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EUR/JPY Price Forecast: Rises to near 185.50 due to bullish emergence
EUR/JPY gains ground for the fourth successive day, trading around 185.30 during the Asian hours on Thursday. The EUR/JPY cross is holding a constructive bias, with spot remaining above the nine-day and 50-day Exponential Moving Averages (EMAs).
Fxstreet
Thu, Jun 11
New Zealand Dollar edges higher despite Iran conflict risks
The NZD/USD pair gains traction to around 0.5800 during the Asian trading hours on Thursday. Nonetheless, escalating tensions in the Middle East could weigh on the New Zealand Dollar (NZD) as a riskier asset against the US Dollar (USD). The US Producer Price Index (PPI) report.
Fxstreet
Thu, Jun 11
Euro gathers strength to near 1.1550 ahead of ECB rate decision
The EUR/USD pair trades in positive territory near 1.1540 during the early Asian trading hours on Thursday. Rising bets that the European Central Bank (ECB) will deliver a rate hike at its June policy meeting later on Thursday underpin the Euro (EUR) against the Greenback.
Fxstreet
Thu, Jun 11
Breaking: Japanese Yen hits 6-week low near 160.50 amid intervention fears
The USD/JPY pair edges higher to around 160.55 during the early Asian session on Thursday. The Japanese Yen (JPY) weakens to a near six-week low against the US Dollar (USD) after a hot US inflation report fuels expectations for higher-for-longer US Federal Reserve (Fed) interest rates.
Fxstreet
Wed, Jun 10
Forex Today: US Dollar rebounds after inflation data
The US Dollar Index (DXY) trades with a firmer tone above 100.00 after May inflation data highlighted persistent price pressure in the United States (US). The headline Consumer Price Index (CPI) rose 4.2% YoY, accelerating from 3.8% previously, while it increased 0.5% on a monthly basis.Fxstreet
Wed, Jun 10
Swiss Franc eases as traders weigh US inflation data and geopolitical risks
The Swiss Franc (CHF) weakens against the US Dollar (USD) on Wednesday as renewed tensions between the United States and Iran support demand for the Greenback, while traders show a muted reaction to the latest US inflation data.
Fxstreet
Wed, Jun 10
Canadian Dollar struggles for direction as Bank of Canada keeps interest rates unchanged
The Canadian Dollar (CAD) pares some of its losses against the US Dollar (USD) on Wednesday after a brief bout of strength following the Bank of Canada's (BoC) monetary policy announcement. At the time of writing, USD/CAD trades around 1.3925, recovering from an intraday low of 1.3899.Fxstreet
Wed, Jun 10
British Pound hovers near 1.3400 as hot US CPI weighs on the USD
The Pound Sterling rose by over 0.19% on Wednesday after US inflation matched estimates, though the headline Consumer Price Index (CPI) reached a three-year high. The GBP/USD trades near 1.3400 after bouncing off daily lows of 1.3362.Fxstreet
Wed, Jun 10
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