrow morning (European time), the Reserve Bank of New Zealand (RBNZ) will announce its decision on interest rates.
NZD/USD
Fxstreet
Tue, May 27
Eurozone Economic Sentiment Indicator came in at 94.8, above expectations (94) in May
Eurozone Economic Sentiment Indicator came in at 94.8, above expectations (94) in May
EUR/USD
Fxstreet
Tue, May 27
Eurozone Business Climate: -0.55 (May) vs -0.67
Eurozone Business Climate: -0.55 (May) vs -0.67
EUR/USD
Fxstreet
Tue, May 27
Eurozone Services Sentiment climbed from previous 1.4 to 1.5 in May
Eurozone Services Sentiment climbed from previous 1.4 to 1.5 in May
EUR/USD
Fxstreet
Tue, May 27
Eurozone Industrial Confidence came in at -10.3, above expectations (-11) in May
Eurozone Industrial Confidence came in at -10.3, above expectations (-11) in May
EUR/USD
Fxstreet
Tue, May 27
AUD/USD Price Forecast: Tests psychological 0.6450 support, aligns with nine-day EMA
The AUD/USD pair continues to lose ground for the second successive day, trading around 0.6450 during the European hours on Tuesday. The bullish bias is prevailing as the technical analysis of the daily chart indicates that the pair is remaining within the ascending channel pattern.
AUD/USD
Fxstreet
Tue, May 27
USD/JPY: Policy normalisation plans still alive – OCBC
USD/JPY traded lower intra-day after BoJ Governor Ueda called for vigilance over food inflation risks. Japan's core inflation hit 3.5% in April, accelerating at its fastest annual pace in more than two years due largely to a 7% surge in food costs.
USD/JPY
Fxstreet
Tue, May 27
NZD/USD: NZD must break and hold above 0.6030 to advance – UOB Group
Conditions remain overbought; instead of rising, New Zealand Dollar (NZD) is more likely to trade in a range between 0.5960 and 0.6020 vs US Dollar (USD). In the longer run, for a sustained advance, NZD must break and hold above 0.6030, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZD/USD
Fxstreet
Tue, May 27
AUD/USD: Likely to trade with an upward bias toward 0.6550 – UOB Group
Australian Dollar (AUD) is expected to consolidate in a range between 0.6455 and 0.6510 vs US Dollar (USD). In the longer run, rapid buildup in momentum suggests AUD is likely to trade with an upward bias toward 0.6550, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUD/USD
Fxstreet
Tue, May 27
NZD: RBNZ to cut, rate projections in focus – ING
The Reserve Bank of New Zealand is widely expected to cut rates by another 25bp to 3.25% tonight (announcement at 04:00am CET). The Bank will also publish the new Monetary Policy Statement, which includes policy rate projections.
NZD/USD
Fxstreet
Tue, May 27
GBP/USD: Expected to consolidate between 1.3540 and 1.3600 – UOB Group
Pound Sterling (GBP) is expected to consolidate between 1.3540 and 1.3600. In the longer run, upward momentum remains strong; the next objective is 1.3635, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBP/USD
Fxstreet
Tue, May 27
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