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USD/CHF trades with mild losses near 0.8900, eyes on US PMI data

The USD/CHF pair trades on a weaker note near 0.8905 during the early European session on Wednesday.

Fxstreet

Jul 24, 2024

Japanese Yen extends gains as traders expect BoJ to raise interest rates

The Japanese Yen (JPY) extends its gains for the third consecutive session on Wednesday, likely due to a return of risk-off flows.

Fxstreet

Jul 24, 2024

Indian Rupee holds steady ahead of India’s PMI data

The Indian Rupee (INR) trades on a flat note on Wednesday despite the modest recovery of the Greenback.

Fxstreet

Jul 24, 2024

EUR/JPY dives to over one-month low amid BoJ rate-hike bets, Eurozone PMIs in focus

The EUR/JPY cross attracts fresh sellers following an early uptick to the 169.20 region during the Asian session and turns lower for the third successive day on Wednesday.

Fxstreet

Jul 24, 2024

Australian Dollar extends its losses after mixed PMI data

The Australian Dollar (AUD) continues its losing streak for the eighth consecutive day following the release of mixed data from Australia's Judo Bank Purchasing Managers Index (PMI) on Wednesday.

Fxstreet

Jul 24, 2024

NZD/USD attracts some sellers below 0.5950 amid rising RBNZ rate cut bets

The NZD/USD pair faces some selling pressure near 0.5945 during the early Asian session on Wednesday.

Fxstreet

Jul 24, 2024

PBOC sets USD/CNY reference rate at 7.1358 vs. 7.1334 previous

On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1358, as against the previous day's fix of 7.1334 and 7.2795 Reuters estimates.

Fxstreet

Jul 24, 2024

EUR/USD backslides in runup to key midweek data prints

EUR/USD dipped one-third of one percent on Tuesday as investors knuckle down for the wait to a double-header of Purchasing Managers Index (PMI) figures due from both the EU and the US on Wednesday.

Fxstreet

Jul 23, 2024

AUD/USD remains on the defensive near 0.6600 amid mixed Australian PMI, Chinese economic woes

The AUD/USD pair trades in negative territory for the seventh consecutive day around 0.6610 on Wednesday during the early Asian session.

Fxstreet

Jul 23, 2024

GBP/USD eases back as markets gear up for data-laden midweek

GBP/USD eased lower on Tuesday to decline one-fifth of one percent as traders buckle up for a hectic midweek market session after a quiet start to the trading week.

Fxstreet

Jul 23, 2024

USD/CAD extends upside above 1.3750, with all eyes on BoC rate decision

The USD/CAD pair extends a rally around 1.3785 during the early Asian session on Wednesday.

Fxstreet

Jul 23, 2024

NZD/USD Price Analysis: Bulls fail to contain the sellers sinks further below the key 0.6000 level

In Tuesday's session, the NZD/USD further extended its downward expedition, decreasing by 0.35% to 0.5960.

Fxstreet

Jul 23, 2024

NZD/JPY Price Analysis: Bears conquer 100-day SMA and gain further ground

In Tuesday's trading session, the NZD/JPY pair continued its fall and dipped to 92.60, marking a 1.30% drop.

Fxstreet

Jul 23, 2024

USD/JPY Price Analysis: Plummets below Ichimoku-cloud, eyes further downside

The USD/JPY plummets over 0.85% and drops below the Ichimoku Cloud (Kumo) for the first time since January 15.

Fxstreet

Jul 23, 2024

GBP/JPY plunges below 201.00 as Yen recovery continues

GBP/JPY extended into further losses on Tuesday as the Japanese Yen continues a broad-base recovery sparked by a series of “Yenterventions” by the Bank of Japan (BoJ) and Japan’s Ministry of Finance (MoF) to try and prop up the beleaguered Yen.

Fxstreet

Jul 23, 2024

Australian Dollar plunges as China's weakness alarms investors

In Tuesday's trading session, the Australian Dollar (AUD) suffered further losses against the USD, with AUD/USD falling to 0.6615.

Fxstreet

Jul 23, 2024

Mexican Peso falls sharply amid Congress judiciary reform talks

The Mexican Peso dropped sharply during Tuesday’s North American session, losing more than 1.00% against the Greenback, which registers mild gains amid falling US Treasury bond yields.

Fxstreet

Jul 23, 2024

Canadian Dollar continues pre-BoC churn on Tuesday

The Canadian Dollar (CAD) mostly paddled in place on Tuesday, finding thin gains across the board but still struggling to make headway against a mild recovery in US Dollar bidding.

Fxstreet

Jul 23, 2024

AUD/USD: Back inside the 0.6575-0.6700 range – DBS

AUD/USD peaked at 0.68 on July 11 and fell to 0.6643 on Monday, back inside the 0.6575-0.6700 range seen between mid-May and early July, DBS senior FX strategist Philip Wee.

Fxstreet

Jul 23, 2024

GBP/USD Price Analysis: Slips toward 1.2900, bears eye support at 1.2860

The Pound Sterling extended its losses during the North American session against the US Dollar on Tuesday, clinging to the 1.2900 figure after hitting a 7-day high of 1.2887.

Fxstreet

Jul 23, 2024

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